Psag IT India Private Limited
About Psag IT India Private Limited
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Psag IT India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2019PTC358381. Its GSTIN is 07AAKCP9110F1ZG (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹60,000. It is led by directors including Ginni Soni and Sachin Nagi.
Its last annual general meeting (AGM) was held on 19 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at W 16 Upper Ground Floor, Rajouri Garden, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.66 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹6.74 Lakh (net margin 0.9%) and EBITDA of ₹28.28 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Company details
Contact details
Psag IT India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressW 16 Upper Ground Floor, Rajouri Garden, New Delhi, Delhi, India – 110027
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Psag IT India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Psag IT India 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 Psag IT India Private Limited, buy the company report.
Financials of Psag IT India Private Limited
FY 2024 filings availablePsag IT India Private Limited reported revenue of ₹7.66 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 22% growth in the latest year. EBITDA rose 58% 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 | ₹28.28 Lakh | ||||
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| Net Profit (PAT) | ₹6.74 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 | 3.7% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Psag IT India Private Limited, buy the company report.
Board of directors of Psag IT India Private Limited
Psag IT India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ginni Soni Also directs: Psag Technologies LLP, Solfi IT India Private Limited | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
| Sachin Nagi Also directs: Psag Technologies LLP, Solfi IT India Private Limited | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
| Kishor Nagi Also directs: Solfi IT India Private Limited | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Psag IT India Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Enjay I.T. Solutions Limited | ₹7.67 Cr (FY 2024) | 6.0% | Umargam, Gujarat, India | |||
| Sellmetric Private Limited | ₹7.67 Cr (FY 2024) | 56.0% | Bangalore, Karnataka, India | |||
| Psag IT India Private Limitedthis company | ₹7.66 Cr (FY 2024) | ₹6.74 Lakh | 0.9% | 22.0% | 22 | New Delhi, Delhi, India |
| Cloudsphere India Private Limited | ₹7.66 Cr (FY 2024) | -32.0% | New Delhi, Delhi, India | |||
| Eruna Technologies India Private Limited | ₹7.66 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Wise Leap Technologies Private Limited | ₹7.65 Cr (FY 2023) | 26.0% | Bangalore, Karnataka, India | |||
| Cloudify Technologies Private Limited | ₹7.64 Cr (FY 2024) | 786.0% | Hosur, Tamil Nadu, India |
To see the full peer comparison of Psag IT India Private Limited, buy the company report.
Auditor
Psag IT India Private Limited is audited by SHIVAM GOYAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVAM GOYAL AND ASSOCIATES | FY 2023 | 0036116N |
Shareholding
The shareholding of Psag IT India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Psag IT India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2022 | 100562150 | Hdfc Bank Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Psag IT India 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 Psag IT India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Psag IT India Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Psag IT India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCP9110F1ZG | Delhi | Active | 07 Jan 2020 |
| 09AAKCP9110F1ZC | Uttar Pradesh | Active | 04 Apr 2022 |
To see the full GST registrations and return filing status of Psag IT India Private Limited, buy the company report.
Recent activity
Psag IT India Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ginni Soni was appointed as Director on 04 Dec 2019.
Frequently asked questions
Psag IT India is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 December 2019 (7+ years old) and is registered under CIN U72900DL2019PTC358381.
Psag IT India has 3 current directors:
- Ginni Soni - Director
- Sachin Nagi - Director
- Kishor Nagi - Director
The latest financial statements of Psag IT India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 October 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Psag IT India is 07AAKCP9110F1ZG, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAKCP9110F1ZC (Uttar Pradesh).
The CIN (Corporate Identification Number) of Psag IT India is U72900DL2019PTC358381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Psag IT India was incorporated on 04 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Psag IT India by revenue are Enjay I.T. Solutions Limited, Sellmetric Private Limited, Cloudsphere India Private Limited, Eruna Technologies India Private Limited, Wise Leap Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ginni Soni was appointed as Director on 04 Dec 2019. Kishor Nagi was appointed as Director on 04 Dec 2019. Sachin Nagi was appointed as Director on 04 Dec 2019.
The registered office of Psag IT India is at W 16 Upper Ground Floor, Rajouri Garden, New Delhi, Delhi, India – 110027.
Psag IT India operates in the information technology industry, in the IT consulting and support services segment.
Psag IT India has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.
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