About Ample Technologies Private Limited
Data last updated:
Ample Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 23 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51506KA1999PTC025505. Its GSTIN is 29AACCA3959R1ZV (Karnataka). The company holds 21 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.96 Cr. It is led by directors Ashok Kumar Narang (Whole-Time Director) and Rajesh Narang Ashok (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.91/1 Nikhil 6th A Main10Th Cross Hmt Layout R.T. Nagar Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,627.2 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.8 Cr (net margin 0.4%) and EBITDA of ₹39.05 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 28% over five years.
The company has about 644 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹280.75 Cr and satisfied charges of ₹80.97 Cr on record. Court records list 36 cases involving the company, including 19 filed by the company and 18 filed against it; 6 cases are pending. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8 Lakh; the latest was in September 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ample.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.91/1 Nikhil 6th A Main10Th Cross Hmt Layout R.T. Nagar Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
The main business activity of Ample Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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
Financials of Ample Technologies Private Limited
FY 2024 filings availableAmple Technologies Private Limited reported revenue of ₹1,627.2 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 14% growth in the latest year. EBITDA fell 33% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹39.05 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹5.8 Cr | |
| 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.4% | |
| Net Profit Margin | 0.4% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Ample Technologies are in the company report.
: available in the company report
Board of Directors of Ample Technologies Private Limited
Ample Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Narang Also directs: Cauvery Labs Private Limited, Ample Retail Private Limited, Ample Digital Private Limited and 1 more | Whole-Time Director | 21 Jan 2000 | 26 Years 9 Months | Current |
| Rajesh Narang Ashok Also directs: Cauvery Labs Private Limited, Ample Retail Private Limited, Ample Digital Private Limited and 4 more | Whole-Time Director | 23 Jul 1999 | 27 Years 2 Months | Current |
Auditor Details
Ample Technologies Private Limited is audited by K.S.Aiyar & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.S.Aiyar & Co. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2025 | Others | ₹10 Cr | Open |
| 28 Nov 2024 | Others | ₹21 Cr | Open |
| 26 Sep 2024 | Axis Bank Limited | ₹35 Cr | Open |
| 25 Apr 2024 | Hdfc Bank Limited | ₹13 Cr | Open |
| 28 Mar 2024 | Others | ₹12.6 Lakh | Open |
Total charge records: 28 View all charges
Deals & Funding
Ample Technologies Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8 Lakh; the latest was in September 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Rights issue | ₹98.8 Lakh | Investors: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2010 | Funding round | ₹8 Lakh | Investors: an individual |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Ample Technologies Private Limited has 36 court cases on record: 19 filed by Ample Technologies, 18 filed against it. 6 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 15 | 2 |
| High courts | 9 | 3 | 4 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Ample Technologies Pvt.Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Ample Technologies Pvt.Ltd. | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Tresor Systems Private Limited & Anr. | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Tresor Systems Private Limited Through Its Ar | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Aramex India Pvt.Ltd. | Pending |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance
Ample Technologies Private Limited has a workforce of 644 employees as of Apr 08, 2024.
: available in the company report
Group Structure
Ample Technologies has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ample Retail Private Limited | U52100KA2019PTC129083 | Locked |
| Ample Digital Private Limited | U52300KA2014PTC074552 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity
Ample Technologies Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Ashok Kumar Narang was appointed as Whole-Time Director on 21 Jan 2000.
48 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Ample Technologies has 21 GST registrations: 9 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCA3959R1ZV | Karnataka | Active | 01 Jul 2017 |
| 06AACCA3959R1Z3 | Haryana | Active | 01 Jul 2017 |
| 07AACCA3959R1Z1 | Delhi | Active | 01 Jul 2017 |
| 23AACCA3959R1Z7 | Madhya Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Ample Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 23 July 1999 (27+ years old) and is registered under CIN U51506KA1999PTC025505.
Ample Technologies has 2 current directors:
- Ashok Kumar Narang - Whole-Time Director
- Rajesh Narang Ashok - Whole-Time Director
The latest financial statements of Ample Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ample Technologies is 29AACCA3959R1ZV, registered in Karnataka. The company has 21 GST registrations in all, of which 9 are active and 12 are cancelled or inactive. Other active GSTINs include 06AACCA3959R1Z3 (Haryana), 07AACCA3959R1Z1 (Delhi), 23AACCA3959R1Z7 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Ample Technologies is U51506KA1999PTC025505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ample Technologies has 36 court cases on record: 19 filed by the company and 18 filed against it. 6 are pending. Most are in the district courts.
Ample Technologies was incorporated on 23 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Ample Technologies has 3 deals on record (1 funding round, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8 Lakh; the latest was in September 2024.
Ashok Kumar Narang was appointed as Whole-Time Director on 21 Jan 2000. Rajesh Narang Ashok was appointed as Whole-Time Director on 23 Jul 1999.
Ample Technologies can be reached through the website ample.co.in. Its registered office is in Bangalore, Karnataka, India.