About Shangari Global
Shangari Global was a Technology company based in Delhi (India) founded in 2017. It specializes in application development for custom software solutions. It operates on a B2B model. The company has 10 employees. Its Indian entity Algobitz Private Limited reported revenue of ₹2.69 Cr. The company is recorded as dissolved. Its focus areas include Software Development, Custom Applications and Software Solutions.
Company details
Shangari Global specializes in application development for custom software solutions, focusing on leveraging cutting-edge technology, creating custom software solutions, custom applications, and providing software for education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- Employees 10
- SectorsTechnology
- Website shangariglobal.com
- Legal Name Algobitz Private Limited
- Date of Incorporation 16 Mar, 2017
- Jurisdiction Delhi, India
- Annual Revenue₹2.69 Cr
FY 2024 · -56% YoY
- Net Profit₹2 Lakh
FY 2024 · 1% margin
- EBITDA₹12.6 Lakh
FY 2024 · 5% margin
- Employee Count10
Associated legal entities of Shangari Global
Shangari Global operates through Algobitz Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Algobitz Private Limited CIN U72900DL2017PTC314516 | Active | 16 Mar 2017 | Delhi, Delhi | ₹2.7 Cr | 10 | 2 | View details |
Board of directors of Algobitz Private Limited (Shangari Global)
Algobitz Private Limited is the primary company behind Shangari Global. The board of Algobitz Private Limited currently have 2 directors; the longest-serving is Ranjit Kumar, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ranjit Kumar DIN 01224456 | Director | 22 Jun 2017 | 9 yrs 4 mo | Algobitz Private Limited |
| Smriti DIN 07067919 | Director | 20 Dec 2019 | 6 yrs 10 mo | Algobitz Private Limited |
Financials of Shangari Global
Figures of Algobitz Private Limited, the primary company behind Shangari Global, for FY 2024. Revenue was ₹2.69 Cr (-56% year on year). Net profit was ₹2 Lakh (1% margin). EBITDA was ₹12.6 Lakh (5% margin). Revenue has grown at a compounded annual rate of +65% over three years and -19% over five years.
- ₹2.69 CrRevenue · FY 2024 · -56% YoY
- ₹2 LakhNet profit · 1% margin
- ₹12.6 LakhEBITDA · 5% margin
- ₹50 LakhPaid-up capital
- 10Employees (provident fund records)
- +65%Revenue CAGR, 3 years
- -19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Algobitz Private Limited are on its company page.
Detailed financial statements for Shangari Global
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- Statement rows
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- Five-year trends
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Top companies in PC Software
3 companies that operate in the same segment as Shangari Global (PC Software) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provision of EV chargers and charging management software solutions. | Gurugram, Haryana, India | USD 64.21 M | 730 | |||
Cloud computing, software development, and payroll services for businesses. | 2004 | Hyderabad, Telangana, India | USD 14.93 M | 147 | ||
Provides specialized services for developing custom software solutions. | 2019 | Ahmedabad, Gujarat, India | USD 29.36 K |
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Frequently Asked Questions about Shangari Global
Shangari Global was founded in 2017.
Shangari Global is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Shangari Global has 10 employees.
The primary company behind Shangari Global, Algobitz Private Limited, reported revenue of ₹2.69 Cr for FY 2024, down 56% year on year.
Shangari Global specializes in application development for custom software solutions, focusing on leveraging cutting-edge technology, creating custom software solutions, custom applications, and providing software for education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Shangari Global operates through Algobitz Private Limited.
The legal entities of Shangari Global currently have 2 directors, including Ranjit Kumar, Smriti.