- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0138243

About Envecon Global Solutions Private Limited
Data last updated:
Envecon Global Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Envecon It Systems Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1992PTC375904. Its GSTIN is 27AAACL0195J1ZG (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10.53 Cr. It was formerly known as Envecon Global Solution Private Limited and Latest Tradelinks P Ltd. It is led by directors Rajesh Gopalkrishnan Nair and Pradhnesh Krishna Bhonsale.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹95.89 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹23.84 Cr (net margin 24.9%) and EBITDA of ₹25.76 Cr (EBITDA margin 26.9%).
The company has about 158 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.23 Cr; the latest was in February 2019. Its 8 peer companies in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (other information & communication service activities) are compared by revenue, 4 larger and 4 smaller; the largest is V Group Consultancy Services Private Limited with revenue of ₹19.37 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 3 micro and small suppliers.
Envecon Global Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0138243). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website envecon.com.
Company details
Name history
Envecon Global Solutions has undergone 3 name changes throughout its history. The company was previously known as Envecon Global Solution Private Limited, Latest Tradelinks P Ltd, and Ifs Solutions India Private Limited. The current legal name is Envecon Global Solutions Private Limited.
| Company Name | Status |
|---|---|
| Envecon Global Solutions Private Limited | Current |
| Envecon Global Solution Private Limited | Previous |
| Latest Tradelinks P Ltd | Previous |
| Ifs Solutions India Private Limited | Previous |
CIN history
Envecon Global Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899MH1992PTC375904, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1992PTC375904 | Current |
| U74899UP1992PTC046751 | Previous |
| U74899DL1992PTC049761 | Previous |
Recognitions & Rankings of Envecon Global Solutions
Contact details
Envecon Global Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is envecon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 Bldg No 02 Wing – C Sai Enclave Bhd Bus Depot Hariyali Village Vikhroli, (East), Mumbai, Maharashtra, India – 400083
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Envecon Global Solutions 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
Financials of Envecon Global Solutions Private Limited
FY 2024 filings availableEnvecon Global Solutions Private Limited reported revenue of ₹95.89 Cr (up 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA fell 1% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹95.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.84 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.9% | ||||
| Net Profit Margin | 24.9% | ||||
| 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 Envecon Global Solutions Private Limited, buy the company report.
Board of directors of Envecon Global Solutions Private Limited
Envecon Global Solutions has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Gopalkrishnan Nair Also directs: Envecon Software Private Limited, Logstar Erp India Private Limited, Envecon Foundation and 5 more | Director | 25 Feb 2019 | 7 Years 7 Months | Current |
| Pradhnesh Krishna Bhonsale | Director | 25 Feb 2019 | 7 Years 7 Months | Current |
Peer comparison
Envecon Global Solutions Private Limited is compared with the 8 companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Envecon Global Solutions Private Limitedthis company | ₹95.89 Cr (FY 2023) | ₹23.84 Cr | 24.9% | 38.0% | 158 | Mumbai, Maharashtra, India |
| V Group Consultancy Services Private Limited | ₹19.37 Cr (FY 2024) | 28.0% | Bhopal, Madhya Pradesh, India | |||
| Ci Global Technologies Private Limited | ₹19.37 Cr (FY 2025) | 80.0% | Chennai, Tamil Nadu, India | |||
| Sanria Engineering and Consulting Private Limited | ₹19.31 Cr (FY 2024) | -1.0% | Bangalore, Karnataka, India | |||
| Intercad Systems Private Limited | ₹19.31 Cr (FY 2025) | 29.0% | Ernakulam, Kerala, India | |||
| Nascent Info Technologies Private Limited | ₹19.29 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Sysware Infotech Private Limited | ₹19.25 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Vembu Technologies Private Limited | ₹19.21 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Manomay Innsurtech Private Limited | ₹19.2 Cr (FY 2025) | 37.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Envecon Global Solutions Private Limited, buy the company report.
Auditor
Envecon Global Solutions Private Limited is audited by Akshay D. Shah & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Akshay D. Shah & Co. LLP | FY 2023 | 121865W |
Shareholding
The shareholding of Envecon Global Solutions 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 Envecon Global Solutions Private Limited, buy the company report.
Deals & funding
Envecon Global Solutions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.23 Cr; the latest was in February 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Envecon It System Private Limited, 2 individuals Seller: IFS Solutions Asia Pacific Private Limited, an individual |
| Mar 2010 | Funding round | ₹7.23 Cr | Investors: IFS Solutions Asia Pacific Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Envecon Global Solutions Private Limited has 3 court cases on record: 1 filed by Envecon Global Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Vayam Technologies Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle 12(1) | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Envecon Global Solutions Private 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
Envecon Global Solutions Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Baehal Software Limited | |||
| Prov Infotech Systems Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Envecon Global Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Envecon Global Solutions Private Limited has a workforce of 158 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Envecon Global Solutions has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL0195J1ZG | Maharashtra | Active | 18 Feb 2020 |
| 09AAACL0195J1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AAACL0195J2ZB | Karnataka | Active | 25 Mar 2021 |
To see the full GST registrations and return filing status of Envecon Global Solutions Private Limited, buy the company report.
Recent activity
Envecon Global Solutions Private Limited has 12 board changes on record since 2007: 2 appointments and 10 cessations. The latest: Pradhnesh Krishna Bhonsale ceased to be Additional Director on 30 Sep 2019.
3 earlier events are in the company report.
Frequently asked questions
Envecon Global Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 July 1992 (34+ years old) and is registered under CIN U74899MH1992PTC375904.
Envecon Global Solutions has 2 current directors:
- Rajesh Gopalkrishnan Nair - Director
- Pradhnesh Krishna Bhonsale - Director
The latest financial statements of Envecon Global Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Envecon Global Solutions is 27AAACL0195J1ZG, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAACL0195J1ZE (Uttar Pradesh), 29AAACL0195J2ZB (Karnataka).
The CIN (Corporate Identification Number) of Envecon Global Solutions is U74899MH1992PTC375904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Envecon Global Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Envecon Global Solutions was incorporated on 30 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Envecon Global Solutions has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹7.23 Cr; the latest was in February 2019.
The peers of Envecon Global Solutions by revenue are V Group Consultancy Services Private Limited, Ci Global Technologies Private Limited, Sanria Engineering and Consulting Private Limited, Intercad Systems Private Limited, Nascent Info Technologies Private Limited and 3 more, all in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (other information & communication service activities).
Pradhnesh Krishna Bhonsale ceased to be Additional Director on 30 Sep 2019. Rajesh Gopalkrishnan Nair ceased to be Additional Director on 30 Sep 2019. Nilesh Kumar ceased to be Director on 25 Feb 2019. Envecon Global Solutions has 12 board changes on record in total.
Yes, Envecon Global Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0138243).
Envecon Global Solutions has 4 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 10 Jun 2020.