About Deazzle Services Private Limited
Data last updated:
Deazzle Services Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Deasra Foundation. 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 05 May 2015.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72291PN2015PTC154918. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.9 Cr. It was led by directors including Anand Suresh Deshpande and Sonali Anand Deshpande.
Its last annual general meeting (AGM) was held on 27 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat No.101 Vanashree S No.94/20 Lane 11 Prabhat Road Erandwana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.09 Cr (net margin 84%) and EBITDA of -₹1.07 Cr (EBITDA margin -14.8%). Revenue has grown at a compounded annual rate (CAGR) of 551% over three years.
The company had about 8 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: DeAzzle. The company has 3 deals on record (1 acquisition, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹16.87 Cr; the latest was in April 2018.
The last known website on record is deazzle.in.
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- Registered AddressFlat No.101 Vanashree S No.94/20 Lane 11 Prabhat Road Erandwana, Pune, Maharashtra, India – 411004
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Financials of Deazzle Services Private Limited FY 2022 filings available
Deazzle Services Private Limited reported revenue of ₹7.25 Cr (up 67950% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Deazzle Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 551% over three years. 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 of Deazzle Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹7.25 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.09 Cr | •••• | •••• | •••• | •••• |
| 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 Deazzle Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 84% | •••• | •••• | •••• | •••• |
| 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 Deazzle Services are in the company report.
Financial statements from FY 2016
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 Deazzle Services Private Limited
Deazzle Services Private Limited is audited by Joshi Apte and Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Joshi Apte and Co | 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 Deazzle Services Private Limited
Deazzle Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Suresh Deshpande Also directs: Persistent Systems Limited, Mahratta Chamber of Commerce Industries and Agriculture, Icga Foundation and 4 more | Director | 05 May 2015 | 11 Years 5 Months | As last reported |
| Sonali Anand Deshpande Also directs: Persistent India Foundation, Deasra Foundation, Jinsei Bioscience Private Limited and 1 more | Director | 05 May 2015 | 11 Years 5 Months | As last reported |
| Shripad Ramkrishna Joshi Also directs: Deasra Foundation | Director | 09 May 2015 | 11 Years 5 Months | As last reported |
Ownership and Shareholding of Deazzle Services 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 Deazzle Services Private Limited
Deazzle Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Deazzle Services Private Limited
Deazzle Services Private Limited has 3 deals on record (1 acquisition, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹16.87 Cr; the latest was in April 2018.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹9.47 Cr | Investors: Deasra Foundation, an individual |
| Jul 2015 | Acquisition | ₹2.17 Cr | Buyer: Deasra Foundation |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Deazzle Services Private Limited
Deazzle Services operates one associated brand: DeAzzle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software solutions tailored for local businesses and service providers. | deazzle.in |
Employees and EPFO Compliance at Deazzle Services Private Limited
Deazzle Services Private Limited has a workforce of 8 employees as of Apr 09, 2024.
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 Deazzle Services Private Limited
Deazzle Services Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Chetana Vijay Pawar ceased to be Additional Director on 08 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Deazzle Services 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 Deazzle Services 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 Deazzle Services 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 Deazzle Services Private Limited
Deazzle Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Deazzle Services 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 Deazzle Services Private Limited
Deazzle Services 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.
Deazzle Services was a private limited company based in Pune, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 05 May 2015 and is registered under CIN U72291PN2015PTC154918. The company has been struck off by the Registrar of Companies and is no longer operational.
Deazzle Services had 3 directors:
- Anand Suresh Deshpande - Director
- Sonali Anand Deshpande - Director
- Shripad Ramkrishna Joshi - Director
The CIN (Corporate Identification Number) of Deazzle Services is U72291PN2015PTC154918. 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 Deazzle Services is at Flat No.101 Vanashree S No.9420 Lane 11 Prabhat Road Erandwana, Pune, Maharashtra, India – 411004.
Deazzle Services was incorporated on 05 May 2015. It is registered with the Registrar of Companies, Pune.
Deazzle Services can be reached through the website deazzle.in. Its registered office is in Pune, Maharashtra, India.
Deazzle Services reported revenue of ₹7.25 Cr for FY 2022 (up 67950% YoY).
Deazzle Services has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.9 Cr.
Deazzle Services reported a net profit of ₹6.09 Cr (net margin 84%) and EBITDA of -₹1.07 Cr (EBITDA margin -14.8%) for FY 2022, as per its filed financial statements.