99 Algorithms Private Limited

Trading FMCG, groceries, and e-commerce goods since 2015 in Delhi.

2015 | Delhi (India) | Active
Last Updated: November 15, 2024

99 Algorithms Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 0.11 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.25 Cr
  • Revenue Growth -99.42%
  • Profit Growth 86.59%
  • Ebitda 87.48%
  • Net Worth -41.93%
  • Total Assets -29.25%

About 99 Algorithms

99 Algorithms Private Limited (9APL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 15 May 2015 (Nine years and eight months 25 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 0.11 M.

The company has closed loans amounting to ₹5.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rohit Narang and Ruchi Narang serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300DL2015PTC280282

  • Company No.

    280282

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 2015

  • Date of AGM

    16 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Food and Beverages

Who are the key members and board of directors at 99 Algorithms?

Board Members (2)

Name Designation Appointment Date Status
Rohit Narang Country flag representing In Director 23-May-2016 Current
Ruchi Narang Country flag representing In Director Current

Financial Performance of 99 Algorithms.

99 Algorithms Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.42% decrease. The company also saw a substantial improvement in profitability, with a 86.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 41.93%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-99.42%
Revenue from Operations
-99.44%
Total Assets
-29.25%
Profit or Loss
86.59%
Net Worth
-41.93%
EBITDA
87.48%

What is the Ownership and Shareholding Structure of 99 Algorithms?

In 2023, 99 Algorithms had a promoter holding of 87.24% and a public holding of 12.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5.25 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 5.25 Cr

Latest Charge Details

Date Lender Amount Status
16 Jun 2021 The Hongkong And Shanghai Banking Corporation Limited ₹5.25 Cr Satisfied

How Many Employees Work at 99 Algorithms?

99 Algorithms has a workforce of 0 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of 99 Algorithms, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped 99 Algorithms's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on 99 Algorithms

Recent activity within the organization

  • Annual General Meeting

    99 Algorithms Private Limited last Annual general meeting of members was held on 16 Nov 2023 as per latest MCA records.

    16 Nov 2023

  • Balance Sheet

    99 Algorithms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 16 Jun 2021 via Charge ID 100452132 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 22 Mar 2023.

    22 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5.25 Cr with Charge ID 100452132 was registered on 16 Jun 2021.

    16 Jun 2021

  • Director Appointment

    Rohit Narang was appointed as a Director was appointed as a Director on 23 May 2016 & has been associated with this company since 8 years 8 months .

    23 May 2016

  • Company Incorporation

    99 Algorithms Private Limited was registered on 15 May 2015 with Roc Delhi & aged 9 years 8 months as per MCA records.

    15 May 2015

Frequently asked questions

  • 99 Algorithms Private Limited was incorporated on 15 May 2015.

  • The authorized share capital of 99 Algorithms Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 0.11 M.

  • Currently 2 directors are associated with 99 Algorithms Private Limited.

    • Rohit Narang
    • Ruchi Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of 99 Algorithms Private Limited is H. No.199 Ground Floor Pandit Mohalla Rangpuri, Near Telco Service Station India, New Delhi, 110037.

  • The corporate identification number (CIN) of 99 Algorithms Private Limited is U72300DL2015PTC280282 and the company number is 280282 as per Ministry of Corporate Affairs (MCA).

  • The Official website of 99 Algorithms Private Limited is https://www.maxwholesale.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for 99 Algorithms Private Limited has fallen by -99.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of 99 Algorithms Private Limited has experienced an downturn of -41.93%.

  • The most recent Balance Sheet for 99 Algorithms Private Limited was filed with the ROC on 31 Mar 2023.

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