About ClaspTech Solution
ClaspTech Solution is an Industrial Goods & Manufacturing company founded in 2020. Fastener manufacturing and supply services in Bangalore. The company has 1 employees. Its Indian entity Clasp Tech Solutions Private Limited reported revenue of ₹3.78 Cr. ClaspTech Solution offers products and services including Bolts and Nuts and Rivets. Its focus areas include Manufacturing, Industrial Supplies, Hardware Components and Washers and Rivets.
Company details
ClaspTech Solution is recognized for its involvement in the manufacturing and distribution of industrial fasteners, including bolts, nuts, rivets, and washers, which are produced using materials like mild steel and high tensile steel. Pricing strategies are established through detailed market research to ensure customer benefits, while opportunities for serving clients are actively pursued. The company operates from addresses in Bangalore, India, with contact options provided for inquiries, emphasizing quality and reliable supply in the industrial sector. This focus helps in meeting the demands of various applications effectively.
- Employees 1
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Social LinkedIn Facebook
- Legal Name Clasp Tech Solutions Pvt. Ltd
- Date of Incorporation 19 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹3.78 Cr
FY 2023 · +32% YoY
- Indian entity net profit₹10.9 Lakh
FY 2023 · 3% margin
- Indian entity EBITDA₹24.9 Lakh
FY 2023 · 7% margin
- Employee Count1
Associated legal entities of ClaspTech Solution
ClaspTech Solution operates through Clasp Tech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Clasp Tech Solutions Private Limited CIN U27108KA2020PTC136208 | Active | 19 Jul 2020 | Bangalore, Karnataka | ₹3.8 Cr | 2 | View details |
Products & Services of ClaspTech Solution
ClaspTech Solution offers a comprehensive portfolio of products and services, including Bolts and Nuts and Rivets.
Bolts, such as full thread and half thread types, are provided for industrial applications.
Nuts and rivets, often made from mild steel, are supplied for various hardware needs.
Board of directors of Clasp Tech Solutions Private Limited (ClaspTech Solution)
Clasp Tech Solutions Private Limited is the primary company behind ClaspTech Solution. The board of Clasp Tech Solutions Private Limited currently have 2 directors; the longest-serving is Raghunadhanreddy Panayala, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghunadhanreddy Panayala DIN 08795236 | Director | 19 Jul 2020 | 6 yrs 3 mo | Clasp Tech Solutions Private Limited |
| Sucharitha Panyala DIN 08795237 | Director | 11 Aug 2023 | 3 yrs 2 mo | Clasp Tech Solutions Private Limited |
Financials of ClaspTech Solution
Figures of Clasp Tech Solutions Private Limited, the primary company behind ClaspTech Solution, for FY 2023. Revenue was ₹3.78 Cr (+32% year on year). Net profit was ₹10.9 Lakh (3% margin). EBITDA was ₹24.9 Lakh (7% margin).
- ₹3.78 CrRevenue · FY 2023 · +32% YoY
- ₹10.9 LakhNet profit · 3% margin
- ₹24.9 LakhEBITDA · 7% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Clasp Tech Solutions Private Limited are on its company page.
Detailed financial statements for ClaspTech Solution
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about ClaspTech Solution
ClaspTech Solution was founded in 2020.
ClaspTech Solution has 1 employees.
The primary company behind ClaspTech Solution, Clasp Tech Solutions Private Limited, reported revenue of ₹3.78 Cr for FY 2023, up 32% year on year.
ClaspTech Solution is recognized for its involvement in the manufacturing and distribution of industrial fasteners, including bolts, nuts, rivets, and washers, which are produced using materials like mild steel and high tensile steel. Pricing strategies are established through detailed market research to ensure customer benefits, while opportunities for serving clients are actively pursued. The company operates from addresses in Bangalore, India, with contact options provided for inquiries, emphasizing quality and reliable supply in the industrial sector. This focus helps in meeting the demands of various applications effectively.
ClaspTech Solution offers Bolts and Nuts and Rivets.
ClaspTech Solution operates through Clasp Tech Solutions Private Limited.
The legal entities of ClaspTech Solution currently have 2 directors, including Raghunadhanreddy Panayala, Sucharitha Panyala.