Hivelance Technologies Private Limited
About Hivelance Technologies Private Limited
Data last updated:
Hivelance Technologies Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021PTC146769.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Sankar Pandi Gowtham and Abdulajiskhan Sulthansyedibrahim.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Madurai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.66 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Lakh (net margin 8.2%) and EBITDA of ₹5.35 Lakh (EBITDA margin 9.6%).
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hivelance.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.52 Kannathasan Street, Ss Colony 9th Street, Madurai, Tamil Nadu, India – 625016
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Hivelance Technologies Private Limited
The main business activity of Hivelance Technologies 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 Hivelance Technologies Private Limited FY 2025 filings available
Hivelance Technologies Private Limited reported revenue of ₹55.66 Lakh (up 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hivelance Technologies Private Limited
Revenue rose 81% in the latest year. EBITDA rose 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Hivelance Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹5.35 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.54 Lakh | •••• | •••• |
| 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 Hivelance Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.6% | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• |
| 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 Hivelance Technologies are in the company report.
Financial statements from FY 2022
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 Hivelance Technologies Private Limited
Hivelance Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Optimum Software Solutions Private Limited | ₹55.79 Lakh (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Sri Anjaneyam Consulting Services Private Limited | ₹55.75 Lakh (FY 2023) | •••• | •••• | 4086.0% | •••• | Puttanahalli, Karnataka, India |
| Desss Applying Technology Private Limited | ₹55.72 Lakh (FY 2021) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| Equalitas Systemcert Private Limited | ₹55.66 Lakh (FY 2025) | •••• | •••• | 532.0% | •••• | New Delhi, Delhi, India |
| Omva Data Solutions Private Limited | ₹55.66 Lakh (FY 2023) | •••• | •••• | 9.0% | •••• | Mohali, Punjab, India |
| Hivelance Technologies Private Limited this company | ₹55.66 Lakh (FY 2024) | •••• | •••• | 81.0% | •••• | Madurai, Tamil Nadu, India |
| CGS Electronics India Private Limited | ₹55.65 Lakh (FY 2024) | •••• | •••• | 119.0% | •••• | Bangalore, Karnataka, India |
| Ethical Webtech Services Private Limited | ₹55.64 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Thinkpace Techsys Private Limited | ₹55.62 Lakh (FY 2018) | •••• | •••• | 208.0% | •••• | Mangalore, Karnataka, India |
| Peabody Soft Private Limited | ₹55.6 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Hyderabad, Telangana, India |
| Ultima Store Private Limited | ₹55.59 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Hivelance Technologies by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Hivelance Technologies Private Limited
Hivelance Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankar Pandi Gowtham | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
| Abdulajiskhan Sulthansyedibrahim | Director | 04 Oct 2021 | 5 Years 0 Months | Current |
Charges & Borrowings of Hivelance Technologies Private Limited
Hivelance Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Hivelance Technologies Private Limited
Hivelance Technologies operates one associated brand: Hivelance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive blockchain app development solutions for clients. | hivelance.com |
Employees and EPFO Compliance at Hivelance Technologies Private Limited
Employment history and EPFO contributions of people linked to Hivelance Technologies.
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 Hivelance Technologies Private Limited
Hivelance Technologies Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Mohamed Humayun Khajasulthan Allaudeen ceased to be Additional Director on 31 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Hivelance Technologies 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 Hivelance Technologies 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 Hivelance Technologies 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 Hivelance Technologies Private Limited
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 Hivelance Technologies 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 Hivelance Technologies Private Limited
Hivelance Technologies is an active private limited company based in Madurai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 October 2021 (5+ years old) and is registered under CIN U72900TN2021PTC146769.
Hivelance Technologies reported revenue of ₹55.66 Lakh for FY 2024 (up 81% YoY).
Hivelance Technologies has 2 current directors:
- Sankar Pandi Gowtham - Director
- Abdulajiskhan Sulthansyedibrahim - Director
Hivelance Technologies reported a net profit of ₹4.54 Lakh (net margin 8.2%) and EBITDA of ₹5.35 Lakh (EBITDA margin 9.6%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Hivelance Technologies is U72900TN2021PTC146769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hivelance Technologies was incorporated on 04 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Hivelance Technologies by revenue are Optimum Software Solutions Private Limited, Sri Anjaneyam Consulting Services Private Limited, Desss Applying Technology Private Limited, Equalitas Systemcert Private Limited, Omva Data Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Mohamed Humayun Khajasulthan Allaudeen ceased to be Additional Director on 31 Jan 2024. Abdulajiskhan Sulthansyedibrahim was appointed as Director on 04 Oct 2021. Sankar Pandi Gowtham was appointed as Director on 04 Oct 2021.
The registered office of Hivelance Technologies is at No.52 Kannathasan Street, Ss Colony 9th Street, Madurai, Tamil Nadu, India – 625016.
Hivelance Technologies has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh.
Hivelance Technologies operates in the information technology industry, in the application development and software solutions segment.