Alterest India Private Limited

Provides software solutions and technical support to banks and financial institutions.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: January 23, 2025

Alterest India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -20.22%
  • Profit Growth -21.19%
  • Ebitda -19.06%
  • Net Worth 39.37%
  • Total Assets 27.04%

About Alterest India

Alterest India Private Limited (AIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 16 October 2019 (Five years and four months 11 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 1.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Gayathri Paramesh and Jeevan Paramashivaiah 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

    U72900KA2019FTC128809

  • Company No.

    128809

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    16 Oct 2019

  • 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 Alterest India?

Board Members (2)

NameDesignationAppointment DateStatus
Gayathri Paramesh Country flag representing In Director 16-Oct-2019Current
Jeevan Paramashivaiah Country flag representing Gb Director 16-Oct-2019Current

Financial Performance of Alterest India.

Alterest India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.22% decrease. The company also saw a substantial fall in profitability, with a 21.19% decrease in profit. The company's net worth Soared by an impressive increase of 39.37%.

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
-20.22%
Revenue from Operations
-20.23%
Total Assets
27.04%
Profit or Loss
-21.19%
Net Worth
39.37%
EBITDA
-19.06%

What is the Ownership and Shareholding Structure of Alterest India?

In 2023, Alterest 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)

Placeholder for charges-related data

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

How Many Employees Work at Alterest India?

Unlock and access historical data on people associated with Alterest India, 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 Alterest 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 Alterest 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 Alterest India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Gayathri Paramesh was appointed as a Director was appointed as a Director on 16 Oct 2019 & has been associated with this company since 5 years 4 months .

    16 Oct 2019

  • Director Appointment

    Jeevan Manchenahally Paramashivaiah was appointed as a Director was appointed as a Director on 16 Oct 2019 & has been associated with this company since 5 years 4 months .

    16 Oct 2019

  • Company Incorporation

    Alterest India Private Limited was registered on 16 Oct 2019 with Roc Bangalore & aged 5 years 4 months as per MCA records.

    16 Oct 2019

Frequently asked questions

  • Alterest India Private Limited was incorporated on 16 Oct 2019.

  • The authorized share capital of Alterest India Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Alterest India Private Limited.

    • Gayathri Paramesh
    • Jeevan Manchenahally Paramashivaiah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Alterest India Private Limited is 91Springboard Business Hub Pvt Ltd 1Flr 45/3 Residency Rd, Gopal Krishna Complex India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Alterest India Private Limited is U72900KA2019FTC128809 and the company number is 128809 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Alterest India Private Limited has fallen by -20.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Alterest India Private Limited has experienced an upsurge of 39.37%.

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