Passkey Technical Services Private Limited
About Passkey Technical Services Private Limited
Data last updated:
Passkey Technical Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 23 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U71130MH2009PTC195979. Its GSTIN is 27AAFCP6572Q1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bipin Ramesh Sule and Sanjay Vasantrao Keshaowar.
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 Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.03 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹8,790 (net margin 8.5%) and EBITDA of ₹35,670 (EBITDA margin 34.6%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressF No. 14 Shivmahima Apartment, 83 Pande Layout, Nagpur, Maharashtra, India – 440025
- IndustryInformation Technology, Software Development & 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 Passkey Technical Services Private Limited
The main business activity of Passkey Technical Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical 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 Passkey Technical Services Private Limited FY 2025 filings available
Passkey Technical Services Private Limited reported revenue of ₹1.03 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Passkey Technical Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 50% fall in the latest year. EBITDA fell 41% 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 Passkey Technical Services 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 | ₹35,670 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8,790 | •••• | •••• | •••• | •••• |
| 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 Passkey Technical Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• | •••• |
| 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 Passkey Technical Services are in the company report.
Financial statements from 2015
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 Passkey Technical Services Private Limited
Passkey Technical Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adzip Technologies Private Limited | ₹1.06 Lakh (FY 2024) | •••• | •••• | •••• | Bishrakh, Uttar Pradesh, India | |
| Claritrics Technologies Private Limited | ₹1.06 Lakh (FY 2021) | •••• | •••• | -77.0% | •••• | Chennai, Tamil Nadu, India |
| Neoamyra AI Solutions Private Limited | ₹1.05 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Magna Opus Software Services Private Limited | ₹1.05 Lakh (FY 2022) | •••• | •••• | •••• | Jalandhar, Punjab, India | |
| Katyayani Software Services and Education Private Limited | ₹1.05 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Passkey Technical Services Private Limited this company | ₹1.03 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Nagpur, Maharashtra, India |
| SRM Infomatrix (India) Private Limited | ₹1.02 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Khudrasoft Products and Services Private Limited | ₹1.02 Lakh (FY 2024) | •••• | •••• | 682.0% | •••• | Hyderabad, Telangana, India |
| Akanda Trading and Software Services Private Limited | ₹1.02 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
| Redpill Solutions India Private Limited | ₹1.01 Lakh (FY 2019) | •••• | •••• | •••• | Medavakkam Chennai, Tamil Nadu, India | |
| Apt Skills Software Services Private Limited | ₹1.01 Lakh (FY 2025) | •••• | •••• | 238.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Passkey Technical Services by revenue in the Information Technology industry (Software Services), 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 Passkey Technical Services Private Limited
Passkey Technical Services Private Limited is audited by P. M. SATHE & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P. M. SATHE & ASSOCIATES | 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 Passkey Technical Services Private Limited
Passkey Technical Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipin Ramesh Sule | Director | 11 Jun 2018 | 8 Years 4 Months | Current |
| Sanjay Vasantrao Keshaowar | Director | 28 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Passkey Technical Services 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 Passkey Technical Services Private Limited
Passkey Technical Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Passkey Technical Services Private Limited
Employment history and EPFO contributions of people linked to Passkey Technical Services.
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 Passkey Technical Services Private Limited
Passkey Technical Services Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Aishwarya Yeshwant Kashettiwar ceased to be Director on 25 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Passkey Technical Services 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 Passkey Technical Services 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 Passkey Technical Services 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 Passkey Technical Services Private Limited
Passkey Technical Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP6572Q1ZK | Maharashtra | Active | 01 Jul 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 Passkey Technical Services 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 Passkey Technical Services Private Limited
Passkey Technical Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 23 September 2009 (17+ years old) and is registered under CIN U71130MH2009PTC195979.
Passkey Technical Services reported revenue of ₹1.03 Lakh for FY 2025 (down 50% YoY).
Passkey Technical Services has 2 current directors:
- Bipin Ramesh Sule - Director
- Sanjay Vasantrao Keshaowar - Director
Passkey Technical Services reported a net profit of ₹8,790 (net margin 8.5%) and EBITDA of ₹35,670 (EBITDA margin 34.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Passkey Technical Services is -34% over three years and -22% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Passkey Technical Services is 27AAFCP6572Q1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Passkey Technical Services is U71130MH2009PTC195979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passkey Technical Services was incorporated on 23 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Passkey Technical Services by revenue are Adzip Technologies Private Limited, Claritrics Technologies Private Limited, Neoamyra AI Solutions Private Limited, Magna Opus Software Services Private Limited, Katyayani Software Services and Education Private Limited and 5 more, all in the Information Technology industry (Software Services).
Aishwarya Yeshwant Kashettiwar ceased to be Director on 25 Apr 2019. Yashawant Yadaorao Kashettiwar ceased to be Director on 25 Apr 2019. Sanjay Vasantrao Keshaowar was appointed as Director on 28 Dec 2018. Passkey Technical Services has 6 board changes on record in total.
The registered office of Passkey Technical Services is at F No. 14 Shivmahima Apartment, 83 Pande Layout, Nagpur, Maharashtra, India – 440025.