Betatech Business Solutions Private Limited
About Betatech Business Solutions Private Limited
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Betatech Business Solutions 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 wholesale distribution segment of the trading and commerce sector. It was incorporated on 23 April 2012.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2012PTC036170. The company has 1 GST registration on record, which is no longer active.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 led by directors Avneet Singh Wadhwa and Ramandeep Singh Wadhwa.
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 No. 27 Sunrise Extension Pakhowal Road, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2018, the company reported a revenue of ₹11.94 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.73 Lakh (net margin -14.5%) and EBITDA of -₹1.22 Lakh (EBITDA margin -10.2%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
Company details
Contact details
Betatech Business Solutions Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 27 Sunrise Extension Pakhowal Road, Ludhiana, Punjab, India – 141002
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Betatech 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
Business activity
The main business activity of Betatech Business Solutions 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 Betatech Business Solutions Private Limited, buy the company report.
Financials of Betatech Business Solutions Private Limited
FY 2018 filings availableBetatech Business Solutions Private Limited reported revenue of ₹11.94 Lakh (down 44% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 44% fall in the latest year. EBITDA fell 209% 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 | -₹1.22 Lakh | |||
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| Net Profit (PAT) | -₹1.73 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 | -10.2% | |||
| Net Profit Margin | -14.5% | |||
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To see the full financial statements and ratios of Betatech Business Solutions Private Limited, buy the company report.
Board of directors of Betatech Business Solutions Private Limited
Betatech Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avneet Singh Wadhwa | Director | 23 Apr 2012 | 14 Years 6 Months | As last reported |
| Ramandeep Singh Wadhwa Also directs: Betatech Process Consulting LLP | Director | 23 Apr 2012 | 14 Years 6 Months | As last reported |
Peer comparison
Betatech Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Credincios Tech Private Limited | ₹11.97 Lakh (FY 2024) | 68.0% | Jodhpur, Rajasthan, India | |||
| Augur IT Consulting Private Limited | ₹11.97 Lakh (FY 2022) | -22.0% | Ahmedabad, Gujarat, India | |||
| Innovmox Technologies Private Limited | ₹11.97 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| D5 Websoft Private Limited | ₹11.95 Lakh (FY 2021) | 79.0% | Jaipur, Rajasthan, India | |||
| Avyukta Business Centre Private Limited | ₹11.94 Lakh (FY 2019) | 219.0% | Bengaluru, Karnataka, India | |||
| Betatech Business Solutions Private Limitedthis company | ₹11.94 Lakh (FY 2018) | -₹1.73 Lakh | -14.5% | -44.0% | Ludhiana, Punjab, India | |
| Polytropic System Private Limited | ₹11.93 Lakh (FY 2025) | 15.0% | Patna, Bihar, India | |||
| Ecs VTS Systems Private Limited | ₹11.92 Lakh (FY 2024) | -31.0% | Pune, Maharashtra, India | |||
| Sai Application Integrators Private Limited | ₹11.92 Lakh (FY 2018) | -36.0% | Pune, Maharashtra, India | |||
| Akal Infotech (OPC) Private Limited | ₹11.92 Lakh (FY 2025) | -53.0% | Indore, Madhya Pradesh, India | |||
| Greatwits Services Private Limited | ₹11.91 Lakh (FY 2024) | -74.0% | New Delhi, Delhi, India |
To see the full peer comparison of Betatech Business Solutions Private Limited, buy the company report.
Auditor
Betatech Business Solutions Private Limited is audited by Y D & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y D & CO. | FY 2017 | 500927 |
Shareholding
The shareholding of Betatech Business Solutions 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 Betatech Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Betatech 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 Betatech Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Betatech 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 Betatech Business Solutions Private Limited, buy the company report.
Recent activity
Betatech Business Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Avneet Singh Wadhwa was appointed as Director on 23 Apr 2012.
Frequently asked questions
Betatech 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.
Betatech Business Solutions was a private limited company based in Ludhiana, Punjab, India. The company worked in other wholesale, within the trading industry. It was incorporated on 23 April 2012 and is registered under CIN U72900PB2012PTC036170. The company has been struck off by the Registrar of Companies and is no longer operational.
Betatech Business Solutions had 2 directors:
- Avneet Singh Wadhwa - Director
- Ramandeep Singh Wadhwa - Director
The CIN (Corporate Identification Number) of Betatech Business Solutions is U72900PB2012PTC036170. 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 Betatech Business Solutions is at No. 27 Sunrise Extension Pakhowal Road, Ludhiana, Punjab, India – 141002.
Betatech Business Solutions was incorporated on 23 April 2012. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Betatech Business Solutions 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.
No. Betatech Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Betatech Business Solutions operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
The peers of Betatech Business Solutions by revenue are Credincios Tech Private Limited, Augur IT Consulting Private Limited, Innovmox Technologies Private Limited, D5 Websoft Private Limited, Avyukta Business Centre Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Avneet Singh Wadhwa was appointed as Director on 23 Apr 2012. Ramandeep Singh Wadhwa was appointed as Director on 23 Apr 2012.