MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0212969
Tier1app Private Limited
Tier1app Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.64 Cr
▲ 25% YoY
Net profit · FY 2025
₹6.88 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹10.44 Lakh
EBITDA margin 2.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings
About Tier1app Private Limited
Data last updated:
Tier1app Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC130978. Its GSTIN is 33AAHCT4584G1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lakshmanan Jeyam and Ramanathan Lakshmanan.
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 No.2 (144 / 2) Aa Block 3rd Street Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹6.88 Lakh (net margin 1.9%) and EBITDA of ₹10.44 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 57% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
Tier1app Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0212969).
Company Details of Tier1app Private Limited
CIN U72900TN2019PTC130978
Registration Number 130978
Incorporation Date 07 August 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0212969
Recognitions & Rankings of Tier1app
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.2 (144 / 2) Aa Block 3rd Street Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Tier1app Private Limited - one report that includes everything
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Business Activity of Tier1app Private Limited
The main business activity of Tier1app is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tier1app Private Limited FY 2024 filings available
Tier1app Private Limited reported revenue of ₹3.64 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹3.64 Cr ▲ 25%
Net profit · FY 2025
₹6.88 Lakh margin 1.9%
EBITDA · FY 2025
₹10.44 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR) of Tier1app Private Limited
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 41%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 34%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 25% growth in the latest year. EBITDA rose 37% 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 of Tier1app Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.88 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Tier1app Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tier1app are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Tier1app Private Limited
Tier1app has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmanan Jeyam | Director | 07 Aug 2019 | 7 Years 2 Months | Current |
| Ramanathan Lakshmanan | Director | 07 Aug 2019 | 7 Years 2 Months | Current |
Peer Comparison of Tier1app Private Limited
Tier1app Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triple A Solutions Private Limited | ₹3.65 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Kolkata, West Bengal, India |
| Pangean Global Services Private Limited | ₹3.65 Cr (FY 2024) | •••• | •••• | 152.0% | •••• | Hyderabad, Telangana, India |
| N One Games India Private Limited | ₹3.65 Cr (FY 2023) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Vtmtex Virtual Textile Mill (India) Private Limited | ₹3.64 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Saras India Systems Private Limited | ₹3.64 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | S.R.Nagar Post, Hyd-38, Telangana, India |
| Tier1app Private Limited this company | ₹3.64 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
| Decipher Zone Technologies Private Limited | ₹3.64 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Jaipur, Rajasthan, India |
| Square Brothers Info Tech Private Limited | ₹3.64 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Chennai, Tamil Nadu, India |
| Nohitatu Technologies Private Limited | ₹3.63 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| SGP Software Solutions Private Limited | ₹3.63 Cr (FY 2019) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Glue Labs Private Limited | ₹3.63 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Tier1app by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tier1app Private Limited
Tier1app Private Limited is audited by LSSM AND CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LSSM AND CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Tier1app Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tier1app Private Limited
Tier1app Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tier1app Private Limited
Tier1app Private Limited has a workforce of 16 employees as of Apr 07, 2024.
Employee count
16
Active EPFO establishments
1
Employee growth
23.08%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tier1app Private Limited
Tier1app Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Lakshmanan Jeyam was appointed as Director on 07 Aug 2019.
AGM
Tier1App Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tier1App Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Lakshmanan Jeyam was appointed as Director.
Appointed
Ramanathan Lakshmanan was appointed as Director.
Incorporation
07 Aug 2019
Tier1App Private Limited was registered on 07 Aug 2019 with Roc Chennai & aged 7 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Tier1app Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tier1app Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tier1app Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tier1app Private Limited
Tier1app has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCT4584G1Z6 | Tamil Nadu | Active | 22 Aug 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
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MCA Filings & Documents of Tier1app Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Frequently Asked Questions about Tier1app Private Limited
Tier1app is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 August 2019 (7+ years old) and is registered under CIN U72900TN2019PTC130978.
Tier1app reported revenue of ₹3.64 Cr for FY 2025 (up 25% YoY).
Tier1app has 2 current directors:
- Lakshmanan Jeyam - Director
- Ramanathan Lakshmanan - Director
Tier1app reported a net profit of ₹6.88 Lakh (net margin 1.9%) and EBITDA of ₹10.44 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tier1app is 41% over three years and 57% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tier1app is 33AAHCT4584G1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Tier1app is U72900TN2019PTC130978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tier1app was incorporated on 07 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tier1app by revenue are Triple A Solutions Private Limited, Pangean Global Services Private Limited, N One Games India Private Limited, Vtmtex Virtual Textile Mill (India) Private Limited, Saras India Systems Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Lakshmanan Jeyam was appointed as Director on 07 Aug 2019. Ramanathan Lakshmanan was appointed as Director on 07 Aug 2019.
Yes, Tier1app is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0212969).