About Best IT Technologies Private Limited
Data last updated:
Best IT Technologies Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Best It Experts Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015FTC100761.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Perumapalayam Rasa Gounder Palanisamy and Ramasamy Seenivasan.
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 is at Plot No. 2207 Af Block 7th Street 11th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.
The company is associated with 1 brand: Bestitexperts.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bestitexperts.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 2207 Af Block 7th Street 11th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Best IT Technologies Private Limited
The main business activity of Best IT Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Financials of Best IT Technologies Private Limited FY 2019 filings available
Best IT Technologies Private Limited reported revenue of ₹1,450 (down 100% YoY) for FY 2018.
Financial Statement Summary of Best IT Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹1,450 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Best IT Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Best IT Technologies 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.
Auditor Details of Best IT Technologies Private Limited
Best IT Technologies Private Limited is audited by AMUL & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMUL & ASSOCIATES | 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 Best IT Technologies Private Limited
Best IT Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Perumapalayam Rasa Gounder Palanisamy | Director | 01 Jun 2015 | 11 Years 4 Months | Current |
| Ramasamy Seenivasan Also directs: Blumerq Healthcare Private Limited | Director | 02 Aug 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Best IT Technologies 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 Best IT Technologies Private Limited
Best IT Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Best IT Technologies Private Limited
Best IT Technologies operates one associated brand: Bestitexperts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| bestitexperts.com |
Employees and EPFO Compliance at Best IT Technologies Private Limited
Employment history and EPFO contributions of people linked to Best IT Technologies.
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.
Recent Activity on Best IT Technologies Private Limited
Best IT Technologies Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Chitradevi Raju Sarath ceased to be Director on 04 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Best IT Technologies 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 Best IT Technologies 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 Best IT Technologies 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.
GST Compliance of Best IT Technologies Private Limited
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.
MCA Filings & Documents of Best IT Technologies 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.
Frequently Asked Questions about Best IT Technologies Private Limited
Best IT Technologies is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 June 2015 (11+ years old) and is registered under CIN U72900TN2015FTC100761.
Best IT Technologies has 2 current directors:
- Perumapalayam Rasa Gounder Palanisamy - Director
- Ramasamy Seenivasan - Director
The CIN (Corporate Identification Number) of Best IT Technologies is U72900TN2015FTC100761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best IT Technologies was incorporated on 01 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Chitradevi Raju Sarath ceased to be Director on 04 Aug 2017. Ramasamy Seenivasan was appointed as Director on 02 Aug 2017. Perumapalayam Rasa Gounder Palanisamy was appointed as Director on 01 Jun 2015.
Best IT Technologies can be reached through the website bestitexperts.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Best IT Technologies is at Plot No. 2207 Af Block 7th Street 11th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.
Best IT Technologies has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Best IT Technologies operates in the information technology industry, in the IT consulting and support services segment.
No. Best IT Technologies is not listed on any stock exchange. It is an unlisted company.