V16 Technologies Private Limited
About V16 Technologies Private Limited
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V16 Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 12 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC095708. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devamma Ningappa Challagi and Ningappa Kanteppa Challagi.
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 is at No.402 4th Floor Skyline City Tower Block Nagarabhavi 1st Stage, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.95 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹53,859 (net margin 18.2%) and EBITDA of ₹93,453 (EBITDA margin 31.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo.402 4th Floor Skyline City Tower Block Nagarabhavi 1st Stage, Bangalore, Karnataka, India – 560072
- IndustryBusiness Services, Miscellaneous Business Activities
- 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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Business Activity of V16 Technologies Private Limited
The main business activity of V16 Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of V16 Technologies Private Limited FY 2021 filings available
V16 Technologies Private Limited reported revenue of ₹2.95 Lakh (up 5% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of V16 Technologies Private Limited
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 133% 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 of V16 Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹93,453 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53,859 | •••• | •••• | •••• | •••• |
| 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 of V16 Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of V16 Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of V16 Technologies Private Limited
V16 Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Twobeards Consulting Private Limited | ₹2.96 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Vupc Bioweb Intellects (India) Private Limited | ₹2.96 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| E-Learn Media Private Limited | ₹2.96 Lakh (FY 2025) | •••• | •••• | 60.0% | •••• | Chennai, Tamil Nadu, India |
| Fourise Software Solutions Private Limited | ₹2.96 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Everable Techno Private Limited | ₹2.96 Lakh (FY 2024) | •••• | •••• | 52.0% | •••• | Delhi, India |
| V16 Technologies Private Limited this company | ₹2.95 Lakh (FY 2021) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Ctronics Infotech Private Limited | ₹2.95 Lakh (FY 2025) | •••• | •••• | •••• | Amravati, Maharashtra, India | |
| Datahive Labs Private Limited | ₹2.95 Lakh (FY 2024) | •••• | •••• | 205.0% | •••• | Bangalore, Karnataka, India |
| Technobeans IT Solutions Private Limited | ₹2.95 Lakh (FY 2017) | •••• | •••• | -81.0% | •••• | Kozhikode, Kerala, India |
| Verma Infotech Private Limited | ₹2.95 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Rajgarh, Rajasthan, India |
| Shuhariagile Consulting Private Limited | ₹2.95 Lakh (FY 2018) | •••• | •••• | -92.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below V16 Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of V16 Technologies Private Limited
V16 Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devamma Ningappa Challagi | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Ningappa Kanteppa Challagi | Additional Director | 02 May 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of V16 Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of V16 Technologies Private Limited
V16 Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at V16 Technologies Private Limited
V16 Technologies Private Limited has a workforce of 1 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on V16 Technologies Private Limited
V16 Technologies Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Ningappa Kanteppa Challagi was appointed as Additional Director on 02 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for V16 Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by V16 Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of V16 Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of V16 Technologies Private Limited
V16 Technologies 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.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of V16 Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about V16 Technologies Private Limited
V16 Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 12 August 2016 (10+ years old) and is registered under CIN U74900KA2016PTC095708.
V16 Technologies reported revenue of ₹2.95 Lakh for FY 2021 (up 5% YoY).
V16 Technologies has 2 current directors:
- Devamma Ningappa Challagi - Director
- Ningappa Kanteppa Challagi - Additional Director
V16 Technologies reported a net profit of ₹53,859 (net margin 18.2%) and EBITDA of ₹93,453 (EBITDA margin 31.6%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of V16 Technologies is -36% over three years. In the latest year (FY 2021) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
No. V16 Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of V16 Technologies is U74900KA2016PTC095708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V16 Technologies was incorporated on 12 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of V16 Technologies by revenue are Twobeards Consulting Private Limited, Vupc Bioweb Intellects (India) Private Limited, E-Learn Media Private Limited, Fourise Software Solutions Private Limited, Everable Techno Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ningappa Kanteppa Challagi was appointed as Additional Director on 02 May 2023. Shakuntala Shivappa Kori ceased to be Director on 02 May 2023. Devamma Ningappa Challagi was appointed as Director on 11 Jan 2021. V16 Technologies has 4 board changes on record in total.
The registered office of V16 Technologies is at No.402 4th Floor Skyline City Tower Block Nagarabhavi 1st Stage, Bangalore, Karnataka, India – 560072.