About Sreeven Infocom Limited
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Sreeven Infocom Limited is a public limited company based in Hyderabad, Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 December 2001.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2001PLC038202. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.19 Cr. It is led by directors including Satyanarayana Raju Kalidindi and Krishna Mohan Gollamudi (Irp/Rp/Liquidator).
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 Flat No 201 H.No: 7 – 1 – 396/2/10/1/201 Sri Venkat Residency B.K.Guda, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.95 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹41.98 Lakh (net margin 3%) and EBITDA of ₹1.05 Cr (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 954 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sreeven. As per MCA filings, the company has open charges of ₹58.91 Lakh and satisfied charges of ₹19.96 Cr on record. Court records list 67 cases involving the company, including 14 filed by the company and 53 filed against it; 9 cases are pending. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹3 Cr; the latest was in September 2023.
The last known website on record is sreeveninfo.com.
Company details
CIN history
Sreeven Infocom has one previous CIN (Corporate Identification Number): U72200AP2001PLC038202. The current CIN is U72200TG2001PLC038202, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2001PLC038202 | Current |
| U72200AP2001PLC038202 | Previous |
Contact details
Sreeven Infocom Limited's registered office is in Hyderabad, Telangana. Its website is sreeveninfo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 201 H.No: 7 – 1 – 396/2/10/1/201 Sri Venkat Residency B.K.Guda, Hyderabad, Telangana, India – 500018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sreeven Infocom 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
Brands
Sreeven Infocom operates one associated brand: Sreeven. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers innovative e-governance and IT solutions for government and citizens. | sreeveninfo.com |
Business activity
The main business activity of Sreeven Infocom 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 Sreeven Infocom Limited, buy the company report.
Financials of Sreeven Infocom Limited
FY 2019 filings availableSreeven Infocom Limited reported revenue of ₹13.95 Cr (up 12% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 111% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹13.95 Cr | ||||
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| EBITDA | ₹1.05 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹41.98 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Sreeven Infocom Limited, buy the company report.
Board of directors of Sreeven Infocom Limited
Sreeven Infocom has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayana Raju Kalidindi Also directs: Sreeven Paytech Private Limited | Director | 15 Nov 2006 | 19 Years 11 Months | As last reported |
| Krishna Mohan Gollamudi | Irp/Rp/Liquidator | 04 May 2023 | 3 Years 5 Months | As last reported |
| Santoshlaxmi Modalavenkatarama Narsimharao | Additional Director | 10 Feb 2016 | 10 Years 8 Months | As last reported |
| Vijaya Kumar Addagudi | Additional Director | 10 Feb 2016 | 10 Years 8 Months | As last reported |
Auditor
Sreeven Infocom Limited is audited by SRINIVAS AND POORNA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRINIVAS AND POORNA | FY 2019 | 010905S |
Shareholding
The shareholding of Sreeven Infocom 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 category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sreeven Infocom Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2008 | 10121342 | Hewlett Packard Financial Services (India) Private Ltd | ₹58.91 Lakh | Open | |
| 24 Jan 2011 | 10264050 | Icici Bank Limited | ₹16 Cr | Satisfied | |
| 03 Jul 2009 | 10172290 | Ing Vysya Bank Limited | ₹2 Cr | Satisfied | |
| 26 Oct 2007 | 10079438 | Icici Bank Limited | ₹63 Lakh | Satisfied | |
| 17 Jul 2007 | 10066112 | Union Bank of India | ₹46 Lakh | Satisfied |
To see the full charge records of Sreeven Infocom Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Sreeven Infocom Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹3 Cr; the latest was in September 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Funding round | ₹3 Cr | Investors: Hiliks Technologies Limited |
| Apr 2008 | Acquisition | ₹7.47 Cr | Buyer: Dhanus Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sreeven Infocom Limited has 67 court cases on record: 14 filed by Sreeven Infocom, 53 filed against it. 9 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 30 | 4 |
| High courts | 24 | 19 | 3 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Enact Technologies Private Limited | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Enact Technologies Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Pioneer Tie-Up Pvt. Ltd. | Pending |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Enact Technologies Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Mphasis Limited | Disposed |
To see the full case history of Sreeven Infocom 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 Sreeven Infocom Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sreeven Infocom Limited has a workforce of 954 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Sreeven Infocom has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sreeven Infocom Limited, buy the company report.
Recent activity
Sreeven Infocom Limited has 16 board changes on record since 2006: 4 appointments and 12 cessations. The latest: Krishna Mohan Gollamudi was appointed as Irp/Rp/Liquidator on 04 May 2023.
25 earlier events are in the company report.
Frequently asked questions
Sreeven Infocom is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sreeven Infocom is a company under insolvency, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 December 2001 and is registered under CIN U72200TG2001PLC038202. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sreeven Infocom has 4 current directors:
- Satyanarayana Raju Kalidindi - Director
- Santoshlaxmi Modalavenkatarama Narsimharao - Additional Director
- Vijaya Kumar Addagudi - Additional Director
- Krishna Mohan Gollamudi - Irp/Rp/Liquidator
The latest financial statements of Sreeven Infocom 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.
The CIN (Corporate Identification Number) of Sreeven Infocom is U72200TG2001PLC038202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreeven Infocom has open charges of ₹58.91 Lakh and satisfied charges of ₹19.96 Cr as per latest MCA filings.
Sreeven Infocom has 67 court cases on record: 14 filed by the company and 53 filed against it. 9 are pending. Most are in the district courts.
Sreeven Infocom was incorporated on 13 December 2001. It is registered with the Registrar of Companies, Hyderabad.
Sreeven Infocom has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹3 Cr; the latest was in September 2023.
Krishna Mohan Gollamudi was appointed as Irp/Rp/Liquidator on 04 May 2023. Satyanarayana Raju Kalidindi ceased to be Managing Director on 31 Dec 2018. Erram Bhargavi ceased to be Director on 20 Feb 2016. Sreeven Infocom has 16 board changes on record in total.