About Tutis Technologies Limited
Data last updated:
Tutis Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 September 1991.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L30007MH1991PLC063382. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹16.75 Cr. It is led by directors including Aniket Madhav Jathar (Whole-Time Director) and Dilip Chandulal Parekh.
Its last annual general meeting (AGM) was held on 28 December 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at Unit No.609 6th Floor Srishti Plaza Off. Saki Vihar Road Andheri (East), Mumbai, Maharashtra, India – 400072.
As per MCA filings, the company has open charges of ₹39.11 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending. The company has 132 deals on record (132 market trades); the latest was in November 2013.
The last known website on record is tutistech.com.
Company details
CIN history
Tutis Technologies has one previous CIN (Corporate Identification Number): L30007MH1991PTC063382. The current CIN is L30007MH1991PLC063382, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L30007MH1991PLC063382 | Current |
| L30007MH1991PTC063382 | Previous |
Contact details
Tutis Technologies Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUnit No.609 6th Floor Srishti Plaza Off. Saki Vihar Road Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Tutis Technologies Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Tutis Technologies Limited, buy the company report.
Board of directors of Tutis Technologies Limited
Tutis Technologies has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Chandulal Parekh Also directs: Coral Hub Limited | Director | 30 Jan 2001 | 25 Years 9 Months | As last reported |
| Subramanian Chandrasekhar Gopalsamuduram Also directs: Coral Hub Limited, Fazb Technologies Private Limited, Ambition Clothing Private Limited and 1 more | Director | 16 Aug 1995 | 31 Years 2 Months | As last reported |
| Dattatraya Murari Shirodkar Also directs: Coral Hub Limited | Director | 31 Aug 2004 | 22 Years 2 Months | As last reported |
| Aniket Madhav Jathar | Whole-Time Director | 10 Jul 1998 | 28 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2010 | 10248939 | Punjab National Bank | ₹6 Cr | Open | |
| 04 Apr 2007 | 10045031 | United Bank of India | ₹50 Lakh | Open | |
| 22 Mar 2006 | 10013124 | United Bank of India | ₹12 Cr | Open | |
| 16 Mar 2006 | 10003309 | United Bank of India | ₹12 Cr | Open | |
| 27 Nov 2005 | 10006496 | Kotak Mahindra Primus Ltd | ₹10.41 Lakh | Open |
To see the full charge records of Tutis Technologies Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Tutis Technologies Limited has 132 deals on record (132 market trades); the latest was in November 2013.
Deals on record (5 of 132)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2013 | Market trade | ₹8.6 Lakh | Buyer: Shri Vardhaman Broking Private Limited Seller: 2 individuals |
| Dec 2012 | Market trade | ₹13.9 Lakh | Buyer: Cosmos Prime Projects Limited Seller: Free India Assurance Services Limited |
| Nov 2012 | Market trade | ₹9.8 Lakh | Buyer: Saurashtra Finstock Private Limited |
| Jan 2012 | Market trade | ₹17.1 Lakh | Seller: Coral Hub Limited |
| Nov 2011 | Market trade | ₹19.4 Lakh | Buyer: Lake City Traders Private Limited |
To see the full deal history of Tutis Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tutis Technologies Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Ab and Co Globle Pvt Ltd Th.Sunil Hariprasad Agarwal | Pending |
| Bombay High Court | Court case (SS) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by an individual | Disposed |
To see the full case history of Tutis Technologies 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 Tutis Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tutis Technologies Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tutis Technologies Limited has 14 board changes on record since 1995: 9 appointments and 5 cessations. The latest: Mitesh Bhupatrai Galani ceased to be Company Secretary on 01 Jan 2012.
14 earlier events are in the company report.
Frequently asked questions
Tutis Technologies 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.
Tutis Technologies is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 September 1991 and is registered under CIN L30007MH1991PLC063382. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tutis Technologies has 4 current directors:
- Aniket Madhav Jathar - Whole-Time Director
- Dilip Chandulal Parekh - Director
- Subramanian Chandrasekhar Gopalsamuduram - Director
- Dattatraya Murari Shirodkar - Director
The latest financial statements of Tutis Technologies on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 December 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Tutis Technologies is L30007MH1991PLC063382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tutis Technologies is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Tutis Technologies has open charges of ₹39.11 Cr and no satisfied charges on record as per latest MCA filings.
Tutis Technologies has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Tutis Technologies was incorporated on 26 September 1991. It is registered with the Registrar of Companies, Mumbai.
Tutis Technologies has 132 deals on record (132 market trades); the latest was in November 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.
