Electronet-Ax Services Private Limited

IT company providing hardware, software, maintenance, and rental services since 2014.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated:

Electronet-Ax Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 3.50 M
  • Revenue Growth -98.07%
  • Profit Growth -316.54%
  • Ebitda -128.12%
  • Net Worth -24.93%
  • Total Assets -31.56%

About Electronet-Ax Services

Electronet-Ax Services Private Limited (ESPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2014 and has a history of Ten years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Malathi Infotech Solutions 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 2019. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.50 M.

Arasu Rajarajan and Karthik Kumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2014PTC075381

  • Company No.

    075381

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2014

  • Date of AGM

    31 Jan 2021

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Electronet-Ax Services Private Limited

Explore comprehensive data for Electronet-Ax Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Electronet-Ax Services?

Board Members (2)

NameDesignationAppointment DateStatus
Arasu Rajarajan Country flag representing In Additional Director 05-Mar-2021Current
Karthik Kumar Country flag representing In Additional Director 26-Mar-2021Current

Financial Performance of Electronet-Ax Services.

Electronet-Ax Services Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 98.07% decrease. The company also saw a substantial fall in profitability, with a 316.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.93%.

Electronet-Ax Services revenue growth over time
Electronet-Ax Services 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
-98.07%
Revenue from Operations
-98.07%
Total Assets
-31.56%
Profit or Loss
-316.54%
Net Worth
-24.93%
EBITDA
-128.12%

What is the Ownership and Shareholding Structure of Electronet-Ax Services?

In 2019, Electronet-Ax Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2014Canara Bank₹3.50 MOpen

How Many Employees Work at Electronet-Ax Services?

Unlock and access historical data on people associated with Electronet-Ax Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Electronet-Ax Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Electronet-Ax 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 Electronet-Ax 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 Electronet-Ax Services

Recent activity within the organization

  • Director Appointment

    Karthik Kumar was appointed as a Additional Director was appointed as a Additional Director on 26 Mar 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Arasu Rajarajan was appointed as a Additional Director was appointed as a Additional Director on 05 Mar 2021 & has been associated with this company since 4 years 2 months .

  • Annual General Meeting

    Electronet-Ax Services Private Limited last Annual general meeting of members was held on 31 Jan 2021 as per latest MCA records.

  • Balance Sheet

    Electronet-Ax Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

  • Charges

    A charge with Canara Bank amounted to Rs. 3.50 M with Charge ID 10531057 was registered on 13 Sep 2014.

  • Company Incorporation

    Electronet-Ax Services Private Limited was registered on 17 Jul 2014 with Roc Bangalore & aged 10 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Electronet-Ax Services Private Limited?

    Electronet-Ax Services Private Limited was incorporated on 17 Jul 2014.

  • What is authorized share capital and paid-up capital of Electronet-Ax Services Private Limited?

    The authorized share capital of Electronet-Ax Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Electronet-Ax Services Private Limited?

    Currently 2 directors are associated with Electronet-Ax Services Private Limited.

    • Arasu Rajarajan
    • Karthik Kumar

  • What is the registered address of Electronet-Ax Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Electronet-Ax Services Private Limited is No.17/1 17Th A Cross 12Th Main Malleshwaram, India, Bangalore, Karnataka, 560055.

  • What is the corporate identification number (CIN) and company number of Electronet-Ax Services Private Limited?

    The corporate identification number (CIN) of Electronet-Ax Services Private Limited is U72200KA2014PTC075381 and the company number is 075381 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Electronet-Ax Services Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Electronet-Ax Services Private Limited has fallen by -98.07%.

  • What change has been observed in the net worth of Electronet-Ax Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Electronet-Ax Services Private Limited has experienced an downturn of -24.93%.

  • What are the total open charges for Electronet-Ax Services Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Electronet-Ax Services Private Limited amount to ₹ 3.50 M.

  • When was the last Balance Sheet of Electronet-Ax Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Electronet-Ax Services Private Limited was filed with the ROC on 31 Mar 2019.

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