About Cleverex Technology Private Limited
Data last updated:
Cleverex Technology Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC167537. Its GSTIN is 27AAGCC8379M1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hemangi Prasad Joshi and Prasad Mohan Joshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vishakha Society Plot No. 10A/2 S9 Hissa 15B16A Karve Nagar, Pune, Maharashtra, India – 411052.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.23 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.73 Lakh (net margin 0.7%) and EBITDA of ₹9.44 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cleverextechnology.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleverextechnology.com.
Company details
Contact details
Cleverex Technology Private Limited's registered office is in Pune, Maharashtra. Its website is cleverextechnology.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVishakha Society Plot No. 10A/2 S9 Hissa 15B16A Karve Nagar, Pune, Maharashtra, India – 411052
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cleverex Technology Private Limited, buy the company report.
- 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
Brands
Cleverex Technology operates one associated brand: Cleverextechnology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services, product engineering, and consulting for various industries. | cleverextechnology.com |
Business activity
The main business activity of Cleverex Technology 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cleverex Technology Private Limited, buy the company report.
Financials of Cleverex Technology Private Limited
FY 2025 filings availableCleverex Technology Private Limited reported revenue of ₹5.23 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹9.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.73 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Cleverex Technology Private Limited, buy the company report.
Board of directors of Cleverex Technology Private Limited
Cleverex Technology has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemangi Prasad Joshi | Director | 16 Dec 2016 | 9 Years 10 Months | Current |
| Prasad Mohan Joshi Also directs: Gritup Solutions Private Limited | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
| Nikhil Mohan Joshi | Director | 16 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Cleverex Technology Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Zerocater India Private Limited | ₹5.24 Cr (FY 2025) | 2.0% | Gurugram, Haryana, India | |||
| Mobio Solutions Private Limited | ₹5.23 Cr (FY 2025) | -19.0% | Ahmedabad, Gujarat, India | |||
| Cleverex Technology Private Limitedthis company | ₹5.23 Cr (FY 2025) | ₹3.73 Lakh | 0.7% | -12.0% | 38 | Pune, Maharashtra, India |
| Technology Solutions2 India Private Limited | ₹5.23 Cr (FY 2025) | 12.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Cleverex Technology Private Limited, buy the company report.
Auditor
Cleverex Technology Private Limited is audited by KIRAN V GANDHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRAN V GANDHI & CO | FY 2023 | 130909W |
Shareholding
The shareholding of Cleverex Technology 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cleverex Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cleverex Technology 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
No delayed payments to MSME suppliers are on our record for Cleverex Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cleverex Technology Private Limited has a workforce of 38 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Cleverex Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC8379M1ZV | Maharashtra | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of Cleverex Technology Private Limited, buy the company report.
Recent activity
Cleverex Technology Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Prasad Mohan Joshi ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Cleverex Technology is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 December 2016 (10+ years old) and is registered under CIN U72900PN2016PTC167537.
Cleverex Technology has 3 current directors:
- Hemangi Prasad Joshi - Director
- Prasad Mohan Joshi - Director
- Nikhil Mohan Joshi - Director
The latest financial statements of Cleverex Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Cleverex Technology is 27AAGCC8379M1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cleverex Technology is U72900PN2016PTC167537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cleverex Technology was incorporated on 16 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Cleverex Technology by revenue are Zerocater India Private Limited, Mobio Solutions Private Limited, Technology Solutions2 India Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Prasad Mohan Joshi ceased to be Additional Director on 31 Dec 2020. Prasad Mohan Joshi was appointed as Director on 14 Oct 2020. Hemangi Prasad Joshi was appointed as Director on 16 Dec 2016. Cleverex Technology has 4 board changes on record in total.
Cleverex Technology can be reached through the website cleverextechnology.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Cleverex Technology is at Vishakha Society Plot No. 10A2 S9 Hissa 15B16A Karve Nagar, Pune, Maharashtra, India – 411052.
Cleverex Technology operates in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
