About Condivision Solutions Private Limited
Data last updated:
Condivision Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 10 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC069608. Its GSTIN is 29AAFCC2868L1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.31 Lakh. It is led by directors Vikash Jalan and Nikhil Chhabra.
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 is at E – 703 Adarsha Rhytham Apt Panduranga Nagar Doresanipalya, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2019, the company reported a revenue of ₹62.38 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹80.09 Lakh (net margin -128.4%) and EBITDA of -₹45.66 Lakh (EBITDA margin -73.2%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 107% over five years.
The company is associated with 1 brand: Rentongo. The company has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.59 Cr; the latest was in June 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rentongo.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE – 703 Adarsha Rhytham Apt Panduranga Nagar Doresanipalya, Bangalore, Karnataka, India – 560076
- IndustryInternet, Online Service Marketplaces
- 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
Financials of Condivision Solutions Private Limited FY 2024 filings available
Condivision Solutions Private Limited reported revenue of ₹62.38 Lakh (up 52% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Condivision Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 107% over five years, including 52% growth 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 Condivision Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹62.38 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹45.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹80.09 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 Condivision Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -73.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -128.4% | •••• | •••• | •••• | •••• |
| 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 Condivision Solutions 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.
Auditor Details of Condivision Solutions Private Limited
Condivision Solutions Private Limited is audited by N Sudheer & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N Sudheer & 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 Condivision Solutions Private Limited
Condivision Solutions 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 |
|---|---|---|---|---|
| Vikash Jalan | Director | 24 Apr 2015 | 11 Years 5 Months | Current |
| Nikhil Chhabra Also directs: Areno Innovations Private Limited | Director | 10 Jun 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Condivision Solutions 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 Condivision Solutions Private Limited
Condivision Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Condivision Solutions Private Limited
Condivision Solutions Private Limited has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.59 Cr; the latest was in June 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Rights issue | ₹1 Cr | Investors: TVS Motor Company Limited |
| Apr 2017 | Funding round | ₹1 Cr | Investors: TVS Motor Company Limited |
| Nov 2015 | Funding round | ₹59.4 Lakh | Investors: 4 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Condivision Solutions Private Limited
Condivision Solutions operates one associated brand: Rentongo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rentongo is a digital marketplace for renting various goods. | rentongo.com |
Employees and EPFO Compliance at Condivision Solutions Private Limited
Employment history and EPFO contributions of people linked to Condivision Solutions.
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.
News related to Condivision Solutions Private Limited
Recent Activity on Condivision Solutions Private Limited
Condivision Solutions Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Ramaswamy Anandakrishnan ceased to be Nominee Director on 12 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Condivision Solutions 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 Condivision Solutions 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 Condivision Solutions 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 Condivision Solutions Private Limited
Condivision Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC2868L1Z4 | 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 Condivision Solutions 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 Condivision Solutions Private Limited
Condivision Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 10 June 2013 (13+ years old) and is registered under CIN U72200KA2013PTC069608.
Condivision Solutions reported revenue of ₹62.38 Lakh for FY 2019 (up 52% YoY).
Condivision Solutions has 2 current directors:
- Vikash Jalan - Director
- Nikhil Chhabra - Director
Condivision Solutions reported a net loss of ₹80.09 Lakh (net margin -128.4%) and EBITDA of -₹45.66 Lakh (EBITDA margin -73.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Condivision Solutions is 60% over three years and 107% over five years. In the latest year (FY 2019) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Condivision Solutions is 29AAFCC2868L1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Condivision Solutions is U72200KA2013PTC069608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Condivision Solutions was incorporated on 10 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Condivision Solutions has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.59 Cr; the latest was in June 2017.
Ramaswamy Anandakrishnan ceased to be Nominee Director on 12 Sep 2017. Shipra ceased to be Additional Director on 30 Sep 2015. Vikash Jalan ceased to be Additional Director on 30 Sep 2015. Condivision Solutions has 6 board changes on record in total.