About Noroc Solutions Private Limited
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Noroc Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2014PTC075638. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60.58 Lakh. It is led by directors Santosh Martin (Managing Director) and Ajay Joseph (Managing Director).
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 #9 – A Myrtle Lane Richmond Town, Bangalore, Karnataka, India – 560025.
The company is associated with 1 brand: Let's Binge. The company has 6 deals on record (4 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹1.78 Cr; the latest was in October 2016. Its 10 peer companies in the Outsourcing industry (Application Development, Diversified BPO, IT Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Aquahive Technologies Private Limited with revenue of ₹1,000.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website letsbinge.com.
Company details
Contact details
Noroc Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is letsbinge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#9 – A Myrtle Lane Richmond Town, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Noroc Solutions 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
Noroc Solutions operates one associated brand: Let's Binge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile Wallets for bars and restaurants | letsbinge.com |
Financials of Noroc Solutions Private Limited
FY 2020 filings availableNoroc Solutions Private Limited reported revenue of ₹1,000 (up 39% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 62%. 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
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Financial Ratios
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To see the full financial statements and ratios of Noroc Solutions Private Limited, buy the company report.
Board of directors of Noroc Solutions Private Limited
Noroc Solutions 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 |
|---|---|---|---|---|
| Santosh Martin | Managing Director | 04 Aug 2014 | 12 Years 3 Months | Current |
| Ajay Joseph Also directs: Digiease Software Solutions Private Limited | Managing Director | 04 Aug 2014 | 12 Years 3 Months | Current |
Peer comparison
Noroc Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Application Development, Diversified BPO, IT Products Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Noroc Solutions Private Limitedthis company | ₹1,000 (FY 2020) | 39.0% | Bangalore, Karnataka, India | |||
| Aquahive Technologies Private Limited | ₹1,000 (FY 2021) | Udaipur, Rajasthan, India | ||||
| Rummyculture Technologies Private Limited | ₹1,000 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| Alelo Tech Private Limited | ₹1,000 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Four W Technologies Private Limited | ₹1,000 (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Agryuj India Private Limited | ₹1,000 (FY 2025) | -100.0% | Thane, Maharashtra, India | |||
| Ganak Technologies Private Limited | ₹1,000 (FY 2025) | -99.0% | Pune, Maharashtra, India | |||
| HPN Marketing Services Private Limited | ₹992 (FY 2021) | -100.0% | Bangalore, Karnataka, India | |||
| Shinobi Labs Private Limited | ₹991 (FY 2025) | -100.0% | Delhi, India | |||
| Emerging Planet India Private Limited | ₹985 (FY 2016) | -98.0% | Coimbatore, Tamil Nadu, India | |||
| Shackbit Software (OPC) Private Limited | ₹985 (FY 2025) | -100.0% | Panipat, Haryana, India |
To see the full peer comparison of Noroc Solutions Private Limited, buy the company report.
Auditor
Noroc Solutions Private Limited is audited by R C E & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R C E & CO | FY 2020 | 009141S |
Shareholding
The shareholding of Noroc Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Noroc Solutions Private Limited, buy the company report.
Deals & funding
Noroc Solutions Private Limited has 6 deals on record (4 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹1.78 Cr; the latest was in October 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Acquisition | Undisclosed | Buyer: Vmobo Inc. |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Divyastree Tarbus Builders Private Limited Seller: Divyasree Tarbus Builders Private Limited |
| May 2015 | Funding round | ₹25 Lakh | Investors: an individual |
| Apr 2015 | Funding round · Series C | ₹1 Cr | Investors: Divyasree Tarbus Builders Private Limited |
| Mar 2015 | Funding round · Series B | ₹7.2 Lakh | Investors: 3 individuals |
To see the full deal history of Noroc Solutions 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
No court or tribunal cases involving Noroc Solutions 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 Noroc Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Noroc Solutions 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 Noroc Solutions Private Limited, buy the company report.
Recent activity
Noroc Solutions Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Christopher Lopez ceased to be Director on 18 Mar 2016.
Frequently asked questions
Noroc Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 August 2014 (12+ years old) and is registered under CIN U72400KA2014PTC075638.
Noroc Solutions has 2 current directors:
- Santosh Martin - Managing Director
- Ajay Joseph - Managing Director
The latest financial statements of Noroc Solutions 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.
No. Noroc Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Noroc Solutions is U72400KA2014PTC075638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noroc Solutions was incorporated on 04 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Noroc Solutions has 6 deals on record (4 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹1.78 Cr; the latest was in October 2016.
The peers of Noroc Solutions by revenue are Aquahive Technologies Private Limited, Rummyculture Technologies Private Limited, Alelo Tech Private Limited, Four W Technologies Private Limited, Agryuj India Private Limited and 5 more, all in the Outsourcing industry (Application Development, Diversified BPO, IT Products Retail and Distribution).
Christopher Lopez ceased to be Director on 18 Mar 2016. Shankar Sukrutaraj ceased to be Whole-Time Director on 18 Dec 2014. Santosh Martin ceased to be Whole-Time Director on 01 Dec 2014. Noroc Solutions has 5 board changes on record in total.
Noroc Solutions can be reached through the website letsbinge.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Noroc Solutions is at #9 – A Myrtle Lane Richmond Town, Bangalore, Karnataka, India – 560025.
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