Siddharth Infotech Private Limited

Siddharth Infotech Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2000PTC027104 Incorporated 19 May 2000 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹79.36 Lakh
▼ 94% YoY
Net loss · FY 2020
₹5.78 Cr
Latest filing
EBITDA · FY 2020
-₹5.74 Cr
Latest filing
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹12.96 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings

About Siddharth Infotech Private Limited

Data last updated:

Siddharth Infotech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 May 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027104. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Mysore Somu Usharani and Bangalore Gangappa Kumaraswamy.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2020, the company reported a revenue of ₹79.36 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹5.78 Cr and EBITDA of -₹5.74 Cr. Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 39% over five years.

As per MCA filings, the company has open charges of ₹12.96 Cr on record. Court records list 37 cases involving the company, including 14 filed by the company and 18 filed against it; 8 cases are pending.

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

Company Details of Siddharth Infotech Private Limited
CIN U72200KA2000PTC027104
Registration Number 027104
Incorporation Date 19 May 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.81/3 2nd Floor Sri Durga Enclave J Block 1st Main Pipeline Sheshadripur, Am, Bangalore, Karnataka, India – 560020
  • Industry
    Information Technology, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Siddharth Infotech Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Siddharth Infotech Private Limited

The main business activity of Siddharth Infotech is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Siddharth Infotech Private Limited FY 2020 filings available

Siddharth Infotech Private Limited reported revenue of ₹79.36 Lakh (down 94% YoY) for FY 2020.

Revenue · FY 2020
₹79.36 Lakh ▼ 94%
Net loss · FY 2020
₹5.78 Cr
EBITDA · FY 2020
-₹5.74 Cr

Compounded Annual Growth Rate (CAGR) of Siddharth Infotech Private Limited

Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 62%
5 years · compounded
▼ 39%
EBITDA CAGR growth
3 years · compounded
▼ 68%
5 years · compounded
▼ 59%

Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 94% 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 of Siddharth Infotech Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹79.36 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹5.74 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹5.78 Cr••••••••••••••••
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 of Siddharth Infotech Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin••••••••••••••••••••
Net Profit Margin••••••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Siddharth Infotech are in the company report.

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Financial statements from 2015

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Auditor Details of Siddharth Infotech Private Limited

Siddharth Infotech Private Limited is audited by ADIKE & CO. for the financial year 2017.

NameStatusAppointment DateCessation Date
ADIKE & CO.LockedLockedLocked
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Board of Directors of Siddharth Infotech Private Limited

Siddharth Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mysore Somu UsharaniDirector19 May 200026 Years 4 MonthsCurrent
Bangalore Gangappa KumaraswamyDirector19 May 200026 Years 4 MonthsCurrent

Ownership and Shareholding of Siddharth Infotech Private Limited

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Charges & Borrowings of Siddharth Infotech Private Limited

Open charges
₹12.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Sir M Visveswaraya Co Op Bank Ltd₹10.63 Cr
State Bank of Mysore₹2.33 Cr
Latest charge details
DateLenderAmountStatus
01 Feb 2015Sir M Visveswaraya Co Op Bank Ltd₹10.63 CrOpen
28 Oct 2013State Bank of Mysore₹10 LakhOpen
18 Mar 2009State Bank of Mysore₹3 LakhOpen
16 Apr 2007State Bank of Mysore₹2.2 CrOpen

Total charge records: 4 View all charges

Employees and EPFO Compliance at Siddharth Infotech Private Limited

Employment history and EPFO contributions of people linked to Siddharth Infotech.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Siddharth Infotech Private Limited

Siddharth Infotech Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Madiraju Babu ceased to be Additional Director on 11 Mar 2016.

AGM
Siddharth Infotech Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Siddharth Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Ceased
Madiraju Babu ceased to be Additional Director.
Charges
A charge with Sir M Visveswaraya Co Op Bank Ltd amounted to Rs. 1,063.10 Lakh with Charge ID 10568523 was registered on 01 Feb 2015.
Ceased
Gnaneshwar Shubhakumar ceased to be Director.
Charges
A charge with State Bank Of Mysore amounted to Rs. 10.00 Lakh with Charge ID 10459120 was registered on 28 Oct 2013.
Charges
A charge with State Bank Of Mysore of Rs. 220.00 Lakh registered on 16 Apr 2007 with Charge ID 10052738 was modified on 05 Oct 2013.
Charges
A charge with State Bank Of Mysore amounted to Rs. 3.00 Lakh with Charge ID 10151041 was registered on 18 Mar 2009.
Charges
A charge with State Bank Of Mysore amounted to Rs. 220.00 Lakh with Charge ID 10052738 was registered on 16 Apr 2007.
Appointed
Bangalore Gangappa Kumaraswamy was appointed as Director.
Appointed
Mysore Somu Usharani was appointed as Director.
Incorporation
19 May 2000
Siddharth Infotech Private Limited was registered on 19 May 2000 with Roc Bangalore & aged 26 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Siddharth Infotech Private Limited

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MSME Payment Delays by Siddharth Infotech Private Limited

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Subsidiaries & Group Companies of Siddharth Infotech Private Limited

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GST Compliance of Siddharth Infotech Private Limited

Siddharth Infotech 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
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GST registrations and filing compliance

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MCA Filings & Documents of Siddharth Infotech Private Limited

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MCA filings and documents

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Frequently Asked Questions about Siddharth Infotech Private Limited

Siddharth Infotech is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 19 May 2000 (26+ years old) and is registered under CIN U72200KA2000PTC027104.

Siddharth Infotech reported revenue of ₹79.36 Lakh for FY 2020 (down 94% YoY).

Siddharth Infotech has 2 current directors:

Siddharth Infotech reported a net loss of ₹5.78 Cr and EBITDA of -₹5.74 Cr for FY 2020, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Siddharth Infotech is -62% over three years and -39% over five years. In the latest year (FY 2020) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.

No. Siddharth Infotech has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Siddharth Infotech is U72200KA2000PTC027104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Siddharth Infotech has 37 court cases on record: 14 filed by the company and 18 filed against it. 8 are pending. Most are in the district courts.

Siddharth Infotech was incorporated on 19 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.

Madiraju Babu ceased to be Additional Director on 11 Mar 2016. Gnaneshwar Shubhakumar ceased to be Director on 26 Dec 2014. Bangalore Gangappa Kumaraswamy was appointed as Director on 19 May 2000. Siddharth Infotech has 4 board changes on record in total.

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