About Open Appliances Private Limited
Data last updated:
Open Appliances Private Limited is a private limited company based in Bengaluru, Karnataka, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the security products segment of the manufacturing sector. It was incorporated on 30 November 2015.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC084422. Its GSTIN is 29AAGCC6415N1Z8 (Karnataka).
The company has an authorised share capital of ₹8.12 Cr and a paid-up capital of ₹98.85 Lakh. It was formerly known as Open Apliances Private Limited and Cosmicuno Internet Private Limited. It is led by directors Gotama Gowda Gowda Nanjunde and Ayesha Husna.
Its last annual general meeting (AGM) was held on 16 August 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.1 Shri Chakra 3rd Floor 18th Main 3rd Sector Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.76 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹3.37 Cr (net margin -122.3%) and EBITDA of -₹3.07 Cr (EBITDA margin -111.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Openapp. As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹10 Lakh on record. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹22.01 Cr; the latest was in June 2020.
The last known website on record is openapp.com.
Company details
Name history
Open Appliances has undergone 4 name changes throughout its history. The current legal name is Open Appliances Private Limited.
| Company Name | Status |
|---|---|
| Open Appliances Private Limited | Current |
| Open Apliances Private Limited | Previous |
| Cosmicuno Internet Private Limited | Previous |
| Open-App Technologies Private Limited | Previous |
| Open App Technologies Private Limited | Previous |
Contact details
Open Appliances Private Limited's registered office is in Bengaluru, Karnataka. Its website is openapp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo.1 Shri Chakra 3rd Floor 18th Main 3rd Sector Hsr Layout, Bengaluru, Karnataka, India – 560102
- IndustryManufacturing, Security Products
To see the full contact details of Open Appliances 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
Open Appliances operates one associated brand: Openapp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart locks and fingerprint-based security systems are manufactured. | openapp.com |
Business activity
The main business activities of Open Appliances are manufacturing and information and communication. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and publishing of computer operating systems, system software, application software, games, etc.. 2 activity segments are registered with the MCA.
| 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 | |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Open Appliances Private Limited, buy the company report.
Financials of Open Appliances Private Limited
FY 2021 filings availableOpen Appliances Private Limited reported revenue of ₹2.76 Cr (up 81% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 81% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA fell 7% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.37 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -111.2% | ||||
| Net Profit Margin | -122.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Open Appliances Private Limited, buy the company report.
Board of directors of Open Appliances Private Limited
Open Appliances has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayesha Husna | Additional Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Gotama Gowda Gowda Nanjunde Also directs: Nmtiy Media Tech Private Limited, Vivavilla Retail Private Limited | Director | 20 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Open Appliances Private Limited is audited by S B U & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B U & CO | FY 2020 | 147522W |
Shareholding
The shareholding of Open Appliances Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Open Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2019 | 100291784 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Open Appliances Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Open Appliances Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹22.01 Cr; the latest was in June 2020.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Funding round · Seed | ₹3.5 Cr | Investors: Mudhal Partners, Axilor, Pratithi Investments |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Open Appliances 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 Open Appliances 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 Open Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Open Appliances Private Limited has a workforce of 23 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Open Appliances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC6415N1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Open Appliances Private Limited, buy the company report.
Recent activity
Open Appliances Private Limited has 13 board changes on record since 2016: 2 appointments and 11 cessations. The latest: Ani Abraham Joy ceased to be Additional Director on 01 Nov 2022.
6 earlier events are in the company report.
News
Frequently asked questions
Open Appliances is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Open Appliances is a company pending strike off, currently registered as a private limited company based in Bengaluru, Karnataka, India. The company works in security products, within the manufacturing industry. It was incorporated on 30 November 2015 and is registered under CIN U72200KA2015PTC084422. The company may be struck off soon - caution is advised.
The compliance status of Open Appliances is compliant as of 20 August 2026.
Open Appliances has 2 current directors:
- Ayesha Husna - Additional Director
- Gotama Gowda Gowda Nanjunde - Director
The CIN (Corporate Identification Number) of Open Appliances is U72200KA2015PTC084422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Open Appliances was incorporated on 30 November 2015. It is registered with the Registrar of Companies, Bangalore.
Open Appliances can be reached through the website openapp.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Open Appliances is at No.1 Shri Chakra 3rd Floor 18th Main 3rd Sector Hsr Layout, Bengaluru, Karnataka, India – 560102.
The latest financial statements of Open Appliances on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 16 August 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Open Appliances is 29AAGCC6415N1Z8, registered in Karnataka.