
King IT Solutions Private Limited
About King IT Solutions Private Limited
Data last updated:
King IT Solutions Private Limited was a private limited company based in New Delhi, Delhi, 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 IT services segment of the services sector. It was incorporated on 11 January 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2012PTC229840. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Tanu Gupta and Shalabh Gupta.
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 201 Second Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2015, the company reported a revenue of ₹80,000, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹16,425 (net margin 20.5%) and EBITDA of ₹23,269 (EBITDA margin 29.1%).
Company details
Contact details
King IT Solutions Private Limited's registered office is in New Delhi, Delhi.
- Registered Address201 Second Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryService, Information Technology Services
- 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 King IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of King IT Solutions Private Limited, buy the company report.
Financials of King IT Solutions Private Limited
FY 2015 filings availableKing IT Solutions Private Limited reported revenue of ₹80,000 (up 100% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 100% in the latest year. EBITDA rose 528% 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 | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹23,269 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹16,425 |
| 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 | 29.1% |
| Net Profit Margin | 20.5% |
| 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 King IT Solutions Private Limited, buy the company report.
Board of directors of King IT Solutions Private Limited
King IT Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanu Gupta Also directs: Meal Harbour LLP, Quark Infocom Private Limited, Robust Infocom Private Limited and 5 more | Director | 22 Feb 2012 | 14 Years 8 Months | As last reported |
| Shalabh Gupta Also directs: Zarivault (OPC) Private Limited | Director | 22 Feb 2012 | 14 Years 8 Months | As last reported |
Peer comparison
King IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vtoba Software Private Limited | ₹80,213 (FY 2019) | Beeramguda, Telangana, India | ||||
| Gyanodaya Advisory Services Private Limited | ₹80,186 (FY 2016) | 1.0% | Mumbai, Maharashtra, India | |||
| Xacteq Innovation Labs Private Limited | ₹80,050 (FY 2024) | 1.0% | Thodupuzha, Kerala, India | |||
| Fitrition Wellness Private Limited | ₹80,045 (FY 2019) | Thane West, Maharashtra, India | ||||
| King IT Solutions Private Limitedthis company | ₹80,000 (FY 2015) | ₹16,425 | 20.5% | 100.0% | New Delhi, Delhi, India | |
| Aindra Labs Private Limited | ₹80,000 (FY 2025) | Bangalore, Karnataka, India | ||||
| Marc2web Erp Solution Private Limited | ₹80,000 (FY 2022) | -77.0% | New Delhi, Delhi, India | |||
| Wizard Infocom Private Limited | ₹80,000 (FY 2015) | New Delhi, Delhi, India | ||||
| Avenxo Labs Private Limited | ₹80,000 (FY 2017) | Bangalore, Karnataka, India | ||||
| Digitannia Private Limited | ₹80,000 (FY 2023) | -77.0% | Kolkata, West Bengal, India | |||
| Boomtech Software Technology and Services (OPC) Private Limited | ₹80,000 (FY 2025) | 271.0% | Chikmagalur, Karnataka, India |
To see the full peer comparison of King IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving King IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for King IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
King IT 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 King IT Solutions Private Limited, buy the company report.
Recent activity
King IT Solutions Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Shalabh Gupta ceased to be Additional Director on 10 Jul 2013.
Frequently asked questions
King IT 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.
King IT Solutions was a private limited company based in New Delhi, Delhi, India. The company worked in information technology services, within the service industry. It was incorporated on 11 January 2012 and is registered under CIN U72200DL2012PTC229840. The company has been struck off by the Registrar of Companies and is no longer operational.
King IT Solutions had 2 directors:
- Tanu Gupta - Director
- Shalabh Gupta - Director
The CIN (Corporate Identification Number) of King IT Solutions is U72200DL2012PTC229840. 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 King IT Solutions is at 201 Second Floor Devika Tower 6 Nehru Place, New Delhi, Delhi, India – 110019.
King IT Solutions was incorporated on 11 January 2012. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of King IT Solutions 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. King IT Solutions has 1 GST registration on record and it is cancelled or inactive.
King IT Solutions operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of King IT Solutions by revenue are Vtoba Software Private Limited, Gyanodaya Advisory Services Private Limited, Xacteq Innovation Labs Private Limited, Fitrition Wellness Private Limited, Aindra Labs Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Shalabh Gupta ceased to be Additional Director on 10 Jul 2013. Tanu Gupta ceased to be Additional Director on 10 Jul 2013. Ramneet Kaur ceased to be Additional Director on 19 Nov 2012. King IT Solutions has 9 board changes on record in total.