Akshansh IT Solution Private Limited
About Akshansh IT Solution Private Limited
Data last updated:
Akshansh IT Solution Private Limited was a private limited company based in Udaipur, Rajasthan, India. 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 computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 November 2016.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2016PTC056447.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Akshansh It Soltion Private Limited. It was led by directors Anjana Jain and Ankit Jain.
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 was at Plot No. 12 M Block Sub City Center 100 Feet Road Savina, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2021, the company reported a revenue of ₹10,750, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹56,469 and EBITDA of -₹54,694. Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
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- Registered AddressPlot No. 12 M Block Sub City Center 100 Feet Road Savina, Udaipur, Rajasthan, India – 313001
- IndustryInformation Technology, Other Computer Related Activities
- 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
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Business Activity of Akshansh IT Solution Private Limited
The main business activity of Akshansh IT Solution is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akshansh IT Solution Private Limited FY 2021 filings available
Akshansh IT Solution Private Limited reported revenue of ₹10,750 (down 86% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Akshansh IT Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 86% 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 of Akshansh IT Solution Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹54,694 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹56,469 | •••• | •••• | •••• | •••• |
| 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 Akshansh IT Solution Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Akshansh IT Solution are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akshansh IT Solution Private Limited
Akshansh IT Solution Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fab Pick Sports Private Limited | ₹11,014 (FY 2019) | •••• | •••• | •••• | Rishikesh, Uttarakhand, India | |
| Finixia Dedecons Private Limited | ₹11,012 (FY 2024) | •••• | •••• | •••• | Sootea, Assam, India | |
| Uprim Technologies Private Limited | ₹11,000 (FY 2016) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Transit Global Bridge Consultants Private Limited | ₹11,000 (FY 2024) | •••• | •••• | -90.0% | •••• | Ahmedabad, Gujarat, India |
| Alphasoft Infotech Private Limited | ₹10,870 (FY 2025) | •••• | •••• | •••• | Nashik, Maharashtra, India | |
| Akshansh IT Solution Private Limited this company | ₹10,750 (FY 2021) | •••• | •••• | -86.0% | •••• | Udaipur, Rajasthan, India |
| Uproot Labs India Private Limited | ₹10,737 (FY 2018) | •••• | •••• | -98.0% | •••• | Belgaum, Karnataka, India |
| H V J Hymatix Software Tranzatia Pvt Ltd | ₹10,678 (FY 2024) | •••• | •••• | -86.0% | •••• | Punjab, India |
| Thirdi Technologies (OPC) Private Limited | ₹10,639 (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Upshothub Corporate Services Private Limited | ₹10,610 (FY 2024) | •••• | •••• | -77.0% | •••• | Bangalore, Karnataka, India |
| Vruddhi Hosting (OPC) Private Limited | ₹10,603 (FY 2022) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Akshansh IT Solution by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Akshansh IT Solution Private Limited
Akshansh IT Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjana Jain | Director | 30 Nov 2016 | 9 Years 10 Months | As last reported |
| Ankit Jain | Director | 30 Nov 2016 | 9 Years 10 Months | As last reported |
Ownership and Shareholding of Akshansh IT Solution 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 Akshansh IT Solution Private Limited
Akshansh IT Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akshansh IT Solution Private Limited
Employment history and EPFO contributions of people linked to Akshansh IT Solution.
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
Verified entity values are shown only after access is granted.
Recent Activity on Akshansh IT Solution Private Limited
Akshansh IT Solution Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Anjana Jain was appointed as Director on 30 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Akshansh IT Solution 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 Akshansh IT Solution 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akshansh IT Solution 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.
GST Compliance of Akshansh IT Solution 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akshansh IT Solution 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.
Frequently Asked Questions about Akshansh IT Solution Private Limited
Akshansh IT Solution 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.
Akshansh IT Solution was a private limited company based in Udaipur, Rajasthan, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 30 November 2016 and is registered under CIN U72900RJ2016PTC056447. The company has been struck off by the Registrar of Companies and is no longer operational.
Akshansh IT Solution had 2 directors:
- Anjana Jain - Director
- Ankit Jain - Director
The CIN (Corporate Identification Number) of Akshansh IT Solution is U72900RJ2016PTC056447. 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 Akshansh IT Solution is at Plot No. 12 M Block Sub City Center 100 Feet Road Savina, Udaipur, Rajasthan, India – 313001.
Akshansh IT Solution was incorporated on 30 November 2016. It is registered with the Registrar of Companies, Jaipur.
Akshansh IT Solution reported revenue of ₹10,750 for FY 2021 (down 86% YoY).
Akshansh IT Solution has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Akshansh IT Solution reported a net loss of ₹56,469 and EBITDA of -₹54,694 for FY 2021, as per its filed financial statements.
Akshansh IT Solution operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
The compounded annual growth rate (CAGR) of the revenue of Akshansh IT Solution is -21% over three years. In the latest year (FY 2021) revenue fell 86%. CAGR is the steady yearly rate that links the first and the last year.