About Visdom IT Consulting Private Limited
Data last updated:
Visdom IT Consulting Private Limited is a private limited company based in Bangalore, Karnataka, 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 consultancy services segment of the technology and IT services sector. It was incorporated on 12 August 2009.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC050617. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Varadarajan Sundararajan and Visvanathan Ganesan.
Its last annual general meeting (AGM) was held on 31 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 1032 Sobha Tulip 24th Main J P Nagar VI Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.53 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Lakh (net margin -37.5%) and EBITDA of ₹1.97 Lakh (EBITDA margin 55.7%).
The last known website on record is visdomitconsulting.com.
Company details
Contact details
Visdom IT Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is visdomitconsulting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1032 Sobha Tulip 24th Main J P Nagar VI Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Visdom IT Consulting 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
Business activity
The main business activity of Visdom IT Consulting is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Visdom IT Consulting Private Limited
FY 2017 filings availableVisdom IT Consulting Private Limited reported revenue of ₹3.53 Lakh (down 68% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year. EBITDA rose 133% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.53 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.32 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 55.7% | ||
| Net Profit Margin | -37.5% | ||
| 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 Visdom IT Consulting Private Limited, buy the company report.
Board of directors of Visdom IT Consulting Private Limited
Visdom IT Consulting has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varadarajan Sundararajan Also directs: Zolata Apparels Private Limited, Chaterp Private Limited, Manatoko India Private Limited and 4 more | Director | 12 Aug 2013 | 13 Years 2 Months | As last reported |
| Visvanathan Ganesan | Director | 12 Aug 2009 | 17 Years 2 Months | As last reported |
| Gopalakrishnan Tyagarajan | Director | 12 Aug 2009 | 17 Years 2 Months | As last reported |
Peer comparison
Visdom IT Consulting Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arkinnet Software Private Limited | ₹3.54 Lakh (FY 2019) | 3730.0% | Mumbai, Maharashtra, India | |||
| Autovity IT Solutions Private Limited | ₹3.54 Lakh (FY 2019) | Hyderabad, Telangana, India | ||||
| Aditama Constrart Private Limited | ₹3.54 Lakh (FY 2024) | Varanasi, Uttar Pradesh, India | ||||
| Trans Appdata Technologies Private Limited | ₹3.54 Lakh (FY 2024) | -90.0% | Hyderabad, Telangana, India | |||
| Visdom IT Consulting Private Limitedthis company | ₹3.53 Lakh (FY 2017) | -₹1.32 Lakh | -37.5% | -68.0% | Bangalore, Karnataka, India | |
| Got Duty Free Private Limited | ₹3.53 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Techboy Solutions Private Limited | ₹3.53 Lakh (FY 2024) | 13.0% | Hyderabad, Telangana, India | |||
| Bhuma Management Consultancy Private Limited | ₹3.52 Lakh (FY 2016) | -92.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Visdom IT Consulting Private Limited, buy the company report.
Auditor
Visdom IT Consulting Private Limited is audited by ADITHYA AND VISHWAS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADITHYA AND VISHWAS | FY 2017 | 008943S |
Shareholding
The shareholding of Visdom IT Consulting Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Visdom IT Consulting Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Visdom IT Consulting 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 Visdom IT Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visdom IT Consulting has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Visdom IT Consulting Private Limited, buy the company report.
Recent activity
Visdom IT Consulting Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Varadarajan Sundararajan was appointed as Director on 12 Aug 2013.
Frequently asked questions
Visdom IT Consulting 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.
Visdom IT Consulting is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in consultancy, within the information technology industry. It was incorporated on 12 August 2009 and is registered under CIN U72200KA2009PTC050617. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Visdom IT Consulting has 3 current directors:
- Varadarajan Sundararajan - Director
- Visvanathan Ganesan - Director
- Gopalakrishnan Tyagarajan - Director
The latest financial statements of Visdom IT Consulting on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 31 August 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Visdom IT Consulting is U72200KA2009PTC050617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visdom IT Consulting was incorporated on 12 August 2009. It is registered with the Registrar of Companies, Bangalore.
The peers of Visdom IT Consulting by revenue are Arkinnet Software Private Limited, Autovity IT Solutions Private Limited, Aditama Constrart Private Limited, Trans Appdata Technologies Private Limited, Got Duty Free Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Varadarajan Sundararajan was appointed as Director on 12 Aug 2013. Gopalakrishnan Tyagarajan was appointed as Director on 12 Aug 2009. Visvanathan Ganesan was appointed as Director on 12 Aug 2009.
Visdom IT Consulting can be reached through the website visdomitconsulting.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Visdom IT Consulting is at 1032 Sobha Tulip 24th Main J P Nagar VI Phase, Bangalore, Karnataka, India – 560078.
No. Visdom IT Consulting has 1 GST registration on record and it is cancelled or inactive.
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