Commence Tech It Solutions Private Limited
Provides software solutions for legal, tax, and accounting compliance, including design, development, and customization.
2017 | Hyderabad, Telangana (India) | Active
Commence Tech It Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 1 Month
- Last Filing with ROC 31 Mar 2022
- Revenue Growth -33.14%
- Profit Growth 149.71%
- Ebitda 106.23%
- Net Worth 135.28%
- Total Assets 6.56%
About Commence Tech It Solutions
Commence Tech It Solutions Private Limited (CTISPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 February 2017 (Eight years and one month 7 days old ). Its registered office is in Hyderabad, Telangana, 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 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Premchand Kolli and Chaitanya Yadlapati serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TG2017PTC115158
- Company No.
115158
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 2017
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
Commence Tech It Solutions Private Limited
Explore comprehensive data for Commence Tech It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Commence Tech It Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Premchand Kolli  | Director | 10-Feb-2017 | Current |
| Chaitanya Yadlapati | Director | 10-Feb-2017 | Current |
Financial Performance of Commence Tech It Solutions.
Commence Tech It Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 33.14% decrease. The company also saw a substantial improvement in profitability, with a 149.71% increase in profit. The company's net worth Soared by an impressive increase of 135.28%.
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What is the Ownership and Shareholding Structure of Commence Tech It Solutions?
In 2019, Commence Tech It 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.
Related Corporates (Common Directorship)
Tachyon It Solutions Private LimitedPremchand Kolli is a mutual person
R P P LimitedChaitanya Yadlapati is a mutual person
Oorwin Labs India Private LimitedPremchand Kolli is a mutual person
Maxoind Tech Solutions Private LimitedPremchand Kolli is a mutual person
- Sterling Shrimpex Pvt Ltd
Premchand Kolli is a mutual person
- Baitarani Power Project Private Limited
Chaitanya Yadlapati is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Commence Tech It Solutions?
Unlock and access historical data on people associated with Commence Tech It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Commence Tech 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 Commence Tech 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.
Latest Updates, News, and FAQs on Commence Tech It Solutions
Recent activity within the organization
- Annual General Meeting
Commence Tech It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Commence Tech It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
- Director Appointment
Premchand Kolli was appointed as a Director was appointed as a Director on 10 Feb 2017 & has been associated with this company since 8 years 1 month .
- Director Appointment
Chaitanya Yadlapati was appointed as a Director was appointed as a Director on 10 Feb 2017 & has been associated with this company since 8 years 1 month .
- Company Incorporation
Commence Tech It Solutions Private Limited was registered on 10 Feb 2017 with Roc Hyderabad & aged 8 years 1 month as per MCA records.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Commence Tech It Solutions Private Limited?
Commence Tech It Solutions Private Limited was incorporated on 10 Feb 2017.
What is authorized share capital and paid-up capital of Commence Tech It Solutions Private Limited?
The authorized share capital of Commence Tech It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Commence Tech It Solutions Private Limited?
Currently 2 directors are associated with Commence Tech It Solutions Private Limited.
- Premchand Kolli
- Chaitanya Yadlapati
What is the registered address of Commence Tech It Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Commence Tech It Solutions Private Limited is Plot No.35 Nandagiri Hils Jublee Hills Road No.69, India, Hyderabad, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Commence Tech It Solutions Private Limited?
The corporate identification number (CIN) of Commence Tech It Solutions Private Limited is U72900TG2017PTC115158 and the company number is 115158 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Commence Tech It Solutions Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Commence Tech It Solutions Private Limited has fallen by -33.14%.
What change has been observed in the net worth of Commence Tech It Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Commence Tech It Solutions Private Limited has experienced an upsurge of 135.28%.
When was the last Balance Sheet of Commence Tech It Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Commence Tech It Solutions Private Limited was filed with the ROC on 31 Mar 2022.
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