Suveda IT Solutions Private Limited
About Suveda IT Solutions Private Limited
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Suveda IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC143267.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kranthi Tiyyagura and Varahala Bhavani Shankar Geesala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No – 301 Mouni Residency Streetno – 7 Hmt Swarnapuri Colony Miyapur Bachupally, Hyderabad, Telangana, India – 500049.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.59 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹32,020 (net margin -2.5%) and EBITDA of ₹6,330 (EBITDA margin 0.5%).
Company details
Contact details
Suveda IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressFlat No – 301 Mouni Residency Streetno – 7 Hmt Swarnapuri Colony Miyapur Bachupally, Hyderabad, Telangana, India – 500049
- IndustryInformation Technology, Other Computer Related Activities
- 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 Suveda IT Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Suveda IT Solutions Private Limited, buy the company report.
Financials of Suveda IT Solutions Private Limited
FY 2022 filings availableSuveda IT Solutions Private Limited reported revenue of ₹12.59 Lakh (up 34% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year. EBITDA fell 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6,330 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹32,020 | |
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.5% | |
| Net Profit Margin | -2.5% | |
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To see the full financial statements and ratios of Suveda IT Solutions Private Limited, buy the company report.
Board of directors of Suveda IT Solutions Private Limited
Suveda IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kranthi Tiyyagura | Director | 27 Aug 2020 | 6 Years 2 Months | Current |
| Varahala Bhavani Shankar Geesala | Director | 27 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Suveda IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yashashwini Industries & Hotels Private Limited | ₹12.6 Lakh (FY 2019) | -61.0% | Kolhapur, Maharashtra, India | |||
| Parishram Gems and Diamond Private Limited | ₹12.6 Lakh (FY 2023) | Varanasi, Uttar Pradesh, India | ||||
| SD Commercial Private Limited | ₹12.6 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Jasmine Merchants Private Limited | ₹12.6 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Pacecon Technosys Private Limited | ₹12.59 Lakh (FY 2016) | 183.0% | Mumbai, Maharashtra, India | |||
| Suveda IT Solutions Private Limitedthis company | ₹12.59 Lakh (FY 2022) | -₹32,020 | -2.5% | 34.0% | Hyderabad, Telangana, India | |
| Abhishek Investments Pvt Ltd | ₹12.58 Lakh (FY 2025) | 67.0% | Ahmedabad, Gujarat, India | |||
| Ramadhutaya Horticultural Farmers Producer Company Limited | ₹12.58 Lakh (FY 2024) | 17.0% | Kalatippi, Karnataka, India | |||
| Isizzle Jewels Private Limited | ₹12.58 Lakh (FY 2024) | 6.0% | Lucknow, Uttar Pradesh, India | |||
| Dagora Foods Private Limited | ₹12.58 Lakh (FY 2020) | Bassien, Vasai West, Maharashtra, India | ||||
| Salvage Car Zone Services Private Limited | ₹12.57 Lakh (FY 2024) | -72.0% | Karnal, Haryana, India |
To see the full peer comparison of Suveda IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Suveda IT 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 Suveda IT 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 Suveda IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Suveda IT Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Kranthi Tiyyagura was appointed as Director on 27 Aug 2020.
Frequently asked questions
Suveda IT 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 27 August 2020 (6+ years old) and is registered under CIN U72900TG2020PTC143267.
Suveda IT Solutions has 2 current directors:
- Kranthi Tiyyagura - Director
- Varahala Bhavani Shankar Geesala - Director
The latest financial statements of Suveda IT Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Suveda IT Solutions is U72900TG2020PTC143267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suveda IT Solutions was incorporated on 27 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Suveda IT Solutions by revenue are Yashashwini Industries & Hotels Private Limited, Parishram Gems and Diamond Private Limited, SD Commercial Private Limited, Jasmine Merchants Private Limited, Pacecon Technosys Private Limited and 5 more, all in the same principal business activity (retail trading).
Kranthi Tiyyagura was appointed as Director on 27 Aug 2020. Varahala Bhavani Shankar Geesala was appointed as Director on 27 Aug 2020.
The registered office of Suveda IT Solutions is at Flat No – 301 Mouni Residency Streetno – 7 Hmt Swarnapuri Colony Miyapur Bachupally, Hyderabad, Telangana, India – 500049.
Suveda IT Solutions operates in the information technology industry, in the other computer related activities segment.
Suveda IT Solutions can be reached at its registered office: Flat No – 301 Mouni Residency Streetno – 7 Hmt Swarnapuri Colony Miyapur Bachupally, Hyderabad, Telangana, India – 500049.
Suveda IT Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.