Shore Infotech India Private Limited

Provides IT-enabled and BPO services to various clients, including financial, IT, and software development support.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: October 23, 2024

Shore Infotech India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -14.35%
  • Profit Growth -15.49%
  • Ebitda -26.99%
  • Net Worth 5.53%
  • Total Assets 13.76%

About Shore Infotech India

Shore Infotech India Private Limited (SIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 June 2007 and has a history of 17 years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Business Outsourcing 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 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Krishnadeva Veerareddy, Ian Sax, and Shantha Nearametla serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2007PTC054661

  • Company No.

    054661

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Business Outsourcing
Information Technology

Who are the key members and board of directors at Shore Infotech India?

Executive Team (1)

Name Designation Appointment Date Status
Krishnadeva Veerareddy Country flag representing Us Managing Director 28-Jun-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Ian Sax Country flag representing Us Director 28-Jun-2007 Current
Shantha Nearametla Country flag representing In Director 07-Jan-2011 Current

Financial Performance of Shore Infotech India.

Shore Infotech India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.35% decrease. The company also saw a substantial fall in profitability, with a 15.49% decrease in profit. The company's net worth moved up by a moderate rise of 5.53%.

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
-14.35%
Revenue from Operations
-15.34%
Total Assets
13.76%
Profit or Loss
-15.49%
Net Worth
5.53%
EBITDA
-26.99%

What is the Ownership and Shareholding Structure of Shore Infotech India?

In 2023, Shore Infotech India had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Shore Infotech India?

Shore Infotech India has a workforce of 265 employees as of Apr 04, 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 Shore Infotech India, 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 Shore Infotech India'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 Shore Infotech India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Shore Infotech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Shantha Nearametla was appointed as a Director was appointed as a Director on 07 Jan 2011 & has been associated with this company since 14 years 1 month .

    07 Jan 2011

  • Director Appointment

    Krishnadeva Veerareddy was appointed as a Managing Director was appointed as a Managing Director on 28 Jun 2007 & has been associated with this company since 17 years 7 months .

    28 Jun 2007

  • Director Appointment

    Ian Matthew Sax was appointed as a Director was appointed as a Director on 28 Jun 2007 & has been associated with this company since 17 years 7 months .

    28 Jun 2007

  • Company Incorporation

    Shore Infotech India Private Limited was registered on 28 Jun 2007 with Roc Hyderabad & aged 17 years 7 months as per MCA records.

    28 Jun 2007

Frequently asked questions

  • Shore Infotech India Private Limited was incorporated on 28 Jun 2007.

  • The authorized share capital of Shore Infotech India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Shore Infotech India Private Limited.

    • Krishnadeva Veerareddy
    • Ian Matthew Sax
    • Shantha Nearametla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shore Infotech India Private Limited is Plot No 101 Road 44, Kavuri Hills (Phase - Ii) Madhapur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Shore Infotech India Private Limited is U72200TG2007PTC054661 and the company number is 054661 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shore Infotech India Private Limited is https://www.shoregrp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shore Infotech India Private Limited has fallen by -14.35%.

  • As Per 2023 financial reports, 265 employees are currently employed by Shore Infotech India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shore Infotech India Private Limited has experienced an upsurge of 5.53%.

  • The most recent Balance Sheet for Shore Infotech India Private Limited was filed with the ROC on 31 Mar 2023.

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