About Appteso Software Private Limited
Data last updated:
Appteso Software Private Limited was a private limited company based in Bangalore, Karnataka, India. 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 IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 January 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC085494.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Prabhakararao Venkata Ippagunta and Phani Turaga Kiran.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at No. 55 Abhiman Enclave Flat No. 105 Dodda Banaswadi Main Road Banaswadi, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.53 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Lakh (net margin -32.5%) and EBITDA of -₹1.15 Lakh (EBITDA margin -20.8%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years.
The company was associated with 1 brand: Memu.
The last known website on record is memu.world.
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- Website
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- Registered AddressNo. 55 Abhiman Enclave Flat No. 105 Dodda Banaswadi Main Road Banaswadi, Bangalore, Karnataka, India – 560043
- 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
Associated Brands with Appteso Software Private Limited
Appteso Software operates one associated brand: Memu. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online navigation software with rewards for drivers to enhance their journeys. | memu.world |
Business Activity of Appteso Software Private Limited
The main business activity of Appteso Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Appteso Software Private Limited FY 2022 filings available
Appteso Software Private Limited reported revenue of ₹5.53 Lakh (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Appteso Software Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 90% over three years, including 18% growth in the latest year. EBITDA fell 563% 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 Appteso Software Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.53 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.8 Lakh | •••• | •••• | •••• | •••• |
| 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 Appteso Software Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.5% | •••• | •••• | •••• | •••• |
| 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 Appteso Software 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.
Board of Directors of Appteso Software Private Limited
Appteso Software 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 |
|---|---|---|---|---|
| Prabhakararao Venkata Ippagunta | Director | 28 Dec 2023 | 2 Years 9 Months | As last reported |
| Phani Turaga Kiran | Director | 22 Jan 2016 | 10 Years 8 Months | As last reported |
Peer Comparison of Appteso Software Private Limited
Appteso Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Extreme Technocrats (India) Private Limited | ₹5.6 Lakh (FY 2023) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Veltronics Software Private Limited | ₹5.59 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Indore, Madhya Pradesh, India |
| Amcan Technologies Private Limited | ₹5.57 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Delhi, India |
| Radiant Tradevest Private Limited | ₹5.57 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Lifeline Network Private Limited | ₹5.53 Lakh (FY 2020) | •••• | •••• | -73.0% | •••• | Pune, Maharashtra, India |
| Appteso Software Private Limited this company | ₹5.53 Lakh (FY 2022) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| RDB Iota Visual Arts Private Limited | ₹5.5 Lakh (FY 2019) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| Vista Optics Private Limited | ₹5.46 Lakh (FY 2021) | •••• | •••• | -93.0% | •••• | Sion East, Mumbai, Maharashtra, India |
| Elcap Systems Private Limited | ₹5.4 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mysore, Karnataka, India |
| Oasys Networks Private Limited | ₹5.4 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Saanvi Comsec Private Limited | ₹5.35 Lakh (FY 2023) | •••• | •••• | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Appteso Software by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Appteso Software Private Limited
Appteso Software Private Limited is audited by ASHOK JAYARAM AND CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK JAYARAM AND 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.
Ownership and Shareholding of Appteso Software 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 Appteso Software Private Limited
Appteso Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Appteso Software Private Limited
Employment history and EPFO contributions of people linked to Appteso Software.
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.
Recent Activity on Appteso Software Private Limited
Appteso Software Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Prabhakararao Venkata Ippagunta was appointed as Director on 28 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Appteso Software 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 Appteso Software 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 Appteso Software 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.
GST Compliance of Appteso Software Private Limited
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.
MCA Filings & Documents of Appteso Software 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.
Frequently Asked Questions about Appteso Software Private Limited
Appteso Software 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.
Appteso Software was a private limited company based in Bangalore, Karnataka, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 22 January 2016 and is registered under CIN U72200KA2016PTC085494. The company has been struck off by the Registrar of Companies and is no longer operational.
Appteso Software had 2 directors:
- Prabhakararao Venkata Ippagunta - Director
- Phani Turaga Kiran - Director
The CIN (Corporate Identification Number) of Appteso Software is U72200KA2016PTC085494. 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 Appteso Software is at No. 55 Abhiman Enclave Flat No. 105 Dodda Banaswadi Main Road Banaswadi, Bangalore, Karnataka, India – 560043.
Appteso Software was incorporated on 22 January 2016. It is registered with the Registrar of Companies, Bangalore.
Appteso Software can be reached through the website memu.world. Its registered office is in Bangalore, Karnataka, India.
Appteso Software reported revenue of ₹5.53 Lakh for FY 2022 (up 18% YoY).
Appteso Software has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh.
Appteso Software reported a net loss of ₹1.8 Lakh (net margin -32.5%) and EBITDA of -₹1.15 Lakh (EBITDA margin -20.8%) for FY 2022, as per its filed financial statements.
Appteso Software operated in the information technology industry, in the IT products retail and distribution segment. It worked in this industry before it was struck off.