Itsource Technologies Limited Company Logo

Itsource Technologies Limited - Company Profile

It is a information technology public limited company based in Mumbai, Maharashtra, India, established in 1998.

1998 | Mumbai, Maharashtra, India | Under Cirp
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About Itsource Technologies Limited

Itsource Technologies Limited, a under cirp public limited company, was established on 20 March 1998 in Mumbai, Maharashtra, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72900MH1998PLC114091. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹7.46 Cr.

Formerly known as Itsourceindia Tech Limited, Bee's Computer System Private Limited. It upholds a compliant status. Its leadership includes Kailash Thanmal Shah (Irp/Rp/Liquidator), Bhushan Krishana Rade (Additional Director), Pradeep Eknath Bhangale (Managing Director). Past directors included Manish Bhanupratap Singh, Dinesh Sadasivan Nair, Ravishankar Gopalan. It holds ₹32.43 Cr open charges and ₹5.40 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Unit 403, 4Th Floor, Skyline Icon, Chimatpada Marol, Andheri - Kurla Road India, Mumbai, Maharashtra, 400059.

Company Details

  • CIN/LLPIN

    U72900MH1998PLC114091

  • Registration Number

    114091

  • Incorporation Date

    20 March 1998

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹7.46 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 7.46 Cr
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 32.43 Cr
  • Satisfied Charges ₹ 5.40 Cr
  • Revenue Growth -10.17%
  • Profit Growth 14.13%
  • Ebitda -3.68%
  • Net Worth 4.46%
  • Total Assets -0.51%
Company report

Itsource Technologies Limited

Company Report FY 2025-2026

Explore comprehensive insights into Itsource Technologies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Itsource Technologies Limited?

Current Directors

NameDesignationAppointment DateStatus
Kailash Thanmal ShahIrp/Rp/Liquidator26 Sep 2024Current
Bhushan Krishana RadeAdditional Director05 Mar 2024Current
Pradeep Eknath BhangaleManaging Director28 Mar 1998Current
Prachi Pradeep BhangaleWhole-Time Director28 Mar 1998Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddKey Managerial Personnel-Past
Pramod AbcsddDirector19 Jul 2010Past
Pramod AbcsddDirector20 Feb 2018Past
Pramod AbcsddDirector27 Feb 2017Past
Pramod AbcsddDirector19 Jul 2010Past
Pramod AbcsddDirector27 Feb 2017Past

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Financial Performance of Itsource Technologies.

Itsource Technologies Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 10.17% decrease. The company also saw a substantial improvement in profitability, with a 14.13% increase in profit. The company's net worth moved up by a moderate rise of 4.46%.

Itsource Technologies revenue growth over time
Itsource Technologies 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
-10.17%
Revenue from Operations
-9.96%
Total Assets
-0.51%
Profit or Loss
14.13%
Net Worth
4.46%
EBITDA
-3.68%

What is the Ownership and Shareholding Structure of Itsource Technologies?

In 2022, Itsource Technologies had a promoter holding of 53.62% and a public holding of 46.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹324,312,176.00

Satisfied Charges

₹54,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.16 Cr
  • Yes Bank Limited : 12.15 Cr
  • Others : 7.00 Cr
  • The Samastha Nagar Co Op Bank Ltd : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
11 Aug 2023Yes Bank Limited₹12.15 CrOpen
29 Jun 2011Others₹7.00 CrOpen
01 Feb 2010Hdfc Bank Limited₹13.16 CrOpen
16 Feb 2001The Samastha Nagar Co Op Bank Ltd₹1.22 MOpen
27 Sep 2011S. E. Investments Limited₹1.40 CrSatisfied

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How Many Employees Work at Itsource Technologies?

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

Employee growth trends for Itsource Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Itsource Technologies, 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 Itsource Technologies'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

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Latest Updates, News, and FAQs on Itsource Technologies

Recent Activity within the Organization

  • Director Appointment

    The activity Kailash Thanmal Shah was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 26 Sep 2024 & has been associated with this company since 1 year 3 months . was completed.

  • Director Appointment

    Bhushan Krishana Rade was appointed as a Additional Director was appointed as a Additional Director on 05 Mar 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Charges

    The activity A charge with Yes Bank Limited of Rs. 12.15 Cr registered on 11 Aug 2023 with Charge ID 100773755 was modified on 21 Oct 2023. was completed.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 12.15 Cr with Charge ID 100773755 was registered on 11 Aug 2023. was recorded as a recent event.

  • Annual General Meeting

    Itsource Technologies Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 13.16 Cr registered on 01 Feb 2010 with Charge ID 10202393 was modified on 20 Jun 2022. was completed.

Frequently Asked Questions

  • What is the CIN of Itsource Technologies Limited?

    The CIN of Itsource Technologies Limited is U72900MH1998PLC114091.

  • Where is Itsource Technologies Limited headquartered?

    Itsource Technologies Limited is headquartered at Unit 403, 4Th Floor, Skyline Icon, Chimatpada Marol, Andheri - Kurla Road India, Mumbai, Maharashtra, 400059.

  • When was Itsource Technologies Limited incorporated?

    Itsource Technologies Limited was incorporated on 20 March 1998.

  • Who are the current directors of Itsource Technologies Limited?

    The current directors of Itsource Technologies Limited are

  • What is the primary industry of Itsource Technologies Limited?

    The primary industry of Itsource Technologies Limited is Information And Communication.

  • Is Itsource Technologies Limited a listed company?

    Itsource Technologies Limited is unlisted.

  • What is the capital structure of Itsource Technologies Limited?

    The authorized capital of Itsource Technologies Limited is ₹15.00 Cr, and the paid-up capital is ₹7.46 Cr.

  • What is the compliance status of Itsource Technologies Limited?

    The compliance status of Itsource Technologies Limited is Compliant.

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