About Taksheel Solutions Limited
Data last updated:
Taksheel Solutions Limited was a public limited company based in Hyderabad, Telangana, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 September 1999.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG1999PLC032556. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.85 Cr. It was formerly known as Taksheel Solutions Private Limited. It was led by directors including Pavan Kumar Kuchana (Managing Director) and Narender Sirumalla.
Its last annual general meeting (AGM) was held on 26 March 2018, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 8 – 3 – 833/22(Plot No.22) Phase I Kamalapuri Colony, Hyderabad, Telangana, India – 500073.
As per MCA filings, the company had open charges of ₹8.5 Cr and satisfied charges of ₹6 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 3 cases are pending. The company has 11 deals on record (10 market trades, 1 ipo); the latest was in April 2013.
The last known website on record is taksheel.com.
Company details
CIN history
Taksheel Solutions has one previous CIN (Corporate Identification Number): U72200AP1999PLC032556. The current CIN is U72200TG1999PLC032556, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG1999PLC032556 | Current |
| U72200AP1999PLC032556 | Previous |
Contact details
Taksheel Solutions Limited's registered office is in Hyderabad, Telangana. Its website is taksheel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 – 3 – 833/22(Plot No.22) Phase I Kamalapuri Colony, Hyderabad, Telangana, India – 500073
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Taksheel Solutions 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 Taksheel Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Taksheel Solutions Limited
FY 2017 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 | |||
To see the full financial statements and ratios of Taksheel Solutions Limited, buy the company report.
Board of directors of Taksheel Solutions Limited
Taksheel Solutions has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narender Sirumalla | Director | 13 Feb 2012 | 14 Years 8 Months | As last reported |
| Ravi Kumar Bijjala Also directs: Terrenos Software Technologies Private Limited | Director | 13 Feb 2012 | 14 Years 8 Months | As last reported |
| Pavan Kumar Kuchana | Managing Director | 25 May 2000 | 26 Years 5 Months | As last reported |
| Gurram Veeranjaneyulu | Additional Director | 12 Dec 2017 | 8 Years 10 Months | As last reported |
| Camala Poorna Anand | Additional Director | 12 Dec 2017 | 8 Years 10 Months | As last reported |
| Gurram Kalyani | Additional Director | 12 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Taksheel Solutions Limited is audited by M M REDDY & Co., for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M REDDY & Co., | FY 2017 | 010371S |
Shareholding
The shareholding of Taksheel Solutions Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Taksheel Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2010 | 10254308 | Idbi Bank Limited | ₹8.5 Cr | Open | |
| 01 Aug 2006 | 10017962 | Uti Bank Limited | ₹3 Cr | Satisfied | |
| 06 Jan 2001 | 90129923 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Taksheel Solutions Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Taksheel Solutions Limited has 11 deals on record (10 market trades, 1 ipo); the latest was in April 2013.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2013 | Market trade | ₹19.5 Lakh | Buyer: an individual Seller: Vedant Commodeal Private Limited , an individual |
| Dec 2012 | Market trade | ₹24.3 Lakh | Seller: Park Habitats Private Limited |
| Dec 2012 | Market trade | ₹75 Lakh | Buyer: Offerlink Infraprojects Privatelimited, an individual Seller: Park Habitats Private Limited , Offerlink Infraprojects Privatelimited |
| Oct 2011 | Market trade | ₹45.5 Lakh | Buyer: Vora Financial Services Private Limited Seller: Vora Financial Services Private Limited |
| Oct 2011 | Market trade | ₹38.9 Lakh | Seller: Globalworth Securities Limited |
To see the full deal history of Taksheel Solutions Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Taksheel Solutions Limited has 13 court cases on record: 3 filed by Taksheel Solutions, 10 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 2 |
| High courts | 5 | 4 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms. Kotak Mahindra Bank Ltd. | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SEBI SPL CASE) | Filed against the company by Securities and Exchange Board of India ... Complainant | Pending |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by The Income Tax Officer, | Pending |
| District court, Hyderabad Central, Telangana | Criminal miscellaneous application | Filed by the company against The Income Tax Officer | Disposed |
To see the full case history of Taksheel Solutions 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 Taksheel Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Taksheel Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Taksheel Solutions Limited, buy the company report.
Recent activity
Taksheel Solutions Limited has 22 board changes on record since 2000: 8 appointments and 14 cessations. The latest: Camala Poorna Anand was appointed as Additional Director on 12 Dec 2017.
19 earlier events are in the company report.
Frequently asked questions
Taksheel Solutions has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Taksheel Solutions was a public limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 23 September 1999 and is registered under CIN U72200TG1999PLC032556. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Taksheel Solutions was incorporated on 23 September 1999. It is registered with the Registrar of Companies, Hyderabad.
Taksheel Solutions had 8 directors:
- Pavan Kumar Kuchana - Managing Director
- Narender Sirumalla - Director
- Ravi Kumar Bijjala - Director
- Gurram Veeranjaneyulu - Additional Director
- Camala Poorna Anand - Additional Director
- Gurram Kalyani - Additional Director
- Rama Swamy Kuchana - Director
- Kodari Swetha - Additional Director
The CIN (Corporate Identification Number) of Taksheel Solutions is U72200TG1999PLC032556. 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 Taksheel Solutions is at 8 – 3 – 83322Plot No.22 Phase I Kamalapuri Colony, Hyderabad, Telangana, India – 500073.
Taksheel Solutions can be reached through the website taksheel.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Taksheel Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 March 2018. Year-wise statements from 2015 are in the company report.
No. Taksheel Solutions has 1 GST registration on record and it is cancelled or inactive.
Taksheel Solutions operated in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
