Staxo Technology Services Private Limited
About Staxo Technology Services Private Limited
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Staxo Technology Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 17 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC111329. Its GSTIN is 29ABACS0144D1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharan Srinivasan and Mohan Raghothama Lavi.
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 102 Bombay House 55 Kanakapura Road Basavanagudy, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.22 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.09 Lakh (net margin 12.6%) and EBITDA of ₹14.52 Lakh (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years.
Company details
Contact details
Staxo Technology Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address102 Bombay House 55 Kanakapura Road Basavanagudy, Bangalore, Karnataka, India – 560004
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Staxo Technology Services 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
Business activity
The main business activity of Staxo Technology Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Staxo Technology Services Private Limited, buy the company report.
Financials of Staxo Technology Services Private Limited
FY 2024 filings availableStaxo Technology Services Private Limited reported revenue of ₹72.22 Lakh (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over three years, including 30% growth in the latest year. EBITDA rose 82% 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
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| EBITDA | ₹14.52 Lakh | ||||
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| Net Profit (PAT) | ₹9.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 20.1% | ||||
| Net Profit Margin | 12.6% | ||||
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To see the full financial statements and ratios of Staxo Technology Services Private Limited, buy the company report.
Board of directors of Staxo Technology Services Private Limited
Staxo Technology Services 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 |
|---|---|---|---|---|
| Sharan Srinivasan | Director | 17 Mar 2018 | 8 Years 7 Months | Current |
| Mohan Raghothama Lavi Also directs: Rideau Technology Services India Private Limited | Director | 17 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Staxo Technology Services 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 Staxo Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Staxo Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS0144D1ZR | Karnataka | Active | 24 Jul 2018 |
To see the full GST registrations and return filing status of Staxo Technology Services Private Limited, buy the company report.
Recent activity
Staxo Technology Services Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Shashank Chandrashekhar Bhat ceased to be Director on 02 Apr 2022.
Frequently asked questions
Staxo Technology Services is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 17 March 2018 (8+ years old) and is registered under CIN U74999KA2018PTC111329.
Staxo Technology Services has 2 current directors:
- Sharan Srinivasan - Director
- Mohan Raghothama Lavi - Director
The latest financial statements of Staxo Technology Services 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 2018 are in the company report.
The GSTIN of Staxo Technology Services is 29ABACS0144D1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Staxo Technology Services is U74999KA2018PTC111329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Staxo Technology Services was incorporated on 17 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Shashank Chandrashekhar Bhat ceased to be Director on 02 Apr 2022. Mohan Raghothama Lavi was appointed as Director on 17 Mar 2018. Sharan Srinivasan was appointed as Director on 17 Mar 2018.
The registered office of Staxo Technology Services is at 102 Bombay House 55 Kanakapura Road Basavanagudy, Bangalore, Karnataka, India – 560004.
Staxo Technology Services operates in the internet industry, in the online service marketplaces segment.
Staxo Technology Services can be reached at its registered office: 102 Bombay House 55 Kanakapura Road Basavanagudy, Bangalore, Karnataka, India – 560004.