About Possibillion Software Technologies Private Limited
Data last updated:
Possibillion Software Technologies Private Limited was a private limited company based in Secunderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 April 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PTC073798. Its GSTIN is 36AAFCP9668P1ZC (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mahalakshmi Nagubandi and Ayyappa Nagubandi.
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 was at 1 – 20 – 248 1st Floor Survay No 44 Rasoolpura Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2021, the company reported a revenue of ₹10 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹13.89 Lakh (net margin -138.9%) and EBITDA of -₹13.58 Lakh (EBITDA margin -135.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 31% over five years.
The company was associated with 1 brand: Possibillion Technologies.
The last known website on record is possibilliontech.com.
Company details
CIN history
Possibillion Software Technologies has one previous CIN (Corporate Identification Number): U72200AP2011PTC073798. The current CIN is U72200TG2011PTC073798, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2011PTC073798 | Current |
| U72200AP2011PTC073798 | Previous |
Contact details
Possibillion Software Technologies Private Limited's registered office is in Secunderabad, Telangana. Its website is possibilliontech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 – 20 – 248 1st Floor Survay No 44 Rasoolpura Secunderabad, Telangana, India – 500003
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Possibillion Software Technologies 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
Possibillion Software Technologies operates one associated brand: Possibillion Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web and mobile application development services to clients. | possibilliontech.com |
Business activity
The main business activity of Possibillion Software Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Possibillion Software Technologies Private Limited, buy the company report.
Financials of Possibillion Software Technologies Private Limited
FY 2021 filings availablePossibillion Software Technologies Private Limited reported revenue of ₹10 Lakh (down 63% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 63% fall in the latest year. EBITDA rose 24% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹13.58 Lakh | ||||
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| Net Profit (PAT) | -₹13.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -135.8% | ||||
| Net Profit Margin | -138.9% | ||||
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To see the full financial statements and ratios of Possibillion Software Technologies Private Limited, buy the company report.
Board of directors of Possibillion Software Technologies Private Limited
Possibillion Software Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayyappa Nagubandi Also directs: Meaningful Foods LLP, Broadcast Wearables Private Limited | Additional Director | 01 Jan 2013 | 13 Years 10 Months | As last reported |
| Mahalakshmi Nagubandi | Director | 12 Apr 2011 | 15 Years 7 Months | As last reported |
Shareholding
The shareholding of Possibillion Software Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Possibillion Software Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Possibillion Software Technologies 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 Possibillion Software Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Possibillion Software Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCP9668P1ZC | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Possibillion Software Technologies Private Limited, buy the company report.
Recent activity
Possibillion Software Technologies Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Ayyappa Nagubandi was appointed as Additional Director on 01 Jan 2013.
Frequently asked questions
Possibillion Software Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Possibillion Software Technologies was a private limited company based in Secunderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 12 April 2011 and is registered under CIN U72200TG2011PTC073798. The company has been struck off by the Registrar of Companies and is no longer operational.
Possibillion Software Technologies had 2 directors:
- Ayyappa Nagubandi - Additional Director
- Mahalakshmi Nagubandi - Director
The CIN (Corporate Identification Number) of Possibillion Software Technologies is U72200TG2011PTC073798. 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 Possibillion Software Technologies is at 1 – 20 – 248 1st Floor Survay No 44 Rasoolpura Secunderabad, Telangana, India – 500003.
Possibillion Software Technologies was incorporated on 12 April 2011. It is registered with the Registrar of Companies, Hyderabad.
Possibillion Software Technologies can be reached through the website possibilliontech.com. Its registered office is in Secunderabad, Telangana, India.
The latest financial statements of Possibillion Software Technologies 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 2015 are in the company report.
The GSTIN of Possibillion Software Technologies is 36AAFCP9668P1ZC, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Possibillion Software Technologies operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
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