- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0008259

About Sub-K Impact Solutions Limited
Data last updated:
Sub-K Impact Solutions Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 02 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2010PLC069785. Its GSTIN is 36AAECB2566M1ZE (Telangana). The company holds 26 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.75 Cr. It was formerly known as Sub-K Igrowth Services Limited and Basix Sub-K Itransactions Limited. It is led by directors including Mahesh Kanumury and Sattaiah Devarakonda.
Its last annual general meeting (AGM) was held on 30 July 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 2023, the company reported a revenue of ₹78.6 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹26.67 Cr (net margin -33.9%) and EBITDA of -₹20.98 Cr (EBITDA margin -26.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company has about 124 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Sub-K. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹16.85 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 4 filed against it; 4 cases are pending. The company has 24 deals on record (15 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹157.61 Cr; the latest was in March 2020. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier.
Sub-K Impact Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0008259). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website subk.co.in.
Company details
Name history
Sub-K Impact Solutions has undergone 3 name changes throughout its history. The company was previously known as Sub-K Igrowth Services Limited, Basix Sub-K Itransactions Limited, and Sub-K Impact Solutions Limited. The current legal name is Sub-K Impact Solutions Limited.
| Company Name | Status |
|---|---|
| Sub-K Impact Solutions Limited | Current |
| Sub-K Igrowth Services Limited | Previous |
| Basix Sub-K Itransactions Limited | Previous |
CIN history
Sub-K Impact Solutions has one previous CIN (Corporate Identification Number): U74999AP2010PLC069785. The current CIN is U74999TG2010PLC069785, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG2010PLC069785 | Current |
| U74999AP2010PLC069785 | Previous |
Recognitions & Rankings of Sub-K Impact Solutions
Contact details
Sub-K Impact Solutions Limited's registered office is in Hyderabad, Telangana. Its website is subk.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Surabhi Arcade Troop Bazar Bank Street, Koti, Hyderabad, Telangana, India – 500001
- IndustryInternet, Online Financial Services
To see the full contact details of Sub-K Impact Solutions 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
Sub-K Impact Solutions operates one associated brand: Sub-K. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital financial services for underserved populations | subk.co.in |
Business activity
The main business activity of Sub-K Impact Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Sub-K Impact Solutions Limited, buy the company report.
Financials of Sub-K Impact Solutions Limited
FY 2024 filings availableSub-K Impact Solutions Limited reported revenue of ₹78.6 Cr (down 22% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 9% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹20.98 Cr | ||||
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| Net Profit (PAT) | -₹26.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.7% | ||||
| Net Profit Margin | -33.9% | ||||
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To see the full financial statements and ratios of Sub-K Impact Solutions Limited, buy the company report.
Board of directors of Sub-K Impact Solutions Limited
Sub-K Impact Solutions has 7 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kanumury Also directs: Blacksoil Capital Private Limited | Director | 10 Jun 2011 | 15 Years 5 Months | Current |
| Sattaiah Devarakonda Also directs: Indian Grameen Services, Basix Krishi Samruddhi Limited, Basix Livelihood Support Services Limited and 4 more | Director | 01 Jul 2012 | 14 Years 4 Months | Current |
| Swati Bhargava Desai Also directs: Indian Grameen Services | Director | 20 May 2016 | 10 Years 5 Months | Current |
| Arvind Kodikal | Nominee Director | 01 Oct 2021 | 5 Years 1 Months | Current |
| Swaminathan Viswanathan | Director | 16 Jul 2022 | 4 Years 3 Months | Current |
| Lise Lindback Also directs: Light Microfinance Private Limited, Light Capital Private Limited | Nominee Director | 01 Mar 2023 | 3 Years 8 Months | Current |
Auditor
Sub-K Impact Solutions Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Sub-K Impact Solutions Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sub-K Impact Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2019 | 100312978 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 09 Jul 2015 | 10580607 | Others | ₹8 Cr | Satisfied | |
| 17 Jul 2014 | 10511519 | Others | ₹8 Cr | Satisfied | |
| 06 Jan 2012 | 10333250 | Ing Vysya Bank Limited | ₹15 Lakh | Satisfied | |
| 19 Oct 2011 | 10315506 | Axis Bank Limited | ₹55 Lakh | Satisfied |
To see the full charge records of Sub-K Impact Solutions Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Sub-K Impact Solutions Limited has 24 deals on record (15 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹157.61 Cr; the latest was in March 2020.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: RBL Bank Limited Seller: Ecl Finance Limited |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: Ecl Finance Limited Seller: Bhartiya Samruddhi Investments and Consulting Services Limited |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Intellectual Capital Advisory Services Private Limited Seller: Bhartiya Samruddhi Investments and Consulting Services Limited |
| Mar 2011 | Funding round · Seed | ₹10.39 Cr | Investors: Bhartiya Samruddhi Investments and Consulting Services Limited , Michael & Susan Dell Foundation, 2 individuals |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bhartiya Samruddhi Investments and Consulting Services Limited |
To see the full deal history of Sub-K Impact Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sub-K Impact Solutions Limited has 8 court cases on record: 5 filed by Sub-K Impact Solutions, 4 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 3 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Reliance Commercial Finance Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Reliance Commercial Finance Limited. | Pending |
| High Court, MAHARASHTRA | Court case (COMEX) | Filed by the company against Reliance Commercial Finance Limited | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by Sub K Impact Solutions Limited | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Sub K Impact Solutions Limited and 3 others | Disposed |
To see the full case history of Sub-K Impact Solutions 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.
