About Althea Systems & Software Private Limited
Data last updated:
Althea Systems & Software 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 June 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC050168. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹16.54 Cr and a paid-up capital of ₹16.52 Cr. It was led by directors Kishore Krishnamurthy Adekhandi and Vijaya Sagar Vinnakota.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No. 773 1st Floor 80 Feet Road 4th Block Kormangala, Bangalore, Karnataka, India – 560034.
The company was associated with 1 brand: Althea Systems. The company has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹8.17 Cr; the latest was in January 2014.
The last known website on record is altheasystems.com.
Company details
Contact details
Althea Systems & Software Private Limited's registered office is in Bangalore, Karnataka. Its website is altheasystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 773 1st Floor 80 Feet Road 4th Block Kormangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Althea Systems & Software 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
Brands
Althea Systems & Software operates one associated brand: Althea Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online gaming platform for playing games and winning real money rewards. | altheasystems.com |
Business activity
The main business activity of Althea Systems & Software 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 Althea Systems & Software Private Limited, buy the company report.
Financials of Althea Systems & Software Private Limited
FY 2017 filings availableAlthea Systems & Software Private Limited reported revenue of ₹131 (down 96% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 95% over three years, including a 96% 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
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Financial Ratios
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To see the full financial statements and ratios of Althea Systems & Software Private Limited, buy the company report.
Board of directors of Althea Systems & Software Private Limited
Althea Systems & Software has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Sagar Vinnakota | Additional Director | 22 Apr 2014 | 12 Years 6 Months | As last reported |
| Kishore Krishnamurthy Adekhandi | Director | 18 Jun 2009 | 17 Years 4 Months | As last reported |
Auditor
Althea Systems & Software Private Limited is audited by SANJAY MAHAVIR JAIN & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY MAHAVIR JAIN & ASSOCIATES | FY 2016 | 014002S |
Shareholding
The shareholding of Althea Systems & Software Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
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| Others |
To see the full shareholding pattern of Althea Systems & Software Private Limited, buy the company report.
Deals & funding
Althea Systems & Software Private Limited has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹8.17 Cr; the latest was in January 2014.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Funding round · Series B | ₹3 Cr | Investors: Intel Capital |
| Jun 2010 | Acquisition | ₹9 Cr | Buyer: Intel Capital |
To see the full deal history of Althea Systems & Software Private Limited, buy the company report.
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 Althea Systems & Software 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 Althea Systems & Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Althea Systems & Software has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Althea Systems & Software Private Limited, buy the company report.
Recent activity
Althea Systems & Software Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Rajnish ceased to be Director on 22 Apr 2014.
Frequently asked questions
Althea Systems & Software 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.
Althea Systems & Software was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 18 June 2009 and is registered under CIN U72200KA2009PTC050168. The company has been struck off by the Registrar of Companies and is no longer operational.
Althea Systems & Software had 2 directors:
- Vijaya Sagar Vinnakota - Additional Director
- Kishore Krishnamurthy Adekhandi - Director
The CIN (Corporate Identification Number) of Althea Systems & Software is U72200KA2009PTC050168. 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 Althea Systems & Software is at No. 773 1st Floor 80 Feet Road 4th Block Kormangala, Bangalore, Karnataka, India – 560034.
Althea Systems & Software was incorporated on 18 June 2009. It is registered with the Registrar of Companies, Bangalore.
Althea Systems & Software can be reached through the website altheasystems.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Althea Systems & Software on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
No. Althea Systems & Software has 1 GST registration on record and it is cancelled or inactive.
Althea Systems & Software operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.