About Apogee Business Solutions Private Limited
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Apogee Business Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, 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 HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2008PTC180166. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Frontline Bhoomi Vistar Private Limited. It was led by directors Manju Natwarlal Surekha and Tushar Natwar Surekha.
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 was at A/9 The Parle Colony Chs Sahakar Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2020, the company reported a revenue of ₹31.4 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹25,136 (net margin 0.8%) and EBITDA of -₹43,527 (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 62% over five years.
The company had about 38 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is apogee.co.in.
Company details
CIN history
Apogee Business Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2008PTC180166, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2008PTC180166 | Current |
| U45400MH2008PTC180166 | Previous |
| U74999MH2008PTC180166 | Previous |
Contact details
Apogee Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is apogee.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/9 The Parle Colony Chs Sahakar Road Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Apogee Business Solutions 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
Financials of Apogee Business Solutions Private Limited
FY 2024 filings availableApogee Business Solutions Private Limited reported revenue of ₹31.4 Lakh (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 62%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹43,527 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25,136 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Apogee Business Solutions Private Limited, buy the company report.
Board of directors of Apogee Business Solutions Private Limited
Apogee Business Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Natwarlal Surekha | Director | 17 Mar 2008 | 18 Years 7 Months | As last reported |
| Tushar Natwar Surekha Also directs: Crest Management Solutions Private Limited | Director | 13 Aug 2014 | 12 Years 2 Months | As last reported |
Auditor
Apogee Business Solutions Private Limited is audited by G M PUROHIT & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M PUROHIT & CO | FY 2018 | 115150W |
Shareholding
The shareholding of Apogee Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apogee Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Apogee Business Solutions 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 Apogee Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apogee Business Solutions Private Limited has a workforce of 38 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Apogee Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Apogee Business Solutions Private Limited, buy the company report.
Recent activity
Apogee Business Solutions Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Chanchal Tushar Surekha ceased to be Director on 02 Aug 2018.
Frequently asked questions
Apogee Business Solutions 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.
Apogee Business Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 March 2008 and is registered under CIN U74110MH2008PTC180166. The company has been struck off by the Registrar of Companies and is no longer operational.
Apogee Business Solutions had 2 directors:
- Manju Natwarlal Surekha - Director
- Tushar Natwar Surekha - Director
The CIN (Corporate Identification Number) of Apogee Business Solutions is U74110MH2008PTC180166. 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 Apogee Business Solutions is at A9 The Parle Colony Chs Sahakar Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
Apogee Business Solutions was incorporated on 17 March 2008. It is registered with the Registrar of Companies, Mumbai.
Apogee Business Solutions can be reached through the website apogee.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Apogee Business Solutions 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.
No. Apogee Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Apogee Business Solutions operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.
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