About Comviva Technologies Limited
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Comviva Technologies Limited is a public limited company based in Gurugram, Haryana, India, a subsidiary of Tech Mahindra Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR1999PLC041214. Its GSTIN is 06AABCB0102A1ZX (Haryana). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹33.5 Cr and a paid-up capital of ₹24.34 Cr. It was formerly known as Bharti Telesoft Limited and Bharti Telesoft International Private Limited. It is led by directors including Atul Soneja and Ajay Natvarbhai Mehta.
Its last annual general meeting (AGM) was held on 10 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th 7th & 8th Floor Capital Cyberscape Sector – 59 Golf Course Extension Road, Gurugram, Haryana, India – 122102.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,508.7 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹105.2 Cr (net margin 7%) and EBITDA of ₹318.9 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The company has about 2,326 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Comviva and Factoreal. As per MCA filings, the company has open charges of ₹183 Cr and satisfied charges of ₹61.39 Cr on record. Court records list 19 cases involving the company, including 17 filed by the company and 2 filed against it; 4 cases are pending. The company has 19 deals on record (17 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹21.29 Cr; the latest was in September 2023. The company has 7 MSME Form 1 returns on record between 2019 and 2021, listing 359 overdue payments to 53 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindracomviva.com.
Company details
Name history
Comviva Technologies has undergone 2 name changes throughout its history. The company was previously known as Bharti Telesoft Limited, and Bharti Telesoft International Private Limited. The current legal name is Comviva Technologies Limited.
| Company Name | Status |
|---|---|
| Comviva Technologies Limited | Current |
| Bharti Telesoft Limited | Previous |
| Bharti Telesoft International Private Limited | Previous |
CIN history
Comviva Technologies has one previous CIN (Corporate Identification Number): U72200DL1999PLC099660. The current CIN is U72200HR1999PLC041214, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200HR1999PLC041214 | Current |
| U72200DL1999PLC099660 | Previous |
Contact details
Comviva Technologies Limited's registered office is in Gurugram, Haryana. Its website is mahindracomviva.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th 7th & 8th Floor Capital Cyberscape Sector – 59 Golf Course Extension Road, Gurugram, Haryana, India – 122102
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Comviva Technologies 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
Comviva Technologies operates two associated brands: Comviva and Factoreal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software platforms for telecommunications, digital payments, and experiences are provided. | comviva.com | |
| Omnichannel customer engagement is enabled via integrated marketing tools. | factoreal.com |
Business activity
The main business activities of Comviva Technologies are information and communication and trade. In detail, this covers publishing of computer operating systems, system software, application software, games, etc., retail trading and computer programming, consultancy and related activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | |
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Comviva Technologies Limited, buy the company report.
Financials of Comviva Technologies Limited
FY 2025 filings availableComviva Technologies Limited reported revenue of ₹1,508.7 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 13% growth in the latest year. EBITDA rose 56% 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 |
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| EBITDA | ₹318.9 Cr | ||||
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| Net Profit (PAT) | ₹105.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.1% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Comviva Technologies Limited, buy the company report.
