About Justbooks Solutions Private Limited
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Justbooks Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Strata Retail And Technology Services Private Limited. It operates in the information services and consultants segment of the travel and hospitality sector. It was incorporated on 27 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC096776. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Prashanth Ranganathaachar and Suresh Narasimha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Skandas No.972/1 13th Cross Bsk 2nd Stage 16th Main, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.11 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.12 Lakh (net margin -4.4%) and EBITDA of ₹1.04 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 47% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Just Books. Court records list 2 cases involving the company, including 2 filed by the company. The company has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in February 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website justbooks.in.
Company details
Contact details
Justbooks Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is justbooks.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSkandas No.972/1 13th Cross Bsk 2nd Stage 16th Main, Bangalore, Karnataka, India – 560070
- IndustryTravel and Hospitality, Information Services & Consultants
To see the full contact details of Justbooks 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
Brands
Justbooks Solutions operates one associated brand: Just Books. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Books are rented online across 38 categories with doorstep delivery. | justbooks.in |
Business activity
The main business activity of Justbooks Solutions is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Justbooks Solutions Private Limited, buy the company report.
Financials of Justbooks Solutions Private Limited
FY 2024 filings availableJustbooks Solutions Private Limited reported revenue of ₹25.11 Lakh (down 79% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 79% fall in the latest year. EBITDA fell 91% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.04 Lakh | ||||
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| Net Profit (PAT) | -₹1.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | -4.4% | ||||
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To see the full financial statements and ratios of Justbooks Solutions Private Limited, buy the company report.
Board of directors of Justbooks Solutions Private Limited
Justbooks Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Narasimha Also directs: Cocreate Venture Technology LLP, Campuscocreate Ventures LLP, Campuscocreate Fund Management LLP and 4 more | Nominee Director | 13 Dec 2016 | 9 Years 11 Months | Current |
| Prashanth Ranganathaachar Also directs: Indulge Beverages Private Limited | Director | 12 Mar 2019 | 7 Years 8 Months | Current |
Auditor
Justbooks Solutions Private Limited is audited by RATNA KUMARI S for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATNA KUMARI S | FY 2023 | 260827 |
Shareholding
The shareholding of Justbooks Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Justbooks Solutions Private Limited, buy the company report.
Deals & funding
Justbooks Solutions Private Limited has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in February 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Strata Retail and Technology Services Limited & Suresh Narasimha Seller: Strata Retail and Technology Services Private Limited , an individual |
| May 2017 | Rights issue | ₹40 Lakh | Investors: Cocreate Ventures |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Strata Retail and Technology Services Limited & Hemanth Chakravarthy Govindarajan |
| Dec 2016 | Rights issue | ₹35 Lakh | Investors: Cocreate Ventures |
| Oct 2016 | Acquisition | ₹1.12 Cr | Buyer: Strata Retail and Technology Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Justbooks Solutions Private Limited has 2 court cases on record: 2 filed by Justbooks Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Jupiter Enterprises | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Ragariha Ventures | Disposed |
To see the full case history of Justbooks 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 Justbooks Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Justbooks Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Jun 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 7 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Justbooks Solutions Private Limited, buy the company report.
GST
Justbooks Solutions 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 Justbooks Solutions Private Limited, buy the company report.
Recent activity
Justbooks Solutions Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Sridhar Rajaram ceased to be Additional Director on 25 Jul 2023.
Frequently asked questions
Justbooks Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in information services and consultants, within the travel and hospitality industry. It was incorporated on 27 September 2016 (10+ years old) and is registered under CIN U74999KA2016PTC096776.
Justbooks Solutions has 2 current directors:
- Suresh Narasimha - Nominee Director
- Prashanth Ranganathaachar - Director
The latest financial statements of Justbooks Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
No. Justbooks Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Justbooks Solutions is U74999KA2016PTC096776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Justbooks Solutions has 2 court cases on record: 2 filed by the company.
Justbooks Solutions was incorporated on 27 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Justbooks Solutions has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in February 2018.
Sridhar Rajaram ceased to be Additional Director on 25 Jul 2023. Prashanth Ranganathaachar was appointed as Director on 12 Mar 2019. Sundarrajan Ramachandran ceased to be Director on 13 Jul 2017. Justbooks Solutions has 5 board changes on record in total.
Justbooks Solutions can be reached through the website justbooks.in. Its registered office is in Bangalore, Karnataka, India.
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