Tanzanite Silicon Solutions Private Limited
About Tanzanite Silicon Solutions Private Limited
Data last updated:
Tanzanite Silicon Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Tanzanite Silicon Solutions Inc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 25 May 2021.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2021FTC147813. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹80,000. It is led by directors including Bharathi Kanuj and Navin Bishnoi.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.4A & B Gold Nest Wind Tunnel Road, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹60.63 Lakh (net margin 9.1%) and EBITDA of ₹81.45 Lakh (EBITDA margin 12.2%).
The company has about 6 employees on its provident fund (EPFO) records.
Company details
Contact details
Tanzanite Silicon Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.4A & B Gold Nest Wind Tunnel Road, Bangalore, Karnataka, India – 560017
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Tanzanite Silicon Solutions 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
Business activity
The main business activity of Tanzanite Silicon Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Tanzanite Silicon Solutions Private Limited, buy the company report.
Financials of Tanzanite Silicon Solutions Private Limited
FY 2023 filings availableTanzanite Silicon Solutions Private Limited reported revenue of ₹6.68 Cr (up 270% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 270% in the latest year. EBITDA rose 247% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹6.68 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹81.45 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹60.63 Lakh | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.2% | |
| Net Profit Margin | 9.1% | |
| 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 Tanzanite Silicon Solutions Private Limited, buy the company report.
Board of directors of Tanzanite Silicon Solutions Private Limited
Tanzanite Silicon Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharathi Kanuj Also directs: Celestial AI India LLP, Marvell India Private Limited | Director | 20 Sep 2023 | 3 Years 1 Months | As last reported |
| Navin Bishnoi | Director | 20 Sep 2023 | 3 Years 1 Months | As last reported |
| Thirupal Gorige Also directs: Thirupal Gorige & Associates LLP | Irp/Rp/Liquidator | 03 Jul 2024 | 2 Years 3 Months | As last reported |
Auditor
Tanzanite Silicon Solutions Private Limited is audited by Shobha & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shobha & Co. | FY 2023 | 008699S |
Shareholding
The shareholding of Tanzanite Silicon Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tanzanite Silicon Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tanzanite Silicon Solutions 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 Tanzanite Silicon Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tanzanite Silicon Solutions Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Tanzanite Silicon 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 Tanzanite Silicon Solutions Private Limited, buy the company report.
Recent activity
Tanzanite Silicon Solutions Private Limited has 9 board changes on record since 2022: 3 appointments and 6 cessations. The latest: Thirupal Gorige was appointed as Irp/Rp/Liquidator on 03 Jul 2024.
Frequently asked questions
Tanzanite Silicon Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Tanzanite Silicon Solutions is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 25 May 2021 and is registered under CIN U73100KA2021FTC147813. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tanzanite Silicon Solutions has 3 current directors:
- Bharathi Kanuj - Director
- Navin Bishnoi - Director
- Thirupal Gorige - Irp/Rp/Liquidator
The latest financial statements of Tanzanite Silicon Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Tanzanite Silicon Solutions is U73100KA2021FTC147813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tanzanite Silicon Solutions was incorporated on 25 May 2021. It is registered with the Registrar of Companies, Bangalore.
Thirupal Gorige was appointed as Irp/Rp/Liquidator on 03 Jul 2024. Nitin Agrawal ceased to be Director on 16 Oct 2023. Bharathi Kanuj ceased to be Additional Director on 27 Sep 2023. Tanzanite Silicon Solutions has 9 board changes on record in total.
The registered office of Tanzanite Silicon Solutions is at No.4A & B Gold Nest Wind Tunnel Road, Bangalore, Karnataka, India – 560017.
No. Tanzanite Silicon Solutions has 1 GST registration on record and it is cancelled or inactive.
Tanzanite Silicon Solutions operates in the information technology industry, in the semiconductor products and services segment.