
About Agaze Technologies Private Limited
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Agaze Technologies 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 08 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC067802. Its GSTIN is 29AALCA4006C1Z1 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipin Thekkenath Velayudhan (Managing Director) and Nisha Vettilaparakkel Achuthan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1564/110 Tejaswini Nagara Kammanahalli Arakere, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.64 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Lakh (net margin -7.5%) and EBITDA of -₹1.14 Lakh (EBITDA margin -7.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.
The company is associated with 1 brand: Agaze Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agazetech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1564/110 Tejaswini Nagara Kammanahalli Arakere, Bangalore, Karnataka, India – 560027
- IndustryInformation Technology, Application Development & Software Solutions, Cloud Computing & Cloud Services
- 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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Business Activity of Agaze Technologies Private Limited
The main business activity of Agaze Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Agaze Technologies Private Limited FY 2025 filings available
Agaze Technologies Private Limited reported revenue of ₹15.64 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Agaze Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 28% fall in the latest year. EBITDA rose 65% 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 of Agaze Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.18 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Agaze Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Agaze Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Agaze Technologies Private Limited
Agaze Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Cloud Computing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mobisir Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Epistel Soft Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Dhruva Interactive Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Cybinck India Private Limited | •••• | •••• | •••• | •••• | - | Saidapet, Tamil Nadu, India |
| Appadvent Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Agaze Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Eastmiles Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Buddhi Software Technologies Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Mobigraph Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Komarapalayam, Tamil Nadu, India |
| Pisat Udyog Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Avenue Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Agaze Technologies by revenue in the Information Technology industry (Application Development, Cloud Computing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Agaze Technologies Private Limited
Agaze Technologies Private Limited is audited by MANOHAR B V & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOHAR B V & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Agaze Technologies Private Limited
Agaze Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Vettilaparakkel Achuthan | Director | 08 Feb 2013 | 13 Years 7 Months | Current |
| Vipin Thekkenath Velayudhan | Managing Director | 08 Feb 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Agaze Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Agaze Technologies Private Limited
Agaze Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Agaze Technologies Private Limited
Agaze Technologies operates one associated brand: Agaze Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A company specializing in app and software development services. | agaze.in |
Employees and EPFO Compliance at Agaze Technologies Private Limited
Employment history and EPFO contributions of people linked to Agaze Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Agaze Technologies Private Limited
Agaze Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Nisha Vettilaparakkel Achuthan was appointed as Director on 08 Feb 2013.
Credit Ratings, Litigation & Regulatory Alerts for Agaze Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Agaze Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Agaze Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Agaze Technologies Private Limited
Agaze Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA4006C1Z1 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Agaze Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Agaze Technologies Private Limited
Agaze Technologies 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 08 February 2013 (13+ years old) and is registered under CIN U72900KA2013PTC067802.
Agaze Technologies reported revenue of ₹15.64 Lakh for FY 2025 (down 28% YoY).
Agaze Technologies has 2 current directors:
- Vipin Thekkenath Velayudhan - Managing Director
- Nisha Vettilaparakkel Achuthan - Director
Agaze Technologies reported a net loss of ₹1.18 Lakh (net margin -7.5%) and EBITDA of -₹1.14 Lakh (EBITDA margin -7.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Agaze Technologies is -12% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Agaze Technologies is 29AALCA4006C1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Agaze Technologies is U72900KA2013PTC067802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agaze Technologies was incorporated on 08 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Agaze Technologies by revenue are Mobisir Technologies Private Limited, Epistel Soft Solutions Private Limited, Dhruva Interactive Private Limited, Cybinck India Private Limited, Appadvent Technologies (OPC) Private Limited and 5 more, all in the Information Technology industry (Application Development, Cloud Computing).
Nisha Vettilaparakkel Achuthan was appointed as Director on 08 Feb 2013. Vipin Thekkenath Velayudhan was appointed as Managing Director on 08 Feb 2013.
Agaze Technologies can be reached through the website agazetech.com. Its registered office is in Bangalore, Karnataka, India.