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Makers Hive Innovations Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹95.52 Lakh
▲ 91045% YoY
Net loss · FY 2024
₹3.61 Cr
Net margin -377.6%
EBITDA · FY 2024
-₹3.61 Cr
EBITDA margin -377.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹20.62 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
28
Provident fund records
Directors on board
4
As per MCA filings
About Makers Hive Innovations Private Limited
Data last updated:
Makers Hive Innovations Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Calculus Innovations Private Limited and recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 15 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC122995. Its GSTIN is 36AALCM6901C1ZM (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20.62 Lakh. It is led by directors including Vempati Venkata Siva Pranav Kumar (Managing Director) and Chanakya Gone.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Yashshree Tech Park, Sector 3, Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.61 Cr (net margin -377.6%) and EBITDA of -₹3.61 Cr (EBITDA margin -377.6%). Revenue has grown at a compounded annual rate (CAGR) of 583% over three years and 207% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Makers Hive Innovations. The company has 2 deals on record (2 rights issues); the latest was in August 2020.
Makers Hive Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0057449). For more details, the company can be reached via its website makershive.io.
Company details
CIN U74999TG2018PTC122995
Registration Number 122995
Incorporation Date 15 March 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Calculus Innovations Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0057449
Key People
Vempati Venkata Siva Pranav Kumar Managing Director Chanakya Gone Director Vijaya Kumar Gangaraj Director Recognitions & Rankings of Makers Hive Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0057449
Contact details
Makers Hive Innovations Private Limited's registered office is in Hyderabad, Telangana. Its website is makershive.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Yashshree Tech Park Plot 11 Survey No. 4, HUDA Techno Enclave Sector 3 Ghmc Serillingampally Hitech City Madhapur Rangareddy, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Makers Hive Innovations Private Limited, buy the company report.
Comprehensive company report
Makers Hive Innovations Private Limited - one report that includes everything
- 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
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Brands
Makers Hive Innovations operates one associated brand: Makers Hive Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of affordable, customizable bionic hands and associated mobile application | makershive.io |
Business activity
The main business activity of Makers Hive Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Makers Hive Innovations Private Limited, buy the company report.
Financials of Makers Hive Innovations Private Limited
FY 2024 filings availableMakers Hive Innovations Private Limited reported revenue of ₹95.52 Lakh (up 91045% YoY) for FY 2024.
Revenue · FY 2024
₹95.52 Lakh ▲ 91045%
Net loss · FY 2024
₹3.61 Cr margin -377.6%
EBITDA · FY 2024
-₹3.61 Cr margin -377.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 583%
5 years · compounded
▲ 207%
EBITDA CAGR growth
1 year
▲ 20%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 207% over five years. EBITDA rose 20% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.61 Cr | ||||
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| Net Profit (PAT) | -₹3.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -377.6% | ||||
| Net Profit Margin | -377.6% | ||||
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To see the full financial statements and ratios of Makers Hive Innovations Private Limited, buy the company report.
Board of directors of Makers Hive Innovations Private Limited
Makers Hive Innovations has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vempati Venkata Siva Pranav Kumar | Managing Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| Chanakya Gone Also directs: Calculus Innovations Private Limited | Director | 18 Feb 2022 | 4 Years 8 Months | Current |
| Vijaya Kumar Gangaraj | Director | 14 Sep 2021 | 5 Years 1 Months | Current |
| Suren Marumamula Also directs: Kiranyaa Ventures LLP, Beontea Brew Private Limited, Jatayu Drones Private Limited and 1 more | Director | 22 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Makers Hive Innovations Private Limited is audited by V I A N & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V I A N & ASSOCIATES | FY 2022 | 032963N |
Shareholding
The shareholding of Makers Hive Innovations Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Makers Hive Innovations Private Limited, buy the company report.
Deals & funding
Makers Hive Innovations Private Limited has 2 deals on record (2 rights issues); the latest was in August 2020.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Rights issue | ₹50 Lakh | Investors: an individual |
| Apr 2018 | Rights issue | ₹7.5 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Makers Hive 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 Makers Hive Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Makers Hive Innovations Private Limited has a workforce of 28 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-6.67%
GST
Makers Hive Innovations has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCM6901C1ZM | Telangana | Active | 14 May 2018 |
| 37AALCM6901C1ZK | Andhra Pradesh | Active | 27 Dec 2021 |
To see the full GST registrations and return filing status of Makers Hive Innovations Private Limited, buy the company report.
Recent activity
Makers Hive Innovations Private Limited has 10 board changes on record since 2018: 7 appointments and 3 cessations. The latest: Harsha Reddy Ponguleti ceased to be Director on 26 Nov 2024.
Ceased
Harsha Reddy Ponguleti ceased to be Director.
Ceased
Sai Prasad Pampari ceased to be Director.
AGM
Makers Hive Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Makers Hive Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Philip Johan Thomas ceased to be Director.
Appointed
Chanakya Gone was appointed as Director.
Appointed
Vijaya Kumar Gangaraj was appointed as Director.
Appointed
Harsha Reddy Ponguleti was appointed as Director.
Appointed
Suren Marumamula was appointed as Director.
Appointed
Philip Johan Thomas was appointed as Director.
Appointed
Sai Prasad Pampari was appointed as Director.
Appointed
Vempati Venkata Siva Pranav Kumar was appointed as Managing Director.
1 earlier event is in the company report.
News
Frequently asked questions
Makers Hive Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 15 March 2018 (8+ years old) and is registered under CIN U74999TG2018PTC122995.
Makers Hive Innovations has 4 current directors:
- Vempati Venkata Siva Pranav Kumar - Managing Director
- Chanakya Gone - Director
- Vijaya Kumar Gangaraj - Director
- Suren Marumamula - Director
The latest financial statements of Makers Hive Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Makers Hive Innovations is 36AALCM6901C1ZM, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AALCM6901C1ZK (Andhra Pradesh).
The CIN (Corporate Identification Number) of Makers Hive Innovations is U74999TG2018PTC122995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makers Hive Innovations was incorporated on 15 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Makers Hive Innovations has 2 deals on record (2 rights issues); the latest was in August 2020.
Harsha Reddy Ponguleti ceased to be Director on 26 Nov 2024. Sai Prasad Pampari ceased to be Director on 22 Oct 2024. Philip Johan Thomas ceased to be Director on 30 Dec 2022. Makers Hive Innovations has 10 board changes on record in total.
Yes, Makers Hive Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Makers Hive Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0057449).