Gramar I T Solutions Private Limited
About Gramar I T Solutions Private Limited
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Gramar I T Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 24 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2004PTC053557. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narayanaswamy Nandakumar (Managing Director) and Narayanaswamy Mahendrakumar.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2 Link Street Kottur Gardens Chennai – 85, Tamil Nadu, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.15 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹6.82 Lakh (net margin -216.4%) and EBITDA of -₹4.93 Lakh (EBITDA margin -156.6%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gramar I T Solutions Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address2 Link Street Kottur Gardens Chennai – 85, Tamil Nadu, India
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Gramar I T Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Gramar I T Solutions Private Limited, buy the company report.
Financials of Gramar I T Solutions Private Limited
FY 2018 filings availableGramar I T Solutions Private Limited reported revenue of ₹3.15 Lakh (down 93% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 93% fall in the latest year. EBITDA rose 48% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4.93 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹6.82 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -156.6% | |||
| Net Profit Margin | -216.4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Gramar I T Solutions Private Limited, buy the company report.
Board of directors of Gramar I T Solutions Private Limited
Gramar I T Solutions 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 |
|---|---|---|---|---|
| Narayanaswamy Nandakumar | Managing Director | 24 Jun 2004 | 22 Years 4 Months | Current |
| Narayanaswamy Mahendrakumar Also directs: Devinarayan Infra Private Limited | Director | 24 Jun 2004 | 22 Years 4 Months | Current |
| Sudhakar Narayanaswamy Also directs: Devinarayan Exporters Private Limited, Gold Earth City Private Limited, Gold Earth Properties Private Limited and 1 more | Director | 24 Jun 2004 | 22 Years 4 Months | Current |
| Narayanaswamy Mahesh | Director | 24 Jun 2004 | 22 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2008 | 10377921 | Bank of India | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Gramar I T Solutions 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 Gramar I T Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gramar I T Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gramar I T Solutions Private Limited, buy the company report.
Recent activity
Gramar I T Solutions Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Murugan Shanmuga Sundaram ceased to be Director on 04 Sep 2018.
Frequently asked questions
Gramar I T Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 24 June 2004 (22+ years old) and is registered under CIN U72200TN2004PTC053557.
Gramar I T Solutions has 4 current directors:
- Narayanaswamy Nandakumar - Managing Director
- Narayanaswamy Mahendrakumar - Director
- Sudhakar Narayanaswamy - Director
- Narayanaswamy Mahesh - Director
The latest financial statements of Gramar I T Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Gramar I T Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gramar I T Solutions is U72200TN2004PTC053557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gramar I T Solutions was incorporated on 24 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Murugan Shanmuga Sundaram ceased to be Director on 04 Sep 2018. Narayanaswamy Mahendrakumar was appointed as Director on 24 Jun 2004. Narayanaswamy Mahesh was appointed as Director on 24 Jun 2004. Gramar I T Solutions has 5 board changes on record in total.
The registered office of Gramar I T Solutions is at 2 Link Street Kottur Gardens Chennai – 85, Tamil Nadu, India.
Gramar I T Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Gramar I T Solutions has open charges of ₹30 Lakh and no satisfied charges on record as per latest MCA filings.
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