Valuesource Technologies Private Limited
About Valuesource Technologies Private Limited
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Valuesource Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Cognizant (Mauritius) Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 August 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2000PTC045528. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10.06 Lakh and a paid-up capital of ₹10.06 Lakh. It was led by directors Thirumalai Narayanan and Ramaseshan Kothandaraman.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 44 Sdb1 Sipcot IT Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.17 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3 Cr (net margin 36.7%) and EBITDA of ₹4.81 Cr (EBITDA margin 58.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company had about 17 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Valuesource Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7th Floor B Wing 40 41 42 & 44 Sdb1 Sipcot IT Park Padur Post SEZ Siruser, I, Chennai, Tamil Nadu, India – 603103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Valuesource 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
Business activity
The main business activity of Valuesource Technologies 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 Valuesource Technologies Private Limited, buy the company report.
Financials of Valuesource Technologies Private Limited
FY 2018 filings availableValuesource Technologies Private Limited reported revenue of ₹8.17 Cr (down 11% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 11% fall in the latest year. EBITDA fell 16% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹4.81 Cr | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | ₹3 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 58.9% | |||
| Net Profit Margin | 36.7% | |||
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To see the full financial statements and ratios of Valuesource Technologies Private Limited, buy the company report.
Board of directors of Valuesource Technologies Private Limited
Valuesource Technologies has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thirumalai Narayanan | Director | 09 Jul 2018 | 8 Years 4 Months | As last reported |
| Ramaseshan Kothandaraman Also directs: Servion Global Solutions Private Limited | Additional Director | 05 Dec 2018 | 7 Years 11 Months | As last reported |
Auditor
Valuesource Technologies Private Limited is audited by Price Waterhouse & Co. LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co. LLP | FY 2016 |
Shareholding
The shareholding of Valuesource 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 Valuesource Technologies Private Limited, buy the company report.
Legal cases
Valuesource Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company | Disposed |
To see the full case history of Valuesource Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Valuesource Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Valuesource 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 Valuesource Technologies Private Limited, buy the company report.
Recent activity
Valuesource Technologies Private Limited has 18 board changes on record since 2009: 2 appointments and 16 cessations. The latest: Karen Anne Mcloughlin ceased to be Director on 01 Jul 2019.
9 earlier events are in the company report.
Frequently asked questions
Valuesource Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Valuesource Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 07 August 2000 and is registered under CIN U72200TN2000PTC045528. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Valuesource Technologies was incorporated on 07 August 2000. It is registered with the Registrar of Companies, Chennai.
Valuesource Technologies had 2 directors:
- Thirumalai Narayanan - Director
- Ramaseshan Kothandaraman - Additional Director
The CIN (Corporate Identification Number) of Valuesource Technologies is U72200TN2000PTC045528. 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 Valuesource Technologies is at 7th Floor B Wing 40 41 42 & 44 Sdb1 Sipcot IT Park Padur Post SEZ Siruser, I, Chennai, Tamil Nadu, India – 603103.
The latest financial statements of Valuesource Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Valuesource Technologies has 1 GST registration on record and it is cancelled or inactive.
Valuesource Technologies operated in the information technology industry, in the IT consulting and support services segment.
Valuesource Technologies has 1 court case on record: 1 filed against it.
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