Sanvi Innovations Private Limited
About Sanvi Innovations Private Limited
Data last updated:
Sanvi Innovations Private Limited was a private limited company based in Bengaluru, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 February 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2013PTC067826. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sandeep Hiremath and Basavaraj Siddu Nyamagouda.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.16/1A 3rd Floor Haudin Road Off Ulsoor Road, Bengaluru, Karnataka, India – 560042.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7,770 (net margin -6.7%) and EBITDA of -₹7,758 (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 44% over five years.
Company details
Contact details
Sanvi Innovations Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.16/1A 3rd Floor Haudin Road Off Ulsoor Road, Bengaluru, Karnataka, India – 560042
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sanvi Innovations 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
Business activity
The main business activity of Sanvi Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Sanvi Innovations Private Limited, buy the company report.
Financials of Sanvi Innovations Private Limited
FY 2021 filings availableSanvi Innovations Private Limited reported revenue of ₹1.15 Lakh (up 4740% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years. EBITDA rose 98% 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
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| EBITDA | -₹7,758 | ||||
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| Net Profit (PAT) | -₹7,770 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -6.7% | ||||
| Net Profit Margin | -6.7% | ||||
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To see the full financial statements and ratios of Sanvi Innovations Private Limited, buy the company report.
Board of directors of Sanvi Innovations Private Limited
Sanvi Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Hiremath Also directs: Goflamingo Business Services Private Limited | Director | 04 Oct 2016 | 10 Years 0 Months | As last reported |
| Basavaraj Siddu Nyamagouda | Director | 11 Feb 2013 | 13 Years 8 Months | As last reported |
Auditor
Sanvi Innovations Private Limited is audited by M A N N & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A N N & CO | FY 2019 | 015205S |
Shareholding
The shareholding of Sanvi Innovations Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sanvi Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sanvi Innovations 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 Sanvi Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sanvi Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sanvi Innovations Private Limited, buy the company report.
Recent activity
Sanvi Innovations Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Sarvesh Gobburker Swami Rao ceased to be Director on 01 Apr 2019.
Frequently asked questions
Sanvi Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sanvi Innovations was a private limited company based in Bengaluru, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 11 February 2013 and is registered under CIN U72300KA2013PTC067826. The company has been struck off by the Registrar of Companies and is no longer operational.
Sanvi Innovations had 2 directors:
- Sandeep Hiremath - Director
- Basavaraj Siddu Nyamagouda - Director
The CIN (Corporate Identification Number) of Sanvi Innovations is U72300KA2013PTC067826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sanvi Innovations is at No.161A 3rd Floor Haudin Road Off Ulsoor Road, Bengaluru, Karnataka, India – 560042.
Sanvi Innovations was incorporated on 11 February 2013. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Sanvi Innovations on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Sanvi Innovations has 1 GST registration on record and it is cancelled or inactive.
Sanvi Innovations operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Sarvesh Gobburker Swami Rao ceased to be Director on 01 Apr 2019. Sandeep Hiremath ceased to be Additional Director on 29 Sep 2017. Sandeep Hiremath was appointed as Director on 04 Oct 2016. Sanvi Innovations has 4 board changes on record in total.
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