Scubeelate Technologies Private Limited
About Scubeelate Technologies Private Limited
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Scubeelate Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC130550. Its GSTIN is 29ABDCS0560Q1ZT (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Siva Makireddy and Satya Sameera Makireddy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.52 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Cr (net margin -101.3%) and EBITDA of -₹1.49 Cr (EBITDA margin -98.3%). Revenue has grown at a compounded annual rate (CAGR) of 594% over three years.
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- Registered AddressSy. No: 66/2 67/1 13th Floor Trifecta Adatto Itpl Main Road Garudacharpalya Mahadev, Apura Post, Bengaluru, Karnataka, India – 560048
- IndustryFinancial Services, Prepaid Card 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
- One PDF report, delivered after checkout
Business Activity of Scubeelate Technologies Private Limited
The main business activity of Scubeelate Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Scubeelate Technologies Private Limited FY 2025 filings available
Scubeelate Technologies Private Limited reported revenue of ₹1.52 Cr (up 49% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Scubeelate Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 594% over three years, including 49% growth in the latest year. EBITDA fell 233% 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 Scubeelate Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.49 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.54 Cr | •••• | •••• | •••• |
| 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 Scubeelate Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -98.3% | •••• | •••• | •••• |
| Net Profit Margin | -101.3% | •••• | •••• | •••• |
| 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 Scubeelate Technologies are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Scubeelate Technologies Private Limited
Scubeelate Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Prepaid and Cash Cards). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| At Enterprises Private Limited | ₹2.66 Cr (FY 2022) | •••• | •••• | •••• | Delhi, India | |
| Rajpurohit Technosolutions Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 561.0% | •••• | Mumbai, Maharashtra, India |
| Safalpay India Private Limited | ₹1.92 Cr (FY 2023) | •••• | •••• | -64.0% | •••• | Lucknow, Uttar Pradesh, India |
| Oneskg Meet Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Pilibangan, Rajasthan, India |
| Kawl Infotech Private Limited | ₹1.69 Cr (FY 2024) | •••• | •••• | -91.0% | •••• | New Delhi, Delhi, India |
| Scubeelate Technologies Private Limited this company | ₹1.52 Cr (FY 2023) | •••• | •••• | 49.0% | •••• | Bengaluru, Karnataka, India |
| Dunamis Trade & Services Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Topsail Fintech Private Limited | ₹1.33 Cr (FY 2023) | •••• | •••• | -70.0% | •••• | Hyderabad, Telangana, India |
| Omegaon Internet Private Limited | ₹1.17 Cr (FY 2020) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Digicard Services Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Gurgaon, Haryana, India |
| Brothers Digi World International Services India Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -87.0% | •••• | Sirsa, Haryana, India |
Peers are the five companies nearest above and the five nearest below Scubeelate Technologies by revenue in the BFSI industry (Prepaid and Cash Cards), 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 Scubeelate Technologies Private Limited
Scubeelate Technologies Private Limited is audited by Vagrecha & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vagrecha & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Scubeelate Technologies Private Limited
Scubeelate Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siva Makireddy Also directs: Aadhya Sea Foods Private Limited, Nihanya Constructions Private Limited, Nectagon Technologies Private Limited and 2 more | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Satya Sameera Makireddy Also directs: Aadhya Sea Foods Private Limited, Nihanya Constructions Private Limited, Nectagon Technologies Private Limited and 1 more | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Scubeelate Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Scubeelate Technologies Private Limited
Scubeelate Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Scubeelate Technologies Private Limited
Employment history and EPFO contributions of people linked to Scubeelate Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Scubeelate Technologies Private Limited
Scubeelate Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Satya Sameera Makireddy was appointed as Director on 11 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Scubeelate Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Scubeelate Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Scubeelate Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Scubeelate Technologies Private Limited
Scubeelate Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDCS0560Q1ZT | Karnataka | Active | 21 Dec 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Scubeelate Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Scubeelate Technologies Private Limited
Scubeelate Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U72900KA2019PTC130550.
Scubeelate Technologies reported revenue of ₹1.52 Cr for FY 2023 (up 49% YoY).
Scubeelate Technologies has 2 current directors:
- Siva Makireddy - Director
- Satya Sameera Makireddy - Director
Scubeelate Technologies reported a net loss of ₹1.54 Cr (net margin -101.3%) and EBITDA of -₹1.49 Cr (EBITDA margin -98.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Scubeelate Technologies is 594% over three years. In the latest year (FY 2023) revenue rose 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Scubeelate Technologies is 29ABDCS0560Q1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Scubeelate Technologies is U72900KA2019PTC130550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scubeelate Technologies was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Scubeelate Technologies by revenue are At Enterprises Private Limited, Rajpurohit Technosolutions Private Limited, Safalpay India Private Limited, Oneskg Meet Private Limited, Kawl Infotech Private Limited and 5 more, all in the BFSI industry (Prepaid and Cash Cards).
Satya Sameera Makireddy was appointed as Director on 11 Dec 2019. Siva Makireddy was appointed as Director on 11 Dec 2019.
Yes, Scubeelate Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).