About Portworx Software India Private Limited
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Portworx Software India Private Limited was a private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Portworx Inc. 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 cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 08 May 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC149783. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Raghunandan Ramakrishna and Jagdish Krishna Hemmady.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 89 7th Cross IV B Block Koramangala, Bengaluru, Karnataka, India – 560034.
As per the financials filed for FY 2023, the company reported a revenue of ₹96,255, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹6.3 Lakh and EBITDA of -₹6.77 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years.
The company was associated with 1 brand: Portworx.
The last known website on record is portworx.com.
Company details
CIN history
Portworx Software India has one previous CIN (Corporate Identification Number): U72900PN2018PTC176487. The current CIN is U72900KA2018PTC149783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2018PTC149783 | Current |
| U72900PN2018PTC176487 | Previous |
Contact details
Portworx Software India Private Limited's registered office is in Bengaluru, Karnataka. Its website is portworx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address89 7th Cross IV B Block Koramangala, Bengaluru, Karnataka, India – 560034
- IndustryInformation Technology, Cloud Computing & Cloud Services
To see the full contact details of Portworx Software India 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
Portworx Software India operates one associated brand: Portworx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of a tool for developers and IT Ops to run containerized applications | portworx.com |
Financials of Portworx Software India Private Limited
FY 2024 filings availablePortworx Software India Private Limited reported revenue of ₹96,255 (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 90% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹96,255 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.3 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Portworx Software India Private Limited, buy the company report.
Board of directors of Portworx Software India Private Limited
Portworx Software India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunandan Ramakrishna | Director | 22 Apr 2020 | 6 Years 6 Months | As last reported |
| Jagdish Krishna Hemmady | Director | 08 May 2018 | 8 Years 5 Months | As last reported |
Auditor
Portworx Software India Private Limited is audited by UMESH & RAVICHANDER for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UMESH & RAVICHANDER | FY 2023 | 014729S |
Shareholding
The shareholding of Portworx Software India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Portworx Software India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Portworx Software India 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 Portworx Software India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Portworx Software India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Portworx Software India Private Limited, buy the company report.
Recent activity
Portworx Software India Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Raghunandan Ramakrishna ceased to be Additional Director on 08 Sep 2020.
News
Frequently asked questions
Portworx Software India 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.
Portworx Software India was a private limited company based in Bengaluru, Karnataka, India. The company worked in cloud computing and cloud services, within the information technology industry. It was incorporated on 08 May 2018 and is registered under CIN U72900KA2018PTC149783. The company has been struck off by the Registrar of Companies and is no longer operational.
Portworx Software India had 2 directors:
- Raghunandan Ramakrishna - Director
- Jagdish Krishna Hemmady - Director
The CIN (Corporate Identification Number) of Portworx Software India is U72900KA2018PTC149783. 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 Portworx Software India is at 89 7th Cross IV B Block Koramangala, Bengaluru, Karnataka, India – 560034.
Portworx Software India was incorporated on 08 May 2018. It is registered with the Registrar of Companies, Bangalore.
Portworx Software India can be reached through the website portworx.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Portworx Software India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2019 are in the company report.
No. Portworx Software India has 1 GST registration on record and it is cancelled or inactive.
Portworx Software India operated in the information technology industry, in the cloud computing and cloud services segment. It worked in this industry before it was struck off.
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