Tieto Tech Consulting India Private Limited

Tieto Tech Consulting India Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2006PTC038899 Incorporated 03 April 2006 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹276.58 Cr
▲ 2% YoY
Net profit · FY 2025
₹36.81 Cr
Net margin 13.3%
EBITDA · FY 2025
₹55.19 Cr
EBITDA margin 20%
Authorised capital
₹3.55 Cr
Registered with MCA
Paid-up capital
₹3.35 Cr
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹10.9 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
1,114
Provident fund records

About Tieto Tech Consulting India Private Limited

Data last updated:

Tieto Tech Consulting India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Tieto Sweden Ab. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 April 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC038899. Its GSTIN is 29AAJCS8352F1ZY (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹3.55 Cr and a paid-up capital of ₹3.35 Cr. It was formerly known as Span Infotech (India) Private Limited. It is led by directors including Liv Palma Lien Gusdal and Misuni Mankodi.

Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹276.58 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹36.81 Cr (net margin 13.3%) and EBITDA of ₹55.19 Cr (EBITDA margin 20%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.

The company has about 1,114 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Fair Jobs and EVRY. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹10.9 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evry.com.

Company details

CIN U72200KA2006PTC038899
Registration Number 038899
Incorporation Date 03 April 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Tieto Sweden Ab
Compliance Status Active Compliant

Contact details

Tieto Tech Consulting India Private Limited's registered office is in Bangalore South, Karnataka. Its website is evry.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    4th Floor E – Block SEZ Tower – E Global Village, Mylasandra – Pattanagere Village Rvce Post, Bangalore, Karnataka, India – 560059
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Tieto Tech Consulting India Private Limited, buy the company report.

Comprehensive company report
Tieto Tech Consulting India Private Limited - one report that includes everything
  • 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
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Brands

Tieto Tech Consulting India operates two associated brands: Fair Jobs and EVRY. Each brand links to its own profile.

BrandDescriptionWebsite
Online platform for browsing action, adventure, arcade, and other games.fairjobs.in
Software and services are delivered by EVRY to diverse sectors.evry.com

Business activity

The main business activity of Tieto Tech Consulting India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Tieto Tech Consulting India Private Limited, buy the company report.

Financials of Tieto Tech Consulting India Private Limited

FY 2025 filings available

Tieto Tech Consulting India Private Limited reported revenue of ₹276.58 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹276.58 Cr ▲ 2%
Net profit · FY 2025
₹36.81 Cr margin 13.3%
EBITDA · FY 2025
₹55.19 Cr margin 20%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 9%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 3%
5 years · compounded
▼ 6%

Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹276.58 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹55.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36.81 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20%
Net Profit Margin13.3%
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 Tieto Tech Consulting India Private Limited, buy the company report.

Board of directors of Tieto Tech Consulting India Private Limited

Tieto Tech Consulting India has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Liv Palma Lien GusdalDirector01 May 20224 Years 5 MonthsCurrent
Misuni MankodiDirector03 Oct 20242 Years 0 MonthsCurrent
Ashwani Kumar BatraAdditional Director10 Jul 20260 Years 3 MonthsCurrent

Auditor

Tieto Tech Consulting India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2025.

Auditor firmFinancial yearFirm registration number
DELOITTE HASKINS & SELLSFY 2025008072S

Shareholding

The shareholding of Tieto Tech Consulting India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tieto Tech Consulting India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.5 Cr
Satisfied charges
₹10.9 Cr
Breakdown by lending institutions
Citi Bank N.A.₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Aug 201110301148Citi Bank N.A.₹2.5 CrOpen
15 Feb 201210338940Cisco Systems Capital (India) Private Limited₹25.98 LakhSatisfied
10 Oct 200910179109Cisco Systems Capital (India) Private Limited₹7.72 LakhSatisfied
10 Oct 200810130417Icici Bank Limited₹21.36 LakhSatisfied
29 May 200810121555Icici Bank Limited₹18.61 LakhSatisfied

To see the full charge records of Tieto Tech Consulting India Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

Tieto Tech Consulting India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 48 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 16)

SupplierAmount dueDue sinceReported on
an individual supplier
S A Tech Software India Limited
an individual supplier
Peoplestrong Technologies Private Limited
Test Triangle Software Services Private Limited

To see the full MSME payment records of Tieto Tech Consulting India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Tieto Tech Consulting India Private Limited has a workforce of 1,114 employees on its EPFO records as of Oct 08, 2025, across 2 active EPFO establishments.

Employee count
1,114
Active EPFO establishments
2
Employee growth
-2.45%

GST

Tieto Tech Consulting India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AAJCS8352F1ZYKarnatakaActive01 Jul 2017
29AAJCS8352F2ZXKarnatakaActive25 Aug 2017
03AAJCS8352F1ZCPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Tieto Tech Consulting India Private Limited, buy the company report.

Recent activity

Tieto Tech Consulting India Private Limited has 29 board changes on record since 2007: 4 appointments and 25 cessations. The latest: Ashwani Kumar Batra was appointed as Additional Director on 10 Jul 2026.

Appointed
Ashwani Kumar Batra was appointed as Additional Director.
AGM
Tieto Tech Consulting India Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Filing
Tieto Tech Consulting India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Misuni Mankodi was appointed as Director.
Ceased
Harri Juhani Salomaa ceased to be Additional Director.
Ceased
Liv Palma Lien Gusdal ceased to be Additional Director.
Appointed
Shyam Pattabiraman Sundar was appointed as CFO.
Appointed
Liv Palma Lien Gusdal was appointed as Director.
Ceased
Oystein Molberg ceased to be Director.
Ceased
Ari Jukka Antero Jarvela ceased to be Additional Director.
Ceased
Asta Ellingsen Stenhagen ceased to be Director.
Ceased
Per Kristian Hove ceased to be Director.

35 earlier events are in the company report.

Frequently asked questions

Tieto Tech Consulting India is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 April 2006 (20+ years old) and is registered under CIN U72200KA2006PTC038899.

Tieto Tech Consulting India has 3 current directors:

The latest financial statements of Tieto Tech Consulting India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Tieto Tech Consulting India is 29AAJCS8352F1ZY, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAJCS8352F2ZX (Karnataka), 03AAJCS8352F1ZC (Punjab).

The CIN (Corporate Identification Number) of Tieto Tech Consulting India is U72200KA2006PTC038899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tieto Tech Consulting India has 9 court cases on record: 4 filed by the company and 5 filed against it. Most are in the high courts.

Tieto Tech Consulting India was incorporated on 03 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.

Ashwani Kumar Batra was appointed as Additional Director on 10 Jul 2026. Misuni Mankodi was appointed as Director on 03 Oct 2024. Harri Juhani Salomaa ceased to be Additional Director on 27 Sep 2022. Tieto Tech Consulting India has 29 board changes on record in total.

Tieto Tech Consulting India has 9 MSME Form 1 returns on record between 2019 and 2023, listing 48 overdue payments to 16 micro and small suppliers. The latest return was filed on 29 Aug 2023.

Tieto Tech Consulting India can be reached through the website evry.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Tieto Tech Consulting India is at 4th Floor E – Block SEZ Tower – E Global Village, Mylasandra – Pattanagere Village Rvce Post, Bangalore, Karnataka, India – 560059.