- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0151010

About Mantis Technologies Private Limited
Data last updated:
Mantis Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2007PTC050603. Its GSTIN is 24AAFCM0388M1Z7 (Gujarat). The company holds 29 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹19.5 Cr and a paid-up capital of ₹14.65 Cr. It is led by directors Aurvind Lama and Kalyan Shyam Deshpande.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.83 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹39.64 Lakh (net margin -45.1%) and EBITDA of -₹37.74 Lakh (EBITDA margin -43%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 51% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Travelyaari and Mantis Technologies. Court records list 18 cases involving the company, including 4 filed by the company and 14 filed against it; 6 cases are pending. The company has 15 deals on record (13 funding rounds, 2 secondary share transfers), with disclosed funding of ₹30.11 Cr; the latest was in February 2018.
Mantis Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0151010). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantistechnologies.com.
Company details
Recognitions & Rankings of Mantis Technologies
Contact details
Mantis Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mantistechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPrivilon – Cowork – Res202 – 07 2nd Floor, Privillion East Wing Sg Highway Vikram Nagar, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mantis Technologies Private Limited, buy the company report.
- 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
Brands
Mantis Technologies operates two associated brands: Travelyaari and Mantis Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bus tickets are booked through an app-based online platform. | travelyaari.com | |
| Intelligent transport management solutions are provided for operators and travelers. | mantistechnologies.com |
Business activity
The main business activity of Mantis Technologies is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Mantis Technologies Private Limited, buy the company report.
Financials of Mantis Technologies Private Limited
FY 2025 filings availableMantis Technologies Private Limited reported revenue of ₹87.83 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 51%. EBITDA fell 812% 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 | -₹37.74 Lakh | ||||
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| Net Profit (PAT) | -₹39.64 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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| EBITDA Margin | -43% | ||||
| Net Profit Margin | -45.1% | ||||
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To see the full financial statements and ratios of Mantis Technologies Private Limited, buy the company report.
Board of directors of Mantis Technologies Private Limited
Mantis Technologies has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aurvind Lama Also directs: Mtrealtime Traders Private Limited, Maventech Labs Private Limited, Mantis Tech Services Private Limited and 1 more | Director | 20 Apr 2007 | 19 Years 6 Months | Current |
| Kalyan Shyam Deshpande Also directs: Siraj Asset Management LLP, Super Transit Services Private Limited, Xperience India Private Limited and 1 more | Director | 04 Sep 2020 | 6 Years 2 Months | Current |
Auditor
Mantis Technologies Private Limited is audited by KUMAR & REDDY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR & REDDY | FY 2023 | 017896S |
Shareholding
The shareholding of Mantis Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mantis Technologies Private Limited, buy the company report.
Deals & funding
Mantis Technologies Private Limited has 15 deals on record (13 funding rounds, 2 secondary share transfers), with disclosed funding of ₹30.11 Cr; the latest was in February 2018.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Funding round | ₹1 Cr | Investors: SKM Mobility Services Limited Liability Partnership |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Oct 2013 | Funding round | ₹13 Cr | Investors: GVFL, BCCL |
| Feb 2011 | Funding round | ₹2 Cr | Investors: GVFL |
| Feb 2011 | Funding round | ₹1.2 Lakh | Investors: IIMA Ventures (IIMA-CIIE) |
To see the full deal history of Mantis Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mantis Technologies Private Limited has 18 court cases on record: 4 filed by Mantis Technologies, 14 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 3 |
| High courts | 8 | 7 | 3 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against Indorail Bus Travel Pvt Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by M/S. Indorailbus Travel Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Stelling Technologies Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Mantis Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mantis Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mantis Technologies Private Limited has a workforce of 55 employees on its EPFO records as of May 07, 2024, across 1 active EPFO establishment.
GST
Mantis Technologies has 29 GST registrations: 23 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM0388M1Z7 | Gujarat | Active | 01 Jul 2017 |
| 24AAFCM0388M1CI | Gujarat | Active | 21 Aug 2019 |
| 29AAFCM0388M1ZX | Karnataka | Active | 24 Jul 2017 |
| 07AAFCM0388M1Z3 | Delhi | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Mantis Technologies Private Limited, buy the company report.
Recent activity
Mantis Technologies Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Amit Kumar Singh ceased to be Additional Director on 31 Dec 2020.
1 earlier event is in the company report.
News
Frequently asked questions
Mantis Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 April 2007 (19+ years old) and is registered under CIN U72900GJ2007PTC050603.
Mantis Technologies has 2 current directors:
- Aurvind Lama - Director
- Kalyan Shyam Deshpande - Director
The latest financial statements of Mantis 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 2015 are in the company report.
The GSTIN of Mantis Technologies is 24AAFCM0388M1Z7, registered in Gujarat. The company has 29 GST registrations in all, of which 23 are active and 6 are cancelled or inactive. Other active GSTINs include 24AAFCM0388M1CI (Gujarat), 29AAFCM0388M1ZX (Karnataka), 07AAFCM0388M1Z3 (Delhi).
The CIN (Corporate Identification Number) of Mantis Technologies is U72900GJ2007PTC050603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mantis Technologies has 18 court cases on record: 4 filed by the company and 14 filed against it. 6 are pending. Most are in the district courts.
Mantis Technologies was incorporated on 20 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mantis Technologies has 15 deals on record (13 funding rounds, 2 secondary share transfers), with disclosed funding of ₹30.11 Cr; the latest was in February 2018.
Amit Kumar Singh ceased to be Additional Director on 31 Dec 2020. Kalyan Shyam Deshpande ceased to be Additional Director on 31 Dec 2020. Kalyan Shyam Deshpande was appointed as Director on 04 Sep 2020. Mantis Technologies has 10 board changes on record in total.
Yes, Mantis Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0151010).

