Shikhar Solutech Private Limited

Shikhar Solutech Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2005PTC056076 Incorporated 26 April 2005 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2019
₹1.42 Cr
▲ 25613% YoY
Net profit · FY 2019
₹14.35 Lakh
Net margin 10.1%
EBITDA · FY 2019
₹14.35 Lakh
EBITDA margin 10.1%
Authorised capital
₹52.5 Lakh
Registered with MCA
Paid-up capital
₹38.5 Lakh
Issued & subscribed
Open charges
₹3.75 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About Shikhar Solutech Private Limited

Data last updated:

Shikhar Solutech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 April 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2005PTC056076. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹52.5 Lakh and a paid-up capital of ₹38.5 Lakh. It is led by directors Sivalingam Muthulakshmi and Rengasamy Arumugam.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Chennai, Tamil Nadu.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14.35 Lakh (net margin 10.1%) and EBITDA of ₹14.35 Lakh (EBITDA margin 10.1%).

As per MCA filings, the company has open charges of ₹3.75 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900TN2005PTC056076
Registration Number 056076
Incorporation Date 26 April 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Shikhar Solutech Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.12B Kgr Sri Krishna Apartments Kannappa Nagar 2nd Main Road Thiruvanm, Iyur, Chennai, Tamil Nadu, India – 600041
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Shikhar Solutech Private Limited, buy the company report.

Comprehensive company report
Shikhar Solutech Private Limited - one report that includes everything
  • 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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Business activity

The main business activity of Shikhar Solutech is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Shikhar Solutech Private Limited, buy the company report.

Financials of Shikhar Solutech Private Limited

FY 2019 filings available

Shikhar Solutech Private Limited reported revenue of ₹1.42 Cr (up 25613% YoY) for FY 2019.

Revenue · FY 2019
₹1.42 Cr ▲ 25613%
Net profit · FY 2019
₹14.35 Lakh margin 10.1%
EBITDA · FY 2019
₹14.35 Lakh margin 10.1%

Financial Statement Summary

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.42 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹14.35 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.35 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin10.1%
Net Profit Margin10.1%
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

To see the full financial statements and ratios of Shikhar Solutech Private Limited, buy the company report.

Board of directors of Shikhar Solutech Private Limited

Shikhar Solutech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sivalingam MuthulakshmiDirector26 Mar 20188 Years 7 MonthsCurrent
Rengasamy ArumugamDirector26 Mar 20188 Years 7 MonthsCurrent

Auditor

Shikhar Solutech Private Limited is audited by S S R R & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
S S R R & ASSOCIATESFY 2019017917S

Shareholding

The shareholding of Shikhar Solutech Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shikhar Solutech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Indusind Bank Limited₹0.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Nov 201110324928Indusind Bank Limited₹3.75 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shikhar Solutech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shikhar Solutech Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

Shikhar Solutech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Shikhar Solutech Private Limited, buy the company report.

Recent activity

Shikhar Solutech Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Lakshminarayanan Seshadri ceased to be Managing Director on 26 Mar 2018.

AGM
Shikhar Solutech Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Shikhar Solutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Ceased
Lakshminarayanan Seshadri ceased to be Managing Director.
Appointed
Rengasamy Arumugam was appointed as Director.
Appointed
Sivalingam Muthulakshmi was appointed as Director.
Ceased
Vijay ceased to be Director.
Ceased
Dataram Venkata Badarinarayana ceased to be Director.
Ceased
Kamakoti Dhandapani ceased to be Director.
Ceased
Thirumazhisai Puttam Shridar ceased to be Director.
Charges
A charge with Indusind Bank Limited amounted to Rs. 3.75 Lakh with Charge ID 10324928 was registered on 24 Nov 2011.
Incorporation
26 Apr 2005
Shikhar Solutech Private Limited was registered on 26 Apr 2005 with Roc Chennai & aged 21 years 6 months as per MCA records.

Frequently asked questions

Shikhar Solutech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 April 2005 (21+ years old) and is registered under CIN U72900TN2005PTC056076.

Shikhar Solutech has 2 current directors:

The latest financial statements of Shikhar Solutech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

No. Shikhar Solutech has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Shikhar Solutech is U72900TN2005PTC056076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shikhar Solutech was incorporated on 26 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.

Lakshminarayanan Seshadri ceased to be Managing Director on 26 Mar 2018. Rengasamy Arumugam was appointed as Director on 26 Mar 2018. Sivalingam Muthulakshmi was appointed as Director on 26 Mar 2018. Shikhar Solutech has 7 board changes on record in total.

The registered office of Shikhar Solutech is at No.12B Kgr Sri Krishna Apartments Kannappa Nagar 2nd Main Road Thiruvanm, Iyur, Chennai, Tamil Nadu, India – 600041.

Shikhar Solutech operates in the business outsourcing industry, in the HR outsourcing and talent management segment.

Shikhar Solutech has open charges of ₹3.75 Lakh and no satisfied charges on record as per latest MCA filings.