Algoshack Technologies Private Limited

Provides intelligent automation solutions for software testing to various industries including technology, ISVs, and medical devices.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Algoshack Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 7 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.10 Cr
  • Revenue Growth 65.57%
  • Profit Growth 2.84%
  • Ebitda 23.04%
  • Net Worth 85.44%
  • Total Assets 88.43%

About Algoshack Technologies

Algoshack Technologies Private Limited (ATPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 January 2018 (Seven years 21 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 1.10 Cr and a paid-up capital of Rs 1.06 Cr.

The company currently has active open charges totaling ₹2.10 Cr.

Budramane Vadeesha, Meena Raj, Nalini Vadeesha, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2018PTC109453

  • Company No.

    109453

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 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 Algoshack Technologies?

Board Members (4)

Name Designation Appointment Date Status
Budramane Vadeesha Country flag representing In Director 11-Jan-2018 Current
Seshaprasad Grama Country flag representing In Director 26-Nov-2018 Current
Meena Raj Country flag representing Gb Additional Director 02-Apr-2018 Current
Nalini Vadeesha Country flag representing In Director 11-Jan-2018 Current

Financial Performance of Algoshack Technologies.

Algoshack Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.57% increase. The company also saw a slight improvement in profitability, with a 2.84% increase in profit. The company's net worth Soared by an impressive increase of 85.44%.

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
65.57%
Revenue from Operations
65.35%
Total Assets
88.43%
Profit or Loss
2.84%
Net Worth
85.44%
EBITDA
23.04%

What is the Ownership and Shareholding Structure of Algoshack Technologies?

In 2023, Algoshack Technologies had a promoter holding of 92.45% and a public holding of 7.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.10 Cr

Latest Charge Details

Date Lender Amount Status
08 Nov 2023 Hdfc Bank Limited ₹2.10 Cr Open

How Many Employees Work at Algoshack Technologies?

Algoshack Technologies has a workforce of 158 employees as of Mar 31, 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 Algoshack Technologies, 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 Algoshack Technologies'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 Algoshack Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.10 Cr registered on 08 Nov 2023 with Charge ID 100914045 was modified on 13 Sep 2024.

    13 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.10 Cr with Charge ID 100914045 was registered on 08 Nov 2023.

    08 Nov 2023

  • Director Appointment

    Seshaprasad Ramadas Grama was appointed as a Director was appointed as a Director on 26 Nov 2018 & has been associated with this company since 6 years 2 months .

    26 Nov 2018

  • Director Appointment

    Meena Raj was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2018 & has been associated with this company since 6 years 10 months .

    02 Apr 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Algoshack Technologies Private Limited was incorporated on 11 Jan 2018.

  • The authorized share capital of Algoshack Technologies Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.06 Cr.

  • Currently 4 directors are associated with Algoshack Technologies Private Limited.

    • Budramane Vadeesha
    • Meena Raj
    • Nalini Vadeesha
    • Seshaprasad Ramadas Grama
  • As per Ministry of Corporate Affairs (Mca), the registered address of Algoshack Technologies Private Limited is No.82 Sree Krupa 9Th Main 18Th Cross 7Th Sector, Hsr Layout India, Bangalore, Karnataka, 560102.

  • The corporate identification number (CIN) of Algoshack Technologies Private Limited is U72200KA2018PTC109453 and the company number is 109453 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Algoshack Technologies Private Limited is https://www.algoshack.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Algoshack Technologies Private Limited has risen by 65.57%.

  • As Per 2023 financial reports, 158 employees are currently employed by Algoshack Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Algoshack Technologies Private Limited has experienced an upsurge of 85.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Algoshack Technologies Private Limited amount to ₹ 2.10 Cr.

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