About 314E IT Solutions India Private Limited
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314E IT Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of 314E Corporation. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 13 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014FTC076756. Its GSTIN is 29AAACZ7909E1Z1 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Alok Sharma and Abhishek Begerhotta.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.18 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹46.25 Lakh and EBITDA of -₹49.43 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 63% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 314ecorp.com.
Company details
Contact details
314E IT Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is 314ecorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSuite #5E Rao Tower Of Neil Rao Towers Plot #118 Road #3 Epip Phase 1 Whitef, Ield, Bangalore, Karnataka, India – 560066
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of 314E IT Solutions 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
Financials of 314E IT Solutions India Private Limited
FY 2024 filings available314E IT Solutions India Private Limited reported revenue of ₹3.18 Lakh (down 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 69% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹3.18 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹49.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of 314E IT Solutions India Private Limited, buy the company report.
Board of directors of 314E IT Solutions India Private Limited
314E IT Solutions India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Sharma | Director | 03 Nov 2014 | 12 Years 0 Months | Current |
| Abhishek Begerhotta | Director | 27 Jul 2017 | 9 Years 3 Months | Current |
| Swapnil Patni Also directs: Software Artistry Private Limited, Expressrcm Private Limited, Educommerce Technologies Private Limited and 1 more | Director | 20 Aug 2022 | 4 Years 2 Months | Current |
Auditor
314E IT Solutions India Private Limited is audited by NPSV & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NPSV & Co | FY 2023 | 016511S |
Shareholding
The shareholding of 314E IT Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of 314E IT Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving 314E IT Solutions 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 314E IT Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
314E IT Solutions India Private Limited has a workforce of 51 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
314E IT Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ7909E1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of 314E IT Solutions India Private Limited, buy the company report.
Recent activity
314E IT Solutions India Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Swapnil Patni ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
314E IT Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 13 October 2014 (12+ years old) and is registered under CIN U72200KA2014FTC076756.
314E IT Solutions India has 3 current directors:
- Alok Sharma - Director
- Abhishek Begerhotta - Director
- Swapnil Patni - Director
The latest financial statements of 314E IT Solutions 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 314E IT Solutions India is 29AAACZ7909E1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of 314E IT Solutions India is U72200KA2014FTC076756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
314E IT Solutions India was incorporated on 13 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Swapnil Patni ceased to be Additional Director on 30 Sep 2022. Swapnil Patni was appointed as Director on 20 Aug 2022. Gaurav Mundra ceased to be Additional Director on 30 Sep 2019. 314E IT Solutions India has 10 board changes on record in total.
314E IT Solutions India can be reached through the website 314ecorp.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of 314E IT Solutions India is at Suite #5E Rao Tower Of Neil Rao Towers Plot #118 Road #3 Epip Phase 1 Whitef, Ield, Bangalore, Karnataka, India – 560066.
314E IT Solutions India operates in the healthcare industry, in the healthtech and medical tech solutions segment.
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