Flatpi Technologies Private Limited
About Flatpi Technologies Private Limited
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Flatpi Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 17 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2014PTC259393. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.86 Lakh. It is led by directors Ketan Dewan and Yashwant Sitaram Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 203 B Wing Tirupati Chs Ltd High Street Powai Park, Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹75,000, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹65.57 Lakh and EBITDA of -₹62.34 Lakh.
The company is associated with 1 brand: Flatpi. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.25 Cr; the latest was in August 2016.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Flatpi Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 B Wing Tirupati Chs Ltd High Street Powai Park Hiranandani Complex Nr D Mar, T Iit, Mumbai, Maharashtra, India – 400076
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Flatpi Technologies Private Limited, buy the company report.
- 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
Brands
Flatpi Technologies operates one associated brand: Flatpi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stealth mode recruitment startup | flatpi.com |
Business activity
The main business activity of Flatpi Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Flatpi Technologies Private Limited
FY 2019 filings availableFlatpi Technologies Private Limited reported revenue of ₹75,000 (down 92% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹75,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹62.34 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹65.57 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 Flatpi Technologies Private Limited, buy the company report.
Board of directors of Flatpi Technologies Private Limited
Flatpi Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwant Sitaram Singh Also directs: Talocity Instasolutions Private Limited | Additional Director | 02 Nov 2021 | 4 Years 11 Months | Current |
| Ketan Dewan | Director | 04 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Flatpi Technologies Private Limited is audited by GAURAVJAIN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAVJAIN | FY 2017 | 512348 |
Shareholding
The shareholding of Flatpi Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Flatpi Technologies Private Limited, buy the company report.
Deals & funding
Flatpi Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.25 Cr; the latest was in August 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Funding round | ₹24.5 Lakh | Investors: 3 individuals |
| Apr 2016 | Funding round | ₹1 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Flatpi Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flatpi Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flatpi Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Flatpi Technologies Private Limited, buy the company report.
Recent activity
Flatpi Technologies Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Devvrat Arya ceased to be Director on 02 Nov 2021.
Frequently asked questions
Flatpi Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 17 November 2014 (12+ years old) and is registered under CIN U72300MH2014PTC259393.
Flatpi Technologies has 2 current directors:
- Yashwant Sitaram Singh - Additional Director
- Ketan Dewan - Director
The latest financial statements of Flatpi Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Flatpi Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Flatpi Technologies is U72300MH2014PTC259393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flatpi Technologies was incorporated on 17 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Flatpi Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.25 Cr; the latest was in August 2016.
Devvrat Arya ceased to be Director on 02 Nov 2021. Yashwant Sitaram Singh was appointed as Additional Director on 02 Nov 2021. Ketan Dewan ceased to be Additional Director on 29 Sep 2018. Flatpi Technologies has 5 board changes on record in total.
The registered office of Flatpi Technologies is at 203 B Wing Tirupati Chs Ltd High Street Powai Park Hiranandani Complex Nr D Mar, T Iit, Mumbai, Maharashtra, India – 400076.
Flatpi Technologies operates in the information technology industry, in the computer programming segment.