Shree Vatsa Technologies Private Limited

Shree Vatsa Technologies Private Limited - information technology in Shimoga, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2010PTC054573 Incorporated 26 July 2010 ROC Bangalore HQ Shimoga, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2021
₹15.68 Lakh
▼ 73% YoY
Net loss · FY 2021
₹13.44 Lakh
Net margin -85.7%
EBITDA · FY 2021
₹4.84 Lakh
EBITDA margin 30.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹29.6 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
6
Provident fund records

About Shree Vatsa Technologies Private Limited

Data last updated:

Shree Vatsa Technologies Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 July 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2010PTC054573. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including S R Suresh (Whole-Time Director) and Vasanth Hoblidar.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Kt Shamaiah Gowda Road Shimoga Dist Chamber Of Commerce And Ind, Ustry Bldg, Karnataka, India – 577201.

As per the financials filed for FY 2021, the company reported a revenue of ₹15.68 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹13.44 Lakh (net margin -85.7%) and EBITDA of ₹4.84 Lakh (EBITDA margin 30.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 24% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹29.6 Lakh on record.

Shree Vatsa Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0006989). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900KA2010PTC054573
Registration Number 054573
Incorporation Date 26 July 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-24-0006989
Key People
S R Suresh Whole-Time Director Vasanth Hoblidar Director Govindappa Thimme Gowda Director

Recognitions & Rankings of Shree Vatsa Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-24-0006989

Contact details

Shree Vatsa Technologies Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Kt Shamaiah Gowda Road Shimoga Dist Chamber Of Commerce And Ind, Ustry Bldg, Karnataka, India – 577201
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Shree Vatsa Technologies Private Limited, buy the company report.

Comprehensive company report
Shree Vatsa Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Shree Vatsa Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Shree Vatsa Technologies Private Limited, buy the company report.

Financials of Shree Vatsa Technologies Private Limited

FY 2021 filings available

Shree Vatsa Technologies Private Limited reported revenue of ₹15.68 Lakh (down 73% YoY) for FY 2021.

Revenue · FY 2021
₹15.68 Lakh ▼ 73%
Net loss · FY 2021
₹13.44 Lakh margin -85.7%
EBITDA · FY 2021
₹4.84 Lakh margin 30.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 36%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 59%
3 years · compounded
▲ 30%
5 years · compounded
▲ 55%

Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 73% fall in the latest year. EBITDA fell 59% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.84 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.44 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin30.9%
Net Profit Margin-85.7%
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 Shree Vatsa Technologies Private Limited, buy the company report.

Board of directors of Shree Vatsa Technologies Private Limited

Shree Vatsa Technologies has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
S R SureshWhole-Time Director30 Mar 201511 Years 7 MonthsCurrent
Vasanth Hoblidar
Also directs: Kawaka Health Science LLP, Eduliscutlery Private Limited, Wealth Transformers India Private Limited
Director30 Mar 201511 Years 7 MonthsCurrent
Govindappa Thimme GowdaDirector11 Sep 20197 Years 1 MonthsCurrent
Karnalli NagamaniDirector26 Jul 201016 Years 3 MonthsCurrent
Rajendra Chitrashekharappa MundaragiDirector26 Jul 201016 Years 3 MonthsCurrent
Mythili Suresh
Also directs: Parna Creations Private Limited
Director26 Jul 201016 Years 3 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹29.6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Sep 201310455694Canara Bank₹5.6 LakhOpen
03 Feb 201210342859Canara Bank₹24 LakhOpen

To see the full charge records of Shree Vatsa Technologies Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Shree Vatsa Technologies Private Limited has a workforce of 6 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-45.45%

GST

Shree Vatsa Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Shree Vatsa Technologies Private Limited, buy the company report.

Recent activity

Shree Vatsa Technologies Private Limited has 10 board changes on record since 2010: 6 appointments and 4 cessations. The latest: Govindappa Thimme Gowda was appointed as Director on 11 Sep 2019.

AGM
Shree Vatsa Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Shree Vatsa Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Govindappa Thimme Gowda was appointed as Director.
Ceased
Seetha Ramu Tarikere Leelamani ceased to be Director.
Ceased
Shylaja Seetha Ramu ceased to be Director.
Ceased
S R Suresh ceased to be Additional Director.
Ceased
Vasanth Hoblidar ceased to be Additional Director.
Appointed
S R Suresh was appointed as Whole-Time Director.
Appointed
Vasanth Hoblidar was appointed as Director.
Charges
A charge with Canara Bank of Rs. 24.00 Lakh registered on 03 Feb 2012 with Charge ID 10342859 was modified on 26 Mar 2015.
Charges
A charge with Canara Bank amounted to Rs. 5.60 Lakh with Charge ID 10455694 was registered on 13 Sep 2013.
Charges
A charge with Canara Bank amounted to Rs. 24.00 Lakh with Charge ID 10342859 was registered on 03 Feb 2012.

4 earlier events are in the company report.

Frequently asked questions

Shree Vatsa Technologies is an active private limited company based in Shimoga, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 July 2010 (16+ years old) and is registered under CIN U72900KA2010PTC054573.

Shree Vatsa Technologies has 6 current directors:

The latest financial statements of Shree Vatsa Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

No. Shree Vatsa Technologies has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Shree Vatsa Technologies is U72900KA2010PTC054573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shree Vatsa Technologies was incorporated on 26 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

Govindappa Thimme Gowda was appointed as Director on 11 Sep 2019. Seetha Ramu Tarikere Leelamani ceased to be Director on 24 Apr 2019. Shylaja Seetha Ramu ceased to be Director on 24 Apr 2019. Shree Vatsa Technologies has 10 board changes on record in total.

Yes, Shree Vatsa Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-24-0006989).

The registered office of Shree Vatsa Technologies is at Kt Shamaiah Gowda Road Shimoga Dist Chamber Of Commerce And Ind, Ustry Bldg, Karnataka, India – 577201.

Shree Vatsa Technologies operates in the information technology industry, in the other computer related activities segment.