About Orange Tree Technologies Private Limited
Data last updated:
Orange Tree Technologies Private Limited is a private limited company based in Gurgaon, Haryana, 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 software development and support services segment of the technology and IT services sector. It was incorporated on 26 November 2013.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2013PTC051062. Its GSTIN is 06AABCO9334M1Z3 (Haryana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.66 Lakh. It was formerly known as Orange Tree Realcap Private Limited. It is led by directors including Steven Allen Cornell and Ryan Richard Mertes.
Its last annual general meeting (AGM) was held on 06 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 111 Sushant Lok – II, Gurgaon, Haryana, India – 122009.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.55 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -25.6%) and EBITDA of -₹1.09 Cr (EBITDA margin -24%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 62% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mr. Milkman. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.1 Cr; the latest was in October 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is milkmanapps.com.
Company details
CIN history
Orange Tree Technologies has one previous CIN (Corporate Identification Number): U70102HR2013PTC051062. The current CIN is U72900HR2013PTC051062, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900HR2013PTC051062 | Current |
| U70102HR2013PTC051062 | Previous |
Contact details
Orange Tree Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is milkmanapps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 111 Sushant Lok – II, Gurgaon, Haryana, India – 122009
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Orange Tree 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
Orange Tree Technologies operates one associated brand: Mr. Milkman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based subscription and delivery management for dairy farms is provided. | milkmanapps.com |
Business activity
The main business activity of Orange Tree 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 Orange Tree Technologies Private Limited, buy the company report.
Financials of Orange Tree Technologies Private Limited
FY 2024 filings availableOrange Tree Technologies Private Limited reported revenue of ₹4.55 Cr (up 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 85% growth in the latest year. EBITDA rose 71% 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 | FY 2019-20 |
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| EBITDA | -₹1.09 Cr | ||||
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| Net Profit (PAT) | -₹1.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24% | ||||
| Net Profit Margin | -25.6% | ||||
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To see the full financial statements and ratios of Orange Tree Technologies Private Limited, buy the company report.
Board of directors of Orange Tree Technologies Private Limited
Orange Tree Technologies has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Steven Allen Cornell | Director | 25 Apr 2022 | 4 Years 6 Months | As last reported |
| Ryan Richard Mertes | Director | 26 Apr 2022 | 4 Years 6 Months | As last reported |
| Kashi Viswanathan Sivaraman Also directs: AAA Insolvency Professionals LLP | Irp/Rp/Liquidator | 10 Jan 2025 | 1 Years 10 Months | As last reported |
| Sumit Jain | Director | 01 Apr 2023 | 3 Years 7 Months | As last reported |
Auditor
Orange Tree Technologies Private Limited is audited by SUNITA MAHESHWARI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNITA MAHESHWARI & CO. | FY 2022 | 022169N |
Shareholding
The shareholding of Orange Tree Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orange Tree Technologies Private Limited, buy the company report.
Deals & funding
Orange Tree Technologies Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.1 Cr; the latest was in October 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Rights issue | ₹1.19 Cr | Investors: Dairy LLC |
| Apr 2022 | Rights issue | ₹1.51 Cr | Investors: Dairy LLC |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Momentx Corporation, Dairy LLC Seller: 4 individuals |
| Oct 2017 | Funding round | ₹1.1 Cr | Investors: 3 individuals |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
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 Orange Tree Technologies 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
Orange Tree Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Convexicon Software Solutions India Private Limited |
To see the full MSME payment records of Orange Tree Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Orange Tree Technologies Private Limited has a workforce of 15 employees on its EPFO records as of Jan 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 15 |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Orange Tree Technologies Private Limited, buy the company report.
GST
Orange Tree Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCO9334M1Z3 | Haryana | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Orange Tree Technologies Private Limited, buy the company report.
Recent activity
Orange Tree Technologies Private Limited has 14 board changes on record since 2015: 4 appointments and 10 cessations. The latest: Kashi Viswanathan Sivaraman was appointed as Irp/Rp/Liquidator on 10 Jan 2025.
5 earlier events are in the company report.
News
Frequently asked questions
Orange Tree Technologies 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.
Orange Tree Technologies is a company under liquidation, formerly operating as a private limited company based in Gurgaon, Haryana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 November 2013 and is registered under CIN U72900HR2013PTC051062. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Orange Tree Technologies has 4 current directors:
- Steven Allen Cornell - Director
- Ryan Richard Mertes - Director
- Sumit Jain - Director
- Kashi Viswanathan Sivaraman - Irp/Rp/Liquidator
The latest financial statements of Orange Tree Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 06 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Orange Tree Technologies is U72900HR2013PTC051062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orange Tree Technologies was incorporated on 26 November 2013. It is registered with the Registrar of Companies, Delhi.
Orange Tree Technologies has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1.1 Cr; the latest was in October 2022.
Kashi Viswanathan Sivaraman was appointed as Irp/Rp/Liquidator on 10 Jan 2025. Sumit Jain ceased to be Additional Director on 29 Sep 2023. Sumit Jain was appointed as Director on 01 Apr 2023. Orange Tree Technologies has 14 board changes on record in total.
Orange Tree Technologies has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Orange Tree Technologies can be reached through the website milkmanapps.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Orange Tree Technologies is at D – 111 Sushant Lok – II, Gurgaon, Haryana, India – 122009.
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