Credit ratings & regulatory alerts
Sub-K Impact Solutions Limited was last rated by Icra on 25 Jun 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Jun 2018 |
To see the full credit ratings and regulatory alerts of Sub-K Impact Solutions Limited, buy the company report.
MSME payment delays
Sub-K Impact Solutions Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jayam Solutions Private Limited |
To see the full MSME payment records of Sub-K Impact Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sub-K Impact Solutions has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sub-K Impact Finance Private Limited | U65990TG2020PTC138141 |
To see the full group structure of Sub-K Impact Solutions Limited, buy the company report.
Employees & EPFO
Sub-K Impact Solutions Limited has a workforce of 124 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 124 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sub-K Impact Solutions Limited, buy the company report.
GST
Sub-K Impact Solutions has 26 GST registrations: 23 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECB2566M1ZE | Telangana | Active | 01 Jul 2017 |
| 09AAECB2566M1ZB | Uttar Pradesh | Active | 01 Jul 2017 |
| 21AAECB2566M1ZP | Odisha | Active | 01 Jul 2017 |
| 27AAECB2566M1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sub-K Impact Solutions Limited, buy the company report.
Recent activity
Sub-K Impact Solutions Limited has 47 board changes on record since 2010: 27 appointments and 20 cessations. The latest: Jitender Kalwani ceased to be Company Secretary on 31 Aug 2025.
53 earlier events are in the company report.
News
Frequently asked questions
Sub-K Impact Solutions is an active public limited company based in Hyderabad, Telangana, India. The company works in online financial services, within the internet industry. It was incorporated on 02 August 2010 (16+ years old) and is registered under CIN U74999TG2010PLC069785.
Sub-K Impact Solutions has 7 current directors:
- Mahesh Kanumury - Director
- Sattaiah Devarakonda - Director
- Swati Bhargava Desai - Director
- Arvind Kodikal - Nominee Director
- Swaminathan Viswanathan - Director
- Lise Lindback - Nominee Director
- Karina Isabel Alva Alfaro - Nominee Director
The latest financial statements of Sub-K Impact Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sub-K Impact Solutions is 36AAECB2566M1ZE, registered in Telangana. The company has 26 GST registrations in all, of which 23 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAECB2566M1ZB (Uttar Pradesh), 21AAECB2566M1ZP (Odisha), 27AAECB2566M1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Sub-K Impact Solutions is U74999TG2010PLC069785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sub-K Impact Solutions has 8 court cases on record: 5 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Sub-K Impact Solutions was incorporated on 02 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sub-K Impact Solutions has 24 deals on record (15 secondary share transfers, 8 funding rounds, 1 rights issue), with disclosed funding of ₹157.61 Cr; the latest was in March 2020.
Jitender Kalwani ceased to be Company Secretary on 31 Aug 2025. Sasidhar Narasimha Thumuluri ceased to be Managing Director on 30 Jun 2025. David Arturo Paradiso ceased to be Nominee Director on 03 Nov 2023. Sub-K Impact Solutions has 47 board changes on record in total.
Yes, Sub-K Impact Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0008259).
Sub-K Impact Solutions has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Oct 2023.

