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Hvar Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18 Lakh
▲ 47% YoY
Net profit · FY 2025
₹3.66 Lakh
Net margin 20.3%
EBITDA · FY 2025
₹5.58 Lakh
EBITDA margin 31%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Hvar Technologies Private Limited
Data last updated:
Hvar Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 24 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC129012. Its GSTIN is 29AAFCH0830F1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajyam Srivani and Pavani Rajyam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #4F Rich Homes Richmond Road Ashok Nagara, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹18 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹3.66 Lakh (net margin 20.3%) and EBITDA of ₹5.58 Lakh (EBITDA margin 31%).
The company is associated with 1 brand: Spegz.
Hvar Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0196929). For more details, the company can be reached via its website spegz.com.
Company details
CIN U72900KA2019PTC129012
Registration Number 129012
Incorporation Date 24 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0196929
Key People
Rajyam Srivani Director Pavani Rajyam Director Recognitions & Rankings of Hvar Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0196929
Contact details
Hvar Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is spegz.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered Address#4F Rich Homes Richmond Road Ashok Nagara, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Hvar Technologies Private Limited, buy the company report.
Comprehensive company report
Hvar Technologies 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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Business activity
The main business activity of Hvar Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Hvar Technologies Private Limited, buy the company report.
Financials of Hvar Technologies Private Limited
FY 2025 filings availableHvar Technologies Private Limited reported revenue of ₹18 Lakh (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹18 Lakh ▲ 47%
Net profit · FY 2025
₹3.66 Lakh margin 20.3%
EBITDA · FY 2025
₹5.58 Lakh margin 31%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
EBITDA CAGR growth
1 year
▲ 230%
3 years · compounded
▲ 57%
5 years · compounded
▲ 97%
Revenue rose 47% in the latest year. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.58 Lakh | ||||
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| Net Profit (PAT) | ₹3.66 Lakh | ||||
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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 | 31% | ||||
| Net Profit Margin | 20.3% | ||||
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To see the full financial statements and ratios of Hvar Technologies Private Limited, buy the company report.
Board of directors of Hvar Technologies Private Limited
Hvar Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajyam Srivani Also directs: Havey Software Solutions LLP | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Pavani Rajyam Also directs: Renus Hospitality LLP, Chill Cup Ventures LLP | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Hvar Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quick Algoplus Private Limited | ₹18 Lakh (FY 2025) | 58.0% | Indore, Madhya Pradesh, India | |||
| Hvar Technologies Private Limitedthis company | ₹18 Lakh (FY 2025) | ₹3.66 Lakh | 20.3% | 47.0% | Bangalore, Karnataka, India | |
| Webricks Innovations Private Limited | ₹18 Lakh (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Starwill Tech Innovations Private Limited | ₹18 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Ann Infotech Private Limited | ₹18 Lakh (FY 2025) | Noida, Uttar Pradesh, India | ||||
| Avocet Technologies Private Limited | ₹18 Lakh (FY 2016) | Mangalore, Karnataka, India | ||||
| Goyo Technologies Private Limited | ₹18 Lakh (FY 2020) | 116.0% | Ahmedabad, Gujarat, India | |||
| Highrich Smartech Private Limited | ₹17.99 Lakh (FY 2023) | Thrissur, Kerala, India | ||||
| Work Benches Technologies Private Limited | ₹17.99 Lakh (FY 2024) | -58.0% | Bengaluru, Karnataka, India | |||
| Mmrscubes Solutions Private Limited | ₹17.99 Lakh (FY 2025) | -86.0% | Bhopal, Madhya Pradesh, India | |||
| Wetala Technologies Private Limited | ₹17.99 Lakh (FY 2022) | Jaipur, Rajasthan, India |
To see the full peer comparison of Hvar Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hvar Technologies 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 Hvar Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hvar Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH0830F1ZU | Karnataka | Active | 13 May 2022 |
To see the full GST registrations and return filing status of Hvar Technologies Private Limited, buy the company report.
Recent activity
Hvar Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Pavani Rajyam was appointed as Director on 24 Oct 2019.
AGM
Hvar Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hvar Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Pavani Rajyam was appointed as Director.
Appointed
Rajyam Srivani was appointed as Director.
Incorporation
24 Oct 2019
Hvar Technologies Private Limited was registered on 24 Oct 2019 with Roc Bangalore & aged 7 years 2 days as per MCA records.
Frequently asked questions
Hvar 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 24 October 2019 (7+ years old) and is registered under CIN U72900KA2019PTC129012.
Hvar Technologies has 2 current directors:
- Rajyam Srivani - Director
- Pavani Rajyam - Director
The latest financial statements of Hvar Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Hvar Technologies is 29AAFCH0830F1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Hvar Technologies is U72900KA2019PTC129012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hvar Technologies was incorporated on 24 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hvar Technologies by revenue are Quick Algoplus Private Limited, Webricks Innovations Private Limited, Starwill Tech Innovations Private Limited, Ann Infotech Private Limited, Avocet Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Pavani Rajyam was appointed as Director on 24 Oct 2019. Rajyam Srivani was appointed as Director on 24 Oct 2019.
Yes, Hvar Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Hvar Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0196929).
Hvar Technologies can be reached through the website spegz.com. Its registered office is in Bangalore, Karnataka, India.