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.
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- Registered Address4th Floor Indiqubetown Hub Mangala Enter Muncl No.837/1 100Ft Rd Binnamangala 1st, Bangalore, Karnataka, India – 560038
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
Business Activity of Gray Matter Technical Solutions India Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gray Matter Technical Solutions India Private Limited FY 2022 filings available
Gray Matter Technical Solutions India Private Limited reported revenue of ₹4,400 (down 93% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Gray Matter Technical Solutions India Private Limited
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 of Gray Matter Technical Solutions India Private Limited
| 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 of Gray Matter Technical Solutions India Private Limited
| 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 | •••• | •••• | •••• | •••• |
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 Gray Matter Technical Solutions India are in the company report.
Financial statements from FY 2019
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 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 |
Peer Comparison of Gray Matter Technical Solutions India Private Limited
Gray Matter Technical Solutions India Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Low Fare Travel Solutions Private Limited | ₹4,771 (FY 2022) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Three Minds Technology Private Limited | ₹4,640 (FY 2025) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| VSK Green Innovation Private Limited | ₹4,568 (FY 2020) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Chetusha Motors Private Limited | ₹4,500 (FY 2020) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Atikah Business Services Private Limited | ₹4,500 (FY 2021) | •••• | •••• | •••• | Vadodara, Gujarat, India | |
| Gray Matter Technical Solutions India Private Limited this company | ₹4,400 (FY 2022) | •••• | •••• | -93.0% | •••• | Bangalore, Karnataka, India |
| Infobricks Technology (India) Private Limited | ₹4,235 (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Obox BPO Solutions (OPC) Private Limited | ₹4,221 (FY 2022) | •••• | •••• | -100.0% | •••• | Navi Mumbai, Maharashtra, India |
| 9Cortech Private Limited | ₹4,167 (FY 2020) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Abroadfile Migration Support Private Limited | ₹4,020 (FY 2024) | •••• | •••• | 33.0% | •••• | Bangalore, Karnataka, India |
| Citygoddess India Private Limited | ₹4,000 (FY 2023) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Gray Matter Technical Solutions India by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gray Matter Technical Solutions India Private Limited
Gray Matter Technical Solutions India Private Limited is audited by GODSE & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GODSE & ASSOCIATES | 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 Gray Matter Technical 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 Gray Matter Technical Solutions India Private Limited
Gray Matter Technical Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gray Matter Technical Solutions India Private Limited
Gray Matter Technical Solutions India Private Limited has a workforce of 9 employees as of Mar 29, 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 Gray Matter Technical Solutions India Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Gray Matter Technical 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 Gray Matter Technical 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 Gray Matter Technical 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 Gray Matter Technical Solutions India Private Limited
Gray Matter Technical Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG4840L1Z6 | Karnataka | Active | 23 Jan 2019 |
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 Gray Matter Technical 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 Gray Matter Technical Solutions India Private Limited
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.
Gray Matter Technical Solutions India has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.
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.
No. Gray Matter Technical Solutions India is not listed on any stock exchange. It is an unlisted company.
The peers of Gray Matter Technical Solutions India by revenue are Low Fare Travel Solutions Private Limited, Three Minds Technology Private Limited, VSK Green Innovation Private Limited, Chetusha Motors Private Limited, Atikah Business Services Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).