About Cool Careers IT Private Limited
Data last updated:
Cool Careers IT 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 HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 October 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC060817. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹9 Lakh and a paid-up capital of ₹9 Lakh. It was led by directors Sreedevi Biravalli and Venkata Rami Reddy Biravalli.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at # 83 – 84/1 Vishnu Padam 6th Cross Palm Spring Main Road Gubbalala, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.39 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.13 Lakh (net margin -46.3%) and EBITDA of -₹6.91 Lakh (EBITDA margin -44.9%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The last known website on record is coolcareersit.com.
Company details
Contact details
Cool Careers IT Private Limited's registered office is in Bangalore, Karnataka. Its website is coolcareersit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 83 – 84/1 Vishnu Padam 6th Cross Palm Spring Main Road Gubbalala, Bangalore, Karnataka, India – 560062
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Cool Careers IT 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
Business activity
The main business activity of Cool Careers IT is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cool Careers IT Private Limited, buy the company report.
Financials of Cool Careers IT Private Limited
FY 2018 filings availableCool Careers IT Private Limited reported revenue of ₹15.39 Lakh (down 16% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 16% fall in the latest year. EBITDA fell 58% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹15.39 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹6.91 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.13 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -44.9% | |||
| Net Profit Margin | -46.3% | |||
| 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 Cool Careers IT Private Limited, buy the company report.
Board of directors of Cool Careers IT Private Limited
Cool Careers IT has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreedevi Biravalli Also directs: Trilionx Foods Private Limited, Trilionx Logistics Private Limited, Trilionx Capsol Private Limited and 2 more | Director | 13 Oct 2011 | 15 Years 0 Months | As last reported |
| Venkata Rami Reddy Biravalli Also directs: Trilionx Foods Private Limited, Trilionx Logistics Private Limited, Trilionx Capsol Private Limited and 2 more | Director | 13 Oct 2011 | 15 Years 0 Months | As last reported |
Auditor
Cool Careers IT Private Limited is audited by L S REDDY & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L S REDDY & CO | FY 2018 | 005426S |
Shareholding
The shareholding of Cool Careers IT Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cool Careers IT Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cool Careers IT 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 Cool Careers IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cool Careers IT 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 Cool Careers IT Private Limited, buy the company report.
Recent activity
Cool Careers IT Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Sreedevi Biravalli was appointed as Director on 13 Oct 2011.
Frequently asked questions
Cool Careers IT 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.
Cool Careers IT was a private limited company based in Bangalore, Karnataka, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 October 2011 and is registered under CIN U72900KA2011PTC060817. The company has been struck off by the Registrar of Companies and is no longer operational.
Cool Careers IT had 2 directors:
- Sreedevi Biravalli - Director
- Venkata Rami Reddy Biravalli - Director
The CIN (Corporate Identification Number) of Cool Careers IT is U72900KA2011PTC060817. 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 Cool Careers IT is at # 83 – 841 Vishnu Padam 6th Cross Palm Spring Main Road Gubbalala, Bangalore, Karnataka, India – 560062.
Cool Careers IT was incorporated on 13 October 2011. It is registered with the Registrar of Companies, Bangalore.
Cool Careers IT can be reached through the website coolcareersit.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Cool Careers IT on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Cool Careers IT has 1 GST registration on record and it is cancelled or inactive.
Cool Careers IT operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.