
Hubscopes Technology Private Limited
About Hubscopes Technology Private Limited
Data last updated:
Hubscopes Technology Private Limited was a private limited company based in Gulbarga, 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 computer programming segment of the technology and IT services sector. It was incorporated on 28 July 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075557. Its GSTIN is 29AADCH4461Q2ZX (Karnataka). The company held 2 GST registrations, of which 1 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 Renuka and Basavaraj Mahajan Shetty.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No 1 – 53/S – 5/2 2nd Floor Asian Business Center Sp Office Road, Gulbarga, Karnataka, India – 585101.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.05 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹3.79 Lakh (net margin -359.5%) and EBITDA of -₹57,734 (EBITDA margin -54.7%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
Company details
Contact details
Hubscopes Technology Private Limited's registered office is in Gulbarga, Karnataka.
- Registered AddressNo 1 – 53/S – 5/2 2nd Floor Asian Business Center Sp Office Road, Gulbarga, Karnataka, India – 585101
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Hubscopes Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Hubscopes Technology Private Limited, buy the company report.
Financials of Hubscopes Technology Private Limited
FY 2018 filings availableHubscopes Technology Private Limited reported revenue of ₹1.05 Lakh (down 94% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 94% fall in the latest year. EBITDA rose 34% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹57,734 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.79 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -54.7% | |||
| Net Profit Margin | -359.5% | |||
| 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 Hubscopes Technology Private Limited, buy the company report.
Board of directors of Hubscopes Technology Private Limited
Hubscopes Technology 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 |
|---|---|---|---|---|
| Renuka | Director | 03 Jan 2019 | 7 Years 10 Months | As last reported |
| Basavaraj Mahajan Shetty Also directs: Yo Kitchen India Private Limited | Director | 03 Jan 2019 | 7 Years 10 Months | As last reported |
Peer comparison
Hubscopes Technology Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nobility Finserv Private Limited | ₹1.06 Lakh (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| Ecogreen Solar Private Limited | ₹1.06 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Labhanshi Services Private Limited | ₹1.06 Lakh (FY 2022) | -51.0% | Indore, Madhya Pradesh, India | |||
| Anatinus Labs Internet Services Private Limited | ₹1.06 Lakh (FY 2022) | Koramangala, Karnataka, India | ||||
| Hubscopes Technology Private Limitedthis company | ₹1.05 Lakh (FY 2018) | -₹3.79 Lakh | -359.5% | -94.0% | Gulbarga, Karnataka, India | |
| Citywings Commodeal Private Limited | ₹1.05 Lakh (FY 2019) | -13.0% | Gorakhpur, Uttar Pradesh, India | |||
| S K Y R U N Business Solutions Private Limited | ₹1.05 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| Kotia Advisory Services Private Limited | ₹1.05 Lakh (FY 2025) | -9.0% | Thakurpukur Mahestola, West Bengal, India | |||
| Prabhaavi Solutions (OPC) Private Limited | ₹1.05 Lakh (FY 2025) | -22.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Hubscopes Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hubscopes Technology 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 Hubscopes Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hubscopes Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH4461Q2ZX | Karnataka | Active | 10 May 2019 |
To see the full GST registrations and return filing status of Hubscopes Technology Private Limited, buy the company report.
Recent activity
Hubscopes Technology Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Arvind Srinivas Kulkarni ceased to be Director on 03 Jan 2019.
Frequently asked questions
Hubscopes Technology 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.
Hubscopes Technology was a private limited company based in Gulbarga, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 28 July 2014 and is registered under CIN U72200KA2014PTC075557. The company has been struck off by the Registrar of Companies and is no longer operational.
Hubscopes Technology had 2 directors:
- Renuka - Director
- Basavaraj Mahajan Shetty - Director
The CIN (Corporate Identification Number) of Hubscopes Technology is U72200KA2014PTC075557. 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 Hubscopes Technology is at No 1 – 53S – 52 2nd Floor Asian Business Center Sp Office Road, Gulbarga, Karnataka, India – 585101.
Hubscopes Technology was incorporated on 28 July 2014. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Hubscopes Technology on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Hubscopes Technology is 29AADCH4461Q2ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Hubscopes Technology operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Hubscopes Technology by revenue are Nobility Finserv Private Limited, Ecogreen Solar Private Limited, Labhanshi Services Private Limited, Anatinus Labs Internet Services Private Limited, Citywings Commodeal Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Arvind Srinivas Kulkarni ceased to be Director on 03 Jan 2019. Basavaraj Mahajan Shetty was appointed as Director on 03 Jan 2019. Hemanth Singh Chowdhry ceased to be Managing Director on 03 Jan 2019. Hubscopes Technology has 6 board changes on record in total.

