Gray Matter Technical Solutions India Private Limited
About Gray Matter Technical Solutions India Private Limited
Data last updated:
Gray Matter Technical Solutions India Private Limited was a foreign private limited company based in Bangalore, Karnataka, 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 business process outsourcing sector. It was incorporated on 20 September 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018FTC116662. Its GSTIN is 29AAHCG4840L1Z6 (Karnataka).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Garima Bhupendra Mitra and Jitesh Pradeep Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 4th Floor Indiqubetown Hub Mangala Enter Muncl No.837/1 100Ft Rd Binnamangala 1st, Bangalore, Karnataka, India – 560038.
The company had about 9 employees on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
Gray Matter Technical Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address4th Floor Indiqubetown Hub Mangala Enter Muncl No.837/1 100Ft Rd Binnamangala 1st, Bangalore, Karnataka, India – 560038
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Gray Matter Technical Solutions India 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
Business activity
The main business activity of Gray Matter Technical Solutions India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of Gray Matter Technical Solutions India Private Limited
FY 2022 filings availableGray Matter Technical Solutions India Private Limited reported revenue of ₹4,400 (down 93% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 92% over three years, including a 93% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | ||||
To see the full financial statements and ratios of Gray Matter Technical Solutions India Private Limited, buy the company report.
Board of directors of Gray Matter Technical Solutions India Private Limited
Gray Matter Technical Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Garima Bhupendra Mitra | Director | 26 May 2020 | 6 Years 4 Months | As last reported |
| Jitesh Pradeep Agarwal Also directs: Treelife Venture Services Ifsc Private Limited, Treelife Ventures Services Private Limited, Ciranta Foundation and 2 more | Director | 20 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
Gray Matter Technical Solutions India Private Limited is audited by GODSE & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GODSE & ASSOCIATES | FY 2020 | 142480W |
Shareholding
The shareholding of Gray Matter Technical Solutions India Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gray Matter Technical Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gray Matter Technical Solutions India 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 Gray Matter Technical Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gray Matter Technical Solutions India Private Limited has a workforce of 9 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Gray Matter Technical Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG4840L1Z6 | Karnataka | Active | 23 Jan 2019 |
To see the full GST registrations and return filing status of Gray Matter Technical Solutions India Private Limited, buy the company report.
Recent activity
Gray Matter Technical Solutions India Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Nicolas John Ramsay ceased to be Director on 28 May 2020.
Frequently asked questions
Gray Matter Technical 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.
Gray Matter Technical Solutions India was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 20 September 2018 and is registered under CIN U74999KA2018FTC116662. The company has been struck off by the Registrar of Companies and is no longer operational.
Gray Matter Technical Solutions India had 2 directors:
- Garima Bhupendra Mitra - Director
- Jitesh Pradeep Agarwal - Director
The CIN (Corporate Identification Number) of Gray Matter Technical Solutions India is U74999KA2018FTC116662. 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 Gray Matter Technical Solutions India is at 4th Floor Indiqubetown Hub Mangala Enter Muncl No.8371 100Ft Rd Binnamangala 1st, Bangalore, Karnataka, India – 560038.
Gray Matter Technical Solutions India was incorporated on 20 September 2018. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Gray Matter Technical Solutions India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Gray Matter Technical Solutions India is 29AAHCG4840L1Z6, registered in Karnataka.
Gray Matter Technical Solutions India operated in the business outsourcing industry, in the business process outsourcing segment. It worked in this industry before it was struck off.
Nicolas John Ramsay ceased to be Director on 28 May 2020. Vinod Nair ceased to be Director on 28 May 2020. Garima Bhupendra Mitra was appointed as Director on 26 May 2020. Gray Matter Technical Solutions India has 4 board changes on record in total.