MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-04-0017112
Ultimech Services Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹27.57 Lakh
▼ 41% YoY
Net profit · FY 2022
₹3.44 Lakh
Net margin 12.5%
EBITDA · FY 2022
₹3.44 Lakh
EBITDA margin 12.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ultimech Services Private Limited
Data last updated:
Ultimech Services Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ultimech Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018FTC310117. Its GSTIN is 27AACCU2560N1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharath Kumar Garapati and Massimiliano Scarano.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹27.57 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹3.44 Lakh (net margin 12.5%) and EBITDA of ₹3.44 Lakh (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
Ultimech Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-04-0017112). For more details, the company can be reached via its website ultimech.com.
Company details
CIN U74999MH2018FTC310117
Registration Number 310117
Incorporation Date 30 May 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Ultimech Ltd
MSME Classification Micro
Udyam Registration UDYAM-TS-04-0017112
Recognitions & Rankings of Ultimech Services
Contact details
Ultimech Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is ultimech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC/O J.J.Ganatra & Co. A – 2 Vrindavan Umed Ashram Road Off S.V. Rd Borivali W, Est, Mumbai, Maharashtra, India – 400092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ultimech Services Private Limited, buy the company report.
Comprehensive company report
Ultimech Services Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Ultimech Services 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 Ultimech Services Private Limited, buy the company report.
Financials of Ultimech Services Private Limited
FY 2022 filings availableUltimech Services Private Limited reported revenue of ₹27.57 Lakh (down 41% YoY) for FY 2022.
Revenue · FY 2022
₹27.57 Lakh ▼ 41%
Net profit · FY 2022
₹3.44 Lakh margin 12.5%
EBITDA · FY 2022
₹3.44 Lakh margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▲ 33%
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 41% fall in the latest year. EBITDA fell 49% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.44 Lakh | |||
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| Net Profit (PAT) | ₹3.44 Lakh | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | 12.5% | |||
| Net Profit Margin | 12.5% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Ultimech Services Private Limited, buy the company report.
Board of directors of Ultimech Services Private Limited
Ultimech Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharath Kumar Garapati | Director | 21 Jul 2021 | 5 Years 3 Months | Current |
| Massimiliano Scarano | Director | 30 May 2018 | 8 Years 4 Months | Current |
Auditor
Ultimech Services Private Limited is audited by J J GANATRA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J J GANATRA & ASSOCIATES | FY 2019 | 126430W |
Shareholding
The shareholding of Ultimech Services Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ultimech Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ultimech Services Private 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 Ultimech Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ultimech Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCU2560N1Z0 | Maharashtra | Active | 05 Sep 2018 |
To see the full GST registrations and return filing status of Ultimech Services Private Limited, buy the company report.
Recent activity
Ultimech Services Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Bharath Kumar Garapati was appointed as Director on 21 Jul 2021.
AGM
Ultimech Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Ultimech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Appointed
Bharath Kumar Garapati was appointed as Director.
Ceased
Jayesh Kishorkumar Mandalia ceased to be Additional Director.
Ceased
Nikhil Vikas Vaidya ceased to be Director.
Appointed
Massimiliano Scarano was appointed as Director.
Incorporation
30 May 2018
Ultimech Services Private Limited was registered on 30 May 2018 with Roc Mumbai I & aged 8 years 4 months as per MCA records.
Frequently asked questions
Ultimech Services is an active foreign private 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 30 May 2018 (8+ years old) and is registered under CIN U74999MH2018FTC310117.
Ultimech Services has 2 current directors:
- Bharath Kumar Garapati - Director
- Massimiliano Scarano - Director
The latest financial statements of Ultimech Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ultimech Services is 27AACCU2560N1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ultimech Services is U74999MH2018FTC310117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultimech Services was incorporated on 30 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharath Kumar Garapati was appointed as Director on 21 Jul 2021. Jayesh Kishorkumar Mandalia ceased to be Additional Director on 21 Jul 2021. Nikhil Vikas Vaidya ceased to be Director on 18 Oct 2018. Ultimech Services has 4 board changes on record in total.
Yes, Ultimech Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-04-0017112).
Ultimech Services can be reached through the website ultimech.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ultimech Services is at CO J.J.Ganatra & Co. A – 2 Vrindavan Umed Ashram Road Off S.V. Rd Borivali W, Est, Mumbai, Maharashtra, India – 400092.