About Allgo Embedded Systems Private Limited
Data last updated:
Allgo Embedded Systems Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 October 2004.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2004PTC138280. Its GSTIN is 29AAECA9982E1Z9 (Karnataka).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.23 Lakh. It was led by directors including Brett David Pynnonen and Matthew Moyler Cole.
Its last annual general meeting (AGM) was held on 08 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 3 Buildingfortius Olympiatechnologypark, Chennai, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹55.01 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹14.79 Cr (net margin 26.9%) and EBITDA of ₹22.97 Cr (EBITDA margin 41.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company had about 154 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: AllGo Embedded Systems. As per MCA filings, the company had satisfied charges of ₹97.3 Lakh on record. The company has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in September 2016.
The last known website on record is allgosystems.com.
Company details
CIN history
Allgo Embedded Systems has one previous CIN (Corporate Identification Number): U72900KA2004PTC034826. The current CIN is U72900TN2004PTC138280, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2004PTC138280 | Current |
| U72900KA2004PTC034826 | Previous |
Contact details
Allgo Embedded Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is allgosystems.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressOfficelevel#3 Buildingfortius Olympiatechnologypark No:1 Sidcoindustrialest, Ate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Allgo Embedded Systems 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
Allgo Embedded Systems operates one associated brand: AllGo Embedded Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of automotive infotainment accessories | allgosystems.com |
Financials of Allgo Embedded Systems Private Limited
FY 2019 filings availableAllgo Embedded Systems Private Limited reported revenue of ₹55.01 Cr (up 19% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 19% growth in the latest year. EBITDA rose 57% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹55.01 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹22.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.79 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.8% | ||||
| Net Profit Margin | 26.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Allgo Embedded Systems Private Limited, buy the company report.
Board of directors of Allgo Embedded Systems Private Limited
Allgo Embedded Systems has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brett David Pynnonen | Director | 08 Jul 2016 | 10 Years 3 Months | As last reported |
| Matthew Moyler Cole | Director | 08 Jul 2016 | 10 Years 3 Months | As last reported |
| Sivakumar Songappan | Director | 02 Aug 2018 | 8 Years 2 Months | As last reported |
| Sanjeev Madhavankutty Also directs: Thinkseed Systems Private Limited | Additional Director | 12 Jun 2020 | 6 Years 4 Months | As last reported |
| Lakshmikanthan Segar | Alternate Director | 07 May 2017 | 9 Years 5 Months | As last reported |
| Tina Louise | Director | 08 Jul 2016 | 10 Years 3 Months | As last reported |
Auditor
Allgo Embedded Systems Private Limited is audited by GURU & JANA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURU & JANA | FY 2019 | 006826S |
Shareholding
The shareholding of Allgo Embedded Systems 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 Allgo Embedded Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2014 | 10549860 | Hdfc Bank Limited | ₹97.3 Lakh | Satisfied |
To see the full charge records of Allgo Embedded Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Allgo Embedded Systems Private Limited has 5 deals on record (4 secondary share transfers, 1 rights issue); the latest was in September 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Vihi LLC Seller: an individual |
| Jul 2016 | Rights issue | ₹10.34 Cr | Investors: Vihi LLC, Visteon Technical Services and Center Private Limited |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: Vihi LLC, Visteon Technical Services and Center Private Limited Seller: 4 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Allgo Embedded Systems 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 Allgo Embedded Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Allgo Embedded Systems Private Limited has a workforce of 154 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Allgo Embedded Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA9982E1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Allgo Embedded Systems Private Limited, buy the company report.
Recent activity
Allgo Embedded Systems Private Limited has 18 board changes on record since 2009: 6 appointments and 12 cessations. The latest: Nirmal Kumar Sancheti ceased to be Managing Director on 30 Jun 2020.
11 earlier events are in the company report.
News
Frequently asked questions
Allgo Embedded Systems 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.
Allgo Embedded Systems was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 07 October 2004 and is registered under CIN U72900TN2004PTC138280. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Allgo Embedded Systems was incorporated on 07 October 2004. It is registered with the Registrar of Companies, Chennai.
Allgo Embedded Systems had 6 directors:
- Brett David Pynnonen - Director
- Matthew Moyler Cole - Director
- Sivakumar Songappan - Director
- Sanjeev Madhavankutty - Additional Director
- Lakshmikanthan Segar - Alternate Director
- Tina Louise - Director
The CIN (Corporate Identification Number) of Allgo Embedded Systems is U72900TN2004PTC138280. 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 Allgo Embedded Systems is at Officelevel#3 Buildingfortius Olympiatechnologypark No:1 Sidcoindustrialest, Ate Guindy, Chennai, Tamil Nadu, India – 600032.
Allgo Embedded Systems can be reached through the website allgosystems.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Allgo Embedded Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 08 August 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Allgo Embedded Systems is 29AAECA9982E1Z9, registered in Karnataka.
Allgo Embedded Systems operated in the information technology industry, in the application development and software solutions segment.
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