About Palmnote Technologies Private Limited
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Palmnote Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 27 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2020PTC133935. Its GSTIN is 29AALCP1296K1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Palmnote Tecnologies Private Limited. It is led by directors including Abin Valiyaparampil Paul and Tibin Valiaparampil Paul.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #677 1st Floor 27th Main 13th Cross Hsr Layout 1 Sector, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.59 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹91.09 Lakh (net margin 25.4%) and EBITDA of ₹1.53 Cr (EBITDA margin 42.7%).
The company is associated with 1 brand: Palmnote.
For more details, the company can be reached via its website palmnote.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered Address#677 1st Floor 27th Main 13th Cross Hsr Layout 1 Sector, Bangalore, Karnataka, India – 560102
- IndustryInternet, Online Service Marketplaces
- 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
- One PDF report, delivered after checkout
Business Activity of Palmnote Technologies Private Limited
The main business activity of Palmnote Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Palmnote Technologies Private Limited FY 2025 filings available
Palmnote Technologies Private Limited reported revenue of ₹3.59 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Palmnote Technologies Private Limited
Revenue rose 24% in the latest year. EBITDA rose 29% 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 of Palmnote Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹91.09 Lakh | •••• | •••• | •••• | •••• |
| 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 of Palmnote Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 25.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Palmnote Technologies are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Palmnote Technologies Private Limited
Palmnote Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flyworld's Overseas Education Services Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Gayatri Education Medical and Research Foundation Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| My Rank Education Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Karnataka Classic Education Private Limited | •••• | •••• | •••• | •••• | 47 | Dharwad, Karnataka, India |
| Momentum Education Private Limited | •••• | •••• | •••• | •••• | - | Gorakhpur, Uttar Pradesh, India |
| Palmnote Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Humble Bee Education Foundation | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Srihari Health and Education Foundation | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sanako Education India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Klib Technologies Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Els International Education Pathways Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
Peers are the five companies nearest above and the five nearest below Palmnote Technologies by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Palmnote Technologies Private Limited
Palmnote Technologies Private Limited is audited by RAKCHAMPS&CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKCHAMPS&CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Palmnote Technologies Private Limited
Palmnote Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abin Valiyaparampil Paul Also directs: Kodelint Innovations Private Limited | Director | 27 Apr 2020 | 6 Years 5 Months | Current |
| Tibin Valiaparampil Paul | Director | 27 Apr 2020 | 6 Years 5 Months | Current |
| Ramachandran Athira Also directs: Kodelint Innovations Private Limited | Additional Director | 05 Jan 2024 | 2 Years 9 Months | Current |
Ownership and Shareholding of Palmnote Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Palmnote Technologies Private Limited
Palmnote Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Palmnote Technologies Private Limited
Palmnote Technologies operates one associated brand: Palmnote. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Secure platform for educational communication, engagement, and organization in schools and online. | palmnote.com |
Employees and EPFO Compliance at Palmnote Technologies Private Limited
Palmnote Technologies Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Palmnote Technologies Private Limited
Palmnote Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Ramachandran Athira was appointed as Additional Director on 05 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Palmnote Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palmnote Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palmnote Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Palmnote Technologies Private Limited
Palmnote Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP1296K1ZR | Karnataka | Active | 05 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palmnote Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Palmnote Technologies Private Limited
Palmnote Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 27 April 2020 (6+ years old) and is registered under CIN U74140KA2020PTC133935.
Palmnote Technologies reported revenue of ₹3.59 Cr for FY 2025 (up 24% YoY).
Palmnote Technologies has 3 current directors:
- Abin Valiyaparampil Paul - Director
- Tibin Valiaparampil Paul - Director
- Ramachandran Athira - Additional Director
Palmnote Technologies reported a net profit of ₹91.09 Lakh (net margin 25.4%) and EBITDA of ₹1.53 Cr (EBITDA margin 42.7%) for FY 2025, as per its filed financial statements.
The GSTIN of Palmnote Technologies is 29AALCP1296K1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Palmnote Technologies is U74140KA2020PTC133935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palmnote Technologies was incorporated on 27 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Palmnote Technologies by revenue are Flyworld's Overseas Education Services Private Limited, Gayatri Education Medical and Research Foundation Private Limited, My Rank Education Private Limited, Karnataka Classic Education Private Limited, Momentum Education Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).
Ramachandran Athira was appointed as Additional Director on 05 Jan 2024. Abin Valiyaparampil Paul was appointed as Director on 27 Apr 2020. Tibin Valiaparampil Paul was appointed as Director on 27 Apr 2020.
Yes, Palmnote Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Palmnote Technologies can be reached through the website palmnote.com. Its registered office is in Bangalore, Karnataka, India.