About Banger Tech Private Limited
Data last updated:
Banger Tech Private Limited is a private limited company based in Baneswarpur, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 21 March 2014.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2014PTC201262. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.79 Lakh. It was formerly known as Dutch Door Tech Private Limited. It is led by directors Aakash Agrawal and Ebrahim Akbari.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Vill – Baneswarpur P.O – Hasimnagar, West Bengal, India – 743513.
As per the financials filed for FY 2020, the company reported a revenue of ₹26.66 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹15.88 Cr (net margin -59.6%) and EBITDA of -₹15.69 Cr (EBITDA margin -58.9%). Revenue has grown at a compounded annual rate (CAGR) of 200% over three years.
The company has about 246 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in August 2019.
The last known website on record is doodhwala.net.
Company details
Contact details
Banger Tech Private Limited's registered office is in Baneswarpur, West Bengal. Its website is doodhwala.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVill – Baneswarpur P.O – Hasimnagar, West Bengal, India – 743513
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Banger Tech Private Limited, buy the company report.
- 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 Banger Tech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Banger Tech Private Limited, buy the company report.
Financials of Banger Tech Private Limited
FY 2020 filings availableBanger Tech Private Limited reported revenue of ₹26.66 Cr (down 7% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 200%. EBITDA rose 27% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.66 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹15.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.88 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -58.9% | ||||
| Net Profit Margin | -59.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Banger Tech Private Limited, buy the company report.
Board of directors of Banger Tech Private Limited
Banger Tech 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 |
|---|---|---|---|---|
| Aakash Agrawal | Director | 21 Mar 2014 | 12 Years 7 Months | As last reported |
| Ebrahim Akbari Also directs: Kshatriya Autonomous Private Limited | Director | 15 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Banger Tech Private Limited is audited by DHAND & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHAND & CO | FY 2020 | 327662E |
Shareholding
The shareholding of Banger Tech Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Banger Tech Private Limited, buy the company report.
Deals & funding
Banger Tech Private Limited has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in August 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Funding round | ₹1.69 Cr | Investors: 4 individuals |
| Dec 2018 | Rights issue | ₹14 Cr | Investors: Omnivore Partners |
| Feb 2018 | Funding round · Series A | ₹14 Cr | Investors: Omnivore Partners |
| Sep 2017 | Rights issue | ₹99.3 Lakh | Investors: an individual |
| Sep 2017 | Funding round | ₹1.19 Cr | Investors: 2 individuals |
To see the full deal history of Banger Tech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Banger Tech Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Happy Milk | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Peregrine Guarding Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Tenon Facility Management India Private Limited | Disposed |
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed against the company by M/S Akshatakalpa Farms and Foods Pvt Ltd. | Pending |
| District court, TUMAKURU, Karnataka | Criminal complaint | Filed against the company by M/S Akshatakalpa Farms and Foods Pvt Ltd. | Disposed |
To see the full case history of Banger Tech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banger Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Banger Tech Private Limited has a workforce of 246 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Banger Tech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Banger Tech Private Limited, buy the company report.
Recent activity
Banger Tech Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Reihem Roy ceased to be Nominee Director on 09 Sep 2019.
News
Frequently asked questions
Banger Tech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Banger Tech is a company under liquidation, formerly operating as a private limited company based in Baneswarpur, West Bengal, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 21 March 2014 and is registered under CIN U74900WB2014PTC201262. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Banger Tech has 2 current directors:
- Aakash Agrawal - Director
- Ebrahim Akbari - Director
The latest financial statements of Banger Tech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Banger Tech is U74900WB2014PTC201262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banger Tech has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the district courts.
Banger Tech was incorporated on 21 March 2014. It is registered with the Registrar of Companies, Kolkata.
Banger Tech has 6 deals on record (3 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹16.88 Cr; the latest was in August 2019.
Reihem Roy ceased to be Nominee Director on 09 Sep 2019. Jinesh Bharat Shah ceased to be Nominee Director on 27 Apr 2018. Ebrahim Akbari was appointed as Director on 15 Apr 2015. Banger Tech has 5 board changes on record in total.
Banger Tech can be reached through the website doodhwala.net. Its registered office is in Baneswarpur, West Bengal, India.
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