Azara Tech Private Limited
About Azara Tech Private Limited
Data last updated:
Azara Tech Private Limited was a private limited company based in Ludhiana, Punjab, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 December 2014.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2014PTC039126.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Gurdev Singh Ahluwalia and Jaswant Kaur Walia.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at H.No 4160 Lajwanti Street Durgapuri Haibowal Kalan, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2018, the company reported a revenue of ₹42.11 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹8.13 Lakh (net margin 19.3%) and EBITDA of ₹11.1 Lakh (EBITDA margin 26.4%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years.
Company details
Contact details
Azara Tech Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No 4160 Lajwanti Street Durgapuri Haibowal Kalan, Ludhiana, Punjab, India – 141001
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Azara Tech 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 Azara Tech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Azara Tech Private Limited, buy the company report.
Financials of Azara Tech Private Limited
FY 2018 filings availableAzara Tech Private Limited reported revenue of ₹42.11 Lakh (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 143%. EBITDA rose 40% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹11.1 Lakh | |||
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| Net Profit (PAT) | ₹8.13 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 26.4% | |||
| Net Profit Margin | 19.3% | |||
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To see the full financial statements and ratios of Azara Tech Private Limited, buy the company report.
Board of directors of Azara Tech Private Limited
Azara Tech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurdev Singh Ahluwalia | Director | 22 Dec 2014 | 11 Years 10 Months | As last reported |
| Jaswant Kaur Walia | Director | 22 Dec 2014 | 11 Years 10 Months | As last reported |
| Roopam Walia Sure | Director | 22 Dec 2014 | 11 Years 10 Months | As last reported |
Auditor
Azara Tech Private Limited is audited by Vinay K. Gupta & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vinay K. Gupta & Co. | FY 2016 |
Shareholding
The shareholding of Azara Tech 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 Azara Tech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Azara Tech 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 Azara Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Azara Tech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Azara Tech Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Gurdev Singh Ahluwalia was appointed as Director on 22 Dec 2014.
Frequently asked questions
Azara Tech 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.
Azara Tech was a private limited company based in Ludhiana, Punjab, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 22 December 2014 and is registered under CIN U72900PB2014PTC039126. The company has been struck off by the Registrar of Companies and is no longer operational.
Azara Tech had 3 directors:
- Gurdev Singh Ahluwalia - Director
- Jaswant Kaur Walia - Director
- Roopam Walia Sure - Director
The CIN (Corporate Identification Number) of Azara Tech is U72900PB2014PTC039126. 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 Azara Tech is at H.No 4160 Lajwanti Street Durgapuri Haibowal Kalan, Ludhiana, Punjab, India – 141001.
Azara Tech was incorporated on 22 December 2014. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Azara Tech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Azara Tech operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Gurdev Singh Ahluwalia was appointed as Director on 22 Dec 2014. Jaswant Kaur Walia was appointed as Director on 22 Dec 2014. Roopam Walia Sure was appointed as Director on 22 Dec 2014.
Azara Tech can be reached at its registered office: H.No 4160 Lajwanti Street Durgapuri Haibowal Kalan, Ludhiana, Punjab, India – 141001.