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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 of Dares Technologies (OPC) Private Limited
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 of Dares Technologies (OPC) Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFirst Floor Gopalakrsihna Complex, No.45/3 Residency Road, Bangalore, Karnataka, India – 560025
- IndustryTravel and Hospitality, Consumer Professional Services
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Associated Brands with Dares Technologies (OPC) Private Limited
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 of Dares Technologies (OPC) Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Dares Technologies (OPC) Private Limited FY 2025 filings available
Dares 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) of Dares Technologies (OPC) Private Limited
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 of Dares Technologies (OPC) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.15 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 Dares Technologies (OPC) Private Limited
| 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% | •••• | •••• | •••• | •••• |
| 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 Dares Technologies are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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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 |
Peer Comparison of Dares Technologies (OPC) Private Limited
Dares Technologies (OPC) Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Richretire Life Private Limited | ₹1.13 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Satara, Maharashtra, India |
| Varenia Consumer Insights and Measurement Solutions Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
| Topcel Tapes Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Aurangabad, Maharashtra, India |
| Pixel Chronicles Production Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Bangalore, Karnataka, India |
| Yuvan Services Private Limited | ₹1.12 Lakh (FY 2024) | •••• | •••• | -72.0% | •••• | Gurgaon, Haryana, India |
| Dares Technologies (OPC) Private Limited this company | ₹1.12 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Bangalore, Karnataka, India |
| Bravecore Private Limited | ₹1.11 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Petpals Solutions Private Limited | ₹1.11 Lakh (FY 2025) | •••• | •••• | •••• | Aluva, Kerala, India | |
| KPB Business Advisors Private Limited | ₹1.1 Lakh (FY 2022) | •••• | •••• | -86.0% | •••• | Nagpur, Maharashtra, India |
| MBN Foundry and Technical Services Private Limited | ₹1.1 Lakh (FY 2024) | •••• | •••• | 307.0% | •••• | Coimbatore, Tamil Nadu, India |
| Bucket List Lifestyle Private Limited | ₹1.1 Lakh (FY 2019) | •••• | •••• | -56.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Dares Technologies by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dares Technologies (OPC) Private Limited
Dares Technologies (OPC) Private Limited is audited by BPU & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BPU & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Dares Technologies (OPC) Private Limited
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Charges & Borrowings of Dares Technologies (OPC) Private Limited
Dares Technologies (OPC) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dares Technologies (OPC) Private Limited
Dares Technologies (OPC) Private Limited has a workforce of 0 employees as of Apr 01, 2024.
Active EPFO establishments
1
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Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Dares Technologies (OPC) Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Dares Technologies (OPC) Private Limited
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MSME Payment Delays by Dares Technologies (OPC) Private Limited
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Subsidiaries & Group Companies of Dares Technologies (OPC) Private Limited
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GST Compliance of Dares Technologies (OPC) Private Limited
Dares Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICD3529J1ZC | Karnataka | Active | 02 Feb 2022 |
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MCA Filings & Documents of Dares Technologies (OPC) Private Limited
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Frequently Asked Questions about Dares Technologies (OPC) Private Limited
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 reported revenue of ₹1.12 Lakh for FY 2025 (down 91% YoY).
Dares Technologies has 1 current director:
- Mayank Basantilal Jain - Director
Dares Technologies reported a net loss of ₹3.15 Lakh (net margin -282.4%) and EBITDA of -₹2.76 Lakh (EBITDA margin -247%) for FY 2025, as per its filed financial statements.
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.
The peers of Dares Technologies by revenue are Richretire Life Private Limited, Varenia Consumer Insights and Measurement Solutions Private Limited, Topcel Tapes Private Limited, Pixel Chronicles Production Private Limited, Yuvan Services Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
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).