Kbace Technologies Private Limited

Kbace Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72200TN2004PTC114344 Incorporated 28 April 2004 ROC Chennai HQ Chennai, Tamil Nadu, India
Merged Private Limited Company information technology
Revenue · FY 2018
₹28 Cr
▼ 22% YoY
Net profit · FY 2018
₹2.67 Cr
Net margin 9.5%
EBITDA · FY 2018
₹4.43 Cr
EBITDA margin 15.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹51.3 Lakh
Issued & subscribed
Satisfied charges
₹52.39 Lakh
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
102
Provident fund records

About Kbace Technologies Private Limited

Data last updated:

Kbace Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Cognizant Technology Solutions India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 April 2004.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2004PTC114344. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹51.3 Lakh. It was led by directors Thirumalai Narayanan and Ramaseshan Kothandaraman.

Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 6th Floor New No. 165 Menon Eternity Building St. Mary'S Road Alwarpet, Chennai, Tamil Nadu, India – 600018.

As per the financials filed for FY 2018, the company reported a revenue of ₹28 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.67 Cr (net margin 9.5%) and EBITDA of ₹4.43 Cr (EBITDA margin 15.8%).

The company had about 102 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹52.39 Lakh on record.

The last known website on record is cognizant.com.

Company details

CIN U72200TN2004PTC114344
Registration Number 114344
Incorporation Date 28 April 2004
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Parent Company Cognizant Technology Solutions India Private Limited
Compliance Status Active Compliant

CIN history

Kbace Technologies has one previous CIN (Corporate Identification Number): U72200KA2004PTC033843. The current CIN is U72200TN2004PTC114344, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TN2004PTC114344Current
U72200KA2004PTC033843Previous

Contact details

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

  • Email
  • Social Media
  • Apps
  • Registered Address
    6th Floor New No. 165 Menon Eternity Building St. Mary'S Road Alwarpet, Chennai, Tamil Nadu, India – 600018
  • Industry
    Information Technology, IT Consulting & Support Services

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

Comprehensive company report
Kbace 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
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Business activity

The main business activity of Kbace Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

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

Financials of Kbace Technologies Private Limited

FY 2018 filings available

Kbace Technologies Private Limited reported revenue of ₹28 Cr (down 22% YoY) for FY 2018.

Revenue · FY 2018
₹28 Cr ▼ 22%
Net profit · FY 2018
₹2.67 Cr margin 9.5%
EBITDA · FY 2018
₹4.43 Cr margin 15.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
EBITDA CAGR growth
1 year
▼ 8%

Revenue fell 22% in the latest year. EBITDA fell 8% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹28 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.43 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.67 Cr
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 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin15.8%
Net Profit Margin9.5%
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 Kbace Technologies Private Limited, buy the company report.

Board of directors of Kbace Technologies Private Limited

Kbace Technologies has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Thirumalai NarayananDirector09 Jul 20188 Years 4 MonthsAs last reported
Ramaseshan KothandaramanAdditional Director05 Dec 20187 Years 11 MonthsAs last reported

Peer comparison

Kbace Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Abi-Health Technologies Private Limited₹28.07 Cr (FY 2025)22.0%Chennai, Tamil Nadu, India
Kbace Technologies Private Limitedthis company₹28 Cr (FY 2018)₹2.67 Cr9.5%-22.0%102Chennai, Tamil Nadu, India
Apps Business IT Solutions Private Limited₹27.91 Cr (FY 2025)55.0%Chennai, Tamil Nadu, India
Sita Ram Computech Private Limited₹27.85 Cr (FY 2025)4.0%Lucknow, Uttar Pradesh, India

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

Auditor

Kbace Technologies Private Limited is audited by S B S S & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
S B S S & ASSOCIATESFY 2018013501S

Shareholding

The shareholding of Kbace Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
None
Satisfied charges
₹52.39 Lakh
Breakdown by lending institutions
Kotak Mahindra Prime Limited₹0.52 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jun 201410518008Kotak Mahindra Prime Limited₹14 LakhSatisfied
25 Mar 201110286032Kotak Mahindra Prime Limited₹38.39 LakhSatisfied

To see the full charge records of Kbace 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 Kbace Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Kbace Technologies Private Limited has a workforce of 102 employees on its EPFO records as of Sep 2019, across 1 active EPFO establishment.

Employee count
102
Active EPFO establishments
1
Employee growth
7.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2019-20102
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Kbace Technologies Private Limited, buy the company report.

GST

Kbace Technologies 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.

Total GSTINs
2
Cancelled / inactive
2

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

Recent activity

Kbace Technologies Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Karen Anne Mcloughlin ceased to be Director on 01 Jul 2019.

Ceased
Karen Anne Mcloughlin ceased to be Director.
Ceased
Sumithra Gomatam ceased to be Director.
Ceased
Debashis Chatterjee ceased to be Director.
Appointed
Ramaseshan Kothandaraman was appointed as Additional Director.
AGM
Kbace Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Ceased
Thirumalai Narayanan ceased to be Additional Director.
Appointed
Thirumalai Narayanan was appointed as Director.
Filing
Kbace Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Ceased
Deepa Baburaaj ceased to be Director.
Ceased
Chandrasekaran Ramakrishnan ceased to be Additional Director.
Ceased
Steven Erik Schwartz ceased to be Additional Director.
Ceased
Anand Bhushan Gadadoss Venkatrajaram ceased to be Additional Director.

8 earlier events are in the company report.

Frequently asked questions

Kbace Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Kbace Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 28 April 2004 and is registered under CIN U72200TN2004PTC114344. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Kbace Technologies was incorporated on 28 April 2004. It is registered with the Registrar of Companies, Chennai.

Kbace Technologies had 2 directors:

The CIN (Corporate Identification Number) of Kbace Technologies is U72200TN2004PTC114344. 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 Kbace Technologies is at 6th Floor New No. 165 Menon Eternity Building St. MaryS Road Alwarpet, Chennai, Tamil Nadu, India – 600018.

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

The latest financial statements of Kbace Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.

No. Kbace Technologies has 2 GST registrations on record and all of them are cancelled or inactive.

Kbace Technologies operated in the information technology industry, in the IT consulting and support services segment.

The peers of Kbace Technologies by revenue are Abi-Health Technologies Private Limited, Apps Business IT Solutions Private Limited, Sita Ram Computech Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).