About Irasol India Private Limited
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Irasol India Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 September 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2012PTC087634. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Nazir Hussain Jasmine Farzana and Ramamoorthy Shanmugam.
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 No.215 Chowdry Nagar Main Road Valasaravakkam, Chennai, Tamil Nadu, India – 600087.
As per the financials filed for FY 2015, the company reported a revenue of ₹37.04 Lakh, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹57,933 (net margin 1.6%) and EBITDA of ₹2.17 Lakh (EBITDA margin 5.9%).
The company was associated with 1 brand: Irasol. Court records list 27 cases involving the company, including 23 filed by the company and 4 filed against it.
The last known website on record is irasol.in.
Company details
Contact details
Irasol India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is irasol.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.215 Chowdry Nagar Main Road Valasaravakkam, Chennai, Tamil Nadu, India – 600087
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Irasol 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 Irasol India is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Irasol India Private Limited, buy the company report.
Financials of Irasol India Private Limited
FY 2015 filings availableIrasol India Private Limited reported revenue of ₹37.04 Lakh (up 82% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 82% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹37.04 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.17 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹57,933 |
| 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 | 5.9% |
| Net Profit Margin | 1.6% |
| 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 Irasol India Private Limited, buy the company report.
Board of directors of Irasol India Private Limited
Irasol 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 |
|---|---|---|---|---|
| Nazir Hussain Jasmine Farzana | Director | 05 Jan 2016 | 10 Years 9 Months | As last reported |
| Ramamoorthy Shanmugam | Director | 13 Sep 2012 | 14 Years 1 Months | As last reported |
Auditor
Irasol India Private Limited is audited by K.C. KUMARAN for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.C. KUMARAN | FY 2015 | 222449 |
Shareholding
The shareholding of Irasol India Private Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Irasol India Private Limited, buy the company report.
Legal cases
Irasol India Private Limited has 27 court cases on record: 23 filed by Irasol India, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 4 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Erode, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Appeal | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Irasol India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Irasol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Irasol India 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 Irasol India Private Limited, buy the company report.
Recent activity
Irasol India Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Hariharan Krishnan ceased to be Director on 06 Jan 2016.
Frequently asked questions
Irasol 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.
Irasol India was a private limited company based in Chennai, Tamil Nadu, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 September 2012 and is registered under CIN U74900TN2012PTC087634. The company has been struck off by the Registrar of Companies and is no longer operational.
Irasol India had 2 directors:
- Nazir Hussain Jasmine Farzana - Director
- Ramamoorthy Shanmugam - Director
The CIN (Corporate Identification Number) of Irasol India is U74900TN2012PTC087634. 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 Irasol India is at No.215 Chowdry Nagar Main Road Valasaravakkam, Chennai, Tamil Nadu, India – 600087.
Irasol India was incorporated on 13 September 2012. It is registered with the Registrar of Companies, Chennai.
Irasol India can be reached through the website irasol.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Irasol India 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. Irasol India has 1 GST registration on record and it is cancelled or inactive.
Irasol India operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.