Somayaji Techserv India Private Limited

Provides software development, trading, and maintenance services for computer hardware and peripherals.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: January 02, 2025

Somayaji Techserv India Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 59.60%
  • Profit Growth -69.03%
  • Ebitda -96.70%
  • Net Worth -66.55%
  • Total Assets 49.57%

About Somayaji Techserv India

Somayaji Techserv India Private Limited (STIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2013 and has a history of 11 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Somayaji Technolabs India 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 2023. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Krishna Kocherlakota and Naveen Mandapati serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    somayaji-group.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2013PTC069350

  • Company No.

    069350

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Somayaji Techserv India Private Limited offer?

Somayaji Techserv India Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Telecom Services, Engg & Maintenance, Payment Processing Service, LED Display Board & Light Boxes, Moving Message Displays.

Who are the key members and board of directors at Somayaji Techserv India?

Executive Team (1)

Name Designation Appointment Date Status
Krishna Kocherlakota Country flag representing In Managing Director 28-May-2013 Current

Board Members (1)

Name Designation Appointment Date Status
Naveen Mandapati Country flag representing In Director 06-Sep-2021 Current

Financial Performance of Somayaji Techserv India.

Somayaji Techserv India Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 59.6% increase. The company also saw a substantial fall in profitability, with a 69.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.55%.

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
59.60%
Revenue from Operations
60.14%
Total Assets
49.57%
Profit or Loss
-69.03%
Net Worth
-66.55%
EBITDA
-96.70%

What is the Ownership and Shareholding Structure of Somayaji Techserv India?

In 2020, Somayaji Techserv India 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 Somayaji Techserv India?

Somayaji Techserv India has a workforce of 13 employees as of Apr 08, 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 Somayaji Techserv 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 Somayaji Techserv 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 Somayaji Techserv India

Recent activity within the organization

  • Annual General Meeting

    Somayaji Techserv 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

    Somayaji Techserv India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Naveen Mandapati was appointed as a Director was appointed as a Director on 06 Sep 2021 & has been associated with this company since 3 years 5 months .

    06 Sep 2021

  • Director Appointment

    Krishna Somayaji Kocherlakota was appointed as a Managing Director was appointed as a Managing Director on 28 May 2013 & has been associated with this company since 11 years 8 months .

    28 May 2013

  • Company Incorporation

    Somayaji Techserv India Private Limited was registered on 28 May 2013 with Roc Bangalore & aged 11 years 8 months as per MCA records.

    28 May 2013

Frequently asked questions

  • Somayaji Techserv India Private Limited was incorporated on 28 May 2013.

  • The authorized share capital of Somayaji Techserv India Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Somayaji Techserv India Private Limited.

    • Krishna Somayaji Kocherlakota
    • Naveen Mandapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somayaji Techserv India Private Limited is Flat No 401 Eden Park 20 Vittal Mallya Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Somayaji Techserv India Private Limited is U72200KA2013PTC069350 and the company number is 069350 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somayaji Techserv India Private Limited is https://www.somayaji-group.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Somayaji Techserv India Private Limited has risen by 59.60%.

  • As Per 2020 financial reports, 13 employees are currently employed by Somayaji Techserv India Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Somayaji Techserv India Private Limited has experienced an downturn of -66.55%.

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

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