MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0062625
Optigrise Technology Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹46.62 Lakh
▼ 46% YoY
Net profit · FY 2024
₹3.08 Lakh
Net margin 6.6%
EBITDA · FY 2024
₹8.19 Lakh
EBITDA margin 17.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Optigrise Technology Solutions Private Limited
Data last updated:
Optigrise Technology Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Optigrise Technology Solutions Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC120657. Its GSTIN is 33AACCO6365P1ZY (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Magesh and Lalitha Vijayavenkatraghavan.
Its last annual general meeting (AGM) was held on 05 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rmz Milleia Business Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.62 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Lakh (net margin 6.6%) and EBITDA of ₹8.19 Lakh (EBITDA margin 17.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
Optigrise Technology Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0062625). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website optigrise.com.
Company details
CIN U72900TN2018PTC120657
Registration Number 120657
Incorporation Date 25 January 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Optigrise Technology Solutions Llc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0062625
Recognitions & Rankings of Optigrise Technology Solutions
Contact details
Optigrise Technology Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is optigrise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRmz Milleia Business Park Campus 1A No 143, Dr.M.G.R Road (North Veeranam Salai) Perugudi Sholiganallur, Chennai, Tamil Nadu, India – 600096
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Optigrise Technology Solutions Private Limited, buy the company report.
Comprehensive company report
Optigrise Technology Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Optigrise Technology Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Optigrise Technology Solutions Private Limited, buy the company report.
Financials of Optigrise Technology Solutions Private Limited
FY 2024 filings availableOptigrise Technology Solutions Private Limited reported revenue of ₹46.62 Lakh (down 46% YoY) for FY 2024.
Revenue · FY 2024
₹46.62 Lakh ▼ 46%
Net profit · FY 2024
₹3.08 Lakh margin 6.6%
EBITDA · FY 2024
₹8.19 Lakh margin 17.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 54%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 46% fall in the latest year. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.19 Lakh | ||||
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| Net Profit (PAT) | ₹3.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 6.6% | ||||
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To see the full financial statements and ratios of Optigrise Technology Solutions Private Limited, buy the company report.
Board of directors of Optigrise Technology Solutions Private Limited
Optigrise Technology Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Magesh | Director | 02 Aug 2018 | 8 Years 2 Months | Current |
| Lalitha Vijayavenkatraghavan | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
Optigrise Technology Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Endivite Technologies Private Limited | ₹46.66 Lakh (FY 2025) | -17.0% | Bangalore, Karnataka, India | |||
| Techgenic Solutions Private Limited | ₹46.66 Lakh (FY 2025) | -41.0% | Nashik, Maharashtra, India | |||
| Amstech Incorporation Private Limited | ₹46.65 Lakh (FY 2025) | 1.0% | Indore, Madhya Pradesh, India | |||
| Tepros Services Private Limited | ₹46.64 Lakh (FY 2024) | Agastheeswaram, Tamil Nadu, India | ||||
| Appchromatics (OPC) Private Limited | ₹46.63 Lakh (FY 2019) | Telangana, India | ||||
| Optigrise Technology Solutions Private Limitedthis company | ₹46.62 Lakh (FY 2024) | ₹3.08 Lakh | 6.6% | -46.0% | Chennai, Tamil Nadu, India | |
| Papple Technologies Private Limited | ₹46.58 Lakh (FY 2025) | -12.0% | Bengaluru, Karnataka, India | |||
| Stackex Private Limited | ₹46.55 Lakh (FY 2025) | -48.0% | Dakshinakannada, Karnataka, India | |||
| Vannteq Farm Private Limited | ₹46.55 Lakh (FY 2023) | 1190.0% | Bathinda, Punjab, India | |||
| Utopian Technologies Limited | ₹46.54 Lakh (FY 2024) | 23.0% | Uttar Pradesh, India | |||
| Ridel Technologies Private Limited | ₹46.54 Lakh (FY 2024) | -15.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Optigrise Technology Solutions Private Limited, buy the company report.
Auditor
Optigrise Technology Solutions Private Limited is audited by PRAVEEN KUMAR G & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVEEN KUMAR G & ASSOCIATES | FY 2021 | 015158S |
Shareholding
The shareholding of Optigrise Technology Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Optigrise Technology Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2021 | 100456081 | Axis Bank Limited | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Optigrise Technology Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Optigrise Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Optigrise Technology Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCO6365P1ZY | Tamil Nadu | Active | 05 Apr 2018 |
To see the full GST registrations and return filing status of Optigrise Technology Solutions Private Limited, buy the company report.
Recent activity
Optigrise Technology Solutions Private Limited has 10 board changes on record since 2018: 6 appointments and 4 cessations. The latest: Chandrasekaran Rajeshkanna G V ceased to be Director on 15 Dec 2018.
AGM
Optigrise Technology Solutions Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.
Filing
Optigrise Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100456081 was registered on 29 Jun 2021.
Ceased
Chandrasekaran Rajeshkanna G V ceased to be Director.
Ceased
Pawankumar Abhishek ceased to be Director.
Ceased
Vaideeswaran Sudhakar ceased to be Director.
Appointed
Lalitha Vijayavenkatraghavan was appointed as Director.
Ceased
Parthasarathy Pradeep ceased to be Additional Director.
Appointed
Magesh was appointed as Director.
Appointed
Parthasarathy Pradeep was appointed as Additional Director.
Appointed
Chandrasekaran Rajeshkanna G V was appointed as Director.
Appointed
Pawankumar Abhishek was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Optigrise Technology Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 January 2018 (8+ years old) and is registered under CIN U72900TN2018PTC120657.
Optigrise Technology Solutions has 2 current directors:
- Magesh - Director
- Lalitha Vijayavenkatraghavan - Director
The latest financial statements of Optigrise Technology Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Optigrise Technology Solutions is 33AACCO6365P1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Optigrise Technology Solutions is U72900TN2018PTC120657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Optigrise Technology Solutions was incorporated on 25 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Optigrise Technology Solutions by revenue are Endivite Technologies Private Limited, Techgenic Solutions Private Limited, Amstech Incorporation Private Limited, Tepros Services Private Limited, Appchromatics (OPC) Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Chandrasekaran Rajeshkanna G V ceased to be Director on 15 Dec 2018. Pawankumar Abhishek ceased to be Director on 15 Dec 2018. Vaideeswaran Sudhakar ceased to be Director on 15 Dec 2018. Optigrise Technology Solutions has 10 board changes on record in total.
Yes, Optigrise Technology Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0062625).
Optigrise Technology Solutions can be reached through the website optigrise.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Optigrise Technology Solutions is at Rmz Milleia Business Park Campus 1A No 143, Dr.M.G.R Road North Veeranam Salai Perugudi Sholiganallur, Chennai, Tamil Nadu, India – 600096.