About Appsdaily Solutions Private Limited
Data last updated:
Appsdaily Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 October 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U64200MH2008PTC187859. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹6.69 Cr. It was formerly known as Onward Mobility Solutions Private Limited. It was led by directors Ajay Kumar Menon and Arun Kumar Menon.
Its last annual general meeting (AGM) was held on 15 October 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at C Wing 6th Floor Oberoi Garden Estate Chandivali Andheri ( E) Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2016, the company reported a revenue of ₹77.41 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹82.25 Cr (net margin -106.3%) and EBITDA of -₹76.66 Cr (EBITDA margin -99%).
The company had about 334 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: AppsDaily. As per MCA filings, the company had open charges of ₹37.5 Cr and satisfied charges of ₹5.5 Cr on record.
The last known website on record is appsdaily.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC Wing 6th Floor Oberoi Garden Estate Chandivali Andheri ( E) Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Application Development & Software 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 Appsdaily Solutions Private Limited
Appsdaily Solutions operates one associated brand: AppsDaily. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile apps are distributed offline through retail stores in India. | appsdaily.in |
Competitors & Alternatives of Appsdaily Solutions Private Limited
Brands and companies operating in the same space as Appsdaily Solutions Private Limited include Mobius, Handmark, GetJar and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Mobius | Mobius is focused on integrating cryptocurrency payments into mobile apps. | San Francisco, United States | 2017 |
 Handmark | Mobile and PC app store for all OS | Kansas City, United States | 2000 |
 GetJar | Android apps are discovered and downloaded via GetJar's categorized platform. | San Mateo, United States | 2004 |
 appAttach | App discovery platform for OEMs | Kirkland, United States | 2009 |
 Handango | Cross-platform mobile apps are supplied for various smartphone platforms. | Irving, United States | 1998 |
 Onestore | Apps are distributed via a unified store by mobile operators. | Seoul, South Korea | 2010 |
 25pp.com | Appstore and iOS device management software and tools | Guangzhou, China | 2004 |
 Uptodown | Operates a multi-platform distribution platform for applications. | Malaga, Spain | 2003 |
Business Activity of Appsdaily Solutions Private Limited
The main business activity of Appsdaily Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Appsdaily Solutions Private Limited
Appsdaily Solutions Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WALKER CHANDIOK & CO LLP | 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 Appsdaily Solutions Private Limited
Appsdaily Solutions has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Menon Also directs: Fountainhead Miners and Traders LLP, Spiritus Healthcare LLP | Director | 06 Nov 2008 | 17 Years 11 Months | As last reported |
| Arun Kumar Menon Also directs: Fountainhead Miners and Traders LLP, Spiritus Healthcare LLP | Director | 31 Mar 2009 | 17 Years 6 Months | As last reported |
Financials of Appsdaily Solutions Private Limited FY 2016 filings available
Appsdaily Solutions Private Limited reported revenue of ₹77.41 Cr (down 22% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Appsdaily Solutions Private Limited
Revenue fell 22% in the latest year. EBITDA fell 159% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Appsdaily Solutions Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹77.41 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹76.66 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹82.25 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 of Appsdaily Solutions Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -99% | •••• |
| Net Profit Margin | -106.3% | •••• |
| 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 Appsdaily Solutions 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.
Ownership and Shareholding of Appsdaily Solutions 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 Appsdaily Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2015 | Kotak Mahindra Bank Limited | ₹15.5 Cr | Open |
| 30 Apr 2015 | Svb India Finance Private Limited | ₹12 Cr | Open |
| 11 Sep 2014 | Icici Bank Limited | ₹10 Cr | Open |
| 20 Apr 2013 | Central Bank of India | ₹1 Cr | Satisfied |
| 02 May 2012 | Svb India Finance Private Limited | ₹4 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Appsdaily Solutions Private Limited
Employment history and EPFO contributions of people linked to Appsdaily Solutions.
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 Appsdaily Solutions Private Limited
Appsdaily Solutions has 10 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.
Credit Ratings, Litigation & Regulatory Alerts for Appsdaily Solutions 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 Appsdaily Solutions 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 Appsdaily Solutions 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 Appsdaily Solutions 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 Appsdaily Solutions Private Limited
Recent News on Appsdaily Solutions Private Limited
Frequently Asked Questions about Appsdaily Solutions Private Limited
Appsdaily Solutions has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Appsdaily Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 31 October 2008 and is registered under CIN U64200MH2008PTC187859. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Appsdaily Solutions was incorporated on 31 October 2008. It is registered with the Registrar of Companies, Mumbai.
Appsdaily Solutions had 2 directors:
- Ajay Kumar Menon - Director
- Arun Kumar Menon - Director
The CIN (Corporate Identification Number) of Appsdaily Solutions is U64200MH2008PTC187859. 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 Appsdaily Solutions is at C Wing 6th Floor Oberoi Garden Estate Chandivali Andheri E Mumbai, Maharashtra, India – 400072.
Appsdaily Solutions can be reached through the website appsdaily.in. Its registered office is in Mumbai, Maharashtra, India.
Appsdaily Solutions reported revenue of ₹77.41 Cr for FY 2016 (down 22% YoY).
Appsdaily Solutions has an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹6.69 Cr.