Paywatch Outsource Private Limited
About Paywatch Outsource Private Limited
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Paywatch Outsource 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 management consultancy segment of the business services sector. It was incorporated on 28 November 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2001PTC029822. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Saritha Udayshankar and Apoorva Udayshankar Gundmi.
Its last annual general meeting (AGM) was held on 30 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Fortune Chambers 1st Floor No.8 Lalbagh Road Richmond Circle, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2017, the company reported a revenue of ₹58,600. For the same year it recorded a net loss of ₹72,547 (net margin -123.8%) and EBITDA of -₹1.25 Lakh (EBITDA margin -213.7%).
Company details
Contact details
Paywatch Outsource Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFortune Chambers 1st Floor No.8 Lalbagh Road Richmond Circle, Bangalore, Karnataka, India – 560027
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Paywatch Outsource 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
Financials of Paywatch Outsource Private Limited
FY 2019 filings availablePaywatch Outsource Private Limited reported revenue of ₹58,600 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹58,600 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.25 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹72,547 | ||
| 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 | -213.7% | ||
| Net Profit Margin | -123.8% | ||
| 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 Paywatch Outsource Private Limited, buy the company report.
Board of directors of Paywatch Outsource Private Limited
Paywatch Outsource has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saritha Udayshankar Also directs: Udayshankar R.M. Consulting Private Limited | Director | 30 Aug 2002 | 24 Years 2 Months | As last reported |
| Anirudh Uday Shankar Gundumi Also directs: Udayshankar R.M. Consulting Private Limited | Additional Director | 31 Dec 2018 | 7 Years 10 Months | As last reported |
| Apoorva Udayshankar Gundmi | Director | 16 May 2011 | 15 Years 5 Months | As last reported |
Auditor
Paywatch Outsource Private Limited is audited by Jayaraja & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayaraja & Associates | FY 2017 | 015167S |
Shareholding
The shareholding of Paywatch Outsource 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 Paywatch Outsource Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paywatch Outsource 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 Paywatch Outsource Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paywatch Outsource 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 Paywatch Outsource Private Limited, buy the company report.
Recent activity
Paywatch Outsource Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Anirudh Uday Shankar Gundumi was appointed as Additional Director on 31 Dec 2018.
Frequently asked questions
Paywatch Outsource 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.
Paywatch Outsource was a private limited company based in Bangalore, Karnataka, India. The company worked in management consultancy, within the business services industry. It was incorporated on 28 November 2001 and is registered under CIN U74140KA2001PTC029822. The company has been struck off by the Registrar of Companies and is no longer operational.
Paywatch Outsource had 3 directors:
- Saritha Udayshankar - Director
- Anirudh Uday Shankar Gundumi - Additional Director
- Apoorva Udayshankar Gundmi - Director
The CIN (Corporate Identification Number) of Paywatch Outsource is U74140KA2001PTC029822. 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 Paywatch Outsource is at Fortune Chambers 1st Floor No.8 Lalbagh Road Richmond Circle, Bangalore, Karnataka, India – 560027.
Paywatch Outsource was incorporated on 28 November 2001. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Paywatch Outsource on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 August 2019. Year-wise statements from 2015 are in the company report.
No. Paywatch Outsource has 1 GST registration on record and it is cancelled or inactive.
Paywatch Outsource operated in the business services industry, in the management consultancy segment. It worked in this industry before it was struck off.
Anirudh Uday Shankar Gundumi was appointed as Additional Director on 31 Dec 2018. Uday Shankar Rajaram Manjeshwar ceased to be Director on 31 Dec 2018. Ravindra Bailur Kini ceased to be Director on 19 Jul 2014. Paywatch Outsource has 6 board changes on record in total.
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