Startup India Government of India
Siastek Solutions Private Limited
Siastek Solutions Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
Revenue · FY 2024
₹22.83 Lakh
▼ 37% YoY
Net profit · FY 2024
₹69,285
Net margin 3%
EBITDA · FY 2024
₹69,285
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Siastek Solutions Private Limited
Data last updated:
Siastek Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 17 May 2022.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2022PTC162714.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lakshmi Madhavi Nimishakavi (Managing Director) and Nimisha Kavi Srinivasa Rao.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy.No.12 & 13 Kondapur Hyderabad Rangareddy, Telangana, India – 500084.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.83 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹69,285 (net margin 3%) and EBITDA of ₹69,285 (EBITDA margin 3%).
Company details
CIN U72900TG2022PTC162714
Registration Number 162714
Incorporation Date 17 May 2022
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Siastek Solutions
Contact details
Siastek Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressSy.No.12 & 13 Kondapur Hyderabad Rangareddy, Telangana, India – 500084
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Siastek 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
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Business activity
The main business activity of Siastek Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Siastek Solutions Private Limited, buy the company report.
Financials of Siastek Solutions Private Limited
FY 2024 filings availableSiastek Solutions Private Limited reported revenue of ₹22.83 Lakh (down 37% YoY) for FY 2024.
Revenue · FY 2024
₹22.83 Lakh ▼ 37%
Net profit · FY 2024
₹69,285 margin 3%
EBITDA · FY 2024
₹69,285 margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
EBITDA CAGR growth
1 year
▲ 28%
Revenue fell 37% in the latest year. EBITDA rose 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹69,285 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹69,285 | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3% | |
| Net Profit Margin | 3% | |
| 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 Siastek Solutions Private Limited, buy the company report.
Board of directors of Siastek Solutions Private Limited
Siastek Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimisha Kavi Srinivasa Rao | Director | 17 May 2022 | 4 Years 5 Months | Current |
| Lakshmi Madhavi Nimishakavi | Managing Director | 17 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Siastek Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Big Nano Composites & Research Limited | ₹22.84 Lakh (FY 2019) | 123.0% | Ahmedabad, Gujarat, India | |||
| Redspeed Power Solutions Private Limited | ₹22.84 Lakh (FY 2022) | -41.0% | New Delhi, Delhi, India | |||
| Webcooks Technologies Private Limited | ₹22.83 Lakh (FY 2025) | 17.0% | Amritsar, Punjab, India | |||
| Siastek Solutions Private Limitedthis company | ₹22.83 Lakh (FY 2024) | ₹69,285 | 3% | -37.0% | Hyderabad, Telangana, India | |
| Exagogi Consulting Engineering Private Limited | ₹22.83 Lakh (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Enact Health Private Limited | ₹22.83 Lakh (FY 2024) | -55.0% | Hyderabad, Telangana, India | |||
| Integralio Technology Consulting Private Limited | ₹22.83 Lakh (FY 2025) | -24.0% | Gurgaon, Haryana, India | |||
| Skyinfinity Solutions Private Limited | ₹22.83 Lakh (FY 2023) | Kochi, Kerala, India | ||||
| Srivari Last Mile Solutions Private Limited | ₹22.82 Lakh (FY 2020) | Mumbai, Maharashtra, India |
To see the full peer comparison of Siastek Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Siastek 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 Siastek Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Siastek Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Siastek Solutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Lakshmi Madhavi Nimishakavi was appointed as Managing Director on 17 May 2022.
AGM
Siastek Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Siastek Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Lakshmi Madhavi Nimishakavi was appointed as Managing Director.
Appointed
Nimisha Kavi Srinivasa Rao was appointed as Director.
Incorporation
17 May 2022
Siastek Solutions Private Limited was registered on 17 May 2022 with Roc Hyderabad & aged 4 years 5 months as per MCA records.
Frequently asked questions
Siastek Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 17 May 2022 (4+ years old) and is registered under CIN U72900TG2022PTC162714.
Siastek Solutions has 2 current directors:
- Lakshmi Madhavi Nimishakavi - Managing Director
- Nimisha Kavi Srinivasa Rao - Director
The latest financial statements of Siastek Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Siastek Solutions is U72900TG2022PTC162714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siastek Solutions was incorporated on 17 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Siastek Solutions by revenue are Big Nano Composites & Research Limited, Redspeed Power Solutions Private Limited, Webcooks Technologies Private Limited, Exagogi Consulting Engineering Private Limited, Enact Health Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Lakshmi Madhavi Nimishakavi was appointed as Managing Director on 17 May 2022. Nimisha Kavi Srinivasa Rao was appointed as Director on 17 May 2022.
Yes, Siastek Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Siastek Solutions is at Sy.No.12 & 13 Kondapur Hyderabad Rangareddy, Telangana, India – 500084.
Siastek Solutions operates in the information technology industry, in the other computer related activities segment.
Siastek Solutions can be reached at its registered office: Sy.No.12 & 13 Kondapur Hyderabad Rangareddy, Telangana, India – 500084.