About Akube Technologies Private Limited
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Akube Technologies Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the personalized gifts and merchandise segment of the e-commerce sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2006PTC146141. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.73 Lakh. It is led by directors Karamveer Singh and Aman Chaurasiya.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 140 – C Bg – 6 Paschim Vihar, New Delhi, Delhi, India – 110063.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.55 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹2.09 Lakh (net margin -13.5%) and EBITDA of -₹1.82 Lakh (EBITDA margin -11.7%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company is associated with 1 brand: Itasveer.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website itasveer.com.
Company details
Contact details
Akube Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is itasveer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address140 – C Bg – 6 Paschim Vihar, New Delhi, Delhi, India – 110063
- IndustryE-Commerce, Personalized Gifts & Merchandise
To see the full contact details of Akube Technologies 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
Akube Technologies operates one associated brand: Itasveer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online photo printing and personalized merchandise services. | itasveer.com |
Business activity
The main business activity of Akube Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Akube Technologies Private Limited, buy the company report.
Financials of Akube Technologies Private Limited
FY 2017 filings availableAkube Technologies Private Limited reported revenue of ₹15.55 Lakh (down 36% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 36% fall in the latest year. EBITDA rose 42% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹15.55 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.09 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -11.7% | ||
| Net Profit Margin | -13.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Akube Technologies Private Limited, buy the company report.
Board of directors of Akube Technologies Private Limited
Akube Technologies has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karamveer Singh Also directs: Darkstar Creative Garage LLP, Citrus Web Solutions Private Limited, Ayush Software Private Limited and 1 more | Director | 01 Aug 2011 | 15 Years 2 Months | Current |
| Aman Chaurasiya | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Akube Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Customized Gifts), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Firstwishme Foods Limited | ₹19.11 Lakh (FY 2023) | Anakapalle, Andhra Pradesh, India | ||||
| Monumental Gifts Private Limited | ₹16.19 Lakh (FY 2025) | 59.0% | Chennai, Tamil Nadu, India | |||
| Akube Technologies Private Limitedthis company | ₹15.55 Lakh (FY 2017) | -₹2.09 Lakh | -13.5% | -36.0% | New Delhi, Delhi, India | |
| The Yellow Door Enterprises Private Limited | ₹15.41 Lakh (FY 2025) | -68.0% | Gurgaon, Haryana, India | |||
| Tvami Handicrafts Private Limited | ₹15 Lakh (FY 2025) | -6.0% | Bangalore, Karnataka, India | |||
| Bhootiya Ventures Private Limited | ₹11.37 Lakh (FY 2024) | Delhi, India |
To see the full peer comparison of Akube Technologies Private Limited, buy the company report.
Auditor
Akube Technologies Private Limited is audited by SUDESH KUMAR & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDESH KUMAR & COMPANY | FY 2017 | 502040 |
Shareholding
The shareholding of Akube Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Akube Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akube 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 Akube Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akube 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.
To see the full GST registrations and return filing status of Akube Technologies Private Limited, buy the company report.
Recent activity
Akube Technologies Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Aman Chaurasiya was appointed as Director on 20 Sep 2017.
1 earlier event is in the company report.
Frequently asked questions
Akube Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in personalized gifts and merchandise, within the e-commerce industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U72200DL2006PTC146141.
Akube Technologies has 2 current directors:
- Karamveer Singh - Director
- Aman Chaurasiya - Director
The latest financial statements of Akube Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Akube Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Akube Technologies is U72200DL2006PTC146141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akube Technologies was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Akube Technologies by revenue are Firstwishme Foods Limited, Monumental Gifts Private Limited, The Yellow Door Enterprises Private Limited, Tvami Handicrafts Private Limited, Bhootiya Ventures Private Limited, all in the Ecommerce and Internet industry (Customized Gifts), with the same principal business activity (retail trading).
Aman Chaurasiya was appointed as Director on 20 Sep 2017. Soumitra Sengupta ceased to be Director on 18 Sep 2017. Komal Samuel Jeremiah ceased to be Director on 22 Aug 2013. Akube Technologies has 10 board changes on record in total.
Akube Technologies can be reached through the website itasveer.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Akube Technologies is at 140 – C Bg – 6 Paschim Vihar, New Delhi, Delhi, India – 110063.
Akube Technologies operates in the e-commerce industry, in the personalized gifts and merchandise segment.