- Udyam number
- UDYAM-TS-02-0018375

About Piing Software Technologies Private Limited
Data last updated:
Piing Software Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the facility management segment of the business services sector. It was incorporated on 10 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC099759. Its GSTIN is 36AAICP4603P1Z0 (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹21.42 Lakh. It is led by directors Raajesh Shrinivas and Aditya Tripuraneni.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.72 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹3.71 Cr (net margin -15%) and EBITDA of ₹4.12 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 241% over five years.
The company is associated with 1 brand: Piing. The company has 9 deals on record (6 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹55.2 Lakh; the latest was in February 2021.
Piing Software Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0018375). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piing.in.
Company details
Recognitions & Rankings of Piing Software Technologies
Contact details
Piing Software Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is piing.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. A601 Trendset Winz, Nanakramguda, Hyderabad, Telangana, India – 500032
- IndustryBusiness Services, Facility Management
To see the full contact details of Piing Software Technologies 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
Piing Software Technologies operates one associated brand: Piing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App for on-demand laundry and dry cleaning service | piing.com.sg |
Business activity
The main business activity of Piing Software Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Piing Software Technologies Private Limited, buy the company report.
Financials of Piing Software Technologies Private Limited
FY 2024 filings availablePiing Software Technologies Private Limited reported revenue of ₹24.72 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 241% over five years, including 11% growth in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.12 Cr | ||||
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| Net Profit (PAT) | -₹3.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | -15% | ||||
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To see the full financial statements and ratios of Piing Software Technologies Private Limited, buy the company report.
Board of directors of Piing Software Technologies Private Limited
Piing Software Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raajesh Shrinivas | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
| Aditya Tripuraneni | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Piing Software Technologies Private Limited is audited by N S V R & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S V R & ASSOCIATES LLP | FY 2021 | 008801S |
Shareholding
The shareholding of Piing Software Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Piing Software Technologies Private Limited, buy the company report.
Deals & funding
Piing Software Technologies Private Limited has 9 deals on record (6 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹55.2 Lakh; the latest was in February 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Rights issue | ₹80 Lakh | Investors: an individual |
| Aug 2019 | Rights issue | ₹6 Cr | Investors: 2 individuals |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Rights issue | ₹1.58 Cr | Investors: an individual |
| Mar 2019 | Rights issue | ₹70.5 Lakh | Investors: 2 individuals |
To see the full deal history of Piing Software 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.
Legal cases
No court or tribunal cases involving Piing Software Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piing Software Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piing Software Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICP4603P1Z0 | Telangana | Active | 04 Aug 2018 |
To see the full GST registrations and return filing status of Piing Software Technologies Private Limited, buy the company report.
Recent activity
Piing Software Technologies Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Aditya Tripuraneni was appointed as Director on 10 Jul 2015.
Frequently asked questions
Piing Software Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in facility management, within the business services industry. It was incorporated on 10 July 2015 (11+ years old) and is registered under CIN U72200TG2015PTC099759.
Piing Software Technologies has 2 current directors:
- Raajesh Shrinivas - Director
- Aditya Tripuraneni - Director
The latest financial statements of Piing Software Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Piing Software Technologies is 36AAICP4603P1Z0, registered in Telangana.
The CIN (Corporate Identification Number) of Piing Software Technologies is U72200TG2015PTC099759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piing Software Technologies was incorporated on 10 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Piing Software Technologies has 9 deals on record (6 rights issues, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹55.2 Lakh; the latest was in February 2021.
Aditya Tripuraneni was appointed as Director on 10 Jul 2015. Raajesh Shrinivas was appointed as Director on 10 Jul 2015.
Yes, Piing Software Technologies is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0018375).
Piing Software Technologies can be reached through the website piing.in. Its registered office is in Hyderabad, Telangana, India.