About Rubique Technologies India Private Limited
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Rubique Technologies India Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 22 October 2014.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46620MH2014PTC258836. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹80.46 Lakh. It was formerly known as Bestdealfinance.Com Private Limited and Rubique Technologies Private Limited. It is led by directors Manavjeet Singh (Managing Director) and Kunhikrishnan Nambiar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B1 – 401 Kanakia Boomerang Yadav Nagar Chandavali Andheri East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.88 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹24.74 Cr (net margin -108.2%) and EBITDA of -₹26.65 Cr (EBITDA margin -116.5%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.
The company has about 137 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rubique. As per MCA filings, the company has open charges of ₹11.5 Cr and satisfied charges of ₹3 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending. The company has 14 deals on record (8 funding rounds, 3 debt financings, 2 secondary share transfers), with disclosed funding of ₹79.2 Cr; the latest was in October 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 32 overdue payments to 7 micro and small suppliers.
The last known website on record is rubique.com.
Company details
Name history
Rubique Technologies India has undergone 2 name changes throughout its history. The company was previously known as Bestdealfinance.Com Private Limited, and Rubique Technologies Private Limited. The current legal name is Rubique Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Rubique Technologies India Private Limited | Current |
| Bestdealfinance.Com Private Limited | Previous |
| Rubique Technologies Private Limited | Previous |
CIN history
Rubique Technologies India has one previous CIN (Corporate Identification Number): U67190MH2014PTC258836. The current CIN is U46620MH2014PTC258836, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46620MH2014PTC258836 | Current |
| U67190MH2014PTC258836 | Previous |
Contact details
Rubique Technologies India Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressB1 – 401 Kanakia Boomerang Yadav Nagar Chandavali Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryInternet, Online Financial Services
- 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
Rubique Technologies India operates one associated brand: Rubique. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A digital marketplace hosting a range of financial products. | rubique.com |
Business activity
The main business activity of Rubique Technologies India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Rubique Technologies India Private Limited, buy the company report.
Financials of Rubique Technologies India Private Limited
FY 2019 filings availableRubique Technologies India Private Limited reported revenue of ₹22.88 Cr (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 87%. EBITDA fell 30% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹26.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -116.5% | ||||
| Net Profit Margin | -108.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| 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 Rubique Technologies India Private Limited, buy the company report.
Board of directors of Rubique Technologies India Private Limited
Rubique Technologies India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunhikrishnan Nambiar Also directs: Magoxy Infra Private Limited, M D Globus Realty Private Limited | Director | 02 Feb 2018 | 8 Years 9 Months | As last reported |
| Manavjeet Singh Also directs: Clxns Technologies Private Limited, Dhir Charitable Foundation | Managing Director | 22 Oct 2014 | 12 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2019 | 100260437 | Others | ₹1 Cr | Open | |
| 05 Apr 2018 | 100173371 | Others | ₹2 Cr | Open | |
| 18 Sep 2017 | 100127673 | Others | ₹8.5 Cr | Open | |
| 09 Sep 2016 | 100054264 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Rubique Technologies India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Rubique Technologies India Private Limited has 14 deals on record (8 funding rounds, 3 debt financings, 2 secondary share transfers), with disclosed funding of ₹79.2 Cr; the latest was in October 2018.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2018 | Debt financing | ₹2 Cr | Investors: Blacksoil Group |
| Mar 2018 | Funding round · Series B | ₹3 Cr | Investors: Kalaari Capital |
| Sep 2017 | Debt financing | ₹8.5 Cr | Investors: Blacksoil Group |
| Sep 2016 | Debt financing | ₹3 Cr | Investors: Trifecta Capital |
To see the full deal history of Rubique Technologies India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rubique Technologies India Private Limited has 6 court cases on record: 1 filed by Rubique Technologies India, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| NCLT | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Ambit Finvest Pvt.Ltd. | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Kiran Vyapar Limited | Disposed |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Ambit Finvest Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Success Pact Consulting Pvt. Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Disposed |
To see the full case history of Rubique Technologies India 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
Rubique Technologies India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 32 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Transunion Cibil Limited | |||
| Think Whynot Integrated Communications Private Limited | |||
| Perfios Software Solutions Private Limited | |||
| Power Print Cartridges Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Rubique Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rubique Technologies India has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rubique Technologies India Private Limited, buy the company report.
Recent activity
Rubique Technologies India Private Limited has 10 board changes on record since 2014: 2 appointments and 8 cessations. The latest: Alexia Yannopoulos ceased to be Director on 29 May 2019.
6 earlier events are in the company report.
News
Frequently asked questions
Rubique Technologies India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Rubique Technologies India is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 22 October 2014 and is registered under CIN U46620MH2014PTC258836. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rubique Technologies India has 2 current directors:
- Manavjeet Singh - Managing Director
- Kunhikrishnan Nambiar - Director
The latest financial statements of Rubique Technologies India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rubique Technologies India is U46620MH2014PTC258836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rubique Technologies India has open charges of ₹11.5 Cr and satisfied charges of ₹3 Cr as per latest MCA filings.
Rubique Technologies India has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Rubique Technologies India was incorporated on 22 October 2014. It is registered with the Registrar of Companies, Mumbai.
Rubique Technologies India has 14 deals on record (8 funding rounds, 3 debt financings, 2 secondary share transfers), with disclosed funding of ₹79.2 Cr; the latest was in October 2018.
Alexia Yannopoulos ceased to be Director on 29 May 2019. Raju Rajesh ceased to be Additional Director on 24 Sep 2018. Kunhikrishnan Nambiar was appointed as Director on 02 Feb 2018. Rubique Technologies India has 10 board changes on record in total.
Rubique Technologies India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 32 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Jun 2019.
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