Comet Solutions (India) Private Limited
About Comet Solutions (India) Private Limited
Data last updated:
Comet Solutions (India) Private Limited was a private limited company based in Mumbai, Maharashtra, 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 IT services segment of the services sector. It was incorporated on 24 February 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH1999PTC118497.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Aseem Yousuf Rais and Anjum Yusuf Rais.
Its last annual general meeting (AGM) was held on 04 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sana Auto Salesg – 3 Shamiana 5 Veronica Road Near Mt Carmal Church Bandra, Mumbai, Maharashtra, India – 400050.
As per MCA filings, the company had satisfied charges of ₹7.5 Lakh on record.
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- Registered AddressSana Auto Salesg – 3 Shamiana 5 Veronica Road Near Mt Carmal Church Bandra, Mumbai, Maharashtra, India – 400050
- IndustryService, Information Technology Services
- 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
- One PDF report, delivered after checkout
Financials of Comet Solutions (India) Private Limited FY 2023 filings available
Financial Statement Summary of Comet Solutions (India) Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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 of Comet Solutions (India) Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Comet Solutions (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Comet Solutions (India) Private Limited
Comet Solutions (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aseem Yousuf Rais Also directs: Rais Institute of Management Studies Private Limited | Director | 01 Dec 2021 | 4 Years 10 Months | As last reported |
| Anjum Yusuf Rais | Director | 24 Feb 1999 | 27 Years 7 Months | As last reported |
Auditor Details of Comet Solutions (India) Private Limited
Comet Solutions (India) Private Limited is audited by RAJ KUMAR GROVER AND CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJ KUMAR GROVER AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Comet Solutions (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Comet Solutions (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 1999 | Abhyudaya Co-Op. Bank Ltd. | ₹7.5 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Comet Solutions (India) Private Limited
Employment history and EPFO contributions of people linked to Comet Solutions (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Comet Solutions (India) Private Limited
Comet Solutions (India) Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Shahnwaz Yousuf Rais ceased to be Director on 06 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Comet Solutions (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Comet Solutions (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Comet Solutions (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Comet Solutions (India) Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Comet Solutions (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Comet Solutions (India) Private Limited
Comet Solutions (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.
Comet Solutions (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in information technology services, within the service industry. It was incorporated on 24 February 1999 and is registered under CIN U72300MH1999PTC118497. The company has been struck off by the Registrar of Companies and is no longer operational.
Comet Solutions (India) had 2 directors:
- Aseem Yousuf Rais - Director
- Anjum Yusuf Rais - Director
The CIN (Corporate Identification Number) of Comet Solutions (India) is U72300MH1999PTC118497. 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 Comet Solutions (India) is at Sana Auto Salesg – 3 Shamiana 5 Veronica Road Near Mt Carmal Church Bandra, Mumbai, Maharashtra, India – 400050.
Comet Solutions (India) was incorporated on 24 February 1999. It is registered with the Registrar of Companies, Mumbai.
Comet Solutions (India) has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Comet Solutions (India) operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
No. Comet Solutions (India) is not listed on any stock exchange. It is an unlisted company.
Shahnwaz Yousuf Rais ceased to be Director on 06 Dec 2021. Aseem Yousuf Rais was appointed as Director on 01 Dec 2021. Anjum Yusuf Rais was appointed as Director on 24 Feb 1999.