About Aaneel Technology Solutions Private Limited
Data last updated:
Aaneel Technology Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Aaneel Infotech Llc. It operates in the business process outsourcing sector. It was incorporated on 25 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012FTC063715. Its GSTIN is 29AAKCA4977H6ZZ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Upendrakumar Chhaganbhai Patel and Niyati Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unitno.601A&602A 6 Thfloor Awing Mittaltowers M.G.Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.58 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹2.43 Cr (net margin 11.3%) and EBITDA of ₹3.5 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 33% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AaNeel.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aaneel.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnitno.601A&602A 6 Thfloor Awing Mittaltowers M.G.Road, Bangalore, Karnataka, India – 560001
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Business Activity of Aaneel Technology Solutions Private Limited
The main business activity of Aaneel Technology Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aaneel Technology Solutions Private Limited FY 2024 filings available
Aaneel Technology Solutions Private Limited reported revenue of ₹21.58 Cr (up 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Aaneel Technology Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 50% growth in the latest year. EBITDA rose 71% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Aaneel Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.43 Cr | •••• | •••• | •••• | •••• |
| 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 of Aaneel Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aaneel Technology Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Logmein (India) Private Limited | ₹21.85 Cr (FY 2018) | •••• | •••• | 55.0% | •••• | Bengaluru, Karnataka, India |
| Aln Billing Private Limited | ₹21.84 Cr (FY 2024) | •••• | •••• | 117.0% | •••• | Mumbai, Maharashtra, India |
| Zealie India Private Limited | ₹21.82 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | New Delhi, Delhi, India |
| Support Everyone Capital Services Private Limited | ₹21.74 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Delhi, India |
| J M Baxi Technologies Private Limited | ₹21.73 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Sion East, Mumbai, Maharashtra, India |
| Aaneel Technology Solutions Private Limited this company | ₹21.58 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Pristine E Teleservices Private Limited | ₹21.38 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Brandee Commerce Private Limited | ₹21.27 Cr (FY 2024) | •••• | •••• | 1219.0% | •••• | Bengaluru, Karnataka, India |
| Kou - Chan Knowledge Convergence Private Limited | ₹21.24 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Bangalore, Karnataka, India |
| Wizaker Consulting Private Limited | ₹21.24 Cr (FY 2025) | •••• | •••• | 339.0% | •••• | Bhubaneswar, Odisha, India |
| Healthrecon Connect India Private Limited | ₹21.15 Cr (FY 2025) | •••• | •••• | 181.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Aaneel Technology Solutions by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions Private Limited is audited by PRAVEEN T S for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAVEEN T S | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upendrakumar Chhaganbhai Patel | Director | 03 Jan 2013 | 13 Years 9 Months | Current |
| Niyati Patel | Director | 25 Apr 2012 | 14 Years 5 Months | Current |
| Leela Angeline Grace Christopher | Director | 25 Apr 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Aaneel Technology Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions operates one associated brand: AaNeel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides EHR, patient portals, and health tech solutions for medical organizations. | aaneel.com |
Employees and EPFO Compliance at Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions Private Limited has a workforce of 79 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Upendrakumar Chhaganbhai Patel was appointed as Director on 03 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Aaneel Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aaneel Technology Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aaneel Technology Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCA4977H6ZZ | Karnataka | Active | 03 Jul 2017 |
| 24AAKCA4977H1ZE | Gujarat | Active | 13 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aaneel Technology Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aaneel Technology Solutions Private Limited
Aaneel Technology Solutions is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 25 April 2012 (14+ years old) and is registered under CIN U72200KA2012FTC063715.
Aaneel Technology Solutions reported revenue of ₹21.58 Cr for FY 2024 (up 50% YoY).
Aaneel Technology Solutions has 3 current directors:
- Upendrakumar Chhaganbhai Patel - Director
- Niyati Patel - Director
- Leela Angeline Grace Christopher - Director
Aaneel Technology Solutions reported a net profit of ₹2.43 Cr (net margin 11.3%) and EBITDA of ₹3.5 Cr (EBITDA margin 16.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aaneel Technology Solutions is 40% over three years and 33% over five years. In the latest year (FY 2024) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aaneel Technology Solutions is 29AAKCA4977H6ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAKCA4977H1ZE (Gujarat).
The CIN (Corporate Identification Number) of Aaneel Technology Solutions is U72200KA2012FTC063715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaneel Technology Solutions was incorporated on 25 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aaneel Technology Solutions by revenue are Logmein (India) Private Limited, Aln Billing Private Limited, Zealie India Private Limited, Support Everyone Capital Services Private Limited, J M Baxi Technologies Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Upendrakumar Chhaganbhai Patel was appointed as Director on 03 Jan 2013. Leela Angeline Grace Christopher was appointed as Director on 25 Apr 2012. Niyati Patel was appointed as Director on 25 Apr 2012.
Aaneel Technology Solutions can be reached through the website aaneel.com. Its registered office is in Bangalore, Karnataka, India.