Piggy Ventures Private Limited
About Piggy Ventures Private Limited
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Piggy Ventures Private Limited is a private limited company based in Mapusa, Goa, India. It operates in the guest houses and budget stays segment of the travel and hospitality sector. It was incorporated on 16 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U55209GA2019PTC013960. Its GSTIN is 30AAKCP5513G1ZQ (Goa). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹61 Lakh and a paid-up capital of ₹50.1 Lakh. It was formerly known as Piggy Hostels (Opc) Private Limited and Piggy Ventures (Opc) Private Limited. It is led by directors including Nakul Singh Rajpurohit and Jose Ralph De Fatima Gomes Prazeres.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No F.No. Ff 1B Mapusa Bardez Street No. Cunchelim, Goa, India – 403507.
As per the financials filed for FY 2021, the company reported a revenue of ₹46.95 Lakh, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹10.38 Lakh (net margin -22.1%) and EBITDA of -₹6.56 Lakh (EBITDA margin -14%).
The company is associated with 1 brand: Piggy Hostels. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 5 cases are pending.
Company details
Name history
Piggy Ventures has undergone 2 name changes throughout its history. The company was previously known as Piggy Hostels (Opc) Private Limited, and Piggy Ventures (Opc) Private Limited. The current legal name is Piggy Ventures Private Limited.
| Company Name | Status |
|---|---|
| Piggy Ventures Private Limited | Current |
| Piggy Hostels (Opc) Private Limited | Previous |
| Piggy Ventures (Opc) Private Limited | Previous |
CIN history
Piggy Ventures has one previous CIN (Corporate Identification Number): U55209GA2019OPC013960. The current CIN is U55209GA2019PTC013960, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55209GA2019PTC013960 | Current |
| U55209GA2019OPC013960 | Previous |
Contact details
Piggy Ventures Private Limited's registered office is in Mapusa, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No F.No. Ff 1B Mapusa Bardez Street No. Cunchelim, Goa, India – 403507
- IndustryTravel and Hospitality, Guest Houses & Budget Stays
To see the full contact details of Piggy Ventures 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
Brands
Piggy Ventures operates one associated brand: Piggy Hostels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It functions as an operator of hostel chains. | piggyhostels.com |
Business activity
The main business activity of Piggy Ventures is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Piggy Ventures Private Limited, buy the company report.
Financials of Piggy Ventures Private Limited
FY 2021 filings availablePiggy Ventures Private Limited reported revenue of ₹46.95 Lakh (up 55% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 55% in the latest year. EBITDA rose 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹46.95 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹6.56 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹10.38 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 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -14% | |
| Net Profit Margin | -22.1% | |
| 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 Piggy Ventures Private Limited, buy the company report.
Board of directors of Piggy Ventures Private Limited
Piggy Ventures has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Singh Rajpurohit | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
| Jose Ralph De Fatima Gomes Prazeres Also directs: Sand Dunes Leisure Homes Private Limited, Grace Millom Travel Ventures Private Limited, Prazeres Realty Private Limited and 1 more | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Navin Kishore | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
| Jose Ryan Agnelo Gomes Prazeres | Director | 16 May 2019 | 7 Years 5 Months | Current |
Auditor
Piggy Ventures Private Limited is audited by KHARANGATE PEREIRA & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHARANGATE PEREIRA & COMPANY | FY 2021 | 152618W |
Shareholding
The shareholding of Piggy Ventures Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Piggy Ventures Private Limited, buy the company report.
Legal cases
Piggy Ventures Private Limited has 10 court cases on record: 6 filed by Piggy Ventures, 4 filed against it. 5 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 4 |
| High courts | 4 | 4 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (4 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1508MISC-Criminal Law : Negotiable Instruments Act, 1881(SLPs arising out of quashing applications, orders framing charge,summoning orders, interim orders in criminal matters withdrawal of prosecution, orders for further investigation/re-investigation, etc.)) | Filed by the company against individuals | Pending |
| District court, North Goa, Goa | Original application | Filed by the company against Da Urban Nomads Community Private Limited and 3 others | Pending |
| Bombay High Court | Court case (WPCR) | Filed against the company by an individual | Disposed |
| District court, North Goa, Goa | Criminal miscellaneous application | Filed by the company against Da Urban Nomada Community Private Limited and 3 others | Disposed |
To see the full case history of Piggy Ventures Private 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 Piggy Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piggy Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAKCP5513G1ZQ | Goa | Active | 27 May 2019 |
| 32AAKCP5513G1ZM | Kerala | Active | 16 Nov 2020 |
To see the full GST registrations and return filing status of Piggy Ventures Private Limited, buy the company report.
Recent activity
Piggy Ventures Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Jose Ralph De Fatima Gomes Prazeres ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Piggy Ventures is an active private limited company based in Mapusa, Goa, India. The company works in guest houses and budget stays, within the travel and hospitality industry. It was incorporated on 16 May 2019 (7+ years old) and is registered under CIN U55209GA2019PTC013960.
Piggy Ventures has 4 current directors:
- Nakul Singh Rajpurohit - Director
- Jose Ralph De Fatima Gomes Prazeres - Director
- Navin Kishore - Director
- Jose Ryan Agnelo Gomes Prazeres - Director
The latest financial statements of Piggy Ventures on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Piggy Ventures is 30AAKCP5513G1ZQ, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAKCP5513G1ZM (Kerala).
The CIN (Corporate Identification Number) of Piggy Ventures is U55209GA2019PTC013960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piggy Ventures has 10 court cases on record: 6 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Piggy Ventures was incorporated on 16 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Goa.
Jose Ralph De Fatima Gomes Prazeres ceased to be Additional Director on 30 Nov 2021. Nakul Singh Rajpurohit ceased to be Additional Director on 30 Nov 2021. Navin Kishore ceased to be Additional Director on 30 Nov 2021. Piggy Ventures has 7 board changes on record in total.
The registered office of Piggy Ventures is at Flat No F.No. Ff 1B Mapusa Bardez Street No. Cunchelim, Goa, India – 403507.
Piggy Ventures operates in the travel and hospitality industry, in the guest houses and budget stays segment.
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