Resonance Outsourcing Services Private Limited
About Resonance Outsourcing Services Private Limited
Data last updated:
Resonance Outsourcing Services Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Assetz Property Group Pte Ltd. 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 computer programming segment of the technology and IT services sector. It was incorporated on 17 November 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2009PTC051525. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rajesh Yashwant Shirwatkar and Somasundaram Thiruppathi.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No 2/1 2nd Floor Embassy Icon Annexe Infantry Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.29 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹3.21 Lakh (net margin -249%) and EBITDA of -₹2.66 Lakh (EBITDA margin -206.7%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
Company details
Contact details
Resonance Outsourcing Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 2/1 2nd Floor Embassy Icon Annexe Infantry Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Resonance Outsourcing Services 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
Business activity
The main business activity of Resonance Outsourcing Services 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 |
Financials of Resonance Outsourcing Services Private Limited
FY 2018 filings availableResonance Outsourcing Services Private Limited reported revenue of ₹1.29 Lakh (up 53% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 53% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 51%. EBITDA fell 68% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2.66 Lakh | |||
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| Net Profit (PAT) | -₹3.21 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -206.7% | |||
| Net Profit Margin | -249% | |||
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To see the full financial statements and ratios of Resonance Outsourcing Services Private Limited, buy the company report.
Board of directors of Resonance Outsourcing Services Private Limited
Resonance Outsourcing Services has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Yashwant Shirwatkar Also directs: Blue Swan Microsourcing LLP, Shriprop Structures Private Limited, Shrivision Homes Private Limited and 5 more | Director | 17 Aug 2017 | 9 Years 2 Months | As last reported |
| Somasundaram Thiruppathi | Director | 02 Sep 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Resonance Outsourcing Services Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knowaysys Consulting Solutions Private Limited | ₹1.29 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| Myndgenie Systems Private Limited | ₹1.29 Lakh (FY 2024) | 25.0% | Mumbai, Maharashtra, India | |||
| Rely IT Services Private Limited | ₹1.29 Lakh (FY 2023) | -29.0% | Hyderabad, Telangana, India | |||
| Oxysquad Technologies Private Limited | ₹1.29 Lakh (FY 2020) | Dewas, Madhya Pradesh, India | ||||
| Resonance Outsourcing Services Private Limitedthis company | ₹1.29 Lakh (FY 2018) | -₹3.21 Lakh | -249% | 53.0% | Bangalore, Karnataka, India | |
| Insoftware Private Limited | ₹1.29 Lakh (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| Synergist Software Solutions Private Limited | ₹1.29 Lakh (FY 2021) | -56.0% | Hyderabad, Telangana, India | |||
| Telekinesis Automation Private Limited | ₹1.29 Lakh (FY 2023) | -44.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Resonance Outsourcing Services Private Limited, buy the company report.
Auditor
Resonance Outsourcing Services Private Limited is audited by S. Krishnaswamy & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Krishnaswamy & Co. | FY 2017 | 001556S |
Shareholding
The shareholding of Resonance Outsourcing Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Resonance Outsourcing Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Resonance Outsourcing Services 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 Resonance Outsourcing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Resonance Outsourcing Services 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 Resonance Outsourcing Services Private Limited, buy the company report.
Recent activity
Resonance Outsourcing Services Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Rajesh Yashwant Shirwatkar ceased to be Additional Director on 30 Sep 2017.
3 earlier events are in the company report.
Frequently asked questions
Resonance Outsourcing Services 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.
Resonance Outsourcing Services was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 17 November 2009 and is registered under CIN U74900KA2009PTC051525. The company has been struck off by the Registrar of Companies and is no longer operational.
Resonance Outsourcing Services had 2 directors:
- Rajesh Yashwant Shirwatkar - Director
- Somasundaram Thiruppathi - Director
The CIN (Corporate Identification Number) of Resonance Outsourcing Services is U74900KA2009PTC051525. 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 Resonance Outsourcing Services is at No 21 2nd Floor Embassy Icon Annexe Infantry Road, Bangalore, Karnataka, India – 560001.
Resonance Outsourcing Services was incorporated on 17 November 2009. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Resonance Outsourcing Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
No. Resonance Outsourcing Services has 1 GST registration on record and it is cancelled or inactive.
Resonance Outsourcing Services operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Resonance Outsourcing Services by revenue are Knowaysys Consulting Solutions Private Limited, Myndgenie Systems Private Limited, Rely IT Services Private Limited, Oxysquad Technologies Private Limited, Insoftware Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Rajesh Yashwant Shirwatkar ceased to be Additional Director on 30 Sep 2017. Rajesh Yashwant Shirwatkar was appointed as Director on 17 Aug 2017. Talla Vimala ceased to be Director on 17 Aug 2017. Resonance Outsourcing Services has 12 board changes on record in total.
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