MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0005838
Competent Groove Private Limited - information technology in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.28 Cr
▲ 30% YoY
Net profit · FY 2024
₹50.42 Lakh
Net margin 11.8%
EBITDA · FY 2024
₹1 Cr
EBITDA margin 23.4%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹42.11 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
23
Provident fund records
About Competent Groove Private Limited
Data last updated:
Competent Groove Private Limited is a private limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2013PTC034796. Its GSTIN is 04AAFCC4817M1ZL (Chandigarh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹42.11 Lakh. It is led by directors including Umang Tandon and Deepak Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1636, Basement Cabin No. 2 Sector 18 D, Chandigarh, India – 160018.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.28 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹50.42 Lakh (net margin 11.8%) and EBITDA of ₹1 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 41% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: URVA, FeetPort and Competent Groove. As per MCA filings, the company has open charges of ₹30 Lakh on record. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19 Lakh; the latest was in August 2021. Its 5 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 4 smaller; the largest is Sobis Software (India) Private Limited with revenue of ₹4.3 Cr.
Competent Groove Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0005838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website competentgroove.com.
Company details
CIN U72900CH2013PTC034796
Registration Number 034796
Incorporation Date 01 November 2013
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CH-01-0005838
Recognitions & Rankings of Competent Groove
Contact details
Competent Groove Private Limited's registered office is in Chandigarh, Chandigarh. Its website is competentgroove.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1636, Basement Cabin No. 2 Sector 18 D, Chandigarh, India – 160018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Competent Groove Private Limited, buy the company report.
Comprehensive company report
Competent Groove 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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Secure checkout · GST invoice included
Brands
Competent Groove operates multiple associated brands including URVA, FeetPort, and Competent Groove. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Field force app for sales automation and service management. | urva.co | |
| Potato farming, grain marketing, and equipment services in Maine. | feetport.com | |
| Delivers software for field force and sales force automation. | competentgroove.com |
Business activity
The main business activity of Competent Groove 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 Competent Groove Private Limited, buy the company report.
Financials of Competent Groove Private Limited
FY 2025 filings availableCompetent Groove Private Limited reported revenue of ₹4.28 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹4.28 Cr ▲ 30%
Net profit · FY 2024
₹50.42 Lakh margin 11.8%
EBITDA · FY 2024
₹1 Cr margin 23.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 40%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 12%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 30% growth in the latest year. EBITDA rose 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹50.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 23.4% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Competent Groove Private Limited, buy the company report.
Board of directors of Competent Groove Private Limited
Competent Groove has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umang Tandon Also directs: Urva World Private Limited, Groove Co-Working LLP | Director | 19 Feb 2022 | 4 Years 8 Months | Current |
| Deepak Sharma Also directs: Urva AI Private Limited | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Saraansh Tandon Also directs: New Pankhuri Developers Private Limited, Urva World Private Limited, Urva AI Private Limited and 1 more | Director | 01 Nov 2013 | 12 Years 11 Months | Current |
| Mohit Gulati Also directs: LHCR Resources Private Limited | Director | 19 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Competent Groove Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with 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 |
|---|---|---|---|---|---|---|
| Sobis Software (India) Private Limited | ₹4.3 Cr (FY 2025) | 25.0% | Bangalore, Karnataka, India | |||
| Competent Groove Private Limitedthis company | ₹4.28 Cr (FY 2024) | ₹50.42 Lakh | 11.8% | 30.0% | 23 | Chandigarh, India |
| Arich Info Tech Private Limited | ₹4.27 Cr (FY 2023) | 16.0% | Chennai, Tamil Nadu, India | |||
| Protech Infosystems Private Limited | ₹4.26 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Bees Software Solutions Private Limited | ₹4.25 Cr (FY 2024) | 9.0% | Kakinada, Andhra Pradesh, India | |||
| Iamops India Private Limited | ₹4.25 Cr (FY 2024) | 38.0% | Delhi, India |
To see the full peer comparison of Competent Groove Private Limited, buy the company report.
Auditor
Competent Groove Private Limited is audited by HARI S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARI S & ASSOCIATES | FY 2023 | R03873379 |
Shareholding
The shareholding of Competent Groove 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 Competent Groove Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2022 | 100625859 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Competent Groove Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19 Lakh; the latest was in August 2021.
Total deals
5
Secondary share transfers
3
Funding round
1
Rights issue
1
Disclosed funding
₹19 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Rights issue | ₹70 Lakh | Investors: Saraansh Tandon HUF, an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Stan Professionals Private Limited Seller: an individual |
| Sep 2016 | Funding round | ₹19 Lakh | Investors: an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Competent Groove 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 Competent Groove Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Competent Groove has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Competent Groove Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
4.55%
GST
Competent Groove has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAFCC4817M1ZL | Chandigarh | Active | 01 Jul 2017 |
| 03AAFCC4817M1ZN | Punjab | Active | 13 Jan 2022 |
To see the full GST registrations and return filing status of Competent Groove Private Limited, buy the company report.
Recent activity
Competent Groove Private Limited has 8 board changes on record since 2013: 4 appointments and 4 cessations. The latest: Deepak Sharma ceased to be Additional Director on 30 Sep 2022.
AGM
Competent Groove Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Competent Groove Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Deepak Sharma ceased to be Additional Director.
Ceased
Mohit Gulati ceased to be Additional Director.
Ceased
Umang Tandon ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100625859 was registered on 20 Sep 2022.
Appointed
Deepak Sharma was appointed as Director.
Ceased
Hari Singh Khurana ceased to be Director.
Appointed
Mohit Gulati was appointed as Director.
Appointed
Umang Tandon was appointed as Director.
Appointed
Saraansh Tandon was appointed as Director.
Incorporation
01 Nov 2013
Competent Groove Private Limited was registered on 01 Nov 2013 with Roc Chandigarh & aged 12 years 11 months as per MCA records.
Frequently asked questions
Competent Groove is an active private limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 November 2013 (13+ years old) and is registered under CIN U72900CH2013PTC034796.
Competent Groove has 4 current directors:
- Umang Tandon - Director
- Deepak Sharma - Director
- Saraansh Tandon - Director
- Mohit Gulati - Director
The latest financial statements of Competent Groove on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Competent Groove is 04AAFCC4817M1ZL, registered in Chandigarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAFCC4817M1ZN (Punjab).
The CIN (Corporate Identification Number) of Competent Groove is U72900CH2013PTC034796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Competent Groove was incorporated on 01 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
Competent Groove has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19 Lakh; the latest was in August 2021.
The peers of Competent Groove by revenue are Sobis Software (India) Private Limited, Arich Info Tech Private Limited, Protech Infosystems Private Limited, Bees Software Solutions Private Limited, Iamops India Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Deepak Sharma ceased to be Additional Director on 30 Sep 2022. Mohit Gulati ceased to be Additional Director on 30 Sep 2022. Umang Tandon ceased to be Additional Director on 30 Sep 2022. Competent Groove has 8 board changes on record in total.
Yes, Competent Groove is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0005838).
Competent Groove can be reached through the website competentgroove.com. Its registered office is in Chandigarh, India.