Vakateq Solutions Private Limited

Vakateq Solutions Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC123191 Incorporated 04 April 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Pending Strike Off Private Limited Company business services
Data last updated
Revenue · FY 2024
₹45,720
▲ 175.41% YoY
Net loss · FY 2024
₹95,130
Net margin -208.1%
EBITDA · FY 2024
-₹95,130
EBITDA margin -208.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Vakateq Solutions Private Limited

Data last updated:

Vakateq Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the service-based operations segment of the business services sector. It was incorporated on 04 April 2019.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC123191.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vandana Singhal and Karuna Milind Mudaliar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 10/05 Platinum City Hmt Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.

As per the financials filed for FY 2024, the company reported a revenue of ₹45,720. For the same year it recorded a net loss of ₹95,130 (net margin -208.1%) and EBITDA of -₹95,130 (EBITDA margin -208.1%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years.

Company details

CIN U74999KA2019PTC123191
Registration Number 123191
Incorporation Date 04 April 2019
ROC Bangalore
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Vakateq Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    E – 10/05 Platinum City Hmt Road Yeshwanthpur, Bangalore, Karnataka, India – 560022
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Vakateq Solutions Private Limited, buy the company report.

Comprehensive company report
Vakateq Solutions Private Limited - one report that includes everything
  • 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

The main business activity of Vakateq Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Vakateq Solutions Private Limited, buy the company report.

Financials of Vakateq Solutions Private Limited

FY 2024 filings available

Vakateq Solutions Private Limited reported revenue of ₹45,720 for FY 2024.

Revenue · FY 2024
₹45,720
Net loss · FY 2024
₹95,130 margin -208.1%
EBITDA · FY 2024
-₹95,130 margin -208.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 67%
EBITDA CAGR growth
1 year
▼ 129%
3 years · compounded
▼ 61%

Revenue has declined at a compounded annual rate (CAGR) of 67% over three years. EBITDA fell 129% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹95,130
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹95,130
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-208.1%
Net Profit Margin-208.1%
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

To see the full financial statements and ratios of Vakateq Solutions Private Limited, buy the company report.

Board of directors of Vakateq Solutions Private Limited

Vakateq Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vandana SinghalDirector04 Apr 20197 Years 6 MonthsCurrent
Karuna Milind MudaliarDirector04 Apr 20197 Years 6 MonthsCurrent

Peer comparison

Vakateq Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gangotri Agrifoods Private Limited₹45,850 (FY 2025)-11.0%Balod, Chhattisgarh, India
Moneybhai Securities Private Limited₹45,825 (FY 2016)-94.0%Ulhasnagar, Maharashtra, India
Dyb Consultancy Private Limited₹45,800 (FY 2020)13.0%Kudus, Maharashtra, India
Regulf Offshore and Onshore Design Solution India Private Limited₹45,763 (FY 2024)-90.0%Ernakulam, Kerala, India
Vakateq Solutions Private Limitedthis company₹45,720 (FY 2024)-₹95,130-208.1%Bangalore, Karnataka, India
Pushpendra and Umaid Sons Private Limited₹45,710 (FY 2022)14.0%Gurugram, Haryana, India
Swipetouch Edutech Private Limited₹45,707 (FY 2025)78.0%Dhanbad, Jharkhand, India
G2h Medtech Private Limited₹45,676 (FY 2022)Noida, Uttar Pradesh, India
La Affaire Fashions Private Limited₹45,673 (FY 2019)New Delhi, Delhi, India
Zenbiz Technologies Private Limited₹45,626 (FY 2025)Ernakulam, Kerala, India

To see the full peer comparison of Vakateq Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vakateq Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Vakateq Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Vakateq Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Karuna Milind Mudaliar was appointed as Director on 04 Apr 2019.

AGM
Vakateq Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vakateq Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Karuna Milind Mudaliar was appointed as Director.
Appointed
Vandana Singhal was appointed as Director.
Incorporation
04 Apr 2019
Vakateq Solutions Private Limited was registered on 04 Apr 2019 with Roc Bangalore & aged 7 years 6 months as per MCA records.

Frequently asked questions

Vakateq Solutions is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Vakateq Solutions is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 04 April 2019 and is registered under CIN U74999KA2019PTC123191. The company may be struck off soon - caution is advised.

Vakateq Solutions has 2 current directors:

The CIN (Corporate Identification Number) of Vakateq Solutions is U74999KA2019PTC123191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vakateq Solutions was incorporated on 04 April 2019. It is registered with the Registrar of Companies, Bangalore.

The registered office of Vakateq Solutions is at E – 1005 Platinum City Hmt Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.

The latest financial statements of Vakateq Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

Vakateq Solutions operates in the business services industry, in the other services segment.

The peers of Vakateq Solutions by revenue are Gangotri Agrifoods Private Limited, Moneybhai Securities Private Limited, Dyb Consultancy Private Limited, Regulf Offshore and Onshore Design Solution India Private Limited, Pushpendra and Umaid Sons Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).

Karuna Milind Mudaliar was appointed as Director on 04 Apr 2019. Vandana Singhal was appointed as Director on 04 Apr 2019.

Vakateq Solutions can be reached at its registered office: E – 1005 Platinum City Hmt Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.