G. B. Innovative Technical Solutions Private Limited
About G. B. Innovative Technical Solutions Private Limited
Data last updated:
G. B. Innovative Technical Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29113KA2007PTC041544. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹89.15 Lakh. It is led by directors Shekar Ghatigeppa Sasalatti (Managing Director) and Shivaleela Shakar Sasalatti.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at # 3 Amarjyothinagar Nagarabhavi Main Road, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2015, the company reported a revenue of ₹99.02 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹3.37 Lakh (net margin -3.4%) and EBITDA of ₹9.29 Lakh (EBITDA margin 9.4%).
As per MCA filings, the company has open charges of ₹3.67 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address# 3 Amarjyothinagar Nagarabhavi Main Road, Bangalore, Karnataka, India – 560040
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 G. B. Innovative Technical Solutions Private Limited FY 2015 filings available
G. B. Innovative Technical Solutions Private Limited reported revenue of ₹99.02 Lakh (up 13% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of G. B. Innovative Technical Solutions Private Limited
Revenue rose 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of G. B. Innovative Technical Solutions Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹99.02 Lakh |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹9.29 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹3.37 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 of G. B. Innovative Technical Solutions Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 9.4% |
| Net Profit Margin | -3.4% |
| 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 | •••• |
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 G. B. Innovative Technical Solutions 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.
Auditor Details of G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions Private Limited is audited by B R V GOUD & CO for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B R V GOUD & 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.
Board of Directors of G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions 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 |
|---|---|---|---|---|
| Shekar Ghatigeppa Sasalatti | Managing Director | 23 Jan 2007 | 19 Years 8 Months | Current |
| Shivaleela Shakar Sasalatti | Director | 23 Jan 2007 | 19 Years 8 Months | Current |
Ownership and Shareholding of G. B. Innovative Technical Solutions 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 G. B. Innovative Technical Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2007 | Canara Bank | ₹3.67 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by Nikitha Build-Tech Private Limited | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Nikitha Build-Tech Private Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions Private Limited has a workforce of 0 employees as of Mar 28, 2024.
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 G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Shekar Ghatigeppa Sasalatti ceased to be Director on 30 Aug 2007.
Credit Ratings, Litigation & Regulatory Alerts for G. B. Innovative Technical Solutions 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 G. B. Innovative Technical Solutions 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 G. B. Innovative Technical Solutions 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 G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 G. B. Innovative Technical Solutions 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 G. B. Innovative Technical Solutions Private Limited
G. B. Innovative Technical Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 January 2007 (19+ years old) and is registered under CIN U29113KA2007PTC041544.
G. B. Innovative Technical Solutions reported revenue of ₹99.02 Lakh for FY 2015 (up 13% YoY).
G. B. Innovative Technical Solutions has 2 current directors:
- Shekar Ghatigeppa Sasalatti - Managing Director
- Shivaleela Shakar Sasalatti - Director
G. B. Innovative Technical Solutions reported a net loss of ₹3.37 Lakh (net margin -3.4%) and EBITDA of ₹9.29 Lakh (EBITDA margin 9.4%) for FY 2015, as per its filed financial statements.
No. G. B. Innovative Technical Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of G. B. Innovative Technical Solutions is U29113KA2007PTC041544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G. B. Innovative Technical Solutions has 2 court cases on record: 2 filed against it.
G. B. Innovative Technical Solutions was incorporated on 23 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Shekar Ghatigeppa Sasalatti ceased to be Director on 30 Aug 2007. Shekar Ghatigeppa Sasalatti was appointed as Managing Director on 23 Jan 2007. Shivaleela Shakar Sasalatti was appointed as Director on 23 Jan 2007.
The registered office of G. B. Innovative Technical Solutions is at # 3 Amarjyothinagar Nagarabhavi Main Road, Bangalore, Karnataka, India – 560040.