About Sip Technologies & Exports Limited
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Sip Technologies & Exports Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN1995PLC033181. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹3.8 Cr. It is led by directors including Sukumar Kettandapatti Chakravarthy (Managing Director) and Raghunathan Kettandapatti Chakravarthy.
Its last annual general meeting (AGM) was held on 03 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Old No.17 New No. 35 First Main Road Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2018, the company reported a revenue of ₹45,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Lakh (net margin -483.3%) and EBITDA of -₹2.17 Lakh (EBITDA margin -483.3%).
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siptech.com.
Company details
Contact details
Sip Technologies & Exports Limited's registered office is in Chennai, Tamil Nadu. Its website is siptech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOld No.17 New No. 35 First Main Road Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sip Technologies & Exports 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 Sip Technologies & Exports Limited
FY 2018 filings availableSip Technologies & Exports Limited reported revenue of ₹45,000 (down 98% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. EBITDA rose 43% in the latest 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 | ₹45,000 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.17 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.17 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 | -483.3% | |||
| Net Profit Margin | -483.3% | |||
| 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 Sip Technologies & Exports Limited, buy the company report.
Board of directors of Sip Technologies & Exports Limited
Sip Technologies & Exports has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunathan Kettandapatti Chakravarthy Also directs: Infusion Foods Private Limited, Southern Industrial Polymers Private Limited, Bio-Nics Equipments Private Limited and 1 more | Director | 10 Oct 1995 | 31 Years 0 Months | Current |
| Sukumar Kettandapatti Chakravarthy | Managing Director | 10 Oct 1995 | 31 Years 0 Months | Current |
| Ganapathi Sundaram Vibhu | Director | 27 Apr 2012 | 14 Years 5 Months | Current |
Peer comparison
Sip Technologies & Exports Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qilo Technologies Private Limited | ₹46,465 (FY 2022) | Faridabad, Haryana, India | ||||
| Xicom Technologies Limited | ₹45,348 (FY 2025) | -98.0% | New Delhi, Delhi, India | |||
| Sip Technologies & Exports Limitedthis company | ₹45,000 (FY 2018) | -₹2.17 Lakh | -483.3% | -98.0% | Chennai, Tamil Nadu, India | |
| Grapes Cloud Computing Private Limited | ₹45,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Inforaise Solutions Private Limited | ₹44,734 (FY 2024) | 23.0% | Hyderabad, Telangana, India | |||
| Aviz Software Private Limited | ₹44,600 (FY 2022) | -84.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sip Technologies & Exports Limited, buy the company report.
Auditor
Sip Technologies & Exports Limited is audited by P B VIJAYARAGHAVAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P B VIJAYARAGHAVAN & CO | FY 2018 | 004721S |
Shareholding
The shareholding of Sip Technologies & Exports 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 Sip Technologies & Exports Limited, buy the company report.
Legal cases
Sip Technologies & Exports Limited has 2 court cases on record: 1 filed by Sip Technologies & Exports, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil suit | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Disposed |
To see the full case history of Sip Technologies & Exports Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sip Technologies & Exports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sip Technologies & Exports 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 Sip Technologies & Exports Limited, buy the company report.
Recent activity
Sip Technologies & Exports Limited has 10 board changes on record since 1995: 3 appointments and 7 cessations. The latest: Ganapathi Sundaram Vibhu was appointed as Director on 27 Apr 2012.
1 earlier event is in the company report.
Frequently asked questions
Sip Technologies & Exports is an active public limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 October 1995 (31+ years old) and is registered under CIN U72300TN1995PLC033181.
Sip Technologies & Exports has 3 current directors:
- Sukumar Kettandapatti Chakravarthy - Managing Director
- Raghunathan Kettandapatti Chakravarthy - Director
- Ganapathi Sundaram Vibhu - Director
The latest financial statements of Sip Technologies & Exports on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 03 September 2018. Year-wise statements from 2015 are in the company report.
No. Sip Technologies & Exports has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sip Technologies & Exports is U72300TN1995PLC033181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sip Technologies & Exports has 2 court cases on record: 1 filed by the company and 1 filed against it.
Sip Technologies & Exports was incorporated on 10 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sip Technologies & Exports by revenue are Qilo Technologies Private Limited, Xicom Technologies Limited, Grapes Cloud Computing Private Limited, Inforaise Solutions Private Limited, Aviz Software Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Ganapathi Sundaram Vibhu was appointed as Director on 27 Apr 2012. V Selvakumar ceased to be Company Secretary on 29 Feb 2012. Bhanurekha Balachandran ceased to be Additional Director on 30 Sep 2009. Sip Technologies & Exports has 10 board changes on record in total.
Sip Technologies & Exports can be reached through the website siptech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Sip Technologies & Exports is at Old No.17 New No. 35 First Main Road Raja Annamalaipuram, Chennai, Tamil Nadu, India – 600028.