About Builddirect Technologies India Private Limited
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Builddirect Technologies India Private Limited was a private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Builddirect.Com Technologies. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 February 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2015PTC078755. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Daniel Daehyun Park and Mukund Mohan.
Its last annual general meeting (AGM) was held on 24 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Smartworks Coworking Spaces Pvt Ltd Block C Global Technology Park, Bengaluru, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.31 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹21.95 Lakh (net margin -212.9%) and EBITDA of -₹17.83 Lakh (EBITDA margin -172.9%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years.
The company had about 27 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: BuildDirect.
The last known website on record is builddirect.com.
Company details
Contact details
Builddirect Technologies India Private Limited's registered office is in Bengaluru, Karnataka. Its website is builddirect.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSmartworks Coworking Spaces Pvt Ltd Block C Global Technology Park Marathahalli Out, Er Ring Rd, Bengaluru, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Builddirect Technologies India Private Limited, buy the company report.
- 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
Brands
Builddirect Technologies India operates one associated brand: BuildDirect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online B2B marketplace for building and home improvement products | builddirect.com |
Financials of Builddirect Technologies India Private Limited
FY 2020 filings availableBuilddirect Technologies India Private Limited reported revenue of ₹10.31 Lakh (down 97% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over three years, including a 97% fall in the latest year. EBITDA fell 368% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹17.83 Lakh | ||||
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| Net Profit (PAT) | -₹21.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -172.9% | ||||
| Net Profit Margin | -212.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Builddirect Technologies India Private Limited, buy the company report.
Board of directors of Builddirect Technologies India Private Limited
Builddirect Technologies India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daniel Daehyun Park | Director | 16 Jul 2018 | 8 Years 3 Months | As last reported |
| Mukund Mohan | Director | 01 Aug 2018 | 8 Years 3 Months | As last reported |
| Navin Kumar Shetty Also directs: Inaira Technologies India Private Limited | Director | 06 Feb 2015 | 11 Years 9 Months | As last reported |
Auditor
Builddirect Technologies India Private Limited is audited by SHAH & JAIN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & JAIN | FY 2019 | 009772S |
Shareholding
The shareholding of Builddirect Technologies India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Builddirect Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Builddirect Technologies India 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 Builddirect Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Builddirect Technologies India Private Limited has a workforce of 27 employees on its EPFO records as of Aug 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 27 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Builddirect Technologies India Private Limited, buy the company report.
GST
Builddirect Technologies India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Builddirect Technologies India Private Limited, buy the company report.
Recent activity
Builddirect Technologies India Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Daniel Daehyun Park ceased to be Additional Director on 23 Aug 2018.
News
Frequently asked questions
Builddirect Technologies India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Builddirect Technologies India was a private limited company based in Bengaluru, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 06 February 2015 and is registered under CIN U72900KA2015PTC078755. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Builddirect Technologies India was incorporated on 06 February 2015. It is registered with the Registrar of Companies, Bangalore.
Builddirect Technologies India had 3 directors:
- Daniel Daehyun Park - Director
- Mukund Mohan - Director
- Navin Kumar Shetty - Director
The CIN (Corporate Identification Number) of Builddirect Technologies India is U72900KA2015PTC078755. 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 Builddirect Technologies India is at Smartworks Coworking Spaces Pvt Ltd Block C Global Technology Park Marathahalli Out, Er Ring Rd, Bengaluru, Karnataka, India – 560103.
Builddirect Technologies India can be reached through the website builddirect.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Builddirect Technologies India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 24 June 2020. Year-wise statements from 2015 are in the company report.
No. Builddirect Technologies India has 1 GST registration on record and it is cancelled or inactive.
Builddirect Technologies India operated in the information technology industry, in the application development and software solutions segment.
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