
About Satyaki Solutions Private Limited
Data last updated:
Satyaki Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC126575. Its GSTIN is 29ABCCS4134P1ZU (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Venkatesh Yeluguresh Sulebhavi and Akshata Sharma.
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 538/34 B O & O H B C Society Narayananagar Doodakallasandra, Bengaluru, Karnataka, India – 560062.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.06 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹12.99 Lakh (net margin -32.4%) and EBITDA of -₹10.09 Lakh (EBITDA margin -25.2%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satyaki.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyaki.co.in.
Company details
Recognitions & Rankings of Satyaki Solutions
Contact details
Satyaki Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is satyaki.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address538/34 B O & O H B C Society Narayananagar Doodakallasandra, Bengaluru, Karnataka, India – 560062
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Satyaki Solutions 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
Brands
Satyaki Solutions operates one associated brand: Satyaki. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI/ML, fintech, SaaS, and full stack development services globally. | satyaki.co.in |
Business activity
The main business activity of Satyaki Solutions 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 Satyaki Solutions Private Limited, buy the company report.
Financials of Satyaki Solutions Private Limited
FY 2024 filings availableSatyaki Solutions Private Limited reported revenue of ₹40.06 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 90%. EBITDA rose 31% 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 |
|---|---|---|---|---|---|
| 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 | -₹10.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.99 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.2% | ||||
| Net Profit Margin | -32.4% | ||||
| 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 Satyaki Solutions Private Limited, buy the company report.
Board of directors of Satyaki Solutions Private Limited
Satyaki Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Yeluguresh Sulebhavi | Director | 26 Jul 2019 | 7 Years 2 Months | Current |
| Akshata Sharma | Director | 26 Jul 2019 | 7 Years 2 Months | Current |
| Vaishnavi Venkatesh Sulebhavi | Director | 21 Feb 2023 | 3 Years 8 Months | Current |
| Bhavya Malluvaiah Also directs: Thinkphi Services LLP, Stambha Tech Services Private Limited | Additional Director | 01 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Satyaki Solutions Private Limited is audited by Shrikrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shrikrishna and Co | FY 2023 | 017977S |
Shareholding
The shareholding of Satyaki Solutions 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 Satyaki Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Satyaki Solutions 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 Satyaki Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satyaki Solutions Private Limited has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Satyaki Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS4134P1ZU | Karnataka | Active | 12 Aug 2019 |
To see the full GST registrations and return filing status of Satyaki Solutions Private Limited, buy the company report.
Recent activity
Satyaki Solutions Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Bhavya Malluvaiah ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Satyaki Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 July 2019 (7+ years old) and is registered under CIN U72900KA2019PTC126575.
Satyaki Solutions has 4 current directors:
- Venkatesh Yeluguresh Sulebhavi - Director
- Akshata Sharma - Director
- Vaishnavi Venkatesh Sulebhavi - Director
- Bhavya Malluvaiah - Additional Director
The latest financial statements of Satyaki Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Satyaki Solutions is 29ABCCS4134P1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Satyaki Solutions is U72900KA2019PTC126575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyaki Solutions was incorporated on 26 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhavya Malluvaiah ceased to be Additional Director on 29 Sep 2023. Vaishnavi Venkatesh Sulebhavi ceased to be Additional Director on 29 Sep 2023. Vaishnavi Venkatesh Sulebhavi was appointed as Director on 21 Feb 2023. Satyaki Solutions has 6 board changes on record in total.
Yes, Satyaki Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Satyaki Solutions can be reached through the website satyaki.co.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Satyaki Solutions is at 53834 B O & O H B C Society Narayananagar Doodakallasandra, Bengaluru, Karnataka, India – 560062.