MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0025298
Phoenix IT Consultants Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.19 Cr
▼ 10% YoY
Net loss · FY 2024
₹13.49 Lakh
Net margin -6.2%
EBITDA · FY 2024
₹6.77 Lakh
EBITDA margin 3.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹32.5 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
28
Provident fund records
Directors on board
2
As per MCA filings
About Phoenix IT Consultants Private Limited
Data last updated:
Phoenix IT Consultants Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2010PTC053352. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹32.5 Lakh. It was formerly known as Phoenix It and Outsourcing Private Limited and Phoenix Software and Outsourcing Private Limited. It is led by directors Somashekar Naidu and Pavaluri Prema Shekar.
Its last annual general meeting (AGM) was held on 27 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.1 Navaratna Garden Doddakalasandra Kanakapura Road, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.19 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹13.49 Lakh (net margin -6.2%) and EBITDA of ₹6.77 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phoenix Human Capital. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Phoenix IT Consultants Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0025298). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixconsultants.co.
Company details
CIN U72100KA2010PTC053352
Registration Number 053352
Incorporation Date 22 April 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 January 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0025298
Name history
Phoenix IT Consultants has undergone 4 name changes throughout its history. The current legal name is Phoenix It Consultants Private Limited.
| Company Name | Status |
|---|---|
| Phoenix IT Consultants Private Limited | Current |
| Phoenix It And Outsourcing Private Limited | Previous |
| Phoenix Software And Outsourcing Private Limited | Previous |
| Phoenix Human Capital Private Limited | Previous |
| Manomay Marketing Services Private Limited | Previous |
CIN history
Phoenix IT Consultants has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100KA2010PTC053352, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA2010PTC053352 | Current |
| U74910KA2010PTC053352 | Previous |
| U74130KA2010PTC053352 | Previous |
Recognitions & Rankings of Phoenix IT Consultants
Contact details
Phoenix IT Consultants Private Limited's registered office is in Bangalore, Karnataka. Its website is phoenixconsultants.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1 Navaratna Garden Doddakalasandra Kanakapura Road, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Phoenix IT Consultants Private Limited, buy the company report.
Comprehensive company report
Phoenix IT Consultants 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
Brands
Phoenix IT Consultants operates one associated brand: Phoenix Human Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting firm providing recruitment, outsourcing, and software development solutions. | phoenixconsultants.co |
Business activity
The main business activity of Phoenix IT Consultants is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Phoenix IT Consultants Private Limited, buy the company report.
Financials of Phoenix IT Consultants Private Limited
FY 2024 filings availablePhoenix IT Consultants Private Limited reported revenue of ₹2.19 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹2.19 Cr ▼ 10%
Net loss · FY 2024
₹13.49 Lakh margin -6.2%
EBITDA · FY 2024
₹6.77 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 12%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 14%
5 years · compounded
▼ 17%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 78% 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 | ₹6.77 Lakh | ||||
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| Net Profit (PAT) | -₹13.49 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 | 3.1% | ||||
| Net Profit Margin | -6.2% | ||||
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To see the full financial statements and ratios of Phoenix IT Consultants Private Limited, buy the company report.
Board of directors of Phoenix IT Consultants Private Limited
Phoenix IT Consultants 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 |
|---|---|---|---|---|
| Somashekar Naidu Also directs: Phoenix Recycling Private Limited | Director | 12 Aug 2013 | 13 Years 2 Months | Current |
| Pavaluri Prema Shekar Also directs: Phoenix Recycling Private Limited | Director | 12 Aug 2013 | 13 Years 2 Months | Current |
Auditor
Phoenix IT Consultants Private Limited is audited by H S JAGADEESH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H S JAGADEESH ASSOCIATES | FY 2023 | 203496 |
Shareholding
The shareholding of Phoenix IT Consultants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Phoenix IT Consultants Private Limited, buy the company report.
Legal cases
Phoenix IT Consultants Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kisetsu Saison Finnance India Private Limited | Disposed |
To see the full case history of Phoenix IT Consultants Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phoenix IT Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phoenix IT Consultants Private Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
27.27%
GST
Phoenix IT Consultants has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Phoenix IT Consultants Private Limited, buy the company report.
Recent activity
Phoenix IT Consultants Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Pavaluri Prema Shekar ceased to be Additional Director on 30 Sep 2013.
AGM
Phoenix It Consultants Private Limited last Annual general meeting of members was held on 27 Jan 2025 as per latest MCA records.
Filing
Phoenix It Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Pavaluri Prema Shekar ceased to be Additional Director.
Ceased
Somashekar Naidu ceased to be Additional Director.
Ceased
Hemant Kumar Mital ceased to be Director.
Ceased
Leena Mital ceased to be Director.
Appointed
Pavaluri Prema Shekar was appointed as Director.
Appointed
Somashekar Naidu was appointed as Director.
Incorporation
22 Apr 2010
Phoenix It Consultants Private Limited was registered on 22 Apr 2010 with Roc Bangalore & aged 16 years 6 months as per MCA records.
Frequently asked questions
Phoenix IT Consultants is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 April 2010 (16+ years old) and is registered under CIN U72100KA2010PTC053352.
Phoenix IT Consultants has 2 current directors:
- Somashekar Naidu - Director
- Pavaluri Prema Shekar - Director
The latest financial statements of Phoenix IT Consultants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 January 2025. Year-wise statements from 2015 are in the company report.
No. Phoenix IT Consultants has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Phoenix IT Consultants is U72100KA2010PTC053352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix IT Consultants has 3 court cases on record: 3 filed against it. 2 are pending.
Phoenix IT Consultants was incorporated on 22 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Pavaluri Prema Shekar ceased to be Additional Director on 30 Sep 2013. Somashekar Naidu ceased to be Additional Director on 30 Sep 2013. Hemant Kumar Mital ceased to be Director on 19 Aug 2013. Phoenix IT Consultants has 6 board changes on record in total.
Yes, Phoenix IT Consultants is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0025298).
Phoenix IT Consultants can be reached through the website phoenixconsultants.co. Its registered office is in Bangalore, Karnataka, India.