Techverve Solutions Private Limited

Techverve Solutions Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2011PTC061745 Incorporated 20 December 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Revenue · FY 2026
₹2.26 Cr
▲ 51% YoY
Net profit · FY 2026
₹7.95 Lakh
Net margin 3.5%
EBITDA · FY 2026
₹32.74 Lakh
EBITDA margin 14.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹14.79 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
12
Provident fund records
Directors on board
3
As per MCA filings

About Techverve Solutions Private Limited

Data last updated:

Techverve Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC061745. Its GSTIN is 29AAECT0701A1ZZ (Karnataka).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.79 Lakh. It is led by directors including Rahul Pandey (Managing Director) and Padmaprasada.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bengaluru, Karnataka.

As per the financials filed for FY 2026, the company reported a revenue of ₹2.26 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹7.95 Lakh (net margin 3.5%) and EBITDA of ₹32.74 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 20% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Techverves. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in May 2023.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techverves.com.

Company details

CIN U72900KA2011PTC061745
Registration Number 061745
Incorporation Date 20 December 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Techverve Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is techverves.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No. 30/31 3rd Floor Bk Circle Kothnur Dinne Main Road J P Nagar 8th P, Hase, Bengaluru, Karnataka, India – 560076
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Techverve Solutions Private Limited, buy the company report.

Comprehensive company report
Techverve Solutions 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

Techverve Solutions operates one associated brand: Techverves. Each brand links to its own profile.

BrandDescriptionWebsite
Software-based platform for core banking solutionstechverves.com

Business activity

The main business activity of Techverve Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Techverve Solutions Private Limited, buy the company report.

Financials of Techverve Solutions Private Limited

FY 2026 filings available

Techverve Solutions Private Limited reported revenue of ₹2.26 Cr (up 51% YoY) for FY 2026.

Revenue · FY 2026
₹2.26 Cr ▲ 51%
Net profit · FY 2026
₹7.95 Lakh margin 3.5%
EBITDA · FY 2026
₹32.74 Lakh margin 14.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 24%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 504%
3 years · compounded
▼ 21%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 51% growth in the latest year. EBITDA rose 504% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹2.26 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹32.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.95 Lakh
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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin14.5%
Net Profit Margin3.5%
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

To see the full financial statements and ratios of Techverve Solutions Private Limited, buy the company report.

Board of directors of Techverve Solutions Private Limited

Techverve Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
PadmaprasadaDirector20 Dec 201114 Years 10 MonthsCurrent
Ravindra Shetty KayandoorDirector24 Sep 201610 Years 1 MonthsCurrent
Rahul PandeyManaging Director05 Jun 201511 Years 5 MonthsCurrent

Auditor

Techverve Solutions Private Limited is audited by A R T S & Co Chartered Accountants for the financial year 2026.

Auditor firmFinancial yearFirm registration number
A R T S & Co Chartered AccountantsFY 2026018060S

Shareholding

The shareholding of Techverve Solutions Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Techverve Solutions Private Limited, buy the company report.

Deals & funding

Techverve Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in May 2023.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
May 2023AcquisitionUndisclosedBuyer: Techurate Systems Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Techverve Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Techverve Solutions Private Limited has a workforce of 12 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-25%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2712
FY 2025-26
FY 2024-25
FY 2023-24

To see the full employee and EPFO history of Techverve Solutions Private Limited, buy the company report.

GST

Techverve Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECT0701A1ZZKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Techverve Solutions Private Limited, buy the company report.

Recent activity

Techverve Solutions Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Sheethal Maddodi ceased to be Director on 09 Jun 2020.

Filing
Techverve Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Techverve Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Sheethal Maddodi ceased to be Director.
Ceased
Santosh Palan ceased to be Director.
Ceased
Sathvik Shrinivasa Rao ceased to be Director.
Ceased
Rahul Pandey ceased to be Director.
Appointed
Ravindra Shetty Kayandoor was appointed as Director.
Appointed
Rahul Pandey was appointed as Managing Director.
Ceased
Padmaprasada ceased to be Director.
Appointed
Padmaprasada was appointed as Director.
Incorporation
20 Dec 2011
Techverve Solutions Private Limited was registered on 20 Dec 2011 with Roc Bangalore & aged 14 years 10 months as per MCA records.

News

Techurate Acquires 100% stake in Techverse
22 May 2023 · Business News This Week

Frequently asked questions

Techverve Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 December 2011 (15+ years old) and is registered under CIN U72900KA2011PTC061745.

Techverve Solutions has 3 current directors:

The latest financial statements of Techverve Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Techverve Solutions is 29AAECT0701A1ZZ, registered in Karnataka.

The CIN (Corporate Identification Number) of Techverve Solutions is U72900KA2011PTC061745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Techverve Solutions has 1 court case on record: 1 filed against it. 1 is pending.

Techverve Solutions was incorporated on 20 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Techverve Solutions has 1 deal on record (1 acquisition); the latest was in May 2023.

Sheethal Maddodi ceased to be Director on 09 Jun 2020. Santosh Palan ceased to be Director on 28 Sep 2018. Sathvik Shrinivasa Rao ceased to be Director on 28 Sep 2018. Techverve Solutions has 8 board changes on record in total.

Techverve Solutions can be reached through the website techverves.com. Its registered office is in Bengaluru, Karnataka, India.