Tessrac Innovations Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 16-11-2024
- Paid Up Capital ₹ 0.10 M
as on 16-11-2024
- Company Age 5 Year, 4 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.00 M
as on 16-11-2024
- Revenue 44.85%
(FY 2023)
- Profit 123.20%
(FY 2023)
- Ebitda 142.51%
(FY 2023)
- Net Worth 146.12%
(FY 2023)
- Total Assets 102.15%
(FY 2023)
About Tessrac Innovations
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 ₹6.00 M.
Narendra Reddy and Krishna Gadiparthi serve as directors at the Company.
- CIN/LLPIN
U72900AP2019PTC113646
- Company No.
113646
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Dec 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Tessrac Innovations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishna Gadiparthi  | Managing Director | 17-Dec-2019 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narendra Reddy | Director | 17-Dec-2019 | Current |
Financial Performance and Corporate Structure Insights of Tessrac Innovations.
Tessrac Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.85% increase. The company also saw a substantial improvement in profitability, with a 123.2% increase in profit. The company's net worth Soared by an impressive increase of 146.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tessrac Innovations?
In 2023, Tessrac Innovations 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)
The Vizagapatam Chamber Of Commerce & IndustryActive 93 years 10 monthsKrishna Gadiparthi is a mutual person
Inspiredge It Solutions Private LimitedActive 12 years 2 monthsNarendra Reddy and Krishna Gadiparthi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Jun 2024 | ₹6.00 M | Open |
How Many Employees Work at Tessrac Innovations?
Tessrac Innovations has a workforce of 40 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 Tessrac Innovations, 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 Tessrac Innovations'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.
