Startup India Government of India
Appworks Technologies Private Limited - information technology in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.57 Lakh
▲ 264% YoY
Net loss · FY 2024
₹1.24 Lakh
Net margin -11.7%
EBITDA · FY 2024
-₹62,310
EBITDA margin -5.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Appworks Technologies Private Limited
Data last updated:
Appworks Technologies Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U93090UP2017PTC090367. Its GSTIN is 09AAPCA1540H1ZO (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vivek Jaiswal and Anktika Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 288/6 Naubasta Gulab Singh Ka Hata, Kanpur, Uttar Pradesh, India – 208012.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -11.7%) and EBITDA of -₹62,310 (EBITDA margin -5.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 29% over five years.
The company is associated with 5 brands: Letslaunch, Appworks Pay, AppWorks Technologies, Appworkspay and App Works Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website letslaunch.in.
Company details
CIN U93090UP2017PTC090367
Registration Number 090367
Incorporation Date 13 February 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Vivek Jaiswal Director Anktika Singh Director Recognitions & Rankings of Appworks Technologies
Contact details
Appworks Technologies Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is letslaunch.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address288/6 Naubasta Gulab Singh Ka Hata, Kanpur, Uttar Pradesh, India – 208012
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Appworks Technologies Private Limited, buy the company report.
Comprehensive company report
Appworks Technologies Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Appworks Technologies operates multiple associated brands including Letslaunch, APPWORKS PAY, and AppWorks Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an e-commerce store offering multi-category grocery products. | appworkspay.in | |
| Offers professional mobile app and web development services to clients. | appworkstechnologies.in | |
| Offers cloud-based payment, tax management, and branding solutions for businesses. | appworkspay.com | |
| Mobile applications are developed and maintained by App Works Technologies. | appworkstechnologies.com | |
| Offers agent-based solutions for payment processing. | letslaunch.in |
Business activity
The main business activity of Appworks Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Appworks Technologies Private Limited, buy the company report.
Financials of Appworks Technologies Private Limited
FY 2024 filings availableAppworks Technologies Private Limited reported revenue of ₹10.57 Lakh (up 264% YoY) for FY 2024.
Revenue · FY 2024
₹10.57 Lakh ▲ 264%
Net loss · FY 2024
₹1.24 Lakh margin -11.7%
EBITDA · FY 2024
-₹62,310 margin -5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 264%
3 years · compounded
▼ 33%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 22%
5 years · compounded
▲ 1%
Revenue rose 264% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 64% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹62,310 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.24 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.9% | ||||
| Net Profit Margin | -11.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Appworks Technologies Private Limited, buy the company report.
Board of directors of Appworks Technologies Private Limited
Appworks Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Jaiswal Also directs: Ferryglobal Services Private Limited | Director | 13 Feb 2017 | 9 Years 9 Months | Current |
| Anktika Singh | Director | 13 Feb 2017 | 9 Years 9 Months | Current |
Peer comparison
Appworks Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venvik Consultancy Services Private Limited | ₹10.58 Lakh (FY 2021) | -60.0% | Hyderabad, Telangana, India | |||
| Rukma Elechem Private Limited | ₹10.58 Lakh (FY 2019) | -14.0% | Chennai, Tamil Nadu, India | |||
| Ifortz Solutions Private Limited | ₹10.58 Lakh (FY 2017) | Palghar, Maharashtra, India | ||||
| Smartant Technologies Private Limited | ₹10.58 Lakh (FY 2019) | -68.0% | Chennai, Tamil Nadu, India | |||
| Dglok IT Solutions Private Limited | ₹10.58 Lakh (FY 2024) | 24.0% | Sirsa, Haryana, India | |||
| Appworks Technologies Private Limitedthis company | ₹10.57 Lakh (FY 2024) | -₹1.24 Lakh | -11.7% | 264.0% | Kanpur, Uttar Pradesh, India | |
| Acadbee Systems Private Limited | ₹10.57 Lakh (FY 2025) | -76.0% | Gurugram, Haryana, India | |||
| Applicationriseimperator Evolving New Technologies Private Limited | ₹10.57 Lakh (FY 2025) | -26.0% | Bangalore, Karnataka, India | |||
| Untagged Technologies (OPC) Private Limited | ₹10.57 Lakh (FY 2025) | 10.0% | Noida, Uttar Pradesh, India | |||
| Buildfast Innovations Private Limited | ₹10.57 Lakh (FY 2025) | 57.0% | Noida, Uttar Pradesh, India | |||
| Netmahiti Solutions Private Limited | ₹10.57 Lakh (FY 2016) | -8.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Appworks Technologies Private Limited, buy the company report.
Auditor
Appworks Technologies Private Limited is audited by SHYAMKUMARMISHRA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAMKUMARMISHRA | FY 2022 | 522757 |
Shareholding
The shareholding of Appworks Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Appworks Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Appworks Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Appworks Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Appworks Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAPCA1540H1ZO | Uttar Pradesh | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Appworks Technologies Private Limited, buy the company report.
Recent activity
Appworks Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Anktika Singh was appointed as Director on 13 Feb 2017.
AGM
Appworks Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Appworks Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttar Pradesh I.
Appointed
Anktika Singh was appointed as Director.
Appointed
Vivek Jaiswal was appointed as Director.
Incorporation
13 Feb 2017
Appworks Technologies Private Limited was registered on 13 Feb 2017 with Roc Uttar Pradesh I & aged 9 years 9 months as per MCA records.
Frequently asked questions
Appworks Technologies is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 February 2017 (9+ years old) and is registered under CIN U93090UP2017PTC090367.
Appworks Technologies has 2 current directors:
- Vivek Jaiswal - Director
- Anktika Singh - Director
The latest financial statements of Appworks Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Appworks Technologies is 09AAPCA1540H1ZO, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Appworks Technologies is U93090UP2017PTC090367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appworks Technologies was incorporated on 13 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Appworks Technologies by revenue are Venvik Consultancy Services Private Limited, Rukma Elechem Private Limited, Ifortz Solutions Private Limited, Smartant Technologies Private Limited, Dglok IT Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Anktika Singh was appointed as Director on 13 Feb 2017. Vivek Jaiswal was appointed as Director on 13 Feb 2017.
Yes, Appworks Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Appworks Technologies can be reached through the website letslaunch.in. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of Appworks Technologies is at 2886 Naubasta Gulab Singh Ka Hata, Kanpur, Uttar Pradesh, India – 208012.
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