Cronetic Technologies Private Limited
About Cronetic Technologies Private Limited
Data last updated:
Cronetic Technologies Private Limited was a private limited company based in Mohali, Punjab, 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 data processing and IT services segment of the technology and IT services sector. It was incorporated on 18 November 2013.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2013PTC038102.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Punnet Kumar and Urmila Devi.
Its last annual general meeting (AGM) was held on 19 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Scf (Comm) 106 Second Floor Phase 3B2 Mohali, Punjab, India – 160055.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.56 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹9,401 (net margin 2.6%) and EBITDA of ₹37,164 (EBITDA margin 10.4%).
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- Registered AddressScf (Comm) 106 Second Floor Phase 3B2 Mohali, Punjab, India – 160055
- IndustryInformation Technology, Data Processing, Hosting and Related Activities
- 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
The main business activity of Cronetic Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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
Financials of Cronetic Technologies Private Limited
FY 2016 filings availableCronetic Technologies Private Limited reported revenue of ₹3.56 Lakh (up 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA fell 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| 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 | ₹37,164 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹9,401 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.4% | |
| Net Profit Margin | 2.6% | |
| 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, and every line for FY 2014-15, 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 Cronetic Technologies are in the company report.
: available in the company report
Board of Directors of Cronetic Technologies Private Limited
Cronetic Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punnet Kumar | Director | 30 Jan 2015 | 11 Years 8 Months | As last reported |
| Urmila Devi | Director | 30 Jan 2015 | 11 Years 8 Months | As last reported |
Peer Comparison
Cronetic Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baymediasoft Technologies Private Limited | ₹3.59 Lakh (FY 2022) | •••• | •••• | -90.0% | •••• | Udaipur, Rajasthan, India |
| Online News Media Private Limited | ₹3.59 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Bangalore, Karnataka, India |
| Opinosoft Private Limited | ₹3.58 Lakh (FY 2025) | •••• | •••• | 191.0% | •••• | Mumbai, Maharashtra, India |
| Api Technology Private Limited | ₹3.57 Lakh (FY 2018) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Scalligent Technologies Private Limited | ₹3.57 Lakh (FY 2024) | •••• | •••• | •••• | Gorakhpur, Uttar Pradesh, India | |
| Cronetic Technologies Private Limited this company | ₹3.56 Lakh (FY 2016) | •••• | •••• | 12.0% | •••• | Mohali, Punjab, India |
| Prosystematic Billing Solutions Private Limited | ₹3.56 Lakh (FY 2020) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Desire Web Technologies Private Limited | ₹3.56 Lakh (FY 2017) | •••• | •••• | 373.0% | •••• | Hisar, Haryana, India |
| Cloudswift Networks Private Limited | ₹3.55 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Patna, Bihar, India |
| Karpus IT Private Limited | ₹3.55 Lakh (FY 2023) | •••• | •••• | •••• | Nallakunta, Hyderabad, Telangana, India | |
| Innovantix Systems Private Limited | ₹3.54 Lakh (FY 2024) | •••• | •••• | -74.0% | •••• | Nuvem, Goa, India |
Peers are the companies nearest to Cronetic Technologies by revenue, above and below it, in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Cronetic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Cronetic Technologies.
: available in the company report
Recent Activity
Cronetic Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Heaven Deep Singh ceased to be Director on 02 Feb 2015.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Cronetic Technologies 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.
Cronetic Technologies was a private limited company based in Mohali, Punjab, India. The company worked in data processing, within the information technology industry. It was incorporated on 18 November 2013 and is registered under CIN U72900PB2013PTC038102. The company has been struck off by the Registrar of Companies and is no longer operational.
Cronetic Technologies had 2 directors:
- Punnet Kumar - Director
- Urmila Devi - Director
The CIN (Corporate Identification Number) of Cronetic Technologies is U72900PB2013PTC038102. 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 Cronetic Technologies is at Scf Comm 106 Second Floor Phase 3B2 Mohali, Punjab, India – 160055.
Cronetic Technologies was incorporated on 18 November 2013. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Cronetic Technologies on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 19 September 2016. Year-wise statements from 2015 are in the company report.
Cronetic Technologies operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.
The peers of Cronetic Technologies by revenue are Baymediasoft Technologies Private Limited, Online News Media Private Limited, Opinosoft Private Limited, Api Technology Private Limited, Scalligent Technologies Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Heaven Deep Singh ceased to be Director on 02 Feb 2015. Mandeep Singh ceased to be Director on 02 Feb 2015. Punnet Kumar was appointed as Director on 30 Jan 2015. Cronetic Technologies has 4 board changes on record in total.
The compliance status of Cronetic Technologies is active non-compliant as of 14 August 2026.