Choice Technology India Private Limited
About Choice Technology India Private Limited
Data last updated:
Choice Technology India Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 computer programming segment of the technology and IT services sector. It was incorporated on 09 February 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2015PTC099134.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.99 Lakh. It was led by directors Rathna Kumar Maheswari and Sabeeqrahuman.
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 was at Flat No.14 (North Facing) 3rd Floor Baba Towers No.1 Sterling Avenue Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.61 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -19.9%) and EBITDA of -₹64,188 (EBITDA margin -7.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company has 2 deals on record (2 secondary share transfers); the latest was in March 2017. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 5 smaller; the largest is Boffin Tech Services Private Limited with revenue of ₹8.63 Lakh.
Company details
Contact details
Choice Technology India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.14 (North Facing) 3rd Floor Baba Towers No.1 Sterling Avenue Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Choice Technology India 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 Choice Technology India 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 Choice Technology India Private Limited, buy the company report.
Financials of Choice Technology India Private Limited
FY 2019 filings availableChoice Technology India Private Limited reported revenue of ₹8.61 Lakh (down 57% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 57% fall in the latest year. EBITDA rose 90% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹64,188 | ||||
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| Net Profit (PAT) | -₹1.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -7.5% | ||||
| Net Profit Margin | -19.9% | ||||
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To see the full financial statements and ratios of Choice Technology India Private Limited, buy the company report.
Board of directors of Choice Technology India Private Limited
Choice Technology India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rathna Kumar Maheswari | Director | 04 Jun 2019 | 7 Years 4 Months | As last reported |
| Sabeeqrahuman Also directs: Carescape Technologies Private Limited | Director | 04 Dec 2017 | 8 Years 10 Months | As last reported |
Peer comparison
Choice Technology India Private Limited is compared with the 7 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Boffin Tech Services Private Limited | ₹8.63 Lakh (FY 2021) | -45.0% | Chennai, Tamil Nadu, India | |||
| Webertise Technologies Private Limited | ₹8.61 Lakh (FY 2018) | Kozhikode, Kerala, India | ||||
| Choice Technology India Private Limitedthis company | ₹8.61 Lakh (FY 2019) | -₹1.71 Lakh | -19.9% | -57.0% | Chennai, Tamil Nadu, India | |
| Wni Technologies Private Limited | ₹8.61 Lakh (FY 2018) | -29.0% | Noida, Uttar Pradesh, India | |||
| Deuel Information Private Limited | ₹8.61 Lakh (FY 2023) | 84.0% | Tenali, Andhra Pradesh, India | |||
| Digitalaya Technologies Private Limited | ₹8.6 Lakh (FY 2024) | -51.0% | Hyderabad, Telangana, India | |||
| Altctrlfix IT Solutions Private Limited | ₹8.6 Lakh (FY 2025) | 33.0% | Pune, Maharashtra, India | |||
| Xpo-Prism Private Limited | ₹8.6 Lakh (FY 2024) | 116.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Choice Technology India Private Limited, buy the company report.
Auditor
Choice Technology India Private Limited is audited by P.Jayaraman&Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.Jayaraman&Co | FY 2017 | 001312S |
Shareholding
The shareholding of Choice Technology India 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 Choice Technology India Private Limited, buy the company report.
Deals & funding
Choice Technology India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Choice Technology India 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 Choice Technology India 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 Choice Technology India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Choice Technology India Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Rathna Kumar Maheswari ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Choice Technology India 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.
Choice Technology India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in computer programming, within the information technology industry. It was incorporated on 09 February 2015 and is registered under CIN U74999TN2015PTC099134. The company has been struck off by the Registrar of Companies and is no longer operational.
Choice Technology India had 2 directors:
- Rathna Kumar Maheswari - Director
- Sabeeqrahuman - Director
The CIN (Corporate Identification Number) of Choice Technology India is U74999TN2015PTC099134. 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 Choice Technology India is at Flat No.14 North Facing 3rd Floor Baba Towers No.1 Sterling Avenue Nungambakkam, Chennai, Tamil Nadu, India – 600034.
Choice Technology India was incorporated on 09 February 2015. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Choice Technology India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Choice Technology India operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
Choice Technology India has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
The peers of Choice Technology India by revenue are Boffin Tech Services Private Limited, Webertise Technologies Private Limited, Wni Technologies Private Limited, Deuel Information Private Limited, Digitalaya Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rathna Kumar Maheswari ceased to be Additional Director on 30 Sep 2019. Sabeeqrahuman ceased to be Director on 29 Sep 2019. Nandiniy Vijaykumar ceased to be Director on 04 Jun 2019. Choice Technology India has 9 board changes on record in total.
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