Claro Technologies Private Limited
About Claro Technologies Private Limited
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Claro Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 20 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC292658.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.01 Lakh. It is led by directors Anand Sabharwal and Vinita Rai.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C/ 406 N G Complex Off Military Road Near Ashok Nagar Marol Andheri – East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2021, the company reported a revenue of ₹56,012, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹34.48 Lakh and EBITDA of -₹34.48 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company is associated with 1 brand: Niivo.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/ 406 N G Complex Off Military Road Near Ashok Nagar Marol Andheri – East, Mumbai, Maharashtra, India – 400072
- 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
- One PDF report, delivered after checkout
Business Activity of Claro Technologies Private Limited
The main business activity of Claro Technologies is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Claro Technologies Private Limited FY 2021 filings available
Claro Technologies Private Limited reported revenue of ₹56,012 (down 71% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Claro Technologies Private Limited
Revenue fell 71% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 102% 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 Claro 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 | -₹34.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.48 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 Claro Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 Claro Technologies are in the company report.
Financial statements from FY 2017
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 Claro Technologies Private Limited
Claro Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goldmine Commosales Private Limited | •••• | •••• | •••• | •••• | - | Burdwan, West Bengal, India |
| Inskart Services Private Limited | •••• | •••• | •••• | •••• | - | Palakkad, Kerala, India |
| Arthaveda Solutions Private Limited | •••• | •••• | •••• | •••• | - | Amravati, Maharashtra, India |
| Choraria Fincon Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Anumex Developers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Claro Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Twaritananya Services International Private Limited | •••• | •••• | •••• | •••• | - | Bangalroe, Karnataka, India |
| Faveo Nidhi Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Excellent Stock Broking Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Nivesh Salahakar Private Limited | •••• | •••• | •••• | •••• | - | Roorkee, Uttarakhand, India |
| Peacemind Innovation Private Limited | •••• | •••• | •••• | •••• | - | Rohtak, Haryana, India |
Peers are the five companies nearest above and the five nearest below Claro Technologies by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Claro Technologies Private Limited
Claro Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinita Rai | Additional Director | 08 Jul 2021 | 5 Years 2 Months | Current |
| Anand Sabharwal Also directs: Ufinity Ventures Private Limited | Director | 22 Oct 2024 | 1 Years 11 Months | Current |
Charges & Borrowings of Claro Technologies Private Limited
Claro Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Claro Technologies Private Limited
Employment history and EPFO contributions of people linked to Claro 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 Claro Technologies Private Limited
Claro Technologies Private Limited has 10 board changes on record since 2017: 6 appointments and 4 cessations. The latest: Anand Sabharwal was appointed as Director on 22 Oct 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Claro 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 Claro 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 Claro 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 Claro Technologies Private Limited
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 Claro 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 Claro Technologies Private Limited
Claro Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 20 March 2017 (9+ years old) and is registered under CIN U74999MH2017PTC292658.
Claro Technologies reported revenue of ₹56,012 for FY 2021 (down 71% YoY).
Claro Technologies has 2 current directors:
- Vinita Rai - Additional Director
- Anand Sabharwal - Director
Claro Technologies reported a net loss of ₹34.48 Lakh and EBITDA of -₹34.48 Lakh for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Claro Technologies is 3% over three years. In the latest year (FY 2021) revenue fell 71%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Claro Technologies is U74999MH2017PTC292658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Claro Technologies was incorporated on 20 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Claro Technologies by revenue are Goldmine Commosales Private Limited, Inskart Services Private Limited, Arthaveda Solutions Private Limited, Choraria Fincon Private Limited, Anumex Developers Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Anand Sabharwal was appointed as Director on 22 Oct 2024. Puneet Saxena ceased to be Additional Director on 22 Oct 2024. Anshuman Saxena ceased to be Director on 19 Jul 2021. Claro Technologies has 10 board changes on record in total.
Yes, Claro Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Claro Technologies is at C 406 N G Complex Off Military Road Near Ashok Nagar Marol Andheri – East, Mumbai, Maharashtra, India – 400072.