About Achieve IT Solutions India Private Limited
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Achieve IT Solutions India Private Limited was a foreign private limited company based in Noida, Uttar Pradesh, India, operated as a subsidiary of Achieve It Ny Inc. Usa. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 29 May 2014.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2014FTC064042. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹30.5 Lakh. It was led by directors Suman Kumar Mishra and Manish Gupta.
Its last annual general meeting (AGM) was held on 16 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Plot No. C 125 1st Floor Sector 2, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2020, the company reported a revenue of ₹79,541, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹6.73 Lakh and EBITDA of -₹2 Lakh (EBITDA margin -251%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 68% over five years.
The company had about 15 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Achieve IT Solutions.
The last known website on record is achieveits.com.
Company details
Contact details
Achieve IT Solutions India Private Limited's registered office is in Noida, Uttar Pradesh. Its website is achieveits.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No. C 125 1st Floor Sector 2, Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Achieve IT Solutions 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
Brands
Achieve IT Solutions India operates one associated brand: Achieve IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services suite | achieveits.com |
Business activity
The main business activity of Achieve IT Solutions India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of Achieve IT Solutions India Private Limited
FY 2020 filings availableAchieve IT Solutions India Private Limited reported revenue of ₹79,541 (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 95% fall 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 |
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| EBITDA | -₹2 Lakh | ||||
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| Net Profit (PAT) | -₹6.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -251% | ||||
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To see the full financial statements and ratios of Achieve IT Solutions India Private Limited, buy the company report.
Board of directors of Achieve IT Solutions India Private Limited
Achieve IT Solutions India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Kumar Mishra | Director | 30 Sep 2017 | 9 Years 0 Months | As last reported |
| Manish Gupta Also directs: Pulp Ventures LLP | Director | 30 Nov 2020 | 5 Years 10 Months | As last reported |
Auditor
Achieve IT Solutions India Private Limited is audited by R A A S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A A S & ASSOCIATES | FY 2019 | 030281N |
Shareholding
The shareholding of Achieve IT Solutions India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Achieve IT Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Achieve IT Solutions India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Achieve IT Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Achieve IT Solutions 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 Achieve IT Solutions India Private Limited, buy the company report.
Recent activity
Achieve IT Solutions India Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Timothy Matthew Singleton ceased to be Director on 01 Dec 2020.
Frequently asked questions
Achieve IT Solutions India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Achieve IT Solutions India was a foreign private limited company based in Noida, Uttar Pradesh, India. The company worked in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 29 May 2014 and is registered under CIN U72900UP2014FTC064042. The company has been struck off by the Registrar of Companies and is no longer operational.
Achieve IT Solutions India had 2 directors:
- Suman Kumar Mishra - Director
- Manish Gupta - Director
The CIN (Corporate Identification Number) of Achieve IT Solutions India is U72900UP2014FTC064042. 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 Achieve IT Solutions India is at Plot No. C 125 1st Floor Sector 2, Noida, Uttar Pradesh, India – 201301.
Achieve IT Solutions India was incorporated on 29 May 2014. It is registered with the Registrar of Companies, Kanpur.
Achieve IT Solutions India can be reached through the website achieveits.com. Its registered office is in Noida, Uttar Pradesh, India.
The latest financial statements of Achieve IT Solutions India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 16 October 2020. Year-wise statements from 2015 are in the company report.
No. Achieve IT Solutions India has 1 GST registration on record and it is cancelled or inactive.
Achieve IT Solutions India operated in the information technology industry, in the enterprise resource planning (erp) solutions segment. It worked in this industry before it was struck off.