Bswift Technology Services Private Limited

Bswift Technology Services Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2012PTC236580 Incorporated 08 October 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Revenue · FY 2024
₹34.57 Cr
▼ 1% YoY
Net profit · FY 2024
₹3.35 Cr
Net margin 9.7%
EBITDA · FY 2024
₹4.37 Cr
EBITDA margin 12.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
286
Provident fund records
Directors on board
5
As per MCA filings

About Bswift Technology Services Private Limited

Data last updated:

Bswift Technology Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Evive Health Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 October 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2012PTC236580. Its GSTIN is 29AADCE1838L1ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Evive Software Analytics Private Limited. It is led by directors including Amaidhi Chandran (Managing Director) and Daya Kori.

Its last annual general meeting (AGM) was held on 19 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.57 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.35 Cr (net margin 9.7%) and EBITDA of ₹4.37 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.

The company has about 286 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Evive.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goevive.com.

Company details

CIN U72900MH2012PTC236580
Registration Number 236580
Incorporation Date 08 October 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Evive Health Llc
Compliance Status Active Compliant

Contact details

Bswift Technology Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is goevive.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Kmc Corporate Advisors 11 12 & 13 2nd Floor Medows House Medows Street Flora Fount, Ain., Mumbai, Maharashtra, India – 400001
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Bswift Technology Services Private Limited, buy the company report.

Comprehensive company report
Bswift Technology Services 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

Bswift Technology Services operates one associated brand: Evive. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-based solutions for employee benefit management are provided.goevive.com

Business activity

The main business activity of Bswift Technology Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Bswift Technology Services Private Limited, buy the company report.

Financials of Bswift Technology Services Private Limited

FY 2024 filings available

Bswift Technology Services Private Limited reported revenue of ₹34.57 Cr (down 1% YoY) for FY 2024.

Revenue · FY 2024
₹34.57 Cr ▼ 1%
Net profit · FY 2024
₹3.35 Cr margin 9.7%
EBITDA · FY 2024
₹4.37 Cr margin 12.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹4.37 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.35 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.6%
Net Profit Margin9.7%
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

To see the full financial statements and ratios of Bswift Technology Services Private Limited, buy the company report.

Board of directors of Bswift Technology Services Private Limited

Bswift Technology Services has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Daya KoriDirector21 Dec 20187 Years 10 MonthsCurrent
John Jeffrey HerbstDirector25 Sep 20242 Years 1 MonthsCurrent
Nitin Prakash BendbharDirector08 Oct 201214 Years 1 MonthsCurrent
Amaidhi ChandranManaging Director12 Aug 20251 Years 3 MonthsCurrent
Steven MillsAdditional Director03 Mar 20251 Years 8 MonthsCurrent

Peer comparison

Bswift Technology Services Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kairos Technologies Private Limited₹34.7 Cr (FY 2025)6.0%Hyderabad, Telangana, India
Copado India Private Limited₹34.7 Cr (FY 2024)0.0%Bangalore, Karnataka, India
Ticker Limited₹34.69 Cr (FY 2025)78.0%Mumbai, Maharashtra, India
Mize Software Solutions Private Limited₹34.68 Cr (FY 2025)-4.0%Bangalore, Karnataka, India
Bswift Technology Services Private Limitedthis company₹34.57 Cr (FY 2024)₹3.35 Cr9.7%-1.0%286Mumbai, Maharashtra, India
Pluang Technologies India Private Limited₹34.46 Cr (FY 2024)-8.0%Gurgaon, Haryana, India
First Insight Software Solutions India Private Limited₹34.43 Cr (FY 2025)-8.0%Pune, Maharashtra, India
Creliant Software Private Limited₹34.41 Cr (FY 2025)23.0%Pune, Maharashtra, India
E-Hub Corporate Services Private Limited₹34.33 Cr (FY 2024)7.0%Mumbai, Maharashtra, India

To see the full peer comparison of Bswift Technology Services Private Limited, buy the company report.

Auditor

Bswift Technology Services Private Limited is audited by KIRAN MEHTA & CO. CHARTERED ACCOUNTANTS for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KIRAN MEHTA & CO. CHARTERED ACCOUNTANTSFY 2023105188W

Shareholding

The shareholding of Bswift Technology Services 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bswift Technology Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bswift Technology Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bswift Technology Services Private Limited has a workforce of 286 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
286
Active EPFO establishments
1
Employee growth
207.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27286
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18

To see the full employee and EPFO history of Bswift Technology Services Private Limited, buy the company report.

GST

Bswift Technology Services has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AADCE1838L1ZCKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Bswift Technology Services Private Limited, buy the company report.

Recent activity

Bswift Technology Services Private Limited has 12 board changes on record since 2012: 5 appointments and 7 cessations. The latest: Amaidhi Chandran ceased to be Director on 17 Sep 2025.

Ceased
Amaidhi Chandran ceased to be Director.
Appointed
Amaidhi Chandran was appointed as Managing Director.
Appointed
Steven Mills was appointed as Additional Director.
Ceased
John Jeffrey Herbst ceased to be Director.
Appointed
John Jeffrey Herbst was appointed as Director.
Ceased
Peter Jay Saravis ceased to be Director.
Ceased
Prashant Srivastava ceased to be Director.
AGM
Bswift Technology Services Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.
Filing
Bswift Technology Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Keval Dilipkumar Desai ceased to be Managing Director.
Appointed
Daya Kori was appointed as Director.
Ceased
Raghu Venkat ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Bswift Technology Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 October 2012 (14+ years old) and is registered under CIN U72900MH2012PTC236580.

Bswift Technology Services has 5 current directors:

The latest financial statements of Bswift Technology Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Bswift Technology Services is 29AADCE1838L1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Bswift Technology Services is U72900MH2012PTC236580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bswift Technology Services was incorporated on 08 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Bswift Technology Services by revenue are Kairos Technologies Private Limited, Copado India Private Limited, Ticker Limited, Mize Software Solutions Private Limited, Pluang Technologies India Private Limited and 3 more, all in the same principal business activity (other information & communication service activities).

Amaidhi Chandran ceased to be Director on 17 Sep 2025. Amaidhi Chandran was appointed as Managing Director on 12 Aug 2025. Steven Mills was appointed as Additional Director on 03 Mar 2025. Bswift Technology Services has 12 board changes on record in total.

Bswift Technology Services can be reached through the website goevive.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Bswift Technology Services is at Kmc Corporate Advisors 11 12 & 13 2nd Floor Medows House Medows Street Flora Fount, Ain., Mumbai, Maharashtra, India – 400001.

Bswift Technology Services operates in the information technology industry, in the IT consulting and support services segment.