Alter Mote Private Limited

Alter Mote Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74140KA2004PTC033811 Incorporated 22 April 2004 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹6.56 Lakh
▼ 47% YoY
Net loss · FY 2024
₹19.06 Lakh
Net margin -290.7%
EBITDA · FY 2024
-₹19.05 Lakh
EBITDA margin -290.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.8 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
4
Provident fund records

About Alter Mote Private Limited

Data last updated:

Alter Mote Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mahiti Infotech Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 April 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2004PTC033811.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shreeya Antoo (Managing Director) and Shiva Prasad Thangalla (Managing Director).

Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.19/2A Thimmegowda Layout. Kothanur Dr. Shivaramakaranth Nagar Bangalore Ea, St, Karnataka, India – 560077.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.56 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹19.06 Lakh (net margin -290.7%) and EBITDA of -₹19.05 Lakh (EBITDA margin -290.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 25% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹1.8 Cr on record.

Alter Mote Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0161965). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140KA2004PTC033811
Registration Number 033811
Incorporation Date 22 April 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Parent Company Mahiti Infotech Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0161965
Key People
Shreeya Antoo Managing Director Shiva Prasad Thangalla Managing Director

Recognitions & Rankings of Alter Mote

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0161965

Contact details

Alter Mote Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.19/2A Thimmegowda Layout. Kothanur Dr. Shivaramakaranth Nagar Bangalore Ea, St, Karnataka, India – 560077
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Alter Mote Private Limited, buy the company report.

Comprehensive company report
Alter Mote 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 Alter Mote is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

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

Financials of Alter Mote Private Limited

FY 2024 filings available

Alter Mote Private Limited reported revenue of ₹6.56 Lakh (down 47% YoY) for FY 2024.

Revenue · FY 2024
₹6.56 Lakh ▼ 47%
Net loss · FY 2024
₹19.06 Lakh margin -290.7%
EBITDA · FY 2024
-₹19.05 Lakh margin -290.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 61%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 30%
5 years · compounded
▼ 23%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 47% fall in the latest year. EBITDA fell 27% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹19.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19.06 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-290.6%
Net Profit Margin-290.7%
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 Alter Mote Private Limited, buy the company report.

Board of directors of Alter Mote Private Limited

Alter Mote has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shreeya Antoo
Also directs: Alter Matex Reality LLP, White Loop Private Limited, Alter Media Entertainment Private Limited
Managing Director01 Sep 20242 Years 1 MonthsCurrent
Shiva Prasad Thangalla
Also directs: Alter Matex Reality LLP, White Loop Private Limited, Alter Media Entertainment Private Limited
Managing Director01 Sep 20242 Years 1 MonthsCurrent
View all directors

Auditor

Alter Mote Private Limited is audited by MANJUNATH BARGESHAPPA & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
MANJUNATH BARGESHAPPA & ASSOCIATESFY 2019011215S

Shareholding

The shareholding of Alter Mote 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 categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Alter Mote Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.8 Cr
Breakdown by lending institutions
Deutsche Postbank Home Finance Limited₹1.00 Cr
State Bank of India₹0.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jul 201010271928Deutsche Postbank Home Finance Limited₹1 CrSatisfied
28 Oct 200580060434State Bank of India₹80 LakhSatisfied

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

Employees & EPFO

Alter Mote Private Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-20%

GST

No GST registration is on our record for Alter Mote Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Alter Mote Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Chethan Elvis Das ceased to be Director on 01 Sep 2024.

AGM
Alter Mote Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Ceased
Chethan Elvis Das ceased to be Director.
Appointed
Shiva Prasad Thangalla was appointed as Managing Director.
Appointed
Shreeya Antoo was appointed as Managing Director.
Filing
Alter Mote Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sreekanth Shamaiah Rameshaiah ceased to be Additional Director.
Ceased
Vijay Rasquinha ceased to be Director.
Charges
A charge registered on 20 Jul 2010 via Charge ID 10271928 with Deutsche Postbank Home Finance Limited was fully satisfied on 17 Nov 2014.
Ceased
Indira Culshaw ceased to be Director.
Ceased
Murray Joseph Culshaw ceased to be Director.
Charges
A charge registered on 28 Oct 2005 via Charge ID 80060434 with State Bank Of India was fully satisfied on 26 Jul 2010.
Charges
A charge with Deutsche Postbank Home Finance Limited amounted to Rs. 100.00 Lakh with Charge ID 10271928 was registered on 20 Jul 2010.

5 earlier events are in the company report.

Frequently asked questions

Alter Mote is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 April 2004 (22+ years old) and is registered under CIN U74140KA2004PTC033811.

Alter Mote has 2 current directors:

The latest financial statements of Alter Mote on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Alter Mote is U74140KA2004PTC033811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Alter Mote was incorporated on 22 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.

Chethan Elvis Das ceased to be Director on 01 Sep 2024. Shiva Prasad Thangalla was appointed as Managing Director on 01 Sep 2024. Shreeya Antoo was appointed as Managing Director on 01 Sep 2024. Alter Mote has 10 board changes on record in total.

Yes, Alter Mote is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0161965).

The registered office of Alter Mote is at No.192A Thimmegowda Layout. Kothanur Dr. Shivaramakaranth Nagar Bangalore Ea, St, Karnataka, India – 560077.

Alter Mote operates in the business outsourcing industry, in the business and IT consulting segment.

Alter Mote has no open charges and satisfied charges of ₹1.8 Cr as per latest MCA filings.