About Appsmart IT Corp India Private Limited
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Appsmart IT Corp India Private Limited was a private limited company based in Hyderabad, Telangana, 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 support services segment of the services sector. It was incorporated on 11 July 2014.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2014PTC094831.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Komuramma Bairy and Ramesh Babu Bairy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 16 – 127/3 New Mirzalaguda Malkajgiri, Hyderabad, Telangana, India – 500047.
As per the financials filed for FY 2022, the company reported a revenue of ₹32,500, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1,500 (net margin -4.6%) and EBITDA of -₹1,500 (EBITDA margin -4.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over five years.
The company was associated with 1 brand: Appsmart IT.
The last known website on record is appsmartcorporation.com.
Company details
Contact details
Appsmart IT Corp India Private Limited's registered office is in Hyderabad, Telangana. Its website is appsmartcorporation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address16 – 127/3 New Mirzalaguda Malkajgiri, Hyderabad, Telangana, India – 500047
- IndustryService, Other Support Services, Information Technology Services
To see the full contact details of Appsmart IT Corp 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
Brands
Appsmart IT Corp India operates one associated brand: Appsmart IT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application services specializing in ERP and other IT solutions from market-leading vendors. | appsmartcorporation.com |
Financials of Appsmart IT Corp India Private Limited
FY 2022 filings availableAppsmart IT Corp India Private Limited reported revenue of ₹32,500 (down 1% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 1% fall in the latest year. EBITDA rose 27% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1,500 | ||||
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| Net Profit (PAT) | -₹1,500 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Appsmart IT Corp India Private Limited, buy the company report.
Board of directors of Appsmart IT Corp India Private Limited
Appsmart IT Corp India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Komuramma Bairy | Director | 05 Apr 2018 | 8 Years 6 Months | As last reported |
| Ramesh Babu Bairy Also directs: Bairees Global Advisory Private Limited | Director | 11 Jul 2014 | 12 Years 3 Months | As last reported |
Auditor
Appsmart IT Corp India Private Limited is audited by HARJEET & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARJEET & ASSOCIATES | FY 2017 | 006222S |
Shareholding
The shareholding of Appsmart IT Corp India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Appsmart IT Corp India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Appsmart IT Corp 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 Appsmart IT Corp India 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 Appsmart IT Corp India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Appsmart IT Corp India Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Komuramma Bairy ceased to be Additional Director on 27 Sep 2018.
Frequently asked questions
Appsmart IT Corp India 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.
Appsmart IT Corp India was a private limited company based in Hyderabad, Telangana, India. The company worked in other support services, within the service industry. It was incorporated on 11 July 2014 and is registered under CIN U72300TG2014PTC094831. The company has been struck off by the Registrar of Companies and is no longer operational.
Appsmart IT Corp India had 2 directors:
- Komuramma Bairy - Director
- Ramesh Babu Bairy - Director
The CIN (Corporate Identification Number) of Appsmart IT Corp India is U72300TG2014PTC094831. 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 Appsmart IT Corp India is at 16 – 1273 New Mirzalaguda Malkajgiri, Hyderabad, Telangana, India – 500047.
Appsmart IT Corp India was incorporated on 11 July 2014. It is registered with the Registrar of Companies, Hyderabad.
Appsmart IT Corp India can be reached through the website appsmartcorporation.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Appsmart IT Corp India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Appsmart IT Corp India operated in the service industry, in the other support services segment. It worked in this industry before it was struck off.
Komuramma Bairy ceased to be Additional Director on 27 Sep 2018. Komuramma Bairy was appointed as Director on 05 Apr 2018. Rajalu Bairy ceased to be Director on 04 Feb 2018. Appsmart IT Corp India has 4 board changes on record in total.
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