Ideas Software and Consulting Private Limited

Ideas Software and Consulting Private Limited - business outsourcing in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2005PTC035513 Incorporated 31 January 2005 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company business outsourcing
Data last updated
Revenue · FY 2015
₹39.35 Lakh
▼ 80% YoY
Net profit · FY 2015
₹4.38 Lakh
Net margin 11.1%
EBITDA · FY 2015
₹10.16 Lakh
EBITDA margin 25.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Ideas Software and Consulting Private Limited

Data last updated:

Ideas Software and Consulting Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Saxon Global India Private Limited. 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 accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 31 January 2005.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC035513. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Pulluri Srinivas and Ajit Nargund Yelgurdrao.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No. 198 1st A Cross Anubhavanagar Nagarbhavi Road, Bangalore, Karnataka, India – 560072.

As per the financials filed for FY 2015, the company reported a revenue of ₹39.35 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹4.38 Lakh (net margin 11.1%) and EBITDA of ₹10.16 Lakh (EBITDA margin 25.8%).

The company has 1 deal on record (1 acquisition); the latest was in December 2012.

Company Details of Ideas Software and Consulting Private Limited
CIN U72200KA2005PTC035513
Registration Number 035513
Incorporation Date 31 January 2005
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Parent Company Saxon Global India Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No. 198 1st A Cross Anubhavanagar Nagarbhavi Road, Bangalore, Karnataka, India – 560072
  • Industry
    Business Outsourcing, Accounting and Financial Analysis
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Financials, compliance, directors, charges, ownership and filings for Ideas Software and Consulting Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Ideas Software and Consulting Private Limited FY 2018 filings available

Ideas Software and Consulting Private Limited reported revenue of ₹39.35 Lakh (down 80% YoY) for FY 2015.

Revenue · FY 2015
₹39.35 Lakh ▼ 80%
Net profit · FY 2015
₹4.38 Lakh margin 11.1%
EBITDA · FY 2015
₹10.16 Lakh margin 25.8%

Compounded Annual Growth Rate (CAGR) of Ideas Software and Consulting Private Limited

Revenue CAGR growth
1 year
▼ 80%

Revenue fell 80% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Ideas Software and Consulting Private Limited

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue₹39.35 Lakh
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA₹10.16 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹4.38 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 Ideas Software and Consulting Private Limited

MetricsFY 2014-15
Profitability
EBITDA Margin25.8%
Net Profit Margin11.1%
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••••

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 Ideas Software and Consulting are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Ideas Software and Consulting Private Limited

Ideas Software and Consulting Private Limited is audited by S. S. B. & Associates for the financial year 2015.

NameStatusAppointment DateCessation Date
S. S. B. & AssociatesLockedLockedLocked
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Board of Directors of Ideas Software and Consulting Private Limited

Ideas Software and Consulting has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pulluri SrinivasDirector15 Jun 20197 Years 3 MonthsAs last reported
Ajit Nargund YelgurdraoDirector15 Jun 20197 Years 3 MonthsAs last reported

Ownership and Shareholding of Ideas Software and Consulting Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Ideas Software and Consulting Private Limited

Ideas Software and Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Ideas Software and Consulting Private Limited

Ideas Software and Consulting Private Limited has 1 deal on record (1 acquisition); the latest was in December 2012.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2012AcquisitionUndisclosedBuyer: Saxon Global Inc
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Full deal history

All 1 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Ideas Software and Consulting Private Limited

Employment history and EPFO contributions of people linked to Ideas Software and Consulting.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Ideas Software and Consulting Private Limited

Ideas Software and Consulting Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Gopikrishna Kandukuri ceased to be Director on 23 Jul 2019.

Ceased
Gopikrishna Kandukuri ceased to be Director.
Ceased
Haricharan Shakunthala Mylaraiah ceased to be Whole-Time Director.
Appointed
Ajit Nargund Yelgurdrao was appointed as Director.
Appointed
Pulluri Srinivas was appointed as Director.
Ceased
Gajavelly Suman Kumar ceased to be Director.
AGM
Ideas Software And Consulting Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Ideas Software And Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Sudhir Ranganna Patavardhan ceased to be Whole-Time Director.
Ceased
Sandhya Nivarthi Sundaresha ceased to be Whole-Time Director.
Ceased
Jayaram Sathyanarayana ceased to be Additional Director.
Ceased
Venkatasubramanian Panchukrishnan ceased to be Whole-Time Director.
Ceased
Bindiganavle Krishnaprasad Ramkishan ceased to be Whole-Time Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ideas Software and Consulting Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Ideas Software and Consulting Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Ideas Software and Consulting Private Limited

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Corporate group structure

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GST Compliance of Ideas Software and Consulting Private Limited

Ideas Software and Consulting has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ideas Software and Consulting Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Ideas Software and Consulting Private Limited

Ideas Software and Consulting 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.

Ideas Software and Consulting was a private limited company based in Bangalore, Karnataka, India. The company worked in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 31 January 2005 and is registered under CIN U72200KA2005PTC035513. The company has been struck off by the Registrar of Companies and is no longer operational.

Ideas Software and Consulting had 2 directors:

The CIN (Corporate Identification Number) of Ideas Software and Consulting is U72200KA2005PTC035513. 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 Ideas Software and Consulting is at No. 198 1st A Cross Anubhavanagar Nagarbhavi Road, Bangalore, Karnataka, India – 560072.

Ideas Software and Consulting was incorporated on 31 January 2005. It is registered with the Registrar of Companies, Bangalore.

Ideas Software and Consulting reported revenue of ₹39.35 Lakh for FY 2015 (down 80% YoY).

Ideas Software and Consulting has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.

Ideas Software and Consulting reported a net profit of ₹4.38 Lakh (net margin 11.1%) and EBITDA of ₹10.16 Lakh (EBITDA margin 25.8%) for FY 2015, as per its filed financial statements.

No. Ideas Software and Consulting has 1 GST registration on record and it is cancelled or inactive.

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