Preference Technologies Private Limited
About Preference Technologies Private Limited
Data last updated:
Preference Technologies Private Limited was a private limited company based in Kolkata, West Bengal, India. 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 financial services and investment segment of the financial services sector. It was incorporated on 25 March 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U72200WB1996PTC078384.
The company had an authorised share capital of ₹71 Lakh and a paid-up capital of ₹70.98 Lakh. It was led by directors Kapil Sharma and Vikrant Sharma.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 3A Bow Street Jaetal Tower Fl:2 Floor 1st, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2018, the company reported a revenue of ₹26.79 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹7.73 Lakh (net margin 28.9%) and EBITDA of ₹10.49 Lakh (EBITDA margin 39.1%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years.
Company details
CIN history
Preference Technologies has one previous CIN (Corporate Identification Number): U72200WB1996PLC078384. The current CIN is U72200WB1996PTC078384, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200WB1996PTC078384 | Current |
| U72200WB1996PLC078384 | Previous |
Contact details
Preference Technologies Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3A Bow Street Jaetal Tower Fl:2 Floor 1st, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, Financial Activities
To see the full contact details of Preference 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
Business activity
The main business activity of Preference Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Preference Technologies Private Limited, buy the company report.
Financials of Preference Technologies Private Limited
FY 2018 filings availablePreference Technologies Private Limited reported revenue of ₹26.79 Lakh (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 92%. EBITDA rose 2% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹10.49 Lakh | |||
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| Net Profit (PAT) | ₹7.73 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 39.1% | |||
| Net Profit Margin | 28.9% | |||
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To see the full financial statements and ratios of Preference Technologies Private Limited, buy the company report.
Board of directors of Preference Technologies Private Limited
Preference 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 |
|---|---|---|---|---|
| Kapil Sharma | Director | 31 May 2016 | 10 Years 4 Months | As last reported |
| Vikrant Sharma | Additional Director | 25 Mar 2021 | 5 Years 7 Months | As last reported |
Peer comparison
Preference Technologies Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surichit Fabtrade Pvt.Ltd. | ₹26.83 Lakh (FY 2023) | -51.0% | Kolkata, West Bengal, India | |||
| Wadia Investments Limited | ₹26.82 Lakh (FY 2017) | -10.0% | Mumbai, Maharashtra, India | |||
| Baba Nanak Financial Services Limited | ₹26.81 Lakh (FY 2021) | 0.0% | New Delhi, Delhi, India | |||
| Cons Rampal Pvt Ltd | ₹26.79 Lakh (FY 2024) | 651.0% | Kolkata, West Bengal, India | |||
| Preference Technologies Private Limitedthis company | ₹26.79 Lakh (FY 2018) | ₹7.73 Lakh | 28.9% | -13.0% | Kolkata, West Bengal, India | |
| Bajaj Global Limited | ₹26.78 Lakh (FY 2020) | -47.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Preference Technologies Private Limited, buy the company report.
Auditor
Preference Technologies Private Limited is audited by ABHAY JAIN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY JAIN & CO | FY 2017 | 000008S |
Shareholding
The shareholding of Preference Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Preference Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Preference 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 Preference Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Preference Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Preference Technologies Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Meenakshi Sharma ceased to be Director on 25 Mar 2021.
Frequently asked questions
Preference Technologies 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.
Preference Technologies was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 March 1996 and is registered under CIN U72200WB1996PTC078384. The company has been struck off by the Registrar of Companies and is no longer operational.
Preference Technologies had 2 directors:
- Kapil Sharma - Director
- Vikrant Sharma - Additional Director
The CIN (Corporate Identification Number) of Preference Technologies is U72200WB1996PTC078384. 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 Preference Technologies is at 3A Bow Street Jaetal Tower Fl:2 Floor 1st, Kolkata, West Bengal, India – 700012.
Preference Technologies was incorporated on 25 March 1996. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Preference Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
Preference Technologies operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Preference Technologies by revenue are Surichit Fabtrade Pvt.Ltd, Wadia Investments Limited, Baba Nanak Financial Services Limited, Cons Rampal Pvt Ltd, Bajaj Global Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Meenakshi Sharma ceased to be Director on 25 Mar 2021. Vikrant Sharma was appointed as Additional Director on 25 Mar 2021. Medha Kaushik ceased to be Director on 30 Aug 2016. Preference Technologies has 6 board changes on record in total.
The compliance status of Preference Technologies is compliant as of 31 August 2026.