Pursuit Technologies Private Limited

IT company providing data center, home automation, and ELV solutions to various industries.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Pursuit Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.05 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.55 Cr
  • Satisfied Charges ₹ 1.33 Cr
  • Revenue Growth -42.35%
  • Profit Growth -4307.17%
  • Ebitda -83.42%
  • Net Worth -29.27%
  • Total Assets -20.92%

About Pursuit Technologies

Pursuit Technologies Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 1998 and has a history of 26 years and six 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 1.50 M and a paid-up capital of Rs 1.05 M.

The company currently has active open charges totaling ₹8.55 Cr. The company has closed loans amounting to ₹1.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shamanna Arunkumar and Arun Lingaraju serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pursuittech.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30006KA1998PTC024122

  • Company No.

    024122

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Pursuit Technologies Private Limited offer?

Pursuit Technologies Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Software Development & IT Consultant, Software Development Services, Software Consulting Service, SAP Consultants, IT Facility Management Services, Technology Infrastructure Services, IT Infrastructure Solution, Business Consultant.

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

Board Members (2)

NameDesignationAppointment DateStatus
Arun Lingaraju Country flag representing In Additional Director 20-Apr-2009Current
Shamanna Arunkumar Country flag representing In Director 01-Apr-2002Current

Financial Performance of Pursuit Technologies.

Pursuit Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.35% decrease. The company also saw a substantial fall in profitability, with a 4307.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.27%.

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
-42.35%
Revenue from Operations
-42.07%
Total Assets
-20.92%
Profit or Loss
-4307.17%
Net Worth
-29.27%
EBITDA
-83.42%

What is the Ownership and Shareholding Structure of Pursuit Technologies?

In 2023, Pursuit Technologies had a promoter holding of 74.00% and a public holding of 26.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.47 M

Satisfied Charges

₹13.25 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.47 Cr
  • Union Bank Of India : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2018Canara Bank₹1.70 MOpen
24 Apr 2015Canara Bank₹1.66 MOpen
14 Aug 2013Canara Bank₹1.39 MOpen
30 Mar 2013Canara Bank₹0.84 MOpen
26 Mar 2013Canara Bank₹7.81 CrOpen

How Many Employees Work at Pursuit Technologies?

Pursuit Technologies has a workforce of 16 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 Pursuit 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 Pursuit 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

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 Pursuit Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Pursuit Technologies 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 Canara Bank of Rs. 78.07 M registered on 26 Mar 2013 with Charge ID 10416424 was modified on 22 Dec 2022.

    22 Dec 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 1.70 M with Charge ID 100208641 was registered on 15 Sep 2018.

    15 Sep 2018

  • Charges

    A charge with Canara Bank amounted to Rs. 1.66 M with Charge ID 10580351 was registered on 24 Apr 2015.

    24 Apr 2015

  • Charges

    A charge registered on 16 Oct 2009 via Charge ID 10181195 with Canara Bank was fully satisfied on 06 Feb 2014.

    06 Feb 2014

Frequently asked questions

  • Pursuit Technologies Private Limited was incorporated on 21 Aug 1998.

  • The authorized share capital of Pursuit Technologies Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.05 M.

  • Currently 2 directors are associated with Pursuit Technologies Private Limited.

    • Shamanna Arunkumar
    • Arun Kumar Lingaraju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pursuit Technologies Private Limited is No 332 2Nd Floor 5Th Cross 8Th Main Coffee Board Layout Kempapura India, Bangalore, Karnataka, 560024.

  • The corporate identification number (CIN) of Pursuit Technologies Private Limited is U30006KA1998PTC024122 and the company number is 024122 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pursuit Technologies Private Limited is https://www.pursuittech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pursuit Technologies Private Limited has fallen by -42.35%.

  • As Per 2023 financial reports, 16 employees are currently employed by Pursuit Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pursuit Technologies Private Limited has experienced an downturn of -29.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pursuit Technologies Private Limited amount to ₹ 8.55 Cr.

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

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