Sasken Technologies Limited

IT/ITES company providing product engineering and digital transformation services for various industries.

1989 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Sasken Technologies Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 15.08 Cr
  • Company Age 36 Year, 7 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 21.50 Cr
  • Revenue Growth -3.66%
  • Profit Growth -23.50%
  • Ebitda -52.61%
  • Net Worth 9.37%
  • Total Assets 6.09%

About Sasken Technologies

Sasken Technologies Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 February 1989 and has a history of 36 years. Its registered office is in Bangalore, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532663 and on the National Stock Exchange(NSE) under SASKEN.

The Corporate was formerly known as Sasken Communication Technologies 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 2023. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 15.08 Cr.

The company has closed loans amounting to ₹21.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sasken Technologies Limited India are Abhijit Kabra as Ceo, Priyaranjan as Cfo, and Shri Bhargava as Company Secretary. Pranabh Mody, Bharat Patel, Som Mittal, and Six other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sasken.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72100KA1989PLC014226

  • Company No.

    014226

  • Stock Symbol

    BSE : 532663 NSE : SASKEN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 1989

  • Date of AGM

    26 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Sasken Technologies Limited offer?

Sasken Technologies Limited offers a wide range of products and services, including Product Engineering and Prototyping, Product Designing, Data Entry & Data Processing Service, Data Management, Computer and Networking Solutions, Broadband Internet Solutions, Database Management, Corporate Finance & Leasing Advisors, Financial Service, Embedded Hardware Design.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Rajiv Mody Country flag representing Us Managing Director29-Sep-1989Current
Abhijit Kabra CEO20-Jul-2022Current
Priyaranjan CFO10-Aug-2022Current
Shri Bhargava Company Secretary01-Aug-2021Current

Board Members (8)

NameDesignationAppointment DateStatus
Gangadharan Venkatesh Country flag representing In Director 25-Jan-2005Current
Som Mittal Country flag representing In Director 21-Apr-2022Current
Madhu Khatri Country flag representing In Director 27-Mar-2020Current
Bharat Patel Country flag representing In Director 16-Jul-2009Current
Pranabh Mody Country flag representing In Director 29-Jul-1991Current
Sunirmal Talukdar Country flag representing In Director 16-Feb-2016Current

Financial Performance of Sasken Technologies.

Sasken Technologies Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.66% decrease. The company also saw a substantial fall in profitability, with a 23.5% decrease in profit. The company's net worth moved up by a moderate rise of 9.37%.

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
-3.66%
Revenue from Operations
-9.05%
Total Assets
6.09%
Profit or Loss
-23.50%
Net Worth
9.37%
EBITDA
-52.61%

What is the Ownership and Shareholding Structure of Sasken Technologies?

In 2023, Sasken Technologies had a promoter holding of 43.38% and a public holding of 56.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.50 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 17.50 Cr
  • Others : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2007Union Bank Of India₹10.00 CrSatisfied
23 Apr 2007Union Bank Of India₹4.50 CrSatisfied
17 May 2005Union Bank Of India₹3.00 CrSatisfied
03 Nov 2003Others₹4.00 CrSatisfied

How Many Employees Work at Sasken Technologies?

Sasken Technologies has a workforce of 1157 employees as of Apr 06, 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 Sasken 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 Sasken 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 Sasken Technologies

Recent activity within the organization

  • Charges

    A charge registered on 03 Nov 2003 via Charge ID 80049853 with Others was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Annual General Meeting

    Sasken Technologies Limited last Annual general meeting of members was held on 26 Jul 2023 as per latest MCA records.

    26 Jul 2023

  • Balance Sheet

    Sasken Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 03 Nov 2003 with Charge ID 80049853 was modified on 28 Oct 2022.

    28 Oct 2022

  • Director Appointment

    Som Mittal was appointed as a Director was appointed as a Director on 21 Apr 2022 & has been associated with this company since 2 years 10 months .

    21 Apr 2022

  • Director Appointment

    Madhu Khatri was appointed as a Director was appointed as a Director on 27 Mar 2020 & has been associated with this company since 4 years 10 months .

    27 Mar 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Sasken Technologies Limited was incorporated on 13 Feb 1989.

  • The authorized share capital of Sasken Technologies Limited is ₹ 55.00 Cr and paid-up capital is ₹ 15.08 Cr.

  • Currently 12 directors are associated with Sasken Technologies Limited.

    • Pranabh Dinesh Mody
    • Bharat Vithalbhai Patel
    • Som Mittal
    • Rajiv Chandrakant Mody
    • Gangadharan Venkatesh
    • Madhu Khatri
    • Sunirmal Talukdar
    • Raja Ramana Macha
    • Sunil Sachan
    • Abhijit Gangadhar Kabra
    • Priyaranjan
    • Shri Paawan Bhargava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sasken Technologies Limited is 139/25 Domlur Layoutring Road Domlur Post, Bangalore-560071, Karnataka, India.

  • The corporate identification number (CIN) of Sasken Technologies Limited is L72100KA1989PLC014226 and the company number is 014226 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sasken Technologies Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SASKEN.

  • The Official website of Sasken Technologies Limited is https://www.sasken.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sasken Technologies Limited has fallen by -3.66%.

  • As Per 2023 financial reports, 1157 employees are currently employed by Sasken Technologies Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sasken Technologies Limited has experienced an upsurge of 9.37%.

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

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