About Piingtech Private Limited
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Piingtech Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Piing Software Technologies Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 18 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC144024.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aditya Tripuraneni and Sneha 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 Flat No.A601 Trendset Winz Nanakramguda, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.86 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.22 Lakh (net margin 2.8%) and EBITDA of ₹7.59 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The company is associated with 1 brand: Piing.
For more details, the company can be reached via its website piing.com.sg.
Company details
Contact details
Piingtech Private Limited's registered office is in Hyderabad, Telangana. Its website is piing.com.sg. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.A601 Trendset Winz Nanakramguda, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Piingtech 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
Piingtech operates one associated brand: Piing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App for on-demand laundry and dry cleaning service | piing.com.sg |
Business activity
The main business activity of Piingtech is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Piingtech Private Limited, buy the company report.
Financials of Piingtech Private Limited
FY 2024 filings availablePiingtech Private Limited reported revenue of ₹1.86 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 20% 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 |
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| EBITDA | ₹7.59 Lakh | |||
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| Net Profit (PAT) | ₹5.22 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 4.1% | |||
| Net Profit Margin | 2.8% | |||
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To see the full financial statements and ratios of Piingtech Private Limited, buy the company report.
Board of directors of Piingtech Private Limited
Piingtech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Tripuraneni | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Sneha Tripuraneni | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Piingtech Private Limited is audited by NSVR & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NSVR & Associates LLP | FY 2023 | 008801S |
Shareholding
The shareholding of Piingtech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Piingtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Piingtech 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 Piingtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piingtech Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
No GST registration is on our record for Piingtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Piingtech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Aditya Tripuraneni was appointed as Director on 18 Sep 2020.
Frequently asked questions
Piingtech is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 18 September 2020 (6+ years old) and is registered under CIN U72900TG2020PTC144024.
Piingtech has 2 current directors:
- Aditya Tripuraneni - Director
- Sneha Tripuraneni - Director
The latest financial statements of Piingtech 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Piingtech is U72900TG2020PTC144024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piingtech was incorporated on 18 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
Aditya Tripuraneni was appointed as Director on 18 Sep 2020. Sneha Tripuraneni was appointed as Director on 18 Sep 2020.
Piingtech can be reached through the website piing.com.sg. Its registered office is in Hyderabad, Telangana, India.
The registered office of Piingtech is at Flat No.A601 Trendset Winz Nanakramguda, Hyderabad, Telangana, India – 500032.
Piingtech operates in the information technology industry, in the software development and support services segment.
Piingtech has 1 associated brand: Piing.