Gig Ventures Private Limited

Gig Ventures Private Limited - information technology in Bengaluru, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2022PTC168552 Incorporated 01 December 2022 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹65,840
▲ 1836% YoY
Net loss · FY 2024
₹34,580
Net margin -52.5%
EBITDA · FY 2024
-₹34,580
EBITDA margin -52.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Gig Ventures Private Limited

Data last updated:

Gig Ventures Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 01 December 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC168552. Its GSTIN is 29AAKCG1774G1ZB (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sreeraj Olikkara and Saifudheen Venghat.

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 C/O Venugopal Reddy No 1 Building Somasandra Palya, Bengaluru, Karnataka, India – 560102.

As per the financials filed for FY 2024, the company reported a revenue of ₹65,840, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34,580 (net margin -52.5%) and EBITDA of -₹34,580 (EBITDA margin -52.5%).

Gig Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0276606).

Company details

CIN U72900KA2022PTC168552
Registration Number 168552
Incorporation Date 01 December 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0276606

Recognitions & Rankings of Gig Ventures

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0276606

Contact details

Gig Ventures Private Limited's registered office is in Bengaluru, Karnataka.

  • Registered Address
    C/O Venugopal Reddy No 1 Building Somasandra Palya, Bengaluru, Karnataka, India – 560102
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Gig Ventures Private Limited - one report that includes everything
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  • 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 Gig Ventures is transport and storage. In detail, this covers land transport via road.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH1Land Transport via Road

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

Financials of Gig Ventures Private Limited

FY 2024 filings available

Gig Ventures Private Limited reported revenue of ₹65,840 (up 1836% YoY) for FY 2024.

Revenue · FY 2024
₹65,840 ▲ 1836%
Net loss · FY 2024
₹34,580 margin -52.5%
EBITDA · FY 2024
-₹34,580 margin -52.5%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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-₹34,580
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34,580
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 2023-24FY 2022-23
Profitability
EBITDA Margin-52.5%
Net Profit Margin-52.5%
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 Gig Ventures Private Limited, buy the company report.

Board of directors of Gig Ventures Private Limited

Gig Ventures has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sreeraj OlikkaraDirector01 Dec 20223 Years 10 MonthsCurrent
Saifudheen VenghatDirector01 Dec 20223 Years 10 MonthsCurrent

Peer comparison

Gig Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (land transport via road), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bobcat Valuechain Private Limited₹69,343 (FY 2024)-100.0%New Delhi, Delhi, India
Apna Movers & Packers Private Limited₹68,330 (FY 2020)-43.0%Patna, Bihar, India
Elixir XPS Private Limited₹67,496 (FY 2024)Pune, Maharashtra, India
Kamion Supply Chain Solutions Private Limited₹67,000 (FY 2024)Hosur, Tamil Nadu, India
Garga Automotives Private Limited₹66,330 (FY 2025)-87.0%New Delhi, Delhi, India
Gig Ventures Private Limitedthis company₹65,840 (FY 2024)-₹34,580-52.5%1836.0%Bengaluru, Karnataka, India
Abs Ashok Travels Private Limited₹65,813 (FY 2023)Udaipur, Rajasthan, India
Skyzone Travellers Private Limited₹65,480 (FY 2023)21.0%Dhanbad, Jharkhand, India
Mriganka Travels Private Limited₹64,875 (FY 2018)Gurgaon, Haryana, India
Libra Transport Ltd₹64,841 (FY 2025)-1.0%Kolkata, West Bengal, India
Swaptadip Tours and Travels Private Limited₹64,000 (FY 2018)Kolkata, West Bengal, India

To see the full peer comparison of Gig Ventures Private Limited, buy the company report.

MSME payment delays

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

GST

Gig Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAKCG1774G1ZBKarnatakaActive16 Dec 2022

To see the full GST registrations and return filing status of Gig Ventures Private Limited, buy the company report.

Recent activity

Gig Ventures Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Saifudheen Venghat was appointed as Director on 01 Dec 2022.

AGM
Gig Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gig Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Saifudheen Venghat was appointed as Director.
Appointed
Sreeraj Olikkara was appointed as Director.
Incorporation
01 Dec 2022
Gig Ventures Private Limited was registered on 01 Dec 2022 with Roc Bangalore & aged 3 years 10 months as per MCA records.

Frequently asked questions

Gig Ventures is an active private limited company based in Bengaluru, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 01 December 2022 (4+ years old) and is registered under CIN U72900KA2022PTC168552.

Gig Ventures has 2 current directors:

The latest financial statements of Gig Ventures 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 2023 are in the company report.

The GSTIN of Gig Ventures is 29AAKCG1774G1ZB, registered in Karnataka.

The CIN (Corporate Identification Number) of Gig Ventures is U72900KA2022PTC168552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gig Ventures was incorporated on 01 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Gig Ventures by revenue are Bobcat Valuechain Private Limited, Apna Movers & Packers Private Limited, Elixir XPS Private Limited, Kamion Supply Chain Solutions Private Limited, Garga Automotives Private Limited and 5 more, all in the same principal business activity (land transport via road).

Saifudheen Venghat was appointed as Director on 01 Dec 2022. Sreeraj Olikkara was appointed as Director on 01 Dec 2022.

Yes, Gig Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0276606).

The registered office of Gig Ventures is at CO Venugopal Reddy No 1 Building Somasandra Palya, Bengaluru, Karnataka, India – 560102.

Gig Ventures operates in the information technology industry, in the other computer related activities segment.