Commence Tech It Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 22-12-2024
- Paid Up Capital ₹ 0.10 M
as on 22-12-2024
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2022
- Revenue -33.14%
(FY 2020)
- Profit 149.71%
(FY 2020)
- Ebitda 106.23%
(FY 2020)
- Net Worth 135.28%
(FY 2020)
- Total Assets 6.56%
(FY 2020)
About Commence Tech It Solutions
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.
- 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
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
-
- Social Media-
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
- Baitarani Power Project Private LimitedActive 19 years 8 months
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
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