Makesense Technologies Limited
About Makesense Technologies Limited
Data last updated:
Makesense Technologies Limited was a public limited company based in Gurugram, Haryana, India, operated as a subsidiary of Info Edge (India) Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 September 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2010PLC092002. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹55.5 Cr and a paid-up capital of ₹1.22 Cr. It was formerly known as Makesense Technologies Private Limited. It was led by directors including Chintan Arvind Thakkar and Sanjeev Bikhchandani.
Its last annual general meeting (AGM) was held on 23 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No. 123 Sector – 44, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.09 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹10.32 Lakh (net margin -145.6%) and EBITDA of -₹9.41 Lakh (EBITDA margin -132.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company was associated with 1 brand: MakeSense Technology. Court records list 3 cases involving the company, including 3 filed by the company. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹134.66 Cr; the latest was in July 2018.
Company details
CIN history
Makesense Technologies has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999HR2010PLC092002, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999HR2010PLC092002 | Current |
| U74999DL2010PLC270018 | Previous |
| U74999DL2010PTC270018 | Previous |
| U74999MH2010PTC207974 | Previous |
Contact details
Makesense Technologies Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 123 Sector – 44, Gurugram, Haryana, India – 122001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Makesense Technologies 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
Makesense Technologies operates one associated brand: MakeSense Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| NLP-based text analytics tool for recruiter resume shortlisting is provided. | makesense.in |
Business activity
The main business activity of Makesense 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 |
Financials of Makesense Technologies Limited
FY 2024 filings availableMakesense Technologies Limited reported revenue of ₹7.09 Lakh (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 192% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.41 Lakh | ||||
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| Net Profit (PAT) | -₹10.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -132.7% | ||||
| Net Profit Margin | -145.6% | ||||
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To see the full financial statements and ratios of Makesense Technologies Limited, buy the company report.
Board of directors of Makesense Technologies Limited
Makesense Technologies has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Arvind Thakkar Also directs: Ian Beta LLP | Director | 23 Mar 2015 | 11 Years 7 Months | As last reported |
| Mohit Naresh Bhandari | Nominee Director | 27 Jan 2016 | 10 Years 9 Months | As last reported |
| Sanjeev Bikhchandani Also directs: Multiples Private Equity Fund II LLP, Info Edge (India) Limited, Eternal Limited and 5 more | Director | 03 Apr 2013 | 13 Years 7 Months | As last reported |
Auditor
Makesense Technologies Limited is audited by Sharma Goel & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharma Goel & Co. LLP | FY 2022 | 000643N/N500012 |
Shareholding
The shareholding of Makesense Technologies Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makesense Technologies Limited, buy the company report.
Deals & funding
Makesense Technologies Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹134.66 Cr; the latest was in July 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Rights issue | ₹190.93 Cr | Investors: Info Edge Ventures, Temasek |
| Oct 2015 | Funding round | ₹134.17 Cr | Investors: Temasek |
| Mar 2013 | Acquisition | ₹8.24 Cr | Buyer: Info Edge Ventures Seller: 4 individuals |
| Jun 2012 | Funding round | ₹49 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Makesense Technologies Limited has 3 court cases on record: 3 filed by Makesense Technologies. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company against PB Fintech Private Limited | Disposed |
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Makesense Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Makesense Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makesense 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 Makesense Technologies Limited, buy the company report.
Recent activity
Makesense Technologies Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Jaya Bhatia ceased to be Company Secretary on 24 Mar 2021.
2 earlier events are in the company report.
Frequently asked questions
Makesense Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Makesense Technologies was a public limited company based in Gurugram, Haryana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 21 September 2010 and is registered under CIN U74999HR2010PLC092002. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Makesense Technologies was incorporated on 21 September 2010. It is registered with the Registrar of Companies, Delhi.
Makesense Technologies had 3 directors:
- Chintan Arvind Thakkar - Director
- Mohit Naresh Bhandari - Nominee Director
- Sanjeev Bikhchandani - Director
The CIN (Corporate Identification Number) of Makesense Technologies is U74999HR2010PLC092002. 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 Makesense Technologies is at Plot No. 123 Sector – 44, Gurugram, Haryana, India – 122001.
The latest financial statements of Makesense Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 August 2024. Year-wise statements from 2015 are in the company report.
No. Makesense Technologies has 1 GST registration on record and it is cancelled or inactive.
Makesense Technologies operated in the information technology industry, in the IT consulting and support services segment.
Makesense Technologies has 4 deals on record (2 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹134.66 Cr; the latest was in July 2018.
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