About Bartronics Global Solutions Limited
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Bartronics Global Solutions Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Bartronics India Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 May 2011.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PLC074715. Its GSTIN is 36AAECB6125E1Z0 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹17.6 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Bartronics Global Solutions Private Limited. It is led by directors including Bhargav Kumar Reddy and Shareq Jamil Ayaaz Mowla.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H No 2 – 1813/3/5/A 1st Floor Street No2 Czech Colony Opp: Sbi Bank, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.43 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹2.4 Lakh (net margin -0.7%) and EBITDA of -₹1.84 Lakh (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bartronics Global Solutions and Bartronics. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 3 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹3.45 Cr; the latest was in March 2020.
The last known website on record is bartronics.com.
Company details
CIN history
Bartronics Global Solutions has one previous CIN (Corporate Identification Number): U72200AP2011PLC074715. The current CIN is U72200TG2011PLC074715, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2011PLC074715 | Current |
| U72200AP2011PLC074715 | Previous |
Contact details
Bartronics Global Solutions Limited's registered office is in Hyderabad, Telangana. Its website is bartronics.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressH No 2 – 1813/3/5/A 1st Floor Street No2 Czech Colony Opp: Sbi Bank, Hyderabad, Telangana, India – 500018
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Bartronics Global Solutions 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
Bartronics Global Solutions operates two associated brands: BARTRONICS GLOBAL SOLUTIONS and Bartronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software solutions tailored for IT, finance, and healthcare industries. | bartronicsglobalsolutions.com | |
| Manufacturer of smart cards & RFID | bartronics.com |
Business activity
The main business activity of Bartronics Global Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bartronics Global Solutions Limited, buy the company report.
Financials of Bartronics Global Solutions Limited
FY 2022 filings availableBartronics Global Solutions Limited reported revenue of ₹3.43 Cr (up 67% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 67% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 96% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.84 Lakh | ||||
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| Net Profit (PAT) | -₹2.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -0.7% | ||||
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To see the full financial statements and ratios of Bartronics Global Solutions Limited, buy the company report.
Board of directors of Bartronics Global Solutions Limited
Bartronics Global Solutions has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargav Kumar Reddy Also directs: Brand Reach Private Limited, Fernmount India Private Limited, Pointsoft Private Limited and 1 more | Director | 20 Nov 2018 | 7 Years 11 Months | As last reported |
| Srinivasa Vipanch Varma Tirumalaraju | Additional Director | 01 Nov 2019 | 6 Years 11 Months | As last reported |
| Shareq Jamil Ayaaz Mowla Also directs: Training Tree Academy LLP | Director | 02 Jan 2018 | 8 Years 9 Months | As last reported |
Auditor
Bartronics Global Solutions Limited is audited by T RAGHAVENDRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T RAGHAVENDRA & ASSOCIATES | FY 2019 | 003329S |
Shareholding
The shareholding of Bartronics Global Solutions Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bartronics Global Solutions Limited, buy the company report.
Deals & funding
Bartronics Global Solutions Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹3.45 Cr; the latest was in March 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Swift Vitthiya Samavesh Private Limited Seller: Bartronics India Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bartronics Asia Pte Ltd, Bartronics Asia Pte Ltd & S T Prasad, Satya Straps Packing & Packing Technologies Limited |
| Jun 2018 | Funding round | ₹3.45 Cr | Investors: Bartronics India Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Bartronics Asia Pte Ltd & A V Satyanarayana, Bartronics Asia Pte Ltd & S T Prasad, Bartronics Asia Pte Ltd Seller: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Bartronics India Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bartronics Global Solutions Limited has 4 court cases on record: 1 filed by Bartronics Global Solutions, 3 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by M/S. Infokall Enterprise Solutions Limited Represented by Its Authorised Representative Mr Ramnath Reddy Kristipati | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by M/S. Infokall Enterprise Solutions Limited | Pending |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against individuals | Disposed |
To see the full case history of Bartronics Global Solutions 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 Bartronics Global Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bartronics Global Solutions Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Bartronics Global Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECB6125E1Z0 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bartronics Global Solutions Limited, buy the company report.
Recent activity
Bartronics Global Solutions Limited has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Srinivasa Vipanch Varma Tirumalaraju was appointed as Additional Director on 01 Nov 2019.
6 earlier events are in the company report.
News
Frequently asked questions
Bartronics Global Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Bartronics Global Solutions is a company under liquidation, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 May 2011 and is registered under CIN U72200TG2011PLC074715. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bartronics Global Solutions has 3 current directors:
- Bhargav Kumar Reddy - Director
- Srinivasa Vipanch Varma Tirumalaraju - Additional Director
- Shareq Jamil Ayaaz Mowla - Director
The latest financial statements of Bartronics Global Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bartronics Global Solutions is U72200TG2011PLC074715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bartronics Global Solutions has 4 court cases on record: 1 filed by the company and 3 filed against it. 3 are pending. Most are in the nclat.
Bartronics Global Solutions was incorporated on 27 May 2011. It is registered with the Registrar of Companies, Hyderabad.
Bartronics Global Solutions has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹3.45 Cr; the latest was in March 2020.
Srinivasa Vipanch Varma Tirumalaraju was appointed as Additional Director on 01 Nov 2019. Varshitha Gaddam ceased to be Additional Director on 01 Nov 2019. Bhargav Kumar Reddy ceased to be Additional Director on 30 Sep 2019. Bartronics Global Solutions has 15 board changes on record in total.
Bartronics Global Solutions can be reached through the website bartronics.com. Its registered office is in Hyderabad, Telangana, India.