About Pickme E-Solutions India Private Limited
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Pickme E-Solutions India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 16 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2012PTC228275. Its GSTIN is 27AAGCP5587N2ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12.5 Lakh and a paid-up capital of ₹9.13 Lakh. It is led by directors including Wilbret Durairaj and Nisha Rajesh Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.19 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹18.59 Lakh (net margin -63.7%) and EBITDA of -₹7.61 Lakh (EBITDA margin -26.1%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 45% over five years.
The company is associated with 2 brands: SSP Advantage and PickMe eSolutions India. As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 10 cases involving the company, including 10 filed against it; 4 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹9.52 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pickmeindia.com.
Company details
Contact details
Pickme E-Solutions India Private Limited's registered office is in Thane, Maharashtra. Its website is pickmeindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address201 Aadhar Shilla Sno.102/3Pt Mahajanwad Penkarpada Mira Road E Nr Laxmi Palace Hotel Nr Ra, Ju Ind Est, Thane, Maharashtra, India – 401107
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Pickme E-Solutions India 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
Pickme E-Solutions India operates two associated brands: SSP Advantage and PickMe eSolutions India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smartphone after-sales repair, insurance, and warranty services are provided. | sspadvantage.com | |
| Services for retailers are provided by PickMe eSolutions India. | pickmeindia.com |
Business activity
The main business activity of Pickme E-Solutions India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Pickme E-Solutions India Private Limited, buy the company report.
Financials of Pickme E-Solutions India Private Limited
FY 2021 filings availablePickme E-Solutions India Private Limited reported revenue of ₹29.19 Lakh (down 49% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 49% fall in the latest year. EBITDA fell 161% 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 |
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| EBITDA | -₹7.61 Lakh | ||||
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| Net Profit (PAT) | -₹18.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -26.1% | ||||
| Net Profit Margin | -63.7% | ||||
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To see the full financial statements and ratios of Pickme E-Solutions India Private Limited, buy the company report.
Board of directors of Pickme E-Solutions India Private Limited
Pickme E-Solutions India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Rajesh Shah Also directs: KN Distributors & Job Placements Private Limited | Additional Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Bal Govind Shukla | Additional Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Wilbret Durairaj | Director | 09 Nov 2012 | 13 Years 11 Months | Current |
Auditor
Pickme E-Solutions India Private Limited is audited by M S K A & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2017 | 105047W |
Shareholding
The shareholding of Pickme E-Solutions India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pickme E-Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2014 | 10502755 | Dena Bank | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Pickme E-Solutions India Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹9.52 Cr; the latest was in March 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kalpavriksha Ventures LLP , an individual |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: Kalpavriksha Ventures LLP Seller: 2 individuals |
| Jun 2015 | Funding round | ₹1.8 Cr | Investors: Kalpavriksha Ventures LLP , Asiatic Oxygen Ltd , Acsys Investments, an individual |
| Mar 2014 | Funding round | ₹85.3 Lakh | Investors: Kalpavriksha Ventures LLP , Acsys Investments, 2 individuals |
| Aug 2013 | Funding round | ₹85.9 Lakh | Investors: Kalpavriksha Ventures LLP , Acsys Investments, 2 individuals |
To see the full deal history of Pickme E-Solutions India 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
Pickme E-Solutions India Private Limited has 10 court cases on record: 10 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 4 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by M/S. Aarav Software Services Pvt. Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Channelplay Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by Channelplay Ltd | Disposed |
| District court, Latur, Maharashtra | Civil suit | Filed against the company by Shripal Castle Distributor Pvt. Ltd Through Its Director | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Ms Aarav Enterprises | Pending |
To see the full case history of Pickme E-Solutions India 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
No delayed payments to MSME suppliers are on our record for Pickme E-Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pickme E-Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP5587N2ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pickme E-Solutions India Private Limited, buy the company report.
Recent activity
Pickme E-Solutions India Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Rajesh Yashwant Vishwakarma ceased to be Additional Director on 18 Sep 2020.
5 earlier events are in the company report.
Frequently asked questions
Pickme E-Solutions India is an active private limited company based in Thane, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 16 March 2012 (14+ years old) and is registered under CIN U27310MH2012PTC228275.
Pickme E-Solutions India has 3 current directors:
- Nisha Rajesh Shah - Additional Director
- Bal Govind Shukla - Additional Director
- Wilbret Durairaj - Director
The latest financial statements of Pickme E-Solutions India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Pickme E-Solutions India is 27AAGCP5587N2ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pickme E-Solutions India is U27310MH2012PTC228275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pickme E-Solutions India has 10 court cases on record: 10 filed against it. 4 are pending.
Pickme E-Solutions India was incorporated on 16 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Pickme E-Solutions India has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹9.52 Cr; the latest was in March 2021.
Rajesh Yashwant Vishwakarma ceased to be Additional Director on 18 Sep 2020. Sunil Venkitaraman ceased to be Additional Director on 18 Sep 2020. Bal Govind Shukla was appointed as Additional Director on 24 Jul 2020. Pickme E-Solutions India has 13 board changes on record in total.
Pickme E-Solutions India can be reached through the website pickmeindia.com. Its registered office is in Thane, Maharashtra, India.
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