Suco Technologies India Private Limited
About Suco Technologies India Private Limited
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Suco Technologies India Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 22 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104092. Its GSTIN is 29AAYCS8499Q1ZG (Karnataka).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sidharth Vishwanath Kavalu and Ismail Imamjafar Mangalagatti.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 158 Sy No. 105 KIADB Layout Haliyal Road, Dharwad, Karnataka, India – 580003.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.58 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹7.39 Lakh (net margin -42%) and EBITDA of -₹5.29 Lakh (EBITDA margin -30.1%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
The company has about 44 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. 158 Sy No. 105 KIADB Layout Haliyal Road, Dharwad, Karnataka, India – 580003
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
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Business Activity of Suco Technologies India Private Limited
The main business activity of Suco Technologies India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Suco Technologies India Private Limited FY 2023 filings available
Suco Technologies India Private Limited reported revenue of ₹17.58 Lakh (down 78% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Suco Technologies India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 78% fall in the latest year. EBITDA fell 211% in the latest year. 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 Suco Technologies India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹5.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.39 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 Suco Technologies India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -42% | •••• | •••• | •••• | •••• |
| 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 Suco Technologies India are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Suco Technologies India Private Limited
Suco Technologies India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Loyakk Mobile Technologies India (OPC) Private Limited | ₹17.61 Lakh (FY 2020) | •••• | •••• | 24.0% | •••• | Thane, Maharashtra, India |
| Paan Legalinfo Private Limited | ₹17.6 Lakh (FY 2024) | •••• | •••• | 119.0% | •••• | Indore, Madhya Pradesh, India |
| Singulartist Design Studio Private Limited | ₹17.59 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Jhunsi, Uttar Pradesh, India |
| Blinq Ventures Private Limited | ₹17.59 Lakh (FY 2018) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Skopex Design Private Limited | ₹17.59 Lakh (FY 2018) | •••• | •••• | -42.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Suco Technologies India Private Limited this company | ₹17.58 Lakh (FY 2023) | •••• | •••• | -78.0% | •••• | Dharwad, Karnataka, India |
| Satvika IT Solutions Private Limited | ₹17.58 Lakh (FY 2025) | •••• | •••• | 74.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Sourcepage Technologies Private Limited | ₹17.57 Lakh (FY 2016) | •••• | •••• | -58.0% | •••• | Mangalore, Karnataka, India |
| Beebo Global Private Limited | ₹17.57 Lakh (FY 2018) | •••• | •••• | •••• | Jalandhar, Punjab, India | |
| Balki Enterprises Private Limited | ₹17.57 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Vikgol Technologies Private Limited | ₹17.57 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Suco Technologies India by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Suco Technologies India Private Limited
Suco Technologies India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidharth Vishwanath Kavalu Also directs: Kodegear Technologies Private Limited | Director | 10 Nov 2018 | 7 Years 11 Months | Current |
| Ismail Imamjafar Mangalagatti | Director | 22 Jun 2017 | 9 Years 3 Months | Current |
| Javidaktar Bas Hubballi | Director | 22 Jun 2017 | 9 Years 3 Months | Current |
| Jameelahamad Abdualmunaf Mujawar | Director | 28 Mar 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Suco Technologies India 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 Suco Technologies India Private Limited
Suco Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Suco Technologies India Private Limited
Suco Technologies India Private Limited has a workforce of 44 employees as of Apr 06, 2024.
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 Suco Technologies India Private Limited
Suco Technologies India Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Sidharth Vishwanath Kavalu ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Suco Technologies India 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 Suco Technologies India 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 Suco Technologies India 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 Suco Technologies India Private Limited
Suco Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS8499Q1ZG | Karnataka | Active | 23 Oct 2018 |
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 Suco Technologies India 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 Suco Technologies India Private Limited
Suco Technologies India is an active private limited company based in Dharwad, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 22 June 2017 (9+ years old) and is registered under CIN U74999KA2017PTC104092.
Suco Technologies India reported revenue of ₹17.58 Lakh for FY 2023 (down 78% YoY).
Suco Technologies India has 4 current directors:
- Sidharth Vishwanath Kavalu - Director
- Ismail Imamjafar Mangalagatti - Director
- Javidaktar Bas Hubballi - Director
- Jameelahamad Abdualmunaf Mujawar - Director
Suco Technologies India reported a net loss of ₹7.39 Lakh (net margin -42%) and EBITDA of -₹5.29 Lakh (EBITDA margin -30.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suco Technologies India is -70% over three years. In the latest year (FY 2023) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suco Technologies India is 29AAYCS8499Q1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Suco Technologies India is U74999KA2017PTC104092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suco Technologies India was incorporated on 22 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Suco Technologies India by revenue are Loyakk Mobile Technologies India (OPC) Private Limited, Paan Legalinfo Private Limited, Singulartist Design Studio Private Limited, Blinq Ventures Private Limited, Skopex Design Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Sidharth Vishwanath Kavalu ceased to be Additional Director on 30 Sep 2019. Sidharth Vishwanath Kavalu was appointed as Director on 10 Nov 2018. Jameelahamad Abdualmunaf Mujawar was appointed as Director on 28 Mar 2018. Suco Technologies India has 5 board changes on record in total.
The registered office of Suco Technologies India is at Plot No. 158 Sy No. 105 KIADB Layout Haliyal Road, Dharwad, Karnataka, India – 580003.