Hubscopes Technology Private Limited

Hubscopes Technology Private Limited - information technology in Gulbarga, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2014PTC075557 Incorporated 28 July 2014 ROC Bangalore HQ Gulbarga, Karnataka, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹1.05 Lakh
▼ 94% YoY
Net loss · FY 2018
₹3.79 Lakh
Net margin -359.5%
EBITDA · FY 2018
-₹57,734
EBITDA margin -54.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Hubscopes Technology Private Limited

Data last updated:

Hubscopes Technology Private Limited was a private limited company based in Gulbarga, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 28 July 2014.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075557. Its GSTIN is 29AADCH4461Q2ZX (Karnataka). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Renuka and Basavaraj Mahajan Shetty.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No 1 – 53/S – 5/2 2nd Floor Asian Business Center Sp Office Road, Gulbarga, Karnataka, India – 585101.

As per the financials filed for FY 2018, the company reported a revenue of ₹1.05 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹3.79 Lakh (net margin -359.5%) and EBITDA of -₹57,734 (EBITDA margin -54.7%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.

Company details

CIN U72200KA2014PTC075557
Registration Number 075557
Incorporation Date 28 July 2014
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Hubscopes Technology Private Limited's registered office is in Gulbarga, Karnataka.

  • Registered Address
    No 1 – 53/S – 5/2 2nd Floor Asian Business Center Sp Office Road, Gulbarga, Karnataka, India – 585101
  • Industry
    Information Technology, Computer Programming, Consultancy
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Hubscopes Technology Private Limited - one report that includes everything
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Business activity

The main business activity of Hubscopes Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Hubscopes Technology Private Limited, buy the company report.

Financials of Hubscopes Technology Private Limited

FY 2018 filings available

Hubscopes Technology Private Limited reported revenue of ₹1.05 Lakh (down 94% YoY) for FY 2018.

Revenue · FY 2018
₹1.05 Lakh ▼ 94%
Net loss · FY 2018
₹3.79 Lakh margin -359.5%
EBITDA · FY 2018
-₹57,734 margin -54.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 65%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 51%

Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 94% fall in the latest year. EBITDA rose 34% 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 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹57,734
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.79 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-54.7%
Net Profit Margin-359.5%
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 Hubscopes Technology Private Limited, buy the company report.

Board of directors of Hubscopes Technology Private Limited

Hubscopes Technology has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
RenukaDirector03 Jan 20197 Years 10 MonthsAs last reported
Basavaraj Mahajan ShettyDirector03 Jan 20197 Years 10 MonthsAs last reported

Peer comparison

Hubscopes Technology Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nobility Finserv Private Limited₹1.06 Lakh (FY 2024)-10.0%New Delhi, Delhi, India
Ecogreen Solar Private Limited₹1.06 Lakh (FY 2018)New Delhi, Delhi, India
Labhanshi Services Private Limited₹1.06 Lakh (FY 2022)-51.0%Indore, Madhya Pradesh, India
Anatinus Labs Internet Services Private Limited₹1.06 Lakh (FY 2022)Koramangala, Karnataka, India
Hubscopes Technology Private Limitedthis company₹1.05 Lakh (FY 2018)-₹3.79 Lakh-359.5%-94.0%Gulbarga, Karnataka, India
Citywings Commodeal Private Limited₹1.05 Lakh (FY 2019)-13.0%Gorakhpur, Uttar Pradesh, India
S K Y R U N Business Solutions Private Limited₹1.05 Lakh (FY 2023)Pune, Maharashtra, India
Kotia Advisory Services Private Limited₹1.05 Lakh (FY 2025)-9.0%Thakurpukur Mahestola, West Bengal, India
Prabhaavi Solutions (OPC) Private Limited₹1.05 Lakh (FY 2025)-22.0%Bangalore, Karnataka, India

To see the full peer comparison of Hubscopes Technology Private Limited, buy the company report.

MSME payment delays

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

GST

Hubscopes Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AADCH4461Q2ZXKarnatakaActive10 May 2019

To see the full GST registrations and return filing status of Hubscopes Technology Private Limited, buy the company report.

Recent activity

Hubscopes Technology Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Arvind Srinivas Kulkarni ceased to be Director on 03 Jan 2019.

Ceased
Arvind Srinivas Kulkarni ceased to be Director.
Appointed
Basavaraj Mahajan Shetty was appointed as Director.
Ceased
Hemanth Singh Chowdhry ceased to be Managing Director.
Appointed
Renuka was appointed as Director.
AGM
Hubscopes Technology Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Hubscopes Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Basavaraj Mahajan Shetty ceased to be Director.
Ceased
Rukmaprasad ceased to be Director.
Incorporation
28 Jul 2014
Hubscopes Technology Private Limited was registered on 28 Jul 2014 with Roc Bangalore & aged 12 years 3 months as per MCA records.

Frequently asked questions

Hubscopes Technology has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Hubscopes Technology was a private limited company based in Gulbarga, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 28 July 2014 and is registered under CIN U72200KA2014PTC075557. The company has been struck off by the Registrar of Companies and is no longer operational.

Hubscopes Technology had 2 directors:

The CIN (Corporate Identification Number) of Hubscopes Technology is U72200KA2014PTC075557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Hubscopes Technology is at No 1 – 53S – 52 2nd Floor Asian Business Center Sp Office Road, Gulbarga, Karnataka, India – 585101.

Hubscopes Technology was incorporated on 28 July 2014. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Hubscopes Technology on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

The GSTIN of Hubscopes Technology is 29AADCH4461Q2ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

Hubscopes Technology operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.

The peers of Hubscopes Technology by revenue are Nobility Finserv Private Limited, Ecogreen Solar Private Limited, Labhanshi Services Private Limited, Anatinus Labs Internet Services Private Limited, Citywings Commodeal Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).

Arvind Srinivas Kulkarni ceased to be Director on 03 Jan 2019. Basavaraj Mahajan Shetty was appointed as Director on 03 Jan 2019. Hemanth Singh Chowdhry ceased to be Managing Director on 03 Jan 2019. Hubscopes Technology has 6 board changes on record in total.