About Triveni Hi-Tech
Triveni Hi-Tech is an Aerospace, Defense & Maritime company based in Bengaluru (India) founded in 1996, and was acquired by Magellan Aerospace in February 2019. Aerospace components are manufactured by Triveni Hi-Tech in India. The company has 34 employees. Its Indian entity Triveni Hi-Tech Private Limited reported revenue of ₹29.11 Cr. Its focus areas include Aerospace, Maritime and Defense.
Company details
Triveni Hi-Tech was founded in 1996 and is located in Bengaluru, India. Operations center on the manufacturing of aerospace components within the aerospace sector. Precision parts are produced for various applications, with activities managed from the Bengaluru facility. The companys online presence is maintained through the domain trivenihitech.com. Focus remains on component fabrication to support industry needs in the region.
- Headquarters Bengaluru, India
- Employees 34
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Website trivenihitech.com
- Acquired by Magellan Aerospace (Feb 2019)
- Legal Name Triveni Hi-Tech Private Limited
- Date of Incorporation 14 Jun, 1996
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹29.11 Cr
FY 2024 · +6% YoY
- Net Profit₹6.05 Cr
FY 2024 · 21% margin
- EBITDA₹8.39 Cr
FY 2024 · 29% margin
- Investors
- Employee Count34
- Acquired byMagellan Aerospace
(Feb 2019)
Associated legal entities of Triveni Hi-Tech
Triveni Hi-Tech operates through Triveni Hi-Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Triveni Hi-Tech Private Limited CIN U72200KA1996PTC020645 | Active | 14 Jun 1996 | Bangalore, Karnataka | ₹29.1 Cr | 34 | 3 | View details |
Investors in Triveni Hi-Tech
Triveni Hi-Tech has secured backing from 1 investor. Prominent investors backing the company include Magellan Aerospace.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| magellanaerospace.com |
Investor details for Triveni Hi-Tech
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Board of directors of Triveni Hi-Tech Private Limited (Triveni Hi-Tech)
Triveni Hi-Tech Private Limited is the primary company behind Triveni Hi-Tech. The board of Triveni Hi-Tech Private Limited currently have 3 directors; the longest-serving is Satheeshkumar Kuruppath, appointed in 1996. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satheeshkumar Kuruppath DIN 01653205 | Managing Director | 14 Jun 1996 | 30 yrs 4 mo | Triveni Hi-Tech Private Limited |
| Shivakumar Nanjundappa Malleshanna DIN 00519292 | Whole-time director | 14 Jun 1996 | 30 yrs 4 mo | Triveni Hi-Tech Private Limited |
| Uday Satheesh DIN 07426014 | Director | 03 Feb 2016 | 10 yrs 9 mo | Triveni Hi-Tech Private Limited |
Financials of Triveni Hi-Tech
Figures of Triveni Hi-Tech Private Limited, the primary company behind Triveni Hi-Tech, for FY 2024. Revenue was ₹29.11 Cr (+6% year on year). Net profit was ₹6.05 Cr (21% margin). EBITDA was ₹8.39 Cr (29% margin). Revenue has grown at a compounded annual rate of +25% over three years and -8% over five years.
- ₹29.11 CrRevenue · FY 2024 · +6% YoY
- ₹6.05 CrNet profit · 21% margin
- ₹8.39 CrEBITDA · 29% margin
- ₹1.69 CrPaid-up capital
- 34Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Triveni Hi-Tech Private Limited are on its company page.
Detailed financial statements for Triveni Hi-Tech
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Timeline of Triveni Hi-Tech
2 dated milestones of Triveni Hi-Tech across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Triveni Hi-Tech is founded.
- Exit Acquired by Magellan Aerospace.
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Frequently Asked Questions about Triveni Hi-Tech
Triveni Hi-Tech was founded in 1996.
Triveni Hi-Tech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Triveni Hi-Tech has 34 employees.
The primary company behind Triveni Hi-Tech, Triveni Hi-Tech Private Limited, reported revenue of ₹29.11 Cr for FY 2024, up 6% year on year.
Triveni Hi-Tech was founded in 1996 and is located in Bengaluru, India. Operations center on the manufacturing of aerospace components within the aerospace sector. Precision parts are produced for various applications, with activities managed from the Bengaluru facility. The companys online presence is maintained through the domain trivenihitech.com. Focus remains on component fabrication to support industry needs in the region.
Triveni Hi-Tech has 1 investor. Key investors include Magellan Aerospace.
Triveni Hi-Tech operates through Triveni Hi-Tech Private Limited.
Yes. Triveni Hi-Tech was acquired by Magellan Aerospace in February 2019.
The legal entities of Triveni Hi-Tech currently have 3 directors, including Satheeshkumar Kuruppath, Shivakumar Nanjundappa Malleshanna, Uday Satheesh.