Purchasing Power IT & Business Solutions India LLP
About Purchasing Power IT & Business Solutions India LLP
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Purchasing Power IT & Business Solutions India LLP is a limited liability partnership (LLP) based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Chennai, under LLPIN AAR-2754. Its GSTIN is 33AAYFP2445E1Z3 (Tamil Nadu).
The LLP has a total obligation of contribution of ₹4.61 Cr. It is led by designated partners including Ronald David Oertell and Prakash Kumar Muthukrishnan.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Block – 7 First Floor DLF Infocity Chennai Limited, Manapakkam, Tamil Nadu, India – 600089.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹35.98 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹6.6 Cr (net margin 18.3%) and EBITDA of ₹7.51 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 224% over three years.
The LLP has about 117 employees on its provident fund (EPFO) records.
Company details
Contact details
Purchasing Power IT & Business Solutions India LLP's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressBlock – 7 First Floor DLF Infocity Chennai Limited, Manapakkam, Tamil Nadu, India – 600089
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Purchasing Power IT & Business Solutions India LLP, 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
Financials of Purchasing Power IT & Business Solutions India LLP
FY 2025 filings availablePurchasing Power IT & Business Solutions India LLP reported revenue of ₹35.98 Cr (up 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 224% over three years, including 50% growth in the latest year. EBITDA rose 108% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit After Tax | ₹6.6 Cr | |||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| Net Profit Margin | 18.3% | |||
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To see the full financial statements and ratios of Purchasing Power IT & Business Solutions India LLP, buy the company report.
Designated partners of Purchasing Power IT & Business Solutions India LLP
Purchasing Power IT & Business Solutions India has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ronald David Oertell | Designated Partner | 04 Mar 2021 | 5 Years 7 Months | Current |
| Prakash Kumar Muthukrishnan | Designated Partner | 11 Dec 2019 | 6 Years 10 Months | Current |
| Vishal Chandrakant Negandhi Also directs: Induscircle Corporate & Trustee Services LLP, Dreamcorn Ventures India LLP, Rhi India Services LLP and 5 more | Designated Partner | 11 Dec 2019 | 6 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Purchasing Power IT & Business Solutions India LLP 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 Purchasing Power IT & Business Solutions India LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Purchasing Power IT & Business Solutions India LLP has a workforce of 117 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Purchasing Power IT & Business Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYFP2445E1Z3 | Tamil Nadu | Active | 12 Feb 2020 |
To see the full GST registrations and return filing status of Purchasing Power IT & Business Solutions India LLP, buy the company report.
Recent activity
Purchasing Power IT & Business Solutions India LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Ronald David Oertell was appointed as Designated Partner on 04 Mar 2021.
Frequently asked questions
Purchasing Power IT & Business Solutions India is an active limited liability partnership based in Chennai, Tamil Nadu, India. The LLP works in application development and software solutions, within the information technology industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under LLPIN AAR-2754.
Purchasing Power IT & Business Solutions India has 3 current designated partners:
- Ronald David Oertell - Designated Partner
- Prakash Kumar Muthukrishnan - Designated Partner
- Vishal Chandrakant Negandhi - Designated Partner
The latest financial statements of Purchasing Power IT & Business Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Purchasing Power IT & Business Solutions India is 33AAYFP2445E1Z3, registered in Tamil Nadu.
The LLPIN (Limited Liability Partnership Identification Number) of Purchasing Power IT & Business Solutions India is AAR-2754. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Purchasing Power IT & Business Solutions India was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Ronald David Oertell was appointed as Designated Partner on 04 Mar 2021. Prakash Kumar Muthukrishnan was appointed as Designated Partner on 11 Dec 2019. Vishal Chandrakant Negandhi was appointed as Designated Partner on 11 Dec 2019.
The registered office of Purchasing Power IT & Business Solutions India is at Block – 7 First Floor DLF Infocity Chennai Limited, Manapakkam, Tamil Nadu, India – 600089.
Purchasing Power IT & Business Solutions India operates in the information technology industry, in the application development and software solutions segment.
Purchasing Power IT & Business Solutions India can be reached at its registered office: Block – 7 First Floor DLF Infocity Chennai Limited, Manapakkam, Tamil Nadu, India – 600089.
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