Apps Business It Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.78 M
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 181.64%
- Profit Growth 412.97%
- Ebitda 188.69%
- Net Worth 28.15%
- Total Assets 50.41%
About Apps Business It Solutions
Apps Business It Solutions Private Limited (ABISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2007 and has a history of 17 years and nine months. Its registered office is in Chennai, Tamil Nadu, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹6.78 M. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Meenakshi Gurumurthy, Shivakumar Gurumurthy, and Kamakodi Sridhar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U01403TN2007PTC063095
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Company No.
063095
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Apr 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Apps Business It Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meenakshi Gurumurthy
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Director | 13-Apr-2007 | Current |
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Shivakumar Gurumurthy
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Director | 13-Apr-2007 | Current |
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Kamakodi Sridhar
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Director | 13-Jun-2018 | Current |
Financial Performance of Apps Business It Solutions.
Apps Business It Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 181.64% increase. The company also saw a substantial improvement in profitability, with a 412.97% increase in profit. The company's net worth Soared by an impressive increase of 28.15%.
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What is the Ownership and Shareholding Structure of Apps Business It Solutions?
In 2022, Apps Business It Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Uni Card Technologies Private LimitedKamakodi Sridhar is a mutual person
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Virran Tech Solutions Private LimitedKamakodi Sridhar is a mutual person
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Aarsree Developers LlpMeenakshi Gurumurthy is a mutual person
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Bumax Properties Llp
Shivakumar Gurumurthy is a mutual person
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Rigel Solar And Infra Llp
Shivakumar Gurumurthy is a mutual person
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Shiva Infosol Consultancy Services Llp
Shivakumar Gurumurthy and Kamakodi Sridhar are mutual person
Charges (Loans)
₹0.68 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 0.43 Cr
- Hdfc Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2024 | Bank Of India | ₹0.50 M | Open |
| 16 May 2024 | Bank Of India | ₹0.50 M | Open |
| 22 Feb 2024 | Hdfc Bank Limited | ₹2.50 M | Open |
| 23 Aug 2023 | Bank Of India | ₹3.28 M | Open |
| 13 Nov 2013 | Punjab National Bank | ₹3.00 Cr | Satisfied |
How Many Employees Work at Apps Business It Solutions?
Apps Business It Solutions has a workforce of 29 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Apps Business It 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 Apps Business It Solutions's trajectory.
Rating
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
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.
