About Iuite Business Solutions Private Limited
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Iuite Business Solutions 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 corporate training and development segment of the education sector. It was incorporated on 13 November 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2012PTC066666. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sujit Lalwani and Sumit Lalwani.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #82 12th C Main Road 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2017, the company reported a revenue of ₹16.08 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹17.48 Lakh (net margin -108.7%) and EBITDA of -₹16.85 Lakh (EBITDA margin -104.7%).
The last known website on record is iuindia.com.
Company details
Contact details
Iuite Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is iuindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#82 12th C Main Road 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryEducation, Corporate Training & Development
To see the full contact details of Iuite Business Solutions 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 activities of Iuite Business Solutions are professional, scientific and technical and information and communication. In detail, this covers other professional, scientific and technical activities and publishing of newspapers, books, periodicals, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Iuite Business Solutions Private Limited, buy the company report.
Financials of Iuite Business Solutions Private Limited
FY 2017 filings availableIuite Business Solutions Private Limited reported revenue of ₹16.08 Lakh (down 42% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year. EBITDA rose 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹16.08 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹16.85 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹17.48 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -104.7% | ||
| Net Profit Margin | -108.7% | ||
| 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 | |||
To see the full financial statements and ratios of Iuite Business Solutions Private Limited, buy the company report.
Board of directors of Iuite Business Solutions Private Limited
Iuite Business Solutions 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 |
|---|---|---|---|---|
| Sujit Lalwani Also directs: Ceiling Breakerz Training Solutions Private Limited | Director | 13 Nov 2012 | 13 Years 11 Months | As last reported |
| Sumit Lalwani | Director | 13 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Iuite Business Solutions Private Limited is audited by V A VENKATRAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A VENKATRAM & CO | FY 2017 | 004658S |
Shareholding
The shareholding of Iuite Business Solutions 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 Iuite Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Iuite Business Solutions 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 Iuite Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iuite Business Solutions 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 Iuite Business Solutions Private Limited, buy the company report.
Recent activity
Iuite Business Solutions Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Sumit Lalwani ceased to be Director on 23 Apr 2021.
Frequently asked questions
Iuite Business Solutions 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.
Iuite Business Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in corporate training and development, within the education industry. It was incorporated on 13 November 2012 and is registered under CIN U74140KA2012PTC066666. The company has been struck off by the Registrar of Companies and is no longer operational.
Iuite Business Solutions had 2 directors:
- Sujit Lalwani - Director
- Sumit Lalwani - Director
The CIN (Corporate Identification Number) of Iuite Business Solutions is U74140KA2012PTC066666. 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 Iuite Business Solutions is at #82 12th C Main Road 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
Iuite Business Solutions was incorporated on 13 November 2012. It is registered with the Registrar of Companies, Bangalore.
Iuite Business Solutions can be reached through the website iuindia.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Iuite Business Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Iuite Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Iuite Business Solutions operated in the education industry, in the corporate training and development segment. It worked in this industry before it was struck off.
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