Poshmiles Online Solutions Private Limited
About Poshmiles Online Solutions Private Limited
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Poshmiles Online Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 26 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63040KA2015PTC083666. Its GSTIN is 29AAICP3370R2ZK (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.2 Lakh and a paid-up capital of ₹1.22 Lakh. It is led by directors Arjun Raghunandan and Achintya Dayal Srivastav.
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 # 39 Lakshmi Narasimha Nilaya 3rd A Cross M.M Road K.K Halli, Bangalore, Karnataka, India – 560084.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.8 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹4.99 Lakh (net margin -73.4%) and EBITDA of -₹1.55 Lakh (EBITDA margin -22.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 2% over five years.
The company is associated with 1 brand: Kiplist. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in April 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Poshmiles Online Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 39 Lakshmi Narasimha Nilaya 3rd A Cross M.M Road K.K Halli, Bangalore, Karnataka, India – 560084
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Poshmiles Online Solutions 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
Poshmiles Online Solutions operates one associated brand: Kiplist. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a web-based platform for creating hotel websites. | kiplist.com |
Business activity
The main business activity of Poshmiles Online Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Poshmiles Online Solutions Private Limited, buy the company report.
Financials of Poshmiles Online Solutions Private Limited
FY 2021 filings availablePoshmiles Online Solutions Private Limited reported revenue of ₹6.8 Lakh (down 94% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. 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
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| EBITDA | -₹1.55 Lakh | ||||
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| Net Profit (PAT) | -₹4.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -22.7% | ||||
| Net Profit Margin | -73.4% | ||||
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To see the full financial statements and ratios of Poshmiles Online Solutions Private Limited, buy the company report.
Board of directors of Poshmiles Online Solutions Private Limited
Poshmiles Online Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Raghunandan Also directs: Meradawai Private Limited | Director | 26 Oct 2015 | 11 Years 0 Months | Current |
| Achintya Dayal Srivastav Also directs: Meradawai Private Limited, Quiet Giant Healthtech Private Limited | Director | 26 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Poshmiles Online Solutions Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2019 | 008653S |
Shareholding
The shareholding of Poshmiles Online Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Poshmiles Online Solutions Private Limited, buy the company report.
Deals & funding
Poshmiles Online Solutions Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in April 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹18 Lakh | Investors: 2 individuals |
| Jun 2018 | Rights issue | ₹15 Lakh | Investors: an individual |
| Dec 2016 | Funding round | ₹10 Lakh | Investors: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
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 Poshmiles Online Solutions 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 Poshmiles Online Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Poshmiles Online Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP3370R2ZK | Karnataka | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Poshmiles Online Solutions Private Limited, buy the company report.
Recent activity
Poshmiles Online Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Achintya Dayal Srivastav was appointed as Director on 26 Oct 2015.
Frequently asked questions
Poshmiles Online Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 26 October 2015 (11+ years old) and is registered under CIN U63040KA2015PTC083666.
Poshmiles Online Solutions has 2 current directors:
- Arjun Raghunandan - Director
- Achintya Dayal Srivastav - Director
The latest financial statements of Poshmiles Online Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Poshmiles Online Solutions is 29AAICP3370R2ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Poshmiles Online Solutions is U63040KA2015PTC083666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poshmiles Online Solutions was incorporated on 26 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Poshmiles Online Solutions has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹10 Lakh; the latest was in April 2019.
Achintya Dayal Srivastav was appointed as Director on 26 Oct 2015. Arjun Raghunandan was appointed as Director on 26 Oct 2015.
The registered office of Poshmiles Online Solutions is at # 39 Lakshmi Narasimha Nilaya 3rd A Cross M.M Road K.K Halli, Bangalore, Karnataka, India – 560084.
Poshmiles Online Solutions operates in the transport and logistics industry, in the travel and tour services segment.
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