MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0031629
Tacit Technovative Private Limited
Tacit Technovative Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.26 Cr
▲ 35% YoY
Net loss · FY 2025
₹15.28 Lakh
Net margin -6.8%
EBITDA · FY 2025
-₹11.32 Lakh
EBITDA margin -5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Secured borrowings
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings
About Tacit Technovative Private Limited
Data last updated:
Tacit Technovative Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 October 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27109KA1989PTC010414. Its GSTIN is 29AAACT8209K1ZZ (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Kote Balakrishna Rao and Srinivasa Nayari.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.26 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹15.28 Lakh (net margin -6.8%) and EBITDA of -₹11.32 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
Tacit Technovative Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0031629). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27109KA1989PTC010414
Registration Number 010414
Incorporation Date 03 October 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0031629
Recognitions & Rankings of Tacit Technovative
Contact details
Tacit Technovative Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFactory No 42 Kea Layout Behind Maruthi Industrial Town Peenya II Stage Thigalara Palya Mai, N Road, Bangalore, Karnataka, India – 560058
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Tacit Technovative Private Limited, buy the company report.
Comprehensive company report
Tacit Technovative 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
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Business activity
The main business activity of Tacit Technovative is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Tacit Technovative Private Limited, buy the company report.
Financials of Tacit Technovative Private Limited
FY 2025 filings availableTacit Technovative Private Limited reported revenue of ₹2.26 Cr (up 35% YoY) for FY 2025.
Revenue · FY 2025
₹2.26 Cr ▲ 35%
Net loss · FY 2025
₹15.28 Lakh margin -6.8%
EBITDA · FY 2025
-₹11.32 Lakh margin -5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 17%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 577%
3 years · compounded
▼ 77%
5 years · compounded
▼ 28%
Revenue rose 35% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 577% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | ||||
| Net Profit Margin | -6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Tacit Technovative Private Limited, buy the company report.
Board of directors of Tacit Technovative Private Limited
Tacit Technovative has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kote Balakrishna Rao | Director | 03 Oct 1989 | 37 Years 1 Months | Current |
| Srinivasa Nayari | Director | 03 Oct 1989 | 37 Years 1 Months | Current |
Auditor
Tacit Technovative Private Limited is audited by BALAKRISHNA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAKRISHNA & CO | FY 2019 | 004835S |
Shareholding
The shareholding of Tacit Technovative Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tacit Technovative Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2014 | 10491046 | The Bharat Co-Operative Bank (Mumbai) Limited. | ₹20 Lakh | Open |
To see the full charge records of Tacit Technovative Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Tacit Technovative Private Limited has 3 court cases on record: 1 filed by Tacit Technovative, 2 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by M/S Hytech Machine Tool and Automation India Pvt Ltd | Disposed |
| High Court of Karnataka | Arbitration matter | Filed against the company by M/S. Hytech Machine Tool and Automation India (Pvt) Ltd., | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.EX.) | Filed by the company against Hytech Machine Tool and Automation Pvt Ltd | Pending |
To see the full case history of Tacit Technovative 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 Tacit Technovative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tacit Technovative has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT8209K1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tacit Technovative Private Limited, buy the company report.
Recent activity
Tacit Technovative Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Kote Balakrishna Rao was appointed as Director on 03 Oct 1989.
AGM
Tacit Technovative Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Tacit Technovative Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with The Bharat Co-Operative Bank (Mumbai) Limited. of Rs. 20.00 Lakh registered on 15 Apr 2014 with Charge ID 10491046 was modified on 20 Aug 2015.
Charges
A charge with The Bharat Co-Operative Bank (Mumbai) Limited. amounted to Rs. 20.00 Lakh with Charge ID 10491046 was registered on 15 Apr 2014.
Appointed
Kote Balakrishna Rao was appointed as Director.
Appointed
Srinivasa Nayari was appointed as Director.
Incorporation
03 Oct 1989
Tacit Technovative Private Limited was registered on 03 Oct 1989 with Roc Bangalore & aged 37 years 1 month as per MCA records.
Frequently asked questions
Tacit Technovative is an active private limited company based in Bangalore, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 October 1989 (37+ years old) and is registered under CIN U27109KA1989PTC010414.
Tacit Technovative has 2 current directors:
- Kote Balakrishna Rao - Director
- Srinivasa Nayari - Director
The latest financial statements of Tacit Technovative on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tacit Technovative is 29AAACT8209K1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Tacit Technovative is U27109KA1989PTC010414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tacit Technovative has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Tacit Technovative was incorporated on 03 October 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Kote Balakrishna Rao was appointed as Director on 03 Oct 1989. Srinivasa Nayari was appointed as Director on 03 Oct 1989.
Yes, Tacit Technovative is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0031629).
The registered office of Tacit Technovative is at Factory No 42 Kea Layout Behind Maruthi Industrial Town Peenya II Stage Thigalara Palya Mai, N Road, Bangalore, Karnataka, India – 560058.
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