Smart It-Solutions Private Limited

IT solutions and services for various industries, including SAP support.

2001 | Ramanagar, Karnataka (India) | Active
Last Updated: January 01, 2025

Smart It-Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.15 Cr
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -11.73%
  • Profit Growth 52.80%
  • Ebitda -3.55%
  • Net Worth -151.30%
  • Total Assets -1.59%

About Smart It-Solutions

Smart It-Solutions Private Limited (SIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 08 March 2001 and has a history of 23 years and 11 months. Its registered office is in Ramanagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anand Maasti, Mohammad Alwazzan, Abdulrahman Alwazzan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ramanagar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    smartit.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2001FTC028725

  • Company No.

    028725

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    08 Mar 2001

  • Date of AGM

    30 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 Smart It-Solutions?

Board Members (5)

Name Designation Appointment Date Status
Anand Maasti Country flag representing In Director 13-Aug-2014 Current
Mohammad Alwazzan Country flag representing Kw Director 08-Jan-2003 Current
Abdulrahman Alwazzan Country flag representing Kw Director 08-Jan-2003 Current
Motasem Alwazzan Country flag representing Kw Director 08-Mar-2001 Current
Muntaser Alwazzan Country flag representing Kw Director 08-Mar-2001 Current

Financial Performance of Smart It-Solutions.

Smart It-Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.73% decrease. The company also saw a substantial improvement in profitability, with a 52.8% increase in profit. The company's net worth observed a substantial decline by a decrease of 151.3%.

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
-11.73%
Revenue from Operations
-33.89%
Total Assets
-1.59%
Profit or Loss
52.80%
Net Worth
-151.30%
EBITDA
-3.55%

What is the Ownership and Shareholding Structure of Smart It-Solutions?

In 2021, Smart It-Solutions had a promoter holding of 100.00%. 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 Smart It-Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Smart It-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 Smart It-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 Smart It-Solutions

Recent activity within the organization

  • Annual General Meeting

    Smart It-Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Anand Ramaswamy Maasti was appointed as a Director was appointed as a Director on 13 Aug 2014 & has been associated with this company since 10 years 6 months .

    13 Aug 2014

  • Director Appointment

    Mohammad Jassim Mohammad Alwazzan was appointed as a Director was appointed as a Director on 08 Jan 2003 & has been associated with this company since 22 years 1 month .

    08 Jan 2003

  • Director Appointment

    Abdulrahman Jassem Mohammad Ali Alwazzan was appointed as a Director was appointed as a Director on 08 Jan 2003 & has been associated with this company since 22 years 1 month .

    08 Jan 2003

  • Director Appointment

    Motasem Jassim Mohammad Ali Alwazzan was appointed as a Director was appointed as a Director on 08 Mar 2001 & has been associated with this company since 23 years 11 months .

    08 Mar 2001

Frequently asked questions

  • Smart It-Solutions Private Limited was incorporated on 08 Mar 2001.

  • The authorized share capital of Smart It-Solutions Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.15 Cr.

  • Currently 5 directors are associated with Smart It-Solutions Private Limited.

    • Anand Ramaswamy Maasti
    • Mohammad Jassim Mohammad Alwazzan
    • Abdulrahman Jassem Mohammad Ali Alwazzan
    • Motasem Jassim Mohammad Ali Alwazzan
    • Muntaser J M A Alwazzan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Smart It-Solutions Private Limited is Plot No. 270 271 Hoarohalli Industrial Area 2Nd Phase Kanakapura Taluk, Ramanagar D Istrict India, Bengaluru, Karnataka, 562112.

  • The corporate identification number (CIN) of Smart It-Solutions Private Limited is U72200KA2001FTC028725 and the company number is 028725 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Smart It-Solutions Private Limited is https://www.smartit.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Smart It-Solutions Private Limited has fallen by -11.73%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Smart It-Solutions Private Limited has experienced an downturn of -151.30%.

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

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