String Metaverse Limited

String Metaverse Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U70109TG2018PLC127246 Incorporated 29 September 2018 ROC Hyderabad HQ Hyderabad, Telangana, India
Merged Public Limited Company information technology DPIIT Startup
Revenue · FY 2023
₹2.08 Cr
▲ 1073% YoY
Net profit · FY 2023
₹2.34 Cr
Net margin 112.7%
EBITDA · FY 2023
₹3.22 Cr
EBITDA margin 154.8%
Authorised capital
₹16.5 Cr
Registered with MCA
Paid-up capital
₹16 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
42
Provident fund records
Directors on board
8
As per MCA filings

About String Metaverse Limited

Data last updated:

String Metaverse Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 September 2018.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70109TG2018PLC127246. Its GSTIN is 36AAMCM1075E1ZI (Telangana). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16 Cr. It was formerly known as Ai Trading Private Limited and K Tech Commodity Trading India Private Limited. It was led by directors including Meenavalli Krishna Mohan (Managing Director) and Meenavalli Ganesh (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Hyderabad, Telangana.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.34 Cr (net margin 112.7%) and EBITDA of ₹3.22 Cr (EBITDA margin 154.8%).

The company had about 42 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.

The last known website on record is stringmetaverse.com.

Company details

CIN U70109TG2018PLC127246
Registration Number 127246
Incorporation Date 29 September 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Amalgamated
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Name history

String Metaverse has undergone 4 name changes throughout its history. The current legal name is String Metaverse Limited.

Company NameStatus
String Metaverse LimitedCurrent
Ai Trading Private LimitedPrevious
K Tech Commodity Trading India Private LimitedPrevious
U And U Life Spaces Private LimitedPrevious
Meenavalli Enterprises India Private LimitedPrevious

CIN history

String Metaverse has one previous CIN (Corporate Identification Number): U70109TG2018PTC127246. The current CIN is U70109TG2018PLC127246, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70109TG2018PLC127246Current
U70109TG2018PTC127246Previous
Key People
Meenavalli Krishna Mohan Managing Director Meenavalli Ganesh Whole-Time Director Nagendra Babu Muppavarapu Cfo

Recognitions & Rankings of String Metaverse

DPIIT recognised startup Government of India
Startup India

Contact details

String Metaverse Limited's registered office is in Hyderabad, Telangana. Its website is stringmetaverse.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    stringmetaverse.com
  • Social Media
  • Registered Address
    Sy.No 66/2 Street No.03 2nd Floor Rai Durgam Prashanth Hills Nav Khalsa, Gachi Bowli. India, Hyderabad, Telangana, India – 500008
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of String Metaverse Limited, buy the company report.

Comprehensive company report
String Metaverse Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of String Metaverse is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of String Metaverse Limited, buy the company report.

Financials of String Metaverse Limited

FY 2023 filings available

String Metaverse Limited reported revenue of ₹2.08 Cr (up 1073% YoY) for FY 2023.

Revenue · FY 2023
₹2.08 Cr ▲ 1073%
Net profit · FY 2023
₹2.34 Cr margin 112.7%
EBITDA · FY 2023
₹3.22 Cr margin 154.8%

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.08 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.22 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.34 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin154.8%
Net Profit Margin112.7%
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

To see the full financial statements and ratios of String Metaverse Limited, buy the company report.

Board of directors and KMP of String Metaverse Limited

String Metaverse Limited currently reports 7 directors and 1 key managerial person. 12 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Rohit Reddy Samala
Also directs: Glow Shop LLP, Glow Aesthetic LLP, Glow Global LLP and 3 more
Director16 Mar 20224 Years 7 MonthsAs last reported
Meenavalli Ganesh
Also directs: String Metaverse Limited, String Realty Vault LLP, String Haven Realty LLP and 1 more
Whole-Time Director22 Dec 20232 Years 10 MonthsAs last reported
Ghanshyam Dass
Also directs: Biopure Healthcare Private Limited, Jain Farm Fresh Foods Limited, Cosmea Investment Holdco Private Limited and 4 more
Additional Director25 Apr 20242 Years 6 MonthsAs last reported
Vivek Kumar Ratakonda
Also directs: String Metaverse Limited, Srija Hotels & Properties Private Limited
Additional Director23 Jan 20242 Years 9 MonthsAs last reported
Meenavalli Krishna Mohan
Also directs: String Metaverse Limited, String Realty Vault LLP, String Haven Realty LLP and 1 more
Managing Director26 Jun 20206 Years 4 MonthsAs last reported
Nagendra Babu MuppavarapuCfo22 Dec 20232 Years 10 MonthsAs last reported
Showing 6 of 8 current directors and KMP. View all directors and KMP

