Movate Technologies Private Limited - Company Profile

It is a information technology private limited company based in Chennai, Tamil Nadu, India, established in 2000.
2000 Chennai, Tamil Nadu, India Active
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About Movate Technologies Private Limited

Movate Technologies Private Limited, a active private limited company, was established on 25 July 2000 in Chennai, Tamil Nadu, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72900TN2000PTC115034. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹41.00 Cr and a paid-up capital of ₹23.86 Cr.

Formerly known as Glow Networks Private Limited. It upholds a compliant status. Employing 5,798 professional, Its leadership includes Jay Prakash Sahal (Director), Anish Philip (Director), Rajkumar Manee (Director). Past directors included Sundararajan Sampath, Jayaraman Ananthapadmanabhan, Ganesh Murthy. It holds ₹52.00 Cr open charges and ₹2.50 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 6Th Floor, Ambit It Park, No. 32A & B, Ambit Road, Ambattur Industrial Estate,, Chennai, Tamil Nadu, 600058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72900TN2000PTC115034

  • Registration Number

    115034

  • Incorporation Date

    25 July 2000

  • Authorized Capital

    ₹41.00 Cr

  • Paid-Up Capital

    ₹23.86 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 41.00 Cr
  • Paid Up Capital ₹ 23.86 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 52.00 Cr
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth **** -0.08%
  • Profit Growth **** 81.66%
  • Ebitda **** 64.83%
  • Net Worth 2143.00%
  • Total Assets **** 5.53%
Company report

Movate Technologies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Movate Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Movate Technologies Private Limited?
Current Directors
Name Designation Appointment Date Status
Jay Prakash Sahal Director 13 May 2025 Current
Anish Philip Director 10 May 2022 Current
Rajkumar Manee Director 17 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 09 May 2022 Past
Pramod Abcsdd Additional Director 28 Sep 2023 Past
Pramod Abcsdd Additional Director 30 Nov 2017 Past
Pramod Abcsdd Director 13 May 2022 Past
Pramod Abcsdd Additional Director 28 Sep 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2025 Past

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Financial Performance of Movate Technologies.

Movate Technologies Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 0.08% decrease. The company also saw a substantial improvement in profitability, with a 81.66% increase in profit. The company's net worth Soared by an impressive increase of 2143%.

Movate Technologies revenue growth over time
Movate Technologies profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -0.08%
*******
*******
*******
*******
Revenue from Operations
*******
 1.96%
*******
*******
*******
*******
Total Assets
*******
 5.53%
*******
*******
*******
*******
Profit or Loss
*******
 81.66%
*******
*******
*******
*******
Net Worth
*******
 2143.00%
*******
*******
*******
*******
EBITDA
*******
 64.83%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Movate Technologies?

In 2024, Movate Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹520,000,000.00

Satisfied Charges

₹2,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 52.00 Cr
Latest Charge Details
Date Lender Amount Status
14 Jun 2023 Others ₹20.00 Cr Open
12 Jun 2023 Others ₹1.00 Cr Open
14 Dec 2009 Others ₹31.00 Cr Open
29 Nov 2007 Union Bank Of India ₹2.50 M Satisfied

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How Many Employees Work at Movate Technologies?

Movate Technologies has a workforce of 5798 employees as of May 20, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Movate Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Movate Technologies's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Movate Technologies
Recent Activity within the Organization
  • Director Appointment

    Jay Prakash Sahal was appointed as a Director was appointed as a Director on 13 May 2025 & has been associated with this company since 8 months 29 days . was recorded as a recent event.

  • Director Appointment

    Progress on Rajkumar Manee was appointed as a Director was appointed as a Director on 17 Oct 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Annual General Meeting

    Movate Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 31.00 Cr registered on 14 Dec 2009 with Charge ID 10198568 was modified on 20 Aug 2024. was documented.

  • Balance Sheet

    The activity Movate Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100739314 was registered on 14 Jun 2023. was documented.

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Frequently Asked Questions
What is the CIN of Movate Technologies Private Limited?

The CIN of Movate Technologies Private Limited is U72900TN2000PTC115034.

Where is Movate Technologies Private Limited headquartered?

Movate Technologies Private Limited is headquartered at 6Th Floor, Ambit It Park, No. 32A & B, Ambit Road, Ambattur Industrial Estate,, Chennai, Tamil Nadu, 600058.

When was Movate Technologies Private Limited incorporated?

Movate Technologies Private Limited was incorporated on 25 July 2000.

Who are the current directors of Movate Technologies Private Limited?

The current directors of Movate Technologies Private Limited are

What is the primary industry of Movate Technologies Private Limited?

The primary industry of Movate Technologies Private Limited is Information And Communication.

Is Movate Technologies Private Limited a listed company?

Movate Technologies Private Limited is unlisted.

What is the capital structure of Movate Technologies Private Limited?

The authorized capital of Movate Technologies Private Limited is ₹41.00 Cr, and the paid-up capital is ₹23.86 Cr.

What is the compliance status of Movate Technologies Private Limited?

The compliance status of Movate Technologies Private Limited is Compliant.

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