Passinova Technologies Private Limited
About Passinova Technologies Private Limited
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Passinova Technologies Private Limited is a private limited company based in New, Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2012PTC242599.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harsha Saluja and Sorabh Saluja.
Its last annual general meeting (AGM) was held on 09 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rz – 706 C/2 Street No. 17 Sadh Nagar Palam Colony, New, Delhi, India – 110045.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.66 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹20,216 (net margin 2.3%) and EBITDA of ₹20,589 (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years and 31% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressRz – 706 C/2 Street No. 17 Sadh Nagar Palam Colony, New, Delhi, India – 110045
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Passinova Technologies Private Limited
The main business activity of Passinova Technologies 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 Passinova Technologies Private Limited FY 2025 filings available
Passinova Technologies Private Limited reported revenue of ₹8.66 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Passinova Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 10% growth in the latest year. EBITDA rose 254% 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 of Passinova Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20,589 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20,216 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Passinova Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Passinova Technologies are in the company report.
Financial statements from 2015
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 Passinova Technologies Private Limited
Passinova Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techmanta Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Authbridge Infoquest Services Private Limited | •••• | •••• | •••• | •••• | 64 | Gurgaon, Haryana, India |
| Enrespo Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Dayal Softwares Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Kashyak Technology Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Passinova Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Stantive Soft Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Tpconnects Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Valluvally, Kerala, India |
| Mamre Technologies Private Limited | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Imobdev Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Srivisifai Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Passinova Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Passinova Technologies Private Limited
Passinova Technologies Private Limited is audited by K R A & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K R A & 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 Passinova Technologies Private Limited
Passinova Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sorabh Saluja Also directs: Neuronic Technologies Private Limited | Additional Director | 05 Sep 2018 | 8 Years 1 Months | Current |
| Harsha Saluja | Director | 21 Sep 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Passinova Technologies 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 Passinova Technologies Private Limited
Passinova Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Passinova Technologies Private Limited
Employment history and EPFO contributions of people linked to Passinova Technologies.
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 Passinova Technologies Private Limited
Passinova Technologies Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Jitender ceased to be Director on 21 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Passinova Technologies 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 Passinova Technologies 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 Passinova Technologies 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 Passinova Technologies Private Limited
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 Passinova Technologies 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 Passinova Technologies Private Limited
Passinova Technologies is an active private limited company based in New, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 September 2012 (14+ years old) and is registered under CIN U72900DL2012PTC242599.
Passinova Technologies reported revenue of ₹8.66 Lakh for FY 2025 (up 10% YoY).
Passinova Technologies has 2 current directors:
- Sorabh Saluja - Additional Director
- Harsha Saluja - Director
Passinova Technologies reported a net profit of ₹20,216 (net margin 2.3%) and EBITDA of ₹20,589 (EBITDA margin 2.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Passinova Technologies is 188% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Passinova Technologies is U72900DL2012PTC242599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passinova Technologies was incorporated on 21 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Passinova Technologies by revenue are Techmanta Private Limited, Authbridge Infoquest Services Private Limited, Enrespo Technologies Private Limited, Dayal Softwares Private Limited, Kashyak Technology Solutions Private Limited and 5 more, all in the Information Technology industry (Application Development).
Jitender ceased to be Director on 21 Jun 2019. Sorabh Saluja was appointed as Additional Director on 05 Sep 2018. Harsha Saluja was appointed as Director on 21 Sep 2012.
The registered office of Passinova Technologies is at Rz – 706 C2 Street No. 17 Sadh Nagar Palam Colony, New, Delhi, India – 110045.
Passinova Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.