Hivvot Technologies Private Limited
About Hivvot Technologies Private Limited
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Hivvot Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC122749. Its GSTIN is 29AAECH8576P1ZJ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Radha Sambangi and Kandula Manasa.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Goodworks Coworks 3rd Floor Akshay Tech Park Plot No. 72 & 73 Epip Zone Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.82 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹58,013 (net margin 2.3%) and EBITDA of ₹2.52 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
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- Registered AddressGoodworks Coworks 3rd Floor Akshay Tech Park Plot No. 72 & 73 Epip Zone Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Other Computer Related Activities
- 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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Business Activity of Hivvot Technologies Private Limited
The main business activity of Hivvot Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hivvot Technologies Private Limited FY 2023 filings available
Hivvot Technologies Private Limited reported revenue of ₹24.82 Lakh (up 1602% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Hivvot Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 67% over three years. EBITDA rose 230% 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 of Hivvot Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹58,013 | •••• | •••• | •••• | •••• |
| 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 of Hivvot Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hivvot Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hivvot Technologies Private Limited
Hivvot Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dosoft Systems (OPC) Private Limited | ₹25 Lakh (FY 2023) | •••• | •••• | •••• | Rudravaram, Andhra Pradesh, India | |
| Dongre Technoquip Private Limited | ₹25 Lakh (FY 2023) | •••• | •••• | -46.0% | •••• | Palghar, Maharashtra, India |
| Itech Smart Solutions India Private Limited | ₹24.9 Lakh (FY 2025) | •••• | •••• | 234.0% | •••• | Chennai, Tamil Nadu, India |
| X-Tentioncrew Technologies Private Limited | ₹24.87 Lakh (FY 2024) | •••• | •••• | 107.0% | •••• | Raipur, Chhattisgarh, India |
| Vinutnaa IT Services India Private Limited | ₹24.85 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Kakinada, Andhra Pradesh, India |
| Hivvot Technologies Private Limited this company | ₹24.82 Lakh (FY 2023) | •••• | •••• | 1602.0% | •••• | Bangalore, Karnataka, India |
| Businessnow Private Limited | ₹24.8 Lakh (FY 2024) | •••• | •••• | 58.0% | •••• | Jaipur, Rajasthan, India |
| PHP Expert Technologies Private Limited | ₹24.79 Lakh (FY 2021) | •••• | •••• | 58.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Prontus Technologies Private Limited | ₹24.76 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Bhubaneswar, Odisha, India |
| DCPL Technology Private Limited | ₹24.74 Lakh (FY 2025) | •••• | •••• | 260.0% | •••• | Palsana, Gujarat, India |
| Trazoo Private Limited | ₹24.71 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Hivvot Technologies by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Hivvot Technologies Private Limited
Hivvot Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Sambangi | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
| Kandula Manasa Also directs: Haxle Consultancy and Services Private Limited | Director | 22 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Hivvot Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hivvot Technologies Private Limited
Hivvot Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hivvot Technologies Private Limited
Employment history and EPFO contributions of people linked to Hivvot Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hivvot Technologies Private Limited
Hivvot Technologies Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Kandula Manasa ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Hivvot Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hivvot Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hivvot Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hivvot Technologies Private Limited
Hivvot Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH8576P1ZJ | Karnataka | Active | 20 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hivvot Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hivvot Technologies Private Limited
Hivvot Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U72900KA2019PTC122749.
Hivvot Technologies reported revenue of ₹24.82 Lakh for FY 2023 (up 1602% YoY).
Hivvot Technologies has 2 current directors:
- Radha Sambangi - Director
- Kandula Manasa - Director
Hivvot Technologies reported a net profit of ₹58,013 (net margin 2.3%) and EBITDA of ₹2.52 Lakh (EBITDA margin 10.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hivvot Technologies is 67% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hivvot Technologies is 29AAECH8576P1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Hivvot Technologies is U72900KA2019PTC122749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hivvot Technologies was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hivvot Technologies by revenue are Dosoft Systems (OPC) Private Limited, Dongre Technoquip Private Limited, Itech Smart Solutions India Private Limited, X-Tentioncrew Technologies Private Limited, Vinutnaa IT Services India Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Kandula Manasa ceased to be Additional Director on 29 Sep 2023. Hemanthkumar Kandula ceased to be Director on 22 May 2023. Kandula Manasa was appointed as Director on 22 May 2023. Hivvot Technologies has 4 board changes on record in total.
The registered office of Hivvot Technologies is at Goodworks Coworks 3rd Floor Akshay Tech Park Plot No. 72 & 73 Epip Zone Whitefield, Bangalore, Karnataka, India – 560066.