Collaborative Infotech Systems Private Limited

Collaborative Infotech Systems Private Limited - information technology in Bangalore, Karnataka, India. MCA registration details.
CIN U72200KA2008PTC048014 Incorporated 15 October 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Converted to LLP Private Limited Company information technology
Revenue · FY 2020
₹5.01 Lakh
▲ 23689% YoY
Net profit · FY 2020
₹38,633
Net margin 7.7%
EBITDA · FY 2020
₹1.52 Lakh
EBITDA margin 30.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
GST registrations
1
None active
Brands
1
Associated brands

About Collaborative Infotech Systems Private Limited

Data last updated:

Collaborative Infotech Systems Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 October 2008.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC048014. The company has 1 GST registration on record, which is no longer active.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.

Its last annual general meeting (AGM) was held on 24 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No. 90 6th Cross Chennamma Tank Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.

As per the financials filed for FY 2020, the company reported a revenue of ₹5.01 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹38,633 (net margin 7.7%) and EBITDA of ₹1.52 Lakh (EBITDA margin 30.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 27% over five years.

The company is associated with 1 brand: Collaborative Infotech Systems.

The last known website on record is colitsys.com.

Company details

CIN U72200KA2008PTC048014
Registration Number 048014
Incorporation Date 15 October 2008
ROC Bangalore
Listing Status Unlisted
Company Status Converted to LLP
Compliance Status Active Compliant

Contact details

Collaborative Infotech Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is colitsys.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 90 6th Cross Chennamma Tank Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Collaborative Infotech Systems Private Limited, buy the company report.

Comprehensive company report
Collaborative Infotech Systems 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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Brands

Collaborative Infotech Systems operates one associated brand: Collaborative Infotech Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Offers outsourced software engineering, consulting, training, and own product development.colitsys.com

Business activity

The main business activity of Collaborative Infotech Systems 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 Collaborative Infotech Systems Private Limited, buy the company report.

Financials of Collaborative Infotech Systems Private Limited

FY 2020 filings available

Collaborative Infotech Systems Private Limited reported revenue of ₹5.01 Lakh (up 23689% YoY) for FY 2020.

Revenue · FY 2020
₹5.01 Lakh ▲ 23689%
Net profit · FY 2020
₹38,633 margin 7.7%
EBITDA · FY 2020
₹1.52 Lakh margin 30.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 38%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 481%
3 years · compounded
▲ 41%
5 years · compounded
▲ 8%

Revenue has declined at a compounded annual rate (CAGR) of 27% over five years. EBITDA rose 481% 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹5.01 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.52 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹38,633
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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin30.3%
Net Profit Margin7.7%
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 Collaborative Infotech Systems Private Limited, buy the company report.

Board of directors of Collaborative Infotech Systems Private Limited

Collaborative Infotech Systems has 4 former directors on record and no current directors listed.

Auditor

Collaborative Infotech Systems Private Limited is audited by ANIL D SOUZA & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
ANIL D SOUZA & ASSOCIATESFY 2020013346S

Shareholding

The shareholding of Collaborative Infotech Systems Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Collaborative Infotech Systems Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Collaborative Infotech Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Collaborative Infotech Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Collaborative Infotech Systems Private Limited, buy the company report.

Recent activity

Collaborative Infotech Systems Private Limited has 4 board changes on record since 2011: 0 appointments and 4 cessations. The latest: Krishnamurthy Lakshminarayanappa ceased to be Director on 28 Feb 2021.

Ceased
Krishnamurthy Lakshminarayanappa ceased to be Director.
Ceased
Nagarajamurthy Lakshminarayanappa ceased to be Director.
Ceased
Venkatesh Krishnamurthy ceased to be Director.
AGM
Collaborative Infotech Systems Private Limited last Annual general meeting of members was held on 24 Nov 2020 as per latest MCA records.
Filing
Collaborative Infotech Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Ceased
Susheela Rangappa ceased to be Director.
Incorporation
15 Oct 2008
Collaborative Infotech Systems Private Limited was registered on 15 Oct 2008 with Roc Bangalore & aged 18 years 30 days as per MCA records.

Frequently asked questions

Collaborative Infotech Systems has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Collaborative Infotech Systems 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 15 October 2008 and is registered under CIN U72200KA2008PTC048014. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Collaborative Infotech Systems is U72200KA2008PTC048014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Collaborative Infotech Systems was incorporated on 15 October 2008. It is registered with the Registrar of Companies, Bangalore.

Collaborative Infotech Systems can be reached through the website colitsys.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Collaborative Infotech Systems is at No. 90 6th Cross Chennamma Tank Banashankari 2nd Stage, Bangalore, Karnataka, India – 560070.

The latest financial statements of Collaborative Infotech Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 24 November 2020. Year-wise statements from 2015 are in the company report.

No. Collaborative Infotech Systems has 1 GST registration on record and it is cancelled or inactive.

Collaborative Infotech Systems operated in the information technology industry, in the application development and software solutions segment.

Krishnamurthy Lakshminarayanappa ceased to be Director on 28 Feb 2021. Nagarajamurthy Lakshminarayanappa ceased to be Director on 28 Feb 2021. Venkatesh Krishnamurthy ceased to be Director on 28 Feb 2021. Collaborative Infotech Systems has 4 board changes on record in total.