Itrope Technologies Private Limited

Itrope Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2013PTC090358 Incorporated 01 April 2013 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2021
₹1.78 Cr
▼ 21% YoY
Net loss · FY 2021
₹28.52 Lakh
Net margin -16%
EBITDA · FY 2021
-₹20.43 Lakh
EBITDA margin -11.5%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹69.65 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
16
Provident fund records

About Itrope Technologies Private Limited

Data last updated:

Itrope Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 April 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2013PTC090358. Its GSTIN is 33AADCI2072G1ZY (Tamil Nadu).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Mohamed Umar Shafi Mohamed and Vivek.

Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.372 1st Floor Dr. Venkatesh Arcade Tic Road(Mth Road) Ambattur, Chennai, Tamil Nadu, India – 600053.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.78 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹28.52 Lakh (net margin -16%) and EBITDA of -₹20.43 Lakh (EBITDA margin -11.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.

The company has about 16 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Itrope. As per MCA filings, the company has open charges of ₹69.65 Lakh on record.

Itrope Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0007350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itropetechnologies.com.

Company details

CIN U74999TN2013PTC090358
Registration Number 090358
Incorporation Date 01 April 2013
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-24-0007350

Recognitions & Rankings of Itrope Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TN-24-0007350

Contact details

Itrope Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is itropetechnologies.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    No.372 1st Floor Dr. Venkatesh Arcade Tic Road(Mth Road) Ambattur, Chennai, Tamil Nadu, India – 600053
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Itrope Technologies Private Limited, buy the company report.

Comprehensive company report
Itrope Technologies Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Itrope Technologies operates one associated brand: Itrope. Each brand links to its own profile.

BrandDescriptionWebsite
Provides diversified services in application development, SEO, and finance solutions.itropetechnologies.com

Business activity

The main business activities of Itrope Technologies are information and communication and trade. In detail, this covers data processing, hosting and related activities; web portal and retail trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal
GTradeG2Retail Trading

To see the full business activity and turnover split of Itrope Technologies Private Limited, buy the company report.

Financials of Itrope Technologies Private Limited

FY 2021 filings available

Itrope Technologies Private Limited reported revenue of ₹1.78 Cr (down 21% YoY) for FY 2021.

Revenue · FY 2021
₹1.78 Cr ▼ 21%
Net loss · FY 2021
₹28.52 Lakh margin -16%
EBITDA · FY 2021
-₹20.43 Lakh margin -11.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 2%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 385%
3 years · compounded
▼ 66%
5 years · compounded
▼ 28%

Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 385% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹20.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹28.52 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-11.5%
Net Profit Margin-16%
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 Itrope Technologies Private Limited, buy the company report.

Board of directors of Itrope Technologies Private Limited

Itrope Technologies has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohamed Umar Shafi MohamedDirector01 Apr 201313 Years 6 MonthsCurrent
VivekDirector01 Apr 201313 Years 6 MonthsCurrent
Lasser Rajesh PhilomonDirector28 Sep 201313 Years 0 MonthsCurrent

Peer comparison

Itrope Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Zyga Solutions Private Limited₹1.79 Cr (FY 2024)57.0%Thiruvananthapuram, Kerala, India
H S B Management Consultants Private Limited₹1.79 Cr (FY 2023)23.0%Ludhiana, Punjab, India
Blue Matrix Connect Private Limited₹1.79 Cr (FY 2024)18.0%Hubli, Karnataka, India
Itrope Technologies Private Limitedthis company₹1.78 Cr (FY 2021)-₹28.52 Lakh-16%-21.0%16Chennai, Tamil Nadu, India
Nettyfish Solutions Private Limited₹1.78 Cr (FY 2024)27848.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Itrope Technologies Private Limited, buy the company report.

Auditor

Itrope Technologies Private Limited is audited by K K G S AND CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
K K G S AND COFY 2020012508S

Shareholding

The shareholding of Itrope Technologies Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Itrope Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹69.65 Lakh
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹0.45 Cr
Yes Bank Limited₹0.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Nov 2019100308279Axis Bank Limited₹44.65 LakhOpen
20 Dec 2017100177099Yes Bank Limited₹25 LakhOpen

To see the full charge records of Itrope Technologies Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Itrope Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Itrope Technologies Private Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
16
Active EPFO establishments
1
Employee growth
-15.79%

GST

Itrope Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCI2072G1ZYTamil NaduActive06 Dec 2017

To see the full GST registrations and return filing status of Itrope Technologies Private Limited, buy the company report.

Recent activity

Itrope Technologies Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Lasser Rajesh Philomon was appointed as Director on 28 Sep 2013.

AGM
Itrope Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.
Filing
Itrope Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Charges
A charge with Axis Bank Limited of Rs. 44.65 Lakh registered on 21 Nov 2019 with Charge ID 100308279 was modified on 17 Jul 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 44.65 Lakh with Charge ID 100308279 was registered on 21 Nov 2019.
Charges
A charge with Yes Bank Limited of Rs. 25.00 Lakh registered on 20 Dec 2017 with Charge ID 100177099 was modified on 05 Dec 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100177099 was registered on 20 Dec 2017.
Appointed
Lasser Rajesh Philomon was appointed as Director.
Appointed
Mohamed Umar Shafi Mohamed was appointed as Director.
Appointed
Vivek was appointed as Director.
Incorporation
01 Apr 2013
Itrope Technologies Private Limited was registered on 01 Apr 2013 with Roc Chennai & aged 13 years 6 months as per MCA records.

Frequently asked questions

Itrope Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 April 2013 (13+ years old) and is registered under CIN U74999TN2013PTC090358.

Itrope Technologies has 3 current directors:

The latest financial statements of Itrope Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Itrope Technologies is 33AADCI2072G1ZY, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Itrope Technologies is U74999TN2013PTC090358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Itrope Technologies was incorporated on 01 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Itrope Technologies by revenue are Zyga Solutions Private Limited, H S B Management Consultants Private Limited, Blue Matrix Connect Private Limited, Nettyfish Solutions Private Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (data processing, hosting and related activities; web portal).

Lasser Rajesh Philomon was appointed as Director on 28 Sep 2013. Mohamed Umar Shafi Mohamed was appointed as Director on 01 Apr 2013. Vivek was appointed as Director on 01 Apr 2013.

Yes, Itrope Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-24-0007350).

Itrope Technologies can be reached through the website itropetechnologies.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Itrope Technologies is at No.372 1st Floor Dr. Venkatesh Arcade Tic RoadMth Road Ambattur, Chennai, Tamil Nadu, India – 600053.