MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0065450
Boven Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.74 Cr
▲ 24% YoY
Net loss · FY 2023
₹3.36 Cr
Net margin -22.8%
EBITDA · FY 2023
-₹4.27 Cr
EBITDA margin -29%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1.48 Lakh
Issued & subscribed
Open charges
₹7.55 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
33
Provident fund records
About Boven Technologies Private Limited
Data last updated:
Boven Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Luxeva India Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72901KA2016PTC094769. Its GSTIN is 29AAGCB7930F1ZK (Karnataka).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.48 Lakh. It is led by directors including Darpan Narendra Sanghvi and Nikhil Kumar Hemanth.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Villa No. 20 Azven Breathe Billapura Sarjapura Attibele Road, Bangalore, Karnataka, India – 562125.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.74 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹3.36 Cr (net margin -22.8%) and EBITDA of -₹4.27 Cr (EBITDA margin -29%). Revenue has grown at a compounded annual rate (CAGR) of 282% over three years and 274% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Winkl. As per MCA filings, the company has open charges of ₹7.55 Cr on record. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.82 Cr; the latest was in February 2022. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 5 smaller; the largest is Richard Fleischman Center of Excellence Private Limited with revenue of ₹14.8 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 3 micro and small suppliers.
Boven Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0065450). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website winkl.co.
Company details
CIN U72901KA2016PTC094769
Registration Number 094769
Incorporation Date 06 July 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Luxeva India Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0065450
Key People
Darpan Narendra Sanghvi Director Nikhil Kumar Hemanth Director Thakur Rahul Singh Director Recognitions & Rankings of Boven Technologies
Contact details
Boven Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is winkl.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVilla No. 20 Azven Breathe Billapura Sarjapura Attibele Road, Bangalore, Karnataka, India – 562125
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Boven Technologies Private Limited, buy the company report.
Comprehensive company report
Boven Technologies 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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Business activity
The main business activity of Boven Technologies 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 Boven Technologies Private Limited, buy the company report.
Financials of Boven Technologies Private Limited
FY 2023 filings availableBoven Technologies Private Limited reported revenue of ₹14.74 Cr (up 24% YoY) for FY 2023.
Revenue · FY 2023
₹14.74 Cr ▲ 24%
Net loss · FY 2023
₹3.36 Cr margin -22.8%
EBITDA · FY 2023
-₹4.27 Cr margin -29%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 282%
5 years · compounded
▲ 274%
EBITDA CAGR growth
1 year
▼ 871%
3 years · compounded
▼ 111%
5 years · compounded
▼ 151%
Revenue has grown at a compounded annual rate (CAGR) of 274% over five years, including 24% growth in the latest year. EBITDA fell 871% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | -₹4.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29% | ||||
| Net Profit Margin | -22.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Boven Technologies Private Limited, buy the company report.
Board of directors of Boven Technologies Private Limited
Boven Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darpan Narendra Sanghvi Also directs: Sanghvi Brands Limited, Drakk Consumer Products Private Limited, Sanghvi Lifestyle Products Private Limited and 5 more | Director | 09 Feb 2022 | 4 Years 9 Months | Current |
| Nikhil Kumar Hemanth Also directs: Phool & Pheras LLP | Director | 06 Jul 2016 | 10 Years 4 Months | Current |
| Thakur Rahul Singh Also directs: Bae Collective Private Limited | Director | 06 Jul 2016 | 10 Years 4 Months | Current |
Peer comparison
Boven Technologies Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Richard Fleischman Center of Excellence Private Limited | ₹14.8 Cr (FY 2025) | 41.0% | Gurgaon, Haryana, India | |||
| Insightgeeks Solutions Private Limited | ₹14.79 Cr (FY 2025) | 52.0% | Delhi, India | |||
| Autovyn Consultancy Private Limited | ₹14.77 Cr (FY 2025) | 164.0% | Gwalior, Madhya Pradesh, India | |||
| Attinad Software Private Limited | ₹14.76 Cr (FY 2019) | 12.0% | Thiruvananthapuram, Kerala, India | |||
| Boven Technologies Private Limitedthis company | ₹14.74 Cr (FY 2023) | -₹3.36 Cr | -22.8% | 24.0% | 33 | Bangalore, Karnataka, India |
| Beeworks Softwares Private Limited | ₹14.74 Cr (FY 2025) | 222.0% | Pune, Maharashtra, India | |||
| Kaavian Systems Private Limited | ₹14.74 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Purpleslate Private Limited | ₹14.74 Cr (FY 2022) | 46.0% | Mylapore - Triplicane, Tamil Nadu, India | |||
| Locusnine Innovations Private Limited | ₹14.74 Cr (FY 2024) | 39.0% | Pune, Maharashtra, India | |||
| Vboard Software Solutions Private Limited | ₹14.73 Cr (FY 2024) | -47.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Boven Technologies Private Limited, buy the company report.
