Double Slit Media Technologies Private Limited

Double Slit Media Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018PTC113551 Incorporated 30 May 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2022
₹6.03 Lakh
▼ 73% YoY
Net loss · FY 2022
₹3.63 Cr
Latest filing
EBITDA · FY 2022
-₹3.61 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.69 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Double Slit Media Technologies Private Limited

Data last updated:

Double Slit Media Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113551. Its GSTIN is 29AAGCD7160D1ZO (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.69 Lakh. It is led by directors Gaurav Tripathi and Vijay Goel.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No. 23163 Prestige Lakeside Habitat Gunjur Village Varthur, Bangalore, Karnataka, India – 560087.

As per the financials filed for FY 2022, the company reported a revenue of ₹6.03 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹3.63 Cr and EBITDA of -₹3.61 Cr. Revenue has grown at a compounded annual rate (CAGR) of 107% over three years.

The company is associated with 2 brands: Superpro and Joynt. The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹8.82 Cr; the latest was in February 2022.

Double Slit Media Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0103315). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dbst.in.

Company details

CIN U74999KA2018PTC113551
Registration Number 113551
Incorporation Date 30 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0103315

Recognitions & Rankings of Double Slit Media Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-26-0103315

Contact details

Double Slit Media Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is dbst.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Flat No. 23163 Prestige Lakeside Habitat Gunjur Village Varthur, Bangalore, Karnataka, India – 560087
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Double Slit Media Technologies Private Limited, buy the company report.

Comprehensive company report
Double Slit Media Technologies 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

Double Slit Media Technologies operates two associated brands: Superpro and Joynt. Each brand links to its own profile.

BrandDescriptionWebsite
Functions as an online platform delivering videos directly to consumers.superpro.ai
Platform for fan engagement through video callsjoynt.club

Business activity

The main business activity of Double Slit Media Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Double Slit Media Technologies Private Limited, buy the company report.

Financials of Double Slit Media Technologies Private Limited

FY 2022 filings available

Double Slit Media Technologies Private Limited reported revenue of ₹6.03 Lakh (down 73% YoY) for FY 2022.

Revenue · FY 2022
₹6.03 Lakh ▼ 73%
Net loss · FY 2022
₹3.63 Cr
EBITDA · FY 2022
-₹3.61 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 107%
EBITDA CAGR growth
1 year
▼ 194%
3 years · compounded
▼ 86%

Revenue fell 73% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 107%. EBITDA fell 194% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹6.03 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.63 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Double Slit Media Technologies Private Limited, buy the company report.

Board of directors of Double Slit Media Technologies Private Limited

Double Slit Media Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav TripathiDirector03 Sep 20206 Years 1 MonthsCurrent
Vijay GoelDirector30 May 20188 Years 4 MonthsCurrent

Auditor

Double Slit Media Technologies Private Limited is audited by JARS & Associates for the financial year 2021.

Auditor firmFinancial yearFirm registration number
JARS & AssociatesFY 2021033494N

Shareholding

The shareholding of Double Slit Media Technologies Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Double Slit Media Technologies Private Limited, buy the company report.

Deals & funding

Double Slit Media Technologies Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹8.82 Cr; the latest was in February 2022.

Total deals
8
Funding rounds
3
Secondary share transfers
3
Rights issues
2
Disclosed funding
₹8.82 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Feb 2022Funding round · Pre-Series A₹1.2 CrInvestors: IvyCap Ventures, an individual
Oct 2020Secondary share transferUndisclosedBuyer: an individual
Seller: 3 individuals
Nov 2019Funding round₹2.06 CrInvestors: SOSV, Omphalos Ventures India, Trinity Ventures
Jun 2019Rights issue₹52.1 LakhInvestors: Omphalos Ventures India, 2 individuals
Mar 2019Rights issue₹60 LakhInvestors: Omphalos Ventures India

To see the full deal history of Double Slit Media Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Double Slit Media Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Double Slit Media Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCD7160D1ZOKarnatakaActive10 Jul 2018

To see the full GST registrations and return filing status of Double Slit Media Technologies Private Limited, buy the company report.

Recent activity

Double Slit Media Technologies Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Sagar Yogesh Ramteke ceased to be Director on 09 Mar 2022.

AGM
Double Slit Media Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Double Slit Media Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Sagar Yogesh Ramteke ceased to be Director.
Ceased
Gaurav Tripathi ceased to be Additional Director.
Appointed
Gaurav Tripathi was appointed as Director.
Appointed
Vijay Goel was appointed as Director.
Incorporation
30 May 2018
Double Slit Media Technologies Private Limited was registered on 30 May 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.

Frequently asked questions

Double Slit Media Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 May 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113551.

Double Slit Media Technologies has 2 current directors:

The latest financial statements of Double Slit Media Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Double Slit Media Technologies is 29AAGCD7160D1ZO, registered in Karnataka.

The CIN (Corporate Identification Number) of Double Slit Media Technologies is U74999KA2018PTC113551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Double Slit Media Technologies was incorporated on 30 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Double Slit Media Technologies has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹8.82 Cr; the latest was in February 2022.

Sagar Yogesh Ramteke ceased to be Director on 09 Mar 2022. Gaurav Tripathi ceased to be Additional Director on 31 Dec 2020. Gaurav Tripathi was appointed as Director on 03 Sep 2020. Double Slit Media Technologies has 4 board changes on record in total.

Yes, Double Slit Media Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Double Slit Media Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0103315).