About Planet11 Ecommerce Solutions India Private Limited
Data last updated:
Planet11 Ecommerce Solutions India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2014FTC077102. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹28.32 Cr and a paid-up capital of ₹22.98 Cr. It was formerly known as Wishary Technologies India Private Limited. It is led by directors Nakkyun Chong (Managing Director) and Imranpasha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Avenue11 and Giftiicon. Court records list 1 case involving the company, including 1 filed by the company. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹39.86 Cr; the latest was in December 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giftiicon.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressIndiqube – Townhub 2nd Floor Municipal No.837/1 100 Feet Road Binnamangala 1st Stage I, Ndiranagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands with Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India operates two associated brands: Avenue11 and Giftiicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Grocery products are delivered via an online platform and apps. | avenue11.com | |
| Personalized digital gifts are sent and redeemed for physical products. | giftiicon.com |
Financials of Planet11 Ecommerce Solutions India Private Limited FY 2022 filings available
Financial Statement Summary of Planet11 Ecommerce Solutions India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
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| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Planet11 Ecommerce Solutions India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| 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 Planet11 Ecommerce Solutions India are in the company report.
Financial statements from 2015
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.
Board of Directors of Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imranpasha | Director | 20 May 2020 | 6 Years 5 Months | Current |
| Nakkyun Chong Also directs: Giftiicon Solutions India Private Limited | Managing Director | 08 Sep 2016 | 10 Years 1 Months | Current |
Auditor Details of Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India Private Limited is audited by For Nangia & Co. LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| For Nangia & Co. LLP | 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.
Ownership and Shareholding of Planet11 Ecommerce Solutions India 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 Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹39.86 Cr; the latest was in December 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Veritas Capital Corporate Limited, 3 individuals Seller: an individual |
| Dec 2018 | Funding round | ₹7.85 Cr | Investors: Digital Digm INC, Coseal Corperate Limited, 2 individuals |
| Nov 2018 | Funding round | ₹7.21 Cr | Investors: Veritas Capital Corporate Limited, 3 individuals |
| Sep 2018 | Funding round | ₹5.91 Cr | Investors: BCCL, BGS International Corparate Limited, 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: S K Planet Corperate Limited |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India Private Limited has 1 court case on record: 1 filed by Planet11 Ecommerce Solutions India. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India Private Limited has a workforce of 1 employees as of Apr 07, 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.
Group Structure of Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Giftiicon Solutions India Private Limited | U72900KA2019PTC125391 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India Private Limited has 15 board changes on record since 2016: 2 appointments and 13 cessations. The latest: Imranpasha ceased to be Additional Director on 31 Dec 2020.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Planet11 Ecommerce Solutions India 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 Planet11 Ecommerce Solutions India 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 Planet11 Ecommerce Solutions India 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 Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Planet11 Ecommerce Solutions India 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.
Related news about Planet11 Ecommerce Solutions India Private Limited
Frequently Asked Questions about Planet11 Ecommerce Solutions India Private Limited
Planet11 Ecommerce Solutions India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 November 2014 (12+ years old) and is registered under CIN U72900KA2014FTC077102.
Planet11 Ecommerce Solutions India has 2 current directors:
- Nakkyun Chong - Managing Director
- Imranpasha - Director
No. Planet11 Ecommerce Solutions India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Planet11 Ecommerce Solutions India is U72900KA2014FTC077102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet11 Ecommerce Solutions India has 1 court case on record: 1 filed by the company.
Planet11 Ecommerce Solutions India was incorporated on 07 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Planet11 Ecommerce Solutions India has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹39.86 Cr; the latest was in December 2020.
Imranpasha ceased to be Additional Director on 31 Dec 2020. Ravichandran Muniswarachar ceased to be Director on 15 Jun 2020. Imranpasha was appointed as Director on 20 May 2020. Planet11 Ecommerce Solutions India has 15 board changes on record in total.
Planet11 Ecommerce Solutions India can be reached through the website giftiicon.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Planet11 Ecommerce Solutions India is at Indiqube – Townhub 2nd Floor Municipal No.8371 100 Feet Road Binnamangala 1st Stage I, Ndiranagar, Bangalore, Karnataka, India – 560038.