Absotech Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore South, Karnataka, India, established in 2018.
2018 Bangalore South, Karnataka, India Struck Off
Last Updated:
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About Absotech Solutions Private Limited

Absotech Solutions Private Limited, a struck off private limited company, was established on 16 January 2018 in Bangalore South, Karnataka, India. Engaging in data processing within the information technology sector, it holds CIN: U72300KA2018PTC109573. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹10.00 K .

Its leadership includes Gregory James Ritts (Director), Matias Emilio Canibe Renaud (Director), Sanjib Kumar Prusty (Director). Past directors included William Benjamin Shepro, Abhijit Atur, Vivek Badavanhalli Ramakrishna. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 18, Vasudeva, First Floor, Kathriguppe Main Road,, Banashankari 3Rd Stage, Bangalore South, Karnataka, 560085.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72300KA2018PTC109573

  • Registration Number

    109573

  • Incorporation Date

    16 January 2018

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹10.00 K

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 10.00 K
  • Company Age 8 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** %
  • Profit Growth **** -24.34%
  • Ebitda **** -21.81%
  • Net Worth -47.73%
  • Total Assets **** %
Company report

Absotech Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Absotech Solutions 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 Absotech Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Gregory James Ritts Director 27 Mar 2020 Current
Matias Emilio Canibe Renaud Director 14 Jul 2020 Current
Sanjib Kumar Prusty Director 11 May 2022 Current
Somnath Mitra Director 04 May 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Jul 2020 Past
Pramod Abcsdd Director 11 Jul 2018 Past
Pramod Abcsdd Director 11 Jul 2018 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Director 21 Apr 2022 Past

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Financial Performance of Absotech Solutions.

Absotech Solutions Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 24.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.73%.

Absotech Solutions revenue growth over time
Absotech Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
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Total Assets
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Profit or Loss
*******
 -24.34%
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Net Worth
*******
 -47.73%
*******
*******
*******
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EBITDA
*******
 -21.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Absotech Solutions?

Unlock access to Absotech Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Absotech Solutions?

Unlock and access historical data on people associated with Absotech Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Absotech Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Absotech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

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

  • Director Appointment

    Sanjib Kumar Prusty was appointed as a Director was appointed as a Director on 11 May 2022 & has been associated with this company since 3 years 9 months . was recorded as a recent event.

  • Director Appointment

    Somnath Mitra was appointed as a Director was appointed as a Director on 04 May 2022 & has been associated with this company since 3 years 9 months . was recorded as a recent event.

  • Director Appointment

    The activity Matias Emilio Canibe Renaud was appointed as a Director was appointed as a Director on 14 Jul 2020 & has been associated with this company since 5 years 7 months . was completed.

  • Director Appointment

    Gregory James Ritts was appointed as a Director was appointed as a Director on 27 Mar 2020 & has been associated with this company since 5 years 10 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Absotech Solutions Private Limited?

The CIN of Absotech Solutions Private Limited is U72300KA2018PTC109573.

Where is Absotech Solutions Private Limited headquartered?

Absotech Solutions Private Limited is headquartered at 18, Vasudeva, First Floor, Kathriguppe Main Road,, Banashankari 3Rd Stage, Bangalore South, Karnataka, 560085.

When was Absotech Solutions Private Limited incorporated?

Absotech Solutions Private Limited was incorporated on 16 January 2018.

Who are the current directors of Absotech Solutions Private Limited?

The current directors of Absotech Solutions Private Limited are

What is the primary industry of Absotech Solutions Private Limited?

The primary industry of Absotech Solutions Private Limited is Information Technology.

Is Absotech Solutions Private Limited a listed company?

Absotech Solutions Private Limited is unlisted.

What is the capital structure of Absotech Solutions Private Limited?

The authorized capital of Absotech Solutions Private Limited is ₹1.00 M, and the paid-up capital is ₹10.00 K .

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