About Tekafforde Solutions Private Limited
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Tekafforde Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 17 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC080955. Its GSTIN is 29AAFCT4065Q1ZK (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Anitha and Venkitasamy Velumani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No 10 5th Cross Block – 2 Akshaya Nagar Ramamurthynagar, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.69 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹6.21 Lakh (net margin -64.1%) and EBITDA of -₹5.21 Lakh (EBITDA margin -53.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TekAfforde. As per MCA filings, the company has open charges of ₹10.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tekafforde.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 10 5th Cross Block – 2 Akshaya Nagar Ramamurthynagar, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, Software Development & Support Services, IT Consulting & Support Services, Enterprise Resource Planning (ERP) Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Tekafforde Solutions Private Limited
Tekafforde Solutions operates one associated brand: TekAfforde. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform providing ERP software and solutions for multiple industries. | tekafforde.com |
Competitors & Alternatives of Tekafforde Solutions Private Limited
Brands and companies operating in the same space as Tekafforde Solutions Private Limited include Workday, Visma, Deltek and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Workday | Cloud-based HR and financial software is delivered to enterprises. | Pleasanton, United States | 2005 |
 Visma | Cloud-based ERP software is provided for business management across segments. | Oslo, Norway | 1996 |
 Deltek | Cloud-based ERP software is provided for project-driven organizations. | Herndon, United States | 1983 |
 Infor | Cloud-based ERP software is offered for multiple industries. | New York, United States | 2002 |
 NetSuite | Cloud-based ERP software is delivered for multiple industries. | Redwood City, United States | 1998 |
 Oracle | Hybrid cloud infrastructure solutions are delivered for business management. | Austin, United States | 1977 |
 SAP | Cloud and AI-based ERP software is offered for enterprises. | Walldorf, Germany | 1972 |
 TOTVS | ERP solutions are provided for managing operations across industries. | Sao Paulo, Brazil | 1983 |
 Aptean | Cloud-based ERP software is delivered for diverse industries. | Alpharetta, United States | 2012 |
 i3 Verticals | Payment processing solutions are provided for diverse business verticals. | Nashville, United States | 2012 |
Business Activity of Tekafforde Solutions Private Limited
The main business activity of Tekafforde Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Tekafforde Solutions Private Limited
Tekafforde Solutions Private Limited is audited by Raiyaan Shingati & Associates for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Raiyaan Shingati & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tekafforde Solutions Private Limited
Tekafforde 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 |
|---|---|---|---|---|
| Anitha Also directs: Oodatek Private Limited | Director | 17 Jun 2015 | 11 Years 3 Months | Current |
| Venkitasamy Velumani | Director | 15 Jan 2017 | 9 Years 8 Months | Current |
Financials of Tekafforde Solutions Private Limited FY 2019 filings available
Tekafforde Solutions Private Limited reported revenue of ₹9.69 Lakh (up 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Tekafforde Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 10% growth in the latest year. EBITDA fell 66% 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 of Tekafforde Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.69 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.21 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.21 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 | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Tekafforde Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -53.7% | •••• | •••• | •••• |
| Net Profit Margin | -64.1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tekafforde Solutions are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Tekafforde Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tekafforde Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2023 | Hdfc Bank Limited | ₹10.8 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Tekafforde Solutions Private Limited
Employment history and EPFO contributions of people linked to Tekafforde Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Tekafforde Solutions Private Limited
Tekafforde Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT4065Q1ZK | Karnataka | Active | 18 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Tekafforde Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tekafforde Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tekafforde Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tekafforde Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Tekafforde Solutions Private Limited
Frequently Asked Questions about Tekafforde Solutions Private Limited
Tekafforde Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 17 June 2015 (11+ years old) and is registered under CIN U72200KA2015PTC080955.
Tekafforde Solutions reported revenue of ₹9.69 Lakh for FY 2019 (up 10% YoY).
Tekafforde Solutions has 2 current directors:
- Anitha - Director
- Venkitasamy Velumani - Director
Tekafforde Solutions reported a net loss of ₹6.21 Lakh (net margin -64.1%) and EBITDA of -₹5.21 Lakh (EBITDA margin -53.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tekafforde Solutions is 2% over three years. In the latest year (FY 2019) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tekafforde Solutions is 29AAFCT4065Q1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Tekafforde Solutions is U72200KA2015PTC080955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tekafforde Solutions was incorporated on 17 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Tekafforde Solutions can be reached through the website tekafforde.com. Its registered office is in Bangalore, Karnataka, India.