About Algobitz Private Limited
Data last updated: 06 January 2026
Algobitz Private Limited is a private limited company based in Delhi, Delhi, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 16 March 2017, the company has been in operation for over 9 years.
Registered with ROC Delhi under CIN U72900DL2017PTC314516.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. Formerly known as Shangari Capital Global Private Limited and Shangari Capital & Finance Private Limited. It is led by directors Ranjit Kumar and Smriti.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 108 H – Block Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.69 Cr, a decline of 56% compared to the previous year.
The company has a workforce of approximately 10 employees as per the latest available data.
The company is associated with 2 brands - Shangari Global, Lala World.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shangariglobal.com.
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Registered Address108 H – Block Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Algobitz Private Limited
Algobitz Private Limited has undergone 7 name changes throughout its history. The current legal name is Algobitz Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Algobitz Private Limited | Current |
| Shangari Capital Global Private Limited | Previous |
| Shangari Capital & Finance Private Limited | Previous |
| Shangari Capital And Associates Private Limited | Previous |
| Shangari Capital India Private Limited | Previous |
| Shangari Global Private Limited | Previous |
| Identisuite Private Limited | Previous |
Associated Brands with Algobitz Private Limited
Algobitz Private Limited operates two associated brands: Shangari Global and LALA World. These brands represent Algobitz Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specializes in application development for custom software solutions. | shangariglobal.com | |
| Financial ecosystem is offered to underbanked and migrant populations. | lalaworld.io |
Competitors & Alternatives of Algobitz Private Limited
Brands and companies operating in the same space as Algobitz Private Limited include Stripe, PayU, Flutterwave and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
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Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
PayU
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Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
Flutterwave
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Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Xendit
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Online payment and money transfer platform for businesses | Jakarta, Indonesia, Indonesia | 2015 |
FOMO Pay
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Diversified payment processing solutions are provided to merchants. | Singapore, Singapore, Singapore | 2015 |
2C2P
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Payment processing solutions for businesses | Singapore, Singapore, Singapore | 2003 |
ACI Worldwide
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Digital payments are processed and managed via specialized solutions. | Omaha, United States, United States | 1975 |
Hedgehog lab
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Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
AlmavivA
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IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
AKQA
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Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia, Saudi Arabia | 1994 |
Business Activity of Algobitz Private Limited
Algobitz Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Algobitz Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Algobitz Private Limited
Algobitz Private Limited is audited by M Agarwal & Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M Agarwal & Associates | Locked | Locked | Locked |
Complete auditor history for Algobitz Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Algobitz Private Limited
Algobitz Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjit Kumar | Director | 22 Jun 2017 | 9 Years 1 Months | Current |
| Smriti | Director | 20 Dec 2019 | 6 Years 7 Months | Current |
Financials of Algobitz Private Limited FY 2025 filings available
Algobitz Private Limited reported revenue of ₹2.69 Cr (down 56.00% YoY) for FY 2024.
Ten-year financial statements for Algobitz Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Algobitz Private Limited
Shareholding and ownership data for Algobitz Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings Algobitz Private Limited
Algobitz Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Algobitz Private Limited
Algobitz Private Limited has a workforce of 10 employees as of Apr 08, 2024.
Employee and EPFO history for Algobitz Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Algobitz Private Limited
GST registrations and filing compliance for Algobitz Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Algobitz Private Limited
Credit ratings, litigation, and regulatory alerts for Algobitz Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Algobitz Private Limited
MSME payment history for Algobitz Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Algobitz Private Limited
Corporate group structure for Algobitz Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Algobitz Private Limited
MCA filings and documents for Algobitz Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Algobitz Private Limited
Frequently Asked Questions about Algobitz Private Limited
Algobitz Private Limited is an active private limited company in the information technology sector based in Delhi, Delhi, India. It was incorporated on 16 March 2017 (9+ years old) and is registered under CIN U72900DL2017PTC314516. The company has 10 employees.
Algobitz Private Limited reported revenue of ₹2.69 Cr for FY 2024 (down 56.00% YoY).
The current directors of Algobitz Private Limited are:
- Ranjit Kumar - Director
- Smriti - Director
The primary industry of Algobitz Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Algobitz Private Limited can be reached at the registered office: 108 H – Block Ashok Vihar Phase – 1, Delhi, Delhi, India – 110052, or through the website shangariglobal.com.
The authorised capital is ₹50 Lakh, and the paid-up capital is ₹50 Lakh.