Itsource Technologies Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 7.46 Cr
- Company Age 26 Year, 11 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 32.43 Cr
- Satisfied Charges ₹ 5.40 Cr
- Revenue Growth -26.43%
- Profit Growth 518.51%
- Ebitda 7.62%
- Net Worth 4.78%
- Total Assets -6.52%
About Itsource Technologies
Itsource Technologies Limited (ITL) is Under Cirp company established on 20 Mar 1998 with its office registered at Mumbai, Maharashtra, India and has been running since 26 Year, 11 Months with a paid up capital of 7.46 Cr. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900MH1998PLC114091
- Company No.
114091
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Mar 1998
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Information Technology
What products or services does Itsource Technologies Limited offer?
Itsource Technologies Limited offers a wide range of products and services, including Computer Software & Mobile Apps, HR Management Software, Business Planning and Management, Business Consultant, BPO Operations and Services, BPO Services, Software Testing Services, Application Development Service, Application Management Service, Computer and Networking Solutions.
Who are the key members and board of directors at Itsource Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradeep Bhangale  | Managing Director | 28-Mar-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prachi Bhangale | Whole-Time Director | 28-Mar-1998 | Current |
| Bhushan Rade | Additional Director | 05-Mar-2024 | Current |
Financial Performance of Itsource Technologies.
Itsource Technologies Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 26.43% decrease. The company also saw a substantial improvement in profitability, with a 518.51% increase in profit. The company's net worth moved up by a moderate rise of 4.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Itsource Technologies?
In 2021, Itsource Technologies had a promoter holding of 99.19% and a public holding of 0.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹32.43 Cr
Satisfied Charges
₹5.40 Cr
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2023 | Yes Bank Limited | ₹12.15 Cr | Open |
| 29 Jun 2011 | Others | ₹7.00 Cr | Open |
| 01 Feb 2010 | Hdfc Bank Limited | ₹13.16 Cr | Open |
| 16 Feb 2001 | The Samastha Nagar Co Op Bank Ltd | ₹1.22 M | Open |
| 27 Sep 2011 | S. E. Investments Limited | ₹1.40 Cr | Satisfied |
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.
Deals i
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
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 Itsource Technologies
Recent activity within the organization
- 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 11 months 29 days .
- Charges
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.
- Charges
A charge with Yes Bank Limited amounted to Rs. 12.15 Cr with Charge ID 100773755 was registered on 11 Aug 2023.
- Annual General Meeting
Itsource Technologies Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Charges
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.
- Balance Sheet
Itsource Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Itsource Technologies Limited?
Itsource Technologies Limited was incorporated on 20 Mar 1998.
What is authorized share capital and paid-up capital of Itsource Technologies Limited?
The authorized share capital of Itsource Technologies Limited is ₹ 15.00 Cr and paid-up capital is ₹ 7.46 Cr.
Who are the current board members & directors of Itsource Technologies Limited?
Currently 3 directors are associated with Itsource Technologies Limited.
- Pradeep Eknath Bhangale
- Prachi Pradeep Bhangale
- Bhushan Krishana Rade
What is the registered address of Itsource Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Itsource Technologies Limited is Unit 403 4Th Floor Skyline Icon Chimatpada Marol, Andheri - Kurla Road India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Itsource Technologies Limited?
The corporate identification number (CIN) of Itsource Technologies Limited is U72900MH1998PLC114091 and the company number is 114091 as per Ministry of Corporate Affairs (MCA).
What is the official website of Itsource Technologies Limited?
The Official website of Itsource Technologies Limited is https://www.itsourcetechnologies.co.in
What has been the recent revenue trend for Itsource Technologies Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Itsource Technologies Limited has fallen by -26.43%.
What change has been observed in the net worth of Itsource Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Itsource Technologies Limited has experienced an upsurge of 4.78%.
What are the total open charges for Itsource Technologies Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Itsource Technologies Limited amount to ₹ 32.43 Cr.
When was the last Balance Sheet of Itsource Technologies Limited filed with the ROC?
The most recent Balance Sheet for Itsource Technologies Limited was filed with the ROC on 31 Mar 2022.
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