42Gears Mobility Systems Private Limited Company Logo

42Gears Mobility Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2010.

2010 | Bangalore, Karnataka, India | Active
Last Updated:

About 42Gears Mobility Systems Private Limited

42Gears Mobility Systems Private Limited, a active private limited company, was established on 22 September 2010 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200KA2010PTC055249. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.13 M.

It upholds a compliant status. Employing 353 professional, Its leadership includes Onkar Singh Parhar (Director), Prakash Gupta (Director). Past directors included Onkar Singh Parhar, Ashok Poojari. It holds ₹19.40 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1St Floor, 2B, Amr Tech Park Hosur Main Road, Bommanahalli, Bangalore, Karnataka, 560068.

Company Details

  • CIN/LLPIN

    U72200KA2010PTC055249

  • Registration Number

    055249

  • Incorporation Date

    22 September 2010

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.13 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.40 Cr
  • Revenue Growth 4.20%
  • Profit Growth -31.05%
  • Ebitda -36.86%
  • Net Worth 21.59%
  • Total Assets 17.67%
Company report

42Gears Mobility Systems Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into 42Gears Mobility Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at 42Gears Mobility Systems Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Onkar Singh ParharDirector22 Sep 2010Current
Prakash GuptaDirector22 Sep 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Feb 2012Past
Pramod AbcsddCfo-Past

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Financial Performance of 42Gears Mobility Systems.

42Gears Mobility Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial fall in profitability, with a 31.05% decrease in profit. The company's net worth Soared by an impressive increase of 21.59%.

42Gears Mobility Systems revenue growth over time
42Gears Mobility Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.20%
Revenue from Operations
2.12%
Total Assets
17.67%
Profit or Loss
-31.05%
Net Worth
21.59%
EBITDA
-36.86%

What is the Ownership and Shareholding Structure of 42Gears Mobility Systems?

In 2023, 42Gears Mobility Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹194,049,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 18.00 Cr
  • Hdfc Bank Limited : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2023Hdfc Bank Limited₹1.22 CrOpen
24 Mar 2023Hdfc Bank Limited₹1.85 MOpen
26 Oct 2019Citi Bank N.A.₹18.00 CrOpen

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How Many Employees Work at 42Gears Mobility Systems?

42Gears Mobility Systems has a workforce of 353 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for 42Gears Mobility Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of 42Gears Mobility Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped 42Gears Mobility Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on 42Gears Mobility Systems

Recent Activity within the Organization

  • Annual General Meeting

    The activity 42Gears Mobility Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    42Gears Mobility Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    The activity A charge with Citi Bank N.A. of Rs. 180.00 M registered on 26 Oct 2019 with Charge ID 100308038 was modified on 01 Jun 2023. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 12.20 M with Charge ID 100713163 was registered on 29 Mar 2023. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.85 M with Charge ID 100713721 was registered on 24 Mar 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Citi Bank N.A. amounted to Rs. 180.00 M with Charge ID 100308038 was registered on 26 Oct 2019. was completed.

Frequently Asked Questions

  • What is the CIN of 42Gears Mobility Systems Private Limited?

    The CIN of 42Gears Mobility Systems Private Limited is U72200KA2010PTC055249.

  • Where is 42Gears Mobility Systems Private Limited headquartered?

    42Gears Mobility Systems Private Limited is headquartered at 1St Floor, 2B, Amr Tech Park Hosur Main Road, Bommanahalli, Bangalore, Karnataka, 560068.

  • When was 42Gears Mobility Systems Private Limited incorporated?

    42Gears Mobility Systems Private Limited was incorporated on 22 September 2010.

  • Who are the current directors of 42Gears Mobility Systems Private Limited?

    The current directors of 42Gears Mobility Systems Private Limited are

  • What is the primary industry of 42Gears Mobility Systems Private Limited?

    The primary industry of 42Gears Mobility Systems Private Limited is Information And Communication.

  • Is 42Gears Mobility Systems Private Limited a listed company?

    42Gears Mobility Systems Private Limited is unlisted.

  • What is the capital structure of 42Gears Mobility Systems Private Limited?

    The authorized capital of 42Gears Mobility Systems Private Limited is ₹1.00 M, and the paid-up capital is ₹0.13 M.

  • What is the compliance status of 42Gears Mobility Systems Private Limited?

    The compliance status of 42Gears Mobility Systems Private Limited is Compliant.

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