Suncorp Information Technologies Private Limited

Suncorp Information Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2004PTC034141 Incorporated 16 June 2004 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹60,200
▲ 6% YoY
Net profit · FY 2019
₹10,200
Net margin 16.9%
EBITDA · FY 2019
₹10,200
EBITDA margin 16.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.25 Lakh
Issued & subscribed
Open charges
₹200 Cr
Satisfied ₹224.38 Cr
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings

About Suncorp Information Technologies Private Limited

Data last updated:

Suncorp Information Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 June 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC034141.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.25 Lakh. It is led by directors including Arjun Balasubramanyam and Balasubramanyam Nagesh.

Its last annual general meeting (AGM) was held on 01 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.42 2nd Stage 3rd Cross Industrial Suburb Yeshwanthpur, Bangalore, Karnataka, India – 560022.

As per the financials filed for FY 2019, the company reported a revenue of ₹60,200, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹10,200 (net margin 16.9%) and EBITDA of ₹10,200 (EBITDA margin 16.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 73% over five years.

As per MCA filings, the company has open charges of ₹200 Cr and satisfied charges of ₹224.38 Cr on record. Court records list 2 cases involving the company.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Suncorp Information Technologies Private Limited
CIN U72200KA2004PTC034141
Registration Number 034141
Incorporation Date 16 June 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 October 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.42 2nd Stage 3rd Cross Industrial Suburb Yeshwanthpur, Bangalore, Karnataka, India – 560022
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Suncorp Information Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Suncorp Information Technologies Private Limited

The main business activity of Suncorp Information Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Suncorp Information Technologies Private Limited FY 2022 filings available

Suncorp Information Technologies Private Limited reported revenue of ₹60,200 (up 6% YoY) for FY 2019.

Revenue · FY 2019
₹60,200 ▲ 6%
Net profit · FY 2019
₹10,200 margin 16.9%
EBITDA · FY 2019
₹10,200 margin 16.9%

Compounded Annual Growth Rate (CAGR) of Suncorp Information Technologies Private Limited

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 12%
5 years · compounded
▼ 73%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 52%
5 years · compounded
▲ 15%

Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 73%. EBITDA fell 13% 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 of Suncorp Information Technologies Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹10,200••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹10,200••••••••••••••••
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 of Suncorp Information Technologies Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin16.9%••••••••••••••••
Net Profit Margin16.9%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Suncorp Information Technologies are in the company report.

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Financial statements from 2015

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Peer Comparison of Suncorp Information Technologies Private Limited

Suncorp Information Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels, IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dreamvessels Technology Private Limited••••••••••••••••-Rudraprayag, Uttarakhand, India
Sonia Lodgings and Hospitality Private Limited••••••••••••••••-Dabra, Madhya Pradesh, India
Evrcare Services India Private Limited••••••••••••••••-Gurugram, Haryana, India
Guddu Hotels and Travels Pvt Ltd••••••••••••••••-New Delhi, Delhi, India
Vyanjan Hotels Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Suncorp Information Technologies Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Haiku Exports Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Agraneeh Hospitality Private Limited••••••••••••••••-Delhi, India
Luit Valley Enterprise Pvt Ltd••••••••••••••••-Sonitpur, Assam, India
Slain Technologies Private Limited••••••••••••••••-Varanasi, Uttar Pradesh, India
Joie De Vivre Resorts and Plantations Pvt Ltd••••••••••••••••-Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Suncorp Information Technologies by revenue in the Consumer Services industry (Hotels, IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Suncorp Information Technologies Private Limited

Suncorp Information Technologies Private Limited is audited by B V K & ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
B V K & ASSOCIATESLockedLockedLocked
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Board of Directors of Suncorp Information Technologies Private Limited

Suncorp Information Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arjun BalasubramanyamDirector01 Aug 200818 Years 2 MonthsCurrent
Balasubramanyam NageshDirector16 Jun 200422 Years 3 MonthsCurrent
Vajra NageshDirector11 May 20188 Years 4 MonthsCurrent

