About Seegate Solutions Private Limited
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Seegate Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51395TG2019PTC132849. Its GSTIN is 36ABCCS0969G1Z7 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rakesh Polavarapu (Managing Director) and Srinivasa Rao Namala.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.72 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Lakh (net margin 3.6%) and EBITDA of ₹24.99 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹95.88 Lakh on record.
For more details, the company can be reached via its website seegatesolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.74 1st Floor Balaji Enclave Sri Sai Nagar, Dr.Reddys Enclave Bk Enclave Maqtha Mahaboobpet Serilingampally, Hyderabad, Telangana, India – 500049
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Seegate Solutions Private Limited
The main business activity of Seegate Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Seegate Solutions Private Limited FY 2024 filings available
Seegate Solutions Private Limited reported revenue of ₹1.72 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Seegate Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 28% growth in the latest year. EBITDA rose 23% 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 Seegate Solutions Private Limited
| 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 | ₹24.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.17 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 of Seegate Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Seegate Solutions are in the company report.
Financial statements from FY 2020
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 Seegate Solutions Private Limited
Seegate Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Energos Technologies Private Limited | ₹1.73 Cr (FY 2025) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Suman Trades Private Limited | ₹1.73 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Surat, Gujarat, India |
| Paix Surveillance Private Limited | ₹1.73 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Bengaluru, Karnataka, India |
| Baseapp Systems and Softwares Private Limited | ₹1.73 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Vasant Kunj New, Delhi, India |
| Network Peripherals and Solutions Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Seegate Solutions Private Limited this company | ₹1.72 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Remaut3d Engineering and Software Services Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Efashtech Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Faridabad, Haryana, India |
| Octave Infotech Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Bangalore, Karnataka, India |
| Ra Retail Services Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Step Automations (India) Private Limited | ₹1.71 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Seegate Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Seegate Solutions Private Limited
Seegate Solutions Private Limited is audited by SAI KUMARPOTHUGANTI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAI KUMARPOTHUGANTI | 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 Seegate Solutions Private Limited
Seegate Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Polavarapu Also directs: Hilite Facilities Private Limited | Managing Director | 22 May 2019 | 7 Years 4 Months | Current |
| Srinivasa Rao Namala Also directs: Hilite Facilities Private Limited | Director | 22 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Seegate 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 Seegate Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2022 | Hdfc Bank Limited | ₹20.31 Lakh | Open |
| 05 Jan 2022 | Hdfc Bank Limited | ₹65 Lakh | Open |
| 23 Oct 2020 | Hdfc Bank Limited | ₹10.57 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Seegate Solutions Private Limited
Seegate Solutions Private Limited has a workforce of 9 employees as of Apr 09, 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 Seegate Solutions Private Limited
Seegate Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Yuva Satya Prakash Nara ceased to be Director on 16 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Seegate 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 Seegate 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 Seegate 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 Seegate Solutions Private Limited
Seegate Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABCCS0969G1Z7 | Telangana | Active | 28 May 2019 |
| 37ABCCS0969G1Z5 | Andhra Pradesh | Active | 11 Jul 2019 |
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 Seegate 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 Seegate Solutions Private Limited
Seegate Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 22 May 2019 (7+ years old) and is registered under CIN U51395TG2019PTC132849.
Seegate Solutions reported revenue of ₹1.72 Cr for FY 2024 (up 28% YoY).
Seegate Solutions has 2 current directors:
- Rakesh Polavarapu - Managing Director
- Srinivasa Rao Namala - Director
Seegate Solutions reported a net profit of ₹6.17 Lakh (net margin 3.6%) and EBITDA of ₹24.99 Lakh (EBITDA margin 14.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Seegate Solutions is 3% over three years. In the latest year (FY 2024) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Seegate Solutions is 36ABCCS0969G1Z7, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37ABCCS0969G1Z5 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Seegate Solutions is U51395TG2019PTC132849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seegate Solutions was incorporated on 22 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Seegate Solutions by revenue are Energos Technologies Private Limited, Suman Trades Private Limited, Paix Surveillance Private Limited, Baseapp Systems and Softwares Private Limited, Network Peripherals and Solutions Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Yuva Satya Prakash Nara ceased to be Director on 16 Feb 2022. Dhana Koteswara Rao Anney ceased to be Director on 21 Dec 2021. Rakesh Polavarapu was appointed as Managing Director on 22 May 2019. Seegate Solutions has 4 board changes on record in total.
Seegate Solutions can be reached through the website seegatesolutions.com. Its registered office is in Hyderabad, Telangana, India.