About Abhar Technologies and Services Private Limited
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Abhar Technologies and Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093825. Its GSTIN is 29AAOCA4544Q1ZU (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.11 Lakh. It is led by directors including Venkat Badrinarayana Chetan Kuchi and Archana Bhardwaj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wework 10th Floor Rmz Latitude Commerical Bellary Road Hebbal, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.05 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.23 Lakh (net margin 1.7%) and EBITDA of ₹1.07 Cr (EBITDA margin 35.2%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 190% over five years.
The company is associated with 1 brand: Abhar Tech. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2019. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Genwi Technology India Private Limited with revenue of ₹3.05 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abhartech.com.
Company details
Contact details
Abhar Technologies and Services Private Limited's registered office is in Bangalore, Karnataka. Its website is abhartech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework 10th Floor Rmz Latitude Commerical Bellary Road Hebbal, Bangalore, Karnataka, India – 560092
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Abhar Technologies and Services 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
Abhar Technologies and Services operates one associated brand: Abhar Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web-based project management solutions. | abhartech.com |
Business activity
The main business activity of Abhar Technologies and Services 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 Abhar Technologies and Services Private Limited, buy the company report.
Financials of Abhar Technologies and Services Private Limited
FY 2024 filings availableAbhar Technologies and Services Private Limited reported revenue of ₹3.05 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 190% over five years, including 6% growth in the latest year. EBITDA rose 140% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.07 Cr | ||||
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| Net Profit (PAT) | ₹5.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 35.2% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Abhar Technologies and Services Private Limited, buy the company report.
Board of directors of Abhar Technologies and Services Private Limited
Abhar Technologies and Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkat Badrinarayana Chetan Kuchi | Director | 02 Jun 2016 | 10 Years 5 Months | Current |
| Archana Bhardwaj Also directs: Abhar Technologies Private Limited | Director | 02 Jun 2016 | 10 Years 5 Months | Current |
| Muthasandra Narayana Reddy Sreenivasa | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Abhar Technologies and Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genwi Technology India Private Limited | ₹3.05 Cr (FY 2016) | 5.0% | Bangalore, Karnataka, India | |||
| Thinqor Solutions Private Limited | ₹3.05 Cr (FY 2024) | 23.0% | Hyderabad, Telangana, India | |||
| Ace Data Devices Private Limited | ₹3.05 Cr (FY 2024) | -16.0% | New Delhi, Delhi, India | |||
| Getlaunched Solutions Private Limited | ₹3.05 Cr (FY 2025) | 1.0% | Udaipur, Rajasthan, India | |||
| Careerty Informatics Private Limited | ₹3.05 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Abhar Technologies and Services Private Limitedthis company | ₹3.05 Cr (FY 2024) | ₹5.23 Lakh | 1.7% | 6.0% | Bangalore, Karnataka, India | |
| DSS Systems and Software Technologies Private Limited | ₹3.05 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Zobone International Outsourcing Private Limited | ₹3.04 Cr (FY 2025) | 4.0% | Rajkot, Gujarat, India | |||
| Tranzmedia Netvision Private Limited | ₹3.04 Cr (FY 2024) | -28.0% | Ernakulam, Kerala, India | |||
| Nebel Technocrats Private Limited | ₹3.04 Cr (FY 2024) | -65.0% | Mehsana, Gujarat, India | |||
| Tropic Innovation Private Limited | ₹3.04 Cr (FY 2025) | Indore, Madhya Pradesh, India |
To see the full peer comparison of Abhar Technologies and Services Private Limited, buy the company report.
Auditor
Abhar Technologies and Services Private Limited is audited by R V S & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V S & Co | FY 2023 | 010444S |
Shareholding
The shareholding of Abhar Technologies and Services Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Abhar Technologies and Services Private Limited, buy the company report.
Deals & funding
Abhar Technologies and Services Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2019.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Rights issue | ₹75 Lakh | Investors: an individual |
| Jun 2018 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Abhar Technologies and Services 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
Abhar Technologies and Services Private Limited has 3 court cases on record: 1 filed by Abhar Technologies and Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Abhar Technologies and Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abhar Technologies and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abhar Technologies and Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA4544Q1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abhar Technologies and Services Private Limited, buy the company report.
Recent activity
Abhar Technologies and Services Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Gayatriben Akshaybhai Shah ceased to be Director on 08 Jun 2020.
Frequently asked questions
Abhar Technologies and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 June 2016 (10+ years old) and is registered under CIN U74999KA2016PTC093825.
Abhar Technologies and Services has 3 current directors:
- Venkat Badrinarayana Chetan Kuchi - Director
- Archana Bhardwaj - Director
- Muthasandra Narayana Reddy Sreenivasa - Director
The latest financial statements of Abhar Technologies and Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Abhar Technologies and Services is 29AAOCA4544Q1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Abhar Technologies and Services is U74999KA2016PTC093825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhar Technologies and Services has 3 court cases on record: 1 filed by the company and 2 filed against it.
Abhar Technologies and Services was incorporated on 02 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhar Technologies and Services has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in January 2019.
The peers of Abhar Technologies and Services by revenue are Genwi Technology India Private Limited, Thinqor Solutions Private Limited, Ace Data Devices Private Limited, Getlaunched Solutions Private Limited, Careerty Informatics Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Gayatriben Akshaybhai Shah ceased to be Director on 08 Jun 2020. Muthasandra Narayana Reddy Sreenivasa ceased to be Director on 25 May 2020. Ramanathan Ramalingam Arunachalam ceased to be Director on 08 May 2020. Abhar Technologies and Services has 7 board changes on record in total.
Abhar Technologies and Services can be reached through the website abhartech.com. Its registered office is in Bangalore, Karnataka, India.
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