MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-09-0022216
True Codeology Solutions Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
Revenue · FY 2024
₹2.72 Cr
▼ 15% YoY
Net profit · FY 2024
₹22.95 Lakh
Net margin 8.4%
EBITDA · FY 2024
₹38.88 Lakh
EBITDA margin 14.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About True Codeology Solutions Private Limited
Data last updated:
True Codeology Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PTC133053. Its GSTIN is 36AAHCT3548A1ZI (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Satya Rajesh Rebba Pragada (Managing Director) and Sandeep Kumar Reddy Pakanati.
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 Shop No: 13 Hill County Club House Complex Hillcount Nizampet Ranga Reddy, Hyderabad, Telangana, India – 500090.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.72 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹22.95 Lakh (net margin 8.4%) and EBITDA of ₹38.88 Lakh (EBITDA margin 14.3%).
The company is associated with 1 brand: Codeology Solutions. As per MCA filings, the company has open charges of ₹1.1 Cr on record.
True Codeology Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0022216). For more details, the company can be reached via its website codeology.solutions.
Company details
CIN U72900TG2019PTC133053
Registration Number 133053
Incorporation Date 30 May 2019
ROC Hyderabad
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-TS-09-0022216
Recognitions & Rankings of True Codeology Solutions
Contact details
True Codeology Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressShop No: 13 Hill County Club House Complex Hillcount Nizampet Ranga Reddy, Hyderabad, Telangana, India – 500090
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
True Codeology Solutions 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
True Codeology Solutions operates one associated brand: Codeology Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT firm providing AI, mobile apps, analytics, and cloud services to businesses worldwide. | codeology.solutions |
Business activity
The main business activity of True Codeology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of True Codeology Solutions Private Limited, buy the company report.
Financials of True Codeology Solutions Private Limited
FY 2024 filings availableTrue Codeology Solutions Private Limited reported revenue of ₹2.72 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹2.72 Cr ▼ 15%
Net profit · FY 2024
₹22.95 Lakh margin 8.4%
EBITDA · FY 2024
₹38.88 Lakh margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
EBITDA CAGR growth
1 year
▲ 34%
Revenue fell 15% in the latest year. EBITDA rose 34% in the latest 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 | ₹38.88 Lakh | ||||
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| Net Profit (PAT) | ₹22.95 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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| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of True Codeology Solutions Private Limited, buy the company report.
Board of directors of True Codeology Solutions Private Limited
True Codeology Solutions has 2 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 |
|---|---|---|---|---|
| Satya Rajesh Rebba Pragada Also directs: Million Walls Communications Private Limited | Managing Director | 30 May 2019 | 7 Years 4 Months | Current |
| Sandeep Kumar Reddy Pakanati Also directs: Million Walls Communications Private Limited | Director | 30 May 2019 | 7 Years 4 Months | Current |
Peer comparison
True Codeology Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Juicyburger Media Private Limited | ₹2.72 Cr (FY 2025) | 67.0% | Mumbai, Maharashtra, India | |||
| Cinnamon Labs Private Limited | ₹2.72 Cr (FY 2025) | 311.0% | Delhi, India | |||
| Squiz IT Labs Private Limited | ₹2.72 Cr (FY 2025) | -23.0% | Thane, Maharashtra, India | |||
| True Codeology Solutions Private Limitedthis company | ₹2.72 Cr (FY 2024) | ₹22.95 Lakh | 8.4% | -15.0% | Hyderabad, Telangana, India | |
| Deccan Designs (India) Private Limited | ₹2.72 Cr (FY 2024) | 3.0% | Road, Chetput, Madras, Tamil Nadu, India | |||
| Northside Brand Works Private Limited | ₹2.72 Cr (FY 2025) | -13.0% | Gurgaon, Haryana, India | |||
| Geosieben Consulting Private Limited | ₹2.72 Cr (FY 2024) | 26.0% | Hassan, Karnataka, India | |||
| Wellaar Services Private Limited | ₹2.72 Cr (FY 2024) | 115.0% | Indore, Madhya Pradesh, India | |||
| Mobiyoung Digital Ad Agency Private Limited | ₹2.72 Cr (FY 2025) | -46.0% | Bangalore, Karnataka, India |
To see the full peer comparison of True Codeology Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2024 | 100860076 | Others | ₹1.1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving True Codeology 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 True Codeology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True Codeology Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCT3548A1ZI | Telangana | Active | 24 Nov 2021 |
To see the full GST registrations and return filing status of True Codeology Solutions Private Limited, buy the company report.
Recent activity
True Codeology Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Balachandran Shyam Pataril ceased to be Director on 01 Jan 2020.
AGM
True Codeology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
True Codeology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 100860076 was registered on 22 Jan 2024.
Ceased
Balachandran Shyam Pataril ceased to be Director.
Appointed
Sandeep Kumar Reddy Pakanati was appointed as Director.
Appointed
Satya Rajesh Rebba Pragada was appointed as Managing Director.
Incorporation
30 May 2019
True Codeology Solutions Private Limited was registered on 30 May 2019 with Roc Hyderabad & aged 7 years 4 months as per MCA records.
Frequently asked questions
True Codeology Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 May 2019 (7+ years old) and is registered under CIN U72900TG2019PTC133053.
True Codeology Solutions has 2 current directors:
- Satya Rajesh Rebba Pragada - Managing Director
- Sandeep Kumar Reddy Pakanati - Director
The latest financial statements of True Codeology Solutions 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 FY 2020 are in the company report.
The GSTIN of True Codeology Solutions is 36AAHCT3548A1ZI, registered in Telangana.
The CIN (Corporate Identification Number) of True Codeology Solutions is U72900TG2019PTC133053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Codeology Solutions was incorporated on 30 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of True Codeology Solutions by revenue are Juicyburger Media Private Limited, Cinnamon Labs Private Limited, Squiz IT Labs Private Limited, Deccan Designs (India) Private Limited, Northside Brand Works Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Balachandran Shyam Pataril ceased to be Director on 01 Jan 2020. Sandeep Kumar Reddy Pakanati was appointed as Director on 30 May 2019. Satya Rajesh Rebba Pragada was appointed as Managing Director on 30 May 2019.
Yes, True Codeology Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-09-0022216).
True Codeology Solutions can be reached through the website codeology.solutions. Its registered office is in Hyderabad, Telangana, India.
The registered office of True Codeology Solutions is at Shop No: 13 Hill County Club House Complex Hillcount Nizampet Ranga Reddy, Hyderabad, Telangana, India – 500090.