COMPANY INTELLIGENCE PROFILE
Klaus IT Solutions Private Limited
Bangalore-based IT and engineering services company (est. 2013) providing managed services, staffing/recruitment, application development and QA, with 1,200-1,300+ employees.
Klaus IT Solutions, founded in 2013 and headquartered in Bangalore, operates in IT services and staffing/recruitment. The company provides application development, quality assurance, and firmware development across various industries. With 1,200-1,300 employees, it serves sectors like aerospace, automotive, and healthcare. Financially, it reported revenue between ₹150-200 crore for FY23, with a net profit margin of 11.08%. No external funding has been disclosed. It holds ISO certifications and maintains open charges with banks.
AI-generated, may contain errors.
Business Overview
- IT and engineering services firm offering Application Development & Maintenance, Project & Program Management, Quality Assurance / Testing, and Helpdesk Services
- Staffing and recruitment, contract, contract-to-hire, ODC, train-and-deploy models
- And firmware/ECU development for automotive.
- Also markets HR/business-management software, payroll, recruitment, leave, attendance, expense management, corporate intranet.
- Industries served: aerospace, automotive, engineering/manufacturing, healthcare & pharma, semiconductor, telecom, oil & gas, retail, IT infrastructure, BFSI.
- ISO 9001:2015 and ISO 27001:2013 certified.
- Headcount reported 1,200-1,300+
- HQ Bangalore., Source: klausit.com, LinkedIn, OnlineBangalore.
Sector & Classification
NIC 72200 — Software publishing, consultancy and supply (per CIN prefix U72200 and Falconebiz/KnowYourGST). CONFLICT: TheCompanyCheck classifies it under HR outsourcing / placement agency services. In practice the company operates in both IT services and IT staffing/recruitment.
Directors & Key Management
Directors — source notes
Four directors, DINs confirmed by Falconebiz and Tofler (2 sources agree): - Sitaraman Raman — DIN 02121973 (appointed 4 Mar 2013) - Raghu Godithi — DIN 06379065 (appointed 4 Mar 2013; email raghu@klausit.com) - Krupa Varma Nalla — DIN 02024187 (appointed 14 May 2015) - Rajashree Sampath Kumar — DIN 07759765 (appointed 9 Mar 2017) All four are also listed as shareholders.
GST Registrations
Primary GSTIN: 29AAFCK0764K1Z7 (Karnataka). Legal name KLAUS IT SOLUTIONS PRIVATE LIMITED; PAN AAFCK0764K; home state Karnataka; registered under GST 01/07/2017; taxpayer type Regular; status Active. Number of registrations under PAN: not obtained (only the single Karnataka GSTIN found). (Source: KnowYourGST individual GSTIN page, WebSearch.)
Financials
Klaus IT Solutions Private Limited reported standalone revenue in the ₹150-200 crore range for FY ending March 2023, with a net profit margin of 11.08% and a significant return on equity of 107.55%. The company's net worth saw a remarkable 240.98% year-on-year increase, while borrowings decreased by 58.64%. Profit after tax surged by approximately 840% year-on-year. The financial data reflects substantial growth and improved financial health.
AI-generated, may contain errors.
| Standalone, FY ending March 2023, source | Tofler; exact figures behind paywall — PARTIAL: |
| Revenue | reported in the ₹150-200 crore band, exact figure not obtained |
| Net Profit Margin | 11.08% |
| Return on Equity | 107.55% |
| Net worth | increased ~240.98% YoY; Borrowings: decreased ~58.64% YoY; PAT: up ~840% YoY; EBITDA: sharp YoY swing, percentages only |
| Latest AGM | 30 September 2023 |
| Exact revenue/EBITDA/PAT/net-worth rupee figures NOT obtained. | |
| CONFLICT | aggregator Craft.co reports revenue of $119.3M (~₹990 cr) — inconsistent with Tofler's ₹150-200 cr band and likely aggregator error; treat with caution. |
Funding History
- None found. No disclosed external equity/VC funding rounds
- Appears founder-owned/bootstrapped, four founder-directors hold shares.
- UNVERIFIED M&A claim: aggregators, PitchBook/Craft/ZoomInfo, state Klaus IT Solutions was "acquired on 06-May-2022 by Cyient and Diensten Tech" — no primary source found and the MCA registry still shows it as an independent Active company with the original founder-directors as shareholders
- Treat as unverified aggregator data.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| IndusInd Bank Limited | ₹20.7 crore | created 16 March 2022 |
| HDFC Bank Limited | ₹1.5 crore | created 5 August 2021 |
- Two open charges (source: Tofler):
- Borrowings reported declining YoY in FY23.
Legal & Compliance
- None found. Direct search of Indian Kanoon returned no judgments/cases naming Klaus IT Solutions Private Limited as a party, the 231 raw hits reference "Klaus Vogel" tax commentary and the generic word "solutions," not this company.
Competitive Landscape
- IT staffing / engineering-services peers in India:
- Diensten Tech, Bangalore, IT staffing, — similar/small-mid scale
- Collabera Technologies — large
- Quess Corp / Magna Infotech (IT staffing) — large, listed
- TeamLease Digital — large, listed parent
- Randstad India — large (global)
- Allegis Group India / Aston Carter — large (global)
- Klaus is a small-to-mid-sized (SME) player relative to these.
Frequently Asked Questions
What does the company do?
Klaus IT Solutions Private Limited is a Bangalore-based IT and engineering services company providing managed services, staffing and recruitment, application development, and quality assurance. The company serves a variety of industries such as aerospace, automotive, engineering, healthcare, pharma, semiconductor, telecom, oil and gas, retail, IT infrastructure, and BFSI.
What is the CIN of the company?
The CIN of Klaus IT Solutions Private Limited is U72200KA2013PTC068070.
What is the GSTIN of the company?
The primary GSTIN of Klaus IT Solutions Private Limited is 29AAFCK0764K1Z7 and the company is registered in the state of Karnataka.
When was the company incorporated?
Klaus IT Solutions Private Limited was established in 2013.
What is the registered office address of the company?
The registered office of Klaus IT Solutions Private Limited is located at No 7 Albert Street, Richmond Town, Bangalore, Karnataka 560025.
Sources
Falconebiz (CIN registry, DINs), TheCompanyCheck (CIN registry), Tofler (financials/charges/DINs/PAN), KnowYourGST individual GSTIN page (29AAFCK0764K1Z7), klausit.com (business overview), LinkedIn/OnlineBangalore (headcount/services), Indian Kanoon (legal search), Craft.co/PitchBook/ZoomInfo (aggregator data — flagged unverified).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.