Genuine ITES Private Limited
About Genuine ITES Private Limited
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Genuine ITES Private Limited was a private limited company based in Hyderabad, Telangana, 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 products retail and distribution segment of the technology and IT services sector. It was incorporated on 17 October 2007.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2007PTC055970. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Rajendra Babu Munagala and Mohammed Mustafa Syed.
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 was at Flat No.106 Plot No.107 Sai Shakthi Enclave Motinagar, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2015, the company reported a revenue of ₹7.19 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹7,003 (net margin -1%) and EBITDA of ₹3,500 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years.
Company details
CIN history
Genuine ITES has one previous CIN (Corporate Identification Number): U72200AP2007PTC055970. The current CIN is U72200TG2007PTC055970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2007PTC055970 | Current |
| U72200AP2007PTC055970 | Previous |
Contact details
Genuine ITES Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No.106 Plot No.107 Sai Shakthi Enclave Motinagar, Hyderabad, Telangana, India – 500018
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services, Computer Hardware Manufacturing & Retail
To see the full contact details of Genuine ITES 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
Financials of Genuine ITES Private Limited
FY 2015 filings availableGenuine ITES Private Limited reported revenue of ₹7.19 Lakh (down 40% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over three years, including a 40% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹7.19 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3,500 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹7,003 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.5% |
| Net Profit Margin | -1% |
| 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 Genuine ITES Private Limited, buy the company report.
Board of directors of Genuine ITES Private Limited
Genuine ITES has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Babu Munagala Also directs: Sri Sai Dwarakamai Infra LLP, Sai Dwarakamai Pharma LLP, Sai Sannidhi Pharmaceutical (India) Private Limited and 1 more | Director | 17 Oct 2007 | 19 Years 0 Months | As last reported |
| Deepthi Somisetty | Additional Director | 23 Jun 2011 | 15 Years 4 Months | As last reported |
| Mohammed Mustafa Syed | Director | 02 Apr 2016 | 10 Years 6 Months | As last reported |
| Govindappa Aravind Also directs: Ama Auto India Private Limited, Nyahnah Learning Private Limited | Director | 02 Apr 2016 | 10 Years 6 Months | As last reported |
Auditor
Genuine ITES Private Limited is audited by M N S JAGADISH & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N S JAGADISH & CO | FY 2015 | 013312S |
Shareholding
The shareholding of Genuine ITES Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Genuine ITES Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Genuine ITES 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 Genuine ITES Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Genuine ITES has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Genuine ITES Private Limited, buy the company report.
Recent activity
Genuine ITES Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Govindappa Aravind was appointed as Director on 02 Apr 2016.
Frequently asked questions
Genuine ITES 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.
Genuine ITES was a private limited company based in Hyderabad, Telangana, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 17 October 2007 and is registered under CIN U72200TG2007PTC055970. The company has been struck off by the Registrar of Companies and is no longer operational.
Genuine ITES had 4 directors:
- Rajendra Babu Munagala - Director
- Deepthi Somisetty - Additional Director
- Mohammed Mustafa Syed - Director
- Govindappa Aravind - Director
The CIN (Corporate Identification Number) of Genuine ITES is U72200TG2007PTC055970. 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 Genuine ITES is at Flat No.106 Plot No.107 Sai Shakthi Enclave Motinagar, Hyderabad, Telangana, India – 500018.
Genuine ITES was incorporated on 17 October 2007. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Genuine ITES on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Genuine ITES has 2 GST registrations on record and all of them are cancelled or inactive.
Genuine ITES operated in the information technology industry, in the IT products retail and distribution segment. It worked in this industry before it was struck off.
Govindappa Aravind was appointed as Director on 02 Apr 2016. Mohammed Mustafa Syed was appointed as Director on 02 Apr 2016. Burugu Chaitanya Kumar ceased to be Director on 27 Jun 2011. Genuine ITES has 5 board changes on record in total.