Altem Technologies Private Limited

Leading PLM software VAR and 3D printer distributor in India, serving diverse industries with innovative solutions.

2010 | Bangalore, Karnataka (India) | Active
Last Updated: January 15, 2025

Altem Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.42 Cr
  • Satisfied Charges ₹ 11.09 Cr
  • Revenue Growth -26.44%
  • Profit Growth -100.43%
  • Ebitda -32.57%
  • Net Worth -0.60%
  • Total Assets 9.46%

About Altem Technologies

Altem Technologies Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 October 2010 and has a history of 14 years and three months. Its registered office is in Bangalore, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹9.42 Cr. The company has closed loans amounting to ₹11.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prasad Rodagi and Sharath Sreekantha serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2010PTC055455

  • Company No.

    055455

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Altem Technologies Private Limited offer?

Altem Technologies Private Limited offers a wide range of products and services, including 3D Printer & Services, 3D Printer, Machines & Equipments, Industrial Machinery, 3D Prototype Printing Services, Computer and Mobile Softwares & Apps, Data Management Systems, Stratasys 3D Printer, Optical Machine, 3D Laser Scanner.

Who are the key members and board of directors at Altem Technologies?

Board Members (2)

Name Designation Appointment Date Status
Prasad Rodagi Country flag representing In Director 11-Oct-2010 Current
Sharath Sreekantha Country flag representing In Director 11-Oct-2010 Current

Financial Performance of Altem Technologies.

Altem Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.44% decrease. The company also saw a substantial fall in profitability, with a 100.43% decrease in profit. The company's net worth dipped by a decrease of 0.6%.

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
-26.44%
Revenue from Operations
-16.32%
Total Assets
9.46%
Profit or Loss
-100.43%
Net Worth
-0.60%
EBITDA
-32.57%

What is the Ownership and Shareholding Structure of Altem Technologies?

In 2023, Altem Technologies had a promoter holding of 78.50% and a public holding of 21.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.16 M

Satisfied Charges

₹110.90 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.42 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 2024 Hdfc Bank Limited ₹9.42 Cr Open
31 Oct 2022 Yes Bank Limited ₹9.59 Cr Satisfied
29 Mar 2011 Sree Charan Souhardha Co-Operative Bank Ltd ₹1.50 Cr Satisfied

How Many Employees Work at Altem Technologies?

Altem Technologies has a workforce of 65 employees as of Apr 07, 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 Altem 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 Altem 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 Altem Technologies

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 94.16 M with Charge ID 100922712 was registered on 25 Apr 2024.

    25 Apr 2024

  • Charges

    A charge registered on 31 Oct 2022 via Charge ID 100652177 with Yes Bank Limited was fully satisfied on 28 Feb 2024.

    28 Feb 2024

  • Annual General Meeting

    Altem Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Altem Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 95.90 M with Charge ID 100652177 was registered on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge registered on 29 Mar 2011 via Charge ID 10281724 with Sree Charan Souhardha Co-Operative Bank Ltd was fully satisfied on 11 Aug 2011.

    11 Aug 2011

Recent News, Updates & Announcement

Frequently asked questions

  • Altem Technologies Private Limited was incorporated on 11 Oct 2010.

  • The authorized share capital of Altem Technologies Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Altem Technologies Private Limited.

    • Prasad Rodagi
    • Sharath Chandra Sreekantha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altem Technologies Private Limited is No 22 Altem Ecosquare 3Rd Floor 9Th C Main 5Th Block, India, Bangalore South, Karnataka, 560041.

  • The corporate identification number (CIN) of Altem Technologies Private Limited is U74900KA2010PTC055455 and the company number is 055455 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altem Technologies Private Limited is https://www.altem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altem Technologies Private Limited has fallen by -26.44%.

  • As Per 2023 financial reports, 65 employees are currently employed by Altem Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altem Technologies Private Limited has experienced an downturn of -0.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altem Technologies Private Limited amount to ₹ 9.42 Cr.

  • The most recent Balance Sheet for Altem Technologies Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on IT Products Retail & Distribution