About Sureline Systems India Private Limited
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Sureline Systems India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Sureline Systems Inc., California , Usa. 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 September 2011.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2011FTC140703. Its GSTIN is 27AAQCS6610K1ZV (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ravender Goyal and Poonam Goyal.
Its last annual general meeting (AGM) was held on 21 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Office No. B/38 Third Floor Aamod Apartment Fc Road Shivaji Nagar, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.05 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹2.09 Cr (net margin -199.8%) and EBITDA of -₹2.09 Cr (EBITDA margin -200%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 23% over five years.
The company had about 25 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Sureline Systems. The company has 1 deal on record (1 acquisition); the latest was in May 2021.
The last known website on record is surelinesystems.com.
Company details
Contact details
Sureline Systems India Private Limited's registered office is in Pune, Maharashtra. Its website is surelinesystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. B/38 Third Floor Aamod Apartment Fc Road Shivaji Nagar, Pune, Maharashtra, India – 411016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sureline Systems India 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
Brands
Sureline Systems India operates one associated brand: Sureline Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud migration and disaster recovery solutions for enterprises are provided. | surelinesystems.com |
Financials of Sureline Systems India Private Limited
FY 2023 filings availableSureline Systems India Private Limited reported revenue of ₹1.05 Cr (down 84% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 84% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.09 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -200% | ||||
| Net Profit Margin | -199.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Sureline Systems India Private Limited, buy the company report.
Board of directors of Sureline Systems India Private Limited
Sureline Systems India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravender Goyal | Director | 09 Sep 2011 | 15 Years 1 Months | As last reported |
| Poonam Goyal | Director | 13 Jan 2012 | 14 Years 9 Months | As last reported |
| Kuldeep Sureshrao Nagarkar | Director | 02 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Sureline Systems India Private Limited is audited by SHRIPAD GODBOLE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIPAD GODBOLE & ASSOCIATES | FY 2019 | 124048W |
Shareholding
The shareholding of Sureline Systems India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sureline Systems India Private Limited, buy the company report.
Deals & funding
Sureline Systems India Private Limited has 1 deal on record (1 acquisition); the latest was in May 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2021 | Acquisition | Undisclosed | Buyer: Persistent Systems Limited Seller: Sureline Systems India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sureline Systems India 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 Sureline Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sureline Systems India Private Limited has a workforce of 25 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Sureline Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS6610K1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sureline Systems India Private Limited, buy the company report.
Recent activity
Sureline Systems India Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Kuldeep Sureshrao Nagarkar ceased to be Additional Director on 18 Jul 2016.
Frequently asked questions
Sureline Systems India 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.
Sureline Systems India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 09 September 2011 and is registered under CIN U72200PN2011FTC140703. The company has been struck off by the Registrar of Companies and is no longer operational.
Sureline Systems India had 3 directors:
- Ravender Goyal - Director
- Poonam Goyal - Director
- Kuldeep Sureshrao Nagarkar - Director
The CIN (Corporate Identification Number) of Sureline Systems India is U72200PN2011FTC140703. 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 Sureline Systems India is at Office No. B38 Third Floor Aamod Apartment Fc Road Shivaji Nagar, Pune, Maharashtra, India – 411016.
Sureline Systems India was incorporated on 09 September 2011. It is registered with the Registrar of Companies, Pune.
Sureline Systems India can be reached through the website surelinesystems.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Sureline Systems India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 21 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sureline Systems India is 27AAQCS6610K1ZV, registered in Maharashtra.
Sureline Systems India operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
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