About Ysecit Softwares India Private Limited
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Ysecit Softwares India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC063422. Its GSTIN is 29AAECB9614L1Z8 (Karnataka).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.36 Cr. It was formerly known as Bysecit Enterprise Private Limited. It is led by directors Ramgatie Awinash Steven and Sashi Bhaskar.
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.74/A Zed Tech Park Ground Floor Keonics Hosur Road Electronic City Phase 1, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹110.34 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹7.87 Cr (net margin 7.1%) and EBITDA of ₹15.26 Cr (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 66% over five years.
The company has about 272 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: YsecIT. As per MCA filings, the company has open charges of ₹30 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ysecit.com.
Company details
Contact details
Ysecit Softwares India Private Limited's registered office is in Bangalore, Karnataka. Its website is ysecit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.74/A Zed Tech Park Ground Floor Keonics Hosur Road Electronic City Phase 1, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ysecit Softwares India Private Limited, buy the company report.
- 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
Brands
Ysecit Softwares India operates one associated brand: YsecIT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of web & software development, networking, and database services | ysecit.com |
Business activity
The main business activity of Ysecit Softwares India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Ysecit Softwares India Private Limited, buy the company report.
Financials of Ysecit Softwares India Private Limited
FY 2024 filings availableYsecit Softwares India Private Limited reported revenue of ₹110.34 Cr (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 37% growth in the latest year. EBITDA rose 57% 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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| EBITDA | ₹15.26 Cr | ||||
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| Net Profit (PAT) | ₹7.87 Cr | ||||
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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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| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 7.1% | ||||
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To see the full financial statements and ratios of Ysecit Softwares India Private Limited, buy the company report.
Board of directors of Ysecit Softwares India Private Limited
Ysecit Softwares India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramgatie Awinash Steven | Director | 22 Oct 2013 | 13 Years 0 Months | Current |
| Sashi Bhaskar Also directs: Fiable Media Works Private Limited | Additional Director | 23 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Ysecit Softwares India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Barracuda Networks (India) Private Limited | ₹110.68 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Ysecit Softwares India Private Limitedthis company | ₹110.34 Cr (FY 2024) | ₹7.87 Cr | 7.1% | 37.0% | 272 | Bangalore, Karnataka, India |
| Applied Info Services (India) Private Limited | ₹108.92 Cr (FY 2024) | -27.0% | Hyderabad, Telangana, India | |||
| Marlabs Software Private Limited | ₹107.55 Cr (FY 2016) | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ysecit Softwares India Private Limited, buy the company report.
Auditor
Ysecit Softwares India Private Limited is audited by A S P R & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S P R & Co. | FY 2023 | 018262S |
Shareholding
The shareholding of Ysecit Softwares 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) | |||||
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| Others |
To see the full shareholding pattern of Ysecit Softwares India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2023 | 100791244 | Others | ₹30 Cr | Open |
To see the full charge records of Ysecit Softwares India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ysecit Softwares India 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 Ysecit Softwares India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ysecit Softwares India Private Limited has a workforce of 272 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Ysecit Softwares India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECB9614L1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ysecit Softwares India Private Limited, buy the company report.
Recent activity
Ysecit Softwares India Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Sashi Bhaskar was appointed as Additional Director on 23 Apr 2025.
Frequently asked questions
Ysecit Softwares India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 April 2012 (14+ years old) and is registered under CIN U72900KA2012PTC063422.
Ysecit Softwares India has 2 current directors:
- Ramgatie Awinash Steven - Director
- Sashi Bhaskar - Additional Director
The latest financial statements of Ysecit Softwares India 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 2015 are in the company report.
The GSTIN of Ysecit Softwares India is 29AAECB9614L1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Ysecit Softwares India is U72900KA2012PTC063422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ysecit Softwares India was incorporated on 04 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ysecit Softwares India by revenue are Barracuda Networks (India) Private Limited, Applied Info Services (India) Private Limited, Marlabs Software Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Sashi Bhaskar was appointed as Additional Director on 23 Apr 2025. Bhagwandath Tewarie Parmessar was appointed as Director on 29 May 2023. Pavan Pal Sharma ceased to be Additional Director on 30 Nov 2021. Ysecit Softwares India has 7 board changes on record in total.
Ysecit Softwares India can be reached through the website ysecit.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ysecit Softwares India is at No.74A Zed Tech Park Ground Floor Keonics Hosur Road Electronic City Phase 1, Bangalore, Karnataka, India – 560100.
Ysecit Softwares India operates in the information technology industry, in the application development and software solutions segment.
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