Cvrce Technology Incubator Foundation

Cvrce Technology Incubator Foundation - service in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U93000OR2018NPL029146 Incorporated 09 July 2018 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Not For Profit Company service
Data last updated
Revenue · FY 2024
₹8.4 Lakh
▲ 2517% YoY
Net loss · FY 2024
₹4.57 Lakh
Net margin -54.4%
EBITDA · FY 2024
-₹4.57 Lakh
EBITDA margin -54.4%
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Cvrce Technology Incubator Foundation

Data last updated:

Cvrce Technology Incubator Foundation is a private not for profit company based in Bhubaneswar, Odisha, India. It operates in the service-based operations segment of the services sector. It was incorporated on 09 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U93000OR2018NPL029146. Its GSTIN is 21AAHCC6573C1ZZ (Odisha).

It is led by directors Manoj Kumar Nayak and Sanjib Kumar Rout.

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 Plot No. 105 Mahura, Bhubaneswar, Odisha, India – 751054.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.4 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.57 Lakh (net margin -54.4%) and EBITDA of -₹4.57 Lakh (EBITDA margin -54.4%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.

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

Company details

CIN U93000OR2018NPL029146
Registration Number 029146
Incorporation Date 09 July 2018
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Cvrce Technology Incubator Foundation's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No. 105 Mahura, Bhubaneswar, Odisha, India – 751054
  • Industry
    Service, Other Services

To see the full contact details of Cvrce Technology Incubator Foundation, buy the company report.

Comprehensive company report
Cvrce Technology Incubator Foundation - 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 Cvrce Technology Incubator Foundation is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Cvrce Technology Incubator Foundation, buy the company report.

Financials of Cvrce Technology Incubator Foundation

FY 2025 filings available

Cvrce Technology Incubator Foundation reported revenue of ₹8.4 Lakh (up 2517% YoY) for FY 2024.

Revenue · FY 2024
₹8.4 Lakh ▲ 2517%
Net loss · FY 2024
₹4.57 Lakh margin -54.4%
EBITDA · FY 2024
-₹4.57 Lakh margin -54.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 61%
EBITDA CAGR growth
3 years · compounded
▼ 49%
5 years · compounded
▼ 173%

Revenue has grown at a compounded annual rate (CAGR) of 61% over three years. 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-₹4.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.57 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-54.4%
Net Profit Margin-54.4%
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 Cvrce Technology Incubator Foundation, buy the company report.

Board of directors of Cvrce Technology Incubator Foundation

Cvrce Technology Incubator Foundation has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj Kumar NayakDirector09 Jul 20188 Years 3 MonthsCurrent
Sanjib Kumar RoutDirector09 Jul 20188 Years 3 MonthsCurrent

Peer comparison

Cvrce Technology Incubator Foundation is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Healence Mind Solutions (OPC) Private Limited₹8.41 Lakh (FY 2025)0.0%Nuvem, Goa, India
Cxberries Solutions Private Limited₹8.41 Lakh (FY 2025)0.0%Pune, Maharashtra, India
Dronacharya Solutions Private Limited₹8.4 Lakh (FY 2022)Bhilwara, Rajasthan, India
Enhances Visa Immigration Private Limited₹8.4 Lakh (FY 2023)1463.0%Delhi, India
Cvrce Technology Incubator Foundationthis company₹8.4 Lakh (FY 2024)-₹4.57 Lakh-54.4%2517.0%Bhubaneswar, Odisha, India
Antstar Global Marketing Solutions Private Limited₹8.4 Lakh (FY 2025)5.0%Bicholim, Goa, India
Salvek Technologies Private Limited₹8.4 Lakh (FY 2025)3259.0%Noida, Uttar Pradesh, India
Rebirth Webonetix Private Limited₹8.4 Lakh (FY 2025)-18.0%Visnagar, Gujarat, India
Tecnipplex IT Solutions Private Limited₹8.39 Lakh (FY 2019)Pune, Maharashtra, India

To see the full peer comparison of Cvrce Technology Incubator Foundation, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cvrce Technology Incubator Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Cvrce Technology Incubator Foundation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AAHCC6573C1ZZOdishaActive01 Jan 2020

To see the full GST registrations and return filing status of Cvrce Technology Incubator Foundation, buy the company report.

Recent activity

Cvrce Technology Incubator Foundation has 2 board changes on record since 2018: 2 appointments. The latest: Manoj Kumar Nayak was appointed as Director on 09 Jul 2018.

AGM
Cvrce Technology Incubator Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cvrce Technology Incubator Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Appointed
Manoj Kumar Nayak was appointed as Director.
Appointed
Sanjib Kumar Rout was appointed as Director.
Incorporation
09 Jul 2018
Cvrce Technology Incubator Foundation was registered on 09 Jul 2018 with Roc Cuttack & aged 8 years 3 months as per MCA records.

Frequently asked questions

Cvrce Technology Incubator Foundation is an active private not for profit company based in Bhubaneswar, Odisha, India. The company works in other services, within the service industry. It was incorporated on 09 July 2018 (8+ years old) and is registered under CIN U93000OR2018NPL029146.

Cvrce Technology Incubator Foundation has 2 current directors:

The latest financial statements of Cvrce Technology Incubator Foundation 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 FY 2019 are in the company report.

The GSTIN of Cvrce Technology Incubator Foundation is 21AAHCC6573C1ZZ, registered in Odisha.

The CIN (Corporate Identification Number) of Cvrce Technology Incubator Foundation is U93000OR2018NPL029146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cvrce Technology Incubator Foundation was incorporated on 09 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Cvrce Technology Incubator Foundation by revenue are Healence Mind Solutions (OPC) Private Limited, Cxberries Solutions Private Limited, Dronacharya Solutions Private Limited, Enhances Visa Immigration Private Limited, Antstar Global Marketing Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).

Manoj Kumar Nayak was appointed as Director on 09 Jul 2018. Sanjib Kumar Rout was appointed as Director on 09 Jul 2018.

The registered office of Cvrce Technology Incubator Foundation is at Plot No. 105 Mahura, Bhubaneswar, Odisha, India – 751054.

Cvrce Technology Incubator Foundation operates in the service industry, in the other services segment.

The compliance status of Cvrce Technology Incubator Foundation is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.