About Twelve77 Software Studios Private Limited
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Twelve77 Software Studios Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC057669. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manoj Seshadrinathan and Vishwa Kiran.
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 58 A Eastwood Layout Hakalur Road, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2017, the company reported a revenue of ₹50,666, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹39.91 Lakh and EBITDA of -₹20.67 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 88% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website twelve77.com.
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- TelephoneLocked
- Website
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- Registered AddressNo 58 A Eastwood Layout Hakalur Road, Bangalore, Karnataka, India – 560034
- 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
- One PDF report, delivered after checkout
Business Activity of Twelve77 Software Studios Private Limited
The main business activity of Twelve77 Software Studios is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Twelve77 Software Studios Private Limited FY 2019 filings available
Twelve77 Software Studios Private Limited reported revenue of ₹50,666 (down 98% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Twelve77 Software Studios Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 88% over three years, including a 98% fall 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 Twelve77 Software Studios Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹50,666 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹20.67 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹39.91 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 of Twelve77 Software Studios Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | •••• | •••• | •••• |
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 Twelve77 Software Studios are in the company report.
Financial statements from 2015
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.
Auditor Details of Twelve77 Software Studios Private Limited
Twelve77 Software Studios Private Limited is audited by K Subhash Chandra and Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K Subhash Chandra and Co | 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 Twelve77 Software Studios Private Limited
Twelve77 Software Studios has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Seshadrinathan Also directs: Xejic Technologies Private Limited | Director | 17 Mar 2011 | 15 Years 6 Months | Current |
| Vishwa Kiran Also directs: Trialbreaker Expeditions (OPC) Private Limited | Director | 17 Mar 2011 | 15 Years 6 Months | Current |
Ownership and Shareholding of Twelve77 Software Studios 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 Twelve77 Software Studios Private Limited
Twelve77 Software Studios Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Twelve77 Software Studios Private Limited
Employment history and EPFO contributions of people linked to Twelve77 Software Studios.
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.
Recent Activity on Twelve77 Software Studios Private Limited
Twelve77 Software Studios Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Manoj Seshadrinathan was appointed as Director on 17 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Twelve77 Software Studios 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 Twelve77 Software Studios 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 Twelve77 Software Studios 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.
GST Compliance of Twelve77 Software Studios Private Limited
Twelve77 Software Studios has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
MCA Filings & Documents of Twelve77 Software Studios 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.
Frequently Asked Questions about Twelve77 Software Studios Private Limited
Twelve77 Software Studios is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 March 2011 (15+ years old) and is registered under CIN U72900KA2011PTC057669.
Twelve77 Software Studios reported revenue of ₹50,666 for FY 2017 (down 98% YoY).
Twelve77 Software Studios has 2 current directors:
- Manoj Seshadrinathan - Director
- Vishwa Kiran - Director
Twelve77 Software Studios reported a net loss of ₹39.91 Lakh and EBITDA of -₹20.67 Lakh for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Twelve77 Software Studios is -88% over three years. In the latest year (FY 2017) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
No. Twelve77 Software Studios has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Twelve77 Software Studios is U72900KA2011PTC057669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Twelve77 Software Studios was incorporated on 17 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Manoj Seshadrinathan was appointed as Director on 17 Mar 2011. Vishwa Kiran was appointed as Director on 17 Mar 2011.
Twelve77 Software Studios can be reached through the website twelve77.com. Its registered office is in Bangalore, Karnataka, India.