Techergo Solutions Limited
About Techergo Solutions Limited
Data last updated:
Techergo Solutions Limited was a public limited company based in Mumbai, Maharashtra, 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 October 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PLC129338. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Dilip Vadilal Gandhi and Rajesh Ramanlal Dave.
Its last annual general meeting (AGM) was held on 21 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1st Floor Mafatlal Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹18,138, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹58,305 (net margin -321.5%) and EBITDA of -₹58,305 (EBITDA margin -321.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 62% over five years.
Company details
CIN history
Techergo Solutions has one previous CIN (Corporate Identification Number): L72200MH2000PLC129338. The current CIN is U72200MH2000PLC129338, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2000PLC129338 | Current |
| L72200MH2000PLC129338 | Previous |
Contact details
Techergo Solutions Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Mafatlal Centre Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techergo 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
Financials of Techergo Solutions Limited
FY 2020 filings availableTechergo Solutions Limited reported revenue of ₹18,138 (down 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 6% fall in the latest year. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹58,305 | ||||
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| Net Profit (PAT) | -₹58,305 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -321.5% | ||||
| Net Profit Margin | -321.5% | ||||
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To see the full financial statements and ratios of Techergo Solutions Limited, buy the company report.
Board of directors of Techergo Solutions Limited
Techergo Solutions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Vadilal Gandhi | Director | 06 Aug 2004 | 22 Years 2 Months | As last reported |
| Rajesh Ramanlal Dave Also directs: Vap Agricultural Products (Bombay) Pvt Ltd, Tridiva Ventures Private Limited, Adenium Ventures Private Limited and 5 more | Director | 22 Dec 2015 | 10 Years 10 Months | As last reported |
| Madhav Manohar Kshirsagar | Director | 26 Apr 2018 | 8 Years 5 Months | As last reported |
Peer comparison
Techergo Solutions Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| U.D. Polyproducts Private Limited | ₹21,326 (FY 2021) | -64.0% | Karnataka, India | |||
| Roshnara Investment and Trading Company Private Limited | ₹20,710 (FY 2025) | 537.0% | Mumbai, Maharashtra, India | |||
| Prasana Commodities Private Limited | ₹19,700 (FY 2020) | 4.0% | Kolkata, West Bengal, India | |||
| D Curve Capital & Investments Private Limited | ₹19,441 (FY 2024) | -24.0% | Bangalore, Karnataka, India | |||
| Brown Investment&Trading Co Pvt Ltd | ₹18,221 (FY 2024) | -51.0% | Mumbai, Maharashtra, India | |||
| Techergo Solutions Limitedthis company | ₹18,138 (FY 2020) | -₹58,305 | -321.5% | -6.0% | Mumbai, Maharashtra, India | |
| Morarka Trading Private Limited | ₹18,060 (FY 2025) | -69.0% | Mumbai, Maharashtra, India | |||
| Befree Private Limited | ₹16,401 (FY 2022) | -88.0% | Gandhinagar, Gujarat, India | |||
| Topman Investrade Private Limited | ₹15,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Anchor Invest-Aids Private Limited | ₹15,000 (FY 2019) | -50.0% | Bangalore, Karnataka, India | |||
| Swiss Highrise Private Limited | ₹13,500 (FY 2025) | -10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Techergo Solutions Limited, buy the company report.
Auditor
Techergo Solutions Limited is audited by A H DESAI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A H DESAI & ASSOCIATES | FY 2016 | 102282W |
Shareholding
The shareholding of Techergo Solutions Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Techergo Solutions Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techergo Solutions 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 Techergo Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techergo 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 Techergo Solutions Limited, buy the company report.
Recent activity
Techergo Solutions Limited has 10 board changes on record since 2004: 3 appointments and 7 cessations. The latest: Madhav Manohar Kshirsagar ceased to be Additional Director on 29 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Techergo 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.
Techergo Solutions was a public limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 23 October 2000 and is registered under CIN U72200MH2000PLC129338. The company has been struck off by the Registrar of Companies and is no longer operational.
Techergo Solutions had 3 directors:
- Dilip Vadilal Gandhi - Director
- Rajesh Ramanlal Dave - Director
- Madhav Manohar Kshirsagar - Director
The CIN (Corporate Identification Number) of Techergo Solutions is U72200MH2000PLC129338. 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 Techergo Solutions is at 1st Floor Mafatlal Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
Techergo Solutions was incorporated on 23 October 2000. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Techergo Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 September 2020. Year-wise statements from 2015 are in the company report.
No. Techergo Solutions has 1 GST registration on record and it is cancelled or inactive.
Techergo Solutions operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
The peers of Techergo Solutions by revenue are U.D. Polyproducts Private Limited, Roshnara Investment and Trading Company Private Limited, Prasana Commodities Private Limited, D Curve Capital & Investments Private Limited, Brown Investment&Trading Co Pvt Ltd and 5 more, all in the BFSI industry (Investment Banking).
Madhav Manohar Kshirsagar ceased to be Additional Director on 29 Sep 2018. Nireshkumar Shah Navnitlal ceased to be Director on 26 Jun 2018. Madhav Manohar Kshirsagar was appointed as Director on 26 Apr 2018. Techergo Solutions has 10 board changes on record in total.