Picsart Technologies India Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.45 M
- Company Age 3 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 22.39%
- Profit Growth -32.89%
- Ebitda -29.37%
- Net Worth 36.02%
- Total Assets -34.53%
About Picsart Technologies India
Picsart Technologies India Private Limited (PTIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 03 June 2021 (Three years and nine months 27 days old ). Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Travel And Hospitality 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 1.50 M and a paid-up capital of Rs 0.45 M, as per Ministry of Corporate Affairs (MCA) records.
Sannidhi Purushotham and Hovhannes Avoyan serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U72900KA2021FTC148095
- Company No.
148095
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
03 Jun 2021
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Travel and Hospitality
Who are the key members and board of directors at Picsart Technologies India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sannidhi Purushotham  | Director | 03-Jun-2021 | Current |
Hovhannes Avoyan  | Director | 03-Jun-2021 | Current |
Financial Performance of Picsart Technologies India.
Picsart Technologies India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.39% increase. The company also saw a substantial fall in profitability, with a 32.89% decrease in profit. The company's net worth Soared by an impressive increase of 36.02%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Picsart Technologies India?
In 2023, Picsart Technologies India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Workspot Private LimitedSannidhi Purushotham is a mutual person
Olethia Labs Private LimitedSannidhi Purushotham is a mutual person
Gurujana Jeevika Private LimitedSannidhi Purushotham is a mutual person
- Wera Cafetria Foods Private Limited
Sannidhi Purushotham is a mutual person
- Rydal Tech Private Limited
Sannidhi Purushotham is a mutual person
- Stueve Engineering India Private Limited
Sannidhi Purushotham is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Picsart Technologies India?
Picsart Technologies India has a workforce of 15 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Picsart Technologies India, 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 Picsart Technologies India's trajectory.
Rating
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
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 Picsart Technologies India
Recent activity within the organization
- Annual General Meeting
Picsart Technologies India Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Balance Sheet
Picsart Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Sannidhi Purushotham was appointed as a Director was appointed as a Director on 03 Jun 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Hovhannes Avoyan was appointed as a Director was appointed as a Director on 03 Jun 2021 & has been associated with this company since 3 years 9 months .
- Company Incorporation
Picsart Technologies India Private Limited was registered on 03 Jun 2021 with Roc Bangalore & aged 3 years 9 months as per MCA records.
Recent News, Updates & Announcement
Photo app PicsArt gets $20M to grow its user base in Asia.Photo-editing app PicsArt wants to grow in China and Japan after getting $20 million in fresh funding from DCM Ventures and Siguler Guff & Company. .
Frequently asked questions
What is the Incorporation or founding date of Picsart Technologies India Private Limited?
Picsart Technologies India Private Limited was incorporated on 03 Jun 2021.
What is authorized share capital and paid-up capital of Picsart Technologies India Private Limited?
The authorized share capital of Picsart Technologies India Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.45 M.
Who are the current board members & directors of Picsart Technologies India Private Limited?
Currently 2 directors are associated with Picsart Technologies India Private Limited.
- Sannidhi Purushotham
- Hovhannes Avoyan
What is the registered address of Picsart Technologies India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Picsart Technologies India Private Limited is 235 Binnamangala 2Nd Floor 13Th Cross Road, Stage India, Bangalore North, Karnataka, 560038.
What is the corporate identification number (CIN) and company number of Picsart Technologies India Private Limited?
The corporate identification number (CIN) of Picsart Technologies India Private Limited is U72900KA2021FTC148095 and the company number is 148095 as per Ministry of Corporate Affairs (MCA).
What is the official website of Picsart Technologies India Private Limited?
The Official website of Picsart Technologies India Private Limited is https://www.picsart.com
What has been the recent revenue trend for Picsart Technologies India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Picsart Technologies India Private Limited has risen by 22.39%.
How many employees does Picsart Technologies India Private Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Picsart Technologies India Private Limited.
What change has been observed in the net worth of Picsart Technologies India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Picsart Technologies India Private Limited has experienced an upsurge of 36.02%.
When was the last Balance Sheet of Picsart Technologies India Private Limited filed with the ROC?
The most recent Balance Sheet for Picsart Technologies India Private Limited was filed with the ROC on 31 Mar 2023.
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