About Sourcegain Consulting Private Limited
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Sourcegain Consulting Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 09 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72400DL2016PTC298171. Its GSTIN is 07AAXCS0234N1ZS (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.95 Lakh. It is led by directors Rahul Sethi and Poonam Sethi.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1301 Naurang House 21 Kg Marg, Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2019, the company reported a revenue of ₹91.16 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹12.79 Lakh (net margin -14%) and EBITDA of -₹3.83 Lakh (EBITDA margin -4.2%).
The company is associated with 1 brand: Source Gain. Court records list 1 case involving the company, including 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 sourcegain.com.
Company details
Contact details
Sourcegain Consulting Private Limited's registered office is in New Delhi, Delhi. Its website is sourcegain.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1301 Naurang House 21 Kg Marg, Connaught Place, New Delhi, Delhi, India – 110001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Sourcegain Consulting 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
Brands
Sourcegain Consulting operates one associated brand: Source Gain. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a recruitment platform to help companies find and hire talent. | sourcegain.com |
Business activity
The main business activity of Sourcegain Consulting is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Sourcegain Consulting Private Limited, buy the company report.
Financials of Sourcegain Consulting Private Limited
FY 2019 filings availableSourcegain Consulting Private Limited reported revenue of ₹91.16 Lakh (down 58% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. EBITDA fell 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹91.16 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.83 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12.79 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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| Investments | |||
| Inventories | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -4.2% | ||
| Net Profit Margin | -14% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sourcegain Consulting Private Limited, buy the company report.
Board of directors of Sourcegain Consulting Private Limited
Sourcegain Consulting has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Sethi | Director | 09 Apr 2016 | 10 Years 6 Months | Current |
| Poonam Sethi | Director | 09 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Sourcegain Consulting Private Limited is audited by LOCHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOCHAN & CO | FY 2019 | 008019N |
Shareholding
The shareholding of Sourcegain Consulting Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sourcegain Consulting Private Limited, buy the company report.
Legal cases
Sourcegain Consulting Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Disposed |
To see the full case history of Sourcegain Consulting Private 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 Sourcegain Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sourcegain Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAXCS0234N1ZS | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sourcegain Consulting Private Limited, buy the company report.
Recent activity
Sourcegain Consulting Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Poonam Sethi was appointed as Director on 09 Apr 2016.
Frequently asked questions
Sourcegain Consulting is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 09 April 2016 (10+ years old) and is registered under CIN U72400DL2016PTC298171.
Sourcegain Consulting has 2 current directors:
- Rahul Sethi - Director
- Poonam Sethi - Director
The latest financial statements of Sourcegain Consulting on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sourcegain Consulting is 07AAXCS0234N1ZS, registered in Delhi.
The CIN (Corporate Identification Number) of Sourcegain Consulting is U72400DL2016PTC298171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcegain Consulting has 1 court case on record: 1 filed against it.
Sourcegain Consulting was incorporated on 09 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Poonam Sethi was appointed as Director on 09 Apr 2016. Rahul Sethi was appointed as Director on 09 Apr 2016.
Sourcegain Consulting can be reached through the website sourcegain.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Sourcegain Consulting is at 1301 Naurang House 21 Kg Marg, Connaught Place, New Delhi, Delhi, India – 110001.