Startup India Government of India
Pietech Solution Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2018
₹35.74 Lakh
Latest filing
Net loss · FY 2018
₹17.11 Lakh
Net margin -47.9%
EBITDA · FY 2018
-₹15.3 Lakh
EBITDA margin -42.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
13
Provident fund records
Directors on board
2
As per MCA filings
About Pietech Solution Private Limited
Data last updated:
Pietech Solution Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 04 January 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC099006.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Navin Sharma Kumar and Ujjwal Bhardwaj.
Its last annual general meeting (AGM) was held on 31 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at #1318 5th Floor Jp Nagar Phase – 2, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2018, the company reported a revenue of ₹35.74 Lakh. For the same year it recorded a net loss of ₹17.11 Lakh (net margin -47.9%) and EBITDA of -₹15.3 Lakh (EBITDA margin -42.8%).
The company had about 13 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 2 brands: Get Widget and Ionic Firebase.
The last known website on record is ionicfirebaseapp.com.
Company Details of Pietech Solution Private Limited
CIN U72900KA2017PTC099006
Registration Number 099006
Incorporation Date 04 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 December 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Pietech Solution
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Apps
- Registered Address#1318 5th Floor Jp Nagar Phase – 2, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Other Computer Related Activities
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Associated Brands with Pietech Solution Private Limited
Pietech Solution operates two associated brands: Get Widget and Ionic Firebase. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive open-source library solutions for web applications. | getwidget.dev | |
| Provides mobile app development, readymade apps, and custom services for businesses. | ionicfirebaseapp.com |
Business Activity of Pietech Solution Private Limited
The main business activity of Pietech Solution is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Pietech Solution Private Limited FY 2018 filings available
Pietech Solution Private Limited reported revenue of ₹35.74 Lakh for FY 2018.
Revenue · FY 2018
₹35.74 Lakh
Net loss · FY 2018
₹17.11 Lakh margin -47.9%
EBITDA · FY 2018
-₹15.3 Lakh margin -42.8%
Financial Statement Summary of Pietech Solution Private Limited
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| 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 | -₹15.3 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹17.11 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 Pietech Solution Private Limited
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -42.8% | •••• |
| Net Profit Margin | -47.9% | •••• |
| 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 Pietech Solution are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
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Verified entity values are shown only after access is granted.
Board of Directors of Pietech Solution Private Limited
Pietech Solution has 2 directors on record. No former directors are listed.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Sharma Kumar Also directs: Waveletapp Private Limited | Director | 04 Jan 2017 | 9 Years 9 Months | As last reported |
| Ujjwal Bhardwaj | Director | 04 Jan 2017 | 9 Years 9 Months | As last reported |
Peer Comparison of Pietech Solution Private Limited
Pietech Solution Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BNR IT Services Private Limited | ₹35.92 Lakh (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| E-Raa Solutions Private Limited | ₹35.92 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Pune, Maharashtra, India |
| Isuccess Information and Technologies Private Limited | ₹35.9 Lakh (FY 2017) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Novisys Software Services Private Limited | ₹35.79 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Hyderabad, Telangana, India |
| Cojag Smart Technology Private Limited | ₹35.75 Lakh (FY 2024) | •••• | •••• | 103.0% | •••• | Nagpur, Maharashtra, India |
| Pietech Solution Private Limited this company | ₹35.74 Lakh (FY 2018) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Visisht Infosolutions Private Limited | ₹35.74 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Secunderabad, Telangana, India |
| Hyit Knowledge Systems Private Limited | ₹35.61 Lakh (FY 2025) | •••• | •••• | 472.0% | •••• | Hyderabad, Telangana, India |
| Focus Infosoft Private Limited | ₹35.59 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| 24/7 Networks Private Limited | ₹35.54 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Bangalore, Karnataka, India |
| Ypsilon IT Solutions Private Limited | ₹35.53 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Pietech Solution by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Pietech Solution Private Limited
Pietech Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pietech Solution Private Limited
Employment history and EPFO contributions of people linked to Pietech Solution.
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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 Pietech Solution Private Limited
Pietech Solution Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Navin Sharma Kumar was appointed as Director on 04 Jan 2017.
AGM
Pietech Solution Private Limited last Annual general meeting of members was held on 31 Dec 2018 as per latest MCA records.
Filing
Pietech Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Appointed
Navin Sharma Kumar was appointed as Director.
Appointed
Ujjwal Bhardwaj was appointed as Director.
Incorporation
04 Jan 2017
Pietech Solution Private Limited was registered on 04 Jan 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Pietech Solution Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Pietech Solution Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Pietech Solution Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Pietech Solution Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Pietech Solution Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Frequently Asked Questions about Pietech Solution Private Limited
Pietech Solution has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Pietech Solution was a private limited company based in Bangalore, Karnataka, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 04 January 2017 and is registered under CIN U72900KA2017PTC099006. The company has been struck off by the Registrar of Companies and is no longer operational.
Pietech Solution had 2 directors:
- Navin Sharma Kumar - Director
- Ujjwal Bhardwaj - Director
The CIN (Corporate Identification Number) of Pietech Solution is U72900KA2017PTC099006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pietech Solution is at #1318 5th Floor Jp Nagar Phase – 2, Bangalore, Karnataka, India – 560076.
Pietech Solution was incorporated on 04 January 2017. It is registered with the Registrar of Companies, Bangalore.
Yes, Pietech Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Pietech Solution can be reached through the website ionicfirebaseapp.com. Its registered office is in Bangalore, Karnataka, India.
Pietech Solution reported revenue of ₹35.74 Lakh for FY 2018.
Pietech Solution has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Pietech Solution reported a net loss of ₹17.11 Lakh (net margin -47.9%) and EBITDA of -₹15.3 Lakh (EBITDA margin -42.8%) for FY 2018, as per its filed financial statements.