Strapp Business Solutions Private Limited

Provides IT enabled services including web development, design, and e-commerce portals for various clients.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: January 25, 2025

Strapp Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.40 M
  • Revenue Growth -39.70%
  • Profit Growth 104.77%
  • Ebitda -38.26%
  • Net Worth 0.15%
  • Total Assets -3.76%

About Strapp Business Solutions

Strapp Business Solutions Private Limited (SBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 December 2003 and has a history of 21 years and two months. Its registered office is in Bangaluru, 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 1.00 M and a paid-up capital of Rs 0.30 M.

The company has closed loans amounting to ₹1.40 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mahadev Gupta and Ruchita Gupta 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

    U64202KA2003PTC032949

  • Company No.

    032949

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 2003

  • 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 Strapp Business Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Mahadev Gupta Country flag representing In Managing Director 02-Dec-2003 Current

Board Members (1)

Name Designation Appointment Date Status
Ruchita Gupta Country flag representing In Director 31-Mar-2015 Current

Financial Performance of Strapp Business Solutions.

Strapp Business Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.7% decrease. The company also saw a substantial improvement in profitability, with a 104.77% increase in profit. The company's net worth moved up by a moderate rise of 0.15%.

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
-39.70%
Revenue from Operations
-40.14%
Total Assets
-3.76%
Profit or Loss
104.77%
Net Worth
0.15%
EBITDA
-38.26%

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

In 2023, Strapp Business Solutions had a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.40 M

Charges Breakdown by Lending Institutions

  • The Karnataka Bank Ltd. : 0.08 Cr
  • The Karnataka Bank Limited : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
21 Apr 2010 The Karnataka Bank Ltd. ₹0.80 M Satisfied
05 Jan 2005 The Karnataka Bank Limited ₹0.60 M Satisfied

How Many Employees Work at Strapp Business Solutions?

Strapp Business Solutions has a workforce of 0 employees as of Apr 07, 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 Strapp 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 Strapp 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 Strapp Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Strapp Business 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

    Strapp 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 registered on 21 Apr 2010 via Charge ID 10217034 with The Karnataka Bank Ltd. was fully satisfied on 04 Jun 2018.

    04 Jun 2018

  • Charges

    A charge registered on 05 Jan 2005 via Charge ID 80004077 with The Karnataka Bank Limited was fully satisfied on 01 Jun 2018.

    01 Jun 2018

  • Charges

    A charge with The Karnataka Bank Limited of Rs. 0.60 M registered on 05 Jan 2005 with Charge ID 80004077 was modified on 05 Sep 2015.

    05 Sep 2015

  • Director Appointment

    Ruchita Mahadev Gupta was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 10 months .

    31 Mar 2015

Frequently asked questions

  • Strapp Business Solutions Private Limited was incorporated on 02 Dec 2003.

  • The authorized share capital of Strapp Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

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

    • Mahadev Madan Mohan Gupta
    • Ruchita Mahadev Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Strapp Business Solutions Private Limited is No.49 Basappa Road, Shantinagar India, Bangalore, Karnataka, 560027.

  • The corporate identification number (CIN) of Strapp Business Solutions Private Limited is U64202KA2003PTC032949 and the company number is 032949 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Strapp Business Solutions Private Limited is https://www.strapp.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Strapp Business Solutions Private Limited has fallen by -39.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Strapp Business Solutions Private Limited has experienced an upsurge of 0.15%.

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

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