About Algorythmix Tech Private Limited
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Algorythmix Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 11 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2016PTC274178. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Utkarsh Verma and Varun Sandeep Agarwal.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 715 Palms 1 Condo Aarey Milk Colony Survy No 169 Nr Unit No 26, Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2020, the company reported a revenue of ₹35.99 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.09 Lakh (net margin 14.1%) and EBITDA of ₹5.3 Lakh (EBITDA margin 14.7%).
The company is associated with 1 brand: Algorythmix Tech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algorythmix.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address715 Palms 1 Condo Aarey Milk Colony Survy No 169 Nr Unit No 26, Mumbai, Maharashtra, India – 400065
- IndustryInformation Technology, Database Management & Solutions
- 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
Associated Brands with Algorythmix Tech Private Limited
Algorythmix Tech operates one associated brand: Algorythmix Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops applications based on Ethereum blockchain technology. | algorythmix.in |
Competitors & Alternatives of Algorythmix Tech Private Limited
Brands and companies operating in the same space as Algorythmix Tech Private Limited include IDnow, Perfios, IDfy and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 IDnow | Automated and expert-led identity verification services are provided. | Munich, Germany | 2010 |
 Perfios | Provides financial technology solutions for data analysis and verification globally. | Bengaluru, India | 2008 |
 IDfy | Identity verification, background screening, and fraud prevention solutions are provided. | Mumbai, India | 2011 |
 Signicat | Software solutions for identity management are provided via APIs. | Trondheim, Norway | 2006 |
 Onfido | Identity verification solutions are provided, including document and biometric authentication. | London, United Kingdom | 2012 |
 Fenergo | Cloud based KYC and AML management software | Dublin, Ireland | 2009 |
 Parallel Markets | Software solutions for private market investors | New York, United States | 2018 |
 Encompass | Corporate Digital Identity and KYC solutions are provided by Encompass. | Glasgow, United Kingdom | 2011 |
 HID Global | Cloud-based physical identity and access management systems are developed. | Austin, United States | 1991 |
 Digio | Mobile platform offering credit cards | Sao Paulo, Brazil | 2016 |
Business Activity of Algorythmix Tech Private Limited
The main business activity of Algorythmix Tech 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.
Auditor Details of Algorythmix Tech Private Limited
Algorythmix Tech Private Limited is audited by SRIVASTAVA PRIYANKA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRIVASTAVA PRIYANKA & CO | 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 Algorythmix Tech Private Limited
Algorythmix Tech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Utkarsh Verma | Director | 22 Sep 2016 | 10 Years 0 Months | Current |
| Varun Sandeep Agarwal | Director | 07 Nov 2016 | 9 Years 11 Months | Current |
Financials of Algorythmix Tech Private Limited FY 2020 filings available
Algorythmix Tech Private Limited reported revenue of ₹35.99 Lakh (up 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Algorythmix Tech Private Limited
Revenue rose 6% in the latest year. EBITDA fell 39% 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 Algorythmix Tech Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹5.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.09 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Algorythmix Tech Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Algorythmix Tech are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Algorythmix Tech 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 Algorythmix Tech Private Limited
Algorythmix Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Algorythmix Tech Private Limited
Employment history and EPFO contributions of people linked to Algorythmix Tech.
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.
GST Compliance of Algorythmix Tech Private Limited
Algorythmix Tech has 1 GST registration on record, and it has been cancelled or is 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.
Credit Ratings, Litigation & Regulatory Alerts for Algorythmix Tech 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 Algorythmix Tech 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 Algorythmix Tech 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.
MCA Filings & Documents of Algorythmix Tech 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.
Recent Activity on Algorythmix Tech Private Limited
Frequently Asked Questions about Algorythmix Tech Private Limited
Algorythmix Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 11 March 2016 (10+ years old) and is registered under CIN U72300MH2016PTC274178.
Algorythmix Tech reported revenue of ₹35.99 Lakh for FY 2020 (up 6% YoY).
Algorythmix Tech has 2 current directors:
- Utkarsh Verma - Director
- Varun Sandeep Agarwal - Director
Algorythmix Tech reported a net profit of ₹5.09 Lakh (net margin 14.1%) and EBITDA of ₹5.3 Lakh (EBITDA margin 14.7%) for FY 2020, as per its filed financial statements.
No. Algorythmix Tech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Algorythmix Tech is U72300MH2016PTC274178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algorythmix Tech was incorporated on 11 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Algorythmix Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Algorythmix Tech can be reached through the website algorythmix.in. Its registered office is in Mumbai, Maharashtra, India.