Sevenstrata IT Services Private Limited
About Sevenstrata IT Services Private Limited
Data last updated:
Sevenstrata IT Services Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 30 August 2007.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2007PTC064574. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹9.8 Lakh. It was led by directors Masood Ahmed Khan and Krishnamurthy Ramanathan.
Its last annual general meeting (AGM) was held on 14 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Anugraha Newno.28 Groundfloormurray'Sgateroad Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.88 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Lakh (net margin 23.8%) and EBITDA of -₹9.05 Lakh (EBITDA margin -76.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.28 Cr; the latest was in August 2013.
Company details
Contact details
Sevenstrata IT Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressAnugraha Newno.28 Groundfloormurray'Sgateroad Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Sevenstrata IT 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
Financials of Sevenstrata IT Services Private Limited
FY 2020 filings availableSevenstrata IT Services Private Limited reported revenue of ₹11.88 Lakh (down 57% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 57% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.88 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9.05 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.83 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -76.2% | ||
| Net Profit Margin | 23.8% | ||
| 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 Sevenstrata IT Services Private Limited, buy the company report.
Board of directors of Sevenstrata IT Services Private Limited
Sevenstrata IT Services has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Masood Ahmed Khan | Director | 24 Dec 2019 | 6 Years 9 Months | As last reported |
| Krishnamurthy Ramanathan | Director | 07 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Sevenstrata IT Services Private Limited is audited by KARRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARRA & CO | FY 2017 | 001749S |
Shareholding
The shareholding of Sevenstrata IT 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 Sevenstrata IT Services Private Limited, buy the company report.
Deals & funding
Sevenstrata IT Services Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.28 Cr; the latest was in August 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Sep 2009 | Funding round | ₹5.16 Cr | Investors: 7Strata Inc |
| May 2008 | Funding round | ₹13.12 Cr | Investors: 7Strata Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sevenstrata IT 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 Sevenstrata IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sevenstrata IT Services Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Sevenstrata IT 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 Sevenstrata IT Services Private Limited, buy the company report.
Recent activity
Sevenstrata IT Services Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Masood Ahmed Khan ceased to be Additional Director on 14 Aug 2020.
3 earlier events are in the company report.
Frequently asked questions
Sevenstrata IT Services has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Sevenstrata IT Services was a private limited company based in Chennai, Tamil Nadu, India. The company worked in IT infrastructure management and services, within the information technology industry. It was incorporated on 30 August 2007 and is registered under CIN U72300TN2007PTC064574. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Sevenstrata IT Services was incorporated on 30 August 2007. It is registered with the Registrar of Companies, Chennai.
Sevenstrata IT Services had 2 directors:
- Masood Ahmed Khan - Director
- Krishnamurthy Ramanathan - Director
The CIN (Corporate Identification Number) of Sevenstrata IT Services is U72300TN2007PTC064574. 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 Sevenstrata IT Services is at Anugraha Newno.28 GroundfloormurraySgateroad Alwarpet, Chennai, Tamil Nadu, India – 600018.
The latest financial statements of Sevenstrata IT Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 14 August 2020. Year-wise statements from 2015 are in the company report.
No. Sevenstrata IT Services has 1 GST registration on record and it is cancelled or inactive.
Sevenstrata IT Services operated in the information technology industry, in the IT infrastructure management and services segment.
Sevenstrata IT Services has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹18.28 Cr; the latest was in August 2013.