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Altwise Private Limited - information technology in Pune, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹77.81 Lakh
▲ 119% YoY
Net profit · FY 2025
₹2.22 Lakh
Net margin 2.9%
EBITDA · FY 2025
₹4.38 Lakh
EBITDA margin 5.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
About Altwise Private Limited
Data last updated:
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 of Altwise Private Limited
CIN U72900PN2022PTC213387
Registration Number 213387
Incorporation Date 25 July 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0293611
Recognitions & Rankings of Altwise
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-26-0293611
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- 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
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Associated Brands with Altwise Private Limited
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 of Altwise Private Limited
The main business activity of Altwise 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Altwise Private Limited FY 2025 filings available
Altwise Private Limited reported revenue of ₹77.81 Lakh (up 119% YoY) for FY 2025.
Revenue · FY 2025
₹77.81 Lakh ▲ 119%
Net profit · FY 2025
₹2.22 Lakh margin 2.9%
EBITDA · FY 2025
₹4.38 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR) of Altwise Private Limited
Revenue CAGR growth
1 year
▲ 119%
EBITDA CAGR growth
1 year
▲ 31%
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 of Altwise Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹4.38 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.22 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 | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Altwise Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.6% | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• |
| 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 Altwise are in the company report.
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Financial statements from FY 2023
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.
Board of Directors of Altwise Private Limited
Altwise has 2 directors on record. No former directors are listed.
Current Directors
| 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 of Altwise Private Limited
Altwise Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Algo Methods Software & Services Private Limited | ₹77.87 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | Bangalore, Karnataka, India |
| Abhiyantriki Technology Private Limited | ₹77.84 Lakh (FY 2025) | •••• | •••• | 157.0% | •••• | Bhopal, Madhya Pradesh, India |
| Lazyarts India Private Limited | ₹77.84 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Bangalore, Karnataka, India |
| Gesheften Software Services Private Limited | ₹77.83 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Dhatriinfo Solutions Private Limited (OPC) | ₹77.82 Lakh (FY 2021) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Altwise Private Limited this company | ₹77.81 Lakh (FY 2025) | •••• | •••• | 119.0% | •••• | Pune, Maharashtra, India |
| Genausoft Technologies Private Limited | ₹77.81 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | Satara, Maharashtra, India |
| Metaqik Systems Private Limited | ₹77.77 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Neoberx Technologies Private Limited | ₹77.76 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
| Netlabs IT Consultancy Private Limited | ₹77.76 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | New Delhi, Delhi, India |
| Cicd Systems Private Limited | ₹77.74 Lakh (FY 2025) | •••• | •••• | 172.0% | •••• | New Panvel, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Altwise by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Altwise Private Limited
Open charges
₹20 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2023 | Indian Bank | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Altwise Private Limited
Employment history and EPFO contributions of people linked to Altwise.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Verified entity values are shown only after access is granted.
Recent Activity on Altwise Private Limited
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.
Charges
A charge with Indian Bank of Rs. 20.00 Lakh registered on 28 Dec 2023 with Charge ID 100856147 was modified on 27 Oct 2025.
AGM
Altwise Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Altwise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Indian Bank amounted to Rs. 20.00 Lakh with Charge ID 100856147 was registered on 28 Dec 2023.
Appointed
Abhijeet Shivaji Pasare was appointed as Director.
Appointed
Nikhil Bhujangrao Nimbhorkar was appointed as Director.
Incorporation
25 Jul 2022
Altwise Private Limited was registered on 25 Jul 2022 with Roc Pune & aged 4 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Altwise Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Altwise Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Altwise Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Altwise Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Altwise Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Frequently Asked Questions about Altwise Private Limited
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 reported revenue of ₹77.81 Lakh for FY 2025 (up 119% YoY).
Altwise has 2 current directors:
- Abhijeet Shivaji Pasare - Director
- Nikhil Bhujangrao Nimbhorkar - Director
Altwise reported a net profit of ₹2.22 Lakh (net margin 2.9%) and EBITDA of ₹4.38 Lakh (EBITDA margin 5.6%) for FY 2025, as per its filed financial statements.
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 Algo Methods Software & Services Private Limited, Abhiyantriki Technology Private Limited, Lazyarts India Private Limited, Gesheften Software Services Private Limited, Dhatriinfo Solutions Private Limited (OPC) and 5 more, 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.