About Technobrains IT Solution Private Limited
Data last updated:
Technobrains IT Solution Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 July 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2014PTC080153. The company has 1 GST registration on record, which is no longer active.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 Bhavik Chandrakant Shah and Tejas Nitinbhai Shah.
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 was at 503 Mauryansh Elanza Near Parekhs Hospital Shaymal Cross Roads Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2022, the company reported a revenue of ₹51,272, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹2,176 (net margin -4.2%) and EBITDA of -₹52,209 (EBITDA margin -101.8%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 73% over five years.
The company had about 4 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is technobrains-it-solution-private-limited-software-company.business.site.
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- Registered Address503 Mauryansh Elanza Near Parekhs Hospital Shaymal Cross Roads Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Financials of Technobrains IT Solution Private Limited FY 2023 filings available
Technobrains IT Solution Private Limited reported revenue of ₹51,272 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Technobrains IT Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 99% fall 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 Technobrains IT Solution Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹51,272 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹52,209 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,176 | •••• | •••• | •••• | •••• |
| 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 Technobrains IT Solution Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.2% | •••• | •••• | •••• | •••• |
| 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 Technobrains IT Solution 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.
Auditor Details of Technobrains IT Solution Private Limited
Technobrains IT Solution Private Limited is audited by DIPAL R SHAH & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DIPAL R SHAH & CO | 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.
Board of Directors of Technobrains IT Solution Private Limited
Technobrains IT Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Chandrakant Shah | Director | 17 Jul 2014 | 12 Years 2 Months | As last reported |
| Tejas Nitinbhai Shah Also directs: Magnusminds IT Solution LLP, Technobrains Software Solution LLP, Rdb-Magnusminds Technologies LLP and 1 more | Director | 17 Jul 2014 | 12 Years 2 Months | As last reported |
Ownership and Shareholding of Technobrains IT Solution 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 Technobrains IT Solution Private Limited
Technobrains IT Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Technobrains IT Solution Private Limited
Technobrains IT Solution Private Limited has a workforce of 4 employees as of Mar 28, 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 Technobrains IT Solution Private Limited
Technobrains IT Solution Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bhavik Chandrakant Shah was appointed as Director on 17 Jul 2014.
Credit Ratings, Litigation & Regulatory Alerts for Technobrains IT Solution 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 Technobrains IT Solution 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 Technobrains IT Solution 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 Technobrains IT Solution Private Limited
Technobrains IT Solution has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Technobrains IT Solution 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 Technobrains IT Solution Private Limited
Technobrains IT Solution 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.
Technobrains IT Solution was a private limited company based in Ahmedabad, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 17 July 2014 and is registered under CIN U72900GJ2014PTC080153. The company has been struck off by the Registrar of Companies and is no longer operational.
Technobrains IT Solution had 2 directors:
- Bhavik Chandrakant Shah - Director
- Tejas Nitinbhai Shah - Director
The CIN (Corporate Identification Number) of Technobrains IT Solution is U72900GJ2014PTC080153. 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 Technobrains IT Solution is at 503 Mauryansh Elanza Near Parekhs Hospital Shaymal Cross Roads Satellite, Ahmedabad, Gujarat, India – 380015.
Technobrains IT Solution was incorporated on 17 July 2014. It is registered with the Registrar of Companies, Ahmedabad.
Technobrains IT Solution can be reached through the website technobrains-it-solution-private-limited-software-company.business.site. Its registered office is in Ahmedabad, Gujarat, India.
Technobrains IT Solution reported revenue of ₹51,272 for FY 2022 (down 99% YoY).
Technobrains IT Solution has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Technobrains IT Solution reported a net loss of ₹2,176 (net margin -4.2%) and EBITDA of -₹52,209 (EBITDA margin -101.8%) for FY 2022, as per its filed financial statements.