About Dnnovate Technologies Private Limited
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Dnnovate Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 03 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2020PTC345254. Its GSTIN is 27AAHCD9602R1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹40,000. It is led by directors including Rahul Gajanan Chute (Managing Director) and Mohan Gajanan Chute (Whole-Time Director).
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 R6 Sector/A 2110 S. No. 74 Life Republic Marunji Mulshi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.84 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹96,466 (net margin 14.1%) and EBITDA of ₹1.61 Lakh (EBITDA margin 23.6%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
The company is associated with 1 brand: Mathastic.
For more details, the company can be reached via its website mathastic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressR6 Sector/A 2110 S. No. 74 Life Republic Marunji Mulshi, Pune, Maharashtra, India – 411057
- IndustrySoftware, Software Publishing, Software Development
- 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 of Dnnovate Technologies Private Limited
The main business activity of Dnnovate Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dnnovate Technologies Private Limited FY 2025 filings available
Dnnovate Technologies Private Limited reported revenue of ₹6.84 Lakh (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dnnovate Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years, including 50% growth in the latest year. EBITDA fell 1% 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 of Dnnovate Technologies Private Limited
| 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 | ₹1.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96,466 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dnnovate Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dnnovate Technologies are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dnnovate Technologies Private Limited
Dnnovate Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agnotik Softwares Private Limited | ₹6.85 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Aurangabad, Maharashtra, India |
| Synovatic Technologies Private Limited | ₹6.85 Lakh (FY 2024) | •••• | •••• | 608.0% | •••• | Latur, Maharashtra, India |
| BMG Consulting Services Private Limited | ₹6.85 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Indore, Madhya Pradesh, India |
| Soltech Techservices Private Limited | ₹6.85 Lakh (FY 2022) | •••• | •••• | •••• | Valsad, Gujarat, India | |
| Inprout Private Limited | ₹6.85 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Ranchi, Jharkhand, India |
| Dnnovate Technologies Private Limited this company | ₹6.84 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Pune, Maharashtra, India |
| Decon Host and Software Solutions Private Limited | ₹6.84 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | Gurgaon, Haryana, India |
| Keshavam Krati Services Private Limited | ₹6.84 Lakh (FY 2024) | •••• | •••• | 281.0% | •••• | Kanpur, Uttar Pradesh, India |
| Valud Softwares Private Limited | ₹6.84 Lakh (FY 2023) | •••• | •••• | 270.0% | •••• | Aurangabad, Maharashtra, India |
| Sayeishaa Mep&Arch Solution Private Limited | ₹6.84 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Bhubaneswar, Odisha, India |
| Tax Coin Consultants Private Limited | ₹6.84 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Dnnovate Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Dnnovate Technologies Private Limited
Dnnovate Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Gajanan Chute | Whole-Time Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Rahul Gajanan Chute Also directs: Medhavatika Edlabs Private Limited | Managing Director | 03 Sep 2020 | 6 Years 1 Months | Current |
| Priyanka Ranjit Ingole | Whole-Time Director | 01 Feb 2022 | 4 Years 8 Months | Current |
Ownership and Shareholding of Dnnovate Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dnnovate Technologies Private Limited
Dnnovate Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Dnnovate Technologies Private Limited
Dnnovate Technologies operates one associated brand: Mathastic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers interactive gamified learning through games and worksheets for young children. | mathastic.com |
Employees and EPFO Compliance at Dnnovate Technologies Private Limited
Dnnovate Technologies Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dnnovate Technologies Private Limited
Dnnovate Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Priyanka Ranjit Ingole was appointed as Whole-Time Director on 01 Feb 2022.
Credit Ratings, Litigation & Regulatory Alerts for Dnnovate Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dnnovate Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Dnnovate Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Dnnovate Technologies Private Limited
Dnnovate Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCD9602R1ZZ | Maharashtra | Active | 06 Oct 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dnnovate Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dnnovate Technologies Private Limited
Dnnovate Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in software publishing, within the software industry. It was incorporated on 03 September 2020 (6+ years old) and is registered under CIN U72200MH2020PTC345254.
Dnnovate Technologies reported revenue of ₹6.84 Lakh for FY 2025 (up 50% YoY).
Dnnovate Technologies has 3 current directors:
- Rahul Gajanan Chute - Managing Director
- Mohan Gajanan Chute - Whole-Time Director
- Priyanka Ranjit Ingole - Whole-Time Director
Dnnovate Technologies reported a net profit of ₹96,466 (net margin 14.1%) and EBITDA of ₹1.61 Lakh (EBITDA margin 23.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dnnovate Technologies is 81% over three years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dnnovate Technologies is 27AAHCD9602R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dnnovate Technologies is U72200MH2020PTC345254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dnnovate Technologies was incorporated on 03 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dnnovate Technologies by revenue are Agnotik Softwares Private Limited, Synovatic Technologies Private Limited, BMG Consulting Services Private Limited, Soltech Techservices Private Limited, Inprout Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Priyanka Ranjit Ingole was appointed as Whole-Time Director on 01 Feb 2022. Mohan Gajanan Chute was appointed as Whole-Time Director on 03 Sep 2020. Rahul Gajanan Chute was appointed as Managing Director on 03 Sep 2020.
Yes, Dnnovate Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).