About Aicumen Innovations Private Limited
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Aicumen Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC114215. Its GSTIN is 29AARCA0559L1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nandini Vedachalam Thirukalukundram and Karthik Balasubramanian.
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 is at No.1125/1672/A 3rd Floor Hsr Sector – VII, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.07 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹80.66 Lakh (net margin -39%) and EBITDA of ₹25.22 Lakh (EBITDA margin 12.2%).
The company is associated with 1 brand: Aicumen Technologies.
For more details, the company can be reached via its website aicumen.com.
Company details
Contact details
Aicumen Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is aicumen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1125/1672/A 3rd Floor Hsr Sector – VII, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aicumen Innovations 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
Aicumen Innovations operates one associated brand: Aicumen Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive decentralized application development solutions. | aicumen.com |
Business activity
The main business activity of Aicumen Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Aicumen Innovations Private Limited, buy the company report.
Financials of Aicumen Innovations Private Limited
FY 2022 filings availableAicumen Innovations Private Limited reported revenue of ₹2.07 Cr (down 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. EBITDA fell 68% 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 | ₹25.22 Lakh | |||
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| Net Profit (PAT) | -₹80.66 Lakh | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | 12.2% | |||
| Net Profit Margin | -39% | |||
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To see the full financial statements and ratios of Aicumen Innovations Private Limited, buy the company report.
Board of directors of Aicumen Innovations Private Limited
Aicumen Innovations 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 |
|---|---|---|---|---|
| Nandini Vedachalam Thirukalukundram Also directs: Digipropel Edu India Private Limited | Director | 23 Jun 2018 | 8 Years 4 Months | Current |
| Karthik Balasubramanian | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Aicumen Innovations Private Limited is audited by SADASHIV PRASAD & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SADASHIV PRASAD & CO | FY 2020 | 010621S |
Shareholding
The shareholding of Aicumen Innovations Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aicumen Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aicumen Innovations 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 Aicumen Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aicumen Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA0559L1Z2 | Karnataka | Active | 04 Feb 2019 |
To see the full GST registrations and return filing status of Aicumen Innovations Private Limited, buy the company report.
Recent activity
Aicumen Innovations Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Karthik Balasubramanian ceased to be Director on 25 Dec 2019.
Frequently asked questions
Aicumen Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 June 2018 (8+ years old) and is registered under CIN U72900KA2018PTC114215.
Aicumen Innovations has 2 current directors:
- Nandini Vedachalam Thirukalukundram - Director
- Karthik Balasubramanian - Director
The latest financial statements of Aicumen Innovations 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 2019 are in the company report.
The GSTIN of Aicumen Innovations is 29AARCA0559L1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Aicumen Innovations is U72900KA2018PTC114215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aicumen Innovations was incorporated on 23 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Karthik Balasubramanian ceased to be Director on 25 Dec 2019. Praveen Nune ceased to be Director on 08 Jan 2019. Karthik Balasubramanian was appointed as Director on 28 Nov 2018. Aicumen Innovations has 4 board changes on record in total.
Aicumen Innovations can be reached through the website aicumen.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aicumen Innovations is at No.11251672A 3rd Floor Hsr Sector – VII, Bangalore, Karnataka, India – 560102.
Aicumen Innovations operates in the information technology industry, in the application development and software solutions segment.
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