About Simpragma Solutions Private Limited
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Simpragma Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC062329. Its GSTIN is 29AARCS0170K1ZV (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manjunath Mallappa Hanasi (Managing Director) and Ankush Keshavrao Deshpande (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #25 5th Cross M. R. Garden Vishwanatha Nagenahalli Hebbal, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.68 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹47,609 (net margin -0.1%) and EBITDA of ₹18.41 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Simpragma. As per MCA filings, the company has open charges of ₹70.75 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simpragma.com.
Company details
Contact details
Simpragma Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is simpragma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address#25 5th Cross M. R. Garden Vishwanatha Nagenahalli Hebbal, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Simpragma 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
Simpragma Solutions operates one associated brand: Simpragma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers expert cloud, web application, and consulting services for businesses. | simpragma.com |
Business activity
The main business activity of Simpragma 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 Simpragma Solutions Private Limited, buy the company report.
Financials of Simpragma Solutions Private Limited
FY 2025 filings availableSimpragma Solutions Private Limited reported revenue of ₹4.68 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 37% 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 | ₹18.41 Lakh | ||||
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| Net Profit (PAT) | -₹47,609 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Simpragma Solutions Private Limited, buy the company report.
Board of directors of Simpragma Solutions Private Limited
Simpragma Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Mallappa Hanasi | Managing Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Ankush Keshavrao Deshpande Also directs: Mystreet Online Solutions Private Limited | Managing Director | 01 Feb 2012 | 14 Years 9 Months | Current |
| Harsha Kumar Shetty Also directs: Mystreet Online Solutions Private Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Simpragma Solutions Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Raysearch India Private Limited | ₹4.69 Cr (FY 2024) | 163.0% | New Delhi, Delhi, India | |||
| Orgate Automation Private Limited | ₹4.69 Cr (FY 2025) | 60.0% | Pune, Maharashtra, India | |||
| Neo Quest Private Limited | ₹4.68 Cr (FY 2025) | 32.0% | Noida, Uttar Pradesh, India | |||
| Ayraa Labs India Private Limited | ₹4.68 Cr (FY 2024) | -17.0% | Mumbai, Maharashtra, India | |||
| Simpragma Solutions Private Limitedthis company | ₹4.68 Cr (FY 2024) | -₹47,609 | -0.1% | -28.0% | 41 | Bangalore, Karnataka, India |
| Olax Pharma Labs Private Limited | ₹4.67 Cr (FY 2025) | 61.0% | Siddipet, Telangana, India | |||
| Conversations Mantra Private Limited | ₹4.67 Cr (FY 2024) | 42.0% | New Delhi, Delhi, India | |||
| Gateb Services Private Limited | ₹4.67 Cr (FY 2024) | 15.0% | Delhi, India |
To see the full peer comparison of Simpragma Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Simpragma Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Simpragma Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2020 | 100339824 | Others | ₹10.75 Lakh | Open | |
| 27 Jan 2020 | 100318371 | Axis Bank Limited | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Simpragma Solutions Private Limited has 1 court case on record: 1 filed by Simpragma Solutions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Simpragma Solutions Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Simpragma Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Simpragma Solutions Private Limited has a workforce of 41 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Simpragma Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS0170K1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Simpragma Solutions Private Limited, buy the company report.
Recent activity
Simpragma Solutions Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Harsha Kumar Shetty was appointed as Director on 01 Apr 2024.
Frequently asked questions
Simpragma Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 February 2012 (14+ years old) and is registered under CIN U72200KA2012PTC062329.
Simpragma Solutions has 3 current directors:
- Manjunath Mallappa Hanasi - Managing Director
- Ankush Keshavrao Deshpande - Managing Director
- Harsha Kumar Shetty - Director
The latest financial statements of Simpragma Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Simpragma Solutions is 29AARCS0170K1ZV, 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 Simpragma Solutions is U72200KA2012PTC062329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpragma Solutions has 1 court case on record: 1 filed by the company.
Simpragma Solutions was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Simpragma Solutions by revenue are Raysearch India Private Limited, Orgate Automation Private Limited, Neo Quest Private Limited, Ayraa Labs India Private Limited, Olax Pharma Labs Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Harsha Kumar Shetty was appointed as Director on 01 Apr 2024. Prashanth Desai ceased to be Director on 03 Jan 2020. Prashanth Desai was appointed as Director on 29 Feb 2012. Simpragma Solutions has 5 board changes on record in total.
Simpragma Solutions can be reached through the website simpragma.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Simpragma Solutions is at #25 5th Cross M. R. Garden Vishwanatha Nagenahalli Hebbal, Bangalore, Karnataka, India – 560032.
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