About Kusalava Technologies Private Limited
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Kusalava Technologies Private Limited was a private limited company based in Andhra Pradesh, 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 consulting and support services segment of the technology and IT services sector. It was incorporated on 14 November 2005.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2005PTC048048. Its GSTIN is 37AACCK8190L1ZZ (Andhra Pradesh).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.78 Lakh. It was formerly known as Kusalava Informatics Private Limited. It was led by directors including Chukkapalli Chakravarthi and Chetana Chukkapalli.
Its last annual general meeting (AGM) was held on 19 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 40/1/10 M.G Roadlabbipet Vijaywada – 10 Ap, Andhra Pradesh, India.
As per the financials filed for FY 2020, the company reported a revenue of ₹14,881, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹16,062 (net margin -107.9%) and EBITDA of -₹10,061 (EBITDA margin -67.6%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 64% over five years.
The last known website on record is kusalava.com.
Company details
Contact details
Kusalava Technologies Private Limited's registered office is in Andhra Pradesh. Its website is kusalava.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address40/1/10 M.G Roadlabbipet Vijaywada – 10 Ap, Andhra Pradesh, India
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Kusalava Technologies 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
Financials of Kusalava Technologies Private Limited
FY 2020 filings availableKusalava Technologies Private Limited reported revenue of ₹14,881 (down 99% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 99% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹14,881 | ||||
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| EBITDA | -₹10,061 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹16,062 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -67.6% | ||||
| Net Profit Margin | -107.9% | ||||
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To see the full financial statements and ratios of Kusalava Technologies Private Limited, buy the company report.
Board of directors of Kusalava Technologies Private Limited
Kusalava Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chukkapalli Chakravarthi Also directs: Ameya Batteries Private Limited, Kusalava International Limited, Kusalava Motors Private Limited and 5 more | Director | 14 Nov 2005 | 20 Years 11 Months | As last reported |
| Chetana Chukkapalli Also directs: Quantum Energy Limited | Director | 27 Jan 2011 | 15 Years 9 Months | As last reported |
| Ramakrishna Prasad Chukkapalli Also directs: Kusalava Theertha Bio Pharma Private Limited, Ameya Batteries Private Limited, Kusalava International Limited and 3 more | Director | 14 Nov 2005 | 20 Years 11 Months | As last reported |
Auditor
Kusalava Technologies Private Limited is audited by A S K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S K & CO | FY 2019 | 013735S |
Shareholding
The shareholding of Kusalava Technologies Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kusalava Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kusalava Technologies 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 Kusalava Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kusalava Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCK8190L1ZZ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kusalava Technologies Private Limited, buy the company report.
Recent activity
Kusalava Technologies Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Chetana Chukkapalli ceased to be Additional Director on 12 Sep 2011.
News
Frequently asked questions
Kusalava Technologies 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.
Kusalava Technologies was a private limited company based in Andhra Pradesh, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 14 November 2005 and is registered under CIN U72200AP2005PTC048048. The company has been struck off by the Registrar of Companies and is no longer operational.
Kusalava Technologies had 3 directors:
- Chukkapalli Chakravarthi - Director
- Chetana Chukkapalli - Director
- Ramakrishna Prasad Chukkapalli - Director
The CIN (Corporate Identification Number) of Kusalava Technologies is U72200AP2005PTC048048. 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 Kusalava Technologies is at 40110 M.G Roadlabbipet Vijaywada – 10 Ap, Andhra Pradesh, India.
Kusalava Technologies was incorporated on 14 November 2005. It is registered with the Registrar of Companies, Vijayawada.
Kusalava Technologies can be reached through the website kusalava.com. Its registered office is in Andhra Pradesh, India.
The latest financial statements of Kusalava Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 19 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Kusalava Technologies is 37AACCK8190L1ZZ, registered in Andhra Pradesh.
Kusalava Technologies operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.