Techurate Systems Private Limited

Provides IT consulting, programming, and software products for banks and schools.

2015 | Bangalore South, Karnataka (India) | Active
Last Updated: June 17, 2024

Techurate Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.17 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.80 Cr
  • Satisfied Charges ₹ 1.00 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 seven months 22 days old ). Its registered office is in Bangalore South, 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 2023. 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 ₹14.80 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohan Lakshmikantha, Ramya Murali, Harshavardhan Pusala, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore South, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

Who are the key members and board of directors at Techurate Systems?

Board Members (4)

Name Designation Appointment Date Status
Ramya Murali Country flag representing In Director 16-Jun-2015 Current
Padmaprasada Country flag representing In Director 26-Jun-2023 Current
Harshavardhan Pusala Country flag representing In Director 16-Jun-2015 Current
Mohan Lakshmikantha Country flag representing In 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%.

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
19.34%
Revenue from Operations
17.43%
Total Assets
31.61%
Profit or Loss
-57.94%
Net Worth
8.14%
EBITDA
-44.13%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹148.00 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.30 Cr
  • Hdfc Bank Limited : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
19 Nov 2022 Others ₹9.00 Cr Open
25 Feb 2022 Hdfc Bank Limited ₹2.50 Cr Open
02 Mar 2020 Others ₹3.30 Cr Open
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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Techurate Systems

Recent activity within the organization

  • Annual General Meeting

    Techurate Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • 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 7 months .

    26 Jun 2023

  • 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.

    15 Jun 2023

  • Balance Sheet

    Techurate Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 90.00 M with Charge ID 100664284 was registered on 19 Nov 2022.

    19 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 100561787 was registered on 25 Feb 2022.

    25 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Techurate Systems Private Limited was incorporated on 16 Jun 2015.

  • The authorized share capital of Techurate Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.17 M.

  • Currently 4 directors are associated with Techurate Systems Private Limited.

    • Mohan Kumar Koratagere Lakshmikantha
    • Ramya Murali
    • Harshavardhan Pusala
    • Padmaprasada
  • 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 Whitefield, Bangalore South, Karnataka, India, 560066.

  • 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).

  • The Official website of Techurate Systems Private Limited is https://www.techurate.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Techurate Systems Private Limited has risen by 19.34%.

  • As Per 2023 financial reports, 83 employees are currently employed by Techurate Systems Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Techurate Systems Private Limited amount to ₹ 14.80 Cr.

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

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