Kwitz Technologies Private Limited
About Kwitz Technologies Private Limited
Data last updated:
Kwitz Technologies Private Limited was a private limited company based in Bangalore, 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 hosting and related activities segment of the technology and IT services sector. It was incorporated on 25 October 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC097365. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ambavaram Poli Reddy (Managing Director) and Rama Vellala Lingeswara Reddy.
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 52 Iti Employee Housing4 Coperative Society Limited B Narayanapura Dooravaninagar, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.8 Lakh, a growth of 86% compared to the previous year. For the same year it recorded EBITDA of ₹6,702 (EBITDA margin 1.8%).
Company details
Contact details
Kwitz Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 52 Iti Employee Housing4 Coperative Society Limited B Narayanapura Dooravaninagar, Bangalore, Karnataka, India – 560016
- IndustryInformation Technology, Hosting And Related Activities, Data Processing
- 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 Kwitz Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Kwitz Technologies Private Limited, buy the company report.
Financials of Kwitz Technologies Private Limited
FY 2018 filings availableKwitz Technologies Private Limited reported revenue of ₹3.8 Lakh (up 86% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 86% in the latest year. EBITDA rose 241% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹6,702 | |
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Financial Ratios
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| EBITDA Margin | 1.8% | |
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To see the full financial statements and ratios of Kwitz Technologies Private Limited, buy the company report.
Board of directors of Kwitz Technologies Private Limited
Kwitz 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 |
|---|---|---|---|---|
| Ambavaram Poli Reddy | Managing Director | 25 Oct 2016 | 10 Years 0 Months | As last reported |
| Rama Vellala Lingeswara Reddy | Director | 05 Sep 2017 | 9 Years 1 Months | As last reported |
Peer comparison
Kwitz Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Groupon Technologies Private Limited | ₹3.84 Lakh (FY 2019) | -92.0% | Nashik, Maharashtra, India | |||
| Vishala Designs and Software Solutions (OPC) Private Limited | ₹3.83 Lakh (FY 2023) | 59.0% | Chennai, Tamil Nadu, India | |||
| E-Digix Technologies Private Limited | ₹3.82 Lakh (FY 2016) | 6.0% | Ahmedabad, Gujarat, India | |||
| Servepoint Egovernance India Private Limited | ₹3.82 Lakh (FY 2023) | -76.0% | Hardoi, Uttar Pradesh, India | |||
| Advanced Reliable Business Solutions Private Limited | ₹3.81 Lakh (FY 2016) | -40.0% | Jaipur, Rajasthan, India | |||
| Kwitz Technologies Private Limitedthis company | ₹3.8 Lakh (FY 2018) | 86.0% | Bangalore, Karnataka, India | |||
| Huttirifly Infotainment Private Limited | ₹3.79 Lakh (FY 2021) | -78.0% | Mangalore, Karnataka, India | |||
| Verbicio Labs Private Limited | ₹3.78 Lakh (FY 2017) | -52.0% | Ernakulam, Kerala, India | |||
| Einformatik Network Private Limited | ₹3.77 Lakh (FY 2019) | 64.0% | Kanpur, Uttar Pradesh, India | |||
| Nitsa Consultancy Private Limited | ₹3.73 Lakh (FY 2024) | 3.0% | Patna, Bihar, India | |||
| Brajonix Solutions Private Limited | ₹3.72 Lakh (FY 2019) | Patna, Bihar, India |
To see the full peer comparison of Kwitz Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kwitz 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 Kwitz Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kwitz 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 Kwitz Technologies Private Limited, buy the company report.
Recent activity
Kwitz Technologies Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Sainagamanaswini Kokkanti ceased to be Director on 15 Jun 2019.
Frequently asked questions
Kwitz Technologies 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.
Kwitz Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in hosting and related activities, within the information technology industry. It was incorporated on 25 October 2016 and is registered under CIN U72900KA2016PTC097365. The company has been struck off by the Registrar of Companies and is no longer operational.
Kwitz Technologies had 2 directors:
- Ambavaram Poli Reddy - Managing Director
- Rama Vellala Lingeswara Reddy - Director
The CIN (Corporate Identification Number) of Kwitz Technologies is U72900KA2016PTC097365. 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 Kwitz Technologies is at No 52 Iti Employee Housing4 Coperative Society Limited B Narayanapura Dooravaninagar, Bangalore, Karnataka, India – 560016.
Kwitz Technologies was incorporated on 25 October 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Kwitz Technologies 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 FY 2017 are in the company report.
No. Kwitz Technologies has 1 GST registration on record and it is cancelled or inactive.
Kwitz Technologies operated in the information technology industry, in the hosting and related activities segment. It worked in this industry before it was struck off.
The peers of Kwitz Technologies by revenue are Groupon Technologies Private Limited, Vishala Designs and Software Solutions (OPC) Private Limited, E-Digix Technologies Private Limited, Servepoint Egovernance India Private Limited, Advanced Reliable Business Solutions Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Sainagamanaswini Kokkanti ceased to be Director on 15 Jun 2019. Ajay Gurijala Kumar Reddy ceased to be Director on 30 Jan 2019. Satish Chowdeswar Reddy Kachana ceased to be Director on 14 Sep 2017. Kwitz Technologies has 5 board changes on record in total.