MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0153801
One Sigma Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹149.76 Cr
▲ 48% YoY
Net loss · FY 2024
₹266.26 Cr
Net margin -177.8%
EBITDA · FY 2024
-₹212.08 Cr
EBITDA margin -141.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹12.32 Lakh
Issued & subscribed
Open charges
₹309.24 Cr
Satisfied ₹120 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
350
Provident fund records
About One Sigma Technologies Private Limited
Data last updated:
One Sigma Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Simple Inc.. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 29 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC142722. Its GSTIN is 29AADCO3548D1ZG (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹12.32 Lakh. It is led by directors Nitin Parakh and Nityanand Sharma.
Its last annual general meeting (AGM) was held on 04 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 701 – 717 7th Floor Tower B Diamond District Hal Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹149.76 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹266.26 Cr (net margin -177.8%) and EBITDA of -₹212.08 Cr (EBITDA margin -141.6%). Revenue has grown at a compounded annual rate (CAGR) of 331% over three years.
The company has about 350 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Simpl. As per MCA filings, the company has open charges of ₹309.24 Cr and satisfied charges of ₹120 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending. The company has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹185.64 Cr; the latest was in March 2024. The company has 9 MSME Form 1 returns on record between 2022 and 2024, listing 146 overdue payments to 44 micro and small suppliers.
One Sigma Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0153801). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 1sigma.in.
Company details
CIN U72900KA2020PTC142722
Registration Number 142722
Incorporation Date 29 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 November 2024
Date of Balance Sheet 31 March 2024
Parent Company Simple Inc.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0153801
Key People
Nitin Parakh Director Nityanand Sharma Director Recognitions & Rankings of One Sigma Technologies
Contact details
One Sigma Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is 1sigma.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address701 – 717 7th Floor Tower B Diamond District Hal Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryInternet, Online Financial Services
To see the full contact details of One Sigma Technologies Private Limited, buy the company report.
Comprehensive company report
One Sigma Technologies 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
One Sigma Technologies operates one associated brand: Simpl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for purchase financing is provided by Simpl. | getsimpl.com |
Business activity
The main business activity of One Sigma 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 One Sigma Technologies Private Limited, buy the company report.
Financials of One Sigma Technologies Private Limited
FY 2024 filings availableOne Sigma Technologies Private Limited reported revenue of ₹149.76 Cr (up 48% YoY) for FY 2024.
Revenue · FY 2024
₹149.76 Cr ▲ 48%
Net loss · FY 2024
₹266.26 Cr margin -177.8%
EBITDA · FY 2024
-₹212.08 Cr margin -141.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 331%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▼ 224%
Revenue has grown at a compounded annual rate (CAGR) of 331% over three years, including 48% growth in the latest year. EBITDA rose 40% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹212.08 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹266.26 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -141.6% | |||
| Net Profit Margin | -177.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of One Sigma Technologies Private Limited, buy the company report.
Board of directors of One Sigma Technologies Private Limited
One Sigma Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Parakh Also directs: Bil Sigma Technologies Private Limited, One Sigma Informatics Private Limited, Xeropay Technologies Private Limited and 1 more | Director | 15 Jan 2021 | 5 Years 9 Months | Current |
| Nityanand Sharma Also directs: Bil Sigma Technologies Private Limited, One Sigma Informatics Private Limited, Xeropay Technologies Private Limited and 2 more | Director | 15 Jan 2021 | 5 Years 9 Months | Current |
Auditor
One Sigma Technologies Private Limited is audited by PRADIP&POONAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP&POONAM | FY 2023 | 009720S |
Shareholding
The shareholding of One Sigma Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of One Sigma Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹309.24 Cr
Satisfied charges
₹120 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2023 | 100764645 | Others | ₹309.24 Cr | Open | |
| 03 Aug 2022 | 100626826 | Hdfc Bank Limited | ₹120 Cr | Satisfied |
To see the full charge records of One Sigma Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
One Sigma Technologies Private Limited has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹185.64 Cr; the latest was in March 2024.
Total deals
6
Rights issues
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹185.64 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹33.25 Cr | Investors: Simpl Inc. |
| Jul 2022 | Rights issue | ₹515.31 Cr | Investors: Simpl Inc. |
| Apr 2022 | Funding round | ₹185.64 Cr | Investors: Simpl Inc. |
| Apr 2022 | Rights issue | ₹100.3 Cr | Investors: Simpl Inc. |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Simpl Inc. Seller: an individual |
To see the full deal history of One Sigma Technologies 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
One Sigma Technologies Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed against the company
4
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of One Sigma 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
One Sigma Technologies Private Limited has 9 MSME Form 1 returns on record between 2022 and 2024, listing 146 overdue payments to 44 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Juspay Technologies Private Limited | |||
| Le Travenues Technology Limited | |||
| an individual supplier | |||
| Tylt Technologies Private Limited | |||
| D.R. G.Security Services Private Limited |
To see the full MSME payment records of One Sigma Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
One Sigma Technologies Private Limited has a workforce of 350 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
350
Active EPFO establishments
1
Employee growth
-29.01%
GST
One Sigma Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO3548D1ZG | Karnataka | Active | 13 Jan 2021 |
To see the full GST registrations and return filing status of One Sigma Technologies Private Limited, buy the company report.
Recent activity
One Sigma Technologies Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Shrinjay Mewar ceased to be Director on 21 Jan 2021.
AGM
One Sigma Technologies Private Limited last Annual general meeting of members was held on 04 Nov 2024 as per latest MCA records.
Filing
One Sigma Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others of Rs. 309.24 Cr registered on 03 Jul 2023 with Charge ID 100764645 was modified on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 309.24 Cr with Charge ID 100764645 was registered on 03 Jul 2023.
Charges
A charge registered on 03 Aug 2022 via Charge ID 100626826 with Hdfc Bank Limited was fully satisfied on 20 May 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 120.00 Cr registered on 03 Aug 2022 with Charge ID 100626826 was modified on 05 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 120.00 Cr with Charge ID 100626826 was registered on 03 Aug 2022.
Ceased
Shrinjay Mewar ceased to be Director.
Ceased
Ujjwal Agarwal ceased to be Director.
Appointed
Nitin Parakh was appointed as Director.
Appointed
Nityanand Sharma was appointed as Director.
Appointed
Shrinjay Mewar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
One Sigma Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 29 December 2020 (6+ years old) and is registered under CIN U72900KA2020PTC142722.
One Sigma Technologies has 2 current directors:
- Nitin Parakh - Director
- Nityanand Sharma - Director
The latest financial statements of One Sigma Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 04 November 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of One Sigma Technologies is 29AADCO3548D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of One Sigma Technologies is U72900KA2020PTC142722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
One Sigma Technologies has 4 court cases on record: 4 filed against it. 3 are pending.
One Sigma Technologies was incorporated on 29 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
One Sigma Technologies has 6 deals on record (3 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹185.64 Cr; the latest was in March 2024.
Shrinjay Mewar ceased to be Director on 21 Jan 2021. Ujjwal Agarwal ceased to be Director on 21 Jan 2021. Nitin Parakh was appointed as Director on 15 Jan 2021. One Sigma Technologies has 6 board changes on record in total.
Yes, One Sigma Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0153801).
One Sigma Technologies has 9 MSME Form 1 returns on record between 2022 and 2024, listing 146 overdue payments to 44 micro and small suppliers. The latest return was filed on 06 May 2024.