About Algorithm Avenue Private Limited
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Algorithm Avenue Private Limited is a private limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2019PTC345340. Its GSTIN is 07AARCA8740P1ZT (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sukhbir Singh Bedi and Bhupinder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No 610 6th Floor Devika Tower Nehru Place, Delhi, India – 110019.
As per the financials filed for FY 2019, the company reported a revenue of ₹19,550. For the same year it recorded a net profit of ₹50 (net margin 0.3%) and EBITDA of ₹50 (EBITDA margin 0.3%).
For more details, the company can be reached via its website sikka.in.
Company details
Contact details
Algorithm Avenue Private Limited's registered office is in Delhi, Delhi. Its website is sikka.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No 610 6th Floor Devika Tower Nehru Place, Delhi, India – 110019
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Algorithm Avenue 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 Algorithm Avenue Private Limited
FY 2019 filings availableAlgorithm Avenue Private Limited reported revenue of ₹19,550 for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹19,550 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹50 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹50 |
| 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 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.3% |
| Net Profit Margin | 0.3% |
| 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 Algorithm Avenue Private Limited, buy the company report.
Board of directors of Algorithm Avenue Private Limited
Algorithm Avenue has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhbir Singh Bedi Also directs: Bedi Fuel and Gas Private Limited | Additional Director | 19 Jul 2019 | 7 Years 3 Months | Current |
| Bhupinder Kaur Also directs: Vedantaas Herbs Private Limited | Additional Director | 19 Jul 2019 | 7 Years 3 Months | Current |
| Divya Surana Also directs: Badrivishal Buildcon LLP, NDRD Ventures LLP, Ridhika Developers Private Limited and 5 more | Additional Director | 19 Jul 2019 | 7 Years 3 Months | Current |
| Jasvinder Kaur | Additional Director | 13 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Algorithm Avenue Private Limited is audited by KAPIL VARSHNEY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPIL VARSHNEY & ASSOCIATES | FY 2019 | 025650N |
Legal cases
No court or tribunal cases involving Algorithm Avenue 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 Algorithm Avenue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Algorithm Avenue has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AARCA8740P1ZT | Delhi | Active | 07 Aug 2019 |
To see the full GST registrations and return filing status of Algorithm Avenue Private Limited, buy the company report.
Recent activity
Algorithm Avenue Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Harvinder Singh Sikka ceased to be Additional Director on 22 Apr 2021.
Frequently asked questions
Algorithm Avenue is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 February 2019 (7+ years old) and is registered under CIN U72900DL2019PTC345340.
Algorithm Avenue has 4 current directors:
- Sukhbir Singh Bedi - Additional Director
- Bhupinder Kaur - Additional Director
- Divya Surana - Additional Director
- Jasvinder Kaur - Additional Director
The latest financial statements of Algorithm Avenue on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Algorithm Avenue is 07AARCA8740P1ZT, registered in Delhi.
The CIN (Corporate Identification Number) of Algorithm Avenue is U72900DL2019PTC345340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algorithm Avenue was incorporated on 01 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Harvinder Singh Sikka ceased to be Additional Director on 22 Apr 2021. Jasvinder Kaur was appointed as Additional Director on 13 Apr 2021. Anil Kumar Rajvanshi ceased to be Director on 07 Sep 2019. Algorithm Avenue has 7 board changes on record in total.
Algorithm Avenue can be reached through the website sikka.in. Its registered office is in Delhi, India.
The registered office of Algorithm Avenue is at Flat No 610 6th Floor Devika Tower Nehru Place, Delhi, India – 110019.
Algorithm Avenue operates in the information technology industry, in the IT consulting and support services segment.