DPIIT recognised startup Government of India
Startup India
Hemantika Tech Solution Private Limited - software in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2023
₹20,070
▲ 1769% YoY
Net loss · FY 2023
₹73,829
Net margin -367.9%
EBITDA · FY 2023
-₹6,575
EBITDA margin -32.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Hemantika Tech Solution Private Limited
Data last updated:
Hemantika Tech Solution Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 25 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2019PTC129982.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Naveen Patnaik Joggimahanthy and Rahul Soma Sundar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #2 B 1st Floor 16th Cross Vittal Nagar 50Ft Road Kumaraswamy Layout 2nd Stage, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2023, the company reported a revenue of ₹20,070, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹73,829 (net margin -367.9%) and EBITDA of -₹6,575 (EBITDA margin -32.8%).
The company is associated with 1 brand: PayNav.
For more details, the company can be reached via its website paynav.co.
Company details
CIN U72200KA2019PTC129982
Registration Number 129982
Incorporation Date 25 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Hemantika Tech Solution
Contact details
Hemantika Tech Solution Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Apps
- Registered Address#2 B 1st Floor 16th Cross Vittal Nagar 50Ft Road Kumaraswamy Layout 2nd Stage, Bangalore, Karnataka, India – 560078
- IndustrySoftware, Software Development, Software Publishing
Comprehensive company report
Hemantika Tech Solution 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hemantika Tech Solution is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Hemantika Tech Solution Private Limited, buy the company report.
Financials of Hemantika Tech Solution Private Limited
FY 2024 filings availableHemantika Tech Solution Private Limited reported revenue of ₹20,070 (up 1769% YoY) for FY 2023.
Revenue · FY 2023
₹20,070 ▲ 1769%
Net loss · FY 2023
₹73,829 margin -367.9%
EBITDA · FY 2023
-₹6,575 margin -32.8%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹6,575 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹73,829 | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -32.8% | |||
| Net Profit Margin | -367.9% | |||
| 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 Hemantika Tech Solution Private Limited, buy the company report.
Board of directors of Hemantika Tech Solution Private Limited
Hemantika Tech Solution has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Patnaik Joggimahanthy | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
| Rahul Soma Sundar Also directs: Eightmind Labs LLP | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Hemantika Tech Solution Private Limited 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Vibes Ventures Private Limited | ₹20,174 (FY 2016) | New Delhi, Delhi, India | ||||
| Ray Infocomm System Test Solution Private Limited | ₹20,155 (FY 2024) | 15.0% | New Delhi, Delhi, India | |||
| Noble Climate Services Private Limited | ₹20,112 (FY 2025) | Bangalore, Karnataka, India | ||||
| Eekai Innovations Private Limited | ₹20,100 (FY 2023) | 209.0% | Bangalore, Karnataka, India | |||
| Hemantika Tech Solution Private Limitedthis company | ₹20,070 (FY 2023) | -₹73,829 | -367.9% | 1769.0% | Bangalore, Karnataka, India | |
| Evon Fitness Private Limited | ₹20,050 (FY 2024) | -55.0% | Gurgaon, Haryana, India | |||
| Retiniscent Consultancy Services Private Limited | ₹20,050 (FY 2018) | New Panvel, Maharashtra, India | ||||
| Finrox Technologies Private Limited | ₹20,041 (FY 2023) | New Delhi, Delhi, India | ||||
| Uptrado Growth Private Limited | ₹20,010 (FY 2019) | -88.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hemantika Tech Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hemantika Tech Solution Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hemantika Tech Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hemantika Tech Solution Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hemantika Tech Solution Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Naveen Patnaik Joggimahanthy was appointed as Director on 25 Nov 2019.
AGM
Hemantika Tech Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hemantika Tech Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Naveen Patnaik Joggimahanthy was appointed as Director.
Appointed
Rahul Soma Sundar was appointed as Director.
Incorporation
25 Nov 2019
Hemantika Tech Solution Private Limited was registered on 25 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
Frequently asked questions
Hemantika Tech Solution is an active private limited company based in Bangalore, Karnataka, India. The company works in software development, within the software industry. It was incorporated on 25 November 2019 (7+ years old) and is registered under CIN U72200KA2019PTC129982.
Hemantika Tech Solution has 2 current directors:
- Naveen Patnaik Joggimahanthy - Director
- Rahul Soma Sundar - Director
The latest financial statements of Hemantika Tech Solution on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Hemantika Tech Solution is U72200KA2019PTC129982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hemantika Tech Solution was incorporated on 25 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hemantika Tech Solution by revenue are New Vibes Ventures Private Limited, Ray Infocomm System Test Solution Private Limited, Noble Climate Services Private Limited, Eekai Innovations Private Limited, Evon Fitness Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Naveen Patnaik Joggimahanthy was appointed as Director on 25 Nov 2019. Rahul Soma Sundar was appointed as Director on 25 Nov 2019.
Yes, Hemantika Tech Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Hemantika Tech Solution can be reached through the website paynav.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Hemantika Tech Solution is at #2 B 1st Floor 16th Cross Vittal Nagar 50Ft Road Kumaraswamy Layout 2nd Stage, Bangalore, Karnataka, India – 560078.
Hemantika Tech Solution operates in the software industry, in the software development segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages