About Abstrat Ideas and Solutions Private Limited
Data last updated:
Abstrat Ideas and Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 09 October 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC107043. Its GSTIN is 29AAQCA1159B1ZQ (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Atanu Batabyal and Aradhana Batabyal.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Flat 7 C Vega Aquila Heights 27 Hmt Factory Main Road Jalahalli, Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2022, the company reported a revenue of ₹50,000, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹5.28 Lakh and EBITDA of -₹5.28 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The last known website on record is abstrat.in.
Company details
Contact details
Abstrat Ideas and Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is abstrat.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat 7 C Vega Aquila Heights 27 Hmt Factory Main Road Jalahalli, Bangalore, Karnataka, India – 560013
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Abstrat Ideas and Solutions 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
Business activity
The main business activity of Abstrat Ideas and Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Abstrat Ideas and Solutions Private Limited, buy the company report.
Financials of Abstrat Ideas and Solutions Private Limited
FY 2023 filings availableAbstrat Ideas and Solutions Private Limited reported revenue of ₹50,000 (up 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 73%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹50,000 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.28 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Abstrat Ideas and Solutions Private Limited, buy the company report.
Board of directors of Abstrat Ideas and Solutions Private Limited
Abstrat Ideas and Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atanu Batabyal | Director | 09 Oct 2017 | 9 Years 0 Months | As last reported |
| Aradhana Batabyal | Director | 15 Mar 2022 | 4 Years 7 Months | As last reported |
Legal cases
No court or tribunal cases involving Abstrat Ideas and Solutions 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 Abstrat Ideas and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abstrat Ideas and Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCA1159B1ZQ | Karnataka | Active | 06 Mar 2019 |
To see the full GST registrations and return filing status of Abstrat Ideas and Solutions Private Limited, buy the company report.
Recent activity
Abstrat Ideas and Solutions Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Sriram Dhanyamraju ceased to be Director on 30 Mar 2022.
Frequently asked questions
Abstrat Ideas and Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Abstrat Ideas and Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 09 October 2017 and is registered under CIN U72900KA2017PTC107043. The company has been struck off by the Registrar of Companies and is no longer operational.
Abstrat Ideas and Solutions had 2 directors:
- Atanu Batabyal - Director
- Aradhana Batabyal - Director
The CIN (Corporate Identification Number) of Abstrat Ideas and Solutions is U72900KA2017PTC107043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Abstrat Ideas and Solutions is at Flat 7 C Vega Aquila Heights 27 Hmt Factory Main Road Jalahalli, Bangalore, Karnataka, India – 560013.
Abstrat Ideas and Solutions was incorporated on 09 October 2017. It is registered with the Registrar of Companies, Bangalore.
Abstrat Ideas and Solutions can be reached through the website abstrat.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Abstrat Ideas and Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Abstrat Ideas and Solutions is 29AAQCA1159B1ZQ, registered in Karnataka.
Abstrat Ideas and Solutions operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.