Nuvate Technology Private Limited
About Nuvate Technology Private Limited
Data last updated:
Nuvate Technology 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 24 March 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2022PTC130366. Its GSTIN is 24AAICN1449F1ZM (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shaan Saminbhai Shah and Karan Bhagyeshbhai Patel.
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 ₹16.01 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹10.33 Lakh (net margin -64.6%) and EBITDA of -₹9.69 Lakh (EBITDA margin -60.6%).
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- Registered AddressB – 901 Empire Business Hub Opp. Shakti Farm Science City Road Sol, A, Ahmedabad, Gujarat, India – 380060
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Nuvate Technology Private Limited
The main business activity of Nuvate Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nuvate Technology Private Limited FY 2025 filings available
Nuvate Technology Private Limited reported revenue of ₹16.01 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nuvate Technology Private Limited
Revenue rose 5% in the latest year. EBITDA fell 190% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Nuvate Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.69 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.33 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Nuvate Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -60.6% | •••• | •••• | •••• |
| Net Profit Margin | -64.6% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nuvate Technology are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nuvate Technology Private Limited
Nuvate Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viasys Digital Networks Private Limited | ₹16.16 Lakh (FY 2017) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Etrue Web Solutions Private Limited | ₹16.14 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Myinstapass Business Solutions Private Limited | ₹16.11 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Microquery Software Services Private Limited | ₹16.09 Lakh (FY 2022) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Logic Life IT Services Private Limited | ₹16.05 Lakh (FY 2025) | •••• | •••• | 289.0% | •••• | Bapatla, Andhra Pradesh, India |
| Nuvate Technology Private Limited this company | ₹16.01 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Rockk House of Experts (OPC) Private Limited | ₹16 Lakh (FY 2024) | •••• | •••• | 971.0% | •••• | Chennai, Tamil Nadu, India |
| Spryntz Software Services Private Limited | ₹16 Lakh (FY 2025) | •••• | •••• | 125.0% | •••• | Bangalore, Karnataka, India |
| Creszen Private Limited | ₹15.96 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Jaipur, Rajasthan, India |
| Futurecae Technologies Private Limited | ₹15.95 Lakh (FY 2025) | •••• | •••• | 52.0% | •••• | Chennai, Tamil Nadu, India |
| Daub Technovision Private Limited | ₹15.94 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Nuvate Technology by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nuvate Technology Private Limited
Nuvate Technology Private Limited is audited by Dhirajlal Shah & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dhirajlal Shah & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nuvate Technology Private Limited
Nuvate Technology has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaan Saminbhai Shah Also directs: Nuvate IT Solutions LLP, Since99 Apparel Private Limited | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Karan Bhagyeshbhai Patel Also directs: Nuvate IT Solutions LLP, Nostress Education Private Limited | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Sachin Pankajbhai Shah Also directs: Avadat Clothing LLP, Nuvate IT Solutions LLP, Avadat Ventures Private Limited and 5 more | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Nuvate Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nuvate Technology Private Limited
Nuvate Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nuvate Technology Private Limited
Nuvate Technology Private Limited has a workforce of 0 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nuvate Technology Private Limited
Nuvate Technology Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Karan Bhagyeshbhai Patel was appointed as Director on 24 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Nuvate Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nuvate Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nuvate Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nuvate Technology Private Limited
Nuvate Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICN1449F1ZM | Gujarat | Active | 07 Jan 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nuvate Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nuvate Technology Private Limited
Nuvate Technology 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 24 March 2022 (4+ years old) and is registered under CIN U72200GJ2022PTC130366.
Nuvate Technology reported revenue of ₹16.01 Lakh for FY 2025 (up 5% YoY).
Nuvate Technology has 3 current directors:
- Shaan Saminbhai Shah - Director
- Karan Bhagyeshbhai Patel - Director
- Sachin Pankajbhai Shah - Director
Nuvate Technology reported a net loss of ₹10.33 Lakh (net margin -64.6%) and EBITDA of -₹9.69 Lakh (EBITDA margin -60.6%) for FY 2025, as per its filed financial statements.
The GSTIN of Nuvate Technology is 24AAICN1449F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Nuvate Technology is U72200GJ2022PTC130366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nuvate Technology was incorporated on 24 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nuvate Technology by revenue are Viasys Digital Networks Private Limited, Etrue Web Solutions Private Limited, Myinstapass Business Solutions Private Limited, Microquery Software Services Private Limited, Logic Life IT Services Private Limited and 5 more, all in the Information Technology industry (Software Services).
Karan Bhagyeshbhai Patel was appointed as Director on 24 Mar 2022. Sachin Pankajbhai Shah was appointed as Director on 24 Mar 2022. Shaan Saminbhai Shah was appointed as Director on 24 Mar 2022.
The registered office of Nuvate Technology is at B – 901 Empire Business Hub Opp. Shakti Farm Science City Road Sol, A, Ahmedabad, Gujarat, India – 380060.
Nuvate Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.