Auditor
Boven Technologies Private Limited is audited by A S P R & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S P R & Co. | FY 2022 | 018262S |
Shareholding
The shareholding of Boven Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Boven Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101074005 | Others | ₹2.5 Cr | Open | |
| 10 Mar 2025 | 101058866 | Others | ₹2.54 Cr | Open | |
| 10 Mar 2025 | 101057469 | Others | ₹1.01 Cr | Open | |
| 13 Dec 2023 | 100841821 | Others | ₹1.5 Cr | Open |
To see the full charge records of Boven Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Boven Technologies Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.82 Cr; the latest was in February 2022.
Total deals
7
Funding rounds
4
Secondary share transfers
3
Disclosed funding
₹9.82 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹9 Cr | Investors: Luxeva India Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Rajeev Chitrabhanu Huf Seller: 2 individuals |
| Oct 2019 | Funding round | ₹60.6 Lakh | Investors: Magnetic, Axilor |
| Jun 2018 | Funding round | ₹6 Lakh | Investors: 3 individuals |
| Nov 2017 | Funding round | ₹15 Lakh | Investors: an individual |
To see the full deal history of Boven Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Boven Technologies 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
Boven Technologies Private Limited has 3 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mynd Integrated Solutions Private Limited | |||
| Dot Media Solutions Private Limited | |||
| Enlyft Networks Private Limited |
To see the full MSME payment records of Boven Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Boven Technologies Private Limited has a workforce of 33 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
-8.33%
GST
Boven Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB7930F1ZK | Karnataka | Active | 27 Jun 2018 |
To see the full GST registrations and return filing status of Boven Technologies Private Limited, buy the company report.
Recent activity
Boven Technologies Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Kamal Kumar Lath ceased to be Additional Director on 28 Sep 2024.
Charges
A charge with Others amounted to Rs. 250.50 Lakh with Charge ID 101074005 was registered on 25 Mar 2025.
Charges
A charge with Others amounted to Rs. 254.36 Lakh with Charge ID 101058866 was registered on 10 Mar 2025.
Charges
A charge with Others amounted to Rs. 100.52 Lakh with Charge ID 101057469 was registered on 10 Mar 2025.
Ceased
Kamal Kumar Lath ceased to be Additional Director.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 13 Dec 2023 with Charge ID 100841821 was modified on 02 Apr 2024.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100841821 was registered on 13 Dec 2023.
AGM
Boven Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
Filing
Boven Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Darpan Narendra Sanghvi was appointed as Director.
Ceased
Darpan Narendra Sanghvi ceased to be Additional Director.
Ceased
Disha Narendra Sanghvi ceased to be Additional Director.
Ceased
Narendra Rikhabchand Sanghvi ceased to be Additional Director.
4 earlier events are in the company report.
Frequently asked questions
Boven Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 July 2016 (10+ years old) and is registered under CIN U72901KA2016PTC094769.
Boven Technologies has 3 current directors:
- Darpan Narendra Sanghvi - Director
- Nikhil Kumar Hemanth - Director
- Thakur Rahul Singh - Director
The latest financial statements of Boven Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Boven Technologies is 29AAGCB7930F1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Boven Technologies is U72901KA2016PTC094769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Boven Technologies was incorporated on 06 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Boven Technologies has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹9.82 Cr; the latest was in February 2022.
The peers of Boven Technologies by revenue are Richard Fleischman Center of Excellence Private Limited, Insightgeeks Solutions Private Limited, Autovyn Consultancy Private Limited, Attinad Software Private Limited, Beeworks Softwares Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kamal Kumar Lath ceased to be Additional Director on 28 Sep 2024. Darpan Narendra Sanghvi was appointed as Director on 09 Feb 2022. Darpan Narendra Sanghvi ceased to be Additional Director on 09 Feb 2022. Boven Technologies has 8 board changes on record in total.
Yes, Boven Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0065450).
Boven Technologies has 3 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Boven Technologies can be reached through the website winkl.co. Its registered office is in Bangalore, Karnataka, India.
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