Article 1 Private Limited
About Article 1 Private Limited
Data last updated:
Article 1 Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 04 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC139306.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Bharati Gangadhar Sangolli and Maheshwari Gangadhar Sangolli.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹37,630, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7,000 (net margin 18.6%) and EBITDA of ₹7,710 (EBITDA margin 20.5%).
Company details
Contact details
Article 1 Private Limited's registered office is in Bengaluru, Karnataka.
- Registered Address1st Floor Citadel Plaza 12th Main Hal 2nd Stage Indiranagar Double Road Near Esi Hospita, L, Bengaluru, Karnataka, India – 560038
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
Business activity
The main business activity of Article 1 is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Article 1 Private Limited, buy the company report.
Financials of Article 1 Private Limited
FY 2022 filings availableArticle 1 Private Limited reported revenue of ₹37,630 (up 651% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 651% in the latest year. EBITDA rose 163% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | ₹7,710 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹7,000 | |
| 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 20.5% | |
| Net Profit Margin | 18.6% | |
| 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 | ||
To see the full financial statements and ratios of Article 1 Private Limited, buy the company report.
Board of directors of Article 1 Private Limited
Article 1 has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharati Gangadhar Sangolli | Director | 04 Oct 2020 | 6 Years 1 Months | Current |
| Maheshwari Gangadhar Sangolli | Director | 04 Oct 2020 | 6 Years 1 Months | Current |
Peer comparison
Article 1 Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mindtrack Dealtrade Private Limited | ₹37,749 (FY 2020) | 60.0% | Kolkata, West Bengal, India | |||
| Tripower Enterprises Private Limited | ₹37,730 (FY 2025) | 420.0% | Chennai, Tamil Nadu, India | |||
| Ethical Info Services Private Limited | ₹37,684 (FY 2017) | -99.0% | New Delhi, Delhi, India | |||
| Jaab Global Solutions India Private Limited | ₹37,648 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Larder Online Services Private Limited | ₹37,634 (FY 2024) | 41.0% | Moradabad, Uttar Pradesh, India | |||
| Article 1 Private Limitedthis company | ₹37,630 (FY 2022) | ₹7,000 | 18.6% | 651.0% | Bengaluru, Karnataka, India | |
| Gulab Wire Products Private Limited | ₹37,620 (FY 2024) | -18.0% | Jamshedpur, Jharkhand, India | |||
| Ababil Infratech Private Limited | ₹37,560 (FY 2025) | -100.0% | Hazaribagh, Jharkhand, India | |||
| Analytus Infra Consulting Private Limited | ₹37,500 (FY 2023) | 34.0% | Bangalore, Karnataka, India | |||
| Aviral Business Solutions Private Limited | ₹37,500 (FY 2024) | Thane, Maharashtra, India | ||||
| Ellery Homestyles Private Limited | ₹37,500 (FY 2021) | 101.0% | Chirag, Delhi, India |
To see the full peer comparison of Article 1 Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Article 1 Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Article 1 Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Article 1 Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Article 1 Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Rajrajeshwari Gangadhar Sangolli ceased to be Additional Director on 28 Sep 2022.
Frequently asked questions
Article 1 is an active private limited company based in Bengaluru, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 04 October 2020 (6+ years old) and is registered under CIN U74999KA2020PTC139306.
Article 1 has 2 current directors:
- Bharati Gangadhar Sangolli - Director
- Maheshwari Gangadhar Sangolli - Director
The latest financial statements of Article 1 on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Article 1 is U74999KA2020PTC139306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Article 1 was incorporated on 04 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Article 1 by revenue are Mindtrack Dealtrade Private Limited, Tripower Enterprises Private Limited, Ethical Info Services Private Limited, Jaab Global Solutions India Private Limited, Larder Online Services Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Rajrajeshwari Gangadhar Sangolli ceased to be Additional Director on 28 Sep 2022. Bharati Gangadhar Sangolli was appointed as Director on 04 Oct 2020. Maheshwari Gangadhar Sangolli was appointed as Director on 04 Oct 2020.
The registered office of Article 1 is at 1st Floor Citadel Plaza 12th Main Hal 2nd Stage Indiranagar Double Road Near Esi Hospita, L, Bengaluru, Karnataka, India – 560038.
Article 1 operates in the business services industry, in the miscellaneous business activities segment.
Article 1 can be reached at its registered office: 1st Floor Citadel Plaza 12th Main Hal 2nd Stage Indiranagar Double Road Near Esi Hospita, L, Bengaluru, Karnataka, India – 560038.
Article 1 is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
