Abhishek IT Solutions Private Limited

Abhishek IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. MCA registration details.
CIN U85110KA2006PTC038185 Incorporated 09 January 2006 ROC Bangalore HQ Bangalore, Karnataka, India
Converted to LLP Private Limited Company information technology
Data last updated
Revenue · FY 2016
₹15.03 Lakh
▼ 54% YoY
Net profit · FY 2016
₹7 Lakh
Net margin 46.6%
EBITDA · FY 2016
₹14.29 Lakh
EBITDA margin 95.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
GST registrations
1
None active
Last financials
Mar 2016
Balance sheet date

About Abhishek IT Solutions Private Limited

Data last updated:

Abhishek IT Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 09 January 2006.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2006PTC038185. The company has 1 GST registration on record, which is no longer active.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 ₹2 Lakh.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No.19/2 Kumarakrupa Road Near Shivananda Shoes, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2016, the company reported a revenue of ₹15.03 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹7 Lakh (net margin 46.6%) and EBITDA of ₹14.29 Lakh (EBITDA margin 95.1%).

Court records list 1 case involving the company, including 1 filed against it.

Company details

CIN U85110KA2006PTC038185
Registration Number 038185
Incorporation Date 09 January 2006
ROC Bangalore
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016

CIN history

Abhishek IT Solutions has one previous CIN (Corporate Identification Number): U72200KA2006PTC038185. The current CIN is U85110KA2006PTC038185, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA2006PTC038185Current
U72200KA2006PTC038185Previous

Contact details

Abhishek IT Solutions Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No.19/2 Kumarakrupa Road Near Shivananda Shoes, Bangalore, Karnataka, India – 560001
  • Industry
    Information Technology, Computer Programming, Consultancy
Comprehensive company report
Abhishek IT Solutions Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Abhishek IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

Financials of Abhishek IT Solutions Private Limited

FY 2016 filings available

Abhishek IT Solutions Private Limited reported revenue of ₹15.03 Lakh (down 54% YoY) for FY 2016.

Revenue · FY 2016
₹15.03 Lakh ▼ 54%
Net profit · FY 2016
₹7 Lakh margin 46.6%
EBITDA · FY 2016
₹14.29 Lakh margin 95.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 54%
EBITDA CAGR growth
1 year
▼ 52%

Revenue fell 54% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
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₹14.29 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin95.1%
Net Profit Margin46.6%
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 Abhishek IT Solutions Private Limited, buy the company report.

Board of directors of Abhishek IT Solutions Private Limited

Abhishek IT Solutions has 2 former directors on record and no current directors listed.

MSME payment delays

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

GST

Abhishek IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Abhishek IT Solutions Private Limited, buy the company report.

Recent activity

Abhishek IT Solutions Private Limited has 2 board changes on record since 2017: 0 appointments and 2 cessations. The latest: Sandeep Ram Wadhwa ceased to be Director on 15 Jan 2017.

Ceased
Sandeep Ram Wadhwa ceased to be Director.
Ceased
Sanjay Shyam Wadhwa ceased to be Director.
AGM
Abhishek It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Abhishek It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
Incorporation
09 Jan 2006
Abhishek It Solutions Private Limited was registered on 09 Jan 2006 with Roc Bangalore & aged 20 years 9 months as per MCA records.

Frequently asked questions

Abhishek IT Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Abhishek IT Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 09 January 2006 and is registered under CIN U85110KA2006PTC038185. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Abhishek IT Solutions is U85110KA2006PTC038185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Abhishek IT Solutions was incorporated on 09 January 2006. It is registered with the Registrar of Companies, Bangalore.

The registered office of Abhishek IT Solutions is at No.192 Kumarakrupa Road Near Shivananda Shoes, Bangalore, Karnataka, India – 560001.

The latest financial statements of Abhishek IT Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

No. Abhishek IT Solutions has 1 GST registration on record and it is cancelled or inactive.

Abhishek IT Solutions operated in the information technology industry, in the computer programming segment.

Abhishek IT Solutions has 1 court case on record: 1 filed against it.

Sandeep Ram Wadhwa ceased to be Director on 15 Jan 2017. Sanjay Shyam Wadhwa ceased to be Director on 15 Jan 2017.