- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0024662

About Techserv Innovations Private Limited
Data last updated:
Techserv Innovations Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2009PTC187454. Its GSTIN is 07AAICA2301H1Z6 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It was formerly known as Techserv Systems Private Limited and Akin Technology Private Limited. It is led by directors Nikhil Yadav and Vinod Kumar.
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 C – 37 Ground And Second Floor Dda Shed Okhla Industrial Estate Phase 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.75 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Cr (net margin 3.5%) and EBITDA of ₹3.86 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Techserv Innovations Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0024662). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techservin.com.
Company details
Name history
Techserv Innovations has undergone 3 name changes throughout its history. The company was previously known as Techserv Systems Private Limited, Akin Technology Private Limited, and Ayush Audio Visual Systems Private Limited. The current legal name is Techserv Innovations Private Limited.
| Company Name | Status |
|---|---|
| Techserv Innovations Private Limited | Current |
| Techserv Systems Private Limited | Previous |
| Akin Technology Private Limited | Previous |
| Ayush Audio Visual Systems Private Limited | Previous |
Recognitions & Rankings of Techserv Innovations
Contact details
Techserv Innovations Private Limited's registered office is in New Delhi, Delhi. Its website is techservin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 37 Ground And Second Floor Dda Shed Okhla Industrial Estate Phase 1, New Delhi, Delhi, India – 110020
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Techserv Innovations 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
Business activity
The main business activities of Techserv Innovations are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Techserv Innovations Private Limited, buy the company report.
Financials of Techserv Innovations Private Limited
FY 2024 filings availableTechserv Innovations Private Limited reported revenue of ₹79.75 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 4% 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 | ₹3.86 Cr | ||||
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| Net Profit (PAT) | ₹2.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Techserv Innovations Private Limited, buy the company report.
Board of directors of Techserv Innovations Private Limited
Techserv Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Yadav | Director | 18 Jun 2021 | 5 Years 4 Months | Current |
| Vinod Kumar | Director | 10 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Techserv Innovations Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wekraft Solar Energy Private Limited | ₹81.23 Cr (FY 2025) | 212.0% | Bangalore, Karnataka, India | |||
| Global Telelinks Private Limited | ₹80.5 Cr (FY 2025) | 1.0% | Delhi, India | |||
| Khaitan (India) Ltd | ₹80.36 Cr (FY 2025) | 35.0% | Kolkata, West Bengal, India | |||
| Bga Electrical & Services Private Limited | ₹80.15 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Vishi Electronics (India) Private Limited | ₹80.06 Cr (FY 2025) | -67.0% | Mumbai, Maharashtra, India | |||
| Techserv Innovations Private Limitedthis company | ₹79.75 Cr (FY 2024) | ₹2.83 Cr | 3.5% | -5.0% | New Delhi, Delhi, India | |
| Shubh Telecom Private Limited | ₹79.39 Cr (FY 2024) | 24.0% | Moradabad, Uttar Pradesh, India | |||
| Acoria International Private Limited | ₹79.11 Cr (FY 2025) | 42.0% | Anand, Gujarat, India |
To see the full peer comparison of Techserv Innovations Private Limited, buy the company report.
Auditor
Techserv Innovations Private Limited is audited by B S R T & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R T & CO | FY 2023 | 027272N |
Shareholding
The shareholding of Techserv Innovations 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techserv Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2022 | 100560871 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Techserv Innovations Private Limited has 1 court case on record: 1 filed by Techserv Innovations. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Total Presentation Devices Ltd | Disposed |
To see the full case history of Techserv Innovations 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 Techserv Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techserv Innovations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICA2301H1Z6 | Delhi | Active | 01 Jul 2017 |
| 29AAICA2301H1Z0 | Karnataka | Active | 25 Jan 2022 |
To see the full GST registrations and return filing status of Techserv Innovations Private Limited, buy the company report.
Recent activity
Techserv Innovations Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Harendra Singh ceased to be Whole-Time Director on 16 Oct 2023.
Frequently asked questions
Techserv Innovations is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 February 2009 (17+ years old) and is registered under CIN U74900DL2009PTC187454.
Techserv Innovations has 2 current directors:
- Nikhil Yadav - Director
- Vinod Kumar - Director
The latest financial statements of Techserv Innovations 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 Techserv Innovations is 07AAICA2301H1Z6, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICA2301H1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Techserv Innovations is U74900DL2009PTC187454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techserv Innovations has 1 court case on record: 1 filed by the company.
Techserv Innovations was incorporated on 10 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Techserv Innovations by revenue are Wekraft Solar Energy Private Limited, Global Telelinks Private Limited, Khaitan (India) Ltd, Bga Electrical & Services Private Limited, Vishi Electronics (India) Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Harendra Singh ceased to be Whole-Time Director on 16 Oct 2023. Nikhil Yadav was appointed as Director on 18 Jun 2021. Sanjay Kumar Gupta ceased to be Director on 07 Feb 2019. Techserv Innovations has 5 board changes on record in total.
Yes, Techserv Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0024662).
Techserv Innovations can be reached through the website techservin.com. Its registered office is in New Delhi, Delhi, India.