Smartpaddle Technology Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 5.42 M
- Company Age 10 Year, 1 Day
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 601.75 Cr
- Satisfied Charges ₹ 565.10 Cr
- Revenue Growth -89.28%
- Profit Growth -187.64%
- Ebitda -130.68%
- Net Worth -43.31%
- Total Assets 26.75%
About Smartpaddle Technology
Smartpaddle Technology Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 March 2015 and has a history of Ten years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the E-Commerce 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 8.50 M and a paid-up capital of Rs 5.42 M.
The company currently has active open charges totaling ₹601.75 Cr. The company has closed loans amounting to ₹565.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ranjith Menon, Ankit Tomar, Sachin Agrawal, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72300MH2015PTC263147
- Company No.
263147
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2015
- Date of AGM
23 Jan 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
E-Commerce
What products or services does Smartpaddle Technology Private Limited offer?
Smartpaddle Technology Private Limited offers a wide range of products and services, including Disposable Cutlery and Crockery, Disposable Cutlery, Crates, Trays and Pallets, Plastic Crates, Packaging Pouches & Envelopes, Gusseted, Spout and Stand Up Pouch, Door Mats & Bath Mats, Floor Mats, Plastic Pallets, Food Packaging Materials & Supplies.
Who are the key members and board of directors at Smartpaddle Technology?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Agrawal  | Director | 28-Mar-2015 | Current |
| Ankit Tomar | Director | 28-Mar-2015 | Current |
| Ranjith Menon | Nominee Director | 23-Apr-2018 | Current |
Arijit Sengupta  | Nominee Director | 28-Dec-2020 | Current |
Financial Performance of Smartpaddle Technology.
Smartpaddle Technology Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 89.28% decrease. The company also saw a substantial fall in profitability, with a 187.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Smartpaddle Technology?
In 2023, Smartpaddle Technology had a promoter holding of 88.59% and a public holding of 11.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sigtuple Technologies Private LimitedRanjith Menon is a mutual person
- Bizongo Finpaas Private Limited
Ankit Tomar and Sachin Agrawal are mutual person
Charges (Loans)
Open Charges
₹6,017.50 M
Satisfied Charges
₹5,651.00 M
Charges Breakdown by Lending Institutions
- Others : 446.75 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 100.00 Cr
- Hdfc Bank Limited : 50.00 Cr
- Tata Capital Financial Services Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Others | ₹5.00 Cr | Open |
| 17 May 2024 | Others | ₹60.00 Cr | Open |
| 21 Feb 2024 | Others | ₹25.00 Cr | Open |
| 25 Jul 2023 | Others | ₹25.00 Cr | Open |
| 25 Jul 2023 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Smartpaddle Technology?
Smartpaddle Technology has a workforce of 337 employees as of Apr 10, 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 Smartpaddle Technology, 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 Smartpaddle Technology'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 Smartpaddle Technology
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 50.00 M with Charge ID 100980466 was registered on 02 Sep 2024.
- Charges
A charge registered on 20 Dec 2023 via Charge ID 100938525 with Others was fully satisfied on 16 Aug 2024.
- Charges
A charge registered on 10 Dec 2022 via Charge ID 100713664 with Others was fully satisfied on 16 Aug 2024.
- Charges
A charge registered on 23 May 2023 via Charge ID 100737533 with Others was fully satisfied on 02 Aug 2024.
- Charges
A charge registered on 21 Jul 2022 via Charge ID 100688221 with Idbi Trusteeship Services Limited was fully satisfied on 26 Jun 2024.
- Charges
A charge with Others of Rs. 250.00 M registered on 16 Feb 2023 with Charge ID 100685195 was modified on 19 Jun 2024.
Recent News, Updates & Announcement
Bizongo raises $3 million from IDG Ventures, Accel Partners.Founded by IIT Bombay and IIT Delhi graduates, Bizongo sells boxes, bags, containers and disposable food containers.
- Digitization for MSME Factories Gets a Game-Changing Boost as Bizongo Acquires App and Teams Up with Industry Leaders.
When you thought you were the boss of digitization for MSME factories, but then Bizongo comes along and acquires your app. Now you and your team are joining forces with Bizongo to help small manufacturers get the best deals on raw materials and get financing on the go. Bye bye Better Capital and Titan Capital, thanks for the seed money. FactoryPlus is all about making factories smarter, faster, and cheaper so owners can focus on growing their business. And Bizongo is all about connecting supply chains and improving cash flow with their fancy embedded solutions. Oh, and they just got a $50 million funding round but also had to lay off 15% of their staff. Ouch..
- ETtech Deals Digest: Startups raise $86 million in funding this week.
Funding in Indian startups plummeted almost 38% from $139 million raised across 33 rounds in the same period last year, according to data provided by market intelligence firm Tracxn. .
- "Startup Bizongo Cuts 50 Jobs After $50M Funding, Sparks Speculation Over Business Goals and Priorities".
"Startup Bizongo fires 50 employees after getting $50M funding. They say it's for 'business goals' but no one knows which teams were affected. Maybe they want to make more money by focusing on raw materials and procurement. But it's weird because they just got a lot of money and almost became a unicorn. Founded by IIT grads, Bizongo helps businesses manage vendors and supply chains. #startuplife #layoffs #moneytalks".
Frequently asked questions
What is the Incorporation or founding date of Smartpaddle Technology Private Limited?
Smartpaddle Technology Private Limited was incorporated on 28 Mar 2015.
What is authorized share capital and paid-up capital of Smartpaddle Technology Private Limited?
The authorized share capital of Smartpaddle Technology Private Limited is ₹ 8.50 M and paid-up capital is ₹ 5.42 M.
Who are the current board members & directors of Smartpaddle Technology Private Limited?
Currently 4 directors are associated with Smartpaddle Technology Private Limited.
- Ranjith Menon
- Ankit Tomar
- Sachin Agrawal
- Arijit Sengupta
What is the registered address of Smartpaddle Technology Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Smartpaddle Technology Private Limited is 701 7Th Floor E Wing, Times Square Marol Andheri - Kurla Road East India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Smartpaddle Technology Private Limited?
The corporate identification number (CIN) of Smartpaddle Technology Private Limited is U72300MH2015PTC263147 and the company number is 263147 as per Ministry of Corporate Affairs (MCA).
What is the official website of Smartpaddle Technology Private Limited?
The Official website of Smartpaddle Technology Private Limited is https://www.bizongo.com
What has been the recent revenue trend for Smartpaddle Technology Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Smartpaddle Technology Private Limited has fallen by -89.28%.
How many employees does Smartpaddle Technology Private Limited currently have?
As Per 2023 financial reports, 337 employees are currently employed by Smartpaddle Technology Private Limited.
What change has been observed in the net worth of Smartpaddle Technology Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Smartpaddle Technology Private Limited has experienced an downturn of -43.31%.
What are the total open charges for Smartpaddle Technology Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Smartpaddle Technology Private Limited amount to ₹ 601.75 Cr.
When was the last Balance Sheet of Smartpaddle Technology Private Limited filed with the ROC?
The most recent Balance Sheet for Smartpaddle Technology Private Limited was filed with the ROC on 31 Mar 2023.
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