About Svapas Innovations Private Limited
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Svapas Innovations Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of 5S Ventures Llc Usa. 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 July 2006.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN2006PTC060767. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.66 Cr. It was led by directors Ravi Venkatesh Condamoor and Rajesh Jayaraman.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Flat No.7 Second Floor Br Complex No.33 C P Ramaswamy Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.09 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹4.32 Lakh (net margin -3.9%) and EBITDA of ₹6.33 Lakh (EBITDA margin 5.8%).
The company was associated with 1 brand: Svapas Innovations.
The last known website on record is svapas.com.
Company details
Contact details
Svapas Innovations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is svapas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.7 Second Floor Br Complex No.33 C P Ramaswamy Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Svapas Innovations 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
Svapas Innovations operates one associated brand: Svapas Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | svapas.com |
Business activity
The main business activity of Svapas Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Svapas Innovations Private Limited, buy the company report.
Financials of Svapas Innovations Private Limited
FY 2016 filings availableSvapas Innovations Private Limited reported revenue of ₹1.09 Cr (down 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.09 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6.33 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.32 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
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| Investments | ||
| Inventories | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.8% | |
| Net Profit Margin | -3.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Svapas Innovations Private Limited, buy the company report.
Board of directors of Svapas Innovations Private Limited
Svapas Innovations has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Venkatesh Condamoor Also directs: Serendio Software Private Limited | Director | 09 Feb 2016 | 10 Years 8 Months | As last reported |
| Rajesh Jayaraman | Additional Director | 29 May 2015 | 11 Years 5 Months | As last reported |
Peer comparison
Svapas Innovations Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Candour Services Private Limited | ₹1.1 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Paavu Technologies Private Limited | ₹1.09 Cr (FY 2025) | -34.0% | New Delhi, Delhi, India | |||
| Svapas Innovations Private Limitedthis company | ₹1.09 Cr (FY 2016) | -₹4.32 Lakh | -3.9% | -18.0% | Chennai, Tamil Nadu, India | |
| Incipio Technologies Private Limited | ₹1.09 Cr (FY 2024) | -17.0% | Hyderabad, Telangana, India | |||
| Rococo Consultant Private Limited | ₹1.09 Cr (FY 2024) | 247.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Svapas Innovations Private Limited, buy the company report.
Auditor
Svapas Innovations Private Limited is audited by K S VASAN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S VASAN & CO | FY 2016 | 004546S |
Shareholding
The shareholding of Svapas Innovations Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Svapas Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Svapas Innovations 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 Svapas Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Svapas Innovations 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 Svapas Innovations Private Limited, buy the company report.
Recent activity
Svapas Innovations Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Arvind Mohan ceased to be Director on 17 May 2016.
Frequently asked questions
Svapas Innovations 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.
Svapas Innovations was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 28 July 2006 and is registered under CIN U74210TN2006PTC060767. The company has been struck off by the Registrar of Companies and is no longer operational.
Svapas Innovations had 2 directors:
- Ravi Venkatesh Condamoor - Director
- Rajesh Jayaraman - Additional Director
The CIN (Corporate Identification Number) of Svapas Innovations is U74210TN2006PTC060767. 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 Svapas Innovations is at Flat No.7 Second Floor Br Complex No.33 C P Ramaswamy Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
Svapas Innovations was incorporated on 28 July 2006. It is registered with the Registrar of Companies, Chennai.
Svapas Innovations can be reached through the website svapas.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Svapas Innovations on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Svapas Innovations has 1 GST registration on record and it is cancelled or inactive.
Svapas Innovations operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of Svapas Innovations by revenue are Candour Services Private Limited, Paavu Technologies Private Limited, Incipio Technologies Private Limited, Rococo Consultant Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
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