About Yasco Solutions Private Limited
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Yasco Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 30 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2014PTC075122. Its GSTIN is 29AAACY6828P1ZF (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Enaganti Bhaskar Naidu and Akili Venkateswara Prasad.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1101 Golden Business Square 24th Main 1st Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2021, the company reported a revenue of ₹90,000, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹54,967 (net margin -61.1%) and EBITDA of -₹50,445 (EBITDA margin -56%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 54% over five years.
The company is associated with 1 brand: Yasco Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yasco.in.
Company details
Contact details
Yasco Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is yasco.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1101 Golden Business Square 24th Main 1st Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Yasco 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
Yasco Solutions operates one associated brand: Yasco Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom digital solutions in social, mobility, cloud, and analytics for businesses. | yasco.in |
Financials of Yasco Solutions Private Limited
FY 2021 filings availableYasco Solutions Private Limited reported revenue of ₹90,000 (down 68% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 68% fall in the latest year. EBITDA rose 88% 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 | -₹50,445 | ||||
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| Net Profit (PAT) | -₹54,967 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -56% | ||||
| Net Profit Margin | -61.1% | ||||
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To see the full financial statements and ratios of Yasco Solutions Private Limited, buy the company report.
Board of directors of Yasco Solutions Private Limited
Yasco Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Enaganti Bhaskar Naidu | Director | 30 Jun 2014 | 12 Years 3 Months | Current |
| Akili Venkateswara Prasad Also directs: Sociallygood Dmarketplace Private Limited | Director | 27 Sep 2017 | 9 Years 0 Months | Current |
Auditor
Yasco Solutions Private Limited is audited by SJH&Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SJH&Co | FY 2017 | 012106S |
Shareholding
The shareholding of Yasco Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Yasco Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Yasco 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 Yasco Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yasco Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACY6828P1ZF | Karnataka | Active | 19 Aug 2017 |
To see the full GST registrations and return filing status of Yasco Solutions Private Limited, buy the company report.
Recent activity
Yasco Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Devananda Reddy Gaddam ceased to be Director on 31 Oct 2017.
Frequently asked questions
Yasco Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 30 June 2014 (12+ years old) and is registered under CIN U72900KA2014PTC075122.
Yasco Solutions has 2 current directors:
- Enaganti Bhaskar Naidu - Director
- Akili Venkateswara Prasad - Director
The latest financial statements of Yasco Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Yasco Solutions is 29AAACY6828P1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Yasco Solutions is U72900KA2014PTC075122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yasco Solutions was incorporated on 30 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Devananda Reddy Gaddam ceased to be Director on 31 Oct 2017. Akili Venkateswara Prasad was appointed as Director on 27 Sep 2017. Enaganti Bhaskar Naidu was appointed as Director on 30 Jun 2014.
Yasco Solutions can be reached through the website yasco.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Yasco Solutions is at 1101 Golden Business Square 24th Main 1st Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
Yasco Solutions operates in the information technology industry, in the computer programming segment.