About Srit Enterprise Solutions Private Limited
Data last updated:
Srit Enterprise Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Srit India Private Limited. 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 consulting and support services segment of the technology and IT services sector. It was incorporated on 22 February 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1999PTC024794. Its GSTIN is 29AACCA8897L1ZS (Karnataka).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.9 Lakh. It was formerly known as Ayur Vision (India) Private Limited. It was led by directors Martin Poovakulam Chacko and Prasaktha Nambiar.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Srit House No. 113/1B Itpl Main Road Kundalahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹61.19 Lakh (net margin -49.4%) and EBITDA of -₹59.44 Lakh (EBITDA margin -48%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 19% over five years.
The last known website on record is renaissance-it.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSrit House No. 113/1B Itpl Main Road Kundalahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Srit Enterprise Solutions Private Limited FY 2024 filings available
Srit Enterprise Solutions Private Limited reported revenue of ₹1.24 Cr (up 1483% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Srit Enterprise Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Srit Enterprise Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹59.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹61.19 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 of Srit Enterprise Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -49.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Srit Enterprise Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Srit Enterprise Solutions Private Limited
Srit Enterprise Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Martin Poovakulam Chacko | Director | 15 Mar 2011 | 15 Years 7 Months | As last reported |
| Prasaktha Nambiar Also directs: Srit India Limited, Rict India Private Limited, Ojus Healthcare Private Limited and 1 more | Director | 25 Sep 2009 | 17 Years 0 Months | As last reported |
Peer Comparison of Srit Enterprise Solutions Private Limited
Srit Enterprise Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Misuni Technologies Private Limited | ₹1.24 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Mosware Software Systems Private Limited | ₹1.24 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Hyderabad, Telangana, India |
| Etech Energy Consultancy Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 106.0% | •••• | Anand, Gujarat, India |
| Valignit Technologies Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Expernize Innovations Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Sangrur, Punjab, India |
| Srit Enterprise Solutions Private Limited this company | ₹1.24 Cr (FY 2024) | •••• | •••• | 1483.0% | •••• | Bangalore, Karnataka, India |
| Secure Source Technologies Private Limited | ₹1.24 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
| Fab-India Technologies Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 285.0% | •••• | Mumbai, Maharashtra, India |
| Bitstar Technologies Private Limited | ₹1.23 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
| Alsum Infotech Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Chennai, Tamil Nadu, India |
| Emeis Technologies Private Limited | ₹1.23 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Srit Enterprise Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Srit Enterprise Solutions Private Limited
Srit Enterprise Solutions Private Limited is audited by GASP & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GASP & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Srit Enterprise Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Srit Enterprise Solutions Private Limited
Srit Enterprise Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Srit Enterprise Solutions Private Limited
Employment history and EPFO contributions of people linked to Srit Enterprise Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Srit Enterprise Solutions Private Limited
Srit Enterprise Solutions Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Chandan Dash ceased to be Additional Director on 27 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Srit Enterprise Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Srit Enterprise Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Srit Enterprise Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Srit Enterprise Solutions Private Limited
Srit Enterprise Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCA8897L1ZS | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Srit Enterprise Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Srit Enterprise Solutions Private Limited
Srit Enterprise 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.
Srit Enterprise Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 22 February 1999 and is registered under CIN U85110KA1999PTC024794. The company has been struck off by the Registrar of Companies and is no longer operational.
Srit Enterprise Solutions had 2 directors:
- Martin Poovakulam Chacko - Director
- Prasaktha Nambiar - Director
The CIN (Corporate Identification Number) of Srit Enterprise Solutions is U85110KA1999PTC024794. 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 Srit Enterprise Solutions is at Srit House No. 1131B Itpl Main Road Kundalahalli, Bangalore, Karnataka, India – 560037.
Srit Enterprise Solutions was incorporated on 22 February 1999. It is registered with the Registrar of Companies, Bangalore.
Srit Enterprise Solutions can be reached through the website renaissance-it.com. Its registered office is in Bangalore, Karnataka, India.
Srit Enterprise Solutions reported revenue of ₹1.24 Cr for FY 2024 (up 1483% YoY).
Srit Enterprise Solutions has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.9 Lakh.
Srit Enterprise Solutions reported a net loss of ₹61.19 Lakh (net margin -49.4%) and EBITDA of -₹59.44 Lakh (EBITDA margin -48%) for FY 2024, as per its filed financial statements.
The GSTIN of Srit Enterprise Solutions is 29AACCA8897L1ZS, registered in Karnataka.