Tangent Solutions (India) Private Limited

Software company providing supply chain finance and invoice processing solutions.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: October 24, 2024

Tangent Solutions (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.19 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth %
  • Profit Growth -139.34%
  • Ebitda -50.72%
  • Net Worth -1.60%
  • Total Assets -0.21%

About Tangent Solutions (India)

Tangent Solutions (India) Private Limited (TSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 2007 and has a history of 18 years and one month. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Tangent Net Solutions (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 2024. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 5.50 Cr.

The company currently has active open charges totaling ₹8.19 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thirkateh Krishna, Movva Ramakrishna, and Srinivasan Pattamadai serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tangentworld.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2007PTC052389

  • Company No.

    052389

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Tangent Solutions (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Thirkateh Krishna Country flag representing In Director 18-Jan-2007Current
Movva Ramakrishna Country flag representing In Additional Director 15-May-2014Current
Srinivasan Pattamadai Country flag representing In Additional Director 15-May-2014Current

Financial Performance of Tangent Solutions (India).

Tangent Solutions (India) Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 139.34% decrease in profit. The company's net worth dipped by a decrease of 1.6%.

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
Revenue from Operations
Total Assets
-0.21%
Profit or Loss
-139.34%
Net Worth
-1.60%
EBITDA
-50.72%

What is the Ownership and Shareholding Structure of Tangent Solutions (India)?

In 2023, Tangent Solutions (India) had a promoter holding of 85.54% and a public holding of 14.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.19 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 8.19 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2014State Bank Of Hyderabad₹6.50 CrOpen
10 Dec 2012State Bank Of Hyderabad₹6.90 MOpen
17 Jun 2009State Bank Of Hyderabad₹1.00 CrOpen
19 Jun 2009Small Industries Development Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Tangent Solutions (India)?

Unlock and access historical data on people associated with Tangent Solutions (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tangent Solutions (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 Tangent Solutions (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 Tangent Solutions (India)

Recent activity within the organization

  • Annual General Meeting

    Tangent Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Tangent Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 19 Jun 2009 via Charge ID 10166126 with Small Industries Development Bank Of India was fully satisfied on 13 Sep 2022.

    13 Sep 2022

  • Charges

    A charge with State Bank Of Hyderabad of Rs. 6.50 Cr registered on 11 Mar 2014 with Charge ID 10489792 was modified on 07 Oct 2014.

    07 Oct 2014

  • Director Appointment

    Movva Ramakrishna was appointed as a Additional Director was appointed as a Additional Director on 15 May 2014 & has been associated with this company since 10 years 9 months .

    15 May 2014

  • Director Appointment

    Srinivasan Sitapati Pattamadai was appointed as a Additional Director was appointed as a Additional Director on 15 May 2014 & has been associated with this company since 10 years 9 months .

    15 May 2014

Frequently asked questions

  • Tangent Solutions (India) Private Limited was incorporated on 18 Jan 2007.

  • The authorized share capital of Tangent Solutions (India) Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 3 directors are associated with Tangent Solutions (India) Private Limited.

    • Thirkateh Gopi Krishna
    • Movva Ramakrishna
    • Srinivasan Sitapati Pattamadai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tangent Solutions (India) Private Limited is Plot No.106 Flat No.401, Jyothi Estates Srinagar Colony India, Hyderabad, Telangana, 500073.

  • The corporate identification number (CIN) of Tangent Solutions (India) Private Limited is U72200TG2007PTC052389 and the company number is 052389 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tangent Solutions (India) Private Limited is https://www.tangentworld.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tangent Solutions (India) Private Limited has experienced an downturn of -1.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tangent Solutions (India) Private Limited amount to ₹ 8.19 Cr.

  • The most recent Balance Sheet for Tangent Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.

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