About Akvo Development Tools and Services Private Limited
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Akvo Development Tools and Services Private Limited was a private limited company based in New Delhi, 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, 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.
Company details
Contact details
Akvo Development Tools and Services Private Limited's registered office is in New Delhi, Delhi. Its website is akvo.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address371 Air Force And Naval Officers Enclave Plot 11 Sector 7 Dwarka, New Delhi, Delhi, India – 110075
- IndustryInformation Technology, Data Processing, Hosting and Related Activities
To see the full contact details of Akvo Development Tools and Services 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Akvo Development Tools and Services Private Limited, buy the company report.
Financials of Akvo Development Tools and Services Private Limited
FY 2018 filings availableAkvo Development Tools and Services Private Limited reported revenue of ₹1.74 Cr (down 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹43.35 Lakh | |||
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| Net Profit (PAT) | -₹48.4 Lakh | |||
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Financial Ratios
| 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) | ||||
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To see the full financial statements and ratios of Akvo Development Tools and Services Private Limited, buy the company report.
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 1 Months | As last reported |
| Ayan Biswas | Director | 16 Apr 2016 | 10 Years 6 Months | As last reported |
Peer comparison
Akvo Development Tools and Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dyndatatech India Private Limited | ₹1.76 Cr (FY 2024) | 140.0% | Bangalore, Karnataka, India | |||
| Ventesb2b Technologies Private Limited | ₹1.75 Cr (FY 2023) | -70.0% | Pune, Maharashtra, India | |||
| Ivivace Technologies Private Limited | ₹1.75 Cr (FY 2024) | 73.0% | Rewari, Haryana, India | |||
| Campus365 Edunet Private Limited | ₹1.75 Cr (FY 2023) | 290.0% | New Delhi, Delhi, India | |||
| Oneonone Technology Private Limited | ₹1.75 Cr (FY 2024) | 822.0% | Kolkata, West Bengal, India | |||
| Akvo Development Tools and Services Private Limitedthis company | ₹1.74 Cr (FY 2018) | -₹48.4 Lakh | -27.8% | -38.0% | New Delhi, Delhi, India | |
| Bitoone Techplode Private Limited | ₹1.73 Cr (FY 2025) | -37.0% | Ahmedabad, Gujarat, India | |||
| Pabrai India Private Limited | ₹1.73 Cr (FY 2024) | 16.0% | Puducherry, India | |||
| Micronix Technologies Private Limited | ₹1.73 Cr (FY 2021) | 14.0% | Kolkata, West Bengal, India | |||
| Apsc Infotech and Software Solutions Private Limited | ₹1.71 Cr (FY 2025) | -29.0% | Nashik, Maharashtra, India | |||
| Perfect Stayz Private Limited | ₹1.71 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Akvo Development Tools and Services Private Limited, buy the company report.
Auditor
Akvo Development Tools and Services Private Limited is audited by Sanjay Aditya & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Aditya & Associates | FY 2017 | 11495N |
Shareholding
The shareholding of Akvo Development Tools and Services 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 Akvo Development Tools and Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akvo Development Tools and Services 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 Akvo Development Tools and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Akvo Development Tools and Services Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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, 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, 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, Delhi, India.
The latest financial statements of Akvo Development Tools and Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Akvo Development Tools and Services has 2 GST registrations on record and all of them are cancelled or inactive.
Akvo Development Tools and Services operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.
The peers of Akvo Development Tools and Services by revenue are Dyndatatech India Private Limited, Ventesb2b Technologies Private Limited, Ivivace Technologies Private Limited, Campus365 Edunet Private Limited, Oneonone Technology Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
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