About Zapstitch Technologies Private Limited
Data last updated:
Zapstitch 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 computer programming segment of the technology and IT services sector. It was incorporated on 12 August 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC070529.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.62 Lakh. It was led by directors Satya Padmanabham Devarakonda and Ravi Krishna Kishore Madabhushi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at First Floor No 159 2nd Main 6th Cross St Bed Layout 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.13 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Lakh (net margin -30.9%) and EBITDA of -₹1.21 Lakh (EBITDA margin -23.6%).
The company was associated with 1 brand: Pipemonk. The company has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.05 Cr; the latest was in January 2017. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is Aspirea Tech Private Limited with revenue of ₹5.14 Lakh.
The last known website on record is zapstitch.com.
Company details
Contact details
Zapstitch Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressFirst Floor No 159 2nd Main 6th Cross St Bed Layout 4th Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Computer Programming, Consultancy
- 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
Zapstitch Technologies operates one associated brand: Pipemonk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based data integration is provided for SMBs across SaaS applications. | pipemonk.com |
Business activity
The main business activity of Zapstitch 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 Zapstitch Technologies Private Limited, buy the company report.
Financials of Zapstitch Technologies Private Limited
FY 2016 filings availableZapstitch Technologies Private Limited reported revenue of ₹5.13 Lakh (down 44% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.21 Lakh | |
| Profit Before Tax | ||
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| Net Profit (PAT) | -₹1.59 Lakh | |
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -23.6% | |
| Net Profit Margin | -30.9% | |
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To see the full financial statements and ratios of Zapstitch Technologies Private Limited, buy the company report.
Board of directors of Zapstitch Technologies Private Limited
Zapstitch 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 |
|---|---|---|---|---|
| Ravi Krishna Kishore Madabhushi Also directs: Scalekit Technologies India Private Limited, Sanjan Advisors LLP | Additional Director | 07 Oct 2016 | 10 Years 1 Months | As last reported |
| Satya Padmanabham Devarakonda Also directs: Scalekit Technologies India Private Limited | Director | 12 Aug 2013 | 13 Years 2 Months | As last reported |
Peer comparison
Zapstitch Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspirea Tech Private Limited | ₹5.14 Lakh (FY 2017) | -3.0% | Bangalore, Karnataka, India | |||
| Iroxen Technologies Private Limited | ₹5.14 Lakh (FY 2023) | -42.0% | New Delhi, Delhi, India | |||
| Appsinai Private Limited | ₹5.14 Lakh (FY 2024) | 19.0% | Coimbatore, Tamil Nadu, India | |||
| Influocial Technologies Private Limited | ₹5.13 Lakh (FY 2022) | 396.0% | Kozhikode, Kerala, India | |||
| Zapstitch Technologies Private Limitedthis company | ₹5.13 Lakh (FY 2016) | -₹1.59 Lakh | -30.9% | -44.0% | Bangalore, Karnataka, India | |
| Skyaltum Global Services Private Limited | ₹5.13 Lakh (FY 2023) | 4.0% | Bangalore, Karnataka, India | |||
| Paradigmsoft IT Solutions Private Limited | ₹5.13 Lakh (FY 2021) | 195.0% | Hyderabad, Telangana, India | |||
| WBN Technology Private Limited | ₹5.12 Lakh (FY 2024) | 1347.0% | Kalkrola, Delhi, India | |||
| Dpanyaa Creative Agency Private Limited | ₹5.12 Lakh (FY 2024) | Hyderabad, Telangana, India |
To see the full peer comparison of Zapstitch Technologies Private Limited, buy the company report.
Deals & funding
Zapstitch Technologies Private Limited has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.05 Cr; the latest was in January 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Acquisition | Undisclosed | Buyer: Freshworks Inc. Seller: Helion Venture Partners, Orios Venture Partners, an individual |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2014 | Funding round | ₹1.05 Cr | Investors: Orios Venture Partners, 3 individuals |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Zapstitch 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 Zapstitch Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Zapstitch Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Zapstitch Technologies Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Ravi Krishna Kishore Madabhushi was appointed as Additional Director on 07 Oct 2016.
Frequently asked questions
Zapstitch 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.
Zapstitch Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 12 August 2013 and is registered under CIN U72200KA2013PTC070529. The company has been struck off by the Registrar of Companies and is no longer operational.
Zapstitch Technologies had 2 directors:
- Ravi Krishna Kishore Madabhushi - Additional Director
- Satya Padmanabham Devarakonda - Director
The CIN (Corporate Identification Number) of Zapstitch Technologies is U72200KA2013PTC070529. 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 Zapstitch Technologies is at First Floor No 159 2nd Main 6th Cross St Bed Layout 4th Block Koramangala, Bangalore, Karnataka, India – 560034.
Zapstitch Technologies was incorporated on 12 August 2013. It is registered with the Registrar of Companies, Bangalore.
Zapstitch Technologies can be reached through the website zapstitch.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Zapstitch Technologies on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Zapstitch Technologies operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
Zapstitch Technologies has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.05 Cr; the latest was in January 2017.
The peers of Zapstitch Technologies by revenue are Aspirea Tech Private Limited, Iroxen Technologies Private Limited, Appsinai Private Limited, Influocial Technologies Private Limited, Skyaltum Global Services Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
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