Techreco Solutions Private Limited
About Techreco Solutions Private Limited
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Techreco Solutions 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 August 2015.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2015PTC084313. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.15 Lakh. It was led by directors Rajiv Sharma and Niraj Harlalka.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.44 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹2.24 Lakh (net margin -155.1%) and EBITDA of -₹3.53 Lakh (EBITDA margin -244.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 34% over five years.
The company had about 6 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: JollyFood Fellow. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in July 2016.
Company details
Contact details
Techreco Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA10 Flat No 162 Orchid Greenfields Applewoods, Bopal India, Ahmedabad, Gujarat, India – 380058
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techreco Solutions 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
Techreco Solutions operates one associated brand: JollyFood Fellow. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub helping restaurants gain visibility and manage loyalty programs. | jollyfoodfellow.com |
Financials of Techreco Solutions Private Limited
FY 2023 filings availableTechreco Solutions Private Limited reported revenue of ₹1.44 Lakh (down 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 94% 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
| 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 | ₹1.44 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.24 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -244.6% | ||||
| Net Profit Margin | -155.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Techreco Solutions Private Limited, buy the company report.
Board of directors of Techreco Solutions Private Limited
Techreco Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Sharma | Director | 25 Aug 2015 | 11 Years 2 Months | As last reported |
| Niraj Harlalka | Director | 25 Aug 2015 | 11 Years 2 Months | As last reported |
Auditor
Techreco Solutions Private Limited is audited by Darshan Bakul & Associates. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Darshan Bakul & Associates. | FY 2022 | 129767W |
Shareholding
The shareholding of Techreco Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techreco Solutions Private Limited, buy the company report.
Deals & funding
Techreco Solutions Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in July 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Funding round | ₹96.5 Lakh | Investors: an individual |
| Mar 2016 | Funding round | ₹2.7 Lakh | Investors: an individual |
| Jan 2016 | Funding round | ₹6 Lakh | Investors: an individual |
| Nov 2015 | Rights issue | ₹4 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Techreco Solutions 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 Techreco Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techreco Solutions Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Techreco Solutions 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 Techreco Solutions Private Limited, buy the company report.
Recent activity
Techreco Solutions Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Paras Patel ceased to be Director on 18 Aug 2020.
Frequently asked questions
Techreco 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.
Techreco Solutions was a private limited company based in Ahmedabad, Gujarat, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 25 August 2015 and is registered under CIN U74900GJ2015PTC084313. The company has been struck off by the Registrar of Companies and is no longer operational.
Techreco Solutions had 2 directors:
- Rajiv Sharma - Director
- Niraj Harlalka - Director
The CIN (Corporate Identification Number) of Techreco Solutions is U74900GJ2015PTC084313. 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 Techreco Solutions is at A10 Flat No 162 Orchid Greenfields Applewoods, Bopal India, Ahmedabad, Gujarat, India – 380058.
Techreco Solutions was incorporated on 25 August 2015. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Techreco Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
No. Techreco Solutions has 1 GST registration on record and it is cancelled or inactive.
Techreco Solutions operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Techreco Solutions has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in July 2016.