
About Altwise Private Limited
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Altwise Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 July 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2022PTC213387.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Abhijeet Shivaji Pasare and Nikhil Bhujangrao Nimbhorkar.
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 S No. 125/4 Vision 9 Shop No 401 Nr Shriji Vihar Pimple Saudagar, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.81 Lakh, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Lakh (net margin 2.9%) and EBITDA of ₹4.38 Lakh (EBITDA margin 5.6%).
The company is associated with 1 brand: Altwise. As per MCA filings, the company has open charges of ₹20 Lakh on record.
Altwise Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0293611). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altwise.in.
Company details
Recognitions & Rankings of Altwise
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-26-0293611
Contact details
Altwise Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressS No. 125/4 Vision 9 Shop No 401 Nr Shriji Vihar Pimple Saudagar, Pune, Maharashtra, India – 411027
- IndustryInformation Technology, Software Development & Support 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
Brands
Altwise operates one associated brand: Altwise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development and IT services by Altwise in India. | altwise.in |
Business activity
The main business activity of Altwise 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 Altwise Private Limited, buy the company report.
Financials of Altwise Private Limited
FY 2025 filings availableAltwise Private Limited reported revenue of ₹77.81 Lakh (up 119% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 119% in the latest year. EBITDA rose 31% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹4.38 Lakh | ||
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| Tax Expense | |||
| Net Profit (PAT) | ₹2.22 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 5.6% | ||
| Net Profit Margin | 2.9% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Altwise Private Limited, buy the company report.
Board of directors of Altwise Private Limited
Altwise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Shivaji Pasare Also directs: Altsure Insurance Brokers Private Limited | Director | 25 Jul 2022 | 4 Years 2 Months | Current |
| Nikhil Bhujangrao Nimbhorkar Also directs: Propbox LLP, Altsure Insurance Brokers Private Limited | Director | 25 Jul 2022 | 4 Years 2 Months | Current |
Peer comparison
Altwise Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lazyarts India Private Limited | ₹77.84 Lakh (FY 2024) | -24.0% | Bangalore, Karnataka, India | |||
| Dhatriinfo Solutions Private Limited (OPC) | ₹77.82 Lakh (FY 2021) | -11.0% | Hyderabad, Telangana, India | |||
| Altwise Private Limitedthis company | ₹77.81 Lakh (FY 2025) | ₹2.22 Lakh | 2.9% | 119.0% | Pune, Maharashtra, India | |
| Neoberx Technologies Private Limited | ₹77.76 Lakh (FY 2025) | -11.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Altwise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100856147 | Indian Bank | ₹20 Lakh | Open |
To see the full charge records of Altwise Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Altwise 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
No delayed payments to MSME suppliers are on our record for Altwise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Altwise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Altwise Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Abhijeet Shivaji Pasare was appointed as Director on 25 Jul 2022.
Frequently asked questions
Altwise is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 July 2022 (4+ years old) and is registered under CIN U72900PN2022PTC213387.
Altwise has 2 current directors:
- Abhijeet Shivaji Pasare - Director
- Nikhil Bhujangrao Nimbhorkar - Director
The latest financial statements of Altwise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Altwise is U72900PN2022PTC213387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altwise was incorporated on 25 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Altwise by revenue are Lazyarts India Private Limited, Dhatriinfo Solutions Private Limited (OPC), Neoberx Technologies Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Abhijeet Shivaji Pasare was appointed as Director on 25 Jul 2022. Nikhil Bhujangrao Nimbhorkar was appointed as Director on 25 Jul 2022.
Yes, Altwise is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Altwise is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0293611).
Altwise can be reached through the website altwise.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Altwise is at S No. 1254 Vision 9 Shop No 401 Nr Shriji Vihar Pimple Saudagar, Pune, Maharashtra, India – 411027.