Ownership and Shareholding of Suncorp Information Technologies Private Limited

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Charges & Borrowings of Suncorp Information Technologies Private Limited

Open charges
₹200 Cr
Satisfied charges
₹224.38 Cr
Breakdown by lending institutions
Others₹200.00 Cr
Andhra Bank₹15.00 Cr
Indian Overseas Bank₹9.38 Cr
Latest charge details
DateLenderAmountStatus
08 Jan 2018Others₹200 CrSatisfied
02 Jun 2010Indian Overseas Bank₹9.38 CrSatisfied
26 Sep 2008Andhra Bank₹15 CrSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Suncorp Information Technologies Private Limited

Employment history and EPFO contributions of people linked to Suncorp Information Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Suncorp Information Technologies Private Limited

Suncorp Information Technologies Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Vajra Nagesh was appointed as Director on 11 May 2018.

Charges
A charge registered on 08 Jan 2018 via Charge ID 100193276 with Others was fully satisfied on 30 Oct 2024.
AGM
Suncorp Information Technologies Private Limited last Annual general meeting of members was held on 01 Oct 2022 as per latest MCA records.
Filing
Suncorp Information Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Vajra Nagesh was appointed as Director.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100193276 was registered on 08 Jan 2018.
Charges
A charge registered on 02 Jun 2010 via Charge ID 10234988 with Indian Overseas Bank was fully satisfied on 16 Nov 2012.
Charges
A charge registered on 26 Sep 2008 via Charge ID 10127343 with Andhra Bank was fully satisfied on 30 Apr 2012.
Charges
A charge with Indian Overseas Bank amounted to Rs. 9.38 Cr with Charge ID 10234988 was registered on 02 Jun 2010.
Ceased
Anita Balasubramaniam ceased to be Director.
Ceased
Balasubramanyam ceased to be Director.
Charges
A charge with Andhra Bank amounted to Rs. 15.00 Cr with Charge ID 10127343 was registered on 26 Sep 2008.
Appointed
Arjun Balasubramanyam was appointed as Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Suncorp Information Technologies Private Limited

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MSME Payment Delays by Suncorp Information Technologies Private Limited

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Subsidiaries & Group Companies of Suncorp Information Technologies Private Limited

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GST Compliance of Suncorp Information Technologies Private Limited

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MCA Filings & Documents of Suncorp Information Technologies Private Limited

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Frequently Asked Questions about Suncorp Information Technologies Private Limited

Suncorp Information Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 June 2004 (22+ years old) and is registered under CIN U72200KA2004PTC034141.

Suncorp Information Technologies reported revenue of ₹60,200 for FY 2019 (up 6% YoY).

Suncorp Information Technologies has 3 current directors:

Suncorp Information Technologies reported a net profit of ₹10,200 (net margin 16.9%) and EBITDA of ₹10,200 (EBITDA margin 16.9%) for FY 2019, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Suncorp Information Technologies is 12% over three years and -73% over five years. In the latest year (FY 2019) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Suncorp Information Technologies is U72200KA2004PTC034141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Suncorp Information Technologies has 2 court cases on record. Most are in the high courts.

Suncorp Information Technologies was incorporated on 16 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Suncorp Information Technologies by revenue are Dreamvessels Technology Private Limited, Sonia Lodgings and Hospitality Private Limited, Evrcare Services India Private Limited, Guddu Hotels and Travels Pvt Ltd, Vyanjan Hotels Private Limited and 5 more, all in the Consumer Services industry (Hotels, IT Consulting and Services).

Vajra Nagesh was appointed as Director on 11 May 2018. Anita Balasubramaniam ceased to be Director on 31 Mar 2010. Balasubramanyam ceased to be Director on 31 Mar 2010. Suncorp Information Technologies has 5 board changes on record in total.

The registered office of Suncorp Information Technologies is at No.42 2nd Stage 3rd Cross Industrial Suburb Yeshwanthpur, Bangalore, Karnataka, India – 560022.

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