Rome Technologies Private Limited
About Rome Technologies Private Limited
Data last updated:
Rome Technologies Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 18 January 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2008PTC172870. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It was led by directors Naveen Garg and Mahendra Kumar Garg.
Its last annual general meeting (AGM) was held on 26 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mb – 22 Ground Floor Shakarpur, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.97 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹39,500 (net margin -0.1%) and EBITDA of ₹1.03 Cr (EBITDA margin 25.9%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
As per MCA filings, the company has satisfied charges of ₹8.75 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending.
Company details
Contact details
Rome Technologies Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMb – 22 Ground Floor Shakarpur, New Delhi, Delhi, India – 110092
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Rome 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 Rome Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Rome Technologies Private Limited
FY 2022 filings availableRome Technologies Private Limited reported revenue of ₹3.97 Cr (down 87% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 87% fall in the latest year. EBITDA rose 17% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3.97 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.03 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹39,500 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 25.9% | ||
| Net Profit Margin | -0.1% | ||
| 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 | |||
To see the full financial statements and ratios of Rome Technologies Private Limited, buy the company report.
Board of directors of Rome Technologies Private Limited
Rome Technologies has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Garg Also directs: Rome Technologies LLP, Shyamji Infraplanners LLP, Miraclevision Infosolutions Private Limited and 1 more | Additional Director | 13 Dec 2022 | 3 Years 10 Months | As last reported |
| Mahendra Kumar Garg | Additional Director | 13 Dec 2022 | 3 Years 10 Months | As last reported |
Auditor
Rome Technologies Private Limited is audited by V. THUKRAL AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. THUKRAL AND ASSOCIATES | FY 2017 | 008069C |
Shareholding
The shareholding of Rome Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rome Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2014 | 10548498 | Axis Bank Limited | ₹7.5 Cr | Satisfied | |
| 20 Apr 2011 | 10289215 | Punjab National Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of Rome Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Rome Technologies Private Limited has 5 court cases on record: 1 filed by Rome Technologies, 4 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Salora International Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Micromax Informatics Ltd | Disposed |
| District court, Agra, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by Massarse Salora International Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Agra, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Disposed |
To see the full case history of Rome Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rome Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rome Technologies 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 Rome Technologies Private Limited, buy the company report.
Recent activity
Rome Technologies Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Mahendra Kumar Garg was appointed as Additional Director on 13 Dec 2022.
6 earlier events are in the company report.
Frequently asked questions
Rome Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Rome Technologies was a private limited company based in New Delhi, Delhi, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 18 January 2008 and is registered under CIN U45400DL2008PTC172870. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Rome Technologies is U45400DL2008PTC172870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rome Technologies had 2 directors:
- Naveen Garg - Additional Director
- Mahendra Kumar Garg - Additional Director
Rome Technologies was incorporated on 18 January 2008. It is registered with the Registrar of Companies, Delhi.
The registered office of Rome Technologies is at Mb – 22 Ground Floor Shakarpur, New Delhi, Delhi, India – 110092.
The latest financial statements of Rome Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 August 2022. Year-wise statements from 2015 are in the company report.
No. Rome Technologies has 1 GST registration on record and it is cancelled or inactive.
Rome Technologies operated in the information technology industry, in the IT products retail and distribution segment.
Rome Technologies has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending.