About Alveo Software Private Limited
Data last updated:
Alveo Software Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC168017. Its GSTIN is 27AAPCA1456Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shishir Avasthi and Ashish Suresh Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Office No. 367 R. B. Business Center Plot. No.2 Sanghavi Nagar Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.21 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.27 Cr (net margin 59.5%) and EBITDA of ₹7.28 Cr (EBITDA margin 59.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 31% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Alveo Software.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alveosoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Office No. 367 R. B. Business Center Plot. No.2 Sanghavi Nagar Aundh, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Alveo Software Private Limited
The main business activity of Alveo Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Alveo Software Private Limited FY 2025 filings available
Alveo Software Private Limited reported revenue of ₹12.21 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Alveo Software Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 15% growth in the latest year. EBITDA rose 16% 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 Alveo Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.27 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 Alveo Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.5% | •••• | •••• | •••• | •••• |
| 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 Alveo Software are in the company report.
Financial statements from FY 2017
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 Alveo Software Private Limited
Alveo Software Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clientscape Services India Private Limited | ₹12.3 Cr (FY 2023) | •••• | •••• | 132.0% | •••• | Hyderabad, Telangana, India |
| Veear Projects and Tech Private Limited | ₹12.28 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Pune, Maharashtra, India |
| Rohan Enterprises and Maintenance Services Private Limited | ₹12.25 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Crew 4 Events Global Private Limited | ₹12.24 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | New Delhi, Delhi, India |
| Patel Manpower Services Private Limited | ₹12.22 Cr (FY 2023) | •••• | •••• | 1115.0% | •••• | Aurangabad, Maharashtra, India |
| Alveo Software Private Limited this company | ₹12.21 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Wow Softech Private Limited | ₹12.2 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Unitec Rubber & Conveyor Systems Limited | ₹12.19 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Chennai, Tamil Nadu, India |
| Shree Stevedores Private Limited | ₹12.17 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bhadrak, Odisha, India |
| Advanced Root Knowledge Informatics Private Limited | ₹12.15 Cr (FY 2024) | •••• | •••• | 98.0% | •••• | Agartala, Tripura, India |
| Neer Info Solutions Private Limited | ₹12.15 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Alveo Software by revenue in the Outsourcing industry (HR Outsourcing), 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 Alveo Software Private Limited
Alveo Software Private Limited is audited by M Y MALHOTRA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M Y MALHOTRA & CO | 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 Alveo Software Private Limited
Alveo Software has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shishir Avasthi | Director | 18 Jan 2017 | 9 Years 8 Months | Current |
| Ashish Suresh Gupta | Director | 18 Jan 2017 | 9 Years 8 Months | Current |
| Mahesh Patil | Director | 18 Jan 2017 | 9 Years 8 Months | Current |
| Nidhi Tewari | Director | 18 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Alveo Software 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 Alveo Software Private Limited
Alveo Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Alveo Software Private Limited
Alveo Software operates one associated brand: Alveo Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers HR consulting services, including policy design, compliance, and talent management. | alveosoftware.com |
Employees and EPFO Compliance at Alveo Software Private Limited
Alveo Software Private Limited has a workforce of 18 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 Alveo Software Private Limited
Alveo Software Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Mahesh Patil ceased to be Additional Director on 17 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Alveo Software 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 Alveo Software 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 Alveo Software 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 Alveo Software Private Limited
Alveo Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA1456Q1Z0 | Maharashtra | Active | 28 Jun 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 Alveo Software 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 Alveo Software Private Limited
Alveo Software is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 January 2017 (9+ years old) and is registered under CIN U72900PN2017PTC168017.
Alveo Software reported revenue of ₹12.21 Cr for FY 2025 (up 15% YoY).
Alveo Software has 4 current directors:
- Shishir Avasthi - Director
- Ashish Suresh Gupta - Director
- Mahesh Patil - Director
- Nidhi Tewari - Director
Alveo Software reported a net profit of ₹7.27 Cr (net margin 59.5%) and EBITDA of ₹7.28 Cr (EBITDA margin 59.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alveo Software is 30% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alveo Software is 27AAPCA1456Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Alveo Software is U72900PN2017PTC168017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alveo Software was incorporated on 18 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Alveo Software by revenue are Clientscape Services India Private Limited, Veear Projects and Tech Private Limited, Rohan Enterprises and Maintenance Services Private Limited, Crew 4 Events Global Private Limited, Patel Manpower Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Mahesh Patil ceased to be Additional Director on 17 Dec 2018. Ashish Suresh Gupta was appointed as Director on 18 Jan 2017. Mahesh Patil was appointed as Director on 18 Jan 2017. Alveo Software has 5 board changes on record in total.
Yes, Alveo Software is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).