Concurrent Tech India Private Limited
IT software services, computer and embedded software design, and hardware products supplier.
2007 | Bangalore, Karnataka (India) | Active
Concurrent Tech India Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.75 M
- Revenue Growth -100.00%
- Profit Growth 97.89%
- Ebitda 99.73%
- Net Worth -0.12%
- Total Assets -0.77%
About Concurrent Tech India
Concurrent Tech India Private Limited (CTIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 31 December 2007 and has a history of 17 years and two months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Concurrent Single Board Computers Private 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹0.75 M.
Vaibhav Gupta, Kim Garrod, and Miles Adcock serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2007FTC044829
- Company No.
044829
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
31 Dec 2007
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Concurrent Tech India Private Limited offer?
Concurrent Tech India Private Limited offers a wide range of products and services, including Electric Circuit Components & Spares, Electronic Development Boards.
Who are the key members and board of directors at Concurrent Tech India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vaibhav Gupta  | Director | 16-Oct-2020 | Current |
| Kim Garrod | Director | 29-Aug-2022 | Current |
Miles Adcock  | Director | 29-Aug-2022 | Current |
Financial Performance of Concurrent Tech India.
Concurrent Tech India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 97.89% increase in profit. The company's net worth dipped by a decrease of 0.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Concurrent Tech India?
In 2023, Concurrent Tech India 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)
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Finiot Private LimitedVaibhav Gupta is a mutual person
Taxcryp Technologies Private LimitedVaibhav Gupta is a mutual person
- Micromod Automation India Private Limited
Vaibhav Gupta is a mutual person
Charges (Loans)
Open Charges
₹0.75 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2019 | Citi Bank N.A. | ₹0.25 M | Open |
| 18 Jan 2019 | Citi Bank N.A. | ₹0.50 M | Open |
How Many Employees Work at Concurrent Tech India?
Concurrent Tech India has a workforce of 12 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Concurrent Tech India, 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 Concurrent Tech India'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 Concurrent Tech India
Recent activity within the organization
- Annual General Meeting
Concurrent Tech India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Concurrent Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Kim Maria Michelle Garrod was appointed as a Director was appointed as a Director on 29 Aug 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Miles John Adcock was appointed as a Director was appointed as a Director on 29 Aug 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Vaibhav Gupta was appointed as a Director was appointed as a Director on 16 Oct 2020 & has been associated with this company since 4 years 5 months .
- Charges
A charge with Citi Bank N.A. amounted to Rs. 0.25 M with Charge ID 100252367 was registered on 18 Jan 2019.
Frequently asked questions
What is the Incorporation or founding date of Concurrent Tech India Private Limited?
Concurrent Tech India Private Limited was incorporated on 31 Dec 2007.
What is authorized share capital and paid-up capital of Concurrent Tech India Private Limited?
The authorized share capital of Concurrent Tech India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Concurrent Tech India Private Limited?
Currently 3 directors are associated with Concurrent Tech India Private Limited.
- Vaibhav Gupta
- Kim Maria Michelle Garrod
- Miles John Adcock
What is the registered address of Concurrent Tech India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Concurrent Tech India Private Limited is Level 8 Umiya Business Bay Tower1 Cessna Park Kadubeesanahalli Marathahalli, Sarjapura Outer Ring Road India, Bangalore North, Karnataka, 560037.
What is the corporate identification number (CIN) and company number of Concurrent Tech India Private Limited?
The corporate identification number (CIN) of Concurrent Tech India Private Limited is U72200KA2007FTC044829 and the company number is 044829 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Concurrent Tech India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Concurrent Tech India Private Limited has fallen by -100.00%.
How many employees does Concurrent Tech India Private Limited currently have?
As Per 2023 financial reports, 12 employees are currently employed by Concurrent Tech India Private Limited.
What change has been observed in the net worth of Concurrent Tech India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Concurrent Tech India Private Limited has experienced an downturn of -0.12%.
What are the total open charges for Concurrent Tech India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Concurrent Tech India Private Limited amount to ₹ 0.75 M.
When was the last Balance Sheet of Concurrent Tech India Private Limited filed with the ROC?
The most recent Balance Sheet for Concurrent Tech India Private Limited was filed with the ROC on 31 Mar 2023.
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