Young India Information Technology Services Private Limited

Founded in 2006 and headquartered in Telangana, India.

2006 | Hyderabad, Telangana (India) | Active
Last Updated: December 08, 2024

Young India Information Technology Services Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.41 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 M
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 63.22%
  • Profit Growth 267.58%
  • Ebitda 70.06%
  • Net Worth 1.74%
  • Total Assets 2.05%

About Young India Information Technology Services

Young India Information Technology Services Private Limited (YIITSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 November 2006 and has a history of 18 years and two months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 2.41 M.

The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Subramanyasastry Harikatha, Pramod Buravalli, and Prasannalakshmi Gadiraju serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    yiit.net.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2006PTC051691

  • Company No.

    051691

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2006

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Young India Information Technology Services Private Limited offer?

Young India Information Technology Services Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Report Services, Architectural & Civil Engineering, Architectural Services.

Who are the key members and board of directors at Young India Information Technology Services?

Executive Team (2)

Name Designation Appointment Date Status
Subramanyasastry Harikatha Country flag representing In Managing Director 16-Nov-2006 Current
Prasannalakshmi Gadiraju Country flag representing In Managing Director 12-Apr-2007 Current

Board Members (1)

Name Designation Appointment Date Status
Pramod Buravalli Country flag representing In Director 21-Feb-2012 Current

Financial Performance of Young India Information Technology Services.

Young India Information Technology Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 63.22% increase. The company also saw a substantial improvement in profitability, with a 267.58% increase in profit. The company's net worth moved up by a moderate rise of 1.74%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
63.22%
Revenue from Operations
63.48%
Total Assets
2.05%
Profit or Loss
267.58%
Net Worth
1.74%
EBITDA
70.06%

What is the Ownership and Shareholding Structure of Young India Information Technology Services?

In 2020, Young India Information Technology Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.50 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
23 Dec 2022 Axis Bank Limited ₹7.50 M Open
02 Aug 2012 Icici Bank Limited ₹2.00 M Satisfied

How Many Employees Work at Young India Information Technology Services?

Young India Information Technology Services has a workforce of 25 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Young India Information Technology Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Young India Information Technology Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Young India Information Technology Services

Recent activity within the organization

  • Annual General Meeting

    Young India Information Technology Services Private Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.

    31 Jul 2024

  • Balance Sheet

    Young India Information Technology Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.50 M with Charge ID 100663630 was registered on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge registered on 02 Aug 2012 via Charge ID 10369091 with Icici Bank Limited was fully satisfied on 02 Sep 2013.

    02 Sep 2013

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 2.00 M with Charge ID 10369091 was registered on 02 Aug 2012.

    02 Aug 2012

  • Director Appointment

    Pramod Buravalli was appointed as a Director was appointed as a Director on 21 Feb 2012 & has been associated with this company since 12 years 11 months .

    21 Feb 2012

Frequently asked questions

  • Young India Information Technology Services Private Limited was incorporated on 16 Nov 2006.

  • The authorized share capital of Young India Information Technology Services Private Limited is ₹ 4.00 M and paid-up capital is ₹ 2.41 M.

  • Currently 3 directors are associated with Young India Information Technology Services Private Limited.

    • Subramanyasastry Prahlada Harikatha
    • Pramod Buravalli
    • Prasannalakshmi Gadiraju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Young India Information Technology Services Private Limited is 25/26C Janapriya Bunglows Machabolarum, India, Secunderabad, Telangana, 500010.

  • The corporate identification number (CIN) of Young India Information Technology Services Private Limited is U72200TG2006PTC051691 and the company number is 051691 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Young India Information Technology Services Private Limited is https://www.yiit.net.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Young India Information Technology Services Private Limited has risen by 63.22%.

  • As Per 2022 financial reports, 25 employees are currently employed by Young India Information Technology Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Young India Information Technology Services Private Limited has experienced an upsurge of 1.74%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Young India Information Technology Services Private Limited amount to ₹ 7.50 M.

  • The most recent Balance Sheet for Young India Information Technology Services Private Limited was filed with the ROC on 31 Mar 2024.

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