Channelyst Advisory Services Private Limited
About Channelyst Advisory Services Private Limited
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Channelyst Advisory Services Private Limited was a private limited company based in Bangalore, Karnataka, 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 09 May 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC069013. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹48.25 Lakh and a paid-up capital of ₹47.96 Lakh. It was led by directors including Anish Ashim Basuroy and Anterpreet Singh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2016, the company reported a revenue of ₹32.75 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹53.84 Lakh (net margin -164.4%) and EBITDA of -₹49.76 Lakh (EBITDA margin -151.9%).
The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.18 Cr; the latest was in March 2018. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Expert Software Systems Private Limited with revenue of ₹32.97 Lakh.
Company details
Contact details
Channelyst Advisory Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressB – 704 Plumeria Tower 2 Adarsh Palm Retreat Belandur Outer Ring Road Near Intel Cam, Pus, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Channelyst Advisory Services 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 Channelyst Advisory Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Channelyst Advisory Services Private Limited, buy the company report.
Financials of Channelyst Advisory Services Private Limited
FY 2016 filings availableChannelyst Advisory Services Private Limited reported revenue of ₹32.75 Lakh (down 29% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year. EBITDA rose 65% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹32.75 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹49.76 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹53.84 Lakh | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -151.9% | |
| Net Profit Margin | -164.4% | |
| 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 Channelyst Advisory Services Private Limited, buy the company report.
Board of directors of Channelyst Advisory Services Private Limited
Channelyst Advisory Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Ashim Basuroy | Director | 09 May 2013 | 13 Years 5 Months | As last reported |
| Anterpreet Singh | Director | 09 May 2013 | 13 Years 5 Months | As last reported |
| Bangalore Gopalakrishna Vishalkumar Also directs: Dragonhorse Retail Private Limited | Additional Director | 08 Jul 2014 | 12 Years 4 Months | As last reported |
Peer comparison
Channelyst Advisory Services Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Expert Software Systems Private Limited | ₹32.97 Lakh (FY 2025) | -59.0% | Chennai, Tamil Nadu, India | |||
| Imedhas Consulting Services India Private Limited | ₹32.79 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Channelyst Advisory Services Private Limitedthis company | ₹32.75 Lakh (FY 2016) | -₹53.84 Lakh | -164.4% | -29.0% | Bangalore, Karnataka, India | |
| Ezyloads Logistics Private Limited | ₹32.64 Lakh (FY 2021) | -61.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Channelyst Advisory Services Private Limited, buy the company report.
Auditor
Channelyst Advisory Services Private Limited is audited by KUMAR PARASHAR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR PARASHAR & CO | FY 2016 | 015385C |
Shareholding
The shareholding of Channelyst Advisory Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Channelyst Advisory Services Private Limited, buy the company report.
Deals & funding
Channelyst Advisory Services Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.18 Cr; the latest was in March 2018.
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹43.3 Lakh | Investors: 2 individuals |
To see the full deal history of Channelyst Advisory Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Channelyst Advisory Services 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 Channelyst Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Channelyst Advisory Services Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Channelyst Advisory Services 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 Channelyst Advisory Services Private Limited, buy the company report.
Recent activity
Channelyst Advisory Services Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Sunil Prasad Motaparti ceased to be Additional Director on 18 Mar 2016.
Frequently asked questions
Channelyst Advisory Services 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.
Channelyst Advisory Services was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 09 May 2013 and is registered under CIN U72200KA2013PTC069013. The company has been struck off by the Registrar of Companies and is no longer operational.
Channelyst Advisory Services had 3 directors:
- Anish Ashim Basuroy - Director
- Anterpreet Singh - Director
- Bangalore Gopalakrishna Vishalkumar - Additional Director
The CIN (Corporate Identification Number) of Channelyst Advisory Services is U72200KA2013PTC069013. 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 Channelyst Advisory Services is at B – 704 Plumeria Tower 2 Adarsh Palm Retreat Belandur Outer Ring Road Near Intel Cam, Pus, Bangalore, Karnataka, India – 560103.
Channelyst Advisory Services was incorporated on 09 May 2013. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Channelyst Advisory Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Channelyst Advisory Services has 1 GST registration on record and it is cancelled or inactive.
Channelyst Advisory Services operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Channelyst Advisory Services has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹2.18 Cr; the latest was in March 2018.
The peers of Channelyst Advisory Services by revenue are Expert Software Systems Private Limited, Imedhas Consulting Services India Private Limited, Ezyloads Logistics Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
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