Shiftlean Technologies Private Limited

Shiftlean Technologies Private Limited - information technology in Vidyaranyapura, Karnataka, India. Directors, charges & compliance details.
CIN U72500KA2019PTC127619 Incorporated 03 September 2019 ROC Bangalore HQ Vidyaranyapura, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹2.45 Lakh
▼ 86% YoY
Net loss · FY 2021
₹5.7 Lakh
Net margin -232.7%
EBITDA · FY 2021
-₹5.7 Lakh
EBITDA margin -232.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,010
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Brands
2
Associated brands

About Shiftlean Technologies Private Limited

Data last updated:

Shiftlean Technologies Private Limited is a private limited company based in Vidyaranyapura, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2019PTC127619.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,010. It is led by directors Rahul Trivedy and Subhrajyoti Roy Choudhury.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No A402 Dhanush Enclave G Ramaiah Layout, Vidyaranyapura, Karnataka, India – 560097.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.45 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹5.7 Lakh (net margin -232.7%) and EBITDA of -₹5.7 Lakh (EBITDA margin -232.7%).

The company is associated with 2 brands: Foozinga and ShiftLean.

For more details, the company can be reached via its website shiftlean.com.

Company Details of Shiftlean Technologies Private Limited
CIN U72500KA2019PTC127619
Registration Number 127619
Incorporation Date 03 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Flat No A402 Dhanush Enclave G Ramaiah Layout, Vidyaranyapura, Karnataka, India – 560097
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Shiftlean Technologies Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Associated Brands with Shiftlean Technologies Private Limited

Shiftlean Technologies operates two associated brands: Foozinga and ShiftLean. Each brand links to its own profile.

BrandDescriptionWebsite
Platform delivering homemade food options with convenient ordering and service.foozinga.com
Delivers end-to-end software development, including design, coding, and maintenance.shiftlean.com

Competitors & Alternatives of Shiftlean Technologies Private Limited

Brands and companies operating in the same space as Shiftlean Technologies Private Limited include RedShelf, Unicorn, Hedgehog lab and 7 more.

CompetitorDescriptionLocationFounded
RedShelf RedShelf Platform offering digital textbooks for studentsChicago, United States2012
Unicorn Unicorn Software development services are provided by Unicorn in Prague.Prague, Czech Republic, Czechia1990
Hedgehog lab Hedgehog lab Mobile application development and UX design services are provided.Newcastle Upon Tyne, United Kingdom2007
AlmavivA AlmavivA IT services suite solutions are provided globally by AlmavivA.Rome, Italy2005
Kontron Kontron Embedded computing platforms are developed for industrial applications.Linz, Austria1959
AKQA AKQA Integrated digital marketing campaigns are developed and executed across channels.Riyadh, Saudi Arabia1994
Digia Digia Software development services including design, integration, and testing are provided.Helsinki, Finland2005
Hancom Hancom Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.Seongnam-si, South Korea1990
Gigster Gigster Software development services are provided via an AI-powered platform.Austin, United States2013
Homefoodi Homefoodi Provides convenient delivery of fresh, home-cooked Indian meals across multiple cities.Noida, India2019

Business Activity of Shiftlean Technologies Private Limited

The main business activity of Shiftlean Technologies is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Turnover share and past changes in activity are in the company report.

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Board of Directors of Shiftlean Technologies Private Limited

Shiftlean Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rahul TrivedyDirector02 Nov 20196 Years 11 MonthsCurrent
Subhrajyoti Roy ChoudhuryDirector29 Feb 20206 Years 7 MonthsCurrent

Financials of Shiftlean Technologies Private Limited FY 2021 filings available

Shiftlean Technologies Private Limited reported revenue of ₹2.45 Lakh (down 86% YoY) for FY 2021.

Revenue · FY 2021
₹2.45 Lakh ▼ 86%
Net loss · FY 2021
₹5.7 Lakh margin -232.7%
EBITDA · FY 2021
-₹5.7 Lakh margin -232.7%

Compounded Annual Growth Rate (CAGR) of Shiftlean Technologies Private Limited

Revenue CAGR growth
1 year
▼ 86%
EBITDA CAGR growth
1 year
▼ 174%

Revenue fell 86% in the latest year. EBITDA fell 174% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Shiftlean Technologies Private Limited

MetricsFY 2020-21FY 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-₹5.7 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹5.7 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 Shiftlean Technologies Private Limited

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin-232.7%••••
Net Profit Margin-232.7%••••
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 Shiftlean Technologies are in the company report.

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Financial statements from FY 2020

Earlier years and trend charts are in the company report.

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Charges & Borrowings of Shiftlean Technologies Private Limited

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

Employees and EPFO Compliance at Shiftlean Technologies Private Limited

Employment history and EPFO contributions of people linked to Shiftlean Technologies.

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Employee and EPFO history

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GST Compliance of Shiftlean Technologies Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Shiftlean Technologies Private Limited

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MSME Payment Delays by Shiftlean Technologies Private Limited

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Subsidiaries & Group Companies of Shiftlean Technologies Private Limited

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MCA Filings & Documents of Shiftlean Technologies Private Limited

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Recent Activity on Shiftlean Technologies Private Limited

Activity
30 Nov 2021
Shiftlean Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Shiftlean Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Directors
29 Feb 2020
Subhrajyoti Roy Choudhury was appointed as a Director on 29 Feb 2020 & has been associated with this company since 6 years 7 months.
Directors
02 Nov 2019
Rahul Trivedy was appointed as a Director on 02 Nov 2019 & has been associated with this company since 6 years 11 months.
Activity
03 Sep 2019
Shiftlean Technologies Private Limited was registered on 03 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.

Frequently Asked Questions about Shiftlean Technologies Private Limited

Shiftlean Technologies is an active private limited company based in Vidyaranyapura, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 September 2019 (7+ years old) and is registered under CIN U72500KA2019PTC127619.

Shiftlean Technologies reported revenue of ₹2.45 Lakh for FY 2021 (down 86% YoY).

Shiftlean Technologies has 2 current directors:

Shiftlean Technologies reported a net loss of ₹5.7 Lakh (net margin -232.7%) and EBITDA of -₹5.7 Lakh (EBITDA margin -232.7%) for FY 2021, as per its filed financial statements.

The CIN (Corporate Identification Number) of Shiftlean Technologies is U72500KA2019PTC127619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shiftlean Technologies was incorporated on 03 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Shiftlean Technologies can be reached through the website shiftlean.com. Its registered office is in Vidyaranyapura, Karnataka, India.

The registered office of Shiftlean Technologies is at Flat No A402 Dhanush Enclave G Ramaiah Layout, Vidyaranyapura, Karnataka, India – 560097.

Shiftlean Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,010.

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