
About Planet11 Ecommerce Solutions India Private Limited
Data last updated:
Planet11 Ecommerce Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2014FTC077102. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹28.32 Cr and a paid-up capital of ₹22.98 Cr. It was formerly known as Wishary Technologies India Private Limited. It is led by directors Nakkyun Chong (Managing Director) and Imranpasha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Avenue11 and Giftiicon. Court records list 1 case involving the company, including 1 filed by the company. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹39.86 Cr; the latest was in December 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giftiicon.com.
Company details
Contact details
Planet11 Ecommerce Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is giftiicon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIndiqube – Townhub 2nd Floor Municipal No.837/1 100 Feet Road Binnamangala 1st Stage I, Ndiranagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Planet11 Ecommerce Solutions India 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
Planet11 Ecommerce Solutions India operates two associated brands: Avenue11 and Giftiicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Grocery products are delivered via an online platform and apps. | avenue11.com | |
| Personalized digital gifts are sent and redeemed for physical products. | giftiicon.com |
Financials of Planet11 Ecommerce Solutions India Private Limited
FY 2022 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Planet11 Ecommerce Solutions India Private Limited, buy the company report.
Board of directors of Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imranpasha | Director | 20 May 2020 | 6 Years 5 Months | Current |
| Nakkyun Chong Also directs: Giftiicon Solutions India Private Limited | Managing Director | 08 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Planet11 Ecommerce Solutions India Private Limited is audited by For Nangia & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Nangia & Co. LLP | FY 2022 | 002391C/N500069 |
Shareholding
The shareholding of Planet11 Ecommerce Solutions India 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 category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Planet11 Ecommerce Solutions India Private Limited, buy the company report.
Deals & funding
Planet11 Ecommerce Solutions India Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹39.86 Cr; the latest was in December 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Veritas Capital Corporate Limited, 3 individuals Seller: an individual |
| Dec 2018 | Funding round | ₹7.85 Cr | Investors: Digital Digm INC, Coseal Corperate Limited, 2 individuals |
| Nov 2018 | Funding round | ₹7.21 Cr | Investors: Veritas Capital Corporate Limited, 3 individuals |
| Sep 2018 | Funding round | ₹5.91 Cr | Investors: BCCL, BGS International Corparate Limited, 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: S K Planet Corperate Limited |
To see the full deal history of Planet11 Ecommerce Solutions India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Planet11 Ecommerce Solutions India Private Limited has 1 court case on record: 1 filed by Planet11 Ecommerce Solutions India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Planet11 Ecommerce Solutions India 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 Planet11 Ecommerce Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Planet11 Ecommerce Solutions India has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Giftiicon Solutions India Private Limited | U72900KA2019PTC125391 |
To see the full group structure of Planet11 Ecommerce Solutions India Private Limited, buy the company report.
Employees & EPFO
Planet11 Ecommerce Solutions India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Planet11 Ecommerce Solutions India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Planet11 Ecommerce Solutions India Private Limited, buy the company report.
Recent activity
Planet11 Ecommerce Solutions India Private Limited has 15 board changes on record since 2016: 2 appointments and 13 cessations. The latest: Imranpasha ceased to be Additional Director on 31 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Planet11 Ecommerce Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 November 2014 (12+ years old) and is registered under CIN U72900KA2014FTC077102.
Planet11 Ecommerce Solutions India has 2 current directors:
- Nakkyun Chong - Managing Director
- Imranpasha - Director
The latest financial statements of Planet11 Ecommerce Solutions India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Planet11 Ecommerce Solutions India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Planet11 Ecommerce Solutions India is U72900KA2014FTC077102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet11 Ecommerce Solutions India has 1 court case on record: 1 filed by the company.
Planet11 Ecommerce Solutions India was incorporated on 07 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Planet11 Ecommerce Solutions India has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹39.86 Cr; the latest was in December 2020.
Imranpasha ceased to be Additional Director on 31 Dec 2020. Ravichandran Muniswarachar ceased to be Director on 15 Jun 2020. Imranpasha was appointed as Director on 20 May 2020. Planet11 Ecommerce Solutions India has 15 board changes on record in total.
Planet11 Ecommerce Solutions India can be reached through the website giftiicon.com. Its registered office is in Bangalore, Karnataka, India.