Change22 Infotech Private Limited

Change22 Infotech Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2013PTC149899 Incorporated 23 December 2013 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹20.75 Lakh
▼ 18% YoY
Net loss · FY 2024
₹2.41 Lakh
Net margin -11.6%
EBITDA · FY 2024
-₹3.01 Lakh
EBITDA margin -14.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Change22 Infotech Private Limited

Data last updated:

Change22 Infotech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 December 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013PTC149899. Its GSTIN is 27AAFCC5180K1ZF (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Barinder Singh Deol and Navrisham Kaur Grewal.

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 A4 – 403 Kanchan Vrundavan Gat No. 196 Koregaon Mul, Pune, Maharashtra, India – 412101.

As per the financials filed for FY 2024, the company reported a revenue of ₹20.75 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹2.41 Lakh (net margin -11.6%) and EBITDA of -₹3.01 Lakh (EBITDA margin -14.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.

The company is associated with 1 brand: ChangeBhai.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900PN2013PTC149899
Registration Number 149899
Incorporation Date 23 December 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Change22 Infotech Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A4 – 403 Kanchan Vrundavan Gat No. 196 Koregaon Mul, Pune, Maharashtra, India – 412101
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Change22 Infotech Private Limited, buy the company report.

Comprehensive company report
Change22 Infotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Change22 Infotech operates one associated brand: ChangeBhai. Each brand links to its own profile.

BrandDescriptionWebsite
Mobile application to report public issues and online platform for locality reviewschangebhai.in

Business activity

The main business activity of Change22 Infotech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Change22 Infotech Private Limited, buy the company report.

Financials of Change22 Infotech Private Limited

FY 2024 filings available

Change22 Infotech Private Limited reported revenue of ₹20.75 Lakh (down 18% YoY) for FY 2024.

Revenue · FY 2024
₹20.75 Lakh ▼ 18%
Net loss · FY 2024
₹2.41 Lakh margin -11.6%
EBITDA · FY 2024
-₹3.01 Lakh margin -14.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 8%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▼ 200%
5 years · compounded
▼ 70%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 18% fall in the latest year. EBITDA rose 42% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹3.01 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.41 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-14.5%
Net Profit Margin-11.6%
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 Change22 Infotech Private Limited, buy the company report.

Board of directors of Change22 Infotech Private Limited

Change22 Infotech has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Barinder Singh DeolDirector07 Dec 20214 Years 10 MonthsCurrent
Navrisham Kaur GrewalDirector23 Dec 201312 Years 10 MonthsCurrent

Peer comparison

Change22 Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Isharp Solutions Private Limited₹20.81 Lakh (FY 2021)2495.0%Bangalore, Karnataka, India
Altis Infonet Private Limited₹20.8 Lakh (FY 2025)80.0%Kolkata, West Bengal, India
Analog Cloudtech Private Limited₹20.79 Lakh (FY 2025)4.0%Lodhika, Gujarat, India
Bigdbiz Solutions Private Limited₹20.77 Lakh (FY 2024)-27.0%Madurai, Tamil Nadu, India
Rising Sun Technologies Private Limited₹20.75 Lakh (FY 2025)-14.0%Hyderabad, Telangana, India
Change22 Infotech Private Limitedthis company₹20.75 Lakh (FY 2024)-₹2.41 Lakh-11.6%-18.0%Pune, Maharashtra, India
IT Line 24 Technologies Private Limited₹20.74 Lakh (FY 2022)Indore, Madhya Pradesh, India
Compeer Softech Private Limited₹20.74 Lakh (FY 2024)22.0%Ahmedabad, Gujarat, India
Firenest Reality Consulting Private Limited₹20.72 Lakh (FY 2024)-26.0%Latur, Maharashtra, India
Affinate Private Limited₹20.72 Lakh (FY 2024)1972.0%Cuttack, Odisha, India
Techleaper Systems Private Limited₹20.69 Lakh (FY 2024)-45.0%Pune, Maharashtra, India

To see the full peer comparison of Change22 Infotech Private Limited, buy the company report.

Auditor

Change22 Infotech Private Limited is audited by Jitesh Telisara & Associates LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Jitesh Telisara & Associates LLPFY 2022140566W

Shareholding

The shareholding of Change22 Infotech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Change22 Infotech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Change22 Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Change22 Infotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCC5180K1ZFMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Change22 Infotech Private Limited, buy the company report.

Recent activity

Change22 Infotech Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Barinder Singh Deol was appointed as Director on 07 Dec 2021.

AGM
Change22 Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Change22 Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Barinder Singh Deol was appointed as Director.
Ceased
Anita Mehta ceased to be Director.
Ceased
Barinder Singh Deol ceased to be Director.
Ceased
Manoj Rameshwar Roy ceased to be Director.
Ceased
Mayuri Jain ceased to be Director.
Ceased
Deepti Singla ceased to be Director.
Ceased
Neha Singla ceased to be Director.
Appointed
Navrisham Kaur Grewal was appointed as Director.
Incorporation
23 Dec 2013
Change22 Infotech Private Limited was registered on 23 Dec 2013 with Roc Pune & aged 12 years 10 months as per MCA records.

Frequently asked questions

Change22 Infotech is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 December 2013 (13+ years old) and is registered under CIN U72900PN2013PTC149899.

Change22 Infotech has 2 current directors:

The latest financial statements of Change22 Infotech 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 Change22 Infotech is 27AAFCC5180K1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Change22 Infotech is U72900PN2013PTC149899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Change22 Infotech was incorporated on 23 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Change22 Infotech by revenue are Isharp Solutions Private Limited, Altis Infonet Private Limited, Analog Cloudtech Private Limited, Bigdbiz Solutions Private Limited, Rising Sun Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Barinder Singh Deol was appointed as Director on 07 Dec 2021. Anita Mehta ceased to be Director on 30 Nov 2021. Barinder Singh Deol ceased to be Director on 26 Mar 2019. Change22 Infotech has 8 board changes on record in total.

The registered office of Change22 Infotech is at A4 – 403 Kanchan Vrundavan Gat No. 196 Koregaon Mul, Pune, Maharashtra, India – 412101.

Change22 Infotech operates in the information technology industry, in the IT consulting and support services segment.

The compliance status of Change22 Infotech is compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.