About Spearsearch Sourcing Private Limited
Data last updated:
Spearsearch Sourcing 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 IT services segment of the services sector. It was incorporated on 16 April 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC079861. The company has 1 GST registration on record, which is no longer active.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 Kavitha Radhakrishnan and Surekha Ranganath.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No.589 Aecs Layout 60 Feet Road Kundalahally, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.44 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.24 Lakh (net margin -118%) and EBITDA of -₹5.04 Lakh (EBITDA margin -113.5%).
The last known website on record is elpisitsolutions.com.
Company details
Contact details
Spearsearch Sourcing Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressNo.589 Aecs Layout 60 Feet Road Kundalahally, Bangalore, Karnataka, India – 560037
- IndustryService, Information Technology Services
To see the full contact details of Spearsearch Sourcing 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 Spearsearch Sourcing Private Limited
FY 2019 filings availableSpearsearch Sourcing Private Limited reported revenue of ₹4.44 Lakh (up 198% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 198% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹4.44 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.04 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.24 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -113.5% | |
| Net Profit Margin | -118% | |
| 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 Spearsearch Sourcing Private Limited, buy the company report.
Board of directors of Spearsearch Sourcing Private Limited
Spearsearch Sourcing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavitha Radhakrishnan Also directs: Elpis IT Solutions Private Limited | Director | 16 Apr 2015 | 11 Years 6 Months | As last reported |
| Surekha Ranganath Also directs: Goldensands Agrotech India Private Limited | Director | 16 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Spearsearch Sourcing Private Limited is audited by JYOLSANA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOLSANA & ASSOCIATES | FY 2017 | FRN013718S |
Shareholding
The shareholding of Spearsearch Sourcing 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 Spearsearch Sourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spearsearch Sourcing 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 Spearsearch Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spearsearch Sourcing 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 Spearsearch Sourcing Private Limited, buy the company report.
Recent activity
Spearsearch Sourcing Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Kavitha Radhakrishnan was appointed as Director on 16 Apr 2015.
Frequently asked questions
Spearsearch Sourcing 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.
Spearsearch Sourcing was a private limited company based in Bangalore, Karnataka, India. The company worked in information technology services, within the service industry. It was incorporated on 16 April 2015 and is registered under CIN U74900KA2015PTC079861. The company has been struck off by the Registrar of Companies and is no longer operational.
Spearsearch Sourcing had 2 directors:
- Kavitha Radhakrishnan - Director
- Surekha Ranganath - Director
The CIN (Corporate Identification Number) of Spearsearch Sourcing is U74900KA2015PTC079861. 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 Spearsearch Sourcing is at No.589 Aecs Layout 60 Feet Road Kundalahally, Bangalore, Karnataka, India – 560037.
Spearsearch Sourcing was incorporated on 16 April 2015. It is registered with the Registrar of Companies, Bangalore.
Spearsearch Sourcing can be reached through the website elpisitsolutions.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Spearsearch Sourcing on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Spearsearch Sourcing has 1 GST registration on record and it is cancelled or inactive.
Spearsearch Sourcing operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.