Skysurge Business Solutions Private Limited

Provides ERP sales and implementation, financial and management consultancy services since 2009 in Bengaluru.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Skysurge Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.10 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.24 Cr
  • Revenue Growth 69.07%
  • Profit Growth 546.72%
  • Ebitda 1478.00%
  • Net Worth 79.70%
  • Total Assets 27.30%

About Skysurge Business Solutions

Skysurge Business Solutions Private Limited (SBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2009 and has a history of 15 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Mvr Financial Services 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 6.50 M and a paid-up capital of Rs 6.10 M.

The company currently has active open charges totaling ₹1.24 Cr.

Yeri Varun and Sachin serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74992KA2009PTC051775

  • Company No.

    051775

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2009

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Skysurge Business Solutions?

Board Members (2)

Name Designation Appointment Date Status
Yeri Varun Country flag representing In Director 17-Jul-2015 Current
Sachin Country flag representing In Director 08-Dec-2009 Current

Financial Performance of Skysurge Business Solutions.

Skysurge Business Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 69.07% increase. The company also saw a substantial improvement in profitability, with a 546.72% increase in profit. The company's net worth Soared by an impressive increase of 79.7%.

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
69.07%
Revenue from Operations
66.37%
Total Assets
27.30%
Profit or Loss
546.72%
Net Worth
79.70%
EBITDA
1478.00%

What is the Ownership and Shareholding Structure of Skysurge Business Solutions?

In 2022, Skysurge Business Solutions had a promoter holding of 92.00% and a public holding of 8.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.38 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.75 Cr
  • State Bank Of India : 0.49 Cr

Latest Charge Details

Date Lender Amount Status
26 Nov 2024 Others ₹7.50 M Open
04 Feb 2016 State Bank Of India ₹4.88 M Open

How Many Employees Work at Skysurge Business Solutions?

Skysurge Business Solutions has a workforce of 18 employees as of Apr 09, 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 Skysurge Business Solutions, 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 Skysurge Business Solutions'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 Skysurge Business Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 101010964 was registered on 26 Nov 2024.

    26 Nov 2024

  • Annual General Meeting

    Skysurge Business Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Skysurge Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 4.88 M registered on 04 Feb 2016 with Charge ID 10621188 was modified on 13 Jul 2023.

    13 Jul 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.88 M with Charge ID 10621188 was registered on 04 Feb 2016.

    04 Feb 2016

  • Director Appointment

    Yeri Bharadwaj Srinivasamurthy Varun was appointed as a Director was appointed as a Director on 17 Jul 2015 & has been associated with this company since 9 years 6 months .

    17 Jul 2015

Frequently asked questions

  • Skysurge Business Solutions Private Limited was incorporated on 08 Dec 2009.

  • The authorized share capital of Skysurge Business Solutions Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.10 M.

  • Currently 2 directors are associated with Skysurge Business Solutions Private Limited.

    • Yeri Bharadwaj Srinivasamurthy Varun
    • Sachin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Skysurge Business Solutions Private Limited is No. 587 2Nd Floor Main Road Phase Hoskerehalli Layout, Banashankari 3Rd S Tage India, Bangalore, Karnataka, 560085.

  • The corporate identification number (CIN) of Skysurge Business Solutions Private Limited is U74992KA2009PTC051775 and the company number is 051775 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Skysurge Business Solutions Private Limited is https://www.sky-surge-business-solutions-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Skysurge Business Solutions Private Limited has risen by 69.07%.

  • As Per 2022 financial reports, 18 employees are currently employed by Skysurge Business Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Skysurge Business Solutions Private Limited has experienced an upsurge of 79.70%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Skysurge Business Solutions Private Limited amount to ₹ 1.24 Cr.

  • The most recent Balance Sheet for Skysurge Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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