About Royal Elegance Technologies Private Limited
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Royal Elegance Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 19 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC080996. The company has 1 GST registration on record, which is no longer active.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 Lakh. It is led by directors Vinay Gangadhara and Mamatha Renukappa.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹57.29 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹72.64 Lakh (net margin -126.8%) and EBITDA of -₹70.76 Lakh (EBITDA margin -123.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RoyalEleganceTech. Court records list 8 cases involving the company, including 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website royalelegancetech.com.
Company details
Contact details
Royal Elegance Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is royalelegancetech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressKrishhtower No09 Bemllayout Channasandravillage Rrnagara Mysorer, Oad, Bangalore, Karnataka, India – 560098
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Royal Elegance Technologies 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
Brands
Royal Elegance Technologies operates one associated brand: RoyalEleganceTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides software and website development services. | royalelegancetech.com |
Business activity
The main business activity of Royal Elegance Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Royal Elegance Technologies Private Limited, buy the company report.
Financials of Royal Elegance Technologies Private Limited
FY 2019 filings availableRoyal Elegance Technologies Private Limited reported revenue of ₹57.29 Lakh (down 50% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 53%. EBITDA fell 26% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹57.29 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹70.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹72.64 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -123.5% | |||
| Net Profit Margin | -126.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Royal Elegance Technologies Private Limited, buy the company report.
Board of directors of Royal Elegance Technologies Private Limited
Royal Elegance 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 |
|---|---|---|---|---|
| Vinay Gangadhara | Director | 19 Jun 2015 | 11 Years 4 Months | Current |
| Mamatha Renukappa | Director | 19 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Royal Elegance Technologies Private Limited is audited by C N & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N & CO | FY 2019 | 017336S |
Shareholding
The shareholding of Royal Elegance Technologies Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Royal Elegance Technologies Private Limited, buy the company report.
Legal cases
Royal Elegance Technologies Private Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Affreighter Logistics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Affreighter Logistics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Affreighter Logistics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Affreighter Logistics Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Royal Elegance Technologies 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 Royal Elegance Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Royal Elegance Technologies Private Limited has a workforce of 29 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Royal Elegance 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 Royal Elegance Technologies Private Limited, buy the company report.
Recent activity
Royal Elegance Technologies Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Kupatur Bangarappa Gangadhara ceased to be Director on 05 Sep 2019.
Frequently asked questions
Royal Elegance Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 19 June 2015 (11+ years old) and is registered under CIN U72200KA2015PTC080996.
Royal Elegance Technologies has 2 current directors:
- Vinay Gangadhara - Director
- Mamatha Renukappa - Director
The latest financial statements of Royal Elegance Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Royal Elegance Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Royal Elegance Technologies is U72200KA2015PTC080996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royal Elegance Technologies has 8 court cases on record: 8 filed against it.
Royal Elegance Technologies was incorporated on 19 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Kupatur Bangarappa Gangadhara ceased to be Director on 05 Sep 2019. Mamatha Renukappa was appointed as Director on 19 Jun 2015. Vinay Gangadhara was appointed as Director on 19 Jun 2015.
Royal Elegance Technologies can be reached through the website royalelegancetech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Royal Elegance Technologies is at Krishhtower No09 Bemllayout Channasandravillage Rrnagara Mysorer, Oad, Bangalore, Karnataka, India – 560098.
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