MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0021484
Techstar Software Development (India) Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.62 Cr
▲ 37% YoY
Net profit · FY 2024
₹2.73 Cr
Net margin 6.1%
EBITDA · FY 2024
₹4.79 Cr
EBITDA margin 10.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹22.3 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
206
Provident fund records
About Techstar Software Development (India) Private Limited
Data last updated:
Techstar Software Development (India) Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2008PTC062180. Its GSTIN is 36AACCI0065N1ZH (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Innovador It Solutions Private Limited. It is led by directors including Ramakoti Chitiprolu and Raghu Prasad Chittimalla.
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 Dallas Center Sy No. 83/1 9th Floor Knowledge City Raidurg, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.62 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.73 Cr (net margin 6.1%) and EBITDA of ₹4.79 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 34% over five years.
The company has about 206 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TechStar Group. As per MCA filings, the company has open charges of ₹22.3 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Techstar Software Development (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0021484). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techstargroup.com.
Company details
CIN U72900TG2008PTC062180
Registration Number 062180
Incorporation Date 12 December 2008
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0021484
CIN history
Techstar Software Development (India) has one previous CIN (Corporate Identification Number): U72900AP2008PTC062180. The current CIN is U72900TG2008PTC062180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2008PTC062180 | Current |
| U72900AP2008PTC062180 | Previous |
Key People
Ramakoti Chitiprolu Director Raghu Prasad Chittimalla Director Ashok Kumar Chittiprolu Director Recognitions & Rankings of Techstar Software Development (India)
Contact details
Techstar Software Development (India) Private Limited's registered office is in Hyderabad, Telangana. Its website is techstargroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDallas Center Sy No. 83/1 9th Floor Knowledge City Raidurg, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techstar Software Development (India) Private Limited, buy the company report.
Comprehensive company report
Techstar Software Development (India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Techstar Software Development (India) operates one associated brand: TechStar Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital transformation, IT outsourcing, and Microsoft services to organizations. | techstargroup.com |
Business activity
The main business activity of Techstar Software Development (India) is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Techstar Software Development (India) Private Limited, buy the company report.
Financials of Techstar Software Development (India) Private Limited
FY 2025 filings availableTechstar Software Development (India) Private Limited reported revenue of ₹44.62 Cr (up 37% YoY) for FY 2024.
Revenue · FY 2024
₹44.62 Cr ▲ 37%
Net profit · FY 2024
₹2.73 Cr margin 6.1%
EBITDA · FY 2024
₹4.79 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▼ 20%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▼ 33%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 37% growth in the latest year. EBITDA rose 54% 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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| Total Expenses | |||||
| EBITDA | ₹4.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.73 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Techstar Software Development (India) Private Limited, buy the company report.
Board of directors of Techstar Software Development (India) Private Limited
Techstar Software Development (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakoti Chitiprolu Also directs: Robustware IT Solutions India Private Limited | Director | 22 Mar 2010 | 16 Years 7 Months | Current |
| Raghu Prasad Chittimalla | Director | 12 Dec 2008 | 17 Years 10 Months | Current |
| Ashok Kumar Chittiprolu | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Techstar Software Development (India) Private Limited is audited by R R H & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R H & ASSOCIATES | FY 2023 | 021523S |
Shareholding
The shareholding of Techstar Software Development (India) 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techstar Software Development (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2025 | 101046987 | Others | ₹4 Cr | Open | |
| 17 Feb 2024 | 100884449 | Others | ₹14.3 Cr | Open | |
| 31 Oct 2019 | 100303864 | Others | ₹4 Cr | Open |
To see the full charge records of Techstar Software Development (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Techstar Software Development (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Arbitration matter | Filed against the company by Hallmark Foundations Limited | Disposed |
To see the full case history of Techstar Software Development (India) 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 Techstar Software Development (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techstar Software Development (India) Private Limited has a workforce of 206 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
206
Active EPFO establishments
1
Employee growth
12.57%
GST
Techstar Software Development (India) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCI0065N1ZH | Telangana | Active | 01 Jul 2017 |
| 33AACCI0065N1ZN | Tamil Nadu | Active | 19 Feb 2020 |
To see the full GST registrations and return filing status of Techstar Software Development (India) Private Limited, buy the company report.
Recent activity
Techstar Software Development (India) Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Ashok Kumar Chittiprolu was appointed as Director on 09 Mar 2024.
AGM
Techstar Software Development (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Techstar Software Development (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101046987 was registered on 07 Feb 2025.
Charges
A charge with Others of Rs. 1,430.00 Lakh registered on 17 Feb 2024 with Charge ID 100884449 was modified on 01 Feb 2025.
Appointed
Ashok Kumar Chittiprolu was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,430.00 Lakh with Charge ID 100884449 was registered on 17 Feb 2024.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100303864 was registered on 31 Oct 2019.
Ceased
Madhu Meesala ceased to be Director.
Appointed
Ramakoti Chitiprolu was appointed as Director.
Appointed
Raghu Prasad Chittimalla was appointed as Director.
Incorporation
12 Dec 2008
Techstar Software Development (India) Private Limited was registered on 12 Dec 2008 with Roc Hyderabad & aged 17 years 10 months as per MCA records.
Frequently asked questions
Techstar Software Development (India) is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 December 2008 (18+ years old) and is registered under CIN U72900TG2008PTC062180.
Techstar Software Development (India) has 3 current directors:
- Ramakoti Chitiprolu - Director
- Raghu Prasad Chittimalla - Director
- Ashok Kumar Chittiprolu - Director
The latest financial statements of Techstar Software Development (India) 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 Techstar Software Development (India) is 36AACCI0065N1ZH, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCI0065N1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Techstar Software Development (India) is U72900TG2008PTC062180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techstar Software Development (India) has 1 court case on record: 1 filed against it.
Techstar Software Development (India) was incorporated on 12 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ashok Kumar Chittiprolu was appointed as Director on 09 Mar 2024. Madhu Meesala ceased to be Director on 22 Mar 2010. Ramakoti Chitiprolu was appointed as Director on 22 Mar 2010. Techstar Software Development (India) has 4 board changes on record in total.
Yes, Techstar Software Development (India) is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0021484).
Techstar Software Development (India) can be reached through the website techstargroup.com. Its registered office is in Hyderabad, Telangana, India.
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