Econz It Services Private Limited

Web design, development, and mobile app services for businesses.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: December 21, 2024

Econz It Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.97 Cr
  • Revenue Growth 41.82%
  • Profit Growth -16.56%
  • Ebitda -11.49%
  • Net Worth 20.90%
  • Total Assets 28.73%

About Econz It Services

Econz It Services Private Limited (EISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 December 2011 and has a history of 13 years and one month. 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.97 Cr.

Moby Babu and Sunitha Mathai serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    econz.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2011PTC061924

  • Company No.

    061924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Econz It Services Private Limited offer?

Econz It Services Private Limited offers a wide range of products and services, including Branding & Advertising Agencies, Advertising Service, Internet Marketing & Promotion, SEO Consultation Service, Computer and Networking Solutions, Networking Solutions, Web Development & Marketing Services, Website Designing, Internet Marketing Service, Computer and Mobile Softwares & Apps.

Who are the key members and board of directors at Econz It Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Moby Babu Country flag representing In Managing Director30-Dec-2011Current

Board Members (1)

NameDesignationAppointment DateStatus
Sunitha Mathai Country flag representing In Additional Director 03-Aug-2016Current

Financial Performance of Econz It Services.

Econz It Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.82% increase. The company also saw a substantial fall in profitability, with a 16.56% decrease in profit. The company's net worth Soared by an impressive increase of 20.9%.

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
41.82%
Revenue from Operations
41.54%
Total Assets
28.73%
Profit or Loss
-16.56%
Net Worth
20.90%
EBITDA
-11.49%

What is the Ownership and Shareholding Structure of Econz It Services?

Unlock access to Econz It Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.72 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.97 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2023Hdfc Bank Limited₹9.72 MOpen
13 Aug 2020Hdfc Bank Limited₹4.00 CrOpen

How Many Employees Work at Econz It Services?

Econz It Services has a workforce of 51 employees as of Mar 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Econz It Services, 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 Econz It Services'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 Econz It Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Econz It Services 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 Hdfc Bank Limited amounted to Rs. 9.72 M with Charge ID 100912966 was registered on 23 Nov 2023.

    23 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 M registered on 13 Aug 2020 with Charge ID 100366879 was modified on 26 Sep 2022.

    26 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 M with Charge ID 100366879 was registered on 13 Aug 2020.

    13 Aug 2020

  • Director Appointment

    Sunitha Mathai was appointed as a Additional Director was appointed as a Additional Director on 03 Aug 2016 & has been associated with this company since 8 years 6 months .

    03 Aug 2016

Frequently asked questions

  • Econz It Services Private Limited was incorporated on 30 Dec 2011.

  • The authorized share capital of Econz It Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Econz It Services Private Limited.

    • Moby Karedath Babu
    • Sunitha Mathai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Econz It Services Private Limited is No.58 Ground Floor H M Towers Brigade Road, India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Econz It Services Private Limited is U72900KA2011PTC061924 and the company number is 061924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Econz It Services Private Limited is https://www.econz.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Econz It Services Private Limited has risen by 41.82%.

  • As Per 2023 financial reports, 51 employees are currently employed by Econz It Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Econz It Services Private Limited has experienced an upsurge of 20.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Econz It Services Private Limited amount to ₹ 4.97 Cr.

  • The most recent Balance Sheet for Econz It Services Private Limited was filed with the ROC on 31 Mar 2024.

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