Techbasket IT Solutions Private Limited
About Techbasket IT Solutions Private Limited
Data last updated:
Techbasket IT Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India. 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 computer programming segment of the technology and IT services sector. It was incorporated on 24 June 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72400TG2013PTC088570. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Subbarao Dodda and Seshagiri Dodda Rao.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Flat No 406 Swasthik Towers Opp. Hanuman Temple Mothinagar Balanagar, Hyderabad, Telangana, India – 500018.
As per the financials filed for FY 2016, the company reported a revenue of ₹45,000, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh (net margin -357.4%) and EBITDA of -₹1.2 Lakh (EBITDA margin -267.4%).
Company details
CIN history
Techbasket IT Solutions has one previous CIN (Corporate Identification Number): U72400AP2013PTC088570. The current CIN is U72400TG2013PTC088570, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72400TG2013PTC088570 | Current |
| U72400AP2013PTC088570 | Previous |
Contact details
Techbasket IT Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressFlat No 406 Swasthik Towers Opp. Hanuman Temple Mothinagar Balanagar, Hyderabad, Telangana, India – 500018
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Techbasket IT 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 Techbasket IT Solutions Private Limited, buy the company report.
Financials of Techbasket IT Solutions Private Limited
FY 2016 filings availableTechbasket IT Solutions Private Limited reported revenue of ₹45,000 (down 61% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year. EBITDA fell 108% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | -₹1.2 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.61 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -267.4% | |
| Net Profit Margin | -357.4% | |
| 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 Techbasket IT Solutions Private Limited, buy the company report.
Board of directors of Techbasket IT Solutions Private Limited
Techbasket IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbarao Dodda Also directs: Reboot IT Services Private Limited | Director | 10 Feb 2017 | 9 Years 9 Months | As last reported |
| Seshagiri Dodda Rao Also directs: Reboot IT Services Private Limited | Director | 24 Jun 2013 | 13 Years 4 Months | As last reported |
Peer comparison
Techbasket IT Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Madgical Techdom (OPC) Private Limited | ₹45,167 (FY 2025) | -99.0% | Delhi, India | |||
| Alphadroid India Private Limited | ₹45,044 (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Arovent Technologies Private Limited | ₹45,020 (FY 2022) | -94.0% | Delhi, India | |||
| Techbasket IT Solutions Private Limitedthis company | ₹45,000 (FY 2016) | -₹1.61 Lakh | -357.4% | -61.0% | Hyderabad, Telangana, India | |
| Facio Communications Private Limited | ₹45,000 (FY 2022) | New Delhi, Delhi, India | ||||
| Websiti Internet Solutions Private Limited | ₹45,000 (FY 2025) | -71.0% | New Delhi, Delhi, India | |||
| RRVN Soft Technologies Private Limited | ₹45,000 (FY 2025) | 7.0% | Salem, Tamil Nadu, India | |||
| Holycross Dry Fruits and Spices Private Limited | ₹45,000 (FY 2024) | 80.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Techbasket IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techbasket IT 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 Techbasket IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techbasket IT 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 Techbasket IT Solutions Private Limited, buy the company report.
Recent activity
Techbasket IT Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Mahendra Kotana ceased to be Director on 16 Feb 2017.
Frequently asked questions
Techbasket IT Solutions 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.
Techbasket IT Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in computer programming, within the information technology industry. It was incorporated on 24 June 2013 and is registered under CIN U72400TG2013PTC088570. The company has been struck off by the Registrar of Companies and is no longer operational.
Techbasket IT Solutions had 2 directors:
- Subbarao Dodda - Director
- Seshagiri Dodda Rao - Director
The CIN (Corporate Identification Number) of Techbasket IT Solutions is U72400TG2013PTC088570. 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 Techbasket IT Solutions is at Flat No 406 Swasthik Towers Opp. Hanuman Temple Mothinagar Balanagar, Hyderabad, Telangana, India – 500018.
Techbasket IT Solutions was incorporated on 24 June 2013. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Techbasket IT Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
No. Techbasket IT Solutions has 1 GST registration on record and it is cancelled or inactive.
Techbasket IT Solutions operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Techbasket IT Solutions by revenue are Madgical Techdom (OPC) Private Limited, Alphadroid India Private Limited, Arovent Technologies Private Limited, Facio Communications Private Limited, Websiti Internet Solutions Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mahendra Kotana ceased to be Director on 16 Feb 2017. Subbarao Dodda was appointed as Director on 10 Feb 2017. Seshagiri Dodda Rao was appointed as Director on 24 Jun 2013.
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.
