Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited - information technology in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U74140DL2014PTC271492 Incorporated 11 September 2014 ROC Delhi HQ New Delhi, Delhi, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹39.67 Lakh
▼ 91% YoY
Net loss · FY 2020
₹70.05 Lakh
Net margin -176.6%
EBITDA · FY 2020
-₹70.01 Lakh
EBITDA margin -176.5%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹1.4 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings

About Retention Nine Technologies Private Limited

Data last updated:

Retention Nine Technologies Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Betaout 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 web design and maintenance services segment of the technology and IT services sector. It was incorporated on 11 September 2014.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2014PTC271492. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.4 Lakh. It was formerly known as Veeba Technologies Private Limited. It was led by directors Ankit Maheshwari and Arjun Maheshwari.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at B – 158 1st Floor East Vinod Nagar, New Delhi, Delhi, India – 110092.

As per the financials filed for FY 2020, the company reported a revenue of ₹39.67 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹70.05 Lakh (net margin -176.6%) and EBITDA of -₹70.01 Lakh (EBITDA margin -176.5%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.

The company had about 16 employees on its provident fund (EPFO) records before it was struck off.

Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in November 2016. Its 10 peer companies in the Information Technology industry (Website Design and Maintenance) are compared by revenue, 5 larger and 5 smaller; the largest is Mondal Cybernetics Private Limited with revenue of ₹40.01 Lakh.

The last known website on record is retention9.com.

Company Details of Retention Nine Technologies Private Limited
CIN U74140DL2014PTC271492
Registration Number 271492
Incorporation Date 11 September 2014
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Betaout Inc.
Compliance Status Active Compliant
Key People
Ankit Maheshwari Director Arjun Maheshwari Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    retention9.com
  • Social Media
    Locked
  • Registered Address
    B – 158 1st Floor East Vinod Nagar, New Delhi, Delhi, India – 110092
  • Industry
    Information Technology, Web Design & Maintenance Services
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Financials, compliance, directors, charges, ownership and filings for Retention Nine Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Retention Nine Technologies Private Limited

The main business activity of Retention Nine Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ7Data processing, hosting and related activities; web portalLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Retention Nine Technologies Private Limited FY 2020 filings available

Retention Nine Technologies Private Limited reported revenue of ₹39.67 Lakh (down 91% YoY) for FY 2020.

Revenue · FY 2020
₹39.67 Lakh ▼ 91%
Net loss · FY 2020
₹70.05 Lakh margin -176.6%
EBITDA · FY 2020
-₹70.01 Lakh margin -176.5%

Compounded Annual Growth Rate (CAGR) of Retention Nine Technologies Private Limited

Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 65%
EBITDA CAGR growth
1 year
▼ 746%
3 years · compounded
▼ 12%

Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 91% fall in the latest year. EBITDA fell 746% 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 of Retention Nine Technologies Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹39.67 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹70.01 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹70.05 Lakh••••••••••••••••
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 Retention Nine Technologies Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-176.5%••••••••••••••••
Net Profit Margin-176.6%••••••••••••••••
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 Retention Nine Technologies are in the company report.

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Board of Directors of Retention Nine Technologies Private Limited

