Tech Better Services Private Limited

Tech Better Services Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2020PTC140038 Incorporated 21 October 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet
Data last updated
Revenue · FY 2022
₹7.68 Cr
▲ 633% YoY
Net profit · FY 2022
₹9.08 Lakh
Net margin 1.2%
EBITDA · FY 2022
₹12.72 Lakh
EBITDA margin 1.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
23
Provident fund records

About Tech Better Services Private Limited

Data last updated:

Tech Better Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 21 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC140038. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akash Bothra and Soutik Sen.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹7.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.08 Lakh (net margin 1.2%) and EBITDA of ₹12.72 Lakh (EBITDA margin 1.7%).

The company has about 23 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: The Better. As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 4 cases are pending.

For more details, the company can be reached via its website thebetterco.online.

Company Details of Tech Better Services Private Limited
CIN U72900KA2020PTC140038
Registration Number 140038
Incorporation Date 21 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No. – 579/B Rt Square 4th Floor Hsr Layout Sector – 06 Outer, Ring Road, Bangalore, Karnataka, India – 560102
  • Industry
    Internet, Online Real Estate Platforms
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Financials, compliance, directors, charges, ownership and filings for Tech Better Services Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Tech Better Services Private Limited

The main business activity of Tech Better Services is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Tech Better Services Private Limited FY 2022 filings available

Tech Better Services Private Limited reported revenue of ₹7.68 Cr (up 633% YoY) for FY 2022.

Revenue · FY 2022
₹7.68 Cr ▲ 633%
Net profit · FY 2022
₹9.08 Lakh margin 1.2%
EBITDA · FY 2022
₹12.72 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR) of Tech Better Services Private Limited

Revenue CAGR growth
1 year
▲ 633%
EBITDA CAGR growth
1 year
▲ 189%

Revenue rose 633% in the latest year. EBITDA rose 189% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Tech Better Services Private Limited

MetricsFY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations₹7.68 Cr••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA₹12.72 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹9.08 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 Tech Better Services Private Limited

MetricsFY 2021-22FY 2020-21
Profitability
EBITDA Margin1.7%••••
Net Profit Margin1.2%••••
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 Tech Better Services are in the company report.

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Financial statements from FY 2021

Earlier years and trend charts are in the company report.

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Peer Comparison of Tech Better Services Private Limited

Tech Better Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Av Design Lab Private Limited₹7.75 Cr (FY 2025)••••••••20.0%••••Mumbai, Maharashtra, India
Mnu Consultants Private Limited₹7.73 Cr (FY 2025)••••••••45.0%••••Kolkata, West Bengal, India
Onetown Engineering Private Limited₹7.73 Cr (FY 2022)••••••••648.0%••••Hyderabad, Telangana, India
Four Dimensions Systems Private Limited₹7.72 Cr (FY 2024)••••••••3087.0%••••New Delhi, Delhi, India
Genesis Tech Engineers Private Limited₹7.72 Cr (FY 2025)••••••••1181.0%••••Pune, Maharashtra, India
Tech Better Services Private Limited this company₹7.68 Cr (FY 2022)••••••••633.0%••••Bangalore, Karnataka, India
Druta Designs Private Limited₹7.68 Cr (FY 2024)••••••••15.0%••••Hyderabad, Telangana, India
VFM Buildcon Private Limited₹7.68 Cr (FY 2024)••••••••40.0%••••Ahmedabad, Gujarat, India
Infra Design Studio Private Limited₹7.67 Cr (FY 2025)••••••••3.0%••••Navi Mumbai, Maharashtra, India
Shree Annaai Engineers Private Limited₹7.64 Cr (FY 2025)••••••••36.0%••••Thane, Maharashtra, India
Integral Designs International Studio Private Limited₹7.64 Cr (FY 2025)••••••••15.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Tech Better Services by revenue in the Engineering industry (Engineering Design), 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 Tech Better Services Private Limited

Tech Better Services Private Limited is audited by Suraj Singri & Co for the financial year 2022.

NameStatusAppointment DateCessation Date
Suraj Singri & CoLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Tech Better Services Private Limited

Tech Better Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Akash BothraDirector18 Feb 20233 Years 7 MonthsCurrent
Soutik SenDirector29 Dec 20232 Years 9 MonthsCurrent

Ownership and Shareholding of Tech Better Services Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Tech Better Services Private Limited

Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹0.75 Cr
Latest charge details
DateLenderAmountStatus
19 Jun 2023State Bank of India₹75 LakhOpen

Total charge records: 1 View all charges

Associated Brands with Tech Better Services Private Limited

Tech Better Services operates one associated brand: The Better. Each brand links to its own profile.

BrandDescriptionWebsite
Construction contracting and building materials services are provided.thebetterconstruction.com

Employees and EPFO Compliance at Tech Better Services Private Limited

Tech Better Services Private Limited has a workforce of 23 employees as of Apr 03, 2024.

Employee count
23
Active EPFO establishments
1
Employee growth
35.29%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Tech Better Services Private Limited

Tech Better Services Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Amit Mishra ceased to be Whole-Time Director on 29 Dec 2023.

Ceased
Amit Mishra ceased to be Whole-Time Director.
Appointed
Soutik Sen was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 75.00 Lakh with Charge ID 100735641 was registered on 19 Jun 2023.
Appointed
Akash Bothra was appointed as Director.
Ceased
Soutik Sen ceased to be Whole-Time Director.
AGM
Tech Better Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Tech Better Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Madhu Pareek ceased to be Whole-Time Director.
Ceased
Ranobir Saha ceased to be Whole-Time Director.
Incorporation
21 Oct 2020
Tech Better Services Private Limited was registered on 21 Oct 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Tech Better Services Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Tech Better Services Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Tech Better Services Private Limited

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Corporate group structure

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GST Compliance of Tech Better Services Private Limited

Tech Better Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Tech Better Services Private Limited

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MCA filings and documents

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Frequently Asked Questions about Tech Better Services Private Limited

Tech Better Services is an active private limited company based in Bangalore, Karnataka, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 21 October 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140038.

Tech Better Services reported revenue of ₹7.68 Cr for FY 2022 (up 633% YoY).

Tech Better Services has 2 current directors:

Tech Better Services reported a net profit of ₹9.08 Lakh (net margin 1.2%) and EBITDA of ₹12.72 Lakh (EBITDA margin 1.7%) for FY 2022, as per its filed financial statements.

No. Tech Better Services has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Tech Better Services is U72900KA2020PTC140038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tech Better Services has 5 court cases on record: 5 filed against it. 4 are pending.

Tech Better Services was incorporated on 21 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Tech Better Services by revenue are Av Design Lab Private Limited, Mnu Consultants Private Limited, Onetown Engineering Private Limited, Four Dimensions Systems Private Limited, Genesis Tech Engineers Private Limited and 5 more, all in the Engineering industry (Engineering Design).

Amit Mishra ceased to be Whole-Time Director on 29 Dec 2023. Soutik Sen was appointed as Director on 29 Dec 2023. Akash Bothra was appointed as Director on 18 Feb 2023. Tech Better Services has 6 board changes on record in total.

Tech Better Services can be reached through the website thebetterco.online. Its registered office is in Bangalore, Karnataka, India.

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