
About 3Tier R&D India Private Limited
Data last updated:
3Tier R&D India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Vaisala Oyj. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 11 April 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2008PTC046033. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Milan Suryakant Bhise and Kaarina Sirpa Muurinen.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No. 101 Yashila 1/1 1st Main Koramangala 8th Block, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.55 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹70.72 Lakh (net margin 4.9%) and EBITDA of ₹7.12 Cr (EBITDA margin 49%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company was associated with 1 brand: 3Tier. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is 3tier.com.
Company details
Contact details
3Tier R&D India Private Limited's registered office is in Bangalore, Karnataka. Its website is 3tier.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 101 Yashila 1/1 1st Main Koramangala 8th Block, Bangalore, Karnataka, India – 560095
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of 3Tier R&D India 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 3Tier R&D India 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 3Tier R&D India Private Limited, buy the company report.
Financials of 3Tier R&D India Private Limited
FY 2020 filings available3Tier R&D India Private Limited reported revenue of ₹14.55 Cr (up 40% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 40% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹7.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.72 Lakh | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 3Tier R&D India Private Limited, buy the company report.
Board of directors of 3Tier R&D India Private Limited
3Tier R&D India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Suryakant Bhise | Director | 11 Apr 2016 | 10 Years 6 Months | As last reported |
| Kaarina Sirpa Muurinen | Director | 02 Sep 2014 | 12 Years 1 Months | As last reported |
| Jarkko Tapio Sairanen Also directs: Vaisala India Private Limited | Director | 22 May 2017 | 9 Years 5 Months | As last reported |
Auditor
3Tier R&D India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2017 | 117366W/W100018 |
Shareholding
The shareholding of 3Tier R&D India 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 3Tier R&D India Private Limited, buy the company report.
Legal cases
3Tier R&D India Private Limited has 1 court case on record: 1 filed by 3Tier R&D India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed by the company against Registrar of Companies Bangalore | Disposed |
To see the full case history of 3Tier R&D India 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 3Tier R&D India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
3Tier R&D India 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 3Tier R&D India Private Limited, buy the company report.
Recent activity
3Tier R&D India Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Jarkko Tapio Sairanen ceased to be Additional Director on 29 Sep 2017.
5 earlier events are in the company report.
Frequently asked questions
3Tier R&D India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
3Tier R&D India was a private limited company based in Bangalore, Karnataka, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 11 April 2008 and is registered under CIN U73100KA2008PTC046033. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
3Tier R&D India was incorporated on 11 April 2008. It is registered with the Registrar of Companies, Bangalore.
3Tier R&D India had 3 directors:
- Milan Suryakant Bhise - Director
- Kaarina Sirpa Muurinen - Director
- Jarkko Tapio Sairanen - Director
The CIN (Corporate Identification Number) of 3Tier R&D India is U73100KA2008PTC046033. 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 3Tier R&D India is at No. 101 Yashila 11 1st Main Koramangala 8th Block, Bangalore, Karnataka, India – 560095.
3Tier R&D India can be reached through the website 3tier.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of 3Tier R&D India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.
No. 3Tier R&D India has 1 GST registration on record and it is cancelled or inactive.
3Tier R&D India operated in the travel and hospitality industry, in the consumer professional services segment.