Fiontion Technologies Private Limited

Fiontion Technologies Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2017PTC103894 Incorporated 15 June 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹41,100
▲ 76% YoY
Net loss · FY 2019
₹714
Net margin -1.7%
EBITDA · FY 2019
₹12,558
EBITDA margin 30.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Last financials
Mar 2019
Balance sheet date

About Fiontion Technologies Private Limited

Data last updated:

Fiontion Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 15 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC103894.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Harish Ningappa and Niranjanmurthy Mathigatta Kuberappa.

Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at # 10 12th Cross Maruthinagar, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2019, the company reported a revenue of ₹41,100, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹714 (net margin -1.7%) and EBITDA of ₹12,558 (EBITDA margin 30.6%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900KA2017PTC103894
Registration Number 103894
Incorporation Date 15 June 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Fiontion Technologies Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    # 10 12th Cross Maruthinagar, Bangalore, Karnataka, India – 560068
  • Industry
    Information Technology, Other Computer Related Activities
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Fiontion Technologies Private Limited - one report that includes everything
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Business activity

The main business activity of Fiontion Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Fiontion Technologies Private Limited, buy the company report.

Financials of Fiontion Technologies Private Limited

FY 2019 filings available

Fiontion Technologies Private Limited reported revenue of ₹41,100 (up 76% YoY) for FY 2019.

Revenue · FY 2019
₹41,100 ▲ 76%
Net loss · FY 2019
₹714 margin -1.7%
EBITDA · FY 2019
₹12,558 margin 30.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 76%
EBITDA CAGR growth
1 year
▲ 204%

Revenue rose 76% in the latest year. EBITDA rose 204% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2018-19FY 2017-18
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₹12,558
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹714
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 2018-19FY 2017-18
Profitability
EBITDA Margin30.6%
Net Profit Margin-1.7%
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 Fiontion Technologies Private Limited, buy the company report.

Board of directors of Fiontion Technologies Private Limited

Fiontion Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Harish NingappaDirector15 Jun 20179 Years 4 MonthsCurrent
Niranjanmurthy Mathigatta KuberappaDirector15 Jun 20179 Years 4 MonthsCurrent

Peer comparison

Fiontion Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Clouddimension Technology Private Limited₹41,256 (FY 2024)15.0%Thiruvananthapuram, Kerala, India
Vehtrak Solutions (OPC) Private Limited₹41,200 (FY 2018)Bangalore, Karnataka, India
Simple Hybrid Marketplace Private Limited₹41,186 (FY 2023)-95.0%Delhi, India
Indeep Artificial Intelligence Private Limited₹41,112 (FY 2024)-85.0%Hyderabad, Telangana, India
Fiontion Technologies Private Limitedthis company₹41,100 (FY 2019)-₹714-1.7%76.0%Bangalore, Karnataka, India
Qizo Technologies and Solutions Private Limited₹41,000 (FY 2023)-94.0%Kozhikode, Kerala, India
KBK Software Solutions (OPC) Private Limited₹41,000 (FY 2022)Mangalagiri, Andhra Pradesh, India

To see the full peer comparison of Fiontion Technologies Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Fiontion Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Fiontion Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Harish Ningappa was appointed as Director on 15 Jun 2017.

AGM
Fiontion Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Filing
Fiontion Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Appointed
Harish Ningappa was appointed as Director.
Appointed
Niranjanmurthy Mathigatta Kuberappa was appointed as Director.
Incorporation
15 Jun 2017
Fiontion Technologies Private Limited was registered on 15 Jun 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.

Frequently asked questions

Fiontion Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 15 June 2017 (9+ years old) and is registered under CIN U72900KA2017PTC103894.

Fiontion Technologies has 2 current directors:

The latest financial statements of Fiontion Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Fiontion Technologies is U72900KA2017PTC103894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fiontion Technologies was incorporated on 15 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Fiontion Technologies by revenue are Clouddimension Technology Private Limited, Vehtrak Solutions (OPC) Private Limited, Simple Hybrid Marketplace Private Limited, Indeep Artificial Intelligence Private Limited, Qizo Technologies and Solutions Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

Harish Ningappa was appointed as Director on 15 Jun 2017. Niranjanmurthy Mathigatta Kuberappa was appointed as Director on 15 Jun 2017.

The registered office of Fiontion Technologies is at # 10 12th Cross Maruthinagar, Bangalore, Karnataka, India – 560068.

Fiontion Technologies operates in the information technology industry, in the other computer related activities segment.

The compliance status of Fiontion Technologies is compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.

Fiontion Technologies can be reached at its registered office: # 10 12th Cross Maruthinagar, Bangalore, Karnataka, India – 560068.