Smartbuzz Web Services Private Limited
About Smartbuzz Web Services Private Limited
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Smartbuzz Web Services Private Limited was a private limited company based in Chandigarh, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 September 2006.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2006PTC030570. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Amrit Pal Singh Bains and Sarwan Singh Jassi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at SCO 4 – 5 Iiird Floor Sector 17 – B, Chandigarh, India – 160017.
As per the financials filed for FY 2017, the company reported a revenue of ₹61.15 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Cr (net margin -294.2%) and EBITDA of -₹1.74 Cr (EBITDA margin -283.8%).
The company had about 14 employees on its provident fund (EPFO) records before it was struck off.
Court records list 8 cases involving the company, including 8 filed by the company.
Company details
Contact details
Smartbuzz Web Services Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address is in the company report.
- Email
- Registered AddressSCO 4 – 5 Iiird Floor Sector 17 – B, Chandigarh, India – 160017
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Smartbuzz Web Services 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 Smartbuzz Web Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Smartbuzz Web Services Private Limited, buy the company report.
Financials of Smartbuzz Web Services Private Limited
FY 2017 filings availableSmartbuzz Web Services Private Limited reported revenue of ₹61.15 Lakh (down 82% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year. EBITDA fell 432% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹61.15 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.74 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.8 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -283.8% | ||
| Net Profit Margin | -294.2% | ||
| 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 Smartbuzz Web Services Private Limited, buy the company report.
Board of directors of Smartbuzz Web Services Private Limited
Smartbuzz Web Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrit Pal Singh Bains | Director | 01 Jan 2007 | 19 Years 9 Months | As last reported |
| Sarwan Singh Jassi | Director | 08 Sep 2017 | 9 Years 1 Months | As last reported |
Auditor
Smartbuzz Web Services Private Limited is audited by AVISHKAR SINGHAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVISHKAR SINGHAL & ASSOCIATES | FY 2017 | 017362N |
Shareholding
The shareholding of Smartbuzz Web Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Smartbuzz Web Services Private Limited, buy the company report.
Legal cases
Smartbuzz Web Services Private Limited has 8 court cases on record: 8 filed by Smartbuzz Web Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against an individual | Disposed |
To see the full case history of Smartbuzz Web Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartbuzz Web Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Smartbuzz Web Services 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 Smartbuzz Web Services Private Limited, buy the company report.
Recent activity
Smartbuzz Web Services Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Rajinder Singh ceased to be Director on 08 Sep 2017.
Frequently asked questions
Smartbuzz Web Services 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.
Smartbuzz Web Services was a private limited company based in Chandigarh, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 05 September 2006 and is registered under CIN U72900CH2006PTC030570. The company has been struck off by the Registrar of Companies and is no longer operational.
Smartbuzz Web Services had 2 directors:
- Amrit Pal Singh Bains - Director
- Sarwan Singh Jassi - Director
The CIN (Corporate Identification Number) of Smartbuzz Web Services is U72900CH2006PTC030570. 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 Smartbuzz Web Services is at SCO 4 – 5 Iiird Floor Sector 17 – B, Chandigarh, India – 160017.
Smartbuzz Web Services was incorporated on 05 September 2006. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Smartbuzz Web Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Smartbuzz Web Services has 1 GST registration on record and it is cancelled or inactive.
Smartbuzz Web Services operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Smartbuzz Web Services has 8 court cases on record: 8 filed by the company.