Niyatam Solutions Private Limited
About Niyatam Solutions Private Limited
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Niyatam Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 May 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2013PTC091285. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹37.44 Lakh. It was led by directors Radhakrishnan Krishnamurthy (Managing Director) and Lakshmi Priya Radhakrishnan.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at F – 4 First Floor Murthy'S Manor 44/46 Giri Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.52 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net loss of ₹12.92 Lakh (net margin -8.5%) and EBITDA of -₹1.87 Lakh (EBITDA margin -1.2%).
Company details
Contact details
Niyatam Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 4 First Floor Murthy'S Manor 44/46 Giri Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Niyatam Solutions 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 Niyatam Solutions Private Limited
FY 2017 filings availableNiyatam Solutions Private Limited reported revenue of ₹1.52 Cr (up 105% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 105% 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 | ₹1.52 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.87 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹12.92 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -1.2% |
| Net Profit Margin | -8.5% |
| 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 Niyatam Solutions Private Limited, buy the company report.
Board of directors of Niyatam Solutions Private Limited
Niyatam Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Priya Radhakrishnan | Director | 23 May 2013 | 13 Years 5 Months | As last reported |
| Radhakrishnan Krishnamurthy | Managing Director | 23 May 2013 | 13 Years 5 Months | As last reported |
Auditor
Niyatam Solutions Private Limited is audited by SHANKERAN & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKERAN & ASSOCIATES | FY 2015 | 013673S |
Shareholding
The shareholding of Niyatam Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Niyatam Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Niyatam 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 Niyatam Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Niyatam Solutions Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Niyatam 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 Niyatam Solutions Private Limited, buy the company report.
Recent activity
Niyatam Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Shashikant Vinayak Rivankar ceased to be Director on 29 Jul 2016.
Frequently asked questions
Niyatam 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.
Niyatam Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 23 May 2013 and is registered under CIN U72300TN2013PTC091285. The company has been struck off by the Registrar of Companies and is no longer operational.
Niyatam Solutions had 2 directors:
- Radhakrishnan Krishnamurthy - Managing Director
- Lakshmi Priya Radhakrishnan - Director
The CIN (Corporate Identification Number) of Niyatam Solutions is U72300TN2013PTC091285. 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 Niyatam Solutions is at F – 4 First Floor MurthyS Manor 4446 Giri Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
Niyatam Solutions was incorporated on 23 May 2013. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Niyatam Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
No. Niyatam Solutions has 1 GST registration on record and it is cancelled or inactive.
Niyatam Solutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Shashikant Vinayak Rivankar ceased to be Director on 29 Jul 2016. Lakshmi Priya Radhakrishnan was appointed as Director on 23 May 2013. Radhakrishnan Krishnamurthy was appointed as Managing Director on 23 May 2013.