Bandura Tech Private Limited

Bandura Tech Private Limited - education in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH2021PTC355314 Incorporated 16 February 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company education DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹41.95 Lakh
▼ 61% YoY
Net loss · FY 2025
₹1.24 Cr
Net margin -295.3%
EBITDA · FY 2025
-₹1.22 Cr
EBITDA margin -290.2%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹26.32 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Bandura Tech Private Limited

Data last updated:

Bandura Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 16 February 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2021PTC355314. Its GSTIN is 27AAJCB6378G1ZB (Maharashtra).

The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹26.32 Lakh. It is led by directors including Vihang Hemant Mirkhelkar and Ketaki Prashant Ogale.

Its last annual general meeting (AGM) was held on 24 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flatno1401 – 1402 Tower 1 – B Shivaliktower Thakurcomplex Trishulcomplex Behind Zagd, Mumbai, Maharashtra, India – 400101.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.95 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr (net margin -295.3%) and EBITDA of -₹1.22 Cr (EBITDA margin -290.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.

The company is associated with 1 brand: BHyve. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.71 Cr; the latest was in August 2021.

Bandura Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0057442). For more details, the company can be reached via its website bhyve.io.

Company details

CIN U74110MH2021PTC355314
Registration Number 355314
Incorporation Date 16 February 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 October 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0057442

CIN history

Bandura Tech has one previous CIN (Corporate Identification Number): U80904MH2021PTC355314. The current CIN is U74110MH2021PTC355314, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH2021PTC355314Current
U80904MH2021PTC355314Previous
Key People
Vihang Hemant Mirkhelkar Director Ketaki Prashant Ogale Director Kranti Prasad Munje Director

Recognitions & Rankings of Bandura Tech

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-18-0057442

Contact details

Bandura Tech Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhyve.io. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bhyve.io
  • Social Media
  • Apps
  • Registered Address
    Flatno1401 – 1402 Tower 1 – B Shivaliktower Thakurcomplex Trishulcomplex Behind Zagd, Mumbai, Maharashtra, India – 400101
  • Industry
    Education, EdTech Solutions

To see the full contact details of Bandura Tech Private Limited, buy the company report.

Comprehensive company report
Bandura Tech Private Limited - one report that includes everything
  • 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
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Brands

Bandura Tech operates one associated brand: BHyve. Each brand links to its own profile.

BrandDescriptionWebsite
BHyve
AI knowledge bases are developed for businesses to centralize knowledge.bhyve.io

Business activity

The main business activity of Bandura Tech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Bandura Tech Private Limited, buy the company report.

Financials of Bandura Tech Private Limited

FY 2025 filings available

Bandura Tech Private Limited reported revenue of ₹41.95 Lakh (down 61% YoY) for FY 2025.

Revenue · FY 2025
₹41.95 Lakh ▼ 61%
Net loss · FY 2025
₹1.24 Cr margin -295.3%
EBITDA · FY 2025
-₹1.22 Cr margin -290.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 154%
3 years · compounded
▼ 17%

Revenue fell 61% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 154% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹1.22 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.24 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-290.2%
Net Profit Margin-295.3%
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

To see the full financial statements and ratios of Bandura Tech Private Limited, buy the company report.

Board of directors of Bandura Tech Private Limited

Bandura Tech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vihang Hemant MirkhelkarDirector16 Feb 20215 Years 8 MonthsCurrent
Ketaki Prashant OgaleDirector16 Feb 20215 Years 8 MonthsCurrent
Kranti Prasad Munje
Also directs: Evzip Mobility Private Limited
Director28 Sep 20242 Years 1 MonthsCurrent
View all directors

Auditor

Bandura Tech Private Limited is audited by Bhansali & Jhaveri, Chartered Accountants for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Bhansali & Jhaveri, Chartered AccountantsFY 2022113912W

Shareholding

The shareholding of Bandura Tech Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bandura Tech Private Limited, buy the company report.

Deals & funding

Bandura Tech Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.71 Cr; the latest was in August 2021.

Total deals
2
Funding rounds
2
Disclosed funding
₹1.71 Cr

To see the full deal history of Bandura Tech Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bandura Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bandura Tech Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

Bandura Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAJCB6378G1ZBMaharashtraActive19 Mar 2021

To see the full GST registrations and return filing status of Bandura Tech Private Limited, buy the company report.

Recent activity

Bandura Tech Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Kranti Prasad Munje was appointed as Director on 28 Sep 2024.

AGM
Bandura Tech Private Limited last Annual general meeting of members was held on 24 Oct 2025 as per latest MCA records.
Filing
Bandura Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Kranti Prasad Munje was appointed as Director.
Ceased
Omkar Paresh Pandharkame ceased to be Director.
Appointed
Ketaki Prashant Ogale was appointed as Director.
Appointed
Vihang Hemant Mirkhelkar was appointed as Director.
Incorporation
16 Feb 2021
Bandura Tech Private Limited was registered on 16 Feb 2021 with Roc Mumbai & aged 5 years 8 months as per MCA records.

News

Frequently asked questions

Bandura Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in edtech solutions, within the education industry. It was incorporated on 16 February 2021 (5+ years old) and is registered under CIN U74110MH2021PTC355314.

Bandura Tech has 3 current directors:

The latest financial statements of Bandura Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 October 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Bandura Tech is 27AAJCB6378G1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Bandura Tech is U74110MH2021PTC355314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bandura Tech has 1 court case on record: 1 filed against it.

Bandura Tech was incorporated on 16 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Bandura Tech has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.71 Cr; the latest was in August 2021.

Kranti Prasad Munje was appointed as Director on 28 Sep 2024. Omkar Paresh Pandharkame ceased to be Director on 28 Nov 2023. Ketaki Prashant Ogale was appointed as Director on 16 Feb 2021. Bandura Tech has 4 board changes on record in total.

Yes, Bandura Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).