About Cheripo Tech Solutions Private Limited
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Cheripo Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 09 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2015PTC083295. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.54 Lakh. It is led by directors Anshum Verma and Deepak Muthadathukizhakku Appukuttan Nair.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A – 1005 Hm Symphony Kasavanahalli, Bangalore, Karnataka, India – 560035.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.13 Lakh. For the same year it recorded a net loss of ₹4,664 (net margin -2.2%) and EBITDA of -₹1.35 Lakh (EBITDA margin -63.3%).
The company is associated with 2 brands: Cheripo and Paysay. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in June 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website paysay.me.
Company details
Contact details
Cheripo Tech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is paysay.me. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 1005 Hm Symphony Kasavanahalli, Bangalore, Karnataka, India – 560035
- IndustryService, Information Technology Services
To see the full contact details of Cheripo Tech Solutions Private Limited, buy the company report.
- 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
Brands
Cheripo Tech Solutions operates two associated brands: Cheripo and Paysay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for last-minute gifting solutions. | cheripo.com | |
| Functions as a social payment app for easy transactions. | paysay.me |
Business activity
The main business activity of Cheripo Tech Solutions 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 |
Financials of Cheripo Tech Solutions Private Limited
FY 2019 filings availableCheripo Tech Solutions Private Limited reported revenue of ₹2.13 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹2.13 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.35 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹4,664 |
| 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
| Metrics | FY 2015-16 |
|---|---|
| Profitability | |
| EBITDA Margin | -63.3% |
| Net Profit Margin | -2.2% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
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To see the full financial statements and ratios of Cheripo Tech Solutions Private Limited, buy the company report.
Board of directors of Cheripo Tech Solutions Private Limited
Cheripo Tech Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshum Verma Also directs: Cheripo E-Ventures LLP | Director | 09 Oct 2015 | 11 Years 0 Months | Current |
| Deepak Muthadathukizhakku Appukuttan Nair Also directs: Cheripo E-Ventures LLP | Director | 09 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Cheripo Tech Solutions Private Limited is audited by BALAKRISHNA AND CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAKRISHNA AND CO | FY 2016 | 004835S |
Shareholding
The shareholding of Cheripo Tech Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cheripo Tech Solutions Private Limited, buy the company report.
Deals & funding
Cheripo Tech Solutions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in June 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Seller: Axilor |
| Mar 2016 | Funding round | ₹25 Lakh | Investors: Axilor, Pratithi Investments |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Cheripo Tech Solutions 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 Cheripo Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cheripo Tech Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cheripo Tech Solutions Private Limited, buy the company report.
Recent activity
Cheripo Tech Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Anshum Verma was appointed as Director on 09 Oct 2015.
Frequently asked questions
Cheripo Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 09 October 2015 (11+ years old) and is registered under CIN U72900KA2015PTC083295.
Cheripo Tech Solutions has 2 current directors:
- Anshum Verma - Director
- Deepak Muthadathukizhakku Appukuttan Nair - Director
The latest financial statements of Cheripo Tech Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Cheripo Tech Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Cheripo Tech Solutions is U72900KA2015PTC083295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheripo Tech Solutions was incorporated on 09 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Cheripo Tech Solutions has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in June 2017.
Anshum Verma was appointed as Director on 09 Oct 2015. Deepak Muthadathukizhakku Appukuttan Nair was appointed as Director on 09 Oct 2015.
Cheripo Tech Solutions can be reached through the website paysay.me. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cheripo Tech Solutions is at A – 1005 Hm Symphony Kasavanahalli, Bangalore, Karnataka, India – 560035.