Banakar Techfi Private Limited
About Banakar Techfi Private Limited
Data last updated:
Banakar Techfi 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 software products and publishing segment of the software and technology sector. It was incorporated on 17 June 2020.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2020PTC134986. Its GSTIN is 29AAJCB0493Q1ZY (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Jagadish Reddy Bugulu and Lohitha Oruganti.
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 was at Level 7 Mfar Greenheart Building Manyata Tech Hebbal Outer Ring Road, Bangalore, Karnataka, India – 560045.
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- Registered AddressLevel 7 Mfar Greenheart Building Manyata Tech Hebbal Outer Ring Road, Bangalore, Karnataka, India – 560045
- IndustrySoftware, Software Publishing, Software Development
- 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 of Banakar Techfi Private Limited
The main business activity of Banakar Techfi is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Banakar Techfi Private Limited FY 2024 filings available
Financial Statement Summary of Banakar Techfi Private Limited
| 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 | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 Banakar Techfi Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 Banakar Techfi are in the company report.
Financial statements from FY 2021
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 Banakar Techfi Private Limited
Banakar Techfi has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadish Reddy Bugulu | Director | 17 Jun 2020 | 6 Years 3 Months | As last reported |
| Lohitha Oruganti | Director | 17 Jun 2020 | 6 Years 3 Months | As last reported |
Ownership and Shareholding of Banakar Techfi 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 Banakar Techfi Private Limited
Banakar Techfi Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Banakar Techfi Private Limited
Banakar Techfi Private Limited has a workforce of 0 employees as of Apr 07, 2024.
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 Banakar Techfi Private Limited
Banakar Techfi Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Jagadish Reddy Bugulu was appointed as Director on 17 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Banakar Techfi 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 Banakar Techfi 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 Banakar Techfi 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 Banakar Techfi Private Limited
Banakar Techfi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB0493Q1ZY | Karnataka | Active | 14 Jan 2022 |
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 Banakar Techfi 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 Banakar Techfi Private Limited
Banakar Techfi 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.
Banakar Techfi was a private limited company based in Bangalore, Karnataka, India. The company worked in software publishing, within the software industry. It was incorporated on 17 June 2020 and is registered under CIN U72200KA2020PTC134986. The company has been struck off by the Registrar of Companies and is no longer operational.
Banakar Techfi had 2 directors:
- Jagadish Reddy Bugulu - Director
- Lohitha Oruganti - Director
The CIN (Corporate Identification Number) of Banakar Techfi is U72200KA2020PTC134986. 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 Banakar Techfi is at Level 7 Mfar Greenheart Building Manyata Tech Hebbal Outer Ring Road, Bangalore, Karnataka, India – 560045.
Banakar Techfi was incorporated on 17 June 2020. It is registered with the Registrar of Companies, Bangalore.
Banakar Techfi has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
The GSTIN of Banakar Techfi is 29AAJCB0493Q1ZY, registered in Karnataka.
Banakar Techfi operated in the software industry, in the software publishing segment. It worked in this industry before it was struck off.
No. Banakar Techfi is not listed on any stock exchange. It is an unlisted company.