About Ovatix
Ovatix was a Technology company based in India founded in 2019. It delivers comprehensive IT solutions, including application development and security management. It operates on a B2B model. Its Indian entity Ovatix It Solutions Private Limited reported revenue of ₹1.97 Cr. The company is recorded as dissolved. Its focus areas include IT Services, Application Development and Security Management. Similar companies include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed similar companies have raised funding.
Company details
Ovatix delivers comprehensive it solutions, including application development and security management, focusing on leveraging cutting-edge technology, providing IT services, application development, and security management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters India
- SectorsTechnology
- Website ovatix.co.in
- Social X
- Legal Name Ovatix It Solutions Private Limited
- Date of Incorporation 23 Dec, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.97 Cr
FY 2022 · +2023% YoY
- Net Profit₹16.7 Lakh
FY 2022 · 8% margin
- EBITDA₹33 Lakh
FY 2022 · 17% margin
Associated legal entities of Ovatix
Ovatix operates through Ovatix It Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ovatix It Solutions Private Limited CIN U72900PN2019PTC188580 | Active | 23 Dec 2019 | Pune, Maharashtra | ₹2.0 Cr | 10 | 2 | View details |
Board of directors of Ovatix It Solutions Private Limited (Ovatix)
Ovatix It Solutions Private Limited is the primary company behind Ovatix. The board of Ovatix It Solutions Private Limited currently have 2 directors; the longest-serving is Jitendra Jashwant Rajan, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitendra Jashwant Rajan DIN 09282601 | Director | 28 Jul 2021 | 5 yrs 3 mo | Ovatix It Solutions Private Limited |
| Ravi Niranjan Pandya DIN 09509086 | Director | 21 Jan 2022 | 4 yrs 9 mo | Ovatix It Solutions Private Limited |
Financials of Ovatix
Figures of Ovatix It Solutions Private Limited, the primary company behind Ovatix, for FY 2022. Revenue was ₹1.97 Cr (+2023% year on year). Net profit was ₹16.7 Lakh (8% margin). EBITDA was ₹33 Lakh (17% margin).
- ₹1.97 CrRevenue · FY 2022 · +2023% YoY
- ₹16.7 LakhNet profit · 8% margin
- ₹33 LakhEBITDA · 17% margin
- ₹1 LakhPaid-up capital
- 10Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ovatix It Solutions Private Limited are on its company page.
Detailed financial statements for Ovatix
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Similar companies to Ovatix
Ovatix has 3 listed similar companies in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed similar companies of Ovatix
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Frequently Asked Questions about Ovatix
Ovatix was founded in 2019.
Ovatix is headquartered in India.
The primary company behind Ovatix, Ovatix It Solutions Private Limited, reported revenue of ₹1.97 Cr for FY 2022, up 2023% year on year.
Ovatix delivers comprehensive it solutions, including application development and security management, focusing on leveraging cutting-edge technology, providing IT services, application development, and security management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Ovatix's top competitors include Happiest Minds, GirnarSOFT and Datamatics.
Ovatix operates through Ovatix It Solutions Private Limited.
The legal entities of Ovatix currently have 2 directors, including Jitendra Jashwant Rajan, Ravi Niranjan Pandya.