Better Tomorrow Online Private Limited

Better Tomorrow Online Private Limited - service in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2016PTC093339 Incorporated 17 May 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company service
Revenue · FY 2021
₹170
▼ 100% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
2
None active
Last financials
Mar 2021
Balance sheet date
Last AGM
30 Nov 2021
Annual general meeting

About Better Tomorrow Online Private Limited

Data last updated:

Better Tomorrow Online Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 17 May 2016.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC093339. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Biju Peter Palliparampil and Sreejithlal Madhavan.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at #222 Nurturelabz Indiranagar Double Road, Bangalore, Karnataka, India – 560071.

Company details

CIN U72200KA2016PTC093339
Registration Number 093339
Incorporation Date 17 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

Better Tomorrow Online Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    #222 Nurturelabz Indiranagar Double Road, Bangalore, Karnataka, India – 560071
  • Industry
    Service, Information Technology Services

To see the full contact details of Better Tomorrow Online Private Limited, buy the company report.

Comprehensive company report
Better Tomorrow Online 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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Business activity

The main business activity of Better Tomorrow Online is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Better Tomorrow Online Private Limited, buy the company report.

Financials of Better Tomorrow Online Private Limited

FY 2021 filings available

Better Tomorrow Online Private Limited reported revenue of ₹170 (down 100% YoY) for FY 2021.

Revenue · FY 2021
₹170 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 96%

Revenue has declined at a compounded annual rate (CAGR) of 96% over three years. 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin
Net Profit Margin
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 Better Tomorrow Online Private Limited, buy the company report.

Board of directors of Better Tomorrow Online Private Limited

Better Tomorrow Online has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sreejithlal MadhavanAdditional Director06 Jan 20206 Years 10 MonthsAs last reported
Biju Peter PalliparampilDirector01 Apr 20215 Years 7 MonthsAs last reported

Peer comparison

Better Tomorrow Online Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Toradex Solutions Private Limited₹185 (FY 2018)Bangalore, Karnataka, India
Brain Rider Technologies Private Limited₹178 (FY 2018)-99.0%New Delhi, Delhi, India
Cube D Technologies Private Limited₹177 (FY 2025)-100.0%Chennai, Tamil Nadu, India
Quillr Media & Technologies Private Limited₹175 (FY 2018)-97.0%Bangalore, Karnataka, India
Navasun Networks India Private Limited₹174 (FY 2018)-100.0%Chennai, Tamil Nadu, India
Better Tomorrow Online Private Limitedthis company₹170 (FY 2021)-100.0%Bangalore, Karnataka, India
Kwaan Fintech Services Private Limited₹167 (FY 2022)Bangalore, Karnataka, India
Bombaytech Private Limited₹167 (FY 2025)Mumbai, Maharashtra, India
Avr Infotech Private Limited₹150 (FY 2017)-100.0%Vadodara, Gujarat, India
Althea Systems & Software Private Limited₹131 (FY 2017)-96.0%Bangalore, Karnataka, India
PST Web Solutions Private Limited₹127 (FY 2020)-100.0%Bangalore, Karnataka, India

To see the full peer comparison of Better Tomorrow Online Private Limited, buy the company report.

Auditor

Better Tomorrow Online Private Limited is audited by E THOMAS & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
E THOMAS & ASSOCIATESFY 2017016871S

Shareholding

The shareholding of Better Tomorrow Online Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Better Tomorrow Online Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Better Tomorrow Online Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Better Tomorrow Online has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Better Tomorrow Online Private Limited, buy the company report.

Recent activity

Better Tomorrow Online Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Anoob Madhu Lathika ceased to be Additional Director on 01 Apr 2021.

AGM
Better Tomorrow Online Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Anoob Madhu Lathika ceased to be Additional Director.
Appointed
Biju Peter Palliparampil was appointed as Director.
Filing
Better Tomorrow Online Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Rajesh Malamal ceased to be Additional Director.
Ceased
Richu Jose ceased to be Additional Director.
Ceased
Subhash Sasidharakurup ceased to be Director.
Appointed
Sreejithlal Madhavan was appointed as Additional Director.
Ceased
Shanoop Sivadas ceased to be Director.
Incorporation
17 May 2016
Better Tomorrow Online Private Limited was registered on 17 May 2016 with Roc Bangalore & aged 10 years 5 months as per MCA records.

Frequently asked questions

Better Tomorrow Online has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Better Tomorrow Online was a private limited company based in Bangalore, Karnataka, India. The company worked in information technology services, within the service industry. It was incorporated on 17 May 2016 and is registered under CIN U72200KA2016PTC093339. The company has been struck off by the Registrar of Companies and is no longer operational.

Better Tomorrow Online had 2 directors:

The CIN (Corporate Identification Number) of Better Tomorrow Online is U72200KA2016PTC093339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Better Tomorrow Online is at #222 Nurturelabz Indiranagar Double Road, Bangalore, Karnataka, India – 560071.

Better Tomorrow Online was incorporated on 17 May 2016. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Better Tomorrow Online on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.

No. Better Tomorrow Online has 2 GST registrations on record and all of them are cancelled or inactive.

Better Tomorrow Online operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.

The peers of Better Tomorrow Online by revenue are Toradex Solutions Private Limited, Brain Rider Technologies Private Limited, Cube D Technologies Private Limited, Quillr Media & Technologies Private Limited, Navasun Networks India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Anoob Madhu Lathika ceased to be Additional Director on 01 Apr 2021. Biju Peter Palliparampil was appointed as Director on 01 Apr 2021. Rajesh Malamal ceased to be Additional Director on 08 Jan 2020. Better Tomorrow Online has 7 board changes on record in total.