Peer comparison

String Metaverse Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Such Well Forex Private Limited₹36.07 Cr (FY 2025)-50.0%Kurukshetra, Haryana, India
Payzigo Fintech Private Limited₹36.07 Cr (FY 2023)193.0%Hyderabad, Telangana, India
Atpm Forex and Tours Private Limited₹36.05 Cr (FY 2025)-8.0%Bhilai, Chhattisgarh, India
JB Forex Private Limited₹35.98 Cr (FY 2024)17.0%Mumbai, Maharashtra, India
Aeml Investments Limited₹35.97 Cr (FY 2025)22.0%Mehsana, Gujarat, India
Abhyuday Forex Private Limited₹35.92 Cr (FY 2023)-58.0%Delhi, India
Consortium Securities Private Limited₹35.83 Cr (FY 2025)10.0%New Delhi, Delhi, India
Baroda Agents and Trading Co. Private Limited₹35.74 Cr (FY 2025)342.0%Kolkata, West Bengal, India
Infocredit Services Private Limited₹35.65 Cr (FY 2022)120.0%Mumbai, Maharashtra, India
String Metaverse Limitedthis company₹2.08 Cr (FY 2023)₹2.34 Cr112.7%1073.0%42Hyderabad, Telangana, India

To see the full peer comparison of String Metaverse Limited, buy the company report.

Auditor

String Metaverse Limited is audited by Gorantla & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Gorantla & CoFY 2023016943S

Shareholding

The shareholding of String Metaverse Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of String Metaverse Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for String Metaverse Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

String Metaverse has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
String AI Ifsc Private LimitedU64920GJ2021PTC126400

To see the full group structure of String Metaverse Limited, buy the company report.

Employees & EPFO

String Metaverse Limited has a workforce of 42 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
42
Active EPFO establishments
1
Employee growth
-6.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2742
FY 2025-26
FY 2024-25
FY 2023-24

To see the full employee and EPFO history of String Metaverse Limited, buy the company report.

GST

String Metaverse has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
36AAMCM1075E1ZITelanganaActive18 Jul 2019
29AAMCM1075E1ZDKarnatakaActive29 Dec 2022

To see the full GST registrations and return filing status of String Metaverse Limited, buy the company report.

Recent activity

String Metaverse Limited has 18 board changes on record since 2019: 8 appointments and 10 cessations. The latest: Ghanshyam Dass was appointed as Additional Director on 25 Apr 2024.

Appointed
Ghanshyam Dass was appointed as Additional Director.
Appointed
Sarat Malik was appointed as Additional Director.
Appointed
Vivek Kumar Ratakonda was appointed as Additional Director.
Appointed
Meenavalli Ganesh was appointed as Whole-Time Director.
Ceased
Meenavalli Ganesh ceased to be Additional Director.
Appointed
Nagendra Babu Muppavarapu was appointed as CFO.
AGM
String Metaverse Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Krishna Mohan Reddy Gorantampalli ceased to be Company Secretary.
Filing
String Metaverse Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Ceased
Rohit Reddy Samala ceased to be Additional Director.
Ceased
Sai Santosh Althuru ceased to be Additional Director.
Ceased
Kandula Prasanna Sai Raghuveer ceased to be Additional Director.

9 earlier events are in the company report.

News

Frequently asked questions

String Metaverse has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

String Metaverse was a public limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 29 September 2018 and is registered under CIN U70109TG2018PLC127246. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

String Metaverse was incorporated on 29 September 2018. It is registered with the Registrar of Companies, Hyderabad.

String Metaverse had 8 directors and KMP:

The CIN (Corporate Identification Number) of String Metaverse is U70109TG2018PLC127246. 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 String Metaverse is at Sy.No 662 Street No.03 2nd Floor Rai Durgam Prashanth Hills Nav Khalsa, Gachi Bowli. India, Hyderabad, Telangana, India – 500008.

Yes, String Metaverse is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

String Metaverse can be reached through the website stringmetaverse.com. Its registered office is in Hyderabad, Telangana, India.

The latest financial statements of String Metaverse on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of String Metaverse is 36AAMCM1075E1ZI, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAMCM1075E1ZD (Karnataka).

String Metaverse operated in the information technology industry, in the application development and software solutions segment.