About Platify Technologies Private Limited
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Platify Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC097191. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹14.53 Lakh. It is led by directors Rashi Goel and Philemon Raju Sreeram.
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 C1206 Kumar I Life Apartment Near Country Club Deverabesanahalli, Bangalore, Karnataka, India – 560103.
The company is associated with 1 brand: Platify Technologies. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.07 Cr; the latest was in April 2018. Its 10 peer companies in the same principal business activity (Other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Indradhanushi Services Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platify.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC1206 Kumar I Life Apartment Near Country Club Deverabesanahalli, Bangalore, Karnataka, India – 560103
- 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
Business Activity of Platify Technologies Private Limited
The main business activity of Platify Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Platify Technologies Private Limited FY 2021 filings available
Platify Technologies Private Limited reported revenue of ₹5,600 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Platify Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years. 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 of Platify Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5,600 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Platify Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Platify Technologies are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Platify Technologies Private Limited
Platify Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indradhanushi Services Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Blockkbuster Events & Entertainment Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Resource Alimenting Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Contech Ventures Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Eark Endeavours Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Platify Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Nakshatra Productions Private Limited | •••• | •••• | •••• | •••• | - | Pernem, Goa, India |
| Sauhadra Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Helpforlife Marketing Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Hildur Functional Foods Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Bhawani Welfare Foundation | •••• | •••• | •••• | •••• | - | Katihar, Bihar, India |
Peers are the five companies nearest above and the five nearest below Platify Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Platify Technologies Private Limited
Platify Technologies Private Limited is audited by C G & COMPANY for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C G & COMPANY | 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.
Board of Directors of Platify Technologies Private Limited
Platify Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashi Goel | Director | 17 Oct 2016 | 9 Years 11 Months | Current |
| Philemon Raju Sreeram | Director | 17 Oct 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Platify Technologies 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 Platify Technologies Private Limited
Platify Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Platify Technologies Private Limited
Platify Technologies Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.07 Cr; the latest was in April 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Funding round · Pre-Series A | ₹1.76 Cr | Investors: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Feb 2017 | Funding round · Series A | ₹1.31 Cr | Investors: 4 individuals |
| Feb 2017 | Rights issue | ₹3.5 Lakh | Investors: 4 individuals |
Full deal history
All 4 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.
Associated Brands with Platify Technologies Private Limited
Platify Technologies operates one associated brand: Platify Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI and mobile application development services are provided. | platify.co |
Employees and EPFO Compliance at Platify Technologies Private Limited
Employment history and EPFO contributions of people linked to Platify Technologies.
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 Platify Technologies Private Limited
Platify Technologies Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Kathuria Dhiraj Harbanslal ceased to be Director on 17 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Platify Technologies 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 Platify Technologies 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 Platify Technologies 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 Platify Technologies Private Limited
Platify Technologies has 1 GST registration on record, and it has been cancelled or is 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 Platify Technologies 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.
Frequently Asked Questions about Platify Technologies Private Limited
Platify Technologies is an active 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 17 October 2016 (10+ years old) and is registered under CIN U72900KA2016PTC097191.
Platify Technologies has 2 current directors:
- Rashi Goel - Director
- Philemon Raju Sreeram - Director
No. Platify Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Platify Technologies is U72900KA2016PTC097191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platify Technologies was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Platify Technologies has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.07 Cr; the latest was in April 2018.
The peers of Platify Technologies by revenue are Indradhanushi Services Private Limited, Blockkbuster Events & Entertainment Private Limited, Resource Alimenting Consultancy Private Limited, Contech Ventures Private Limited, Eark Endeavours Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Kathuria Dhiraj Harbanslal ceased to be Director on 17 Nov 2021. Parshav Jain ceased to be Director on 17 Nov 2021. Pankaj Singh ceased to be Director on 17 Jun 2017. Platify Technologies has 6 board changes on record in total.
Yes, Platify Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Platify Technologies can be reached through the website platify.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Platify Technologies is at C1206 Kumar I Life Apartment Near Country Club Deverabesanahalli, Bangalore, Karnataka, India – 560103.