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Turnip Technologies Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2022
₹43.13 Lakh
▼ 41% YoY
Net profit · FY 2022
₹18.63 Lakh
Net margin 43.2%
EBITDA · FY 2022
₹19.57 Lakh
EBITDA margin 45.4%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹33.01 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Turnip Technologies Private Limited
Data last updated:
Turnip Technologies Private Limited was a private limited company based in Bangalore, Karnataka, 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 18 July 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104764. Its GSTIN is 29AAGCT3457K1ZT (Karnataka).
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹33.01 Lakh. It was led by directors Preethy Varghese and Ganatra Vipul Dilip.
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 was at #203 4th Cross 3rd Block Hrbr Layout, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2022, the company reported a revenue of ₹43.13 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹18.63 Lakh (net margin 43.2%) and EBITDA of ₹19.57 Lakh (EBITDA margin 45.4%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years.
The company was associated with 1 brand: Brongo.
The last known website on record is brongo.in.
Company details
CIN U74999KA2017PTC104764
Registration Number 104764
Incorporation Date 18 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Turnip Technologies
Contact details
Turnip Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is brongo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#203 4th Cross 3rd Block Hrbr Layout, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Turnip Technologies Private Limited, buy the company report.
Comprehensive company report
Turnip 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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Financials of Turnip Technologies Private Limited
FY 2022 filings availableTurnip Technologies Private Limited reported revenue of ₹43.13 Lakh (down 41% YoY) for FY 2022.
Revenue · FY 2022
₹43.13 Lakh ▼ 41%
Net profit · FY 2022
₹18.63 Lakh margin 43.2%
EBITDA · FY 2022
₹19.57 Lakh margin 45.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 102%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 32%
Revenue fell 41% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 102%. 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
| 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 | ₹43.13 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.63 Lakh | ||||
| 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 | 45.4% | ||||
| Net Profit Margin | 43.2% | ||||
| 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 Turnip Technologies Private Limited, buy the company report.
Board of directors of Turnip Technologies Private Limited
Turnip Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preethy Varghese | Director | 15 Nov 2019 | 6 Years 11 Months | As last reported |
| Ganatra Vipul Dilip | Director | 26 Aug 2021 | 5 Years 2 Months | As last reported |
Auditor
Turnip Technologies Private Limited is audited by ASHOK KUMAR S & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KUMAR S & ASSOCIATES | FY 2022 | 023131S |
Shareholding
The shareholding of Turnip Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Turnip Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Turnip 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 Turnip Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Turnip Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT3457K1ZT | Karnataka | Active | 26 Sep 2017 |
To see the full GST registrations and return filing status of Turnip Technologies Private Limited, buy the company report.
Recent activity
Turnip Technologies Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Ganatra Vipul Dilip ceased to be Additional Director on 30 Nov 2021.
AGM
Turnip Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Turnip Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Ganatra Vipul Dilip ceased to be Additional Director.
Ceased
Narayan Lal ceased to be Managing Director.
Appointed
Ganatra Vipul Dilip was appointed as Director.
Ceased
Preethy Varghese ceased to be Additional Director.
Ceased
Chaitanya Cotha Vinod ceased to be Director.
Appointed
Preethy Varghese was appointed as Director.
Incorporation
18 Jul 2017
Turnip Technologies Private Limited was registered on 18 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Turnip 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.
Turnip Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 18 July 2017 and is registered under CIN U74999KA2017PTC104764. The company has been struck off by the Registrar of Companies and is no longer operational.
Turnip Technologies had 2 directors:
- Preethy Varghese - Director
- Ganatra Vipul Dilip - Director
The CIN (Corporate Identification Number) of Turnip Technologies is U74999KA2017PTC104764. 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 Turnip Technologies is at #203 4th Cross 3rd Block Hrbr Layout, Bangalore, Karnataka, India – 560043.
Turnip Technologies was incorporated on 18 July 2017. It is registered with the Registrar of Companies, Bangalore.
Yes, Turnip Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Turnip Technologies can be reached through the website brongo.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Turnip Technologies 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 FY 2018 are in the company report.
The GSTIN of Turnip Technologies is 29AAGCT3457K1ZT, registered in Karnataka.
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