About Akvo Development Tools and Services Private Limited
Data last updated:
Akvo Development Tools and Services Private Limited was a private limited company based in New, Delhi, India, operated as a subsidiary of Akvo Foundation. 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 data processing and IT services segment of the technology and IT services sector. It was incorporated on 28 July 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2014PTC269609. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.75 Lakh. It was led by directors Deepak Peethambaran Menon and Ayan Biswas.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 371 Air Force And Naval Officers Enclave Plot 11 Sector 7 Dwarka, New, Delhi, India – 110075.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.74 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹48.4 Lakh (net margin -27.8%) and EBITDA of -₹43.35 Lakh (EBITDA margin -24.9%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years.
The company was associated with 1 brand: Akvo.
The last known website on record is akvo.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address371 Air Force And Naval Officers Enclave Plot 11 Sector 7 Dwarka, New, Delhi, India – 110075
- IndustryInformation Technology, Data Processing, Hosting and Related 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
- One PDF report, delivered after checkout
Business Activity of Akvo Development Tools and Services Private Limited
The main business activity of Akvo Development Tools and Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Akvo Development Tools and Services Private Limited FY 2018 filings available
Akvo Development Tools and Services Private Limited reported revenue of ₹1.74 Cr (down 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Akvo Development Tools and Services Private Limited
Revenue fell 38% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 147%. EBITDA fell 356% 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 Akvo Development Tools and Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹43.35 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹48.4 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 of Akvo Development Tools and Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -24.9% | •••• | •••• | •••• |
| Net Profit Margin | -27.8% | •••• | •••• | •••• |
| 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 Akvo Development Tools and Services are in the company report.
Financial statements from 2015
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 Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Its own revenue is ₹1.74 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dyndatatech India Private Limited | ₹1.76 Cr | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Ventesb2b Technologies Private Limited | ₹1.75 Cr | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ivivace Technologies Private Limited | ₹1.75 Cr | •••• | •••• | •••• | - | Rewari, Haryana, India |
| Campus365 Edunet Private Limited | ₹1.75 Cr | •••• | •••• | •••• | 27 | New Delhi, Delhi, India |
| Oneonone Technology Private Limited | ₹1.75 Cr | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Akvo Development Tools and Services Private Limited this company | ₹1.74 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bitoone Techplode Private Limited | ₹1.73 Cr | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Pabrai India Private Limited | ₹1.73 Cr | •••• | •••• | •••• | - | Puducherry, Pondicherry, India |
| Micronix Technologies Private Limited | ₹1.73 Cr | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Apsc Infotech and Software Solutions Private Limited | ₹1.71 Cr | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Perfect Stayz Private Limited | ₹1.71 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Akvo Development Tools and Services by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services Private Limited is audited by Sanjay Aditya & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sanjay Aditya & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services 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 |
|---|---|---|---|---|
| Deepak Peethambaran Menon Also directs: Firefly Consultants Private Limited | Director | 19 Sep 2015 | 11 Years 0 Months | As last reported |
| Ayan Biswas | Director | 16 Apr 2016 | 10 Years 5 Months | As last reported |
Ownership and Shareholding of Akvo Development Tools and Services 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 Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akvo Development Tools and Services Private Limited
Employment history and EPFO contributions of people linked to Akvo Development Tools and Services.
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 Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Joy Ghosh ceased to be Director on 29 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Akvo Development Tools and Services 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 Akvo Development Tools and Services 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 Akvo Development Tools and Services 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 Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services 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 Akvo Development Tools and Services 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 Akvo Development Tools and Services Private Limited
Akvo Development Tools and Services 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.
Akvo Development Tools and Services was a private limited company based in New, Delhi, India. The company worked in data processing, within the information technology industry. It was incorporated on 28 July 2014 and is registered under CIN U74140DL2014PTC269609. The company has been struck off by the Registrar of Companies and is no longer operational.
Akvo Development Tools and Services had 2 directors:
- Deepak Peethambaran Menon - Director
- Ayan Biswas - Director
The CIN (Corporate Identification Number) of Akvo Development Tools and Services is U74140DL2014PTC269609. 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 Akvo Development Tools and Services is at 371 Air Force And Naval Officers Enclave Plot 11 Sector 7 Dwarka, New, Delhi, India – 110075.
Akvo Development Tools and Services was incorporated on 28 July 2014. It is registered with the Registrar of Companies, Delhi.
Akvo Development Tools and Services can be reached through the website akvo.org. Its registered office is in New, Delhi, India.
Akvo Development Tools and Services reported revenue of ₹1.74 Cr for FY 2018 (down 38% YoY).
Akvo Development Tools and Services has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.75 Lakh.
Akvo Development Tools and Services reported a net loss of ₹48.4 Lakh (net margin -27.8%) and EBITDA of -₹43.35 Lakh (EBITDA margin -24.9%) for FY 2018, as per its filed financial statements.
No. Akvo Development Tools and Services has 2 GST registrations on record and all of them are cancelled or inactive.