MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0022750
Sumo Technologies Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.79 Cr
▼ 44% YoY
Net profit · FY 2024
₹1.72 Cr
Net margin 10.9%
EBITDA · FY 2024
₹6.69 Cr
EBITDA margin 42.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.51 Cr
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹6.81 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
17
Provident fund records
About Sumo Technologies Private Limited
Data last updated:
Sumo Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 05 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71230KA2005PTC037846. Its GSTIN is 29AAJCS8169G1ZP (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.51 Cr. It is led by directors Meda Sreedhar (Managing Director) and Meda Suma Sreedhar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #14 Ground Floor 37th 'A' Cross 1st Main Road Opp.Jss Auditorium Jayanagar 8th Block, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.79 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 10.9%) and EBITDA of ₹6.69 Cr (EBITDA margin 42.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹6.81 Cr on record. Court records list 63 cases involving the company, including 61 filed by the company and 2 filed against it; 4 cases are pending.
Sumo Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0022750). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sumotech.in.
Company details
CIN U71230KA2005PTC037846
Registration Number 037846
Incorporation Date 05 December 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0022750
Recognitions & Rankings of Sumo Technologies
Contact details
Sumo Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is sumotech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#14 Ground Floor 37th 'A' Cross 1st Main Road Opp.Jss Auditorium Jayanagar 8th Block, Bangalore, Karnataka, India – 560082
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Sumo Technologies Private Limited, buy the company report.
Comprehensive company report
Sumo Technologies Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Sumo Technologies is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Sumo Technologies Private Limited, buy the company report.
Financials of Sumo Technologies Private Limited
FY 2024 filings availableSumo Technologies Private Limited reported revenue of ₹15.79 Cr (down 44% YoY) for FY 2024.
Revenue · FY 2024
₹15.79 Cr ▼ 44%
Net profit · FY 2024
₹1.72 Cr margin 10.9%
EBITDA · FY 2024
₹6.69 Cr margin 42.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 13%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 17%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 44% fall in the latest year. EBITDA fell 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.69 Cr | ||||
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| Net Profit (PAT) | ₹1.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 42.4% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sumo Technologies Private Limited, buy the company report.
Board of directors of Sumo Technologies Private Limited
Sumo Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meda Sreedhar Also directs: Sumo Hospitality Services LLP, Sumo's Codeskk360 LLP, Sumo Infra Builders LLP and 5 more | Managing Director | 05 Dec 2005 | 20 Years 10 Months | Current |
| Meda Suma Sreedhar Also directs: Sumo Hospitality Services LLP, Sumo's Codeskk360 LLP, Sumo Infra Builders LLP and 5 more | Director | 05 Dec 2005 | 20 Years 10 Months | Current |
Auditor
Sumo Technologies Private Limited is audited by MSSV & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSSV & Co. | FY 2023 | 001987S |
Shareholding
The shareholding of Sumo Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sumo Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹6.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2024 | 101018505 | Indian Overseas Bank | ₹50 Lakh | Open | |
| 30 Apr 2014 | 10501077 | Indian Overseas Bank | ₹3.1 Cr | Satisfied | |
| 27 May 2009 | 10219127 | Indian Overseas Bank | ₹3.71 Cr | Satisfied |
To see the full charge records of Sumo Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sumo Technologies Private Limited has 63 court cases on record: 61 filed by Sumo Technologies, 2 filed against it. 4 cases are pending and 59 are disposed.
Total cases
63
Filed by the company
61
Filed against the company
2
Pending
4
Disposed
59
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 0 | 4 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Lyros Technologies Pvt Ltd and 04 Others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S QNQ Healthcare Pvt Ltd and 06 Others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Iat Technologies Pvt Ltd and Others | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Marrs Intellectual Services Pvt Ltd., and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Vsourcinn Services Private Limited., | Disposed |
To see the full case history of Sumo 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 Sumo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sumo Technologies Private Limited has a workforce of 17 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-5.56%
GST
Sumo Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS8169G1ZP | Karnataka | Active | 01 Jul 2017 |
| 33AAJCS8169G1Z0 | Tamil Nadu | Active | 07 Nov 2023 |
To see the full GST registrations and return filing status of Sumo Technologies Private Limited, buy the company report.
Recent activity
Sumo Technologies Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Meda Sreedhar was appointed as Managing Director on 05 Dec 2005.
AGM
Sumo Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.50 Cr with Charge ID 101018505 was registered on 27 Aug 2024.
Filing
Sumo Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 30 Apr 2014 via Charge ID 10501077 with Indian Overseas Bank was fully satisfied on 25 May 2023.
Charges
A charge with Indian Overseas Bank of Rs. 3.10 Cr registered on 30 Apr 2014 with Charge ID 10501077 was modified on 28 Apr 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 3.10 Cr with Charge ID 10501077 was registered on 30 Apr 2014.
Charges
A charge registered on 27 May 2009 via Charge ID 10219127 with Indian Overseas Bank was fully satisfied on 05 Dec 2012.
Charges
A charge with Indian Overseas Bank of Rs. 3.71 Cr registered on 27 May 2009 with Charge ID 10219127 was modified on 03 Nov 2010.
Charges
A charge with Indian Overseas Bank amounted to Rs. 3.71 Cr with Charge ID 10219127 was registered on 27 May 2009.
Appointed
Meda Sreedhar was appointed as Managing Director.
Appointed
Meda Suma Sreedhar was appointed as Director.
Incorporation
05 Dec 2005
Sumo Technologies Private Limited was registered on 05 Dec 2005 with Roc Bangalore & aged 20 years 10 months as per MCA records.
Frequently asked questions
Sumo Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 05 December 2005 (21+ years old) and is registered under CIN U71230KA2005PTC037846.
Sumo Technologies has 2 current directors:
- Meda Sreedhar - Managing Director
- Meda Suma Sreedhar - Director
The latest financial statements of Sumo Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sumo Technologies is 29AAJCS8169G1ZP, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCS8169G1Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of Sumo Technologies is U71230KA2005PTC037846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumo Technologies has 63 court cases on record: 61 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Sumo Technologies was incorporated on 05 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Meda Sreedhar was appointed as Managing Director on 05 Dec 2005. Meda Suma Sreedhar was appointed as Director on 05 Dec 2005.
Yes, Sumo Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0022750).
Sumo Technologies can be reached through the website sumotech.in. Its registered office is in Bangalore, Karnataka, India.