About Tech-Receptives Solutions Private Limited
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Tech-Receptives Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2011PTC064384. Its GSTIN is 24AADCT7834R1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Baldevbhai Keshavlal Patel and Parthivkumar Bababhai Patel.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.1 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹2.57 Lakh (net margin -2.3%) and EBITDA of -₹1.2 Lakh (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company is associated with 2 brands: OpenEduCat and Flectra. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techreceptives.com.
Company details
Contact details
Tech-Receptives Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is techreceptives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor – 402 I Square Nr.Shukan Mall Cross Road Science City R, Oad Sola, Ahmedabad, Gujarat, India – 380060
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Tech-Receptives 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
Brands
Tech-Receptives Solutions operates two associated brands: OpenEduCat and Flectra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as an ERP system tailored for educational institutions. | openeducat.org | |
| Provides open-source CRM and ERP solutions for businesses. | flectrahq.com |
Business activity
The main business activity of Tech-Receptives Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tech-Receptives Solutions Private Limited, buy the company report.
Financials of Tech-Receptives Solutions Private Limited
FY 2021 filings availableTech-Receptives Solutions Private Limited reported revenue of ₹1.1 Cr (up 48% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 138% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.1 Cr | ||||
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| EBITDA | -₹1.2 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Tech-Receptives Solutions Private Limited, buy the company report.
Board of directors of Tech-Receptives Solutions Private Limited
Tech-Receptives Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baldevbhai Keshavlal Patel Also directs: Tech-Receptives Development Private Limited | Director | 22 Sep 2011 | 15 Years 1 Months | Current |
| Parthivkumar Bababhai Patel Also directs: Peepli Partners LLP, Tech-Receptives Development Private Limited, Seventythree Lines Development Private Limited and 1 more | Director | 12 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Tech-Receptives Solutions Private Limited is audited by SUNIL DAD & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL DAD & CO | FY 2021 | 126741W |
Shareholding
The shareholding of Tech-Receptives Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tech-Receptives Solutions Private Limited, buy the company report.
Legal cases
Tech-Receptives Solutions Private Limited has 5 court cases on record: 2 filed by Tech-Receptives Solutions, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Arpuda App Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Arpuda App Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (AO) | Filed against the company by individuals | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by individuals | Disposed |
To see the full case history of Tech-Receptives Solutions Private 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 Tech-Receptives Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tech-Receptives Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT7834R1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tech-Receptives Solutions Private Limited, buy the company report.
Recent activity
Tech-Receptives Solutions Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Sunil Gordhandas Jagyasi ceased to be Director on 19 Apr 2019.
Frequently asked questions
Tech-Receptives Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 March 2011 (15+ years old) and is registered under CIN U72200GJ2011PTC064384.
Tech-Receptives Solutions has 2 current directors:
- Baldevbhai Keshavlal Patel - Director
- Parthivkumar Bababhai Patel - Director
The latest financial statements of Tech-Receptives Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Tech-Receptives Solutions is 24AADCT7834R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Tech-Receptives Solutions is U72200GJ2011PTC064384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech-Receptives Solutions has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Tech-Receptives Solutions was incorporated on 12 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sunil Gordhandas Jagyasi ceased to be Director on 19 Apr 2019. Baldevbhai Keshavlal Patel was appointed as Director on 22 Sep 2011. Kinner Dilipbhai Vachhani ceased to be Director on 04 Aug 2011. Tech-Receptives Solutions has 4 board changes on record in total.
Tech-Receptives Solutions can be reached through the website techreceptives.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Tech-Receptives Solutions is at 4th Floor – 402 I Square Nr.Shukan Mall Cross Road Science City R, Oad Sola, Ahmedabad, Gujarat, India – 380060.