Cherrytec Intelisolve Private Limited

IT company offering consulting, development, and maintenance for SAP, Oracle apps, and custom applications.

1998 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Cherrytec Intelisolve Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.56 M
  • Company Age 27 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.02 Cr
  • Revenue Growth -39.49%
  • Profit Growth 66.99%
  • Ebitda 88.79%
  • Net Worth -31.92%
  • Total Assets -27.68%

About Cherrytec Intelisolve

Cherrytec Intelisolve Private Limited (CIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 1998 and has a history of 27 years. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Cherrytec Intelisolve Limited. 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 9.56 M.

The company has closed loans amounting to ₹1.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Subbu Srinivasan and Ravichandran Seethapathy 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

    U72300TN1998PTC040081

  • Company No.

    040081

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1998

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Cherrytec Intelisolve?

Board Members (2)

NameDesignationAppointment DateStatus
Ravichandran Seethapathy Country flag representing In Director 04-Jul-2019Current
Subbu Srinivasan Country flag representing In Director 20-Jul-2023Current

Financial Performance of Cherrytec Intelisolve.

Cherrytec Intelisolve Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 39.49% decrease. The company also saw a substantial improvement in profitability, with a 66.99% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.92%.

Cherrytec Intelisolve revenue growth over time
Cherrytec Intelisolve 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
-39.49%
Revenue from Operations
-39.20%
Total Assets
-27.68%
Profit or Loss
66.99%
Net Worth
-31.92%
EBITDA
88.79%

What is the Ownership and Shareholding Structure of Cherrytec Intelisolve?

In 2019, Cherrytec Intelisolve had a promoter holding of 99.99%. 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

Satisfied Charges

₹1.02 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.65 Cr
  • Volkswagen Finance Private Limited : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
19 Feb 2013Vijaya Bank₹0.45 MSatisfied
10 Dec 2012Volkswagen Finance Private Limited₹3.70 MSatisfied
28 Jan 2008Vijaya Bank₹1.00 MSatisfied
25 Sep 2003Vijaya Bank₹5.00 MSatisfied

How Many Employees Work at Cherrytec Intelisolve?

Cherrytec Intelisolve has a workforce of 4 employees as of Mar 30, 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 Cherrytec Intelisolve Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cherrytec Intelisolve, 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 Cherrytec Intelisolve'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 Cherrytec Intelisolve

Recent activity within the organization

  • Annual General Meeting

    Cherrytec Intelisolve Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Subbu Srinivasan was appointed as a Director was appointed as a Director on 20 Jul 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Cherrytec Intelisolve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Ravichandran Seethapathy was appointed as a Director was appointed as a Director on 04 Jul 2019 & has been associated with this company since 5 years 8 months .

  • Charges

    A charge registered on 25 Sep 2003 via Charge ID 90293148 with Vijaya Bank was fully satisfied on 21 Dec 2016.

  • Charges

    A charge registered on 10 Dec 2012 via Charge ID 10401341 with Volkswagen Finance Private Limited was fully satisfied on 07 Jan 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Cherrytec Intelisolve Private Limited?

    Cherrytec Intelisolve Private Limited was incorporated on 11 Mar 1998.

  • What is authorized share capital and paid-up capital of Cherrytec Intelisolve Private Limited?

    The authorized share capital of Cherrytec Intelisolve Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.56 M.

  • Who are the current board members & directors of Cherrytec Intelisolve Private Limited?

    Currently 2 directors are associated with Cherrytec Intelisolve Private Limited.

    • Subbu Srinivasan
    • Ravichandran Seethapathy

  • What is the registered address of Cherrytec Intelisolve Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cherrytec Intelisolve Private Limited is Vel Vilas 2Nd Floor 3/21 Kottur Garden 3Rd Main Road Kotturpuram, India, Chennai, Tamil Nadu, 600085.

  • What is the corporate identification number (CIN) and company number of Cherrytec Intelisolve Private Limited?

    The corporate identification number (CIN) of Cherrytec Intelisolve Private Limited is U72300TN1998PTC040081 and the company number is 040081 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cherrytec Intelisolve Private Limited?

    The Official website of Cherrytec Intelisolve Private Limited is https://www.cherrytec.com

  • What has been the recent revenue trend for Cherrytec Intelisolve Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Cherrytec Intelisolve Private Limited has fallen by -39.49%.

  • How many employees does Cherrytec Intelisolve Private Limited currently have?

    As Per 2020 financial reports, 4 employees are currently employed by Cherrytec Intelisolve Private Limited.

  • What change has been observed in the net worth of Cherrytec Intelisolve Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Cherrytec Intelisolve Private Limited has experienced an downturn of -31.92%.

  • When was the last Balance Sheet of Cherrytec Intelisolve Private Limited filed with the ROC?

    The most recent Balance Sheet for Cherrytec Intelisolve Private Limited was filed with the ROC on 31 Mar 2023.

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