Shradha Ai Technologies Limited

Provides IT services and distributes tobacco products.

1990 | Nagpur, Maharashtra (India) | Active
Last Updated:

Shradha Ai Technologies Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.19 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.57 Cr
  • Revenue Growth -40.28%
  • Profit Growth -83.29%
  • Ebitda -103.05%
  • Net Worth 92.05%
  • Total Assets 81.34%

About Shradha Ai Technologies

Shradha Ai Technologies Limited (SATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 January 1990 and has a history of 35 years and two months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Shradha Distributors Private 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 2024. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 12.19 Cr.

The company has closed loans amounting to ₹5.57 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shradha Ai Technologies Limited India are Harsha Bandhekar as COMPANY SECRETARY and Pritam Raisoni as Cfo. Archana Bhole, Kalpesh Bafna, Vineet Ladhania, and Five other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shradhaindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L51227MH1990PLC054825

  • Company No.

    054825

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1990

  • Date of AGM

    19 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

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

Executive Team (3)

NameDesignationAppointment DateStatus
Harsha Bandhekar Company Secretary12-Feb-2022Current
Pritam Raisoni Country flag representing In CFO24-Jun-2014Current
Sunil Raisoni Country flag representing In Managing Director18-Nov-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Vineet Ladhania Country flag representing In Director Current
Siddharth Raisoni Country flag representing In Additional Director 27-Aug-2024Current
Chanda Sinhababu Country flag representing In Additional Director 30-Oct-2024Current
Archana Bhole Country flag representing In Director 15-Apr-2023Current
Kalpesh Bafna Country flag representing In Director 25-Mar-2016Current
Ajay Gandhi Country flag representing In Director 07-Nov-2022Current

Financial Performance of Shradha Ai Technologies.

Shradha Ai Technologies Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.28% decrease. The company also saw a substantial fall in profitability, with a 83.29% decrease in profit. The company's net worth Soared by an impressive increase of 92.05%.

Shradha Ai Technologies revenue growth over time
Shradha Ai 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
-40.28%
Revenue from Operations
-44.64%
Total Assets
81.34%
Profit or Loss
-83.29%
Net Worth
92.05%
EBITDA
-103.05%

What is the Ownership and Shareholding Structure of Shradha Ai Technologies?

In 2023, Shradha Ai Technologies had a promoter holding of 74.66% and a public holding of 25.34%. 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

₹5.57 Cr

Charges Breakdown by Lending Institutions

  • Shikshak Sahakari Bank Ltd. : 3.67 Cr
  • Icici Bank Ltd. : 1.00 Cr
  • Icici Bank Limited : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
28 Nov 2003Icici Bank Limited₹9.00 MSatisfied
27 Nov 2002Icici Bank Ltd.₹9.98 MSatisfied
08 Feb 2000Shikshak Sahakari Bank Ltd.₹2.00 CrSatisfied
19 Mar 1997Shikshak Sahakari Bank Ltd.₹1.25 CrSatisfied
25 Jan 1997Shikshak Sahakari Bank Ltd.₹4.20 MSatisfied

How Many Employees Work at Shradha Ai Technologies?

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

Employee growth trends for Shradha Ai Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shradha Ai 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 Shradha Ai 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 Shradha Ai Technologies

Recent activity within the organization

  • Director Appointment

    Chanda Birendrakumar Sinhababu was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2024 & has been associated with this company since 4 months 4 days .

  • Director Appointment

    Siddharth Shekhar Raisoni was appointed as a Additional Director was appointed as a Additional Director on 27 Aug 2024 & has been associated with this company since 6 months 7 days .

  • Annual General Meeting

    Shradha Ai Technologies Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Shradha Ai Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Archana Pankaj Bhole was appointed as a Director was appointed as a Director on 15 Apr 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Kalpesh Lalitkumar Bafna was appointed as a Director was appointed as a Director on 25 Mar 2016 & has been associated with this company since 8 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Shradha Ai Technologies Limited?

    Shradha Ai Technologies Limited was incorporated on 01 Jan 1990.

  • What is authorized share capital and paid-up capital of Shradha Ai Technologies Limited?

    The authorized share capital of Shradha Ai Technologies Limited is ₹ 12.50 Cr and paid-up capital is ₹ 12.19 Cr.

  • Who are the current board members & directors of Shradha Ai Technologies Limited?

    Currently 10 directors are associated with Shradha Ai Technologies Limited.

    • Archana Pankaj Bhole
    • Kalpesh Lalitkumar Bafna
    • Vineet Ladhania
    • Ajay Kumar Gandhi
    • Anjana Tolani
    • Harsha Ramesh Bandhekar
    • Pritam Avinash Raisoni
    • Chanda Birendrakumar Sinhababu
    • Siddharth Shekhar Raisoni
    • Sunil Raisoni

  • What is the registered address of Shradha Ai Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shradha Ai Technologies Limited is 1St Floor 345 Shradha House Kingsway Road, India, Nagpur, Maharashtra, 440001.

  • What is the corporate identification number (CIN) and company number of Shradha Ai Technologies Limited?

    The corporate identification number (CIN) of Shradha Ai Technologies Limited is L51227MH1990PLC054825 and the company number is 054825 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shradha Ai Technologies Limited?

    The Official website of Shradha Ai Technologies Limited is https://www.shradhaindustries.com

  • What has been the recent revenue trend for Shradha Ai Technologies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shradha Ai Technologies Limited has fallen by -40.28%.

  • What change has been observed in the net worth of Shradha Ai Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shradha Ai Technologies Limited has experienced an upsurge of 92.05%.

  • When was the last Balance Sheet of Shradha Ai Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Shradha Ai Technologies Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on IT Consulting & Support Services