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Dares Technologies (OPC) Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.12 Lakh
▼ 91% YoY
Net loss · FY 2025
₹3.15 Lakh
Net margin -282.4%
EBITDA · FY 2025
-₹2.76 Lakh
EBITDA margin -247%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
1
As per MCA filings
Active GSTINs
1
GST registered
About Dares Technologies (OPC) Private Limited
Data last updated:
Dares Technologies (OPC) Private Limited is a one person company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36100KA2021OPC144908. Its GSTIN is 29AAICD3529J1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Mayank Basantilal Jain.
Its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.12 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹3.15 Lakh (net margin -282.4%) and EBITDA of -₹2.76 Lakh (EBITDA margin -247%).
The company is associated with 1 brand: Dares Technologies.
Dares Technologies (OPC) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0162826). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dares.co.in.
Company details
CIN U36100KA2021OPC144908
Registration Number 144908
Incorporation Date 04 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0162826
CIN history
Dares Technologies has one previous CIN (Corporate Identification Number): U72900KA2021OPC144908. The current CIN is U36100KA2021OPC144908, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36100KA2021OPC144908 | Current |
| U72900KA2021OPC144908 | Previous |
Key People
Mayank Basantilal Jain Director Recognitions & Rankings of Dares Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0162826
Contact details
Dares Technologies (OPC) Private Limited's registered office is in Bangalore, Karnataka. Its website is dares.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFirst Floor Gopalakrsihna Complex, No.45/3 Residency Road, Bangalore, Karnataka, India – 560025
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Dares Technologies (OPC) Private Limited, buy the company report.
Comprehensive company report
Dares Technologies (OPC) Private Limited - one report that includes everything
- 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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Brands
Dares Technologies operates one associated brand: Dares Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers data analytics and related services. | dares.co.in |
Business activity
The main business activity of Dares Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Dares Technologies (OPC) Private Limited, buy the company report.
Financials of Dares Technologies (OPC) Private Limited
FY 2025 filings availableDares Technologies (OPC) Private Limited reported revenue of ₹1.12 Lakh (down 91% YoY) for FY 2025.
Revenue · FY 2025
₹1.12 Lakh ▼ 91%
Net loss · FY 2025
₹3.15 Lakh margin -282.4%
EBITDA · FY 2025
-₹2.76 Lakh margin -247%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 91%
EBITDA CAGR growth
1 year
▼ 169%
3 years · compounded
▼ 27%
Revenue fell 91% in the latest year. EBITDA fell 169% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.76 Lakh | ||||
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| Net Profit (PAT) | -₹3.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -247% | ||||
| Net Profit Margin | -282.4% | ||||
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To see the full financial statements and ratios of Dares Technologies (OPC) Private Limited, buy the company report.
Board of directors of Dares Technologies (OPC) Private Limited
Dares Technologies has 1 director on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Basantilal Jain | Director | 04 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Dares Technologies (OPC) Private Limited is audited by BPU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BPU & CO | FY 2023 | 017656S |
Shareholding
The shareholding of Dares Technologies (OPC) Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public |
To see the full shareholding pattern of Dares Technologies (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dares Technologies (OPC) 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 Dares Technologies (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dares Technologies (OPC) Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Dares Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICD3529J1ZC | Karnataka | Active | 02 Feb 2022 |
To see the full GST registrations and return filing status of Dares Technologies (OPC) Private Limited, buy the company report.
Recent activity
Dares Technologies (OPC) Private Limited has 1 board change on record since 2021: 1 appointment. The latest: Mayank Basantilal Jain was appointed as Director on 04 Mar 2021.
Filing
Dares Technologies (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Mayank Basantilal Jain was appointed as Director.
Incorporation
04 Mar 2021
Dares Technologies (Opc) Private Limited was registered on 04 Mar 2021 with Roc Bangalore & aged 5 years 7 months as per MCA records.
Frequently asked questions
Dares Technologies is an active company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 March 2021 (5+ years old) and is registered under CIN U36100KA2021OPC144908.
Dares Technologies has 1 current director:
- Mayank Basantilal Jain - Director
The latest financial statements of Dares Technologies on record with the MCA are for the year ended 31 March 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Dares Technologies is 29AAICD3529J1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Dares Technologies is U36100KA2021OPC144908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dares Technologies was incorporated on 04 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Mayank Basantilal Jain was appointed as Director on 04 Mar 2021.
Yes, Dares Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dares Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0162826).
Dares Technologies can be reached through the website dares.co.in. Its registered office is in Bangalore, Karnataka, India.