Suntec Business Solutions Private Limited

Provides software and hardware solutions for businesses through design and development services.

1998 | Chennai, Tamil Nadu (India) | Merged
Last Updated: January 17, 2025

Suntec Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 50.31 Cr
  • Paid Up Capital ₹ 40.26 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 46.50 Cr
  • Revenue Growth -18.73%
  • Profit Growth -76.60%
  • Ebitda -100.99%
  • Net Worth 4.84%
  • Total Assets 7.97%

About Suntec Business Solutions

Suntec Business Solutions Private Limited (SBSPL) is Amalgamated company established on 02 Dec 1998 with its office registered at Chennai, Tamil Nadu, India and has been running since 26 Year, 2 Months with a paid up capital of 40.26 Cr. According to MCA records, 4 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    suntecgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140TN1998PTC132306

  • Company No.

    132306

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1998

  • Date of AGM

    17 Oct 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Suntec Business Solutions Private Limited offer?

Suntec Business Solutions Private Limited offers a wide range of products and services, including GST & PAN Registrations, PAN Card Services, Investment Service, Investment Management Services.

Who are the key members and board of directors at Suntec Business Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Nandakumar Nair Country flag representing In Managing Director20-May-2000Current
Vittal Rao Country flag representing In CFO27-Jun-2012Current
Ramkumar Hariharan Country flag representing In Company Secretary08-Oct-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Vijaya Pillai Country flag representing In Director 25-Oct-2000Current
Asha Kunjamma Country flag representing In Director 01-Jun-2000Current
Deepak Vaidya Country flag representing In Director 08-Nov-2011Current

Financial Performance of Suntec Business Solutions.

Suntec Business Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 18.73% decrease. The company also saw a substantial fall in profitability, with a 76.6% decrease in profit. The company's net worth moved up by a moderate rise of 4.84%.

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
-18.73%
Revenue from Operations
-22.48%
Total Assets
7.97%
Profit or Loss
-76.60%
Net Worth
4.84%
EBITDA
-100.99%

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

In 2020, Suntec Business Solutions had a promoter holding of 80.69% and a public holding of 19.31%. The company had 1 Subsidiary and 2 Associate Companies. 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

₹46.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 46.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jul 2015State Bank Of Travancore₹23.00 CrSatisfied
11 Apr 2007State Bank Of Travancore₹23.50 CrSatisfied

How Many Employees Work at Suntec Business Solutions?

Suntec Business Solutions has a workforce of 363 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 Suntec 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 Suntec 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 Suntec Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Suntec Business Solutions Private Limited last Annual general meeting of members was held on 17 Oct 2020 as per latest MCA records.

    17 Oct 2020

  • Balance Sheet

    Suntec Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.

    31 Mar 2020

  • Charges

    A charge registered on 09 Jul 2015 via Charge ID 10582689 with State Bank Of Travancore was fully satisfied on 22 Oct 2019.

    22 Oct 2019

  • Director Appointment

    Ramkumar Hariharan was appointed as a Company Secretary was appointed as a Company Secretary on 08 Oct 2015 & has been associated with this company since 9 years 4 months .

    08 Oct 2015

  • Charges

    A charge registered on 11 Apr 2007 via Charge ID 10053576 with State Bank Of Travancore was fully satisfied on 22 Jul 2015.

    22 Jul 2015

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 23.00 Cr with Charge ID 10582689 was registered on 09 Jul 2015.

    09 Jul 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Suntec Business Solutions Private Limited was incorporated on 02 Dec 1998.

  • The authorized share capital of Suntec Business Solutions Private Limited is ₹ 50.31 Cr and paid-up capital is ₹ 40.26 Cr.

  • Currently 6 directors are associated with Suntec Business Solutions Private Limited.

    • Nandakumar Krishnan Nair
    • Asha Bhagavathy Kunjamma
    • Vijaya Raghavan Gopala Pillai
    • Deepak Calian Vaidya
    • Vittal Rajaram Suresh Rao
    • Ramkumar Hariharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suntec Business Solutions Private Limited is Cititower Sixth Floor Door No.7 3Rd Cross Street Kasturibai Nagar, Adyar India, Chennai, Tamil Nadu, 600020.

  • The corporate identification number (CIN) of Suntec Business Solutions Private Limited is U74140TN1998PTC132306 and the company number is 132306 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suntec Business Solutions Private Limited is https://www.suntecgroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Suntec Business Solutions Private Limited has fallen by -18.73%.

  • As Per 2020 financial reports, 363 employees are currently employed by Suntec Business Solutions Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Suntec Business Solutions Private Limited has experienced an upsurge of 4.84%.

  • The most recent Balance Sheet for Suntec Business Solutions Private Limited was filed with the ROC on 31 Mar 2020.

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