Venkateswara Innovative Solutions Private Limited

Venkateswara Innovative Solutions Private Limited - information technology in Markapur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U74999AP2018PTC107695 Incorporated 26 February 2018 ROC Vijayawada HQ Markapur, Andhra Pradesh, India
Active Private Limited Company information technology Startup India
Data last updated
Revenue · FY 2022
₹39.59 Lakh
▲ 119% YoY
Net loss · FY 2022
₹4,736
Net margin -0.1%
EBITDA · FY 2022
-₹4,736
EBITDA margin -0.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Venkateswara Innovative Solutions Private Limited

Data last updated:

Venkateswara Innovative Solutions Private Limited is a private limited company based in Markapur, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC107695. Its GSTIN is 37AAGCV3028C1ZK (Andhra Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Kumar Yakkali and Dileep Kumar Pulipati.

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 4/404 – A Chenna Kesava Swamy Temple Street, Markapur, Andhra Pradesh, India – 523316.

As per the financials filed for FY 2022, the company reported a revenue of ₹39.59 Lakh, a growth of 119% compared to the previous year. For the same year it recorded a net loss of ₹4,736 (net margin -0.1%) and EBITDA of -₹4,736 (EBITDA margin -0.1%).

For more details, the company can be reached via its website vinnovative.in.

Company details

CIN U74999AP2018PTC107695
Registration Number 107695
Incorporation Date 26 February 2018
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Venkateswara Innovative Solutions

Startup India Government of India

Contact details

Venkateswara Innovative Solutions Private Limited's registered office is in Markapur, Andhra Pradesh. Its website is vinnovative.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    4/404 – A Chenna Kesava Swamy Temple Street, Markapur, Andhra Pradesh, India – 523316
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Venkateswara Innovative Solutions Private Limited, buy the company report.

Comprehensive company report
Venkateswara Innovative 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
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Business activity

The main business activity of Venkateswara Innovative Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Venkateswara Innovative Solutions Private Limited, buy the company report.

Financials of Venkateswara Innovative Solutions Private Limited

FY 2022 filings available

Venkateswara Innovative Solutions Private Limited reported revenue of ₹39.59 Lakh (up 119% YoY) for FY 2022.

Revenue · FY 2022
₹39.59 Lakh ▲ 119%
Net loss · FY 2022
₹4,736 margin -0.1%
EBITDA · FY 2022
-₹4,736 margin -0.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 119%
EBITDA CAGR growth
1 year
▼ 105%

Revenue rose 119% in the latest year. EBITDA fell 105% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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-₹4,736
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4,736
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-0.1%
Net Profit Margin-0.1%
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

To see the full financial statements and ratios of Venkateswara Innovative Solutions Private Limited, buy the company report.

Board of directors of Venkateswara Innovative Solutions Private Limited

Venkateswara Innovative Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Kumar YakkaliDirector16 Sep 20197 Years 1 MonthsCurrent
Dileep Kumar PulipatiDirector03 Feb 20224 Years 9 MonthsCurrent

Peer comparison

Venkateswara Innovative Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
One Digitech Force Private Limited₹39.65 Lakh (FY 2024)-36.0%Gandhiangar, Gujarat, India
Alfaomega Business Solutions Private Limited₹39.65 Lakh (FY 2021)61.0%Pune, Maharashtra, India
Nature's Clear Prvate Limited₹39.63 Lakh (FY 2023)64.0%Delhi, India
Vyapin Software Systems Private Limited₹39.61 Lakh (FY 2025)-27.0%Chennai, Tamil Nadu, India
Skweb Global (OPC) Private Limited₹39.6 Lakh (FY 2025)-16.0%New Delhi, Delhi, India
Venkateswara Innovative Solutions Private Limitedthis company₹39.59 Lakh (FY 2022)-₹4,736-0.1%119.0%Markapur, Andhra Pradesh, India
Giant Tech Labs Private Limited₹39.58 Lakh (FY 2024)-33.0%New Delhi, Delhi, India
Biglink Services Private Limited₹39.58 Lakh (FY 2016)1043.0%Kolkata, West Bengal, India
Quadruple Information Systems Private Limited₹39.55 Lakh (FY 2016)-51.0%Hydewrabad, Telangana, India
Ayush Technovation Private Limited₹39.55 Lakh (FY 2025)-50.0%Mumbai, Maharashtra, India
Orbit Technosoft Private Limited₹39.55 Lakh (FY 2021)1.0%Kolkata, West Bengal, India

To see the full peer comparison of Venkateswara Innovative Solutions Private Limited, buy the company report.

Auditor

Venkateswara Innovative Solutions Private Limited is audited by SURAVARAM & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SURAVARAM & ASSOCIATESFY 2021009685S

Shareholding

The shareholding of Venkateswara Innovative Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Venkateswara Innovative Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Venkateswara Innovative Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Venkateswara Innovative Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAGCV3028C1ZKAndhra PradeshActive26 Oct 2019

To see the full GST registrations and return filing status of Venkateswara Innovative Solutions Private Limited, buy the company report.

Recent activity

Venkateswara Innovative Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Dileep Kumar Pulipati was appointed as Director on 03 Feb 2022.

AGM
Venkateswara Innovative Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Venkateswara Innovative Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Vijayawada.
Appointed
Dileep Kumar Pulipati was appointed as Director.
Ceased
Veereswara Rao Yeluguri ceased to be Director.
Ceased
Vasavi Yeluguri ceased to be Director.
Ceased
Ajay Kumar Yakkali ceased to be Additional Director.
Ceased
Lakshman Rao Yeluguri ceased to be Additional Director.
Appointed
Ajay Kumar Yakkali was appointed as Director.
Incorporation
26 Feb 2018
Venkateswara Innovative Solutions Private Limited was registered on 26 Feb 2018 with Roc Vijayawada & aged 8 years 8 months as per MCA records.

Frequently asked questions

Venkateswara Innovative Solutions is an active private limited company based in Markapur, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 February 2018 (8+ years old) and is registered under CIN U74999AP2018PTC107695.

Venkateswara Innovative Solutions has 2 current directors:

The latest financial statements of Venkateswara Innovative 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 2018 are in the company report.

The GSTIN of Venkateswara Innovative Solutions is 37AAGCV3028C1ZK, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Venkateswara Innovative Solutions is U74999AP2018PTC107695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Venkateswara Innovative Solutions was incorporated on 26 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Venkateswara Innovative Solutions by revenue are One Digitech Force Private Limited, Alfaomega Business Solutions Private Limited, Nature's Clear Prvate Limited, Vyapin Software Systems Private Limited, Skweb Global (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Dileep Kumar Pulipati was appointed as Director on 03 Feb 2022. Veereswara Rao Yeluguri ceased to be Director on 08 Jan 2020. Vasavi Yeluguri ceased to be Director on 21 Dec 2019. Venkateswara Innovative Solutions has 6 board changes on record in total.

Yes, Venkateswara Innovative Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Venkateswara Innovative Solutions can be reached through the website vinnovative.in. Its registered office is in Markapur, Andhra Pradesh, India.

The registered office of Venkateswara Innovative Solutions is at 4404 – A Chenna Kesava Swamy Temple Street, Markapur, Andhra Pradesh, India – 523316.