Stratosphere It Services Private Limited

Provides workforce and recruitment solutions for various industries, including IT, engineering, and project management.

2012 | Hyderabad, Telangana (India) | Active
Last Updated:

Stratosphere It Services Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.16 Cr
  • Satisfied Charges ₹ 13.10 Cr
  • Revenue Growth 25.07%
  • Profit Growth 87.85%
  • Ebitda 43.94%
  • Net Worth 30.80%
  • Total Assets 47.56%

About Stratosphere It Services

Stratosphere It Services Private Limited (SISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2012 and has a history of 12 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹17.16 Cr. The company has closed loans amounting to ₹13.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satyavathi Vallabhaneni, Rakesh Tummala, and Srinivas Mullapudi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2012PTC085068

  • Company No.

    085068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Business Outsourcing
Company report

Stratosphere It Services Private Limited

Explore comprehensive data for Stratosphere It Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Stratosphere It Services?

Board Members (3)

NameDesignationAppointment DateStatus
Satyavathi Vallabhaneni Country flag representing In Director 28-Dec-2012Current
Rakesh Tummala Country flag representing In Director 02-May-2018Current
Srinivas Mullapudi Country flag representing In Director 15-May-2019Current

Financial Performance of Stratosphere It Services.

Stratosphere It Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.07% increase. The company also saw a substantial improvement in profitability, with a 87.85% increase in profit. The company's net worth Soared by an impressive increase of 30.8%.

Stratosphere It Services revenue growth over time
Stratosphere It Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.07%
Revenue from Operations
24.96%
Total Assets
47.56%
Profit or Loss
87.85%
Net Worth
30.80%
EBITDA
43.94%

What is the Ownership and Shareholding Structure of Stratosphere It Services?

In 2023, Stratosphere It Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹171.61 M

Satisfied Charges

₹130.98 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 16.96 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2024Hdfc Bank Limited₹2.01 MOpen
25 May 2022Axis Bank Limited₹12.00 CrOpen
20 Oct 2021Axis Bank Limited₹4.96 CrOpen
24 Feb 2021Others₹2.35 CrSatisfied
31 Aug 2020The Hongkong And Shanghai Banking Corporation Limited₹5.00 CrSatisfied

How Many Employees Work at Stratosphere It Services?

Stratosphere It Services has a workforce of 691 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Stratosphere It Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Stratosphere It Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Stratosphere It Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Stratosphere It Services

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.01 M with Charge ID 100921300 was registered on 30 Mar 2024.

  • Charges

    A charge registered on 24 Feb 2021 via Charge ID 100455098 with Others was fully satisfied on 03 Nov 2023.

  • Annual General Meeting

    Stratosphere It Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Stratosphere It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 49.60 M registered on 20 Oct 2021 with Charge ID 100504140 was modified on 31 Oct 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 120.00 M with Charge ID 100581009 was registered on 25 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Stratosphere It Services Private Limited?

    Stratosphere It Services Private Limited was incorporated on 28 Dec 2012.

  • What is authorized share capital and paid-up capital of Stratosphere It Services Private Limited?

    The authorized share capital of Stratosphere It Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Stratosphere It Services Private Limited?

    Currently 3 directors are associated with Stratosphere It Services Private Limited.

    • Satyavathi Vallabhaneni
    • Rakesh Tummala
    • Srinivas Mullapudi

  • What is the registered address of Stratosphere It Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Stratosphere It Services Private Limited is Plot No16 Survey No74 75 Jai Hind Gandhi Road, Serilingampal India, Shaikpet, Telangana, 500081.

  • What is the corporate identification number (CIN) and company number of Stratosphere It Services Private Limited?

    The corporate identification number (CIN) of Stratosphere It Services Private Limited is U72200TG2012PTC085068 and the company number is 085068 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Stratosphere It Services Private Limited?

    The Official website of Stratosphere It Services Private Limited is https://www.stratosphere.co.in

  • What has been the recent revenue trend for Stratosphere It Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Stratosphere It Services Private Limited has risen by 25.07%.

  • How many employees does Stratosphere It Services Private Limited currently have?

    As Per 2023 financial reports, 691 employees are currently employed by Stratosphere It Services Private Limited.

  • What change has been observed in the net worth of Stratosphere It Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Stratosphere It Services Private Limited has experienced an upsurge of 30.80%.

  • What are the total open charges for Stratosphere It Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Stratosphere It Services Private Limited amount to ₹ 17.16 Cr.

  • When was the last Balance Sheet of Stratosphere It Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Stratosphere It Services Private Limited was filed with the ROC on 31 Mar 2023.

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