Startup India Government of India
Suvaca Technologies Private Limited - consumer electronics & durables in Banashankari Stage, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.06 Cr
▼ 15% YoY
Net profit · FY 2024
₹16.87 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹24.51 Lakh
EBITDA margin 6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Suvaca Technologies Private Limited
Data last updated:
Suvaca Technologies Private Limited is a private limited company based in Banashankari Stage, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31904KA2019PTC130202. Its GSTIN is 29ABDCS0009A1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pavitra Vishwanath Hegde and Raghavendra Mannar Shetty.
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 Uniwork Spaces 4th Floor K R Square No.1073 30th Main Road 15th Cross Road, Banashankari Stage, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.06 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹16.87 Lakh (net margin 4.2%) and EBITDA of ₹24.51 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
Suvaca Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0009984). For more details, the company can be reached via its website suvaca.com.
Company details
CIN U31904KA2019PTC130202
Registration Number 130202
Incorporation Date 29 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0009984
Recognitions & Rankings of Suvaca Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0009984
Contact details
Suvaca Technologies Private Limited's registered office is in Banashankari Stage, Karnataka. Its website is suvaca.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUniwork Spaces 4th Floor K R Square No.1073 30th Main Road 15th Cross Road, Banashankari Stage, Karnataka, India – 560070
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Suvaca Technologies Private Limited, buy the company report.
Comprehensive company report
Suvaca Technologies 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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Business activity
The main business activity of Suvaca Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Suvaca Technologies Private Limited, buy the company report.
Financials of Suvaca Technologies Private Limited
FY 2024 filings availableSuvaca Technologies Private Limited reported revenue of ₹4.06 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹4.06 Cr ▼ 15%
Net profit · FY 2024
₹16.87 Lakh margin 4.2%
EBITDA · FY 2024
₹24.51 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 97%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA fell 12% 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 | FY 2019-20 |
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| EBITDA | ₹24.51 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹16.87 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Suvaca Technologies Private Limited, buy the company report.
Board of directors of Suvaca Technologies Private Limited
Suvaca Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavitra Vishwanath Hegde Also directs: Agasthya Naturals Private Limited, Indus Herbs Private Limited | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
| Raghavendra Mannar Shetty | Director | 29 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Suvaca Technologies Private Limited is audited by PUNITH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUNITH & ASSOCIATES | FY 2022 | 017746S |
Shareholding
The shareholding of Suvaca Technologies Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Suvaca Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Suvaca 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 Suvaca Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suvaca Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABDCS0009A1ZY | Karnataka | Active | 08 Sep 2020 |
To see the full GST registrations and return filing status of Suvaca Technologies Private Limited, buy the company report.
Recent activity
Suvaca Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Pavitra Vishwanath Hegde was appointed as Director on 29 Nov 2019.
AGM
Suvaca Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Suvaca Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Pavitra Vishwanath Hegde was appointed as Director.
Appointed
Raghavendra Mannar Shetty was appointed as Director.
Incorporation
29 Nov 2019
Suvaca Technologies Private Limited was registered on 29 Nov 2019 with Roc Bangalore & aged 6 years 11 months as per MCA records.
Frequently asked questions
Suvaca Technologies is an active private limited company based in Banashankari Stage, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 November 2019 (7+ years old) and is registered under CIN U31904KA2019PTC130202.
Suvaca Technologies has 2 current directors:
- Pavitra Vishwanath Hegde - Director
- Raghavendra Mannar Shetty - Director
The latest financial statements of Suvaca Technologies 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 2020 are in the company report.
The GSTIN of Suvaca Technologies is 29ABDCS0009A1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Suvaca Technologies is U31904KA2019PTC130202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvaca Technologies was incorporated on 29 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Pavitra Vishwanath Hegde was appointed as Director on 29 Nov 2019. Raghavendra Mannar Shetty was appointed as Director on 29 Nov 2019.
Yes, Suvaca Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Suvaca Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0009984).
Suvaca Technologies can be reached through the website suvaca.com. Its registered office is in Banashankari Stage, Karnataka, India.
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