Limnea Technologies Private Limited
About Limnea Technologies Private Limited
Data last updated:
Limnea Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 January 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2018PTC109825. Its GSTIN is 29AADCL5084B1ZK (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.33 Lakh. It was led by directors Ravishankar Balaraman and Avinash Saurabh.
Its last annual general meeting (AGM) was held on 14 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at E/1 – 15/1 1st Cross Syndicate Bank Colony Off Bannerghatta Road Arekere, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2020, the company reported a revenue of ₹54.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.68 Lakh (net margin 49.4%) and EBITDA of ₹33.02 Lakh (EBITDA margin 61.1%).
The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹68.2 Lakh; the latest was in March 2019.
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- Registered AddressE/1 – 15/1 1st Cross Syndicate Bank Colony Off Bannerghatta Road Arekere, Bangalore, Karnataka, India – 560076
- 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
Business Activity of Limnea Technologies Private Limited
The main business activity of Limnea Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Limnea Technologies Private Limited FY 2020 filings available
Limnea Technologies Private Limited reported revenue of ₹54.06 Lakh (up 301% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Limnea Technologies Private Limited
Revenue rose 301% in the latest year. EBITDA rose 214% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Limnea Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹54.06 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹33.02 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.68 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 Limnea Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 61.1% | •••• | •••• |
| Net Profit Margin | 49.4% | •••• | •••• |
| 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 Limnea Technologies are in the company report.
Financial statements from FY 2018
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.
Auditor Details of Limnea Technologies Private Limited
Limnea Technologies Private Limited is audited by Bathiya & Associates LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bathiya & Associates LLP | 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.
Board of Directors of Limnea Technologies Private Limited
Limnea Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravishankar Balaraman | Director | 24 Jan 2018 | 8 Years 8 Months | As last reported |
| Avinash Saurabh Also directs: Onejam Cloudtech Private Limited | Director | 01 Oct 2018 | 8 Years 0 Months | As last reported |
Ownership and Shareholding of Limnea 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 Limnea Technologies Private Limited
Limnea Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Limnea Technologies Private Limited
Limnea Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹68.2 Lakh; the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Buyer: an individual Seller: 4 individuals | |
| Jul 2018 | Funding round | ₹68.2 Lakh | Investors: RoundGlass Partners |
| Mar 2018 | Secondary share transfer | Buyer: an individual Seller: an individual |
Full deal history
All 3 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 Limnea Technologies Private Limited
Employment history and EPFO contributions of people linked to Limnea 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 Limnea Technologies Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Limnea 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 Limnea 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 Limnea 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 Limnea Technologies Private Limited
Limnea Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL5084B1ZK | Karnataka | Active | 01 Apr 2018 |
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 Limnea 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.
Frequently Asked Questions about Limnea Technologies Private Limited
Limnea Technologies has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Limnea Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 24 January 2018 and is registered under CIN U85300KA2018PTC109825. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Limnea Technologies was incorporated on 24 January 2018. It is registered with the Registrar of Companies, Bangalore.
Limnea Technologies had 2 directors:
- Ravishankar Balaraman - Director
- Avinash Saurabh - Director
The CIN (Corporate Identification Number) of Limnea Technologies is U85300KA2018PTC109825. 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 Limnea Technologies is at E1 – 151 1st Cross Syndicate Bank Colony Off Bannerghatta Road Arekere, Bangalore, Karnataka, India – 560076.
Limnea Technologies reported revenue of ₹54.06 Lakh for FY 2020 (up 301% YoY).
Limnea Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.33 Lakh.
Limnea Technologies reported a net profit of ₹26.68 Lakh (net margin 49.4%) and EBITDA of ₹33.02 Lakh (EBITDA margin 61.1%) for FY 2020, as per its filed financial statements.