
About SHG Technologies Private Limited
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SHG Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC139576. Its GSTIN is 29ABECS6209D1ZD (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹11.16 Lakh. It is led by directors including Seetharam Muthangi and Dasararaju Janardhana Raju.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #21 3rd Floor Hiprofiles Business Centres 1A Church Street, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.09 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹57.7 Lakh (net margin 7.1%) and EBITDA of ₹77.48 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years.
The company is associated with 1 brand: SHG Technologies.
SHG Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030406). For more details, the company can be reached via its website shgtechnologies.com.
Company details
Recognitions & Rankings of SHG Technologies
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0030406
Contact details
SHG Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is shgtechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#21 3rd Floor Hiprofiles Business Centres 1A Church Street, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of SHG Technologies 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
SHG Technologies operates one associated brand: SHG Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops wearable tech for vision aid and independence for the visually impaired. | shgtechnologies.com |
Business activity
The main business activity of SHG Technologies 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 SHG Technologies Private Limited, buy the company report.
Financials of SHG Technologies Private Limited
FY 2025 filings availableSHG Technologies Private Limited reported revenue of ₹8.09 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 143%. EBITDA fell 73% 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 | ₹77.48 Lakh | ||||
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| Net Profit (PAT) | ₹57.7 Lakh | ||||
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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 | 9.6% | ||||
| Net Profit Margin | 7.1% | ||||
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To see the full financial statements and ratios of SHG Technologies Private Limited, buy the company report.
Board of directors of SHG Technologies Private Limited
SHG Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seetharam Muthangi Also directs: Blind Vision Foundation | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Dasararaju Janardhana Raju Also directs: Blind Vision Foundation | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Lokesh Agarwal | Director | 15 Sep 2022 | 4 Years 1 Months | Current |
Auditor
SHG Technologies Private Limited is audited by GANESHA BHIDE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESHA BHIDE | FY 2023 | 208485 |
Shareholding
The shareholding of SHG Technologies 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 SHG Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SHG Technologies 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 SHG Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SHG Technologies Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
SHG Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS6209D1ZD | Karnataka | Active | 03 Nov 2020 |
| 33ABECS6209D1ZO | Tamil Nadu | Active | 12 Apr 2023 |
To see the full GST registrations and return filing status of SHG Technologies Private Limited, buy the company report.
Recent activity
SHG Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Lokesh Agarwal was appointed as Director on 15 Sep 2022.
Frequently asked questions
SHG Technologies 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 09 October 2020 (6+ years old) and is registered under CIN U72900KA2020PTC139576.
SHG Technologies has 3 current directors:
- Seetharam Muthangi - Director
- Dasararaju Janardhana Raju - Director
- Lokesh Agarwal - Director
The latest financial statements of SHG Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of SHG Technologies is 29ABECS6209D1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33ABECS6209D1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of SHG Technologies is U72900KA2020PTC139576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SHG Technologies was incorporated on 09 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Lokesh Agarwal was appointed as Director on 15 Sep 2022. Dasararaju Janardhana Raju was appointed as Director on 09 Oct 2020. Seetharam Muthangi was appointed as Director on 09 Oct 2020.
Yes, SHG Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, SHG Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0030406).
SHG Technologies can be reached through the website shgtechnologies.com. Its registered office is in Bangalore, Karnataka, India.