Retention Nine Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ankit Maheshwari
Also directs: Pramaan.Io Private Limited
Director17 Apr 201511 Years 6 MonthsAs last reported
Arjun Maheshwari
Also directs: Openanalyst AI Private Limited, Anm Enablers Private Limited
Director17 Apr 201511 Years 6 MonthsAs last reported
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Peer Comparison of Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mondal Cybernetics Private Limited₹40.01 Lakh (FY 2022)••••••••2.0%••••Siliguri, West Bengal, India
Seven Infoservices Private Limited₹39.98 Lakh (FY 2025)••••••••-42.0%••••Thane, Maharashtra, India
Touchstone Solutions Private Limited₹39.74 Lakh (FY 2025)••••••••11.0%••••Hyderabad, Telangana, India
Coin Consultancy Services Private Limited₹39.71 Lakh (FY 2018)••••••••351.0%••••Pune, Maharashtra, India
Unicus Vision (OPC) Private Limited₹39.69 Lakh (FY 2025)••••••••-8.0%••••Pune, Maharashtra, India
Retention Nine Technologies Private Limited this company₹39.67 Lakh (FY 2020)••••••••-91.0%••••New Delhi, Delhi, India
Websofy Software Private Limited₹39.66 Lakh (FY 2025)••••••••-29.0%••••Lucknow, Uttar Pradesh, India
Our Web Studio Software Solutions Private Limited₹39.64 Lakh (FY 2025)••••••••13.0%••••Hyderabad, Telangana, India
Sansoul Pharmachem (OPC) Private Limited₹39.63 Lakh (FY 2025)••••••••302.0%••••Mumbai, Maharashtra, India
Webidebi India Private Limited₹39.62 Lakh (FY 2025)••••••••62.0%••••Delhi, India
Creative Technoweb Solutions Private Limited₹39.34 Lakh (FY 2025)••••••••-4.0%••••Ghaziabad, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Retention Nine Technologies by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited is audited by SAVITA GUPTA & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
SAVITA GUPTA & COLockedLockedLocked
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Ownership and Shareholding of Retention Nine Technologies Private Limited

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Charges & Borrowings of Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in November 2016.

Total deals
3
Rights issues
2
Secondary share transfer
1

Deals on record (3 of 3)

WhenDealAmountParties
Nov 2016Rights issue₹1.33 CrInvestors: Betaout Inc
Jul 2016Rights issue₹1.33 CrInvestors: Betaout Inc
Mar 2015Secondary share transferUndisclosedBuyer: Betaout Inc & Arjun Maheshwari, Betaout Inc
Seller: 2 individuals
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Employees and EPFO Compliance at Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited has a workforce of 16 employees as of Apr 06, 2024.

Employee count
16
Active EPFO establishments
1
Employee growth
-38.46%
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Recent Activity on Retention Nine Technologies Private Limited

Retention Nine Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Alpna Gupta ceased to be Director on 11 May 2015.

AGM
Retention Nine Technologies Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Retention Nine Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.
Ceased
Alpna Gupta ceased to be Director.
Ceased
Jinendra Prakash Jain ceased to be Director.
Appointed
Ankit Maheshwari was appointed as Director.
Appointed
Arjun Maheshwari was appointed as Director.
Incorporation
11 Sep 2014
Retention Nine Technologies Private Limited was registered on 11 Sep 2014 with Roc Delhi & aged 12 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Retention Nine Technologies Private Limited

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MSME Payment Delays by Retention Nine Technologies Private Limited

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Subsidiaries & Group Companies of Retention Nine Technologies Private Limited

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GST Compliance of Retention Nine Technologies Private Limited

Retention Nine Technologies 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.

Total GSTINs
2
Cancelled / inactive
2
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MCA Filings & Documents of Retention Nine Technologies Private Limited

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Frequently Asked Questions about Retention Nine Technologies Private Limited

Retention Nine 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.

Retention Nine Technologies was a private limited company based in New Delhi, Delhi, India. The company worked in web design and maintenance services, within the information technology industry. It was incorporated on 11 September 2014 and is registered under CIN U74140DL2014PTC271492. The company has been struck off by the Registrar of Companies and is no longer operational.

Retention Nine Technologies had 2 directors:

The CIN (Corporate Identification Number) of Retention Nine Technologies is U74140DL2014PTC271492. 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 Retention Nine Technologies is at B – 158 1st Floor East Vinod Nagar, New Delhi, Delhi, India – 110092.

Retention Nine Technologies was incorporated on 11 September 2014. It is registered with the Registrar of Companies, Delhi.

Retention Nine Technologies can be reached through the website retention9.com. Its registered office is in New Delhi, Delhi, India.

Retention Nine Technologies reported revenue of ₹39.67 Lakh for FY 2020 (down 91% YoY).

Retention Nine Technologies has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.4 Lakh.

Retention Nine Technologies reported a net loss of ₹70.05 Lakh (net margin -176.6%) and EBITDA of -₹70.01 Lakh (EBITDA margin -176.5%) for FY 2020, as per its filed financial statements.

No. Retention Nine Technologies has 2 GST registrations on record and all of them are cancelled or inactive.

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