About Reach Automation Private Limited
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Reach Automation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 24 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA2010PTC055303. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kiran Seshagiri and Lakkundi Gururajarao Jayathirtha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 32/3 Nirupam Arcade 3rd Floor 1st Main Road Domlur, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.27 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹24,933 (net margin -0.2%) and EBITDA of ₹1.74 Lakh (EBITDA margin 1.4%).
As per MCA filings, the company has open charges of ₹15 Lakh on record.
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 rapls.co.in.
Company details
Contact details
Reach Automation Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address32/3 Nirupam Arcade 3rd Floor 1st Main Road Domlur, Bangalore, Karnataka, India – 560071
- IndustryTrading, Retail Trading, Retailers
- 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
Business activity
The main business activity of Reach Automation is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Reach Automation Private Limited, buy the company report.
Financials of Reach Automation Private Limited
FY 2016 filings availableReach Automation Private Limited reported revenue of ₹1.27 Cr (down 19% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA fell 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.74 Lakh | |
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| Net Profit (PAT) | -₹24,933 | |
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
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| Profitability | ||
| EBITDA Margin | 1.4% | |
| Net Profit Margin | -0.2% | |
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To see the full financial statements and ratios of Reach Automation Private Limited, buy the company report.
Board of directors of Reach Automation Private Limited
Reach Automation 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 |
|---|---|---|---|---|
| Kiran Seshagiri Also directs: Bangalore Custom House Agents Association Limited | Director | 24 Sep 2010 | 16 Years 1 Months | Current |
| Lakkundi Gururajarao Jayathirtha Also directs: Swangloble Logistics Private Limited | Additional Director | 26 Jun 2017 | 9 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2013 | 10451896 | Karnataka Bank Ltd | ₹15 Lakh | Open |
To see the full charge records of Reach Automation Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Reach Automation 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 Reach Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reach Automation 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 Reach Automation Private Limited, buy the company report.
Recent activity
Reach Automation Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Dhanasekar Duraisamy Periyanna Gounder ceased to be Director on 30 Jun 2017.
Frequently asked questions
Reach Automation is an active private limited company based in Bangalore, Karnataka, India. The company works in retail trading, within the trading industry. It was incorporated on 24 September 2010 (16+ years old) and is registered under CIN U74120KA2010PTC055303.
Reach Automation has 2 current directors:
- Kiran Seshagiri - Director
- Lakkundi Gururajarao Jayathirtha - Additional Director
The latest financial statements of Reach Automation on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Reach Automation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Reach Automation is U74120KA2010PTC055303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reach Automation was incorporated on 24 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Dhanasekar Duraisamy Periyanna Gounder ceased to be Director on 30 Jun 2017. Lakkundi Gururajarao Jayathirtha was appointed as Additional Director on 26 Jun 2017. Kiran Seshagiri was appointed as Director on 24 Sep 2010.
Reach Automation can be reached through the website rapls.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Reach Automation is at 323 Nirupam Arcade 3rd Floor 1st Main Road Domlur, Bangalore, Karnataka, India – 560071.
Reach Automation operates in the trading industry, in the retail trading segment.
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