About Sresta Business Solutions Private Limited
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Sresta Business 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 03 October 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC071277. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Recolo Soft Solutions Private Limited. It was led by directors Bangalore Renuka Mahesh and Lakshmaiah Suresh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at #78/1 5th Cross 1st Main Isro Layout, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2015, the company reported a revenue of ₹16.77 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹8.01 Lakh (net margin -47.8%) and EBITDA of -₹9.3 Lakh (EBITDA margin -55.5%).
The last known website on record is sresta.in.
Company details
Contact details
Sresta Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is sresta.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#78/1 5th Cross 1st Main Isro Layout, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Sresta Business 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
Financials of Sresta Business Solutions Private Limited
FY 2015 filings availableSresta Business Solutions Private Limited reported revenue of ₹16.77 Lakh (down 19% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹16.77 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹9.3 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹8.01 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -55.5% |
| Net Profit Margin | -47.8% |
| 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 Sresta Business Solutions Private Limited, buy the company report.
Board of directors of Sresta Business Solutions Private Limited
Sresta Business Solutions 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 |
|---|---|---|---|---|
| Bangalore Renuka Mahesh | Director | 03 Oct 2013 | 13 Years 0 Months | As last reported |
| Lakshmaiah Suresh Kumar | Director | 03 Oct 2013 | 13 Years 0 Months | As last reported |
Auditor
Sresta Business Solutions Private Limited is audited by S. J. H. & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. J. H. & Co. | FY 2015 |
Shareholding
The shareholding of Sresta Business Solutions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sresta Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sresta Business 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 Sresta Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sresta Business Solutions has 2 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 Sresta Business Solutions Private Limited, buy the company report.
Recent activity
Sresta Business Solutions Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Muthappa ceased to be Director on 22 Sep 2014.
Frequently asked questions
Sresta Business 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.
Sresta Business 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 03 October 2013 and is registered under CIN U72900KA2013PTC071277. The company has been struck off by the Registrar of Companies and is no longer operational.
Sresta Business Solutions had 2 directors:
- Bangalore Renuka Mahesh - Director
- Lakshmaiah Suresh Kumar - Director
The CIN (Corporate Identification Number) of Sresta Business Solutions is U72900KA2013PTC071277. 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 Sresta Business Solutions is at #781 5th Cross 1st Main Isro Layout, Bangalore, Karnataka, India – 560078.
Sresta Business Solutions was incorporated on 03 October 2013. It is registered with the Registrar of Companies, Bangalore.
Sresta Business Solutions can be reached through the website sresta.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Sresta Business Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Sresta Business Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Sresta Business 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.