Saara It Solutions Private Limited - Company overview

Registered with ROC Bangalore on 2 March 2012, Saara It Solutions is an active private limited company that has been around for about 14 yea…

2012-03-02 Karkal, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50 Lakh–1 Cr
▲ 4.0%
FY 2023
PROFIT / LOSS
Loss · ₹10–50 Lakh
▼ -70.4%
FY 2023
EBITDA
Loss · ₹10–50 Lakh
▼ -1795.4%
FY 2023
NET WORTH
Loss · ₹10–50 Lakh
▼ -114.2%
FY 2023
TOTAL ASSETS
₹1–5 Cr
▼ -5.0%
FY 2023
EMPLOYEE COUNT
1–10
OPEN CHARGES
1
-
PAID-UP CAPITAL
1.70 Lakh
AUTHORISED CAPITAL
2.00 Lakh
COMPANY AGE
14 Years 8 Months
since 2012-03-02
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2025-01-23 14:35:18
SATISFIED CHARGES
2
14.00 Lakh

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Saara It Solutions covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
54/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (45), financial health (15), director (95) and company-foundation signals.
  • Operating for 14+ years.
Compliance Score High risk
45/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
15/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Saara It Solutions Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Bangalore on 2 March 2012, Saara It Solutions is an active private limited company that has been around for about 14 years. Its registered office is at Shrinivas, 2Nd Floor, Ananthashayana Road, Karkal, Karnataka.

Its filings describe the main line of business as computer programming, consultancy and related activities, which made up 100% of turnover.

Its two current directors - Karkalabhaskar Keerthan Kumar and Pallavi Kanthamangala Niranjan - were all appointed on 15 January 2022. The board changed around February 2022, when Rajesh Poojary and Sathish Poojary stepped down and new directors joined.

Paid-up capital stands at ₹1.7 lakh out of ₹2 lakh authorised. The last AGM on record was on 30 September 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. One charge (secured loan) is still open, with Axis Bank Limited among the lenders, and two more have been paid off.

Information Technology ••••••••
  • Location Shrinivas, 2Nd Floor, Ananthashayana Road, Karkal, Karnataka - 574104
  • Website saarasolutions.com
Legal NameSaara It Solutions Private Limited
CIN / LLPINU72900KA2012PTC062832
Company No.062832
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2012-03-02
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Saara It Solutions (2) Current board members from MCA filings, including designation and appointment details.

K
Director | Since 2022-01-15 | DIN: 09469246
P
Director | Since 2022-01-15 | DIN: 09469294

Financial Performance of Saara It Solutions Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50 Lakh–1 Cr ▲ 4.0%
P&L Loss · ₹10–50 Lakh ▼ -70.4%
EBITDA Loss · ₹10–50 Lakh ▼ -1795.4%
Net worth Loss · ₹10–50 Lakh ▼ -114.2%

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Charges of Saara It Solutions Open and satisfied charges registered against the company with MCA.

The Bharat Co-Operative Bank(Mumbai) Ltd : 14.00 Lakh
Axis Bank Limited : 6.98 Lakh
Open Charges: 1 Satisfied Charges: 2
Open -
Satisfied 14.00 Lakh
LenderAmountStatus
Axis Bank Limited
Creation Date: 19 Jan 2021
6.98 Lakh Open
The Bharat Co-Operative Bank(Mumbai) Ltd
Creation Date: 20 Mar 2018
6.50 Lakh Closed
The Bharat Co-Operative Bank(Mumbai) Ltd
Creation Date: 07 Dec 2012
7.50 Lakh Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Financial Ratios of Saara It Solutions Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Saara It Solutions Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Saara It Solutions EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Saara It Solutions GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Saara It Solutions Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Saara It Solutions MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Saara It Solutions Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Saara It Solutions Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Saara It Solutions?
MCA does not publish an "owner" field. Saara It Solutions is run by its directors, Karkalabhaskar Keerthan Kumar and Pallavi Kanthamangala Niranjan. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Saara It Solutions?
Saara It Solutions has two current directors: Karkalabhaskar Keerthan Kumar (since January 2022) and Pallavi Kanthamangala Niranjan (since January 2022).
What is CIN of Saara It Solutions?
The CIN of Saara It Solutions is U72900KA2012PTC062832. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, KA is Karnataka, 2012 is the year it was registered, PTC is the company type and 062832 is its registration number.
When was Saara It Solutions incorporated?
Saara It Solutions was incorporated on 2 March 2012 with ROC Bangalore. That makes it about 14 years old.
What is the registered address of Saara It Solutions?
The registered office on MCA records is Shrinivas, 2Nd Floor, Ananthashayana Road, Karkal, Karnataka - 574104.
What is the current status of Saara It Solutions?
MCA shows Saara It Solutions as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Saara It Solutions?
You can post to its registered office at Shrinivas, 2Nd Floor, Ananthashayana Road, Karkal, Karnataka - 574104 and use its website, https://saarasolutions.com.
What industry or business activity is Saara It Solutions associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Saara It Solutions?
Paid-up capital is ₹1.7 lakh and authorised capital is ₹2 lakh, so about 85% of the authorised amount has been issued.
When did Saara It Solutions last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Saara It Solutions?
One charge against Saara It Solutions is still open and two have been satisfied. Lenders named in the filings include Axis Bank Limited and The Bharat Co-Operative Bank(Mumbai) Ltd.
Have any directors left Saara It Solutions?
Yes, five former directors are on record. The most recent to leave were Sulakshana Dinesh Shettigar (September 2022), Rajesh Poojary (February 2022) and Sathish Poojary (February 2022).
What is the turnover or revenue of Saara It Solutions?
Based on filed financial statements, the revenue of Saara It Solutions for FY 2023 was in the ₹50 Lakh–1 Cr range. That is up 4.0% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Saara It Solutions?
For FY 2023, the net worth of Saara It Solutions was negative, in the ₹10–50 Lakh range.
How can I get the financial details of Saara It Solutions?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Saara It Solutions?
The website on record for Saara It Solutions is https://saarasolutions.com.
Which company owns saarasolutions.com?
saarasolutions.com is the website listed for Saara It Solutions Private Limited in its company records.
Saara It Solutions - is it listed or unlisted?
Saara It Solutions is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Saara It Solutions?
Saara It Solutions is registered with ROC Bangalore.
What is the company classification of Saara It Solutions?
MCA classifies Saara It Solutions as: Private Limited Indian Non-Government Company.
Does Saara It Solutions have GST registrations on file?
Yes, one active GST registration is linked to Saara It Solutions.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.