Kennovation Software Services Private Limited

Kennovation Software Services Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300PN2007PTC169503 Incorporated 26 February 2007 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹1.32 Cr
▼ 41% YoY
Net loss · FY 2025
₹78.68 Lakh
Net margin -59.6%
EBITDA · FY 2025
-₹75.25 Lakh
EBITDA margin -57%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.8 Cr
Issued & subscribed
Open charges
₹40 Lakh
Satisfied ₹75 Lakh
Company age
19 yrs
Est. 2007
Employees · EPFO
1
Provident fund records

About Kennovation Software Services Private Limited

Data last updated:

Kennovation Software Services Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Rcom Technologies Inc.. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 February 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72300PN2007PTC169503. Its GSTIN is 27AADCK0774B1ZU (Maharashtra).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.8 Cr. It is led by directors Rajiv Gadre and Nilesh Vijay Hardikar.

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 201 – 202 2nd Floor Paarijat Building Sr. No.105/1/1 Radha Hotel Lane Baner, Pune, Maharashtra, India – 411045.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.32 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹78.68 Lakh (net margin -59.6%) and EBITDA of -₹75.25 Lakh (EBITDA margin -57%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.

The company has about 1 employee on its provident fund (EPFO) records.

The company is associated with 1 brand: Kennovation. As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹75 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kennovation-services.com.

Company details

CIN U72300PN2007PTC169503
Registration Number 169503
Incorporation Date 26 February 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Rcom Technologies Inc.
Compliance Status Active Compliant

CIN history

Kennovation Software Services has one previous CIN (Corporate Identification Number): U72300MH2007PTC168164. The current CIN is U72300PN2007PTC169503, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72300PN2007PTC169503Current
U72300MH2007PTC168164Previous

Contact details

Kennovation Software Services Private Limited's registered office is in Pune, Maharashtra. Its website is kennovation-services.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    201 – 202 2nd Floor Paarijat Building Sr. No.105/1/1 Radha Hotel Lane Baner, Pune, Maharashtra, India – 411045
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Kennovation Software Services Private Limited, buy the company report.

Comprehensive company report
Kennovation Software Services 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

Kennovation Software Services operates one associated brand: Kennovation. Each brand links to its own profile.

BrandDescriptionWebsite
Offers process automation, medical imaging, and custom mobile apps for businesses.kennovation-services.com

Business activity

The main business activity of Kennovation Software Services 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 Kennovation Software Services Private Limited, buy the company report.

Financials of Kennovation Software Services Private Limited

FY 2024 filings available

Kennovation Software Services Private Limited reported revenue of ₹1.32 Cr (down 41% YoY) for FY 2025.

Revenue · FY 2025
₹1.32 Cr ▼ 41%
Net loss · FY 2025
₹78.68 Lakh margin -59.6%
EBITDA · FY 2025
-₹75.25 Lakh margin -57%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 22%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 131%
3 years · compounded
▼ 98%
5 years · compounded
▼ 11%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 41% fall in the latest year. EBITDA fell 131% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹75.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹78.68 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-57%
Net Profit Margin-59.6%
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 Kennovation Software Services Private Limited, buy the company report.

Board of directors of Kennovation Software Services Private Limited

Kennovation Software Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv GadreDirector26 Feb 200719 Years 8 MonthsCurrent
Nilesh Vijay HardikarDirector16 Feb 201610 Years 8 MonthsCurrent

Peer comparison

Kennovation Software Services Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development, Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sysfort Systems Private Limited₹1.32 Cr (FY 2025)2.0%Pune, Maharashtra, India
Promethean Cloud Solutions Private Limited₹1.32 Cr (FY 2024)-51.0%Hyderabad, Telangana, India
Brightcode Software Services Private Limited₹1.32 Cr (FY 2025)13.0%Ranchi, Jharkhand, India
Kennovation Software Services Private Limitedthis company₹1.32 Cr (FY 2025)-₹78.68 Lakh-59.6%-41.0%1Pune, Maharashtra, India
Sentient Systems Private Limited₹1.32 Cr (FY 2024)-28.0%Mumbai, Maharashtra, India
Quanta Systems Technologies Private Limited₹1.32 Cr (FY 2018)70.0%Pune, Maharashtra, India

To see the full peer comparison of Kennovation Software Services Private Limited, buy the company report.

