Apsire Net Solutions Private Limited
About Apsire Net Solutions Private Limited
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Apsire Net Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U52601AP2017PTC106417. Its GSTIN is 37AAPCA8904R2ZP (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satyanarayana Murthy Varanasi and Varanasi Lakshmi Sri Venkata.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at D.No. 4 – 29/1 Kaapu Veedh' Adivivaram Simhachalam, Visakhapatnam, Andhra Pradesh, India – 530028.
As per the financials filed for FY 2020, the company reported a revenue of ₹39,661, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹1,089 (net margin 2.7%) and EBITDA of ₹5,859 (EBITDA margin 14.8%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressD.No. 4 – 29/1 Kaapu Veedh' Adivivaram Simhachalam, Visakhapatnam, Andhra Pradesh, India – 530028
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
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Financials of Apsire Net Solutions Private Limited FY 2020 filings available
Apsire Net Solutions Private Limited reported revenue of ₹39,661 (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Apsire Net Solutions Private Limited
Revenue fell 98% in the latest year. EBITDA fell 95% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Apsire Net Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹39,661 | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹5,859 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,089 | •••• | •••• |
| 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 of Apsire Net Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.8% | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Apsire Net Solutions are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Apsire Net Solutions Private Limited
Apsire Net Solutions Private Limited is audited by RAO & MANOJ ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAO & MANOJ ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Apsire Net Solutions Private Limited
Apsire Net Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayana Murthy Varanasi | Director | 04 Aug 2017 | 9 Years 2 Months | Current |
| Varanasi Lakshmi Sri Venkata | Director | 04 Aug 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Apsire Net Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Apsire Net Solutions Private Limited
Apsire Net Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Apsire Net Solutions Private Limited
Employment history and EPFO contributions of people linked to Apsire Net Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Apsire Net Solutions Private Limited
Apsire Net Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Satyanarayana Murthy Varanasi was appointed as Director on 04 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Apsire Net Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Apsire Net Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Apsire Net Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Apsire Net Solutions Private Limited
Apsire Net Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAPCA8904R2ZP | Andhra Pradesh | Active | 09 Dec 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Apsire Net Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Apsire Net Solutions Private Limited
Apsire Net Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 August 2017 (9+ years old) and is registered under CIN U52601AP2017PTC106417.
Apsire Net Solutions reported revenue of ₹39,661 for FY 2020 (down 98% YoY).
Apsire Net Solutions has 2 current directors:
- Satyanarayana Murthy Varanasi - Director
- Varanasi Lakshmi Sri Venkata - Director
Apsire Net Solutions reported a net profit of ₹1,089 (net margin 2.7%) and EBITDA of ₹5,859 (EBITDA margin 14.8%) for FY 2020, as per its filed financial statements.
The GSTIN of Apsire Net Solutions is 37AAPCA8904R2ZP, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Apsire Net Solutions is U52601AP2017PTC106417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apsire Net Solutions was incorporated on 04 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Satyanarayana Murthy Varanasi was appointed as Director on 04 Aug 2017. Varanasi Lakshmi Sri Venkata was appointed as Director on 04 Aug 2017.
Yes, Apsire Net Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Apsire Net Solutions is at D.No. 4 – 291 Kaapu Veedh Adivivaram Simhachalam, Visakhapatnam, Andhra Pradesh, India – 530028.