About Aretove Technologies India Private Limited
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Aretove Technologies India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Aretove Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2012FTC142020. Its GSTIN is 27AAKCA1861G1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ashish Jain and Anil Santosh Mitra.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.09 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹39.35 Lakh (net margin 4.3%) and EBITDA of ₹66.69 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 19% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aretove.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aretove.com.
Company details
Contact details
Aretove Technologies India Private Limited's registered office is in Pune, Maharashtra. Its website is aretove.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 111/11/1C Office No.501 &, Office No. 502 45 Baner Street, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aretove Technologies 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
Aretove Technologies India operates one associated brand: Aretove. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers advanced data engineering, enterprise integration, and generative AI solutions. | aretove.com |
Business activity
The main business activity of Aretove Technologies 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 Aretove Technologies India Private Limited, buy the company report.
Financials of Aretove Technologies India Private Limited
FY 2024 filings availableAretove Technologies India Private Limited reported revenue of ₹9.09 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹66.69 Lakh | ||||
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| Net Profit (PAT) | ₹39.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Aretove Technologies India Private Limited, buy the company report.
Board of directors of Aretove Technologies India Private Limited
Aretove Technologies India 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 |
|---|---|---|---|---|
| Ashish Jain | Director | 31 Oct 2023 | 2 Years 11 Months | Current |
| Anil Santosh Mitra | Director | 20 Jan 2012 | 14 Years 9 Months | Current |
| Sanjeev Kumar Vishwakarma | Director | 20 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Aretove Technologies India Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Techmatic Systems India Private Limited | ₹9.1 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Vince Software India Private Limited | ₹9.1 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| Inoventive IT Services Private Limited | ₹9.09 Cr (FY 2025) | 36.0% | Noida, Uttar Pradesh, India | |||
| Vupico Consulting India Private Limited | ₹9.09 Cr (FY 2024) | 8.0% | Coimbatore, Tamil Nadu, India | |||
| Bigsun Technologies Private Limited | ₹9.09 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Aretove Technologies India Private Limitedthis company | ₹9.09 Cr (FY 2025) | ₹39.35 Lakh | 4.3% | -7.0% | 64 | Pune, Maharashtra, India |
| Networkkings IT Services Private Limited | ₹9.08 Cr (FY 2025) | -7.0% | Pinjore, Haryana, India | |||
| Cabcs Group India Technologies Private Limited | ₹9.07 Cr (FY 2025) | 1.0% | Bengaluru, Karnataka, India | |||
| James & Monroe Technologies Services Private Limited | ₹9.07 Cr (FY 2024) | 34.0% | Thane, Maharashtra, India | |||
| Equadriga Software Private Limited | ₹9.07 Cr (FY 2024) | 8.0% | Contonment, Trichy-620 001, Tamil Nadu, India | |||
| Uno Digital Private Limited | ₹9.06 Cr (FY 2024) | -19.0% | Patna, Bihar, India |
To see the full peer comparison of Aretove Technologies India Private Limited, buy the company report.
Auditor
Aretove Technologies India Private Limited is audited by Agrawal Dhand Motwani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agrawal Dhand Motwani & Co. | FY 2023 | 002824C |
Shareholding
The shareholding of Aretove Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic 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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| Others |
To see the full shareholding pattern of Aretove Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aretove Technologies 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
No delayed payments to MSME suppliers are on our record for Aretove Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aretove Technologies India Private Limited has a workforce of 64 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Aretove Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA1861G1ZP | Maharashtra | Active | 01 Jun 2023 |
To see the full GST registrations and return filing status of Aretove Technologies India Private Limited, buy the company report.
Recent activity
Aretove Technologies India Private Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Ashish Jain ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Aretove Technologies India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 January 2012 (14+ years old) and is registered under CIN U72200PN2012FTC142020.
Aretove Technologies India has 3 current directors:
- Ashish Jain - Director
- Anil Santosh Mitra - Director
- Sanjeev Kumar Vishwakarma - Director
The latest financial statements of Aretove Technologies India 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 2015 are in the company report.
The GSTIN of Aretove Technologies India is 27AAKCA1861G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aretove Technologies India is U72200PN2012FTC142020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aretove Technologies India was incorporated on 20 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Aretove Technologies India by revenue are Techmatic Systems India Private Limited, Vince Software India Private Limited, Inoventive IT Services Private Limited, Vupico Consulting India Private Limited, Bigsun Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ashish Jain ceased to be Additional Director on 29 Sep 2024. Ashish Jain was appointed as Director on 31 Oct 2023. Pooja Maurya ceased to be Additional Director on 29 Sep 2023. Aretove Technologies India has 7 board changes on record in total.
Aretove Technologies India can be reached through the website aretove.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Aretove Technologies India is at Survey No 111111C Office No.501 &, Office No. 502 45 Baner Street, Pune, Maharashtra, India – 411045.
Aretove Technologies India operates in the information technology industry, in the IT consulting and support services segment.
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