Techracers Private Limited

Provides IT and computer services.

2017 | Indore, Madhya Pradesh (India) | Active
Last Updated: February 04, 2025

Techracers Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 Cr
  • Revenue Growth 113.42%
  • Profit Growth 303.08%
  • Ebitda 246.09%
  • Net Worth 176.09%
  • Total Assets 161.46%

About Techracers

Techracers Private Limited (TPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 February 2017 (Seven years and 11 months 23 days old ). Its registered office is in Indore, Madhya Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.50 Cr.

Ankur Maheshwari and Jyoti Maheshwari serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MP2017PTC042752

  • Company No.

    042752

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Information Technology

Who are the key members and board of directors at Techracers?

Board Members (2)

Name Designation Appointment Date Status
Ankur Maheshwari Country flag representing In Director 16-Feb-2017 Current
Jyoti Maheshwari Country flag representing In Director 04-Jan-2019 Current

Financial Performance of Techracers.

Techracers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 113.42% increase. The company also saw a substantial improvement in profitability, with a 303.08% increase in profit. The company's net worth Soared by an impressive increase of 176.09%.

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
113.42%
Revenue from Operations
111.57%
Total Assets
161.46%
Profit or Loss
303.08%
Net Worth
176.09%
EBITDA
246.09%

What is the Ownership and Shareholding Structure of Techracers?

In 2023, Techracers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.00 Cr
  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2024 Axis Bank Limited ₹4.00 Cr Open
23 Jan 2023 Others ₹1.50 Cr Open

How Many Employees Work at Techracers?

Techracers has a workforce of 189 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 Techracers, 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 Techracers'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 Techracers

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 40.00 M with Charge ID 100893310 was registered on 07 Mar 2024.

    07 Mar 2024

  • Annual General Meeting

    Techracers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Techracers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100676244 was registered on 23 Jan 2023.

    23 Jan 2023

  • Director Appointment

    Jyoti Maheshwari was appointed as a Director was appointed as a Director on 04 Jan 2019 & has been associated with this company since 6 years 1 month .

    04 Jan 2019

  • Director Appointment

    Ankur Maheshwari was appointed as a Director was appointed as a Director on 16 Feb 2017 & has been associated with this company since 7 years 11 months .

    16 Feb 2017

Frequently asked questions

  • Techracers Private Limited was incorporated on 16 Feb 2017.

  • The authorized share capital of Techracers Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Techracers Private Limited.

    • Ankur Maheshwari
    • Jyoti Maheshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Techracers Private Limited is 78 Ahilya Nagar Ext. Near Gopur Square India, Indore, Madhya Pradesh, 452009.

  • The corporate identification number (CIN) of Techracers Private Limited is U74999MP2017PTC042752 and the company number is 042752 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Techracers Private Limited is https://www.deqode.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Techracers Private Limited has risen by 113.42%.

  • As Per 2023 financial reports, 189 employees are currently employed by Techracers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Techracers Private Limited has experienced an upsurge of 176.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Techracers Private Limited amount to ₹ 5.50 Cr.

  • The most recent Balance Sheet for Techracers Private Limited was filed with the ROC on 31 Mar 2023.

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