Giid Innovations Private Limited
About Giid Innovations Private Limited
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Giid Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Brisa Technologies Private Limited. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the corporate training and development segment of the education sector. It was incorporated on 12 September 2018.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC116301. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Giidgenie Innovations Private Limited. It is led by directors Srikant Venkat Sadhu and Pradeep Kumar Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at S.No.89 K.No.65/89 1st Sector Hsr L/03, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2020, the company reported a revenue of ₹22.14 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹89,810 (net margin -4.1%) and EBITDA of -₹53,810 (EBITDA margin -2.4%).
Company details
Name history
Giid Innovations has undergone 2 name changes throughout its history. The company was previously known as Giidgenie Innovations Private Limited, and Giid Innovations Private Limited. The current legal name is Giid Innovations Private Limited.
| Company Name | Status |
|---|---|
| Giid Innovations Private Limited | Current |
| Giidgenie Innovations Private Limited | Previous |
Contact details
Giid Innovations Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.No.89 K.No.65/89 1st Sector Hsr L/03, Bangalore, Karnataka, India – 560102
- IndustryEducation, Corporate Training & Development
To see the full contact details of Giid Innovations 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
Business activity
The main business activity of Giid Innovations is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Giid Innovations Private Limited, buy the company report.
Financials of Giid Innovations Private Limited
FY 2020 filings availableGiid Innovations Private Limited reported revenue of ₹22.14 Lakh (up 31% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year. EBITDA rose 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹22.14 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹53,810 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹89,810 | |
| 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 | ||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -2.4% | |
| Net Profit Margin | -4.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
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To see the full financial statements and ratios of Giid Innovations Private Limited, buy the company report.
Board of directors of Giid Innovations Private Limited
Giid Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikant Venkat Sadhu Also directs: Chakra Direct Enterprises Private Limited | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
| Pradeep Kumar Singh Also directs: Chakra Direct Enterprises Private Limited | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
Shareholding
The shareholding of Giid Innovations Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Giid Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Giid Innovations 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 Giid Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Giid Innovations 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 Giid Innovations Private Limited, buy the company report.
Recent activity
Giid Innovations Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Pradeep Kumar Singh was appointed as Director on 12 Sep 2018.
Frequently asked questions
Giid Innovations is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Giid Innovations is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 12 September 2018 and is registered under CIN U72900KA2018PTC116301. The company may be struck off soon - caution is advised.
Giid Innovations has 2 current directors:
- Srikant Venkat Sadhu - Director
- Pradeep Kumar Singh - Director
The CIN (Corporate Identification Number) of Giid Innovations is U72900KA2018PTC116301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giid Innovations was incorporated on 12 September 2018. It is registered with the Registrar of Companies, Bangalore.
The registered office of Giid Innovations is at S.No.89 K.No.6589 1st Sector Hsr L03, Bangalore, Karnataka, India – 560102.
The latest financial statements of Giid Innovations on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Giid Innovations has 1 GST registration on record and it is cancelled or inactive.
Giid Innovations operates in the education industry, in the corporate training and development segment.
Pradeep Kumar Singh was appointed as Director on 12 Sep 2018. Srikant Venkat Sadhu was appointed as Director on 12 Sep 2018.