Bandyworks Solutions Private Limited

IT company providing software and information technology services, products, and solutions.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: January 13, 2025

Bandyworks Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.75 M
  • Paid Up Capital ₹ 0.69 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth -68.22%
  • Profit Growth -97.08%
  • Ebitda -92.79%
  • Net Worth 0.40%
  • Total Assets -4.58%

About Bandyworks Solutions

Bandyworks Solutions Private Limited (BSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 September 2008 and has a history of 16 years and four months. 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 0.75 M and a paid-up capital of Rs 0.69 M.

The company currently has active open charges totaling ₹3.00 Cr.

Vangala Reddy and Lalasa Kalamakuntla 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

    U72200KA2008PTC047893

  • Company No.

    047893

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2008

  • 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 Bandyworks Solutions?

Board Members (2)

Name Designation Appointment Date Status
Vangala Reddy Country flag representing In Director 18-Mar-2013 Current
Lalasa Kalamakuntla Country flag representing In Director 18-Mar-2013 Current

Financial Performance of Bandyworks Solutions.

Bandyworks Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 68.22% decrease. The company also saw a substantial fall in profitability, with a 97.08% decrease in profit. The company's net worth moved up by a moderate rise of 0.4%.

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
-68.22%
Revenue from Operations
-71.22%
Total Assets
-4.58%
Profit or Loss
-97.08%
Net Worth
0.40%
EBITDA
-92.79%

What is the Ownership and Shareholding Structure of Bandyworks Solutions?

In 2021, Bandyworks Solutions 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)

Open Charges

₹30.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2020 Axis Bank Limited ₹3.00 Cr Open

How Many Employees Work at Bandyworks Solutions?

Unlock and access historical data on people associated with Bandyworks Solutions, 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 Bandyworks 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 Bandyworks 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 Bandyworks Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Bandyworks Solutions 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 Axis Bank Limited amounted to Rs. 30.00 M with Charge ID 100322914 was registered on 30 Jan 2020.

    30 Jan 2020

  • Director Appointment

    Vangala Purushothama Reddy was appointed as a Director was appointed as a Director on 18 Mar 2013 & has been associated with this company since 11 years 10 months .

    18 Mar 2013

  • Director Appointment

    Lalasa Kalamakuntla was appointed as a Director was appointed as a Director on 18 Mar 2013 & has been associated with this company since 11 years 10 months .

    18 Mar 2013

  • Company Incorporation

    Bandyworks Solutions Private Limited was registered on 29 Sep 2008 with Roc Bangalore & aged 16 years 4 months as per MCA records.

    29 Sep 2008

Frequently asked questions

  • Bandyworks Solutions Private Limited was incorporated on 29 Sep 2008.

  • The authorized share capital of Bandyworks Solutions Private Limited is ₹ 0.75 M and paid-up capital is ₹ 0.69 M.

  • Currently 2 directors are associated with Bandyworks Solutions Private Limited.

    • Vangala Purushothama Reddy
    • Lalasa Kalamakuntla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bandyworks Solutions Private Limited is 7 First Floor 29Th Main Kuvempu Nagar Btm Layout, 2Nd Stage India, Bangalore, Karnataka, 560076.

  • The corporate identification number (CIN) of Bandyworks Solutions Private Limited is U72200KA2008PTC047893 and the company number is 047893 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bandyworks Solutions Private Limited has fallen by -68.22%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bandyworks Solutions Private Limited has experienced an upsurge of 0.40%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Bandyworks Solutions Private Limited amount to ₹ 3.00 Cr.

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

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