Circle Internet Tech Private Limited

IT support services for internet, e-commerce, and software development, including consultancy and marketing solutions.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Circle Internet Tech Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.16 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -99.98%
  • Profit Growth -3143.46%
  • Ebitda -354.97%
  • Net Worth -81.93%
  • Total Assets -87.82%

About Circle Internet Tech

Circle Internet Tech Private Limited (CITPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 2018 (Six years and seven months 0 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.16 M, as per Ministry of Corporate Affairs (MCA) records.

Shashank Shekhar and Gaurav Agrawal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2018PTC114455

  • Company No.

    114455

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Circle Internet Tech?

Board Members (2)

Name Designation Appointment Date Status
Shashank Shekhar Country flag representing In Director 15-Sep-2021 Current
Gaurav Agrawal Country flag representing In Whole-Time Director 03-Jul-2018 Current

Financial Performance of Circle Internet Tech.

Circle Internet Tech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.98% decrease. The company also saw a substantial fall in profitability, with a 3143.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 81.93%.

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
-99.98%
Revenue from Operations
Total Assets
-87.82%
Profit or Loss
-3143.46%
Net Worth
-81.93%
EBITDA
-354.97%

What is the Ownership and Shareholding Structure of Circle Internet Tech?

In 2023, Circle Internet Tech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Circle Internet Tech?

Circle Internet Tech has a workforce of 6 employees as of Apr 04, 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 Circle Internet Tech, 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 Circle Internet Tech'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 Circle Internet Tech

Recent activity within the organization

  • Annual General Meeting

    Circle Internet Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Circle Internet Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Shashank Shekhar was appointed as a Director was appointed as a Director on 15 Sep 2021 & has been associated with this company since 3 years 4 months .

    15 Sep 2021

  • Director Appointment

    Gaurav Agrawal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jul 2018 & has been associated with this company since 6 years 7 months .

    03 Jul 2018

  • Company Incorporation

    Circle Internet Tech Private Limited was registered on 03 Jul 2018 with Roc Bangalore & aged 6 years 7 months as per MCA records.

    03 Jul 2018

Frequently asked questions

  • Circle Internet Tech Private Limited was incorporated on 03 Jul 2018.

  • The authorized share capital of Circle Internet Tech Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.16 M.

  • Currently 2 directors are associated with Circle Internet Tech Private Limited.

    • Shashank Shekhar
    • Gaurav Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Circle Internet Tech Private Limited is Instaoffice Business Solution Pvt Ltd 1St Floor Spd Plaza 52, Jyoti Niwas College Rd India, Koramangala Industrial Layout, Karnataka, 560034.

  • The corporate identification number (CIN) of Circle Internet Tech Private Limited is U74999KA2018PTC114455 and the company number is 114455 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Circle Internet Tech Private Limited is https://www.circle.news

  • According to the financial reports for the fiscal year 2023, the revenue trend for Circle Internet Tech Private Limited has fallen by -99.98%.

  • As Per 2023 financial reports, 6 employees are currently employed by Circle Internet Tech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Circle Internet Tech Private Limited has experienced an downturn of -81.93%.

  • The most recent Balance Sheet for Circle Internet Tech Private Limited was filed with the ROC on 31 Mar 2024.

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