Skvare Hitech Private Limited

Skvare Hitech Private Limited - business outsourcing in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2022PTC168318 Incorporated 24 November 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹7.4 Lakh
Latest filing
Net loss · FY 2024
₹1.8 Lakh
Net margin -24.3%
EBITDA · FY 2024
₹50,926
EBITDA margin 6.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Skvare Hitech Private Limited

Data last updated:

Skvare Hitech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 24 November 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2022PTC168318.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shambhuling Pawar and Vishal Shambhuling Pawar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.4 Lakh. For the same year it recorded a net loss of ₹1.8 Lakh (net margin -24.3%) and EBITDA of ₹50,926 (EBITDA margin 6.9%).

The company is associated with 1 brand: SkvareTech.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72200KA2022PTC168318
Registration Number 168318
Incorporation Date 24 November 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Skvare Hitech Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    Unit No 569 Site No 11/23 Madhuranagar 2nd Stage Mathsandra Main, Road, Bangalore, Karnataka, India – 560087
  • Industry
    Business Outsourcing, Business & IT Consulting
Comprehensive company report
Skvare Hitech Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Skvare Hitech operates one associated brand: SkvareTech. Each brand links to its own profile.

BrandDescriptionWebsite
Offers professional consulting in business advisory, tax, finance, legal, and marketing services.skvaretech.com

Financials of Skvare Hitech Private Limited

FY 2024 filings available

Skvare Hitech Private Limited reported revenue of ₹7.4 Lakh for FY 2024.

Revenue · FY 2024
₹7.4 Lakh
Net loss · FY 2024
₹1.8 Lakh margin -24.3%
EBITDA · FY 2024
₹50,926 margin 6.9%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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₹50,926
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.8 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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin6.9%
Net Profit Margin-24.3%
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

To see the full financial statements and ratios of Skvare Hitech Private Limited, buy the company report.

Board of directors of Skvare Hitech Private Limited

Skvare Hitech has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shambhuling PawarDirector24 Nov 20223 Years 11 MonthsCurrent
Vishal Shambhuling PawarDirector24 Nov 20223 Years 11 MonthsCurrent

Peer comparison

Skvare Hitech Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SL Financial Services and Consultancy Private Limited₹7.42 Lakh (FY 2023)-15.0%Bemetara, Chhattisgarh, India
Mahiruho Consulting Services Private Limited₹7.41 Lakh (FY 2025)404.0%Kolkata, West Bengal, India
M-Bellish Corporate Solutions Private Limited₹7.41 Lakh (FY 2023)12.0%Navi Mumbai, Maharashtra, India
Startitup Consultrex Private Limited₹7.41 Lakh (FY 2025)11.0%Delhi, India
Kognitivus Consulting Private Limited₹7.4 Lakh (FY 2025)Pune, Maharashtra, India
Skvare Hitech Private Limitedthis company₹7.4 Lakh (FY 2024)-₹1.8 Lakh-24.3%Bangalore, Karnataka, India
Indeed Business Solutions Private Limited₹7.39 Lakh (FY 2025)-95.0%New Delhi, Delhi, India
Growidus Consultants Private Limited₹7.39 Lakh (FY 2023)24.0%Ahmedabad, Gujarat, India
Strategygarage Solutions LLP₹7.38 Lakh (FY 2021)-66.0%Bangalore, Karnataka, India
Dream Themes Private Limited₹7.38 Lakh (FY 2023)24.0%Panchkula, Haryana, India
Agility Roots Private Limited₹7.38 Lakh (FY 2020)-92.0%Bangalore, Karnataka, India

To see the full peer comparison of Skvare Hitech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Skvare Hitech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Skvare Hitech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Skvare Hitech Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Shambhuling Pawar was appointed as Director on 24 Nov 2022.

AGM
Skvare Hitech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Skvare Hitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Shambhuling Pawar was appointed as Director.
Appointed
Vishal Shambhuling Pawar was appointed as Director.
Incorporation
24 Nov 2022
Skvare Hitech Private Limited was registered on 24 Nov 2022 with Roc Bangalore & aged 3 years 11 months as per MCA records.

Frequently asked questions

Skvare Hitech is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 24 November 2022 (4+ years old) and is registered under CIN U72200KA2022PTC168318.

Skvare Hitech has 2 current directors:

The latest financial statements of Skvare Hitech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.

The CIN (Corporate Identification Number) of Skvare Hitech is U72200KA2022PTC168318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Skvare Hitech was incorporated on 24 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Skvare Hitech by revenue are SL Financial Services and Consultancy Private Limited, Mahiruho Consulting Services Private Limited, M-Bellish Corporate Solutions Private Limited, Startitup Consultrex Private Limited, Kognitivus Consulting Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).

Shambhuling Pawar was appointed as Director on 24 Nov 2022. Vishal Shambhuling Pawar was appointed as Director on 24 Nov 2022.

The registered office of Skvare Hitech is at Unit No 569 Site No 1123 Madhuranagar 2nd Stage Mathsandra Main, Road, Bangalore, Karnataka, India – 560087.

Skvare Hitech operates in the business outsourcing industry, in the business and IT consulting segment.

The compliance status of Skvare Hitech is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.

Skvare Hitech has 1 associated brand: Skvaretech.