Apps Business It Solutions Private Limited

IT consulting and software services for various industries, including Oracle e-business suite implementations and ISO certification.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Apps Business It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 18 Year, 1 Day
  • 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 18 years. 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

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01403TN2007PTC063095

  • Company No.

    063095

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Company report

Apps Business It Solutions Private Limited

Explore comprehensive data for Apps Business It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Apps Business It Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Meenakshi Gurumurthy Country flag representing In Director 13-Apr-2007Current
Shivakumar Gurumurthy Country flag representing In Director 13-Apr-2007Current
Kamakodi Sridhar Country flag representing In Director 13-Jun-2018Current

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%.

Apps Business It Solutions revenue growth over time
Apps Business It Solutions 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
181.64%
Revenue from Operations
178.07%
Total Assets
50.41%
Profit or Loss
412.97%
Net Worth
28.15%
EBITDA
188.69%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.68 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.43 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
16 May 2024Bank Of India₹0.50 MOpen
16 May 2024Bank Of India₹0.50 MOpen
22 Feb 2024Hdfc Bank Limited₹2.50 MOpen
23 Aug 2023Bank Of India₹3.28 MOpen
13 Nov 2013Punjab National Bank₹3.00 CrSatisfied

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.

Employee growth trends for Apps Business It Solutions Private Limited

Deals i

Graph showing company valuation over time

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

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 Apps Business It Solutions

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 0.05 Cr with Charge ID 100926738 was registered on 16 May 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.05 Cr with Charge ID 100926742 was registered on 16 May 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100875880 was registered on 22 Feb 2024.

  • Charges

    A charge registered on 13 Nov 2013 via Charge ID 10467479 with Punjab National Bank was fully satisfied on 04 Jan 2024.

  • Annual General Meeting

    Apps Business It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.33 Cr with Charge ID 100780135 was registered on 23 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Apps Business It Solutions Private Limited?

    Apps Business It Solutions Private Limited was incorporated on 13 Apr 2007.

  • What is authorized share capital and paid-up capital of Apps Business It Solutions Private Limited?

    The authorized share capital of Apps Business It Solutions Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Apps Business It Solutions Private Limited?

    Currently 3 directors are associated with Apps Business It Solutions Private Limited.

    • Meenakshi Gurumurthy
    • Shivakumar Gurumurthy
    • Kamakodi Sridhar

  • What is the registered address of Apps Business It Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Apps Business It Solutions Private Limited is No.13 Meenakshi Tower Rajamannar Street, T Nagar India, Chennai, Tamil Nadu, 600017.

  • What is the corporate identification number (CIN) and company number of Apps Business It Solutions Private Limited?

    The corporate identification number (CIN) of Apps Business It Solutions Private Limited is U01403TN2007PTC063095 and the company number is 063095 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Apps Business It Solutions Private Limited?

    The Official website of Apps Business It Solutions Private Limited is https://www.a-bits.com

  • What has been the recent revenue trend for Apps Business It Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Apps Business It Solutions Private Limited has risen by 181.64%.

  • How many employees does Apps Business It Solutions Private Limited currently have?

    As Per 2022 financial reports, 29 employees are currently employed by Apps Business It Solutions Private Limited.

  • What change has been observed in the net worth of Apps Business It Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Apps Business It Solutions Private Limited has experienced an upsurge of 28.15%.

  • What are the total open charges for Apps Business It Solutions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Apps Business It Solutions Private Limited amount to ₹ 6.78 M.

  • When was the last Balance Sheet of Apps Business It Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Apps Business It Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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