About Steelwedge Technologies Private Limited
Data last updated:
Steelwedge Technologies Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Visualbeam Inc Usa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 January 2007.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007FTC112154. Its GSTIN is 36AACCV4015B1ZV (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Visualbeam Technologies Private Limited. It was led by directors including Laura Lynn Fese and Jarett Jay Janik.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Unit No.203 And 204 2nd Floor Brigade Opus No.70/401 Hebbal Village Kasaba Hobli, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2021, the company reported a revenue of ₹45.8 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.15 Cr (net margin 9.1%) and EBITDA of ₹6.46 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company had about 202 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is e2open.com.
Company details
CIN history
Steelwedge Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200KA2007FTC112154, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2007FTC112154 | Current |
| U72200AP2007FTC052445 | Previous |
| U72200TG2007FTC052445 | Previous |
Contact details
Steelwedge Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is e2open.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.203 And 204 2nd Floor Brigade Opus No.70/401 Hebbal Village Kasaba Hobli, Bangalore, Karnataka, India – 560092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Steelwedge Technologies 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 Steelwedge Technologies 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 Steelwedge Technologies Private Limited, buy the company report.
Financials of Steelwedge Technologies Private Limited
FY 2021 filings availableSteelwedge Technologies Private Limited reported revenue of ₹45.8 Cr (up 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 4% growth in the latest year. EBITDA rose 8% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹45.8 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹6.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Steelwedge Technologies Private Limited, buy the company report.
Board of directors of Steelwedge Technologies Private Limited
Steelwedge Technologies has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laura Lynn Fese Also directs: Onit India Private Limited | Director | 09 Aug 2017 | 9 Years 2 Months | As last reported |
| Jarett Jay Janik | Director | 21 Sep 2018 | 8 Years 1 Months | As last reported |
| Vijay Krishnarao Harlapur Also directs: Samayartha Advisory (OPC) Private Limited | Director | 01 Mar 2020 | 6 Years 7 Months | As last reported |
| Hitesh Trivedi | Director | 01 Jul 2019 | 7 Years 3 Months | As last reported |
Peer comparison
Steelwedge Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Capsule Infotech India Private Limited | ₹46.16 Cr (FY 2024) | 16.0% | Verna Salcete, Goa, India | |||
| Qualminds Technologies Private Limited | ₹46.11 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| New Balance IT Services India Private Limited | ₹45.9 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Cbnits India Private Limited | ₹45.9 Cr (FY 2024) | 21.0% | Kolkata, West Bengal, India | |||
| Steelwedge Technologies Private Limitedthis company | ₹45.8 Cr (FY 2021) | ₹4.15 Cr | 9.1% | 4.0% | 202 | Bangalore, Karnataka, India |
| Logisprint Solutions Private Limited | ₹45.76 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Medsynaptic Private Limited | ₹45.73 Cr (FY 2024) | 22.0% | Pune, Maharashtra, India | |||
| Teamlease Regtech Private Limited | ₹45.7 Cr (FY 2025) | 152.0% | Pune, Maharashtra, India | |||
| Nuvoretail Enlytical Technologies Private Limited | ₹45.57 Cr (FY 2025) | 154.0% | Delhi, India |
To see the full peer comparison of Steelwedge Technologies Private Limited, buy the company report.
Auditor
Steelwedge Technologies Private Limited is audited by PRAHALAD KHANDELWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAHALAD KHANDELWAL & CO | FY 2021 | 002714S |
Shareholding
The shareholding of Steelwedge Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Steelwedge Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2011 | 10283570 | Corporation Bank | ₹20 Lakh | Satisfied | |
| 24 Feb 2010 | 10206780 | Corporation Bank | ₹5 Lakh | Satisfied | |
| 05 Nov 2008 | 10134743 | Corporation Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Steelwedge Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Steelwedge Technologies Private Limited has 1 court case on record: 1 filed by Steelwedge Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Steelwedge Technologies 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 Steelwedge Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Steelwedge Technologies Private Limited has a workforce of 202 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Steelwedge Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCV4015B1ZV | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Steelwedge Technologies Private Limited, buy the company report.
Recent activity
Steelwedge Technologies Private Limited has 18 board changes on record since 2010: 4 appointments and 14 cessations. The latest: Vijay Krishnarao Harlapur ceased to be Additional Director on 30 Nov 2020.
16 earlier events are in the company report.
Frequently asked questions
Steelwedge Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Steelwedge Technologies was a foreign 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 22 January 2007 and is registered under CIN U72200KA2007FTC112154. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Steelwedge Technologies was incorporated on 22 January 2007. It is registered with the Registrar of Companies, Bangalore.
Steelwedge Technologies had 4 directors:
- Laura Lynn Fese - Director
- Jarett Jay Janik - Director
- Vijay Krishnarao Harlapur - Director
- Hitesh Trivedi - Director
The CIN (Corporate Identification Number) of Steelwedge Technologies is U72200KA2007FTC112154. 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 Steelwedge Technologies is at Unit No.203 And 204 2nd Floor Brigade Opus No.70401 Hebbal Village Kasaba Hobli, Bangalore, Karnataka, India – 560092.
Steelwedge Technologies can be reached through the website e2open.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Steelwedge Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Steelwedge Technologies is 36AACCV4015B1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Steelwedge Technologies operated in the information technology industry, in the IT consulting and support services segment.
The peers of Steelwedge Technologies by revenue are Creative Capsule Infotech India Private Limited, Qualminds Technologies Private Limited, New Balance IT Services India Private Limited, Cbnits India Private Limited, Logisprint Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).