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Advitiix Technovate Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.02 Lakh
▲ 45% YoY
Net loss · FY 2025
₹13.11 Lakh
Net margin -24.7%
EBITDA · FY 2025
-₹13.01 Lakh
EBITDA margin -24.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Advitiix Technovate Private Limited
Data last updated:
Advitiix Technovate Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26103KA2017PTC099148. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Advity Infomedia Private Limited. It is led by directors Anand Ram Nagaraj and Veerendra Kumar.
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 No 102/1 8th Main Rbi Layout J.P Nagar 7th Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.02 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹13.11 Lakh (net margin -24.7%) and EBITDA of -₹13.01 Lakh (EBITDA margin -24.5%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 23% over five years.
The company is associated with 1 brand: Advity Infomedia.
Advitiix Technovate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0159247). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advity.in.
Company details
CIN U26103KA2017PTC099148
Registration Number 099148
Incorporation Date 12 January 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0159247
CIN history
Advitiix Technovate has one previous CIN (Corporate Identification Number): U74999KA2017PTC099148. The current CIN is U26103KA2017PTC099148, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26103KA2017PTC099148 | Current |
| U74999KA2017PTC099148 | Previous |
Recognitions & Rankings of Advitiix Technovate
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0159247
Contact details
Advitiix Technovate Private Limited's registered office is in Bangalore, Karnataka. Its website is advity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 102/1 8th Main Rbi Layout J.P Nagar 7th Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Advitiix Technovate Private Limited, buy the company report.
Comprehensive company report
Advitiix Technovate Private Limited - one report that includes everything
- 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
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Brands
Advitiix Technovate operates one associated brand: Advity Infomedia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of technology enablers for industrial virtualization | advity.in |
Business activity
The main business activity of Advitiix Technovate is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Advitiix Technovate Private Limited, buy the company report.
Financials of Advitiix Technovate Private Limited
FY 2024 filings availableAdvitiix Technovate Private Limited reported revenue of ₹53.02 Lakh (up 45% YoY) for FY 2025.
Revenue · FY 2025
₹53.02 Lakh ▲ 45%
Net loss · FY 2025
₹13.11 Lakh margin -24.7%
EBITDA · FY 2025
-₹13.01 Lakh margin -24.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 64%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 211%
3 years · compounded
▼ 97%
5 years · compounded
▼ 90%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 45% growth in the latest year. EBITDA fell 211% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹13.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.11 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.5% | ||||
| Net Profit Margin | -24.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Advitiix Technovate Private Limited, buy the company report.
Board of directors of Advitiix Technovate Private Limited
Advitiix Technovate has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Ram Nagaraj Also directs: Ttatechnologies LLP | Director | 12 Jan 2017 | 9 Years 9 Months | Current |
| Veerendra Kumar | Director | 12 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Advitiix Technovate Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adharv Krishna Private Limited | ₹53.17 Lakh (FY 2025) | -17.0% | Hyderabad, Telangana, India | |||
| Binate IT Services Private Limited | ₹53.17 Lakh (FY 2025) | -4.0% | Vasai, Maharashtra, India | |||
| Didactics Software Rede Private Limited | ₹53.12 Lakh (FY 2024) | 3.0% | Bangalore, Karnataka, India | |||
| Indot Solutions Private Limited | ₹53.12 Lakh (FY 2025) | -11.0% | Bhavnagar, Gujarat, India | |||
| Irisactive Communications Private Limited | ₹53.1 Lakh (FY 2025) | -10.0% | Bangalore, Karnataka, India | |||
| Advitiix Technovate Private Limitedthis company | ₹53.02 Lakh (FY 2025) | -₹13.11 Lakh | -24.7% | 45.0% | Bangalore, Karnataka, India | |
| Forcefulcrum Solutions Private Limited | ₹53.02 Lakh (FY 2018) | 61.0% | Bangalore, Karnataka, India | |||
| Omniverse Consulting Private Limited | ₹52.99 Lakh (FY 2025) | 79.0% | Ghaziabad, Uttar Pradesh, India | |||
| Rockchip Technology Private Limited | ₹52.98 Lakh (FY 2024) | -80.0% | Bhubaneswar, Odisha, India | |||
| Rare Solutions Private Limited | ₹52.97 Lakh (FY 2024) | -17.0% | Hyderabad, Telangana, India | |||
| Bigharvest Technologies Private Limited | ₹52.91 Lakh (FY 2024) | 74.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Advitiix Technovate Private Limited, buy the company report.
Auditor
Advitiix Technovate Private Limited is audited by TARAI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARAI & CO | FY 2023 | 022166S |
Shareholding
The shareholding of Advitiix Technovate Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advitiix Technovate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Advitiix Technovate Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advitiix Technovate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advitiix Technovate has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Advitiix Technovate Private Limited, buy the company report.
Recent activity
Advitiix Technovate Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Anand Ram Nagaraj was appointed as Director on 12 Jan 2017.
AGM
Advitiix Technovate Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Advitiix Technovate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anand Ram Nagaraj was appointed as Director.
Appointed
Veerendra Kumar was appointed as Director.
Incorporation
12 Jan 2017
Advitiix Technovate Private Limited was registered on 12 Jan 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Frequently asked questions
Advitiix Technovate is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 January 2017 (9+ years old) and is registered under CIN U26103KA2017PTC099148.
Advitiix Technovate has 2 current directors:
- Anand Ram Nagaraj - Director
- Veerendra Kumar - Director
The latest financial statements of Advitiix Technovate on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
No. Advitiix Technovate has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Advitiix Technovate is U26103KA2017PTC099148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advitiix Technovate was incorporated on 12 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Advitiix Technovate by revenue are Adharv Krishna Private Limited, Binate IT Services Private Limited, Didactics Software Rede Private Limited, Indot Solutions Private Limited, Irisactive Communications Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Anand Ram Nagaraj was appointed as Director on 12 Jan 2017. Veerendra Kumar was appointed as Director on 12 Jan 2017.
Yes, Advitiix Technovate is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Advitiix Technovate is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0159247).
Advitiix Technovate can be reached through the website advity.in. Its registered office is in Bangalore, Karnataka, India.
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