Piqotech Software Solutions Private Limited

Piqotech Software Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2018PTC122219 Incorporated 19 April 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹2.08 Cr
▲ 78% YoY
Net profit · FY 2024
₹20.9 Lakh
Net margin 10.1%
EBITDA · FY 2024
₹35.33 Lakh
EBITDA margin 17%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Piqotech Software Solutions Private Limited

Data last updated:

Piqotech Software Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC122219. Its GSTIN is 33AAJCP8255C1ZG (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Meyyappan Meenakshi Sundaram and Anantharaman Veeraraghavan.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.4 Sri Devi Street, Perumal Nagar Extension Old Pallavaram Chennai, Tamil Nadu, India – 600117.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.08 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹20.9 Lakh (net margin 10.1%) and EBITDA of ₹35.33 Lakh (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 73% over five years.

The company is associated with 2 brands: Cryotos and PiqoTech.

Piqotech Software Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0225929). For more details, the company can be reached via its website piqotech.com.

Company details

CIN U72900TN2018PTC122219
Registration Number 122219
Incorporation Date 19 April 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0225929

Recognitions & Rankings of Piqotech Software Solutions

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0225929

Contact details

Piqotech Software Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is piqotech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.4 Sri Devi Street, Perumal Nagar Extension Old Pallavaram Chennai, Tamil Nadu, India – 600117
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Piqotech Software Solutions Private Limited, buy the company report.

Comprehensive company report
Piqotech Software 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
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Brands

Piqotech Software Solutions operates two associated brands: Cryotos and PiqoTech. Each brand links to its own profile.

BrandDescriptionWebsite
Provides AI-based computerized maintenance management software for efficient operations.cryotos.com
Provides consulting, implementation, and integration for logistics software.piqotech.com

Business activity

The main business activity of Piqotech Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Piqotech Software Solutions Private Limited, buy the company report.

Financials of Piqotech Software Solutions Private Limited

FY 2025 filings available

Piqotech Software Solutions Private Limited reported revenue of ₹2.08 Cr (up 78% YoY) for FY 2024.

Revenue · FY 2024
₹2.08 Cr ▲ 78%
Net profit · FY 2024
₹20.9 Lakh margin 10.1%
EBITDA · FY 2024
₹35.33 Lakh margin 17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 142%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 130%
3 years · compounded
▲ 142%
5 years · compounded
▲ 90%

Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 78% growth in the latest year. EBITDA rose 130% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹35.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20.9 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin17%
Net Profit Margin10.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Piqotech Software Solutions Private Limited, buy the company report.

Board of directors of Piqotech Software Solutions Private Limited

Piqotech Software Solutions has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Meyyappan Meenakshi SundaramDirector19 Apr 20188 Years 6 MonthsCurrent
Anantharaman VeeraraghavanDirector19 Apr 20188 Years 6 MonthsCurrent
Veerappan GaneshAdditional Director26 Apr 20242 Years 5 MonthsCurrent

Peer comparison

Piqotech Software Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Zodiac Holdings Private Limited₹2.09 Cr (FY 2024)-97.0%New Delhi, Delhi, India
Piqotech Software Solutions Private Limitedthis company₹2.08 Cr (FY 2024)₹20.9 Lakh10.1%78.0%Chennai, Tamil Nadu, India
Livscience Technologies Private Limited₹2.07 Cr (FY 2025)79.0%Bangalore, Karnataka, India
Pascalcase Software Private Limited₹2.06 Cr (FY 2024)57.0%Shankarpally, Telangana, India

To see the full peer comparison of Piqotech Software Solutions Private Limited, buy the company report.

Auditor

Piqotech Software Solutions Private Limited is audited by ALBERT AND ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
ALBERT AND ASSOCIATESFY 2021011743S

Shareholding

The shareholding of Piqotech Software Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Piqotech Software Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Piqotech Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Piqotech Software Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAJCP8255C1ZGTamil NaduActive12 May 2018

To see the full GST registrations and return filing status of Piqotech Software Solutions Private Limited, buy the company report.

Recent activity

Piqotech Software Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Veerappan Ganesh was appointed as Additional Director on 26 Apr 2024.

AGM
Piqotech Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Piqotech Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Veerappan Ganesh was appointed as Additional Director.
Appointed
Anantharaman Veeraraghavan was appointed as Director.
Appointed
Meyyappan Meenakshi Sundaram was appointed as Director.
Incorporation
19 Apr 2018
Piqotech Software Solutions Private Limited was registered on 19 Apr 2018 with Roc Chennai & aged 8 years 6 months as per MCA records.

Frequently asked questions

Piqotech Software Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 April 2018 (8+ years old) and is registered under CIN U72900TN2018PTC122219.

Piqotech Software Solutions has 3 current directors:

The latest financial statements of Piqotech Software Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Piqotech Software Solutions is 33AAJCP8255C1ZG, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Piqotech Software Solutions is U72900TN2018PTC122219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Piqotech Software Solutions was incorporated on 19 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Piqotech Software Solutions by revenue are Zodiac Holdings Private Limited, Livscience Technologies Private Limited, Pascalcase Software Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).

Veerappan Ganesh was appointed as Additional Director on 26 Apr 2024. Anantharaman Veeraraghavan was appointed as Director on 19 Apr 2018. Meyyappan Meenakshi Sundaram was appointed as Director on 19 Apr 2018.

Yes, Piqotech Software Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Piqotech Software Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0225929).

Piqotech Software Solutions can be reached through the website piqotech.com. Its registered office is in Chennai, Tamil Nadu, India.