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Shyena Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.24 Cr
▲ 249% YoY
Net profit · FY 2024
₹97.24 Lakh
Net margin 10.5%
EBITDA · FY 2024
₹1.48 Cr
EBITDA margin 16%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.23 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Shyena Solutions Private Limited
Data last updated:
Shyena Solutions Private Limited is a private limited company based in Bangalore, 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 06 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46520KA2020PTC131320. Its GSTIN is 29ABDCS1974L1ZR (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Harini Phaneendra and Kadur Madhavamurthy Srikantha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹97.24 Lakh (net margin 10.5%) and EBITDA of ₹1.48 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years.
The company is associated with 1 brand: Shyena Solutions. As per MCA filings, the company has open charges of ₹1.23 Cr on record.
Shyena Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0064060). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shyena.in.
Company details
CIN U46520KA2020PTC131320
Registration Number 131320
Incorporation Date 06 January 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0064060
CIN history
Shyena Solutions has one previous CIN (Corporate Identification Number): U72900KA2020PTC131320. The current CIN is U46520KA2020PTC131320, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46520KA2020PTC131320 | Current |
| U72900KA2020PTC131320 | Previous |
Recognitions & Rankings of Shyena Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0064060
Contact details
Shyena Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 583 2nd Floor 2nd Main Road 2nd Phase, 6th Block Girinagar Banashankari 3rd Stage, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Shyena Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Shyena Solutions operates one associated brand: Shyena Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers data analytics, AI solutions, consulting, and managed services to businesses. | shyena.in |
Business activity
The main business activity of Shyena 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 Shyena Solutions Private Limited, buy the company report.
Financials of Shyena Solutions Private Limited
FY 2024 filings availableShyena Solutions Private Limited reported revenue of ₹9.24 Cr (up 249% YoY) for FY 2024.
Revenue · FY 2024
₹9.24 Cr ▲ 249%
Net profit · FY 2024
₹97.24 Lakh margin 10.5%
EBITDA · FY 2024
₹1.48 Cr margin 16%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 249%
3 years · compounded
▲ 83%
EBITDA CAGR growth
1 year
▲ 981%
3 years · compounded
▲ 155%
Revenue has grown at a compounded annual rate (CAGR) of 83% over three years, including 249% growth in the latest year. EBITDA rose 981% 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 | ₹1.48 Cr | ||||
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| Net Profit (PAT) | ₹97.24 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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| EBITDA Margin | 16% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Shyena Solutions Private Limited, buy the company report.
Board of directors of Shyena Solutions Private Limited
Shyena Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harini Phaneendra | Director | 06 Jan 2020 | 6 Years 9 Months | Current |
| Kadur Madhavamurthy Srikantha | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Shyena Solutions Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Ideaclicks Infolabs Private Limited | ₹9.27 Cr (FY 2025) | 137.0% | Bangalore, Karnataka, India | |||
| Recap Ventures Private Limited | ₹9.25 Cr (FY 2023) | 132.0% | Chennai, Tamil Nadu, India | |||
| Sun Outsource Consultancy Private Limited | ₹9.25 Cr (FY 2025) | -6.0% | Dehradun, Uttarakhand, India | |||
| Shyena Solutions Private Limitedthis company | ₹9.24 Cr (FY 2024) | ₹97.24 Lakh | 10.5% | 249.0% | Bangalore, Karnataka, India | |
| Him Technology Private Limited | ₹9.24 Cr (FY 2025) | 35.0% | Palampur, Himachal Pradesh, India | |||
| Techlink Infoware Private Limited | ₹9.24 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Ideal IT Techno Private Limited | ₹9.24 Cr (FY 2025) | -8.0% | Indore, Madhya Pradesh, India | |||
| TTF Technologies Private Limited | ₹9.23 Cr (FY 2025) | 34.0% | Chennai, Tamil Nadu, India | |||
| Proziod Analytics Private Limited | ₹9.23 Cr (FY 2024) | -27.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Shyena Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2023 | 100837031 | Sidbi | ₹1.23 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shyena 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 Shyena Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shyena Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDCS1974L1ZR | Karnataka | Active | 25 Feb 2020 |
To see the full GST registrations and return filing status of Shyena Solutions Private Limited, buy the company report.
Recent activity
Shyena Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Kadur Madhavamurthy Srikantha ceased to be Additional Director on 30 Sep 2022.
AGM
Shyena Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shyena Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Sidbi amounted to Rs. 122.72 Lakh with Charge ID 100837031 was registered on 27 Nov 2023.
Ceased
Kadur Madhavamurthy Srikantha ceased to be Additional Director.
Appointed
Kadur Madhavamurthy Srikantha was appointed as Director.
Ceased
Srisha Rajabanderaya ceased to be Director.
Appointed
Harini Phaneendra was appointed as Director.
Incorporation
06 Jan 2020
Shyena Solutions Private Limited was registered on 06 Jan 2020 with Roc Bangalore & aged 6 years 9 months as per MCA records.
Frequently asked questions
Shyena Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 January 2020 (6+ years old) and is registered under CIN U46520KA2020PTC131320.
Shyena Solutions has 2 current directors:
- Harini Phaneendra - Director
- Kadur Madhavamurthy Srikantha - Director
The latest financial statements of Shyena 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 Shyena Solutions is 29ABDCS1974L1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Shyena Solutions is U46520KA2020PTC131320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyena Solutions was incorporated on 06 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shyena Solutions by revenue are Ideaclicks Infolabs Private Limited, Recap Ventures Private Limited, Sun Outsource Consultancy Private Limited, Him Technology Private Limited, Techlink Infoware Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kadur Madhavamurthy Srikantha ceased to be Additional Director on 30 Sep 2022. Kadur Madhavamurthy Srikantha was appointed as Director on 21 Mar 2022. Srisha Rajabanderaya ceased to be Director on 21 Mar 2022. Shyena Solutions has 4 board changes on record in total.
Yes, Shyena Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Shyena Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0064060).
Shyena Solutions can be reached through the website shyena.in. Its registered office is in Bangalore, Karnataka, India.