About Bigonet Technologies Private Limited
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Bigonet Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 25 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC070307. Its GSTIN is 29AAFCB5897G1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sadhana Laxman and Laxman Shankar.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.46 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹5.79 Lakh (net margin -68.4%) and EBITDA of -₹4.41 Lakh (EBITDA margin -52.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bigonet.com.
- EmailLocked
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- Website
- Social MediaLocked
- Registered AddressVilla #205 Adarsh Palm Retreat Devarabisanahalli Outer Ring Road( Near, Intel), Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, SaaS (Software as a Service) Providers
- 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
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Business Activity of Bigonet Technologies Private Limited
The main business activity of Bigonet Technologies 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 Bigonet Technologies Private Limited FY 2021 filings available
Bigonet Technologies Private Limited reported revenue of ₹8.46 Lakh (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Bigonet Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 73% fall in the latest year. EBITDA fell 187% 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 Bigonet Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹4.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.79 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 Bigonet Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -68.4% | •••• | •••• | •••• | •••• |
| 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 Bigonet Technologies 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.
Peer Comparison of Bigonet Technologies Private Limited
Bigonet Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (SaaS Providers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ensorta Technologies Private Limited | •••• | •••• | •••• | •••• | - | Sikar, Rajasthan, India |
| Autogrowth Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Chrysalis Software & Systems Private Limited | •••• | •••• | •••• | •••• | - | Ahmednagar, Maharashtra, India |
| Tntra-Takshshila Techlabs Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Sqro Technologies Private Limited | •••• | •••• | •••• | •••• | - | Shillong, Meghalaya, India |
| Bigonet Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Shreecom Info Tech (India) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Vedha Softech India Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| Cassius Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Taxrex Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pinjore, Haryana, India |
| Scalion Commerce Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Bigonet Technologies by revenue in the Information Technology industry (SaaS Providers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bigonet Technologies Private Limited
Bigonet Technologies Private Limited is audited by MAHENDAR CHOUDHARY & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHENDAR CHOUDHARY & 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.
Board of Directors of Bigonet Technologies Private Limited
Bigonet Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadhana Laxman | Director | 25 Jul 2013 | 13 Years 2 Months | Current |
| Laxman Shankar | Director | 25 Jul 2013 | 13 Years 2 Months | Current |
Ownership and Shareholding of Bigonet Technologies 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 Bigonet Technologies Private Limited
Bigonet Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Bigonet Technologies Private Limited
Employment history and EPFO contributions of people linked to Bigonet Technologies.
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 Bigonet Technologies Private Limited
Bigonet Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Laxman Shankar was appointed as Director on 25 Jul 2013.
Credit Ratings, Litigation & Regulatory Alerts for Bigonet Technologies 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 Bigonet Technologies 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 Bigonet Technologies 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 Bigonet Technologies Private Limited
Bigonet Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB5897G1Z5 | Karnataka | Active | 01 Jul 2017 |
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 Bigonet Technologies 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 Bigonet Technologies Private Limited
Bigonet Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 25 July 2013 (13+ years old) and is registered under CIN U72900KA2013PTC070307.
Bigonet Technologies reported revenue of ₹8.46 Lakh for FY 2021 (down 73% YoY).
Bigonet Technologies has 2 current directors:
- Sadhana Laxman - Director
- Laxman Shankar - Director
Bigonet Technologies reported a net loss of ₹5.79 Lakh (net margin -68.4%) and EBITDA of -₹4.41 Lakh (EBITDA margin -52.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bigonet Technologies is -43% over three years and -3% over five years. In the latest year (FY 2021) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bigonet Technologies is 29AAFCB5897G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Bigonet Technologies is U72900KA2013PTC070307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bigonet Technologies was incorporated on 25 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bigonet Technologies by revenue are Ensorta Technologies Private Limited, Autogrowth Private Limited, Chrysalis Software & Systems Private Limited, Tntra-Takshshila Techlabs Private Limited, Sqro Technologies Private Limited and 5 more, all in the Information Technology industry (SaaS Providers).
Laxman Shankar was appointed as Director on 25 Jul 2013. Sadhana Laxman was appointed as Director on 25 Jul 2013.
Bigonet Technologies can be reached through the website bigonet.com. Its registered office is in Bangalore, Karnataka, India.