About Itek Business Solutions Private Limited
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Itek Business Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, 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 computer programming segment of the technology and IT services sector. It was incorporated on 30 November 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2007PTC176328. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Pradeep Saxena and Suresh Mani.
Its last annual general meeting (AGM) was held on 01 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 177A Ground Floor Sdf VI Seepz SEZ MIDC Area Andheri East, Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2017, the company reported a revenue of ₹27.63 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹2.03 Lakh (net margin -7.3%) and EBITDA of ₹10.69 Lakh (EBITDA margin 38.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The last known website on record is itek.com.
Company details
Contact details
Itek Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is itek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address177A Ground Floor Sdf VI Seepz SEZ MIDC Area Andheri East, Mumbai, Maharashtra, India – 400096
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Itek Business Solutions 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 Itek Business Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Itek Business Solutions Private Limited, buy the company report.
Financials of Itek Business Solutions Private Limited
FY 2017 filings availableItek Business Solutions Private Limited reported revenue of ₹27.63 Lakh (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 53% fall in the latest year. EBITDA rose 6% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹27.63 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹10.69 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.03 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 38.7% | ||
| Net Profit Margin | -7.3% | ||
| 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 Itek Business Solutions Private Limited, buy the company report.
Board of directors of Itek Business Solutions Private Limited
Itek Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Saxena | Director | 30 Nov 2007 | 18 Years 11 Months | As last reported |
| Suresh Mani | Director | 30 Nov 2007 | 18 Years 11 Months | As last reported |
Peer comparison
Itek Business Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Retailmart Technologies Private Limited | ₹27.68 Lakh (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Riqueza Solutions Private Limited | ₹27.67 Lakh (FY 2018) | Jaipur, Rajasthan, India | ||||
| Insinew Ventures Private Limited | ₹27.66 Lakh (FY 2024) | 159.0% | New Delhi, Delhi, India | |||
| Sukrom Technologies Private Limited | ₹27.64 Lakh (FY 2024) | 45.0% | Rajkot, Gujarat, India | |||
| Itek Business Solutions Private Limitedthis company | ₹27.63 Lakh (FY 2017) | -₹2.03 Lakh | -7.3% | -53.0% | Mumbai, Maharashtra, India | |
| Trescope Consulting Private Limited | ₹27.62 Lakh (FY 2025) | -6.0% | Thodupuzha, Kerala, India | |||
| Brandwiki Open Publishing Private Limited | ₹27.62 Lakh (FY 2025) | 91.0% | Gurgaon, Haryana, India | |||
| Lamplighters Tech Private Limited | ₹27.61 Lakh (FY 2025) | 13.0% | Dharamsala, Himachal Pradesh, India | |||
| Techcushy Software Solutions Private Limited | ₹27.61 Lakh (FY 2025) | 37.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Itek Business Solutions Private Limited, buy the company report.
Auditor
Itek Business Solutions Private Limited is audited by A. D. & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. D. & CO. | FY 2017 | 100378W |
Shareholding
The shareholding of Itek Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Itek Business Solutions Private Limited, buy the company report.
Legal cases
Itek Business Solutions Private Limited has 5 court cases on record: 1 filed by Itek Business Solutions, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRR) | Filed against the company by Datamatics Global Services Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Datamatics Global Services Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Datamatics Global Services Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Datamatics Global Services Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Itek Business Solutions 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 Itek Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Itek Business Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Itek Business Solutions Private Limited, buy the company report.
Recent activity
Itek Business Solutions Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Pradeep Saxena was appointed as Director on 30 Nov 2007.
Frequently asked questions
Itek Business Solutions 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.
Itek Business Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in computer programming, within the information technology industry. It was incorporated on 30 November 2007 and is registered under CIN U72900MH2007PTC176328. The company has been struck off by the Registrar of Companies and is no longer operational.
Itek Business Solutions had 2 directors:
- Pradeep Saxena - Director
- Suresh Mani - Director
The CIN (Corporate Identification Number) of Itek Business Solutions is U72900MH2007PTC176328. 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 Itek Business Solutions is at 177A Ground Floor Sdf VI Seepz SEZ MIDC Area Andheri East, Mumbai, Maharashtra, India – 400096.
Itek Business Solutions was incorporated on 30 November 2007. It is registered with the Registrar of Companies, Mumbai.
Itek Business Solutions can be reached through the website itek.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Itek Business Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 01 July 2017. Year-wise statements from 2015 are in the company report.
No. Itek Business Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Itek Business Solutions operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Itek Business Solutions by revenue are Retailmart Technologies Private Limited, Riqueza Solutions Private Limited, Insinew Ventures Private Limited, Sukrom Technologies Private Limited, Trescope Consulting Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
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