About Provenance Technologies Private Limited
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Provenance Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72300GJ2015PTC083916. Its GSTIN is 24AAICP2143A1Z1 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Tanvir Chintan Shah and Mahir Chintan Shah.
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 2024, the company reported a revenue of ₹12.5 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹4.51 Lakh (net margin -36.1%) and EBITDA of -₹4 Lakh (EBITDA margin -32%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 25% over five years.
The company is associated with 1 brand: TestCraft.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website testcraft.co.in.
- EmailLocked
- TelephoneLocked
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- Registered AddressMadhavi Ashvmegh Bunglow Opp. Jay Shefali Nr Shivranjani Soc Amba, Wadi, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Software Development & 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 Provenance Technologies Private Limited
The main business activity of Provenance 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 | J6 | 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 Provenance Technologies Private Limited FY 2025 filings available
Provenance Technologies Private Limited reported revenue of ₹12.5 Lakh (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Provenance Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 34% fall in the latest year. EBITDA rose 58% 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 Provenance Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.51 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 Provenance Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -36.1% | •••• | •••• | •••• | •••• |
| 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 Provenance Technologies are in the company report.
Financial statements from FY 2016
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 Provenance Technologies Private Limited
Provenance Technologies 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 |
|---|---|---|---|---|---|---|
| Precode Technology Solutions Private Limited | ₹12.6 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Techtigon Software Services Private Limited | ₹12.6 Lakh (FY 2020) | •••• | •••• | •••• | Jamia Nagar Okhla, Delhi, India | |
| Bangalore Software Services Private Limited | ₹12.58 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Bangalore, Karnataka, India |
| Bluetick Technologies Private Limited | ₹12.56 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Vayu Sena Vatika, Haryana, India |
| Provenance Technologies Private Limited this company | ₹12.5 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Ahmedabad, Gujarat, India |
| Seven Energies Limited | ₹12.5 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Hyderabad, Telangana, India |
| Diligence Technology Services Private Limited | ₹12.5 Lakh (FY 2025) | •••• | •••• | 137.0% | •••• | Delhi, India |
| Next Door Digital Private Limited | ₹12.46 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Digiultrabooks Private Limited | ₹12.43 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Arnetta Technologies India Private Limited | ₹12.38 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Dreameazy Digital (OPC) Private Limited | ₹12.38 Lakh (FY 2025) | •••• | •••• | 1066.0% | •••• | Varanasi, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Provenance Technologies 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 Provenance Technologies Private Limited
Provenance Technologies Private Limited is audited by Trushit Chokshi & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Trushit Chokshi & Associates | 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 Provenance Technologies Private Limited
Provenance Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanvir Chintan Shah | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
| Mahir Chintan Shah Also directs: Clarion Fintech Private Limited, Clarion Insurance Broking Services Private Limited, Testcraft Edutech Private Limited and 1 more | Director | 04 Dec 2015 | 10 Years 10 Months | Current |
| Chintan Suketu Shah | Director | 22 Jul 2015 | 11 Years 2 Months | Current |
| Swati Chintan Shah Also directs: Testcraft Edutech Private Limited | Director | 22 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Provenance 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 Provenance Technologies Private Limited
Provenance Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Provenance Technologies Private Limited
Provenance Technologies operates one associated brand: TestCraft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online education platform for courses, assessments, and learning experiences in India. | testcraft.co.in |
Employees and EPFO Compliance at Provenance Technologies Private Limited
Employment history and EPFO contributions of people linked to Provenance 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 Provenance Technologies Private Limited
Provenance Technologies Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Ashwin Amrutlal Shah ceased to be Director on 17 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Provenance 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 Provenance 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 Provenance 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 Provenance Technologies Private Limited
Provenance Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP2143A1Z1 | Gujarat | Active | 15 May 2018 |
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 Provenance 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 Provenance Technologies Private Limited
Provenance Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 July 2015 (11+ years old) and is registered under CIN U72300GJ2015PTC083916.
Provenance Technologies reported revenue of ₹12.5 Lakh for FY 2024 (down 34% YoY).
Provenance Technologies has 4 current directors:
- Tanvir Chintan Shah - Director
- Mahir Chintan Shah - Director
- Chintan Suketu Shah - Director
- Swati Chintan Shah - Director
Provenance Technologies reported a net loss of ₹4.51 Lakh (net margin -36.1%) and EBITDA of -₹4 Lakh (EBITDA margin -32%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Provenance Technologies is -15% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Provenance Technologies is 24AAICP2143A1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Provenance Technologies is U72300GJ2015PTC083916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provenance Technologies was incorporated on 22 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Provenance Technologies by revenue are Precode Technology Solutions Private Limited, Techtigon Software Services Private Limited, Bangalore Software Services Private Limited, Bluetick Technologies Private Limited, Seven Energies Limited and 5 more, all in the Information Technology industry (Software Services).
Ashwin Amrutlal Shah ceased to be Director on 17 May 2021. Mahir Chintan Shah was appointed as Director on 04 Dec 2015. Tanvir Chintan Shah was appointed as Director on 04 Dec 2015. Provenance Technologies has 5 board changes on record in total.
Provenance Technologies can be reached through the website testcraft.co.in. Its registered office is in Ahmedabad, Gujarat, India.