Sigase Solutions Private Limited
About Sigase Solutions Private Limited
Data last updated:
Sigase Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 October 2012.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC066363. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Manjunatha Siddappa and Ajaykumar Harischandra Naik.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No. 291/1 6th 'B' Main 7th Cross Hmt Layout R.T. Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.46 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹3.06 Lakh (net margin 5.4%) and EBITDA of ₹4.24 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
Company details
Contact details
Sigase Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 291/1 6th 'B' Main 7th Cross Hmt Layout R.T. Nagar, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sigase Solutions 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
Business activity
The main business activity of Sigase Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Sigase Solutions Private Limited, buy the company report.
Financials of Sigase Solutions Private Limited
FY 2018 filings availableSigase Solutions Private Limited reported revenue of ₹56.46 Lakh (down 18% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 11% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹56.46 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.24 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.06 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.5% | |||
| Net Profit Margin | 5.4% | |||
| 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 Sigase Solutions Private Limited, buy the company report.
Board of directors of Sigase Solutions Private Limited
Sigase Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunatha Siddappa | Additional Director | 29 Jun 2020 | 6 Years 4 Months | As last reported |
| Ajaykumar Harischandra Naik | Additional Director | 29 Jun 2020 | 6 Years 4 Months | As last reported |
Auditor
Sigase Solutions Private Limited is audited by S B V A & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B V A & ASSOCIATES | FY 2018 | 011122S |
Shareholding
The shareholding of Sigase Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sigase Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sigase Solutions 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 Sigase Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sigase Solutions 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 Sigase Solutions Private Limited, buy the company report.
Recent activity
Sigase Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Malatheshadigebylu Siddappa Gowda ceased to be Director on 06 Jul 2020.
Frequently asked questions
Sigase Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sigase Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 18 October 2012 and is registered under CIN U72900KA2012PTC066363. The company has been struck off by the Registrar of Companies and is no longer operational.
Sigase Solutions had 2 directors:
- Manjunatha Siddappa - Additional Director
- Ajaykumar Harischandra Naik - Additional Director
The CIN (Corporate Identification Number) of Sigase Solutions is U72900KA2012PTC066363. 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 Sigase Solutions is at No. 2911 6th B Main 7th Cross Hmt Layout R.T. Nagar, Bangalore, Karnataka, India – 560032.
Sigase Solutions was incorporated on 18 October 2012. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Sigase Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Sigase Solutions has 1 GST registration on record and it is cancelled or inactive.
Sigase Solutions operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Malatheshadigebylu Siddappa Gowda ceased to be Director on 06 Jul 2020. Ajaykumar Harischandra Naik was appointed as Additional Director on 29 Jun 2020. Gurudas Chinnegowda Huluvathi ceased to be Director on 29 Jun 2020. Sigase Solutions has 4 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
