Launchyard Technologies Private Limited
About Launchyard Technologies Private Limited
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Launchyard Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC078626. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.25 Lakh. It is led by directors Ghousia Haider and Atif Haider.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at #3274 11th Main Hal 2nd Stage Indira Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2021, the company reported a revenue of ₹35,650, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.46 Lakh (net margin -409.2%) and EBITDA of -₹1.82 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 68% over five years.
The company is associated with 1 brand: Aircto. The company has 4 deals on record (2 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹63.1 Lakh; the latest was in June 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#3274 11th Main Hal 2nd Stage Indira Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Launchyard Technologies Private Limited
Launchyard Technologies operates one associated brand: Aircto. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platform for technical talent recruitment is utilized. | aircto.com |
Financials of Launchyard Technologies Private Limited FY 2021 filings available
Launchyard Technologies Private Limited reported revenue of ₹35,650 (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Launchyard Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 99% fall 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 of Launchyard Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹35,650 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.82 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.46 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 of Launchyard Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | -409.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Launchyard Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Launchyard Technologies Private Limited
Launchyard Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghousia Haider | Director | 16 Nov 2021 | 4 Years 11 Months | Current |
| Atif Haider | Director | 30 Jan 2015 | 11 Years 8 Months | Current |
Auditor Details of Launchyard Technologies Private Limited
Launchyard Technologies Private Limited is audited by PHANINDRA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PHANINDRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Launchyard Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Launchyard Technologies Private Limited
Launchyard Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Launchyard Technologies Private Limited
Launchyard Technologies Private Limited has 4 deals on record (2 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹63.1 Lakh; the latest was in June 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Acquisition | Undisclosed | Buyer: an individual |
| Aug 2018 | Rights issue | ₹26.8 Lakh | Investors: an individual |
| Mar 2018 | Funding round | ₹25.3 Lakh | Investors: an individual |
| Sep 2017 | Funding round | ₹37.8 Lakh | Investors: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Launchyard Technologies Private Limited
Employment history and EPFO contributions of people linked to Launchyard Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Launchyard Technologies Private Limited
Launchyard Technologies Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Kartik Kumaramangalam ceased to be Director on 18 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Launchyard Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Launchyard Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Launchyard Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Launchyard Technologies Private Limited
Launchyard Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Launchyard Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Launchyard Technologies Private Limited
Frequently Asked Questions about Launchyard Technologies Private Limited
Launchyard Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 January 2015 (11+ years old) and is registered under CIN U72200KA2015PTC078626.
Launchyard Technologies reported revenue of ₹35,650 for FY 2021 (down 99% YoY).
Launchyard Technologies has 2 current directors:
- Ghousia Haider - Director
- Atif Haider - Director
Launchyard Technologies reported a net loss of ₹1.46 Lakh (net margin -409.2%) and EBITDA of -₹1.82 Lakh for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Launchyard Technologies is -75% over three years and -68% over five years. In the latest year (FY 2021) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
No. Launchyard Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Launchyard Technologies is U72200KA2015PTC078626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Launchyard Technologies was incorporated on 30 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Launchyard Technologies has 4 deals on record (2 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹63.1 Lakh; the latest was in June 2019.
Kartik Kumaramangalam ceased to be Director on 18 Nov 2021. Ghousia Haider was appointed as Director on 16 Nov 2021. Atif Haider was appointed as Director on 30 Jan 2015.