Techurate Systems Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.17 M
- Company Age 9 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.30 Cr
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth 19.34%
- Profit Growth -57.94%
- Ebitda -44.13%
- Net Worth 8.14%
- Total Assets 31.61%
About Techurate Systems
Techurate Systems Private Limited (TSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 June 2015 (Nine years and eight months 27 days old ). 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 1.50 M and a paid-up capital of Rs 1.17 M.
The company currently has active open charges totaling ₹19.30 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Padmaprasada, Harshavardhan Pusala, Ramya Murali, and One other member 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
U72200KA2015PTC080897
- Company No.
080897
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 2015
- Date of AGM
11 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Techurate Systems Private Limited offer?
Techurate Systems Private Limited offers a wide range of products and services, including Inspection & Quality Check Services, Quality Inspection Service, Wood, Plywood, Veneer & Laminates, Wood Veneer, IT, Networking & Automation Solution, IT Consultancy.
Techurate Systems Private Limited
Explore comprehensive data for Techurate Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Techurate Systems?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramya Murali  | Director | 16-Jun-2015 | Current |
| Padmaprasada | Director | 26-Jun-2023 | Current |
| Harshavardhan Pusala | Director | 16-Jun-2015 | Current |
| Mohan Lakshmikantha | Director | 05-Apr-2019 | Current |
Financial Performance of Techurate Systems.
Techurate Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.34% increase. The company also saw a substantial fall in profitability, with a 57.94% decrease in profit. The company's net worth moved up by a moderate rise of 8.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Techurate Systems?
In 2023, Techurate Systems 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)
Shashwatha Nidhi LimitedPadmaprasada is a mutual person
Modus Software Solutions Private LimitedMohan Lakshmikantha is a mutual person
Modus Information Systems Private LimitedMohan Lakshmikantha is a mutual person
Impilo Sensys Private LimitedPadmaprasada is a mutual person
Ayika Innovatie Private LimitedPadmaprasada is a mutual person
Techverve Solutions Private LimitedPadmaprasada is a mutual person
Charges (Loans)
Open Charges
₹193.00 M
Satisfied Charges
₹100.00 M
Charges Breakdown by Lending Institutions
- Others : 16.80 Cr
- Hdfc Bank Limited : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2024 | Others | ₹13.50 Cr | Open |
| 25 Feb 2022 | Hdfc Bank Limited | ₹2.50 Cr | Open |
| 02 Mar 2020 | Others | ₹3.30 Cr | Open |
| 19 Nov 2022 | Others | ₹9.00 Cr | Satisfied |
| 29 Jun 2020 | State Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Techurate Systems?
Techurate Systems has a workforce of 83 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 Techurate Systems, 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 Techurate Systems'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.
Latest Updates, News, and FAQs on Techurate Systems
Recent activity within the organization
- Annual General Meeting
Techurate Systems Private Limited last Annual general meeting of members was held on 11 Nov 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 135.00 M with Charge ID 101002574 was registered on 14 Oct 2024.
- Charges
A charge registered on 19 Nov 2022 via Charge ID 100664284 with Others was fully satisfied on 23 Jul 2024.
- Balance Sheet
Techurate Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Padmaprasada was appointed as a Director was appointed as a Director on 26 Jun 2023 & has been associated with this company since 1 year 8 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 25.00 M registered on 25 Feb 2022 with Charge ID 100561787 was modified on 15 Jun 2023.
Recent News, Updates & Announcement
- Techurate bags award for innovation in ‘Smart Branch - Enabling Virtual Banking’ at Technoviti Awards 2023 | Technology.
Mumbai 3th may 2023 Techurate Systems Pvt Ltd a Global Smart Banking technology company received the award for innovation in Smart Branch - Enabling Virtual Banking in the Technoviti Awards 2023 The 9th Edition of Technoviti Awards 2023 was held in Mumbai on the 26th of April There were 42 nominations which underwent scrutiny of the jury members and EY on the innovative quotient of the product Smart Branch before conferring this prestigious award to Techurate.
Frequently asked questions
What is the Incorporation or founding date of Techurate Systems Private Limited?
Techurate Systems Private Limited was incorporated on 16 Jun 2015.
What is authorized share capital and paid-up capital of Techurate Systems Private Limited?
The authorized share capital of Techurate Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.17 M.
Who are the current board members & directors of Techurate Systems Private Limited?
Currently 4 directors are associated with Techurate Systems Private Limited.
- Padmaprasada
- Harshavardhan Pusala
- Ramya Murali
- Mohan Kumar Koratagere Lakshmikantha
What is the registered address of Techurate Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Techurate Systems Private Limited is 184/185 Third Floor Tapaswiji Info Park Epip Zone, Whitefield India, Bangalore South, Karnataka, 560066.
What is the corporate identification number (CIN) and company number of Techurate Systems Private Limited?
The corporate identification number (CIN) of Techurate Systems Private Limited is U72200KA2015PTC080897 and the company number is 080897 as per Ministry of Corporate Affairs (MCA).
What is the official website of Techurate Systems Private Limited?
The Official website of Techurate Systems Private Limited is https://www.techurate.com
What has been the recent revenue trend for Techurate Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Techurate Systems Private Limited has risen by 19.34%.
How many employees does Techurate Systems Private Limited currently have?
As Per 2023 financial reports, 83 employees are currently employed by Techurate Systems Private Limited.
What change has been observed in the net worth of Techurate Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Techurate Systems Private Limited has experienced an upsurge of 8.14%.
What are the total open charges for Techurate Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Techurate Systems Private Limited amount to ₹ 19.30 Cr.
When was the last Balance Sheet of Techurate Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Techurate Systems Private Limited was filed with the ROC on 31 Mar 2024.
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