Tekvity Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2016PTC097958 Incorporated 22 November 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2022
₹1.17 Lakh
▲ 13137% YoY
Net profit · FY 2022
₹16,033
Net margin 13.7%
EBITDA · FY 2022
₹27,720
EBITDA margin 23.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Tekvity Private Limited

Data last updated:

Tekvity Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 22 November 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC097958. Its GSTIN is 29AAFCT9918E1ZX (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jayaram Achappa and Shankarrao Sudhir Kaggallu.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #971/30 2 Ndfloor 15 Thacrossasectoryelahanka Newtown, Bangalore, Karnataka, India – 560064.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16,033 (net margin 13.7%) and EBITDA of ₹27,720 (EBITDA margin 23.8%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 37% over five years.

The company is associated with 1 brand: Tekvity.

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

Company details

CIN U72900KA2016PTC097958
Registration Number 097958
Incorporation Date 22 November 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Tekvity

DPIIT recognised startup Government of India
Startup India

Contact details

Tekvity Private Limited's registered office is in Bangalore, Karnataka. Its website is tekvity.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    #971/30 2 Ndfloor 15 Thacrossasectoryelahanka Newtown, Bangalore, Karnataka, India – 560064
  • Industry
    Information Technology, Computer Programming, Consultancy

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

Comprehensive company report
Tekvity 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

Tekvity operates one associated brand: Tekvity. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive website and mobile application development, along with digital marketing services.tekvity.com

Business activity

The main business activity of Tekvity is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Tekvity Private Limited

FY 2023 filings available

Tekvity Private Limited reported revenue of ₹1.17 Lakh (up 13137% YoY) for FY 2022.

Revenue · FY 2022
₹1.17 Lakh ▲ 13137%
Net profit · FY 2022
₹16,033 margin 13.7%
EBITDA · FY 2022
₹27,720 margin 23.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 50%
5 years · compounded
▼ 37%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 29%
5 years · compounded
▲ 15%

Revenue has declined at a compounded annual rate (CAGR) of 37% over five years. EBITDA rose 107% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹27,720
Profit Before Tax
Tax Expense
Net Profit (PAT)₹16,033
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin23.8%
Net Profit Margin13.7%
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 Tekvity Private Limited, buy the company report.

Board of directors of Tekvity Private Limited

Tekvity has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayaram AchappaDirector22 Nov 20169 Years 11 MonthsCurrent
Shankarrao Sudhir KaggalluDirector22 Nov 20169 Years 11 MonthsCurrent
Sudhindra NanjundaiahDirector22 Nov 20169 Years 11 MonthsCurrent
Veena GopalakrishnaDirector06 Dec 20187 Years 10 MonthsCurrent

Peer comparison

Tekvity Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gyanway Global Solutions Private Limited₹1.17 Lakh (FY 2024)-22.0%Vidisha, Madhya Pradesh, India
Sarvarupa Tie-Up Private Limited₹1.17 Lakh (FY 2021)164.0%Kolkata, West Bengal, India
Brofin Fintech Private Limited₹1.17 Lakh (FY 2023)31.0%Delhi, India
Uptron Commotrade Private Limited₹1.17 Lakh (FY 2019)17.0%Gorakhpur, Uttar Pradesh, India
Tekvity Private Limitedthis company₹1.17 Lakh (FY 2022)₹16,03313.7%13137.0%Bangalore, Karnataka, India
Habitat Knowledge Building Private Limited₹1.17 Lakh (FY 2023)9.0%Hyderabad, Telangana, India
Zealium Technologies Private Limited₹1.17 Lakh (FY 2025)291.0%Pune, Maharashtra, India
Xeten System and Solutions Private Limited₹1.17 Lakh (FY 2019)Thrissur, Kerala, India

To see the full peer comparison of Tekvity Private Limited, buy the company report.

Auditor

Tekvity Private Limited is audited by VISHNUANDASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
VISHNUANDASSOCIATESFY 2017013613S

Shareholding

The shareholding of Tekvity Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

MSME payment delays

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

GST

Tekvity has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCT9918E1ZXKarnatakaActive03 Aug 2017

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

Recent activity

Tekvity Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Veena Gopalakrishna was appointed as Director on 06 Dec 2018.

AGM
Tekvity Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Tekvity Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Veena Gopalakrishna was appointed as Director.
Ceased
Chitlur Jagannath Narasimha Murthy ceased to be Director.
Ceased
Shreedhar Bhat ceased to be Director.
Appointed
Jayaram Achappa was appointed as Director.
Appointed
Shankarrao Sudhir Kaggallu was appointed as Director.
Appointed
Sudhindra Nanjundaiah was appointed as Director.
Incorporation
22 Nov 2016
Tekvity Private Limited was registered on 22 Nov 2016 with Roc Bangalore & aged 9 years 11 months as per MCA records.

Frequently asked questions

Tekvity is an active private limited company based in Bangalore, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 22 November 2016 (10+ years old) and is registered under CIN U72900KA2016PTC097958.

Tekvity has 4 current directors:

The latest financial statements of Tekvity on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Tekvity is 29AAFCT9918E1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Tekvity is U72900KA2016PTC097958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tekvity was incorporated on 22 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Tekvity by revenue are Gyanway Global Solutions Private Limited, Sarvarupa Tie-Up Private Limited, Brofin Fintech Private Limited, Uptron Commotrade Private Limited, Habitat Knowledge Building Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).

Veena Gopalakrishna was appointed as Director on 06 Dec 2018. Chitlur Jagannath Narasimha Murthy ceased to be Director on 28 Sep 2018. Shreedhar Bhat ceased to be Director on 28 Sep 2018. Tekvity has 6 board changes on record in total.

Yes, Tekvity is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Tekvity can be reached through the website tekvity.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Tekvity is at #97130 2 Ndfloor 15 Thacrossasectoryelahanka Newtown, Bangalore, Karnataka, India – 560064.