Evolve Technologies & Services Private Limited - Company Profile

It is a telecom private limited company based in Mumbai, Maharashtra, India, established in 1991.
1991 Mumbai, Maharashtra, India Amalgamated
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About Evolve Technologies & Services Private Limited

Evolve Technologies & Services Private Limited, a amalgamated private limited company, was established on 25 July 1991 in Mumbai, Maharashtra, India. Engaging in telecom service providers within the support service to organizations sector, it holds CIN: U50404MH1991PTC310808. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.52 Cr.

Formerly known as Tandon Auto Udyog Pvt Ltd. It upholds a compliant status. Employing 582 professional, Its leadership includes Alaka Chanda (Director), Rituparna Chakraborty (Director), Ramani Dathi (Director). Past directors included Sudhir Bahadur Bajpai, Shilpa Kamlesh Avarsekar, Amitoj Adarsh Sethi. It holds no open charges and ₹46.11 Cr settled loans. Its latest AGM occurred on 25 August 2021, with the balance sheet filed on 31 March 2021. It is based at Office No 6,3Rd Floor,C Wing, Laxmi Towers,Bandra Kurla Complex,Bandra, (E), Mumbai, Maharashtra, 400051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U50404MH1991PTC310808

  • Registration Number

    310808

  • Incorporation Date

    25 July 1991

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.52 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.52 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 46.11 Cr
  • Revenue Growth **** -21.57%
  • Profit Growth **** -16.78%
  • Ebitda **** 400.98%
  • Net Worth 9.03%
  • Total Assets -20.51%
Company report

Evolve Technologies & Services Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Evolve Technologies & Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Evolve Technologies & Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Alaka Chanda Director 23 Mar 2021 Current
Rituparna Chakraborty Director 23 Mar 2021 Current
Ramani Dathi Director 21 Jan 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 06 Nov 2017 Past
Pramod Abcsdd Director 27 Sep 2018 Past
Pramod Abcsdd Managing Director 05 Sep 2018 Past
Pramod Abcsdd Managing Director 01 Nov 2017 Past
Pramod Abcsdd Additional Director 25 Aug 2021 Past
Pramod Abcsdd Additional Director 06 Nov 2017 Past

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Financial Performance of Evolve Technologies & Services.

Evolve Technologies & Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.57% decrease. The company also saw a substantial fall in profitability, with a 16.78% decrease in profit. The company's net worth moved up by a moderate rise of 9.03%.

Evolve Technologies & Services revenue growth over time
Evolve Technologies & Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -21.57%
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*******
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Revenue from Operations
*******
 -18.81%
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*******
*******
*******
Total Assets
*******
 -20.51%
*******
*******
*******
*******
Profit or Loss
*******
 -16.78%
*******
*******
*******
*******
Net Worth
*******
 9.03%
*******
*******
*******
*******
EBITDA
*******
 400.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Evolve Technologies & Services?

In 2020, Evolve Technologies & Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹461,070,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 40.50 Cr
  • Oriental Bank Of Commerce : 4.50 Cr
  • Dbs Bank Ltd : 1.00 Cr
  • State Bank Of India : 0.11 Cr
Latest Charge Details
Date Lender Amount Status
20 Feb 2016 Dbs Bank Ltd ₹1.00 Cr Satisfied
28 Jan 2015 Hdfc Bank Limited ₹21.50 Cr Satisfied
01 Nov 2014 Hdfc Bank Limited ₹19.00 Cr Satisfied
29 Mar 2010 Oriental Bank Of Commerce ₹4.50 Cr Satisfied
06 Jan 1995 State Bank Of India ₹1.07 M Satisfied

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How Many Employees Work at Evolve Technologies & Services?

Evolve Technologies & Services has a workforce of 582 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Evolve Technologies & Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Evolve Technologies & Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Evolve Technologies & Services
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 01 Nov 2014 via Charge ID 10533069 with Hdfc Bank Limited was fully satisfied on 14 Dec 2021. was completed.

  • Annual General Meeting

    The activity Evolve Technologies & Services Private Limited last Annual general meeting of members was held on 25 Aug 2021 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Evolve Technologies & Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Alaka Chanda was appointed as a Director was appointed as a Director on 23 Mar 2021 & has been associated with this company since 5 years 1 month . was completed.

  • Director Appointment

    Progress on Rituparna Chakraborty was appointed as a Director was appointed as a Director on 23 Mar 2021 & has been associated with this company since 5 years 1 month . was documented.

  • Director Appointment

    The activity Ramani Dathi was appointed as a Director was appointed as a Director on 21 Jan 2019 & has been associated with this company since 7 years 3 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Evolve Technologies & Services Private Limited?

The CIN of Evolve Technologies & Services Private Limited is U50404MH1991PTC310808.

Where is Evolve Technologies & Services Private Limited headquartered?

Evolve Technologies & Services Private Limited is headquartered at Office No 6,3Rd Floor,C Wing, Laxmi Towers,Bandra Kurla Complex,Bandra, (E), Mumbai, Maharashtra, 400051.

When was Evolve Technologies & Services Private Limited incorporated?

Evolve Technologies & Services Private Limited was incorporated on 25 July 1991.

Who are the current directors of Evolve Technologies & Services Private Limited?

The current directors of Evolve Technologies & Services Private Limited are

What is the primary industry of Evolve Technologies & Services Private Limited?

The primary industry of Evolve Technologies & Services Private Limited is Support Service To Organizations.

Is Evolve Technologies & Services Private Limited a listed company?

Evolve Technologies & Services Private Limited is unlisted.

What is the capital structure of Evolve Technologies & Services Private Limited?

The authorized capital of Evolve Technologies & Services Private Limited is ₹4.00 Cr, and the paid-up capital is ₹3.52 Cr.

What is the compliance status of Evolve Technologies & Services Private Limited?

The compliance status of Evolve Technologies & Services Private Limited is Compliant.

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