Dynamic Octopus Technology Private Limited

Dynamic Octopus Technology Private Limited - information technology in Banaswadi, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2020PTC142378 Incorporated 18 December 2020 ROC Bangalore HQ Banaswadi, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹17.37 Cr
▲ 1770% YoY
Net profit · FY 2023
₹3.37 Cr
Net margin 19.4%
EBITDA · FY 2023
₹4.82 Cr
EBITDA margin 27.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
8
Provident fund records
Directors on board
2
As per MCA filings

About Dynamic Octopus Technology Private Limited

Data last updated:

Dynamic Octopus Technology Private Limited is a private limited company based in Banaswadi, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 December 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC142378. Its GSTIN is 29AAICD2085K1Z9 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praveen Baluru Manje Gowda and Harendra Ray.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 330 2nd C Main Ombr Layout, Banaswadi, Karnataka, India – 560043.

As per the financials filed for FY 2023, the company reported a revenue of ₹17.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.37 Cr (net margin 19.4%) and EBITDA of ₹4.82 Cr (EBITDA margin 27.8%).

The company has about 8 employees on its provident fund (EPFO) records.

Company Details of Dynamic Octopus Technology Private Limited
CIN U72900KA2020PTC142378
Registration Number 142378
Incorporation Date 18 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No. 330 2nd C Main Ombr Layout, Banaswadi, Karnataka, India – 560043
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Dynamic Octopus Technology Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Dynamic Octopus Technology Private Limited

The main business activity of Dynamic Octopus Technology is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

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Board of Directors of Dynamic Octopus Technology Private Limited

Dynamic Octopus Technology has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Praveen Baluru Manje GowdaDirector21 Jul 20224 Years 2 MonthsCurrent
Harendra RayDirector01 Aug 20224 Years 2 MonthsCurrent

Financials of Dynamic Octopus Technology Private Limited FY 2023 filings available

Dynamic Octopus Technology Private Limited reported revenue of ₹17.37 Cr (up 1770% YoY) for FY 2023.

Revenue · FY 2023
₹17.37 Cr ▲ 1770%
Net profit · FY 2023
₹3.37 Cr margin 19.4%
EBITDA · FY 2023
₹4.82 Cr margin 27.8%

Financial Statement Summary of Dynamic Octopus Technology Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue••••••••••••
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Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹4.82 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹3.37 Cr••••••••
Balance Sheet
Share Capital••••••••••••
Reserves and Surplus••••••••••••
Net Worth (Total Equity)••••••••••••
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Trade Receivables••••••••••••
Cash and Bank Balance••••••••••••
Total Assets••••••••••••

Financial Ratios of Dynamic Octopus Technology Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin27.8%••••••••
Net Profit Margin19.4%••••••••
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••••••••••••
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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 Dynamic Octopus Technology are in the company report.

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Financial statements from FY 2021

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Charges & Borrowings of Dynamic Octopus Technology Private Limited

Dynamic Octopus Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Dynamic Octopus Technology Private Limited

Employment history and EPFO contributions of people linked to Dynamic Octopus Technology.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Dynamic Octopus Technology Private Limited

Dynamic Octopus Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICD2085K1Z9KarnatakaActive02 Mar 2021
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Dynamic Octopus Technology Private Limited

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MSME Payment Delays by Dynamic Octopus Technology Private Limited

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Subsidiaries & Group Companies of Dynamic Octopus Technology Private Limited

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MCA Filings & Documents of Dynamic Octopus Technology Private Limited

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MCA filings and documents

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Recent Activity on Dynamic Octopus Technology Private Limited

Activity
30 Sep 2023
Dynamic Octopus Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Activity
31 Mar 2023
Dynamic Octopus Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Directors
01 Aug 2022
Harendra Ray was appointed as a Director on 01 Aug 2022 & has been associated with this company since 4 years 2 months.
Directors
21 Jul 2022
Praveen Baluru Manje Gowda was appointed as a Director on 21 Jul 2022 & has been associated with this company since 4 years 2 months.
Activity
18 Dec 2020
Dynamic Octopus Technology Private Limited was registered on 18 Dec 2020 with Roc Bangalore & aged 5 years 9 months as per MCA records.

Frequently Asked Questions about Dynamic Octopus Technology Private Limited

Dynamic Octopus Technology is an active private limited company based in Banaswadi, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 December 2020 (6+ years old) and is registered under CIN U72900KA2020PTC142378.

Dynamic Octopus Technology reported revenue of ₹17.37 Cr for FY 2023 (up 1770% YoY).

Dynamic Octopus Technology has 2 current directors:

Dynamic Octopus Technology reported a net profit of ₹3.37 Cr (net margin 19.4%) and EBITDA of ₹4.82 Cr (EBITDA margin 27.8%) for FY 2023, as per its filed financial statements.

The GSTIN of Dynamic Octopus Technology is 29AAICD2085K1Z9, registered in Karnataka.

The CIN (Corporate Identification Number) of Dynamic Octopus Technology is U72900KA2020PTC142378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Dynamic Octopus Technology was incorporated on 18 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Yes, Dynamic Octopus Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Dynamic Octopus Technology is at No. 330 2nd C Main Ombr Layout, Banaswadi, Karnataka, India – 560043.

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