About Apipro India Private Limited
Data last updated:
Apipro India Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Api Maintenance System, Denmark. 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 June 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015FTC080861. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Veena Ramanna and Telukutla Venkata Nasara Reddy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at GF No.7 Karuna Complex No 337 Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2019, the company reported a revenue of ₹33.43 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹13.79 Lakh (net margin -41.3%) and EBITDA of -₹12.72 Lakh (EBITDA margin -38%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The last known website on record is optiware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGF No.7 Karuna Complex No 337 Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Apipro India Private Limited
The main business activity of Apipro India is professional, scientific and technical. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | 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.
Auditor Details of Apipro India Private Limited
Apipro India Private Limited is audited by V. D. S. R. & CO. for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. D. S. R. & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Apipro India Private Limited
Apipro India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veena Ramanna Also directs: Cortiqa Management Solutions LLP | Additional Director | 31 Jul 2019 | 7 Years 2 Months | As last reported |
| Telukutla Venkata Nasara Reddy Also directs: Aptean India Private Limited, Logility Solutions Private Limited | Additional Director | 31 Jul 2019 | 7 Years 2 Months | As last reported |
Financials of Apipro India Private Limited FY 2019 filings available
Apipro India Private Limited reported revenue of ₹33.43 Lakh (down 38% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Apipro India Private Limited
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 449% 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 Apipro India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹33.43 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹12.72 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.79 Lakh | •••• | •••• | •••• |
| 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 Apipro India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -38% | •••• | •••• | •••• |
| Net Profit Margin | -41.3% | •••• | •••• | •••• |
| 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 Apipro India are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Apipro India 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 Apipro India Private Limited
Apipro India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Apipro India Private Limited
Employment history and EPFO contributions of people linked to Apipro India.
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.
GST Compliance of Apipro India Private Limited
Apipro India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
Credit Ratings, Litigation & Regulatory Alerts for Apipro India 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 Apipro India 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 Apipro India 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.
MCA Filings & Documents of Apipro India 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.
Recent Activity on Apipro India Private Limited
Frequently Asked Questions about Apipro India Private Limited
Apipro 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.
Apipro India was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 June 2015 and is registered under CIN U72200KA2015FTC080861. The company has been struck off by the Registrar of Companies and is no longer operational.
Apipro India had 2 directors:
- Veena Ramanna - Additional Director
- Telukutla Venkata Nasara Reddy - Additional Director
The CIN (Corporate Identification Number) of Apipro India is U72200KA2015FTC080861. 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 Apipro India is at GF No.7 Karuna Complex No 337 Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
Apipro India was incorporated on 12 June 2015. It is registered with the Registrar of Companies, Bangalore.
Apipro India can be reached through the website optiware.com. Its registered office is in Bangalore, Karnataka, India.
Apipro India reported revenue of ₹33.43 Lakh for FY 2019 (down 38% YoY).
Apipro India has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.