About Norte Technologies India Private Limited
Data last updated:
Norte Technologies India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the moving and relocation services segment of the transport and logistics sector. It was incorporated on 25 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC079007. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sree Kumar Sundaramoorthy and Praveen Surendiran.
Its last annual general meeting (AGM) was held on 23 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 114 219 Brigade Arcade Whitefield Road G.C.Palya, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.35 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Cr (net margin -43.1%) and EBITDA of -₹1.12 Cr (EBITDA margin -33.5%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
The company has about 46 employees on its provident fund (EPFO) records.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website 21north.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address114 219 Brigade Arcade Whitefield Road G.C.Palya, Bangalore, Karnataka, India – 560048
- IndustryTransport and Logistics, Moving & Relocation 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
- One PDF report, delivered after checkout
Business Activity of Norte Technologies India Private Limited
The main business activity of Norte Technologies India is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Norte Technologies India Private Limited
Norte Technologies India Private Limited is audited by RAHUL D AGARWAL & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAHUL D AGARWAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Norte Technologies India Private Limited
Norte Technologies India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sree Kumar Sundaramoorthy Also directs: Functionalmed Innovations Tech Private Limited | Director | 25 Feb 2015 | 11 Years 7 Months | Current |
| Praveen Surendiran | Director | 29 Jan 2016 | 10 Years 8 Months | Current |
Financials of Norte Technologies India Private Limited FY 2019 filings available
Norte Technologies India Private Limited reported revenue of ₹3.35 Cr (down 48% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Norte Technologies India Private Limited
Revenue fell 48% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 93%. EBITDA rose 72% 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 of Norte Technologies India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.35 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.44 Cr | •••• | •••• | •••• | •••• |
| 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 of Norte Technologies India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -43.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Norte Technologies India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Norte Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Norte Technologies India Private Limited
Norte Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Norte Technologies India Private Limited
Norte Technologies India Private Limited has a workforce of 46 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Norte Technologies India Private Limited
Norte Technologies India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Norte Technologies India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Norte Technologies India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Norte Technologies India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Norte Technologies India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Norte Technologies India Private Limited
Frequently Asked Questions about Norte Technologies India Private Limited
Norte Technologies India is an active private limited company based in Bangalore, Karnataka, India. The company works in moving and relocation services, within the transport and logistics industry. It was incorporated on 25 February 2015 (11+ years old) and is registered under CIN U74900KA2015PTC079007.
Norte Technologies India reported revenue of ₹3.35 Cr for FY 2019 (down 48% YoY).
Norte Technologies India has 2 current directors:
- Sree Kumar Sundaramoorthy - Director
- Praveen Surendiran - Director
Norte Technologies India reported a net loss of ₹1.44 Cr (net margin -43.1%) and EBITDA of -₹1.12 Cr (EBITDA margin -33.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Norte Technologies India is 93% over three years. In the latest year (FY 2019) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
No. Norte Technologies India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Norte Technologies India is U74900KA2015PTC079007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norte Technologies India was incorporated on 25 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Norte Technologies India can be reached through the website 21north.in. Its registered office is in Bangalore, Karnataka, India.