About Vizzitec Solutions Private Limited
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Vizzitec Solutions Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2006PTC013014. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹72.82 Lakh. It is led by directors including Venkatesh Padala (Managing Director) and Devarajulu Srinivasan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 1 – 12 Thondamuthur Road Rangasamy Nagar Sundapalayam Post, Coimbatore, Tamil Nadu, India – 641007.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.12 Cr. For the same year it recorded a net profit of ₹2.17 Lakh (net margin 0.7%) and EBITDA of ₹1.52 Cr (EBITDA margin 48.9%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website vizzitec.com.
Company details
Contact details
Vizzitec Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is vizzitec.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1 – 12 Thondamuthur Road Rangasamy Nagar Sundapalayam Post, Coimbatore, Tamil Nadu, India – 641007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vizzitec Solutions 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 Vizzitec Solutions is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Vizzitec Solutions Private Limited, buy the company report.
Financials of Vizzitec Solutions Private Limited
FY 2016 filings availableVizzitec Solutions Private Limited reported revenue of ₹3.12 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.12 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.52 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.17 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 48.9% | |
| Net Profit Margin | 0.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Vizzitec Solutions Private Limited, buy the company report.
Board of directors of Vizzitec Solutions Private Limited
Vizzitec Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarajulu Srinivasan | Whole-Time Director | 01 Jul 2011 | 15 Years 3 Months | Current |
| Venkatesh Padala | Managing Director | 01 Jul 2011 | 15 Years 3 Months | Current |
| Sivakumar | Additional Director | 30 Mar 2017 | 9 Years 6 Months | Current |
Auditor
Vizzitec Solutions Private Limited is audited by Y ALOK SAI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y ALOK SAI & CO | FY 2016 | 014050S |
Shareholding
The shareholding of Vizzitec Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vizzitec Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2013 | 10455812 | Technology Development Board | ₹5.5 Cr | Satisfied |
To see the full charge records of Vizzitec Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vizzitec Solutions Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Court case (SPCS) | Filed against the company by Rakesh Kiritkant Dave for Abc Bearings Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by M/S Technology Development Board | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by Ms Technology Development Board | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by M/S Technology Developement Board | Disposed |
To see the full case history of Vizzitec Solutions Private 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 Vizzitec Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vizzitec Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Vizzitec Solutions has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vizzitec Solutions Private Limited, buy the company report.
Recent activity
Vizzitec Solutions Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Sridharan Sreekanth ceased to be Additional Director on 24 Oct 2017.
Frequently asked questions
Vizzitec Solutions is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 August 2006 (20+ years old) and is registered under CIN U72200TZ2006PTC013014.
Vizzitec Solutions has 3 current directors:
- Venkatesh Padala - Managing Director
- Devarajulu Srinivasan - Whole-Time Director
- Sivakumar - Additional Director
The latest financial statements of Vizzitec Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Vizzitec Solutions has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Vizzitec Solutions is U72200TZ2006PTC013014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vizzitec Solutions has 4 court cases on record: 4 filed against it.
Vizzitec Solutions was incorporated on 23 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sridharan Sreekanth ceased to be Additional Director on 24 Oct 2017. Sivakumar was appointed as Additional Director on 30 Mar 2017. Murugarajendran Subhashree ceased to be Director on 16 Feb 2012. Vizzitec Solutions has 6 board changes on record in total.
Vizzitec Solutions can be reached through the website vizzitec.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Vizzitec Solutions is at 1 – 12 Thondamuthur Road Rangasamy Nagar Sundapalayam Post, Coimbatore, Tamil Nadu, India – 641007.