Mitpune Technology Business Incubator
About Mitpune Technology Business Incubator
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Mitpune Technology Business Incubator is a private not for profit company based in Pune, Maharashtra, India. It operates in the stenographic segment of the business services sector. It was incorporated on 11 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74997PN2016NPL165448. Its GSTIN is 27AAKCM4587F2Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
It is led by directors Rahul Vishwanath Karad and Prakash Bhaskar Joshi.
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 S.N. 124 Kothrud Paud Road, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.46 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Lakh (net margin 1.1%) and EBITDA of ₹14.81 Lakh (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mitpune Technology Business Incubator's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressS.N. 124 Kothrud Paud Road, Pune, Maharashtra, India – 411038
- IndustryBusiness Services, Stenographic, Office Support Services, Miscellaneous Business Activities, Other Services, Secretarial Activities
To see the full contact details of Mitpune Technology Business Incubator, 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
Business activity
The main business activity of Mitpune Technology Business Incubator is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Mitpune Technology Business Incubator, buy the company report.
Financials of Mitpune Technology Business Incubator
FY 2025 filings availableMitpune Technology Business Incubator reported revenue of ₹89.46 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 62% 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 | ₹14.81 Lakh | ||||
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| Net Profit (PAT) | ₹1.01 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 | 16.6% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Mitpune Technology Business Incubator, buy the company report.
Board of directors of Mitpune Technology Business Incubator
Mitpune Technology Business Incubator 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 |
|---|---|---|---|---|
| Prakash Bhaskar Joshi | Additional Director | 26 Apr 2019 | 7 Years 6 Months | Current |
| Rahul Vishwanath Karad Also directs: Marvel Holdings LLP, Argm Agro Food Products LLP, Aic - Mitadt Incubator Forum and 5 more | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Mitpune Technology Business Incubator is compared with the 10 companies closest to it by revenue in the same principal business activity (activities of head offices; management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heritage Hospital Management Services Private Limited | ₹90.78 Lakh (FY 2025) | 424.0% | Kolkata, West Bengal, India | |||
| Techplay Technologies Private Limited | ₹89.89 Lakh (FY 2025) | 320.0% | Bangalore, Karnataka, India | |||
| Pravaha Creations Private Limited | ₹89.85 Lakh (FY 2025) | 4926.0% | Mumbai, Maharashtra, India | |||
| Loyal Consultants Private Limited | ₹89.69 Lakh (FY 2025) | 0.0% | Nagpur, Maharashtra, India | |||
| Abhang Consultants Private Limited | ₹89.54 Lakh (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Mitpune Technology Business Incubatorthis company | ₹89.46 Lakh (FY 2025) | ₹1.01 Lakh | 1.1% | -36.0% | Pune, Maharashtra, India | |
| School of Communications and Reputation Private Limited | ₹89.44 Lakh (FY 2025) | -21.0% | Mumbai, Maharashtra, India | |||
| Veside Ship Management Private Limited | ₹89.23 Lakh (FY 2025) | 794.0% | Chennai, Tamil Nadu, India | |||
| Innolearn Solutions Private Limited | ₹89.12 Lakh (FY 2025) | 164.0% | Mumbai, Maharashtra, India | |||
| Genious Management Cosultancy and Services Private Limited | ₹89 Lakh (FY 2024) | -13.0% | Pune, Maharashtra, India | |||
| Geon Engineers Private Limited | ₹88.75 Lakh (FY 2024) | 318.0% | Delhi, India |
To see the full peer comparison of Mitpune Technology Business Incubator, buy the company report.
Legal cases
No court or tribunal cases involving Mitpune Technology Business Incubator 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 Mitpune Technology Business Incubator; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mitpune Technology Business Incubator has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM4587F2Z1 | Maharashtra | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Mitpune Technology Business Incubator, buy the company report.
Recent activity
Mitpune Technology Business Incubator has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Karad Tulashiram Mangesh ceased to be Director on 29 May 2023.
Frequently asked questions
Mitpune Technology Business Incubator is an active private not for profit company based in Pune, Maharashtra, India. The company works in stenographic, within the business services industry. It was incorporated on 11 July 2016 (10+ years old) and is registered under CIN U74997PN2016NPL165448.
Mitpune Technology Business Incubator has 2 current directors:
- Prakash Bhaskar Joshi - Additional Director
- Rahul Vishwanath Karad - Director
The latest financial statements of Mitpune Technology Business Incubator 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 2017 are in the company report.
The GSTIN of Mitpune Technology Business Incubator is 27AAKCM4587F2Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mitpune Technology Business Incubator is U74997PN2016NPL165448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitpune Technology Business Incubator was incorporated on 11 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mitpune Technology Business Incubator by revenue are Heritage Hospital Management Services Private Limited, Techplay Technologies Private Limited, Pravaha Creations Private Limited, Loyal Consultants Private Limited, Abhang Consultants Private Limited and 5 more, all in the same principal business activity (activities of head offices; management consultancy activities).
Karad Tulashiram Mangesh ceased to be Director on 29 May 2023. Prakash Bhaskar Joshi was appointed as Additional Director on 26 Apr 2019. Sunil Kashiram Karad ceased to be Director on 26 Apr 2019. Mitpune Technology Business Incubator has 4 board changes on record in total.
The registered office of Mitpune Technology Business Incubator is at S.N. 124 Kothrud Paud Road, Pune, Maharashtra, India – 411038.
Mitpune Technology Business Incubator operates in the business services industry, in the stenographic segment.
The compliance status of Mitpune Technology Business Incubator is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
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