
Suvarnanudi Ventures Private Limited
About Suvarnanudi Ventures Private Limited
Data last updated:
Suvarnanudi Ventures Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105555. Its GSTIN is 29AAZCS0845F1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Parswanath Sandeep and Kariyaiah Chikkaiah.
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 # 236 11th B Cross 20th Main Jp Nagar 2nd Phase, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹32.79 Lakh (net margin -31.8%) and EBITDA of -₹32.79 Lakh (EBITDA margin -31.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 82% over five years.
Suvarnanudi Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0077397). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Suvarnanudi Ventures
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0077397
Contact details
Suvarnanudi Ventures Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address# 236 11th B Cross 20th Main Jp Nagar 2nd Phase, Bengaluru, Karnataka, India – 560078
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Suvarnanudi Ventures 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 Suvarnanudi Ventures is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Suvarnanudi Ventures Private Limited, buy the company report.
Financials of Suvarnanudi Ventures Private Limited
FY 2025 filings availableSuvarnanudi Ventures Private Limited reported revenue of ₹1.03 Cr (up 182% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years, including 182% growth in the latest year. EBITDA fell 303% 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 | -₹32.79 Lakh | ||||
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| Net Profit (PAT) | -₹32.79 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 | -31.8% | ||||
| Net Profit Margin | -31.8% | ||||
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To see the full financial statements and ratios of Suvarnanudi Ventures Private Limited, buy the company report.
Board of directors of Suvarnanudi Ventures Private Limited
Suvarnanudi Ventures has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parswanath Sandeep Also directs: Jwala Consultancy LLP, Siddahini Farm Product Private Limited, Kushma Bioscience Private Limited and 1 more | Director | 17 Apr 2019 | 7 Years 6 Months | Current |
| Kariyaiah Chikkaiah | Director | 28 Mar 2024 | 2 Years 7 Months | Current |
| Ramu Bhavya Also directs: Jwala Consultancy LLP | Director | 16 Aug 2017 | 9 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Suvarnanudi Ventures 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 Suvarnanudi Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suvarnanudi Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAZCS0845F1ZS | Karnataka | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Suvarnanudi Ventures Private Limited, buy the company report.
Recent activity
Suvarnanudi Ventures Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Kariyaiah Chikkaiah was appointed as Director on 28 Mar 2024.
Frequently asked questions
Suvarnanudi Ventures is an active private limited company based in Bengaluru, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105555.
Suvarnanudi Ventures has 3 current directors:
- Parswanath Sandeep - Director
- Kariyaiah Chikkaiah - Director
- Ramu Bhavya - Director
The latest financial statements of Suvarnanudi Ventures 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 FY 2018 are in the company report.
The GSTIN of Suvarnanudi Ventures is 29AAZCS0845F1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Suvarnanudi Ventures is U74999KA2017PTC105555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvarnanudi Ventures was incorporated on 16 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Kariyaiah Chikkaiah was appointed as Director on 28 Mar 2024. Gurumurthy ceased to be Director on 20 Dec 2023. Premardj Raj Barath ceased to be Director on 06 May 2019. Suvarnanudi Ventures has 5 board changes on record in total.
Yes, Suvarnanudi Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Suvarnanudi Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0077397).
The registered office of Suvarnanudi Ventures is at # 236 11th B Cross 20th Main Jp Nagar 2nd Phase, Bengaluru, Karnataka, India – 560078.

