- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-20-0029894

About Montalvo Technologies Private Limited
Data last updated:
Montalvo Technologies Private Limited is a private limited company based in Jubileehills, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC116547. Its GSTIN is 36AAYCS5169H1ZJ (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Sapshore Software Solutions Private Limited. It is led by directors including Himam Basha Shaik (Managing Director) and Sudhakar Reddy Kanchi.
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 Plot No.1130/A Second Floor Jubilee Town 36 Road No.36, Jubileehills, Telangana, India – 500033.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.83 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹24.94 Lakh (net margin -365%) and EBITDA of -₹24.87 Lakh (EBITDA margin -364.1%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 24% over five years.
The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in March 2019.
Montalvo Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0029894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website montalvotech.com.
Company details
Recognitions & Rankings of Montalvo Technologies
Contact details
Montalvo Technologies Private Limited's registered office is in Jubileehills, Telangana. Its website is montalvotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.1130/A Second Floor Jubilee Town 36 Road No.36, Jubileehills, Telangana, India – 500033
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Montalvo 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
Business activity
The main business activity of Montalvo 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 Montalvo Technologies Private Limited, buy the company report.
Financials of Montalvo Technologies Private Limited
FY 2024 filings availableMontalvo Technologies Private Limited reported revenue of ₹6.83 Lakh (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years. EBITDA fell 110% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹24.87 Lakh | ||||
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| Net Profit (PAT) | -₹24.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -364.1% | ||||
| Net Profit Margin | -365% | ||||
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To see the full financial statements and ratios of Montalvo Technologies Private Limited, buy the company report.
Board of directors of Montalvo Technologies Private Limited
Montalvo Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Reddy Kanchi | Director | 03 Oct 2018 | 8 Years 0 Months | Current |
| Himam Basha Shaik Also directs: Slickbot Technologies Private Limited | Managing Director | 17 Apr 2017 | 9 Years 6 Months | Current |
| Rajiya Begum Shaik | Director | 17 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Montalvo Technologies Private Limited is audited by D A Y & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A Y & ASSOCIATES | FY 2021 | 011455S |
Shareholding
The shareholding of Montalvo Technologies Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Montalvo Technologies Private Limited, buy the company report.
Deals & funding
Montalvo Technologies Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2019 | Funding round | ₹99 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Montalvo 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 Montalvo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Montalvo Technologies Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Montalvo Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAYCS5169H1ZJ | Telangana | Active | 19 Jan 2018 |
To see the full GST registrations and return filing status of Montalvo Technologies Private Limited, buy the company report.
Recent activity
Montalvo Technologies Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Sudhakar Reddy Kanchi ceased to be Additional Director on 30 Oct 2019.
Frequently asked questions
Montalvo Technologies is an active private limited company based in Jubileehills, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 April 2017 (9+ years old) and is registered under CIN U72900TG2017PTC116547.
Montalvo Technologies has 3 current directors:
- Himam Basha Shaik - Managing Director
- Sudhakar Reddy Kanchi - Director
- Rajiya Begum Shaik - Director
The latest financial statements of Montalvo Technologies 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 FY 2018 are in the company report.
The GSTIN of Montalvo Technologies is 36AAYCS5169H1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Montalvo Technologies is U72900TG2017PTC116547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Montalvo Technologies was incorporated on 17 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Montalvo Technologies has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in March 2019.
Sudhakar Reddy Kanchi ceased to be Additional Director on 30 Oct 2019. Pratap Kumar Papineni ceased to be Director on 03 Oct 2018. Sudhakar Reddy Kanchi was appointed as Director on 03 Oct 2018. Montalvo Technologies has 5 board changes on record in total.
Yes, Montalvo Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0029894).
Montalvo Technologies can be reached through the website montalvotech.com. Its registered office is in Jubileehills, Telangana, India.