Tasman-Drive Software Private Limited - Due diligence report

A 360° intelligence report on Modasta: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

2015-05-11 Bangalore, Karnataka Strike Off Unlisted Active Non-Compliant
Share
Connect MCP
TS Tasman-Drive Software Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Modasta — 360° Intelligence Report

Generated from MCA filings & public records
46/100
Trust Score
Caution Indicated

Modasta is assessed as Caution Indicated with a Trust Score of 46/100. Modasta is a private limited indian non-government company incorporated in 2015, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.

Report generated on 30 Jul 2026 from the latest processed filings. Tasman-Drive Software Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
46/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
10/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 10/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2018 - filings overdue.
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
GEETHANJALI KOLAR RAMASWAMY 01234567 Director 01/04/2018 6 yrs Approved
ARTI SINGH 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • GEETHANJALI KOLAR RAMASWAMY has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Jp Ventures Limited
Subsidiaries
2
Group entities
2
Capital events
13 allotment(s) · 15 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Modasta Technologies Private Limited Subsidiary Company 74.00%
Jp Ventures Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 40
Growth signals & trust indicators
Revenue acceleration: +1.42 over 1 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 11+ years.
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (10/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence30/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Nov 2018
Director ceased
BIKRAM BARMAN
30 Sep 2018
Last AGM held
Annual general meeting
17 Sep 2018
Director ceased
PRAKASH KISHINCHAND AILDASANI
31 Mar 2018
Latest balance sheet
Filed with ROC
06 Dec 2017
Securities allotted
322 Equity Shares Without Differential Rights - 53.40 Lakh raised
02 Sep 2017
Securities allotted
597 Equity Shares Without Differential Rights - 99.01 Lakh raised
Securities allotted
613 Equity Shares Without Differential Rights - 1.02 cr raised
Securities allotted
37 Debentures - 1.85 cr raised
22 Jun 2017
Securities allotted
1002 Equity Shares Without Differential Rights - 1.90 cr raised
21 Jun 2017
Securities allotted
349 Equity Shares Without Differential Rights - 55.78 Lakh raised
13 Apr 2017
Securities allotted
38 Debentures - 1.90 cr raised
12 Apr 2017
Securities allotted
11220 Equity Shares Without Differential Rights - 9.70 cr raised
31 Mar 2017
Share transfer (FY 2017)
1128.00000000 shares to Pankaj
Share transfer (FY 2017)
550.00000000 shares to Kolar Geethanjali
Share transfer (FY 2017)
578.00000000 shares to Pankaj
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 1 financial year(s).
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
2 active director(s) / partner(s); review board churn before relying on management continuity.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 13 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Laxmona Software Private Limited U72200TG1999PTC032621 Hyderabad, Telangana, India
Kajal Marketing Private Limited U74130WB1996PTC082443 Kolkata, West Bengal, India
Larc Software Private Limited U72100KA1998PTC024359 Bangalore, Karnataka, India
Unicommerce Esolutions Pvt. Ltd. U72300DL2015PTC281794 New Delhi, Delhi, India
Olivesys Technologies Private Limited U72200KA2014PTC076459 Bangalore, Karnataka, India
Fixnix U74920TG2012PTC084335 Hyderabad, Telangana, India
Yaseer Innovative Software Private Limited U72300JH2015PTC003064 Ranchi, Jharkhand, India
Astronauts Services Private Limited U74140OR2015PTC019707 Bhubaneswar, Orissa, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Modasta before audits and certifications: compliance score 10/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Modasta: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 85/100, margin trends, ownership structure and peer set for Modasta - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 46/100, distress signals and MSME payment-delay disclosures - know whether Modasta pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Modasta - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Modasta an active company?

Modasta has MCA status “Strike Off” with a compliance score of 10/100 (Caution Indicated).

Is Modasta financially healthy?

Modasta has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Modasta?

Its overall Trust Score is 46/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Modasta?

The ultimate holding entity is Jp Ventures Limited. 2 active director(s) are on record.

Does Modasta have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Modasta up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 10/100 (Caution Indicated).

Is it risky to lend to Modasta?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.