Srit India Private Limited

Software development and implementation for various industries, with focus on enhancing performance and providing quality solutions.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated:

Srit India Profile

Key Indicators

  • Authorised Capital ₹ 155.15 Cr
  • Paid Up Capital ₹ 26.95 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.69 Cr
  • Satisfied Charges ₹ 143.46 Cr
  • Revenue Growth -2.60%
  • Profit Growth 36.83%
  • Ebitda 30.99%
  • Net Worth 74.31%
  • Total Assets 33.87%

About Srit India

Srit India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 September 1999 and has a history of 25 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Sobha Renaissance Information Technology 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 155.15 Cr and a paid-up capital of Rs 26.95 Cr.

The company currently has active open charges totaling ₹15.69 Cr. The company has closed loans amounting to ₹143.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Srit India Private Limited India are Deepshikha Sharma as COMPANY SECRETARY and Nambiar Madhusoodan as Ceo. Nambiar Madhusoodan, Martin Chacko, Prasaktha Nambiar, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA1999PTC025692

  • Company No.

    025692

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1999

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Srit India Private Limited

Explore comprehensive data for Srit India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Deepshikha Sharma Company Secretary03-Sep-2021Current
Nambiar Madhusoodan CEO01-Mar-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Nambiar Madhusoodan Country flag representing In Whole-Time Director 15-Sep-1999Current
Martin Chacko Country flag representing In Director 06-Jul-2019Current
Prasaktha Nambiar Country flag representing In Whole-Time Director 01-Apr-2009Current
Ramachandran Ravichandran Country flag representing In Director 16-Feb-2024Current

Financial Performance of Srit India.

Srit India Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.6% decrease. The company also saw a substantial improvement in profitability, with a 36.83% increase in profit. The company's net worth Soared by an impressive increase of 74.31%.

Srit India revenue growth over time
Srit India 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
-2.60%
Revenue from Operations
-3.93%
Total Assets
33.87%
Profit or Loss
36.83%
Net Worth
74.31%
EBITDA
30.99%

What is the Ownership and Shareholding Structure of Srit India?

In 2022, Srit India had a promoter holding of 59.08% and a public holding of 40.92%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.69 Cr

Satisfied Charges

₹143.46 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.69 Cr

Latest Charge Details

DateLenderAmountStatus
05 Oct 2024Others₹7.02 MOpen
22 Jul 2024Others₹14.99 CrOpen
13 Mar 2008Corporation Bank₹8.45 CrSatisfied
21 Sep 2006The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrSatisfied
06 Apr 2006Axis Bank Limited₹27.50 CrSatisfied

How Many Employees Work at Srit India?

Srit India has a workforce of 173 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.

Employee growth trends for Srit India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Srit 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 Srit 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 Srit India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100994353 was registered on 05 Oct 2024.

  • Annual General Meeting

    Srit India Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 14.99 Cr with Charge ID 100953514 was registered on 22 Jul 2024.

  • Balance Sheet

    Srit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Nambiar Raghavan Madhusoodan was appointed as a Ceo was appointed as a Ceo on 01 Mar 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Ramachandran Ravichandran was appointed as a Director was appointed as a Director on 16 Feb 2024 & has been associated with this company since 1 year 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Srit India Private Limited?

    Srit India Private Limited was incorporated on 09 Sep 1999.

  • What is authorized share capital and paid-up capital of Srit India Private Limited?

    The authorized share capital of Srit India Private Limited is ₹ 155.15 Cr and paid-up capital is ₹ 26.95 Cr.

  • Who are the current board members & directors of Srit India Private Limited?

    Currently 6 directors are associated with Srit India Private Limited.

    • Nambiar Raghavan Madhusoodan
    • Martin Poovakulam Chacko
    • Prasaktha Nambiar
    • Deepshikha Sharma
    • Nambiar Raghavan Madhusoodan
    • Ramachandran Ravichandran
  • What is the registered address of Srit India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Srit India Private Limited is Srit House 113/1B Itpl Main Road Kundalahalli, India, Bangalore, Karnataka, 560037.

  • What is the corporate identification number (CIN) and company number of Srit India Private Limited?

    The corporate identification number (CIN) of Srit India Private Limited is U72200KA1999PTC025692 and the company number is 025692 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Srit India Private Limited?

    The Official website of Srit India Private Limited is https://www.sritindia.online

  • What has been the recent revenue trend for Srit India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Srit India Private Limited has fallen by -2.60%.

  • How many employees does Srit India Private Limited currently have?

    As Per 2022 financial reports, 173 employees are currently employed by Srit India Private Limited.

  • What change has been observed in the net worth of Srit India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Srit India Private Limited has experienced an upsurge of 74.31%.

  • What are the total open charges for Srit India Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Srit India Private Limited amount to ₹ 15.69 Cr.

  • When was the last Balance Sheet of Srit India Private Limited filed with the ROC?

    The most recent Balance Sheet for Srit India Private Limited was filed with the ROC on 31 Mar 2024.

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