About Nyovate India Private Limited
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Nyovate India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2020PTC131510. Its GSTIN is 29AAFCH1765F1ZI (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hanatech Solutions Private Limited. It is led by directors Afrose Fathima Sherifudeen and Mohammed Nizamuddin Sharfuddin.
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 Sector 1, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.54 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Cr (net margin 13.1%) and EBITDA of ₹2.47 Cr (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: Hanatech Solutions.
For more details, the company can be reached via its website hanatechpvt.com.
Company details
Contact details
Nyovate India Private Limited's registered office is in Bangalore, Karnataka. Its website is hanatechpvt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address677 1st Floor Suite No 952 27th, Main 13th Cross Hsr Layout Sector 1, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nyovate India Private Limited, buy the company report.
- 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
Brands
Nyovate India operates one associated brand: Hanatech Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fintech solutions and services are provided for businesses in the finance sector. | hanatechpvt.com |
Business activity
The main business activity of Nyovate India is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Nyovate India Private Limited, buy the company report.
Financials of Nyovate India Private Limited
FY 2025 filings availableNyovate India Private Limited reported revenue of ₹12.54 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 7% growth in the latest year. EBITDA rose 6% 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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| EBITDA | ₹2.47 Cr | ||||
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| Net Profit (PAT) | ₹1.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Nyovate India Private Limited, buy the company report.
Board of directors of Nyovate India Private Limited
Nyovate India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Afrose Fathima Sherifudeen Also directs: Nyavx Solutions Private Limited, Najah Logistics Private Limited | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
| Mohammed Nizamuddin Sharfuddin Also directs: Nyavx Solutions Private Limited | Director | 10 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Nyovate India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hgi Hub City Technologies Private Limited | ₹12.95 Cr (FY 2025) | 245.0% | Hyderabad, Telangana, India | |||
| Finite 4 Engineering Consultancy Services Private Limited | ₹12.92 Cr (FY 2024) | 24.0% | Pune, Maharashtra, India | |||
| Sincetele Info Solutions Private Limited | ₹12.88 Cr (FY 2025) | -45.0% | Navi Mumbai, Maharashtra, India | |||
| Enterprise Product Integration Private Limited | ₹12.85 Cr (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Ligiotec Solutions Private Limited | ₹12.63 Cr (FY 2025) | 80.0% | Chennai, Tamil Nadu, India | |||
| Nyovate India Private Limitedthis company | ₹12.54 Cr (FY 2025) | ₹1.65 Cr | 13.1% | 7.0% | Bangalore, Karnataka, India | |
| Surestep Ventures Private Limited | ₹12.42 Cr (FY 2025) | 84.0% | Kankinara, West Bengal, India | |||
| Asha Publicity Private Limited | ₹12.4 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Saikrupa Photo Offset Private Limited | ₹12.37 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Cultnerds IT Solutions Private Limited | ₹12.24 Cr (FY 2025) | 46.0% | Hyderabad, Telangana, India | |||
| Cyberangers Private Limited | ₹12.21 Cr (FY 2025) | -64.0% | Chowni, Telangana, India |
To see the full peer comparison of Nyovate India Private Limited, buy the company report.
Auditor
Nyovate India Private Limited is audited by ASJC and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASJC and Co | FY 2023 | 019421S |
Shareholding
The shareholding of Nyovate India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nyovate India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nyovate India 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 Nyovate India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nyovate India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH1765F1ZI | Karnataka | Active | 28 Feb 2020 |
To see the full GST registrations and return filing status of Nyovate India Private Limited, buy the company report.
Recent activity
Nyovate India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Afrose Fathima Sherifudeen was appointed as Director on 10 Jan 2020.
Frequently asked questions
Nyovate India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 January 2020 (6+ years old) and is registered under CIN U72200KA2020PTC131510.
Nyovate India has 2 current directors:
- Afrose Fathima Sherifudeen - Director
- Mohammed Nizamuddin Sharfuddin - Director
The latest financial statements of Nyovate India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nyovate India is 29AAFCH1765F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Nyovate India is U72200KA2020PTC131510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nyovate India was incorporated on 10 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nyovate India by revenue are Hgi Hub City Technologies Private Limited, Finite 4 Engineering Consultancy Services Private Limited, Sincetele Info Solutions Private Limited, Enterprise Product Integration Private Limited, Ligiotec Solutions Private Limited and 5 more, all in the same principal business activity (information service activities).
Afrose Fathima Sherifudeen was appointed as Director on 10 Jan 2020. Mohammed Nizamuddin Sharfuddin was appointed as Director on 10 Jan 2020.
Nyovate India can be reached through the website hanatechpvt.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nyovate India is at 677 1st Floor Suite No 952 27th, Main 13th Cross Hsr Layout Sector 1, Bangalore, Karnataka, India – 560102.
Nyovate India operates in the information technology industry, in the IT consulting and support services segment.
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