About Tietoevry India Private Limited
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Tietoevry India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Tieto Netherlands Holding B.V.. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 30 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2007PTC169538. Its GSTIN is 29AADCC0744R1Z7 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹4.65 Cr and a paid-up capital of ₹18.36 Lakh. It was formerly known as Tieto India Private Limited and Softinn Software Services Private Limited. It is led by directors Mikael Erik Thun and Ashwani Kumar Batra.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground & 5th Floor Wing 1 Cluster D, Eon Free Zone MIDC Kharadi Knowledge Park Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹240.47 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹21.07 Cr (net margin 8.8%) and EBITDA of ₹41.95 Cr (EBITDA margin 17.4%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 16% over five years.
The company has about 904 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: TietoEVRY. The company has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in August 2020. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tietoevry.com.
Company details
Name history
Tietoevry India has undergone 3 name changes throughout its history. The company was previously known as Tieto India Private Limited, Softinn Software Services Private Limited, and Calippus Tech (India) Private Limited. The current legal name is Tietoevry India Private Limited.
| Company Name | Status |
|---|---|
| Tietoevry India Private Limited | Current |
| Tieto India Private Limited | Previous |
| Softinn Software Services Private Limited | Previous |
| Calippus Tech (India) Private Limited | Previous |
CIN history
Tietoevry India has one previous CIN (Corporate Identification Number): U72900KA2007PTC042642. The current CIN is U72900PN2007PTC169538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2007PTC169538 | Current |
| U72900KA2007PTC042642 | Previous |
Contact details
Tietoevry India Private Limited's registered office is in Pune, Maharashtra. Its website is tietoevry.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround & 5th Floor Wing 1 Cluster D, Eon Free Zone MIDC Kharadi Knowledge Park Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services
To see the full contact details of Tietoevry India 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
Tietoevry India operates one associated brand: TietoEVRY. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of software, digital engineering, and IT services for various industries | tietoevry.com |
Business activity
The main business activity of Tietoevry India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Tietoevry India Private Limited, buy the company report.
Financials of Tietoevry India Private Limited
FY 2025 filings availableTietoevry India Private Limited reported revenue of ₹240.47 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹240.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹41.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.07 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Tietoevry India Private Limited, buy the company report.
Board of directors of Tietoevry India Private Limited
Tietoevry India has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mikael Erik Thun | Director | 22 Aug 2023 | 3 Years 2 Months | Current |
| Ashwani Kumar Batra | Director | 30 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Tietoevry India Private Limited is audited by Deloitte Haskins & Sells Llp for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells Llp | FY 2025 | 117366W/W-100018 |
Shareholding
The shareholding of Tietoevry India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tietoevry India Private Limited, buy the company report.
Deals & funding
Tietoevry India Private Limited has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in August 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Secondary share transfer | Undisclosed | Seller: Tieto Netherlands Holding Bv |
| Apr 2019 | Secondary share transfer | Undisclosed | Seller: Tieto Netherlands Holding Bv |
| Mar 2017 | Rights issue | ₹549.9 Cr | Investors: Tieto Netherlands Holding Bv |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Tieto Netherlands Holding Bv, an individual Seller: 2 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Tietoevry India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tietoevry India 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
Tietoevry India Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Baldor Technologies Private Limited | |||
| RS Digital Controls Private Limited | |||
| an individual supplier | |||
| Rentokil Initial Hygiene India Private Limited | |||
| Phadke Cars Private Limited |
To see the full MSME payment records of Tietoevry India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tietoevry India has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tietoevry Connect India Private Limited | U72900PN2022PTC216521 | |
| Tietoevry Fintech India Private Limited | U72900PN2022PTC216987 |
To see the full group structure of Tietoevry India Private Limited, buy the company report.
Employees & EPFO
Tietoevry India Private Limited has a workforce of 904 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 904 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 | |
| FY 2013-14 | |
| FY 2012-13 | |
| FY 2011-12 | |
| FY 2010-11 | |
| FY 2009-10 |
To see the full employee and EPFO history of Tietoevry India Private Limited, buy the company report.
GST
Tietoevry India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC0744R1Z7 | Karnataka | Active | 01 Jul 2017 |
| 27AADCC0744R1ZB | Maharashtra | Active | 01 Jul 2018 |
| 27AADCC0744R2ZA | Maharashtra | Active | 01 Jul 2018 |
| 29AADCC0744R2Z6 | Karnataka | Active | 29 Dec 2021 |
To see the full GST registrations and return filing status of Tietoevry India Private Limited, buy the company report.
Recent activity
Tietoevry India Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Mikael Erik Thun was appointed as Director on 22 Aug 2023.
4 earlier events are in the company report.
News
Frequently asked questions
Tietoevry India is an active private limited company based in Pune, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 30 April 2007 (19+ years old) and is registered under CIN U72900PN2007PTC169538.
Tietoevry India has 2 current directors:
- Mikael Erik Thun - Director
- Ashwani Kumar Batra - Director
The latest financial statements of Tietoevry India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tietoevry India is 29AADCC0744R1Z7, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AADCC0744R1ZB (Maharashtra), 27AADCC0744R2ZA (Maharashtra), 29AADCC0744R2Z6 (Karnataka).
The CIN (Corporate Identification Number) of Tietoevry India is U72900PN2007PTC169538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tietoevry India was incorporated on 30 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Tietoevry India has 6 deals on record (5 secondary share transfers, 1 rights issue); the latest was in August 2020.
Mikael Erik Thun was appointed as Director on 22 Aug 2023. Ashwani Kumar Batra ceased to be Additional Director on 29 Sep 2017. Sumanta Nandy ceased to be Managing Director on 05 Sep 2017. Tietoevry India has 13 board changes on record in total.
Tietoevry India has 6 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 10 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Tietoevry India can be reached through the website tietoevry.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Tietoevry India is at Ground & 5th Floor Wing 1 Cluster D, Eon Free Zone MIDC Kharadi Knowledge Park Pune, Maharashtra, India – 411014.
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