MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TN-03-0011588
Servtek IT Private Limited
Servtek IT Private Limited - financial services in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹17.11 Cr
▲ 34% YoY
Net profit · FY 2020
₹89.5 Lakh
Net margin 5.2%
EBITDA · FY 2020
₹1.66 Cr
EBITDA margin 9.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹14.31 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Servtek IT Private Limited
Data last updated:
Servtek IT Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 20 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2016PTC028017. Its GSTIN is 33AAXCS6268A2Z1 (Tamil Nadu). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Raju Ravichandran and Noor Azghar Ahmed.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop Nos. Ff1 Ff2 D.No. 294 295 296 Dr. Nanjappa Road, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2020, the company reported a revenue of ₹17.11 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹89.5 Lakh (net margin 5.2%) and EBITDA of ₹1.66 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
As per MCA filings, the company has open charges of ₹14.31 Lakh on record. Court records list 9 cases involving the company, including 9 filed against it; 3 cases are pending.
Servtek IT Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0011588). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Servtek IT Private Limited
CIN U74999TZ2016PTC028017
Registration Number 028017
Incorporation Date 20 September 2016
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0011588
Recognitions & Rankings of Servtek IT
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop Nos. Ff1 Ff2 D.No. 294 295 296 Dr. Nanjappa Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryFinancial Services, Online Payment Gateways
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Servtek IT Private Limited - one report that includes everything
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Business Activity of Servtek IT Private Limited
The main business activity of Servtek IT 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Servtek IT Private Limited FY 2020 filings available
Servtek IT Private Limited reported revenue of ₹17.11 Cr (up 34% YoY) for FY 2020.
Revenue · FY 2020
₹17.11 Cr ▲ 34%
Net profit · FY 2020
₹89.5 Lakh margin 5.2%
EBITDA · FY 2020
₹1.66 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR) of Servtek IT Private Limited
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 100%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 143%
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 34% growth in the latest year. EBITDA rose 40% 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 Servtek IT Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹17.11 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.66 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹89.5 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 Servtek IT Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.7% | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• |
| 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 Servtek IT are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
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Verified entity values are shown only after access is granted.
Board of Directors of Servtek IT Private Limited
Servtek IT has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Ravichandran | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Noor Azghar Ahmed Also directs: Servpos Global E-Services Private Limited | Additional Director | 28 Feb 2022 | 4 Years 7 Months | Current |
Peer Comparison of Servtek IT Private Limited
Servtek IT Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Gateways). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Groww Pay Services Private Limited | ₹18.56 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Aggrepay Payments Solutions Private Limited | ₹18.45 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Wise Payments India Private Limited | ₹17.95 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Valor Paytech India Private Limited | ₹17.91 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Chennai, Tamil Nadu, India |
| Global Payex Technologies Private Limited | ₹17.54 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Servtek IT Private Limited this company | ₹17.11 Cr (FY 2020) | •••• | •••• | 34.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ideal E-Cash Solutions Private Limited | ₹16.97 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Jaipur, Rajasthan, India |
| Payment Gateway Solutions Private Limited | ₹16.88 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Oxigen Online Services (India) Private Limited | ₹16.63 Cr (FY 2025) | •••• | •••• | 255771900.0% | •••• | New Delhi, Delhi, India |
| Arthashastra Fintech Private Limited | ₹16.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Trustlypay Financial Technology Private Limited | ₹16.36 Cr (FY 2024) | •••• | •••• | 13099.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Servtek IT by revenue in the BFSI industry (Payment Gateways), 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 Servtek IT Private Limited
Servtek IT Private Limited is audited by S P ANANDA KUMAR & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P ANANDA KUMAR & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Servtek IT Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Servtek IT Private Limited
Open charges
₹14.31 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2021 | Hdfc Bank Limited | ₹14.31 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Servtek IT Private Limited
Servtek IT Private Limited has 9 court cases on record: 9 filed against it. 3 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
9
Filed against the company
9
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Aditya Birla Finance Limited | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
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Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
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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.
Employees and EPFO Compliance at Servtek IT Private Limited
Employment history and EPFO contributions of people linked to Servtek IT.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Servtek IT Private Limited
Servtek IT Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Noor Azghar Ahmed was appointed as Additional Director on 28 Feb 2022.
Appointed
Noor Azghar Ahmed was appointed as Additional Director.
Ceased
Ravichandran Arjun Raju ceased to be Director.
Ceased
Ravichandran Lalitha ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.31 Lakh with Charge ID 100486313 was registered on 28 Jun 2021.
AGM
Servtek It Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Servtek It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Coimbatore.
Appointed
Raju Ravichandran was appointed as Director.
Ceased
Raju Ravichandran ceased to be Director.
Ceased
Ravichandran Prabhuraj ceased to be Director.
Incorporation
20 Sep 2016
Servtek It Private Limited was registered on 20 Sep 2016 with Roc Coimbatore & aged 10 years 30 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Servtek IT Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Servtek IT Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Servtek IT Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Servtek IT Private Limited
Servtek IT has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAXCS6268A2Z1 | Tamil Nadu | Active | 12 Jul 2017 |
| 37AAXCS6268A1ZU | Andhra Pradesh | Active | 06 Oct 2017 |
| 36AAXCS6268A1ZW | Telangana | Active | 07 Oct 2017 |
| 29AAXCS6268A1ZR | Karnataka | Active | 11 Oct 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Servtek IT Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Frequently Asked Questions about Servtek IT Private Limited
Servtek IT is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 20 September 2016 (10+ years old) and is registered under CIN U74999TZ2016PTC028017.
Servtek IT reported revenue of ₹17.11 Cr for FY 2020 (up 34% YoY).
Servtek IT has 2 current directors:
- Raju Ravichandran - Director
- Noor Azghar Ahmed - Additional Director
Servtek IT reported a net profit of ₹89.5 Lakh (net margin 5.2%) and EBITDA of ₹1.66 Cr (EBITDA margin 9.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Servtek IT is 100% over three years. In the latest year (FY 2020) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Servtek IT is 33AAXCS6268A2Z1, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAXCS6268A1ZU (Andhra Pradesh), 36AAXCS6268A1ZW (Telangana), 29AAXCS6268A1ZR (Karnataka).
The CIN (Corporate Identification Number) of Servtek IT is U74999TZ2016PTC028017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Servtek IT has 9 court cases on record: 9 filed against it. 3 are pending.
Servtek IT was incorporated on 20 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Servtek IT by revenue are Groww Pay Services Private Limited, Aggrepay Payments Solutions Private Limited, Wise Payments India Private Limited, Valor Paytech India Private Limited, Global Payex Technologies Private Limited and 5 more, all in the BFSI industry (Payment Gateways).
Noor Azghar Ahmed was appointed as Additional Director on 28 Feb 2022. Ravichandran Arjun Raju ceased to be Director on 28 Feb 2022. Ravichandran Lalitha ceased to be Director on 01 Sep 2021. Servtek IT has 6 board changes on record in total.