Business Simplified Technology Private Limited

Business Simplified Technology Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2016PTC112678 Incorporated 26 September 2016 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Revenue · FY 2022
₹7,000
▼ 91% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date
Last AGM
30 Sep 2022
Annual general meeting
Company status
Active
MCA master data

About Business Simplified Technology Private Limited

Data last updated:

Business Simplified Technology Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2016PTC112678.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vengatte Sanal Kumar and Pandur Angan Kannan.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 10 Second Street Subramaniya Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U72900TN2016PTC112678
Registration Number 112678
Incorporation Date 26 September 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant

Contact details

Business Simplified Technology Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    10 Second Street Subramaniya Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Business Simplified Technology Private Limited, buy the company report.

Comprehensive company report
Business Simplified Technology Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Business Simplified Technology is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Business Simplified Technology Private Limited, buy the company report.

Financials of Business Simplified Technology Private Limited

FY 2022 filings available

Business Simplified Technology Private Limited reported revenue of ₹7,000 (down 91% YoY) for FY 2022.

Revenue · FY 2022
₹7,000 ▼ 91%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 68%
5 years · compounded
▼ 29%

Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 91% fall 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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

To see the full financial statements and ratios of Business Simplified Technology Private Limited, buy the company report.

Board of directors of Business Simplified Technology Private Limited

Business Simplified Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vengatte Sanal KumarDirector26 Sep 201610 Years 1 MonthsCurrent
Pandur Angan KannanDirector04 Jun 20188 Years 5 MonthsCurrent

Peer comparison

Business Simplified Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Eattreat Media Private Limited₹7,017 (FY 2025)-68.0%New Delhi, Delhi, India
Business Simplified Technology Private Limitedthis company₹7,000 (FY 2022)-91.0%Chennai, Tamil Nadu, India
Optimal Technologies Private Limited₹7,000 (FY 2023)New Delhi, Delhi, India
Golden Bird Marketing Solutions Private Limited₹7,000 (FY 2025)Ambala Cantt, Haryana, India
Upperbound Technologies Private Limited₹7,000 (FY 2020)Haryana, India
Netenzaa Innovations Private Limited₹7,000 (FY 2022)-72.0%Banagalore, Karnataka, India
SNCL Entertainment Limited₹7,000 (FY 2018)Kolkata, West Bengal, India
Grelum Edutech Private Limited₹7,000 (FY 2018)Udhagamandalam, Tamil Nadu, India
Jointcult Artworks Private Limited₹6,945 (FY 2022)-99.0%Kolkata, West Bengal, India
Yummjoy Ventures Private Limited₹6,874 (FY 2024)41.0%Bangalore, Karnataka, India
Psybe Labs Private Limited₹6,870 (FY 2025)-100.0%Hyderabad, Telangana, India

To see the full peer comparison of Business Simplified Technology Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Business Simplified Technology 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 Business Simplified Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Business Simplified Technology Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Pandur Angan Kannan was appointed as Director on 04 Jun 2018.

AGM
Business Simplified Technology Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Business Simplified Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Appointed
Pandur Angan Kannan was appointed as Director.
Ceased
Subbiah Kalyanasundaram ceased to be Director.
Appointed
Subbiah Kalyanasundaram was appointed as Director.
Appointed
Vengatte Sanal Kumar was appointed as Director.
Incorporation
26 Sep 2016
Business Simplified Technology Private Limited was registered on 26 Sep 2016 with Roc Chennai & aged 10 years 1 month as per MCA records.

Frequently asked questions

Business Simplified Technology is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 September 2016 (10+ years old) and is registered under CIN U72900TN2016PTC112678.

Business Simplified Technology has 2 current directors:

The latest financial statements of Business Simplified Technology on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.

The CIN (Corporate Identification Number) of Business Simplified Technology is U72900TN2016PTC112678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Business Simplified Technology was incorporated on 26 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Business Simplified Technology by revenue are Eattreat Media Private Limited, Optimal Technologies Private Limited, Golden Bird Marketing Solutions Private Limited, Upperbound Technologies Private Limited, Netenzaa Innovations Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Pandur Angan Kannan was appointed as Director on 04 Jun 2018. Subbiah Kalyanasundaram ceased to be Director on 04 Jun 2018. Subbiah Kalyanasundaram was appointed as Director on 26 Sep 2016. Business Simplified Technology has 4 board changes on record in total.

The registered office of Business Simplified Technology is at 10 Second Street Subramaniya Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024.

Business Simplified Technology operates in the information technology industry, in the other computer related activities segment.

The compliance status of Business Simplified Technology is active non-compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.

Business Simplified Technology can be reached at its registered office: 10 Second Street Subramaniya Nagar Kodambakkam, Chennai, Tamil Nadu, India – 600024.