Won'tbuy Technologies India Private Limited
About Won'tbuy Technologies India Private Limited
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Won'tbuy Technologies India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Won't Buy Inc, Usa. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 28 July 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081833. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kannan Gopalakrishnan and Yogesh Kamath.
Its last annual general meeting (AGM) was held on 07 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #25 2nd Floor 8th Main Vasanthnagar, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.25 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Lakh (net margin -19.7%) and EBITDA of -₹1.93 Lakh (EBITDA margin -18.8%).
Company details
Contact details
Won'tbuy Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#25 2nd Floor 8th Main Vasanthnagar, Bangalore, Karnataka, India – 560052
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Won'tbuy Technologies India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Won'tbuy Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Won'tbuy Technologies India Private Limited, buy the company report.
Financials of Won'tbuy Technologies India Private Limited
FY 2017 filings availableWon'tbuy Technologies India Private Limited reported revenue of ₹10.25 Lakh (down 50% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year. EBITDA fell 210% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹10.25 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.93 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.02 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
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -18.8% | |
| Net Profit Margin | -19.7% | |
| 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 Won'tbuy Technologies India Private Limited, buy the company report.
Board of directors of Won'tbuy Technologies India Private Limited
Won'tbuy Technologies India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kannan Gopalakrishnan | Director | 28 Jul 2015 | 11 Years 3 Months | As last reported |
| Yogesh Kamath | Director | 28 Jul 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Won'tbuy Technologies India Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pulseconnect Technologies Private Limited | ₹10.26 Lakh (FY 2016) | 81.0% | New Delhi, Delhi, India | |||
| Innowhiz IT Services Private Limited | ₹10.26 Lakh (FY 2024) | 256.0% | Pune, Maharashtra, India | |||
| Appinteg Private Limited | ₹10.26 Lakh (FY 2024) | 82.0% | Delhi, India | |||
| Jhink Solutions Private Limited (OPC) | ₹10.26 Lakh (FY 2024) | -29.0% | Hyderabad, Telangana, India | |||
| Won'tbuy Technologies India Private Limitedthis company | ₹10.25 Lakh (FY 2017) | -₹2.02 Lakh | -19.7% | -50.0% | Bangalore, Karnataka, India | |
| TS Embedded Systems Private Limited | ₹10.25 Lakh (FY 2025) | 1.0% | Agra, Uttar Pradesh, India | |||
| Brand Networks Apac Solutions Private Limited | ₹10.25 Lakh (FY 2024) | -95.0% | Chandigarh, India | |||
| Nimblexcel Software Private Limited | ₹10.24 Lakh (FY 2022) | 8.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Won'tbuy Technologies India Private Limited, buy the company report.
Auditor
Won'tbuy Technologies India Private Limited is audited by SBSS &ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBSS &ASSOCIATES | FY 2017 | 013501S |
Shareholding
The shareholding of Won'tbuy Technologies India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Won'tbuy Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Won'tbuy Technologies India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Won'tbuy Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Won'tbuy Technologies India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Won'tbuy Technologies India Private Limited, buy the company report.
Recent activity
Won'tbuy Technologies India Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Kannan Gopalakrishnan was appointed as Director on 28 Jul 2015.
Frequently asked questions
Won'tbuy Technologies India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Won'tbuy Technologies India was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 28 July 2015 and is registered under CIN U74900KA2015PTC081833. The company has been struck off by the Registrar of Companies and is no longer operational.
Won'tbuy Technologies India had 2 directors:
- Kannan Gopalakrishnan - Director
- Yogesh Kamath - Director
The CIN (Corporate Identification Number) of Won'tbuy Technologies India is U74900KA2015PTC081833. 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 Won'tbuy Technologies India is at #25 2nd Floor 8th Main Vasanthnagar, Bangalore, Karnataka, India – 560052.
Won'tbuy Technologies India was incorporated on 28 July 2015. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Won'tbuy Technologies India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 07 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Won'tbuy Technologies India has 1 GST registration on record and it is cancelled or inactive.
Won'tbuy Technologies India operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Won'tbuy Technologies India by revenue are Pulseconnect Technologies Private Limited, Innowhiz IT Services Private Limited, Appinteg Private Limited, Jhink Solutions Private Limited (OPC), TS Embedded Systems Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kannan Gopalakrishnan was appointed as Director on 28 Jul 2015. Yogesh Kamath was appointed as Director on 28 Jul 2015.
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