Piing Software Technologies Private Limited

Piing Software Technologies Private Limited - business services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72200TG2015PTC099759 Incorporated 10 July 2015 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company business services MSME
Data last updated
Revenue · FY 2024
₹24.72 Cr
▲ 11% YoY
Net loss · FY 2024
₹3.71 Cr
Net margin -15%
EBITDA · FY 2024
₹4.12 Cr
EBITDA margin 16.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹21.42 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Piing Software Technologies Private Limited

Data last updated:

Piing Software Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the facility management segment of the business services sector. It was incorporated on 10 July 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC099759. Its GSTIN is 36AAICP4603P1Z0 (Telangana).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹21.42 Lakh. It is led by directors Raajesh Shrinivas and Aditya Tripuraneni.

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 Hyderabad, Telangana.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.72 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹3.71 Cr (net margin -15%) and EBITDA of ₹4.12 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 241% over five years.

The company is associated with 1 brand: Piing. The company has 9 deals on record (6 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹55.2 Lakh; the latest was in February 2021.

Piing Software Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0018375). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piing.in.

Company details

CIN U72200TG2015PTC099759
Registration Number 099759
Incorporation Date 10 July 2015
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0018375

Recognitions & Rankings of Piing Software Technologies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TS-02-0018375

Contact details

Piing Software Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is piing.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Flat No. A601 Trendset Winz, Nanakramguda, Hyderabad, Telangana, India – 500032
  • Industry
    Business Services, Facility Management

To see the full contact details of Piing Software Technologies Private Limited, buy the company report.

Comprehensive company report
Piing Software Technologies Private Limited - one report that includes everything
  • 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
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Brands

Piing Software Technologies operates one associated brand: Piing. Each brand links to its own profile.

BrandDescriptionWebsite
App for on-demand laundry and dry cleaning servicepiing.com.sg

Business activity

The main business activity of Piing Software Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Piing Software Technologies Private Limited, buy the company report.

Financials of Piing Software Technologies Private Limited

FY 2024 filings available

Piing Software Technologies Private Limited reported revenue of ₹24.72 Cr (up 11% YoY) for FY 2024.

Revenue · FY 2024
₹24.72 Cr ▲ 11%
Net loss · FY 2024
₹3.71 Cr margin -15%
EBITDA · FY 2024
₹4.12 Cr margin 16.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 33%
5 years · compounded
▲ 241%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 55%
5 years · compounded
▲ 159%

Revenue has grown at a compounded annual rate (CAGR) of 241% over five years, including 11% growth in the latest year. EBITDA rose 21% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.71 Cr
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 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.6%
Net Profit Margin-15%
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 Piing Software Technologies Private Limited, buy the company report.

Board of directors of Piing Software Technologies Private Limited

Piing Software Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Raajesh ShrinivasDirector10 Jul 201511 Years 3 MonthsCurrent
Aditya TripuraneniDirector10 Jul 201511 Years 3 MonthsCurrent

Auditor

Piing Software Technologies Private Limited is audited by N S V R & ASSOCIATES LLP for the financial year 2021.

Auditor firmFinancial yearFirm registration number
N S V R & ASSOCIATES LLPFY 2021008801S

Shareholding

The shareholding of Piing Software Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Piing Software Technologies Private Limited, buy the company report.

Deals & funding

Piing Software Technologies Private Limited has 9 deals on record (6 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹55.2 Lakh; the latest was in February 2021.

Total deals
9
Rights issues
6
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹55.2 Lakh

Deals on record (5 of 9)

WhenDealAmountParties
Jul 2020Rights issue₹80 LakhInvestors: an individual
Aug 2019Rights issue₹6 CrInvestors: 2 individuals
Apr 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2019Rights issue₹1.58 CrInvestors: an individual
Mar 2019Rights issue₹70.5 LakhInvestors: 2 individuals

To see the full deal history of Piing Software Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Piing Software Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAICP4603P1Z0TelanganaActive04 Aug 2018

To see the full GST registrations and return filing status of Piing Software Technologies Private Limited, buy the company report.

Recent activity

Piing Software Technologies Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Aditya Tripuraneni was appointed as Director on 10 Jul 2015.

AGM
Piing Software Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Piing Software Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Aditya Tripuraneni was appointed as Director.
Appointed
Raajesh Shrinivas was appointed as Director.
Incorporation
10 Jul 2015
Piing Software Technologies Private Limited was registered on 10 Jul 2015 with Roc Hyderabad & aged 11 years 3 months as per MCA records.

Frequently asked questions

Piing Software Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in facility management, within the business services industry. It was incorporated on 10 July 2015 (11+ years old) and is registered under CIN U72200TG2015PTC099759.

Piing Software Technologies has 2 current directors:

The latest financial statements of Piing Software Technologies 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 2016 are in the company report.

The GSTIN of Piing Software Technologies is 36AAICP4603P1Z0, registered in Telangana.

The CIN (Corporate Identification Number) of Piing Software Technologies is U72200TG2015PTC099759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Piing Software Technologies was incorporated on 10 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.

Piing Software Technologies has 9 deals on record (6 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹55.2 Lakh; the latest was in February 2021.

Aditya Tripuraneni was appointed as Director on 10 Jul 2015. Raajesh Shrinivas was appointed as Director on 10 Jul 2015.

Yes, Piing Software Technologies is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0018375).

Piing Software Technologies can be reached through the website piing.in. Its registered office is in Hyderabad, Telangana, India.