Erasmic Consulting Private Limited

Provides software design and development services, advises and establishes development centers for various industries.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Erasmic Consulting Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 M
  • Revenue Growth %
  • Profit Growth 61.25%
  • Ebitda
  • Net Worth -0.10%
  • Total Assets -0.00%

About Erasmic Consulting

Erasmic Consulting Private Limited (ECPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 June 2003 and has a history of 21 years and seven months. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.50 M.

Prashanth Prakash and Ravindra Krishnappa 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

    U72900KA2003PTC032110

  • Company No.

    032110

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Erasmic Consulting?

Board Members (2)

NameDesignationAppointment DateStatus
Ravindra Krishnappa Country flag representing In Director 19-Mar-2004Current
Prashanth Prakash Country flag representing In Whole-Time Director 01-Oct-2004Current

Financial Performance of Erasmic Consulting.

Erasmic Consulting Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 61.25% increase in profit. The company's net worth dipped by a decrease of 0.1%.

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
Revenue from Operations
Total Assets
-0.00%
Profit or Loss
61.25%
Net Worth
-0.10%
EBITDA

What is the Ownership and Shareholding Structure of Erasmic Consulting?

In 2022, Erasmic Consulting had a public 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

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2006Vijaya Bank₹2.50 MOpen

How Many Employees Work at Erasmic Consulting?

Erasmic Consulting has a workforce of 0 employees as of Apr 03, 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 Erasmic Consulting, 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 Erasmic Consulting'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 Erasmic Consulting

Recent activity within the organization

  • Annual General Meeting

    Erasmic Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Erasmic Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Vijaya Bank of Rs. 2.50 M registered on 27 Jun 2006 with Charge ID 10009758 was modified on 11 Oct 2007.

    11 Oct 2007

  • Charges

    A charge with Vijaya Bank amounted to Rs. 2.50 M with Charge ID 10009758 was registered on 27 Jun 2006.

    27 Jun 2006

  • Director Appointment

    Prashanth Prakash was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Oct 2004 & has been associated with this company since 20 years 4 months .

    01 Oct 2004

  • Director Appointment

    Ravindra Krishnappa was appointed as a Director was appointed as a Director on 19 Mar 2004 & has been associated with this company since 20 years 10 months .

    19 Mar 2004

Recent News, Updates & Announcement

  • News icon
    Accel India Venture Fund Closes $60 Million Seed And Early Stage Fund.

    <img src="https://techcrunch.com/wp-content/uploads/2008/11/accel-india.png" /> <a href="http://www.erasmic.com/">Accel India Venture Fund</a>, which came out of Accel's recent <a href="https://techcrunch.com/2008/07/27/accel-looks-to-india-for-venture-returns/">absorption of Indian VC firm Erasmic</a>, as predicted has closed $60 million in a <del datetime="2008-11-12T18:07:10+00:00">second round of funding</del> new fund (the earlier <del datetime="2008-11-12T18:07:10+00:00">round was</del> fund had raised $12mn), according to <a href="http://www.pluggd.in/funding/accel-india-venture-closes-60mn-fund-3097/">Pluggdin</a>. Accel believes that seed and early stage markets continue to be under served in India, attracting less than 5% of the total venture capital funds. The firm stated there will not be a significant shift in the multi-sector investment strategy of Accel..

    12 Nov 2008 TechCrunch

Frequently asked questions

  • Erasmic Consulting Private Limited was incorporated on 17 Jun 2003.

  • The authorized share capital of Erasmic Consulting Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Erasmic Consulting Private Limited.

    • Prashanth Prakash
    • Ravindra Krishnappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Erasmic Consulting Private Limited is 110/6 3Rd Floor Swami Lotus Building Krishnappa Layout Lalbagh Cross Road, Behind Urvash I Theatre India, Bangalore, Karnataka, 560027.

  • The corporate identification number (CIN) of Erasmic Consulting Private Limited is U72900KA2003PTC032110 and the company number is 032110 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Erasmic Consulting Private Limited has experienced an downturn of -0.10%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Erasmic Consulting Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Erasmic Consulting Private Limited was filed with the ROC on 31 Mar 2023.