MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0201232
Hevo Technologies India Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.49 Cr
▼ 18% YoY
Net profit · FY 2025
₹9.19 Cr
Net margin 11.4%
EBITDA · FY 2025
₹12.88 Cr
EBITDA margin 16%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Hevo Technologies India Private Limited
Data last updated:
Hevo Technologies India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Hevo Data Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017FTC105619. Its GSTIN is 29AAECH2843R1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sarad Mohanan and Rajashree Udupi Bhat.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Wework Prestige Atlanta 80 Feet Main Road Koramangala 1A Block Industrial Layout, Bengaluru, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.49 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹9.19 Cr (net margin 11.4%) and EBITDA of ₹12.88 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 69% over five years.
The company is associated with 1 brand: Hevo Data.
Hevo Technologies India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0201232). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hevodata.com.
Company details
CIN U72900KA2017FTC105619
Registration Number 105619
Incorporation Date 17 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hevo Data Inc.
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0201232
Recognitions & Rankings of Hevo Technologies India
Contact details
Hevo Technologies India Private Limited's registered office is in Bengaluru, Karnataka. Its website is hevodata.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework Prestige Atlanta 80 Feet Main Road Koramangala 1A Block Industrial Layout, Bengaluru, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Hevo Technologies India Private Limited, buy the company report.
Comprehensive company report
Hevo Technologies India 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
Brands
Hevo Technologies India operates one associated brand: Hevo Data. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data integration and pipelines are automated via a no-code platform. | hevodata.com |
Business activity
The main business activity of Hevo Technologies India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Hevo Technologies India Private Limited, buy the company report.
Financials of Hevo Technologies India Private Limited
FY 2025 filings availableHevo Technologies India Private Limited reported revenue of ₹80.49 Cr (down 18% YoY) for FY 2025.
Revenue · FY 2025
₹80.49 Cr ▼ 18%
Net profit · FY 2025
₹9.19 Cr margin 11.4%
EBITDA · FY 2025
₹12.88 Cr margin 16%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 20%
5 years · compounded
▲ 69%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 24%
5 years · compounded
▲ 87%
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 23% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.88 Cr | ||||
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| Net Profit (PAT) | ₹9.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 11.4% | ||||
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To see the full financial statements and ratios of Hevo Technologies India Private Limited, buy the company report.
Board of directors of Hevo Technologies India Private Limited
Hevo Technologies India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarad Mohanan | Director | 17 Aug 2017 | 9 Years 2 Months | Current |
| Rajashree Udupi Bhat | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Hevo Technologies India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gramener Technology Solutions Private Limited | ₹87.24 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Advanced Investment Mechanics India Private Limited | ₹86.33 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Nextscm Solutions Private Limited | ₹85.46 Cr (FY 2025) | -8.0% | Bangalore, Karnataka, India | |||
| Hoichoi Technologies Private Limited | ₹84.86 Cr (FY 2024) | 29.0% | Kolkata, West Bengal, India | |||
| Zoomcar India Private Limited | ₹84.65 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Hevo Technologies India Private Limitedthis company | ₹80.49 Cr (FY 2025) | ₹9.19 Cr | 11.4% | -18.0% | Bengaluru, Karnataka, India | |
| Cheers Interactive (India) Private Limited | ₹80.45 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Mmi Online Limited | ₹80.4 Cr (FY 2025) | 17.0% | Kanpur, Uttar Pradesh, India | |||
| CTRL S (India) Private Limited | ₹80.11 Cr (FY 2024) | 188.0% | Hyderabad, Telangana, India | |||
| Triangular Infosolutions Private Limited | ₹78.7 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Passion Gaming Private Limited | ₹77.75 Cr (FY 2025) | 11.0% | Panchkula, Haryana, India |
To see the full peer comparison of Hevo Technologies India Private Limited, buy the company report.
Auditor
Hevo Technologies India Private Limited is audited by B S R & Co. LLP Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP Chartered Accountants | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Hevo Technologies India 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 Hevo Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hevo Technologies India 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
Hevo Technologies India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 11 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Guru and Jana Chartered Accountants |
To see the full MSME payment records of Hevo Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Hevo Technologies India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH2843R1ZX | Karnataka | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Hevo Technologies India Private Limited, buy the company report.
Recent activity
Hevo Technologies India Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Rajashree Udupi Bhat ceased to be Additional Director on 30 Nov 2021.
AGM
Hevo Technologies India Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Filing
Hevo Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Rajashree Udupi Bhat ceased to be Additional Director.
Ceased
Rachit Watts ceased to be Director.
Appointed
Rajashree Udupi Bhat was appointed as Director.
Appointed
Sarad Mohanan was appointed as Director.
Incorporation
17 Aug 2017
Hevo Technologies India Private Limited was registered on 17 Aug 2017 with Roc Bangalore & aged 9 years 2 months as per MCA records.
News
Frequently asked questions
Hevo Technologies India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 August 2017 (9+ years old) and is registered under CIN U72900KA2017FTC105619.
Hevo Technologies India has 2 current directors:
- Sarad Mohanan - Director
- Rajashree Udupi Bhat - Director
The latest financial statements of Hevo Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hevo Technologies India is 29AAECH2843R1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Hevo Technologies India is U72900KA2017FTC105619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hevo Technologies India was incorporated on 17 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hevo Technologies India by revenue are Gramener Technology Solutions Private Limited, Advanced Investment Mechanics India Private Limited, Nextscm Solutions Private Limited, Hoichoi Technologies Private Limited, Zoomcar India Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Rajashree Udupi Bhat ceased to be Additional Director on 30 Nov 2021. Rachit Watts ceased to be Director on 22 Sep 2021. Rajashree Udupi Bhat was appointed as Director on 22 Sep 2021. Hevo Technologies India has 4 board changes on record in total.
Yes, Hevo Technologies India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0201232).
Hevo Technologies India has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 11 overdue payments to 1 micro and small supplier. The latest return was filed on 22 Oct 2021.
Hevo Technologies India can be reached through the website hevodata.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Hevo Technologies India is at Wework Prestige Atlanta 80 Feet Main Road Koramangala 1A Block Industrial Layout, Bengaluru, Karnataka, India – 560034.