Sun ITES Consulting Private Limited
About Sun ITES Consulting Private Limited
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Sun ITES Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC053854. Its GSTIN is 29AAPCS1453D1Z8 (Karnataka).
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors including Ritheesh Shetty Vishwanatha (Managing Director) and Bangalore Sharanappa Usha.
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 2025, the company reported a revenue of ₹2.24 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.98 Lakh (net margin 1.8%) and EBITDA of ₹15.56 Lakh (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 34% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sun ITES Consulting Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address#212 B 2nd Floor Ramanashree Arcade, 18 Mg Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sun ITES Consulting 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
Business activity
The main business activity of Sun ITES Consulting 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 Sun ITES Consulting Private Limited, buy the company report.
Financials of Sun ITES Consulting Private Limited
FY 2024 filings availableSun ITES Consulting Private Limited reported revenue of ₹2.24 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 20% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.56 Lakh | ||||
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| Net Profit (PAT) | ₹3.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Sun ITES Consulting Private Limited, buy the company report.
Board of directors of Sun ITES Consulting Private Limited
Sun ITES Consulting has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bangalore Sharanappa Usha | Director | 07 Jun 2024 | 2 Years 4 Months | Current |
| Thirthesh Hanumantha | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
| Ritheesh Shetty Vishwanatha | Managing Director | 31 May 2010 | 16 Years 4 Months | Current |
Peer comparison
Sun ITES Consulting Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with 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 |
|---|---|---|---|---|---|---|
| Sambhav Innovative Ventures Private Limited | ₹2.25 Cr (FY 2025) | 56.0% | Bangalore, Karnataka, India | |||
| Raksan Consulting Private Limited | ₹2.24 Cr (FY 2016) | -49.0% | Hyderabad, Telangana, India | |||
| Sun ITES Consulting Private Limitedthis company | ₹2.24 Cr (FY 2025) | ₹3.98 Lakh | 1.8% | 20.0% | Bangalore, Karnataka, India | |
| Ortmor Technology Agency Private Limited | ₹2.24 Cr (FY 2024) | 310.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Sun ITES Consulting Private Limited, buy the company report.
Auditor
Sun ITES Consulting Private Limited is audited by R A N D and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A N D and Co | FY 2023 | 010227S |
Shareholding
The shareholding of Sun ITES Consulting Private 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Sun ITES Consulting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2025 | 101043078 | Others | ₹11.4 Lakh | Open | |
| 07 Oct 2017 | 100132547 | Others | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sun ITES Consulting 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 Sun ITES Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sun ITES Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS1453D1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sun ITES Consulting Private Limited, buy the company report.
Recent activity
Sun ITES Consulting Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Malathi Anand ceased to be Whole-Time Director on 08 Jun 2024.
Frequently asked questions
Sun ITES Consulting 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 31 May 2010 (16+ years old) and is registered under CIN U72200KA2010PTC053854.
Sun ITES Consulting has 3 current directors:
- Ritheesh Shetty Vishwanatha - Managing Director
- Bangalore Sharanappa Usha - Director
- Thirthesh Hanumantha - Director
The latest financial statements of Sun ITES Consulting 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 2015 are in the company report.
The GSTIN of Sun ITES Consulting is 29AAPCS1453D1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Sun ITES Consulting is U72200KA2010PTC053854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sun ITES Consulting was incorporated on 31 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sun ITES Consulting by revenue are Sambhav Innovative Ventures Private Limited, Raksan Consulting Private Limited, Ortmor Technology Agency Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Malathi Anand ceased to be Whole-Time Director on 08 Jun 2024. Bangalore Sharanappa Usha was appointed as Director on 07 Jun 2024. Thirthesh Hanumantha ceased to be Director on 25 Oct 2018. Sun ITES Consulting has 6 board changes on record in total.
The registered office of Sun ITES Consulting is at #212 B 2nd Floor Ramanashree Arcade, 18 Mg Road, Bangalore, Karnataka, India – 560001.
Sun ITES Consulting operates in the information technology industry, in the IT consulting and support services segment.
Sun ITES Consulting has open charges of ₹41.4 Lakh and no satisfied charges on record as per latest MCA filings.