Dropvault Tech Private Limited
About Dropvault Tech Private Limited
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Dropvault Tech Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC142468.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Navneet Yadav and Ranjit Sundaram.
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 No.24/2 Alfred Street Richmond Town, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2022, the company reported a revenue of ₹64,800. For the same year it recorded a net loss of ₹67,500 (net margin -104.2%) and EBITDA of -₹67,500 (EBITDA margin -104.2%).
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- Registered AddressNo.24/2 Alfred Street Richmond Town, Bengaluru, Karnataka, India – 560025
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Business Activity of Dropvault Tech Private Limited
The main business activity of Dropvault Tech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Dropvault Tech Private Limited FY 2022 filings available
Dropvault Tech Private Limited reported revenue of ₹64,800 for FY 2022.
Financial Statement Summary of Dropvault Tech Private Limited
| Metrics | 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 | -₹67,500 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹67,500 | •••• |
| 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 Dropvault Tech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -104.2% | •••• |
| Net Profit Margin | -104.2% | •••• |
| 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 Dropvault Tech are in the company report.
Financial statements from FY 2021
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 Dropvault Tech Private Limited
Dropvault Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Onval Technologies Private Limited | ₹65,000 (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Skilora Innovations Private Limited | ₹65,000 (FY 2024) | •••• | •••• | -95.0% | •••• | Kozhikode, Kerala, India |
| 24Mediaadvert (OPC) Private Limited | ₹65,000 (FY 2022) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Gemmarix PC (OPC) Private Limited | ₹64,831 (FY 2025) | •••• | •••• | •••• | Gandhinagar, Gujarat, India | |
| Dropvault Tech Private Limited this company | ₹64,800 (FY 2022) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Technostrap Digital Private Limited | ₹64,800 (FY 2021) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Seven of Spade Technologies Private Limited | ₹64,800 (FY 2021) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Badi Soch Innovations Private Limited | ₹64,763 (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Shivanya Technologies Private Limited | ₹64,691 (FY 2025) | •••• | •••• | •••• | Rae Bareli, Uttar Pradesh, India | |
| Mindstory Creations Private Limited | ₹64,685 (FY 2025) | •••• | •••• | -89.0% | •••• | Delhi, India |
| Rasi Cyber Solutions Private Limited | ₹64,628 (FY 2025) | •••• | •••• | •••• | Uluberia, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Dropvault Tech by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Dropvault Tech Private Limited
Dropvault Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Yadav | Director | 22 Dec 2020 | 5 Years 9 Months | Current |
| Ranjit Sundaram | Director | 22 Dec 2020 | 5 Years 9 Months | Current |
Charges & Borrowings of Dropvault Tech Private Limited
Dropvault Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dropvault Tech Private Limited
Employment history and EPFO contributions of people linked to Dropvault Tech.
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.
Recent Activity on Dropvault Tech Private Limited
Dropvault Tech Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Tarun Sundaram ceased to be Director on 23 Mar 2023.
Credit Ratings, Litigation & Regulatory Alerts for Dropvault Tech 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 Dropvault Tech 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 Dropvault Tech 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 Dropvault Tech Private Limited
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 Dropvault Tech 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 Dropvault Tech Private Limited
Dropvault Tech is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 December 2020 (6+ years old) and is registered under CIN U72900KA2020PTC142468.
Dropvault Tech reported revenue of ₹64,800 for FY 2022.
Dropvault Tech has 2 current directors:
- Navneet Yadav - Director
- Ranjit Sundaram - Director
Dropvault Tech reported a net loss of ₹67,500 (net margin -104.2%) and EBITDA of -₹67,500 (EBITDA margin -104.2%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Dropvault Tech is U72900KA2020PTC142468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dropvault Tech was incorporated on 22 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Dropvault Tech by revenue are Onval Technologies Private Limited, Skilora Innovations Private Limited, 24Mediaadvert (OPC) Private Limited, Gemmarix PC (OPC) Private Limited, Technostrap Digital Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Tarun Sundaram ceased to be Director on 23 Mar 2023. Navneet Yadav was appointed as Director on 22 Dec 2020. Ranjit Sundaram was appointed as Director on 22 Dec 2020.
The registered office of Dropvault Tech is at No.242 Alfred Street Richmond Town, Bengaluru, Karnataka, India – 560025.
Dropvault Tech has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000.
Dropvault Tech operates in the information technology industry, in the application development and software solutions segment.