Assyst Information Technologies Private Limited
About Assyst Information Technologies Private Limited
Data last updated:
Assyst Information Technologies Private Limited was a private limited company based in Madurai, Tamil Nadu, India, operated as a subsidiary of Assyst International Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 10 December 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2009PTC073860. Its GSTIN is 32AAICA3040P1ZQ (Kerala).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Nandini Akkirath Mundanat and Sunil Kumar.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at No 35 ( II Nd Floor ) North Masi Street, Madurai, Tamil Nadu, India – 625001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.18 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹94.03 Lakh (net margin 79.6%) and EBITDA of ₹1.17 Cr (EBITDA margin 98.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
Company details
Contact details
Assyst Information Technologies Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 35 ( II Nd Floor ) North Masi Street, Madurai, Tamil Nadu, India – 625001
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Assyst Information Technologies 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
Business activity
The main business activity of Assyst Information Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Assyst Information Technologies Private Limited
FY 2022 filings availableAssyst Information Technologies Private Limited reported revenue of ₹1.18 Cr (up 97% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 97% growth in the latest year. EBITDA rose 96% 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
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| EBITDA | ₹1.17 Cr | ||||
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| Net Profit (PAT) | ₹94.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 98.9% | ||||
| Net Profit Margin | 79.6% | ||||
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To see the full financial statements and ratios of Assyst Information Technologies Private Limited, buy the company report.
Board of directors of Assyst Information Technologies Private Limited
Assyst Information Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Akkirath Mundanat Also directs: Panapps International Private Limited | Director | 16 Nov 2020 | 5 Years 11 Months | As last reported |
| Sunil Kumar Also directs: Panapps International Private Limited | Director | 21 Aug 2019 | 7 Years 2 Months | As last reported |
| Shankar Thiruvillakkat Also directs: Guadua Restaurant Services LLP, Banasura Eco Resorts Private Limited, Sprint Technologies Private Limited and 1 more | Director | 10 Dec 2009 | 16 Years 10 Months | As last reported |
Auditor
Assyst Information Technologies Private Limited is audited by R KRISHNA IYER & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KRISHNA IYER & CO | FY 2017 | 01474S |
Shareholding
The shareholding of Assyst Information Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Assyst Information Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Assyst Information 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 Assyst Information Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Assyst Information Technologies Private Limited has 1 active EPFO establishment as of Mar 26, 2024.
GST
Assyst Information Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICA3040P1ZQ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Assyst Information Technologies Private Limited, buy the company report.
Recent activity
Assyst Information Technologies Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Nandini Akkirath Mundanat ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Assyst Information Technologies 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.
Assyst Information Technologies was a private limited company based in Madurai, Tamil Nadu, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 10 December 2009 and is registered under CIN U72900TN2009PTC073860. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Assyst Information Technologies was incorporated on 10 December 2009. It is registered with the Registrar of Companies, Chennai.
Assyst Information Technologies had 3 directors:
- Nandini Akkirath Mundanat - Director
- Sunil Kumar - Director
- Shankar Thiruvillakkat - Director
The CIN (Corporate Identification Number) of Assyst Information Technologies is U72900TN2009PTC073860. 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 Assyst Information Technologies is at No 35 II Nd Floor North Masi Street, Madurai, Tamil Nadu, India – 625001.
The latest financial statements of Assyst Information Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Assyst Information Technologies is 32AAICA3040P1ZQ, registered in Kerala.
Assyst Information Technologies operated in the information technology industry, in the software development and support services segment.
Nandini Akkirath Mundanat ceased to be Additional Director on 31 Dec 2020. Nandini Akkirath Mundanat was appointed as Director on 16 Nov 2020. Umesh Andy ceased to be Director on 30 Aug 2019. Assyst Information Technologies has 5 board changes on record in total.