Pickright Technologies Private Limited

Pickright Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U62011KA2019PTC126326 Incorporated 18 July 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet DPIIT Startup
Data last updated
Revenue · FY 2025
₹2.67 Cr
▲ 36% YoY
Net loss · FY 2025
₹4.27 Cr
Net margin -159.8%
EBITDA · FY 2025
-₹3.41 Cr
EBITDA margin -127.4%
Authorised capital
₹82.61 Lakh
Registered with MCA
Paid-up capital
₹51.84 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered

About Pickright Technologies Private Limited

Data last updated:

Pickright Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Nuvama Wealth Management Limited and recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62011KA2019PTC126326. Its GSTIN is 29AAKCP6710F1ZA (Karnataka).

The company has an authorised share capital of ₹82.61 Lakh and a paid-up capital of ₹51.84 Lakh. It is led by directors including Namandeep Bhatia (Whole-Time Director) and Archana Elapavuluri (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 August 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 ₹2.67 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹4.27 Cr (net margin -159.8%) and EBITDA of -₹3.41 Cr (EBITDA margin -127.4%). Revenue has grown at a compounded annual rate (CAGR) of 291% over three years and 542% over five years.

The company is associated with 1 brand: Pickright. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹3.05 Cr; the latest was in April 2023. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 2 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pickright.in.

Company details

CIN U62011KA2019PTC126326
Registration Number 126326
Incorporation Date 18 July 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Nuvama Wealth Management Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

CIN history

Pickright Technologies has one previous CIN (Corporate Identification Number): U72200KA2019PTC126326. The current CIN is U62011KA2019PTC126326, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U62011KA2019PTC126326Current
U72200KA2019PTC126326Previous
Key People
Namandeep Bhatia Whole-Time Director Archana Elapavuluri Whole-Time Director Ashish Kehair Nominee Director

Recognitions & Rankings of Pickright Technologies

DPIIT recognised startup Government of India
Startup India

Contact details

Pickright Technologies Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Apps
  • Registered Address
    Plot No 118 First Floor, Epip 1st Phase White Field Krishnarajpuram, Bangalore, Karnataka, India – 560066
  • Industry
    Internet, Online Financial Services
Comprehensive company report
Pickright Technologies Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Brands

Pickright Technologies operates one associated brand: Pickright. Each brand links to its own profile.

BrandDescriptionWebsite
Pickright
Trading signals and recommendations are provided for stock market investors.pickright.in

Business activity

The main business activity of Pickright Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Pickright Technologies Private Limited, buy the company report.

Financials of Pickright Technologies Private Limited

FY 2025 filings available

Pickright Technologies Private Limited reported revenue of ₹2.67 Cr (up 36% YoY) for FY 2025.

Revenue · FY 2025
₹2.67 Cr ▲ 36%
Net loss · FY 2025
₹4.27 Cr margin -159.8%
EBITDA · FY 2025
-₹3.41 Cr margin -127.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 291%
5 years · compounded
▲ 542%
EBITDA CAGR growth
1 year
▼ 160%
3 years · compounded
▼ 60%
5 years · compounded
▼ 48%

Revenue has grown at a compounded annual rate (CAGR) of 542% over five years, including 36% growth in the latest year. EBITDA fell 160% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹3.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.27 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-127.4%
Net Profit Margin-159.8%
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 Pickright Technologies Private Limited, buy the company report.

Board of directors of Pickright Technologies Private Limited

Pickright Technologies has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Kehair
Also directs: Nuvama Wealth and Investment Limited, Svastha Consulting LLP, Nuvama Wealth Management Limited and 1 more
Nominee Director09 Mar 20233 Years 8 MonthsCurrent
Namandeep Bhatia
Also directs: Octrax Global Private Limited, Fidus Technologies Private Limited
Whole-Time Director18 Jul 20197 Years 3 MonthsCurrent
Rahul Jain
Also directs: Nuvama Wealth and Investment Limited, Jack Real Estate Advisors Private Limited
Nominee Director09 Mar 20233 Years 8 MonthsCurrent
Riyaz Noshir Marfatia
Also directs: Gulnar Advisors LLP, Kart Family Advisors LLP, Nuvama Clearing Services Limited and 2 more
Nominee Director25 Apr 20242 Years 6 MonthsCurrent
Harsh JhaNominee Director30 Jan 20242 Years 9 MonthsCurrent
Archana Elapavuluri
Also directs: Fidus Technologies Private Limited, Rhochain Technologies LLP, Amodh Tech Private Limited
Whole-Time Director18 Jul 20197 Years 3 MonthsCurrent
View all directors

Deals & funding

Pickright Technologies Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹3.05 Cr; the latest was in April 2023.

Total deals
5
Funding rounds
3
Rights issue
1
Acquisition
1
Disclosed funding
₹3.05 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Apr 2023Acquisition₹17.5 CrBuyer: Nuvama Wealth Management Limited
May 2021Funding round · Seed₹1.79 CrInvestors: Keynote Capitals Limited , 3 individuals
Nov 2019Rights issue₹13 LakhInvestors: 2 individuals

To see the full deal history of Pickright Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Pickright Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 2 micro and small suppliers. 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Paal Financial Services
Signzy Technologies Private Limited

To see the full MSME payment records of Pickright Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Pickright Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAKCP6710F1ZAKarnatakaActive24 Dec 2019

To see the full GST registrations and return filing status of Pickright Technologies Private Limited, buy the company report.

Recent activity

Pickright Technologies Private Limited has 15 board changes on record since 2019: 6 appointments and 9 cessations. The latest: Harsh Jha ceased to be Additional Director on 01 Aug 2024.

AGM
Pickright Technologies Private Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Filing
Pickright Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Harsh Jha ceased to be Additional Director.
Ceased
Riyaz Noshir Marfatia ceased to be Additional Director.
Appointed
Riyaz Noshir Marfatia was appointed as Nominee Director.
Appointed
Harsh Jha was appointed as Nominee Director.
Ceased
Archana Elapavuluri ceased to be Director.
Ceased
Namandeep Bhatia ceased to be Director.
Ceased
Ashis Kumar Sarangi ceased to be Additional Director.
Ceased
Ashish Kehair ceased to be Additional Director.
Ceased
Prashant Shashikant Mody ceased to be Additional Director.
Ceased
Rahul Jain ceased to be Additional Director.

6 earlier events are in the company report.

News

Frequently asked questions

Pickright Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 18 July 2019 (7+ years old) and is registered under CIN U62011KA2019PTC126326.

Pickright Technologies has 6 current directors:

The latest financial statements of Pickright Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Pickright Technologies is 29AAKCP6710F1ZA, registered in Karnataka.

The CIN (Corporate Identification Number) of Pickright Technologies is U62011KA2019PTC126326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pickright Technologies was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Pickright Technologies has 5 deals on record (3 funding rounds, 1 rights issue, 1 acquisition), with disclosed funding of ₹3.05 Cr; the latest was in April 2023.

Harsh Jha ceased to be Additional Director on 01 Aug 2024. Riyaz Noshir Marfatia ceased to be Additional Director on 01 Aug 2024. Riyaz Noshir Marfatia was appointed as Nominee Director on 25 Apr 2024. Pickright Technologies has 15 board changes on record in total.

Yes, Pickright Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Pickright Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 Oct 2023.

Pickright Technologies can be reached through the website pickright.in. Its registered office is in Bangalore, Karnataka, India.