Allegiant Retail & IT Solutions Private Limited
About Allegiant Retail & IT Solutions Private Limited
Data last updated:
Allegiant Retail & IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 12 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2011PTC073210.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors Suresh Chelikani and Raghavendra Kamsali Purushotham.
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 Office No.113 6 – 3 – 650 Maheshwari Chambers Somajiguda, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.22 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹1,852 (net margin 0.2%) and EBITDA of ₹80,587 (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Allegiant Retail & IT Solutions has one previous CIN (Corporate Identification Number): U72900AP2011PTC073210. The current CIN is U72900TG2011PTC073210, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2011PTC073210 | Current |
| U72900AP2011PTC073210 | Previous |
Contact details
Allegiant Retail & IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressOffice No.113 6 – 3 – 650 Maheshwari Chambers Somajiguda, Hyderabad, Telangana, India – 500082
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Allegiant Retail & IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Allegiant Retail & IT Solutions Private Limited, buy the company report.
Financials of Allegiant Retail & IT Solutions Private Limited
FY 2019 filings availableAllegiant Retail & IT Solutions Private Limited reported revenue of ₹9.22 Lakh (down 74% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over three years, including a 74% fall in the latest year. EBITDA fell 77% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹80,587 | ||||
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| Net Profit (PAT) | ₹1,852 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Allegiant Retail & IT Solutions Private Limited, buy the company report.
Board of directors of Allegiant Retail & IT Solutions Private Limited
Allegiant Retail & IT Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Chelikani Also directs: Rasu Software and Services Private Limited | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Raghavendra Kamsali Purushotham Also directs: Rasu Software and Services Private Limited | Director | 06 Dec 2019 | 6 Years 10 Months | Current |
Deals & funding
Allegiant Retail & IT Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Rights issue | ₹5.5 Lakh | Investors: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Allegiant Retail & IT 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 Allegiant Retail & IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Allegiant Retail & IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Allegiant Retail & IT Solutions Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Srinivasa Rao Gummadi ceased to be Director on 07 Dec 2019.
Frequently asked questions
Allegiant Retail & IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 12 March 2011 (15+ years old) and is registered under CIN U72900TG2011PTC073210.
Allegiant Retail & IT Solutions has 2 current directors:
- Suresh Chelikani - Director
- Raghavendra Kamsali Purushotham - Director
The latest financial statements of Allegiant Retail & IT Solutions 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Allegiant Retail & IT Solutions is U72900TG2011PTC073210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Allegiant Retail & IT Solutions was incorporated on 12 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Allegiant Retail & IT Solutions has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2017.
Srinivasa Rao Gummadi ceased to be Director on 07 Dec 2019. Raghavendra Kamsali Purushotham was appointed as Director on 06 Dec 2019. Gurrala Vijitha ceased to be Director on 26 Oct 2019. Allegiant Retail & IT Solutions has 8 board changes on record in total.
The registered office of Allegiant Retail & IT Solutions is at Office No.113 6 – 3 – 650 Maheshwari Chambers Somajiguda, Hyderabad, Telangana, India – 500082.
Allegiant Retail & IT Solutions operates in the information technology industry, in the electronic components and equipment manufacturing segment.
The compliance status of Allegiant Retail & IT Solutions is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
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