Auditor

Kennovation Software Services Private Limited is audited by Kirtane & Pandit LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Kirtane & Pandit LLPFY 2024105215W/W100057

Shareholding

The shareholding of Kennovation Software Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Kennovation Software Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹40 Lakh
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Sep 201510598423Hdfc Bank Limited₹40 LakhOpen
12 Apr 201010222085Canara Bank₹75 LakhSatisfied

To see the full charge records of Kennovation Software Services Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Kennovation Software Services Private Limited has 3 MSME Form 1 returns on record between 2018 and 2024, listing 12 overdue payments to 5 micro and small suppliers. 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 (5 of 5)

SupplierAmount dueDue sinceReported on
Kirtane & Pandit LLP
Kanj & Co LLP
Rac IT Solutions Private Limited
an individual supplier
Kanj & Associates

To see the full MSME payment records of Kennovation Software Services Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Kennovation Software Services Private Limited has a workforce of 1 employees on its EPFO records as of Jan 2025, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-96.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-251
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Kennovation Software Services Private Limited, buy the company report.

GST

Kennovation Software Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCK0774B1ZUMaharashtraActive01 Jul 2017

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

Recent activity

Kennovation Software Services Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Nilesh Vijay Hardikar ceased to be Additional Director on 30 Sep 2016.

AGM
Kennovation Software Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Kennovation Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Nilesh Vijay Hardikar ceased to be Additional Director.
Appointed
Nilesh Vijay Hardikar was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 10598423 was registered on 24 Sep 2015.
Charges
A charge registered on 12 Apr 2010 via Charge ID 10222085 with Canara Bank was fully satisfied on 30 Mar 2015.
Charges
A charge with Canara Bank of Rs. 0.75 Cr registered on 12 Apr 2010 with Charge ID 10222085 was modified on 26 Mar 2012.
Ceased
Manisha Vijay Joshi ceased to be Director.
Ceased
Seema Mitish Chitnavis ceased to be Additional Director.
Ceased
Vijay Suresh Joshi ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.75 Cr with Charge ID 10222085 was registered on 12 Apr 2010.
Appointed
Rajiv Gadre was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Kennovation Software Services is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 26 February 2007 (19+ years old) and is registered under CIN U72300PN2007PTC169503.

Kennovation Software Services has 2 current directors:

The latest financial statements of Kennovation Software Services 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 2015 are in the company report.

The GSTIN of Kennovation Software Services is 27AADCK0774B1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Kennovation Software Services is U72300PN2007PTC169503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kennovation Software Services has 1 court case on record: 1 filed against it. 1 is pending.

Kennovation Software Services was incorporated on 26 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Kennovation Software Services by revenue are Sysfort Systems Private Limited, Promethean Cloud Solutions Private Limited, Brightcode Software Services Private Limited, Sentient Systems Private Limited, Quanta Systems Technologies Private Limited, all in the Information Technology industry (Application Development, Software Services), with the same principal business activity (computer programming, consultancy and related activities).

Nilesh Vijay Hardikar ceased to be Additional Director on 30 Sep 2016. Nilesh Vijay Hardikar was appointed as Director on 16 Feb 2016. Manisha Vijay Joshi ceased to be Director on 01 Apr 2011. Kennovation Software Services has 6 board changes on record in total.

Kennovation Software Services has 3 MSME Form 1 returns on record between 2018 and 2024, listing 12 overdue payments to 5 micro and small suppliers. The latest return was filed on 20 Apr 2024.

Kennovation Software Services can be reached through the website kennovation-services.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Kennovation Software Services is at 201 – 202 2nd Floor Paarijat Building Sr. No.10511 Radha Hotel Lane Baner, Pune, Maharashtra, India – 411045.