Garvisai Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U72900MP2021PTC056432 Incorporated 25 June 2021 ROC Gwalior HQ Indore, Madhya Pradesh, India
Under Liquidation Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹6.77 Cr
▲ 137% YoY
Net profit · FY 2024
₹42.79 Lakh
Net margin 6.3%
EBITDA · FY 2024
₹70.86 Lakh
EBITDA margin 10.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered

About Garvisai Private Limited

Data last updated:

Garvisai Private Limited is a private limited company based in Indore, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 June 2021.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2021PTC056432. Its GSTIN is 23AAJCG0991N1Z8 (Madhya Pradesh).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50,000. It is led by directors including Pradeepa Daithota and Bharat Ramakant Upadhyay (Irp/Rp/Liquidator).

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Indore, Madhya Pradesh.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.77 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹42.79 Lakh (net margin 6.3%) and EBITDA of ₹70.86 Lakh (EBITDA margin 10.5%).

The company is associated with 1 brand: Garvis Analytics.

The last known website on record is garvis.ai.

Company details

CIN U72900MP2021PTC056432
Registration Number 056432
Incorporation Date 25 June 2021
ROC Gwalior
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Garvisai Private Limited's registered office is in Indore, Madhya Pradesh. Its website is garvis.ai. Its e-mail address is in the company report.

  • Email
  • Website
  • Social Media
  • Registered Address
    376 Lokmanya Nagar, Kesar Bagh Road, Indore, Madhya Pradesh, India – 452001
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Garvisai Private Limited, buy the company report.

Comprehensive company report
Garvisai Private Limited - 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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Brands

Garvisai operates one associated brand: Garvis Analytics. Each brand links to its own profile.

BrandDescriptionWebsite
AI and cloud-based platform for supply chain forecasting and demand planninggarvis.ai

Business activity

The main business activity of Garvisai is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Garvisai Private Limited, buy the company report.

Financials of Garvisai Private Limited

FY 2024 filings available

Garvisai Private Limited reported revenue of ₹6.77 Cr (up 137% YoY) for FY 2024.

Revenue · FY 2024
₹6.77 Cr ▲ 137%
Net profit · FY 2024
₹42.79 Lakh margin 6.3%
EBITDA · FY 2024
₹70.86 Lakh margin 10.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 137%

Revenue rose 137% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹70.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.79 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 2021-22
Profitability
EBITDA Margin10.5%
Net Profit Margin6.3%
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 Garvisai Private Limited, buy the company report.

Board of directors of Garvisai Private Limited

Garvisai has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pradeepa DaithotaDirector05 Apr 20251 Years 6 MonthsAs last reported
Bharat Ramakant UpadhyayIrp/Rp/Liquidator12 Jun 20251 Years 4 MonthsAs last reported
Telukutla Venkata Nasara ReddyDirector05 Apr 20251 Years 6 MonthsAs last reported
Harold Allan DowAdditional Director05 Sep 20233 Years 1 MonthsAs last reported
Vincent Carroll KlingesAdditional Director05 Sep 20233 Years 1 MonthsAs last reported
Ranjan Raju MysoreDirector Appointed In Casual Vacancy05 Sep 20233 Years 1 MonthsAs last reported

Peer comparison

Garvisai Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Compvue India Private Limited₹6.78 Cr (FY 2025)35.0%Chennai, Tamil Nadu, India
Opticpower Labs (OPC) Private Limited₹6.78 Cr (FY 2024)128.0%Bangalore, Karnataka, India
Tetra Information Services Private Limited₹6.77 Cr (FY 2024)1.0%New Delhi, Delhi, India
Garvisai Private Limitedthis company₹6.77 Cr (FY 2024)₹42.79 Lakh6.3%137.0%Indore, Madhya Pradesh, India
Estorifi Solutions Limited₹6.77 Cr (FY 2025)180.0%Mumbai, Maharashtra, India
Fecund Software Services Private Limited₹6.77 Cr (FY 2025)-26.0%Pune, Maharashtra, India
Tech Talent Consulting India Private Limited₹6.76 Cr (FY 2025)38.0%Bengaluru, Karnataka, India
Sieva Networks Solutions Private Limited₹6.76 Cr (FY 2025)20.0%Thiruvananthapuram, Kerala, India

To see the full peer comparison of Garvisai Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Garvisai Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Garvisai Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

Garvisai has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAJCG0991N1Z8Madhya PradeshActive29 Jul 2021

To see the full GST registrations and return filing status of Garvisai Private Limited, buy the company report.

Recent activity

Garvisai Private Limited has 13 board changes on record since 2023: 6 appointments and 7 cessations. The latest: Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator on 12 Jun 2025.

Appointed
Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator.
Ceased
Pradeepa Daithota ceased to be Additional Director.
Ceased
Telukutla Venkata Nasara Reddy ceased to be Additional Director.
Ceased
Harold Allan Dow ceased to be Additional Director.
Appointed
Pradeepa Daithota was appointed as Director.
Ceased
Ranjan Raju Mysore ceased to be Director Appointed In Casual Vacancy.
Appointed
Telukutla Venkata Nasara Reddy was appointed as Director.
Ceased
Vincent Carroll Klinges ceased to be Additional Director.
AGM
Garvisai Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Garvisai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Chinmay Narwane ceased to be Director.
Appointed
Harold Allan Dow was appointed as Additional Director.

4 earlier events are in the company report.

Frequently asked questions

Garvisai is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Garvisai is a company under liquidation, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 June 2021 and is registered under CIN U72900MP2021PTC056432. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Garvisai has 6 current directors:

The latest financial statements of Garvisai on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Garvisai is U72900MP2021PTC056432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Garvisai was incorporated on 25 June 2021. It is registered with the Registrar of Companies, Gwalior.

The peers of Garvisai by revenue are Compvue India Private Limited, Opticpower Labs (OPC) Private Limited, Tetra Information Services Private Limited, Estorifi Solutions Limited, Fecund Software Services Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator on 12 Jun 2025. Pradeepa Daithota ceased to be Additional Director on 29 May 2025. Telukutla Venkata Nasara Reddy ceased to be Additional Director on 29 May 2025. Garvisai has 13 board changes on record in total.

Garvisai can be reached through the website garvis.ai. Its registered office is in Indore, Madhya Pradesh, India.

The registered office of Garvisai is at 376 Lokmanya Nagar, Kesar Bagh Road, Indore, Madhya Pradesh, India – 452001.

The GSTIN of Garvisai is 23AAJCG0991N1Z8, registered in Madhya Pradesh.