Add Technologies (India) Limited

Provides ATP services and GPS safety products to various states.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Add Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.13 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 33.93 Cr
  • Revenue Growth -2.82%
  • Profit Growth -450.17%
  • Ebitda -78.41%
  • Net Worth -8.31%
  • Total Assets -40.23%

About Add Technologies (India)

Add Technologies (India) Limited (ATIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 November 1995 and has a history of 29 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Subhash Utility Management Services Limited. The Company is engaged in the Financial Services 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 8.00 Cr and a paid-up capital of Rs 7.13 Cr.

The company has closed loans amounting to ₹33.93 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Deepak Sethi, Anil Sethi, and Pukhraj Jain 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

    U31909KA1995PLC019162

  • Company No.

    019162

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 1995

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

What products or services does Add Technologies (India) Limited offer?

Add Technologies (India) Limited offers a wide range of products and services, including Car & Vehicle GPS Devices, GPS Tracker for Car, Personal Tracker, Security Safes, Metal Cash Boxes, GPS Watches, GPS Tracking Device, Laptops, PC, Mainframes & Computers, Kiosk Systems, GPS and Navigation Devices.

Who are the key members and board of directors at Add Technologies (India)?

Board Members (3)

Name Designation Appointment Date Status
Anil Sethi Country flag representing In Director 04-Jan-2007 Current
Deepak Sethi Country flag representing In Director 10-May-2010 Current
Pukhraj Jain Country flag representing In Director 31-Dec-2022 Current

Financial Performance of Add Technologies (India).

Add Technologies (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.82% decrease. The company also saw a substantial fall in profitability, with a 450.17% decrease in profit. The company's net worth dipped by a decrease of 8.31%.

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
-2.82%
Revenue from Operations
-9.86%
Total Assets
-40.23%
Profit or Loss
-450.17%
Net Worth
-8.31%
EBITDA
-78.41%

What is the Ownership and Shareholding Structure of Add Technologies (India)?

In 2023, Add Technologies (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹33.93 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 18.98 Cr
  • Others : 14.00 Cr
  • Syndicate Bank : 0.95 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2016 Syndicate Bank ₹9.50 M Satisfied
23 Nov 2012 Others ₹14.00 Cr Satisfied
07 Jul 2010 Idbi Bank Limited ₹1.80 Cr Satisfied
09 Mar 2010 Idbi Bank Limited ₹1.43 Cr Satisfied
27 Aug 2009 Idbi Bank Limited ₹8.50 Cr Satisfied

How Many Employees Work at Add Technologies (India)?

Add Technologies (India) has a workforce of 109 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Add Technologies (India), 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 Add Technologies (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Add Technologies (India)

Recent activity within the organization

  • Annual General Meeting

    Add Technologies (India) Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Add Technologies (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 23 Nov 2012 via Charge ID 10392384 with Others was fully satisfied on 21 Feb 2024.

    21 Feb 2024

  • Director Appointment

    Pukhraj Jain was appointed as a Director was appointed as a Director on 31 Dec 2022 & has been associated with this company since 2 years 1 month .

    31 Dec 2022

  • Charges

    A charge registered on 27 Aug 2009 via Charge ID 10176503 with Idbi Bank Limited was fully satisfied on 13 Jun 2022.

    13 Jun 2022

  • Charges

    A charge with Others of Rs. 14.00 Cr registered on 23 Nov 2012 with Charge ID 10392384 was modified on 23 Apr 2019.

    23 Apr 2019

Frequently asked questions

  • Add Technologies (India) Limited was incorporated on 14 Nov 1995.

  • The authorized share capital of Add Technologies (India) Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.13 Cr.

  • Currently 3 directors are associated with Add Technologies (India) Limited.

    • Deepak Sethi
    • Anil Kumar Sethi
    • Pukhraj Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Add Technologies (India) Limited is Golden Enclave Corporate Block Tower C 3Rd Floor, Hal Old Airport Road India, Bangalore North, Karnataka, 560017.

  • The corporate identification number (CIN) of Add Technologies (India) Limited is U31909KA1995PLC019162 and the company number is 019162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Add Technologies (India) Limited is https://www.addtech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Add Technologies (India) Limited has fallen by -2.82%.

  • As Per 2023 financial reports, 109 employees are currently employed by Add Technologies (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Add Technologies (India) Limited has experienced an downturn of -8.31%.

  • The most recent Balance Sheet for Add Technologies (India) Limited was filed with the ROC on 31 Mar 2024.

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