Shovid Technologies Private Limited
About Shovid Technologies Private Limited
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Shovid Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online entertainment platforms segment of the internet and digital services sector. It was incorporated on 31 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC134455. Its GSTIN is 29AANCM4741N1ZQ (Karnataka).
The company has an authorised share capital of ₹19.2 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Mitron Tv Private Limited. It is led by directors Rajrani Agrawal and Shivank Agarwal.
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 F. No. 2024 B Block Sobha Rose Apartment Whitefield Main Road Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.26 Lakh, a growth of 87% compared to the previous year. For the same year it recorded a net loss of ₹4.65 Lakh (net margin -15.4%) and EBITDA of ₹8.29 Lakh (EBITDA margin 27.4%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mitron. The company has 6 deals on record (3 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹40.78 Cr; the latest was in June 2022. Its 6 peer companies in the same principal business activity (creative, arts and entertainment activities) are compared by revenue, 3 larger and 3 smaller; the largest is Visual Upriser Private Limited with revenue of ₹30.31 Lakh.
Company details
Contact details
Shovid Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF. No. 2024 B Block Sobha Rose Apartment Whitefield Main Road Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInternet, Online Entertainment Platforms
To see the full contact details of Shovid Technologies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Shovid Technologies is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Shovid Technologies Private Limited, buy the company report.
Financials of Shovid Technologies Private Limited
FY 2025 filings availableShovid Technologies Private Limited reported revenue of ₹30.26 Lakh (up 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 97% over three years, including 87% growth in the latest year. EBITDA rose 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.29 Lakh | |||
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| Net Profit (PAT) | -₹4.65 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 27.4% | |||
| Net Profit Margin | -15.4% | |||
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To see the full financial statements and ratios of Shovid Technologies Private Limited, buy the company report.
Board of directors of Shovid Technologies Private Limited
Shovid Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajrani Agrawal Also directs: Lionlaunchers Services Private Limited | Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Shivank Agarwal | Additional Director | 31 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Shovid Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Visual Upriser Private Limited | ₹30.31 Lakh (FY 2025) | 3.0% | Kalyan, Maharashtra, India | |||
| Punjabi Starlive Event Management Private Limited | ₹30.3 Lakh (FY 2018) | 129.0% | Mohali, Punjab, India | |||
| Pitchventure Productions Private Limited | ₹30.29 Lakh (FY 2024) | 44.0% | Noida, Uttar Pradesh, India | |||
| Shovid Technologies Private Limitedthis company | ₹30.26 Lakh (FY 2024) | -₹4.65 Lakh | -15.4% | 87.0% | 3 | Bangalore, Karnataka, India |
| Ayursutra Private Limited | ₹30.2 Lakh (FY 2025) | -24.0% | Thiruvananthapuram, Kerala, India | |||
| Vaga Digital Media Private Limited | ₹30.06 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Techkilla Technologies Private Limited | ₹30 Lakh (FY 2024) | 30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shovid Technologies Private Limited, buy the company report.
Auditor
Shovid Technologies Private Limited is audited by SHREEKANTBHOOT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHREEKANTBHOOT | FY 2022 | 059325 |
Shareholding
The shareholding of Shovid Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shovid Technologies Private Limited, buy the company report.
Deals & funding
Shovid Technologies Private Limited has 6 deals on record (3 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹40.78 Cr; the latest was in June 2022.
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Acquisition | Undisclosed | Buyer: Bombinate Technologies Private Limited |
| Jun 2020 | Funding round · Seed | ₹2.1 Cr | Investors: 3One4 Capital, LVX (LetsVenture), an individual |
| Jun 2020 | Rights issue | ₹1.8 Lakh | Investors: 2 individuals |
To see the full deal history of Shovid Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shovid Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shovid Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shovid Technologies Private Limited has a workforce of 3 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Shovid Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM4741N1ZQ | Karnataka | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Shovid Technologies Private Limited, buy the company report.
Recent activity
Shovid Technologies Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Shivank Agarwal was appointed as Additional Director on 31 Mar 2025.
News
Frequently asked questions
Shovid Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online entertainment platforms, within the internet industry. It was incorporated on 31 May 2020 (6+ years old) and is registered under CIN U74999KA2020PTC134455.
Shovid Technologies has 2 current directors:
- Rajrani Agrawal - Director
- Shivank Agarwal - Additional Director
The latest financial statements of Shovid Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Shovid Technologies is 29AANCM4741N1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Shovid Technologies is U74999KA2020PTC134455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shovid Technologies was incorporated on 31 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Shovid Technologies has 6 deals on record (3 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹40.78 Cr; the latest was in June 2022.
The peers of Shovid Technologies by revenue are Visual Upriser Private Limited, Punjabi Starlive Event Management Private Limited, Pitchventure Productions Private Limited, Ayursutra Private Limited, Vaga Digital Media Private Limited and 1 more, all in the same principal business activity (creative, arts and entertainment activities).
Shivank Agarwal was appointed as Additional Director on 31 Mar 2025. Anish Khandelwal ceased to be Director on 19 Sep 2022. Rajrani Agrawal was appointed as Director on 19 Sep 2022. Shovid Technologies has 6 board changes on record in total.
The registered office of Shovid Technologies is at F. No. 2024 B Block Sobha Rose Apartment Whitefield Main Road Whitefield, Bangalore, Karnataka, India – 560066.
Shovid Technologies operates in the internet industry, in the online entertainment platforms segment.
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