About Shasta Solution LLP
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Shasta Solution LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 June 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAG-6459. Its GSTIN is 29ADCFS1601G2ZC (Karnataka). The LLP holds 3 GST registrations, of which 2 are active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Panthapura Nagaraj Namithanag and Rudrapatna Gundappa Manjula.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at 187/144 23 199 138/2 Pavamana Nagar Layout Ground Floor 1st Block Gottigere, Bangalore, Karnataka, India – 560083.
As per the financials filed for FY 2019, the LLP reported a revenue of ₹4.9 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹9.18 Lakh (net margin 1.9%) and EBITDA of ₹4.87 Cr (EBITDA margin 99.4%).
The LLP is associated with 1 brand: Shasta Solution LLP.
For more details, the LLP can be reached via its website shastasolution.in.
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- Registered Address187/144 23 199 138/2 Pavamana Nagar Layout Ground Floor 1st Block Gottigere, Bangalore, Karnataka, India – 560083
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
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Financials of Shasta Solution LLP FY 2022 filings available
Shasta Solution LLP reported revenue of ₹4.9 Cr (up 66% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Shasta Solution LLP
Revenue rose 66% in the latest year. EBITDA rose 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Shasta Solution LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Income | ₹4.9 Cr | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• |
| Profit After Tax | ₹9.18 Lakh | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• |
| Assets and Liabilities | |||
| Partners' Contribution | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Shasta Solution LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 1.9% | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Shasta Solution are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Shasta Solution LLP
Shasta Solution LLP is audited by VISHWANATHA T R & CO. for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHWANATHA T R & 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
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Designated Partners of Shasta Solution LLP
Shasta Solution has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Panthapura Nagaraj Namithanag | Designated Partner | 13 Jun 2016 | 10 Years 3 Months | Current |
| Rudrapatna Gundappa Manjula | Designated Partner | 13 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Shasta Solution LLP
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 Shasta Solution LLP
Shasta Solution LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Shasta Solution LLP
Shasta Solution operates one associated brand: Shasta Solution LLP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Regulatory compliance and consulting services for electronics and telecom sectors. | shastasolution.in |
Employees and EPFO Compliance at Shasta Solution LLP
Employment history and EPFO contributions of people linked to Shasta Solution.
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.
Recent Activity on Shasta Solution LLP
Shasta Solution LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Panthapura Nagaraj Namithanag was appointed as Designated Partner on 13 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Shasta Solution LLP
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 Shasta Solution LLP
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
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Subsidiaries & Group Companies of Shasta Solution LLP
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.
GST Compliance of Shasta Solution LLP
Shasta Solution has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ADCFS1601G2ZC | Karnataka | Active | 24 Jul 2017 |
| 06ADCFS1601G1ZL | Haryana | Active | 04 Apr 2022 |
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.
MCA Filings & Documents of Shasta Solution LLP
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.
Frequently Asked Questions about Shasta Solution LLP
Shasta Solution is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 June 2016 (10+ years old) and is registered under LLPIN AAG-6459.
Shasta Solution reported revenue of ₹4.9 Cr for FY 2019 (up 66% YoY).
Shasta Solution has 2 current designated partners:
- Panthapura Nagaraj Namithanag - Designated Partner
- Rudrapatna Gundappa Manjula - Designated Partner
Shasta Solution reported a net profit of ₹9.18 Lakh (net margin 1.9%) and EBITDA of ₹4.87 Cr (EBITDA margin 99.4%) for FY 2019, as per its filed financial statements.
The GSTIN of Shasta Solution is 29ADCFS1601G2ZC, registered in Karnataka. The LLP has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06ADCFS1601G1ZL (Haryana).
The LLPIN (Limited Liability Partnership Identification Number) of Shasta Solution is AAG-6459. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Shasta Solution was incorporated on 13 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Panthapura Nagaraj Namithanag was appointed as Designated Partner on 13 Jun 2016. Rudrapatna Gundappa Manjula was appointed as Designated Partner on 13 Jun 2016.
Shasta Solution can be reached through the website shastasolution.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shasta Solution is at 187144 23 199 1382 Pavamana Nagar Layout Ground Floor 1st Block Gottigere, Bangalore, Karnataka, India – 560083.