MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0017768
Portwell India Technology Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.24 Cr
▲ 302% YoY
Net profit · FY 2025
₹1.58 Cr
Net margin 19.2%
EBITDA · FY 2025
₹1.59 Cr
EBITDA margin 19.2%
Authorised capital
₹5.8 Cr
Registered with MCA
Paid-up capital
₹5.64 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
9
Provident fund records
Directors on board
4
As per MCA filings
About Portwell India Technology Private Limited
Data last updated:
Portwell India Technology Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Portwell Inc.. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013FTC071677. Its GSTIN is 29AAHCP4537D1ZC (Karnataka).
The company has an authorised share capital of ₹5.8 Cr and a paid-up capital of ₹5.64 Cr. It is led by directors including Mao Chiang Chen and Sunil Nagaraj Veena.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7/3 3rd Floor Jeet Dynasty Swamy Vivekananda Road Nagavarapalya, Bangalore, Karnataka, India – 560093.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.58 Cr (net margin 19.2%) and EBITDA of ₹1.59 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 3% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Portwell and Portwell.
Portwell India Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0017768). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website portwell.in.
Company details
CIN U72200KA2013FTC071677
Registration Number 071677
Incorporation Date 05 November 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Portwell Inc.
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0017768
Recognitions & Rankings of Portwell India Technology
Contact details
Portwell India Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is portwell.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7/3 3rd Floor Jeet Dynasty Swamy Vivekananda Road Nagavarapalya, Bangalore, Karnataka, India – 560093
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Portwell India Technology Private Limited, buy the company report.
Comprehensive company report
Portwell India Technology 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
Portwell India Technology operates two associated brands: Portwell and Portwell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial computer systems are manufactured by Portwell for various applications. | portwell.com | |
| Manufacturer of embedded systems, industrial PCs, box PCs, and related solutions | portwell.in |
Business activity
The main business activity of Portwell India Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Portwell India Technology Private Limited, buy the company report.
Financials of Portwell India Technology Private Limited
FY 2024 filings availablePortwell India Technology Private Limited reported revenue of ₹8.24 Cr (up 302% YoY) for FY 2025.
Revenue · FY 2025
₹8.24 Cr ▲ 302%
Net profit · FY 2025
₹1.58 Cr margin 19.2%
EBITDA · FY 2025
₹1.59 Cr margin 19.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 302%
3 years · compounded
▲ 43%
5 years · compounded
▲ 3%
EBITDA CAGR growth
3 years · compounded
▲ 217%
5 years · compounded
▲ 150%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 302% growth 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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| Total Expenses | |||||
| EBITDA | ₹1.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.58 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 19.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Portwell India Technology Private Limited, buy the company report.
Board of directors of Portwell India Technology Private Limited
Portwell India Technology has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mao Chiang Chen Also directs: Posiflex Technology (India) Private Limited | Director | 31 Jan 2019 | 7 Years 9 Months | Current |
| Sunil Nagaraj Veena | Director | 31 Jan 2019 | 7 Years 9 Months | Current |
| Dinesh Rao Ullal Also directs: Mustek Technologies Private Limited, Qugo Travel Technologies Private Limited, Vizicart Technologies Private Limited and 2 more | Director | 31 Jan 2019 | 7 Years 9 Months | Current |
| Yen Chia Yi | Director | 31 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Portwell India Technology Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fenix Computech Private Limited | ₹8.25 Cr (FY 2025) | -25.0% | Rajkot, Gujarat, India | |||
| Ashvi Building Technologies Private Limited | ₹8.25 Cr (FY 2025) | 67.0% | Bangalore, Karnataka, India | |||
| Dubaria Computers Private Limited | ₹8.25 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Portwell India Technology Private Limitedthis company | ₹8.24 Cr (FY 2025) | ₹1.58 Cr | 19.2% | 302.0% | 9 | Bangalore, Karnataka, India |
| Netsoft Consulting Services Private Limited | ₹8.24 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Portwell India Technology Private Limited, buy the company report.
Auditor
Portwell India Technology Private Limited is audited by Adarsh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Adarsh & Co. | FY 2023 | 007709S |
Shareholding
The shareholding of Portwell India Technology 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Portwell India Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Portwell India Technology 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 Portwell India Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Portwell India Technology Private Limited has a workforce of 9 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
80%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 9 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Portwell India Technology Private Limited, buy the company report.
GST
Portwell India Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP4537D1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Portwell India Technology Private Limited, buy the company report.
Recent activity
Portwell India Technology Private Limited has 9 board changes on record since 2018: 5 appointments and 4 cessations. The latest: Chang Chewei ceased to be Managing Director on 24 Aug 2019.
AGM
Portwell India Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Portwell India Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Chang Chewei ceased to be Managing Director.
Ceased
Chien Chang Huang ceased to be Director.
Ceased
Chih Ping Huang ceased to be Director.
Appointed
Dinesh Rao Ullal was appointed as Director.
Appointed
Li I Ching was appointed as Director.
Appointed
Mao Chiang Chen was appointed as Director.
Appointed
Sunil Nagaraj Veena was appointed as Director.
Appointed
Yen Chia Yi was appointed as Director.
Ceased
Hsuan Ming Chang ceased to be Director.
Incorporation
05 Nov 2013
Portwell India Technology Private Limited was registered on 05 Nov 2013 with Roc Bangalore & aged 13 years 7 days as per MCA records.
News
Frequently asked questions
Portwell India Technology is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 November 2013 (13+ years old) and is registered under CIN U72200KA2013FTC071677.
Portwell India Technology has 4 current directors:
- Mao Chiang Chen - Director
- Sunil Nagaraj Veena - Director
- Dinesh Rao Ullal - Director
- Yen Chia Yi - Director
The latest financial statements of Portwell India Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Portwell India Technology is 29AAHCP4537D1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Portwell India Technology is U72200KA2013FTC071677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Portwell India Technology was incorporated on 05 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Portwell India Technology by revenue are Fenix Computech Private Limited, Ashvi Building Technologies Private Limited, Dubaria Computers Private Limited, Netsoft Consulting Services Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Chang Chewei ceased to be Managing Director on 24 Aug 2019. Chien Chang Huang ceased to be Director on 24 Aug 2019. Chih Ping Huang ceased to be Director on 24 Aug 2019. Portwell India Technology has 9 board changes on record in total.
Yes, Portwell India Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0017768).
Portwell India Technology can be reached through the website portwell.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Portwell India Technology is at 73 3rd Floor Jeet Dynasty Swamy Vivekananda Road Nagavarapalya, Bangalore, Karnataka, India – 560093.
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