Stratosphere It Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 15-06-2024
- Paid Up Capital ₹ 0.50 M
as on 15-06-2024
- Company Age 12 Year, 20 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.96 Cr
as on 15-06-2024
- Satisfied Charges ₹ 13.10 Cr
as on 15-06-2024
- Revenue 25.07%
(FY 2023)
- Profit 87.86%
(FY 2023)
- Ebitda 70.30%
(FY 2023)
- Net Worth 30.80%
(FY 2023)
- Total Assets 47.56%
(FY 2023)
About Stratosphere It Services
The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹16.96 Cr. The company has closed loans amounting to ₹13.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Srinivas Mullapudi, Rakesh Tummala, and Satyavathi Vallabhaneni serve as directors at the Company.
- CIN/LLPIN
U72200TG2012PTC085068
- Company No.
085068
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Dec 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Shaikpet, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Stratosphere It Services?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivas Mullapudi  | Director | 15-May-2019 | Current |
| Rakesh Tummala | Director | 02-May-2018 | Current |
| Satyavathi Vallabhaneni | Director | 28-Dec-2012 | Current |
Financial Performance of Stratosphere It Services.
Stratosphere It Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.07% increase. The company also saw a substantial improvement in profitability, with a 87.86% increase in profit. The company's net worth Soared by an impressive increase of 30.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Stratosphere It Services?
In 2023, Stratosphere It Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Usg Infotech Private LimitedActive 4 years 3 monthsRakesh Tummala and Satyavathi Vallabhaneni are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 25 May 2022 | ₹12.00 Cr | Open |
Axis Bank Limited Creation Date: 20 Oct 2021 | ₹4.96 Cr | Open |
Others Creation Date: 24 Feb 2021 | ₹2.35 Cr | Satisfied |
How Many Employees Work at Stratosphere It Services?
Stratosphere It Services has a workforce of 691 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Stratosphere It Services, 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 Stratosphere It Services's trajectory.
Rating
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
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.
