MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0010281
Apar Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹72.92 Cr
▼ 7% YoY
Net loss · FY 2024
₹4.39 Cr
Net margin -6%
EBITDA · FY 2024
-₹2.97 Cr
EBITDA margin -4.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
199
Provident fund records
Directors on board
2
As per MCA filings
About Apar Technologies Private Limited
Data last updated:
Apar Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Apar Technologies Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC120566. Its GSTIN is 29AAFCA8867P1ZN (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sai Sudhakar Gajjala and Christopher Raju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.92 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹4.39 Cr (net margin -6%) and EBITDA of -₹2.97 Cr (EBITDA margin -4.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.
The company has about 199 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Elite SIS and Apar Technologies. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹23.5 Lakh; the latest was in March 2015.
Apar Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0010281). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apartechnologies.com.
Company details
CIN U72200KA2006PTC120566
Registration Number 120566
Incorporation Date 18 July 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Apar Technologies Pte Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0010281
CIN history
Apar Technologies has one previous CIN (Corporate Identification Number): U72200MH2006PTC163139. The current CIN is U72200KA2006PTC120566, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2006PTC120566 | Current |
| U72200MH2006PTC163139 | Previous |
Recognitions & Rankings of Apar Technologies
Contact details
Apar Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is apartechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSjr Cyber 5th Floor Site No. 22, Laskar Hosur Road Adugodi, Bangalore, Karnataka, India – 560030
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Apar Technologies Private Limited, buy the company report.
Comprehensive company report
Apar Technologies Private Limited - one report that includes everything
- 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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Brands
Apar Technologies operates two associated brands: Elite SIS and Apar Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based management solutions to optimize operations for schools and institutions. | elite-sis.com | |
| Services related to custom application development, CRM implementation and data management | apartechnologies.com |
Business activity
The main business activity of Apar Technologies 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 |
To see the full business activity and turnover split of Apar Technologies Private Limited, buy the company report.
Financials of Apar Technologies Private Limited
FY 2024 filings availableApar Technologies Private Limited reported revenue of ₹72.92 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹72.92 Cr ▼ 7%
Net loss · FY 2024
₹4.39 Cr margin -6%
EBITDA · FY 2024
-₹2.97 Cr margin -4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 20%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▼ 45%
5 years · compounded
▼ 28%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.97 Cr | ||||
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| Net Profit (PAT) | -₹4.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -4.1% | ||||
| Net Profit Margin | -6% | ||||
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To see the full financial statements and ratios of Apar Technologies Private Limited, buy the company report.
Board of directors of Apar Technologies Private Limited
Apar Technologies has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sai Sudhakar Gajjala Also directs: Otomeytworld LLP, Otomeyt AI (India) Private Limited, Connexrm India Private Limited and 1 more | Director | 09 Dec 2017 | 8 Years 10 Months | Current |
| Christopher Raju Also directs: Otomeytworld LLP, Nest Villas Holidays Private Limited, Otomeyt AI (India) Private Limited and 1 more | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Apar Technologies Private Limited is audited by CS RATHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CS RATHI & ASSOCIATES | FY 2023 | 141643W |
Shareholding
The shareholding of Apar Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apar Technologies Private Limited, buy the company report.
Deals & funding
Apar Technologies Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹23.5 Lakh; the latest was in March 2015.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹23.5 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Apar Technologies Pte Limited & Khushal N Desai, Apar Technologies Pte Limited Seller: 3 individuals |
| Jan 2015 | Funding round | ₹23.5 Lakh | Investors: Apar Technologies Pte Limited |
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 Apar Technologies 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 Apar Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Apar Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Apar Peopleworld Software Services Private Limited | U74900KA2015FTC083041 |
To see the full group structure of Apar Technologies Private Limited, buy the company report.
Employees & EPFO
Apar Technologies Private Limited has a workforce of 199 employees on its EPFO records as of May 08, 2024, across 1 active EPFO establishment.
Employee count
199
Active EPFO establishments
1
Employee growth
-7.01%
GST
Apar Technologies has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA8867P1ZN | Karnataka | Active | 27 Apr 2019 |
| 09AAFCA8867P1ZP | Uttar Pradesh | Active | 12 Sep 2017 |
To see the full GST registrations and return filing status of Apar Technologies Private Limited, buy the company report.
Recent activity
Apar Technologies Private Limited has 18 board changes on record since 2006: 10 appointments and 8 cessations. The latest: Christopher Raju was appointed as Director on 01 Apr 2024.
AGM
Apar Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Christopher Raju was appointed as Director.
Ceased
Dinesh Samudrala ceased to be Director.
Filing
Apar Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Bheemarao Krishnamurthy Srinidhi ceased to be Director.
Appointed
Dinesh Samudrala was appointed as Director.
Appointed
Bheemarao Krishnamurthy Srinidhi was appointed as Director.
Ceased
Rama Veera Venkata Satyanarayana Reddy Kovvuri ceased to be Director.
Ceased
Rahul Jagdish Sangani ceased to be Director.
Ceased
Sanjiv Surendraprakash Maheshwari ceased to be Director.
Appointed
Rahul Jagdish Sangani was appointed as Director.
Appointed
Rama Veera Venkata Satyanarayana Reddy Kovvuri was appointed as Director.
9 earlier events are in the company report.
News
Frequently asked questions
Apar Technologies 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 18 July 2006 (20+ years old) and is registered under CIN U72200KA2006PTC120566.
Apar Technologies has 2 current directors:
- Sai Sudhakar Gajjala - Director
- Christopher Raju - Director
The latest financial statements of Apar Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Apar Technologies is 29AAFCA8867P1ZN, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAFCA8867P1ZP (Uttar Pradesh).
The CIN (Corporate Identification Number) of Apar Technologies is U72200KA2006PTC120566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apar Technologies was incorporated on 18 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Apar Technologies has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹23.5 Lakh; the latest was in March 2015.
Christopher Raju was appointed as Director on 01 Apr 2024. Dinesh Samudrala ceased to be Director on 01 Apr 2024. Bheemarao Krishnamurthy Srinidhi ceased to be Director on 23 May 2022. Apar Technologies has 18 board changes on record in total.
Yes, Apar Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0010281).
Apar Technologies can be reached through the website apartechnologies.com. Its registered office is in Bangalore, Karnataka, India.