About Aig Data Services Private Limited
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Aig Data Services Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Aig Technologies, Inc.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the database management and solutions segment of the technology and IT services sector. It was incorporated on 22 November 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013FTC072059. Its GSTIN is 29AAMCA1760E1ZP (Karnataka).
The company had an authorised share capital of ₹60.5 Cr and a paid-up capital of ₹1.26 Lakh. It was led by directors Munish Sharma and Anant Pophali.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 5th Floor Crescent 4 Prestige Shantiniketan Whitefield, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.03 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹47.56 Lakh (net margin 6.8%) and EBITDA of ₹2.97 Cr (EBITDA margin 42.3%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹1 Cr on record.
The last known website on record is aig.com.
Company details
Contact details
Aig Data Services Private Limited's registered office is in Bangalore, Karnataka. Its website is aig.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Crescent 4 Prestige Shantiniketan Whitefield, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Aig Data Services 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
Business activity
The main business activity of Aig Data Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Aig Data Services Private Limited, buy the company report.
Financials of Aig Data Services Private Limited
FY 2018 filings availableAig Data Services Private Limited reported revenue of ₹7.03 Cr (down 91% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over three years, including a 91% fall in the latest year. EBITDA fell 86% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.97 Cr | |||
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| Net Profit (PAT) | ₹47.56 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 42.3% | |||
| Net Profit Margin | 6.8% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Aig Data Services Private Limited, buy the company report.
Board of directors of Aig Data Services Private Limited
Aig Data Services has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Sharma | Director | 20 Apr 2018 | 8 Years 6 Months | As last reported |
| Anant Pophali | Director | 08 Dec 2016 | 9 Years 11 Months | As last reported |
Auditor
Aig Data Services Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2017 | 012754N/N500016 |
Shareholding
The shareholding of Aig Data Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aig Data Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2014 | 10555373 | Citi Bank N.A. | ₹1 Cr | Satisfied |
To see the full charge records of Aig Data Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aig Data Services 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 Aig Data Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aig Data Services Private Limited has a workforce of 3 employees on its EPFO records as of Dec 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 3 |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Aig Data Services Private Limited, buy the company report.
GST
Aig Data Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA1760E1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aig Data Services Private Limited, buy the company report.
Recent activity
Aig Data Services Private Limited has 15 board changes on record since 2014: 2 appointments and 13 cessations. The latest: Munish Sharma was appointed as Director on 20 Apr 2018.
8 earlier events are in the company report.
News
Frequently asked questions
Aig Data Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aig Data Services was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in database management and solutions, within the information technology industry. It was incorporated on 22 November 2013 and is registered under CIN U72900KA2013FTC072059. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aig Data Services was incorporated on 22 November 2013. It is registered with the Registrar of Companies, Bangalore.
Aig Data Services had 2 directors:
- Munish Sharma - Director
- Anant Pophali - Director
The CIN (Corporate Identification Number) of Aig Data Services is U72900KA2013FTC072059. 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 Aig Data Services is at 5th Floor Crescent 4 Prestige Shantiniketan Whitefield, Bangalore, Karnataka, India – 560048.
Aig Data Services can be reached through the website aig.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Aig Data Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Aig Data Services is 29AAMCA1760E1ZP, registered in Karnataka.
Aig Data Services operated in the information technology industry, in the database management and solutions segment.
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