About Delectable Technologies Private Limited
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Delectable Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 16 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15411KA2014PTC076415. Its GSTIN is 29AAFCD1573P1Z3 (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.32 Lakh. It was formerly known as Diagnomax Solutions Private Limited. It is led by directors Satvik Sarwade and Leena Sarwade.
Its last annual general meeting (AGM) was held on 29 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 4 803 L&T South City Arekere Mico Layout, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.77 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹3 Cr (net margin -62.7%) and EBITDA of -₹2.28 Cr (EBITDA margin -47.9%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 47% over five years.
The company is associated with 1 brand: Azgo. The company has 7 deals on record (3 rights issues, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.5 Cr; the latest was in October 2023. Its 10 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 5 larger and 5 smaller; the largest is Gromo Retail Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azgo.app.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressB – 4 803 L&T South City Arekere Mico Layout, Bangalore, Karnataka, India – 560076
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Delectable Technologies Private Limited
The main business activity of Delectable Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Delectable Technologies Private Limited FY 2024 filings available
Delectable Technologies Private Limited reported revenue of ₹4.77 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Delectable Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 51% growth in the latest year. EBITDA fell 78% 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 Delectable Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3 Cr | •••• | •••• | •••• | •••• |
| 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 Delectable Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -62.7% | •••• | •••• | •••• | •••• |
| 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 Delectable Technologies 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.
Peer Comparison of Delectable Technologies Private Limited
Delectable Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gromo Retail Private Limited | •••• | •••• | •••• | •••• | - | Goregaon West, Maharashtra, India |
| Vaans Organics Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| JNS Creations Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Nihar Info Global Limited Listed | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Vishnu Image Folio Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Delectable Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Poshmark Online Marketplace Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Cleantek Energy Private Limited | •••• | •••• | •••• | •••• | 36 | Kolkata, West Bengal, India |
| Concrete Shop India Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Cargo Aqua Faucets Private Limited | •••• | •••• | •••• | •••• | - | Jalandhar, Punjab, India |
| MSV Retaail Fashion Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Delectable Technologies by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Delectable Technologies Private Limited
Auditor information for Delectable Technologies Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Delectable Technologies Private Limited
Delectable 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 |
|---|---|---|---|---|
| Satvik Sarwade Also directs: Aquasafi Purification Systems Private Limited | Director | 16 Sep 2014 | 12 Years 0 Months | Current |
| Leena Sarwade | Director | 26 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Delectable Technologies 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 Delectable Technologies Private Limited
Delectable Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Delectable Technologies Private Limited
Delectable Technologies Private Limited has 7 deals on record (3 rights issues, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.5 Cr; the latest was in October 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: Itc Limited |
| Dec 2021 | Funding round | ₹3.75 Cr | Investors: Itc Limited |
| Dec 2019 | Funding round | ₹3.75 Cr | Investors: Itc Limited |
| Mar 2019 | Rights issue | ₹95 Lakh | Investors: Tracxn Labs, 3 individuals |
| May 2018 | Rights issue | ₹61.5 Lakh | Investors: Tracxn Labs, 3 individuals |
Full deal history
All 7 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.
Employees and EPFO Compliance at Delectable Technologies Private Limited
Employment history and EPFO contributions of people linked to Delectable 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.
CIN History of Delectable Technologies Private Limited
Delectable Technologies has one previous CIN (Corporate Identification Number): U85191KA2014PTC076415. The current CIN is U15411KA2014PTC076415, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15411KA2014PTC076415 | Current |
| U85191KA2014PTC076415 | Previous |
News related to Delectable Technologies Private Limited
Recent Activity on Delectable Technologies Private Limited
Delectable Technologies Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Leena Sarwade ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Delectable 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 Delectable 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 Delectable 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 Delectable Technologies Private Limited
Delectable Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD1573P1Z3 | 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 Delectable 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 Delectable Technologies Private Limited
Delectable Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 16 September 2014 (12+ years old) and is registered under CIN U15411KA2014PTC076415.
Delectable Technologies reported revenue of ₹4.77 Cr for FY 2024 (up 51% YoY).
Delectable Technologies has 2 current directors:
- Satvik Sarwade - Director
- Leena Sarwade - Director
Delectable Technologies reported a net loss of ₹3 Cr (net margin -62.7%) and EBITDA of -₹2.28 Cr (EBITDA margin -47.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Delectable Technologies is 75% over three years and 47% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Delectable Technologies is 29AAFCD1573P1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Delectable Technologies is U15411KA2014PTC076415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Delectable Technologies was incorporated on 16 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Delectable Technologies has 7 deals on record (3 rights issues, 2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹7.5 Cr; the latest was in October 2023.
The peers of Delectable Technologies by revenue are Gromo Retail Private Limited, Vaans Organics Private Limited, JNS Creations Private Limited, Nihar Info Global Limited, Vishnu Image Folio Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Leena Sarwade ceased to be Additional Director on 30 Sep 2016. Kartik Sarwade ceased to be Director on 27 Apr 2016. Leena Sarwade was appointed as Director on 26 Apr 2016. Delectable Technologies has 4 board changes on record in total.