About Saara IT Solutions Private Limited
Data last updated:
Saara IT Solutions Private Limited is a private limited company based in Karkal, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 02 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC062832. Its GSTIN is 29AARCS0903L1ZW (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.7 Lakh. It is led by directors Karkalabhaskar Keerthan Kumar and Pallavi Kanthamangala Niranjan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shrinivas 2nd Floor Ananthashayana Road, Karkal, Karnataka, India – 574104.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.56 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹21.84 Lakh (net margin -40.8%) and EBITDA of -₹20.16 Lakh (EBITDA margin -37.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saara IT Solutions. As per MCA filings, the company has open charges of ₹6.98 Lakh and satisfied charges of ₹14 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saarasolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShrinivas 2nd Floor Ananthashayana Road, Karkal, Karnataka, India – 574104
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Saara IT Solutions Private Limited
The main business activity of Saara IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saara IT Solutions Private Limited FY 2024 filings available
Saara IT Solutions Private Limited reported revenue of ₹53.56 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saara IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 12% fall in the latest year. EBITDA fell 172% 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 of Saara IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹20.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21.84 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Saara IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -40.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saara IT Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saara IT Solutions Private Limited
Saara IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Logicsense Technologies Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Primasolv India Private Limited | •••• | •••• | •••• | •••• | - | Madhapur, Telangana, India |
| Saitechkart Solutions Private Limited | •••• | •••• | •••• | •••• | - | Venkatagiri, Andhra Pradesh, India |
| Valchain Solutions Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Fortune IT Park Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Saara IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Karkal, Karnataka, India |
| Avaneesh Technosoft Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Sparkling Design and Infotech Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Trifecta Technologies of India Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Bandytech Software Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Citrusleaf Technologies Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Saara IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Saara IT Solutions Private Limited
Saara IT Solutions Private Limited is audited by A.R Hegde & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.R Hegde & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saara IT Solutions Private Limited
Saara IT Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karkalabhaskar Keerthan Kumar | Director | 15 Jan 2022 | 4 Years 8 Months | Current |
| Pallavi Kanthamangala Niranjan | Director | 15 Jan 2022 | 4 Years 8 Months | Current |
Ownership and Shareholding of Saara IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saara IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2021 | Axis Bank Limited | ₹6.98 Lakh | Open |
| 20 Mar 2018 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹6.5 Lakh | Satisfied |
| 07 Dec 2012 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹7.5 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Saara IT Solutions Private Limited
Saara IT Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Saara IT Solutions Private Limited
Saara IT Solutions operates one associated brand: Saara IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for web, mobile, and desktop application development. | saarasolutions.com |
Employees and EPFO Compliance at Saara IT Solutions Private Limited
Saara IT Solutions Private Limited has a workforce of 3 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saara IT Solutions Private Limited
Saara IT Solutions Private Limited has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Karkalabhaskar Keerthan Kumar ceased to be Additional Director on 30 Sep 2022.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Saara IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saara IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saara IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saara IT Solutions Private Limited
Saara IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS0903L1ZW | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saara IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saara IT Solutions Private Limited
Saara IT Solutions is an active private limited company based in Karkal, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 02 March 2012 (14+ years old) and is registered under CIN U72900KA2012PTC062832.
Saara IT Solutions reported revenue of ₹53.56 Lakh for FY 2025 (down 12% YoY).
Saara IT Solutions has 2 current directors:
- Karkalabhaskar Keerthan Kumar - Director
- Pallavi Kanthamangala Niranjan - Director
Saara IT Solutions reported a net loss of ₹21.84 Lakh (net margin -40.8%) and EBITDA of -₹20.16 Lakh (EBITDA margin -37.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saara IT Solutions is -3% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saara IT Solutions is 29AARCS0903L1ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saara IT Solutions is U72900KA2012PTC062832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saara IT Solutions has 1 court case on record: 1 filed against it.
Saara IT Solutions was incorporated on 02 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Saara IT Solutions by revenue are Logicsense Technologies Private Limited, Primasolv India Private Limited, Saitechkart Solutions Private Limited, Valchain Solutions Private Limited, Fortune IT Park Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Karkalabhaskar Keerthan Kumar ceased to be Additional Director on 30 Sep 2022. Pallavi Kanthamangala Niranjan ceased to be Additional Director on 30 Sep 2022. Sulakshana Dinesh Shettigar ceased to be Director on 17 Sep 2022. Saara IT Solutions has 9 board changes on record in total.