About Pickle IT Network Private Limited
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Pickle IT Network Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 09 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC142003. Its GSTIN is 29AALCP6443J1ZU (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhargav Sridhar and Ganapathi Raman Umajayanthi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.43 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 15.4%) and EBITDA of ₹4.57 Lakh (EBITDA margin 26.2%). Revenue has grown at a compounded annual rate (CAGR) of 211% over three years.
For more details, the company can be reached via its website pickleit.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#93 L I G Balaji Nilaya 707 C H S Near Govt School 4th Phase Yehlanka N, Ew Town, Bangalore, Karnataka, India – 560064
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Pickle IT Network Private Limited
The main business activity of Pickle IT Network is professional, scientific and technical. In detail, this covers specialized design & photographic activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M7 | Specialized Design & Photographic 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 Pickle IT Network Private Limited FY 2025 filings available
Pickle IT Network Private Limited reported revenue of ₹17.43 Lakh (up 194% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pickle IT Network Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 211% over three years, including 194% growth in the latest year. EBITDA rose 56% 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 Pickle IT Network 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 | ₹4.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.68 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 Pickle IT Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.4% | •••• | •••• | •••• | •••• |
| 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 Pickle IT Network 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 Pickle IT Network Private Limited
Pickle IT Network Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bee Birdie Lester Designs Private Limited | ₹17.79 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Navi Mumbai, Maharashtra, India |
| Saarthi Communication India Private Limited | ₹17.79 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Craafted Impex Private Limited | ₹17.75 Lakh (FY 2025) | •••• | •••• | 5864.0% | •••• | Bangalore, Karnataka, India |
| Cherrytin Online Private Limited | ₹17.64 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Chennai, Tamil Nadu, India |
| Digicart Retails Private Limited | ₹17.62 Lakh (FY 2025) | •••• | •••• | 134.0% | •••• | Ranchi, Jharkhand, India |
| Pickle IT Network Private Limited this company | ₹17.43 Lakh (FY 2025) | •••• | •••• | 194.0% | •••• | Bangalore, Karnataka, India |
| RKG Growing Deals Private Limited | ₹17.38 Lakh (FY 2020) | •••• | •••• | 33.0% | •••• | Gurgaon, Haryana, India |
| LMV Brands Private Limited | ₹17.27 Lakh (FY 2024) | •••• | •••• | 1565.0% | •••• | Bangalore, Karnataka, India |
| Koinbag Online Private Limited | ₹17.25 Lakh (FY 2019) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Bhartics E-Com Services Private Limited | ₹17.16 Lakh (FY 2021) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Mark Digital Marketting and E Commerce Private Limited | ₹17.04 Lakh (FY 2024) | •••• | •••• | -88.0% | •••• | Tiruppur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Pickle IT Network by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pickle IT Network Private Limited
Pickle IT Network Private Limited is audited by S R CHAKRAVARTHY & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R CHAKRAVARTHY & ASSOCIATES | 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 Pickle IT Network Private Limited
Pickle IT Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargav Sridhar | Director | 09 Dec 2020 | 5 Years 9 Months | Current |
| Ganapathi Raman Umajayanthi | Director | 09 Dec 2020 | 5 Years 9 Months | Current |
Ownership and Shareholding of Pickle IT Network 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 Pickle IT Network Private Limited
Pickle IT Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pickle IT Network Private Limited
Pickle IT Network Private Limited has a workforce of 0 employees as of Mar 20, 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 Pickle IT Network Private Limited
Pickle IT Network Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bhargav Sridhar was appointed as Director on 09 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Pickle IT Network 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 Pickle IT Network 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 Pickle IT Network 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 Pickle IT Network Private Limited
Pickle IT Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP6443J1ZU | Karnataka | Active | 23 Mar 2021 |
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 Pickle IT Network 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 Pickle IT Network Private Limited
Pickle IT Network is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 09 December 2020 (6+ years old) and is registered under CIN U72900KA2020PTC142003.
Pickle IT Network reported revenue of ₹17.43 Lakh for FY 2025 (up 194% YoY).
Pickle IT Network has 2 current directors:
- Bhargav Sridhar - Director
- Ganapathi Raman Umajayanthi - Director
Pickle IT Network reported a net profit of ₹2.68 Lakh (net margin 15.4%) and EBITDA of ₹4.57 Lakh (EBITDA margin 26.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pickle IT Network is 211% over three years. In the latest year (FY 2025) revenue rose 194%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pickle IT Network is 29AALCP6443J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Pickle IT Network is U72900KA2020PTC142003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pickle IT Network was incorporated on 09 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pickle IT Network by revenue are Bee Birdie Lester Designs Private Limited, Saarthi Communication India Private Limited, Craafted Impex Private Limited, Cherrytin Online Private Limited, Digicart Retails Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Bhargav Sridhar was appointed as Director on 09 Dec 2020. Ganapathi Raman Umajayanthi was appointed as Director on 09 Dec 2020.
Yes, Pickle IT Network is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).