Absotech Solutions Private Limited

Founded in 2018 and headquartered in Karnataka, India.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: January 07, 2025

Absotech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 10.00 K
  • Company Age 7 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -24.34%
  • Ebitda -21.81%
  • Net Worth -47.73%
  • Total Assets %

About Absotech Solutions

Absotech Solutions Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 January 2018 (Seven years 17 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 10.00 K , as per Ministry of Corporate Affairs (MCA) records.

Somnath Mitra, Gregory Ritts, Matias Renaud, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300KA2018PTC109573

  • Company No.

    109573

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Absotech Solutions?

Board Members (4)

Name Designation Appointment Date Status
Somnath Mitra Country flag representing In Director 04-May-2022 Current
Sanjib Prusty Country flag representing In Director 11-May-2022 Current
Gregory Ritts Country flag representing Lu Director 27-Mar-2020 Current
Matias Renaud Country flag representing Lu Director 14-Jul-2020 Current

Financial Performance of Absotech Solutions.

Absotech Solutions Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 24.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
-24.34%
Net Worth
-47.73%
EBITDA
-21.81%

What is the Ownership and Shareholding Structure of Absotech Solutions?

Unlock access to Absotech Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Absotech Solutions?

Unlock and access historical data on people associated with Absotech Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Absotech Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Absotech Solutions's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Absotech Solutions

Recent activity within the organization

  • Annual General Meeting

    Absotech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Absotech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Sanjib Kumar Prusty was appointed as a Director was appointed as a Director on 11 May 2022 & has been associated with this company since 2 years 8 months .

    11 May 2022

  • Director Appointment

    Somnath Mitra was appointed as a Director was appointed as a Director on 04 May 2022 & has been associated with this company since 2 years 9 months .

    04 May 2022

  • Director Appointment

    Matias Emilio Canibe Renaud was appointed as a Director was appointed as a Director on 14 Jul 2020 & has been associated with this company since 4 years 6 months .

    14 Jul 2020

  • Director Appointment

    Gregory James Ritts was appointed as a Director was appointed as a Director on 27 Mar 2020 & has been associated with this company since 4 years 10 months .

    27 Mar 2020

Frequently asked questions

  • Absotech Solutions Private Limited was incorporated on 16 Jan 2018.

  • The authorized share capital of Absotech Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 10.00 K .

  • Currently 4 directors are associated with Absotech Solutions Private Limited.

    • Somnath Mitra
    • Gregory James Ritts
    • Matias Emilio Canibe Renaud
    • Sanjib Kumar Prusty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Absotech Solutions Private Limited is 18 Vasudeva First Floor Kathriguppe Main Road, Banashankari 3Rd Stage India, Bangalore South, Karnataka, 560085.

  • The corporate identification number (CIN) of Absotech Solutions Private Limited is U72300KA2018PTC109573 and the company number is 109573 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Absotech Solutions Private Limited has experienced an downturn of -47.73%.

  • The most recent Balance Sheet for Absotech Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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