About Groupon Technologies Private Limited
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Groupon Technologies Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 20 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC235990. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kailas Shaligram Jagtap and Vaishnavi Bharat Tiwari.
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 Groupon Technologies Pvt Ltd C/O Mercury Industries Plot No A – 20 Nice Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.84 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹2.71 Lakh (net margin -70.7%) and EBITDA of -₹24,315 (EBITDA margin -6.3%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupontechnologies.com.
Company details
Contact details
Groupon Technologies Private Limited's registered office is in Nashik, Maharashtra. Its website is groupontechnologies.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGroupon Technologies Pvt Ltd C/O Mercury Industries Plot No A – 20 Nice Satpur, Nashik, Maharashtra, India – 422007
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Groupon Technologies 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
Business activity
The main business activity of Groupon Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Groupon Technologies Private Limited, buy the company report.
Financials of Groupon Technologies Private Limited
FY 2019 filings availableGroupon Technologies Private Limited reported revenue of ₹3.84 Lakh (down 92% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 92% fall in the latest year. EBITDA rose 99% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.84 Lakh | ||||
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| EBITDA | -₹24,315 | ||||
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| Net Profit (PAT) | -₹2.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -6.3% | ||||
| Net Profit Margin | -70.7% | ||||
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To see the full financial statements and ratios of Groupon Technologies Private Limited, buy the company report.
Board of directors of Groupon Technologies Private Limited
Groupon Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishnavi Bharat Tiwari Also directs: Pitchcraft Tech Ventures LLP | Additional Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Kailas Shaligram Jagtap Also directs: Pitchcraft Tech Ventures LLP | Director | 20 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Groupon Technologies Private Limited is audited by A N BHUTADA & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N BHUTADA & COMPANY | FY 2019 | 141261W |
Shareholding
The shareholding of Groupon Technologies Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Groupon Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Groupon 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 Groupon Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Groupon Technologies Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Groupon Technologies 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 Groupon Technologies Private Limited, buy the company report.
Recent activity
Groupon Technologies Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Megha Vijay Sonawane ceased to be Additional Director on 11 Dec 2020.
Frequently asked questions
Groupon Technologies is an active private limited company based in Nashik, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 20 September 2012 (14+ years old) and is registered under CIN U74999MH2012PTC235990.
Groupon Technologies has 2 current directors:
- Vaishnavi Bharat Tiwari - Additional Director
- Kailas Shaligram Jagtap - Director
The latest financial statements of Groupon Technologies 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 2015 are in the company report.
No. Groupon Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Groupon Technologies is U74999MH2012PTC235990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Groupon Technologies was incorporated on 20 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Megha Vijay Sonawane ceased to be Additional Director on 11 Dec 2020. Vaishnavi Bharat Tiwari was appointed as Additional Director on 12 Oct 2020. Nilesh Daulat Kushare ceased to be Director on 07 Oct 2020. Groupon Technologies has 6 board changes on record in total.
Groupon Technologies can be reached through the website groupontechnologies.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Groupon Technologies is at Groupon Technologies Pvt Ltd CO Mercury Industries Plot No A – 20 Nice Satpur, Nashik, Maharashtra, India – 422007.
Groupon Technologies operates in the information technology industry, in the database management and solutions segment.
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