Achar Apps Ventures Private Limited
About Achar Apps Ventures Private Limited
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Achar Apps Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC124518.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Syed Habeeb Pasha and Naseer Khan.
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 'C' Block 3rd Floor 29/3 Siddhareddy Layout Doddanekkundi Cross Marathahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.95 Lakh. For the same year it recorded a net loss of ₹2.19 Lakh (net margin -55.5%) and EBITDA of ₹3.31 Lakh (EBITDA margin 83.8%).
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- Registered Address'C' Block 3rd Floor 29/3 Siddhareddy Layout Doddanekkundi Cross Marathahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Board of Directors of Achar Apps Ventures Private Limited
Achar Apps Ventures 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 |
|---|---|---|---|---|
| Syed Habeeb Pasha | Director | 22 May 2019 | 7 Years 4 Months | Current |
| Naseer Khan | Additional Director | 01 Dec 2023 | 2 Years 10 Months | Current |
Financials of Achar Apps Ventures Private Limited FY 2021 filings available
Achar Apps Ventures Private Limited reported revenue of ₹3.95 Lakh for FY 2021.
Financial Statement Summary of Achar Apps Ventures Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | ₹3.31 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹2.19 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 of Achar Apps Ventures Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 83.8% | •••• |
| Net Profit Margin | -55.5% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Achar Apps Ventures are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Achar Apps Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Achar Apps Ventures Private Limited
Achar Apps Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Achar Apps Ventures Private Limited
Employment history and EPFO contributions of people linked to Achar Apps Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Achar Apps Ventures Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Achar Apps Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Achar Apps Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Achar Apps Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Achar Apps Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Achar Apps Ventures Private Limited
Frequently Asked Questions about Achar Apps Ventures Private Limited
Achar Apps Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124518.
Achar Apps Ventures reported revenue of ₹3.95 Lakh for FY 2021.
Achar Apps Ventures has 2 current directors:
- Syed Habeeb Pasha - Director
- Naseer Khan - Additional Director
Achar Apps Ventures reported a net loss of ₹2.19 Lakh (net margin -55.5%) and EBITDA of ₹3.31 Lakh (EBITDA margin 83.8%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Achar Apps Ventures is U72900KA2019PTC124518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Achar Apps Ventures was incorporated on 22 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Achar Apps Ventures is at C Block 3rd Floor 293 Siddhareddy Layout Doddanekkundi Cross Marathahalli, Bangalore, Karnataka, India – 560037.
Achar Apps Ventures has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000.
Achar Apps Ventures operates in the information technology industry, in the IT consulting and support services segment.