Board of directors and KMP of Comviva Technologies Limited
Comviva Technologies Limited currently reports 4 directors and 1 key managerial person. 34 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Soneja | Director | 20 Oct 2023 | 3 Years 0 Months | Current |
| Ajay Natvarbhai Mehta | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Richard Gerard Lobo | Director | 04 Apr 2024 | 2 Years 7 Months | Current |
| Rajesh Bhimsen Chandiramani | Ceo | 01 Jun 2024 | 2 Years 5 Months | Current |
| Chandra Lakshminarayan Iyer Also directs: Emudhra Limited, Mahindra Steel Service Centre Limited, Zipzap Logistics Private Limited and 1 more | Additional Director | 01 Apr 2025 | 1 Years 7 Months | Current |
Auditor
Comviva Technologies Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
The shareholding of Comviva Technologies 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 Comviva Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2020 | 100414740 | Others | ₹30 Cr | Open | |
| 05 Jul 2016 | 100049655 | Hdfc Bank Limited | ₹75 Cr | Open | |
| 22 Jun 2011 | 10292005 | Standard Chartered Bank | ₹35 Cr | Open | |
| 06 Dec 2007 | 10087240 | Idbi Bank Limited | ₹43 Cr | Open | |
| 08 Jul 2015 | 10582497 | Others | ₹35 Cr | Satisfied |
To see the full charge records of Comviva Technologies Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Comviva Technologies Limited has 19 deals on record (17 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹21.29 Cr; the latest was in September 2023.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹240 Cr | Investors: Tech Mahindra Limited |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: Comviva Esop Trust |
To see the full deal history of Comviva Technologies 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
Comviva Technologies Limited has 19 court cases on record: 17 filed by Comviva Technologies, 2 filed against it. 4 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 2 | 3 |
| District courts | 3 | 0 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Bses, Rajdhani Power Ltd. | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Lion Services Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against Etisalat DB Telecom Pvt. Ltd . - U74992mh2006ptc163071 and 3 Others | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Department of Scientific and Industrial Research & Ors. | Pending |
| District court, Gurugram, Haryana | Court case (COMI) | Filed by the company against an individual | Pending |
To see the full case history of Comviva Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Comviva Technologies Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 359 overdue payments to 53 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 (5 of 53)
To see the full MSME payment records of Comviva Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Comviva Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Yabx India Private Limited | U74999HR2020PTC087507 |
To see the full group structure of Comviva Technologies Limited, buy the company report.
Employees & EPFO
Comviva Technologies Limited has a workforce of 2,326 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Comviva Technologies has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCB0102A1ZX | Haryana | Active | 01 Jul 2017 |
| 27AABCB0102A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 29AABCB0102A1ZP | Karnataka | Active | 01 Jul 2017 |
| 21AABCB0102A1Z5 | Odisha | Active | 09 Aug 2019 |
To see the full GST registrations and return filing status of Comviva Technologies Limited, buy the company report.
Recent activity
Comviva Technologies Limited has 39 board changes on record since 2007: 6 appointments and 33 cessations. The latest: Ajay Natvarbhai Mehta was appointed as Director on 01 Apr 2025.
50 earlier events are in the company report.
News
Frequently asked questions
Comviva Technologies is an active public limited company based in Gurugram, Haryana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 May 1999 (27+ years old) and is registered under CIN U72200HR1999PLC041214.
Comviva Technologies has 5 current directors and KMP:
- Atul Soneja - Director
- Ajay Natvarbhai Mehta - Director
- Richard Gerard Lobo - Director
- Chandra Lakshminarayan Iyer - Additional Director
- Rajesh Bhimsen Chandiramani - Ceo
The latest financial statements of Comviva Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Comviva Technologies is 06AABCB0102A1ZX, registered in Haryana. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCB0102A1ZT (Maharashtra), 29AABCB0102A1ZP (Karnataka), 21AABCB0102A1Z5 (Odisha).
The CIN (Corporate Identification Number) of Comviva Technologies is U72200HR1999PLC041214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comviva Technologies has 19 court cases on record: 17 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.
Comviva Technologies was incorporated on 07 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Comviva Technologies has 19 deals on record (17 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹21.29 Cr; the latest was in September 2023.
Ajay Natvarbhai Mehta was appointed as Director on 01 Apr 2025. Ajay Natvarbhai Mehta ceased to be Director on 01 Apr 2025. Chandra Lakshminarayan Iyer was appointed as Additional Director on 01 Apr 2025. Comviva Technologies has 39 board changes on record in total.
Comviva Technologies has 7 MSME Form 1 returns on record between 2019 and 2021, listing 359 overdue payments to 53 micro and small suppliers. The latest return was filed on 28 Oct 2021.
Comviva Technologies can be reached through the website mahindracomviva.com. Its registered office is in Gurugram, Haryana, India.
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