About Utec Asia Technologies Private Limited
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Utec Asia Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of M/S. Utec Corporation Llc. 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 scientific services segment of the professional services sector. It was incorporated on 28 July 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2015PTC101574. The company has 1 GST registration on record, which is no longer active.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 Suresh Subramanian and Visalam Mahalingam.
Its last annual general meeting (AGM) was held on 23 May 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No. 04 Anandan Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2020, the company reported a revenue of ₹95,300, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹41,133 (net margin -43.2%) and EBITDA of -₹41,133 (EBITDA margin -43.2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
The last known website on record is utec-corp.com.
Company details
Contact details
Utec Asia Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is utec-corp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 04 Anandan Street T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryProfessional Services, Scientific, Technical, Personal
To see the full contact details of Utec Asia Technologies 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
Financials of Utec Asia Technologies Private Limited
FY 2020 filings availableUtec Asia Technologies Private Limited reported revenue of ₹95,300 (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 98% fall in the latest year. EBITDA fell 101% 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
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| EBITDA | -₹41,133 | ||||
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| Net Profit (PAT) | -₹41,133 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -43.2% | ||||
| Net Profit Margin | -43.2% | ||||
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To see the full financial statements and ratios of Utec Asia Technologies Private Limited, buy the company report.
Board of directors of Utec Asia Technologies Private Limited
Utec Asia Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Visalam Mahalingam Also directs: Jayajothy Agencies Private Limited | Additional Director | 01 Nov 2021 | 4 Years 11 Months | As last reported |
| Suresh Subramanian | Director | 13 Jul 2017 | 9 Years 3 Months | As last reported |
Auditor
Utec Asia Technologies Private Limited is audited by S Vijayraghavan & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Vijayraghavan & Co | FY 2017 | 015734S |
Shareholding
The shareholding of Utec Asia Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Utec Asia Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Utec Asia Technologies 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 Utec Asia Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utec Asia Technologies 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 Utec Asia Technologies Private Limited, buy the company report.
Recent activity
Utec Asia Technologies Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Revathi Rajaraman Iyer ceased to be Director on 01 Nov 2021.
Frequently asked questions
Utec Asia Technologies 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.
Utec Asia Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in scientific, within the professional services industry. It was incorporated on 28 July 2015 and is registered under CIN U74900TN2015PTC101574. The company has been struck off by the Registrar of Companies and is no longer operational.
Utec Asia Technologies had 2 directors:
- Visalam Mahalingam - Additional Director
- Suresh Subramanian - Director
The CIN (Corporate Identification Number) of Utec Asia Technologies is U74900TN2015PTC101574. 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 Utec Asia Technologies is at No. 04 Anandan Street T.Nagar, Chennai, Tamil Nadu, India – 600017.
Utec Asia Technologies was incorporated on 28 July 2015. It is registered with the Registrar of Companies, Chennai.
Utec Asia Technologies can be reached through the website utec-corp.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Utec Asia Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 23 May 2020. Year-wise statements from FY 2016 are in the company report.
No. Utec Asia Technologies has 1 GST registration on record and it is cancelled or inactive.
Utec Asia Technologies operated in the professional services industry, in the scientific segment. It worked in this industry before it was struck off.