- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0063628

About Suveechi Technologies Private Limited
Data last updated:
Suveechi Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 11 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC056588. Its GSTIN is 29AAPCS3794K1ZD (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Markandeya Mattur Dhruva Kumar Avadhany and Beena Jyothi.
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 No 190 Service Road West Of Chord Road 2nd Stage Mahalakshmipuram, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.92 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹17.33 Lakh (net margin 3.5%) and EBITDA of ₹38.15 Lakh (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SuVeechi. As per MCA filings, the company has open charges of ₹65 Lakh on record.
Suveechi Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0063628). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suveechi.com.
Company details
Recognitions & Rankings of Suveechi Technologies
Contact details
Suveechi Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is suveechi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 190 Service Road West Of Chord Road 2nd Stage Mahalakshmipuram, Bangalore, Karnataka, India – 560086
- IndustryInformation Technology, Geographic Information System (GIS) Solutions
To see the full contact details of Suveechi 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
Brands
Suveechi Technologies operates one associated brand: SuVeechi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers GPS, RFID, and bio-metric technologies for fleet management and tracking. | suveechi.com |
Business activity
The main business activity of Suveechi Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Suveechi Technologies Private Limited, buy the company report.
Financials of Suveechi Technologies Private Limited
FY 2024 filings availableSuveechi Technologies Private Limited reported revenue of ₹4.92 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 5% growth in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹38.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.33 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Suveechi Technologies Private Limited, buy the company report.
Board of directors of Suveechi Technologies Private Limited
Suveechi Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Markandeya Mattur Dhruva Kumar Avadhany Also directs: Samartha Infosolutions Private Limited | Director | 11 Jan 2011 | 15 Years 9 Months | Current |
| Beena Jyothi Also directs: Freesoul Technology Services LLP | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Shashank Matture Gopala Avadhany Also directs: Samartha Infosolutions Private Limited | Director | 24 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Suveechi Technologies Private Limited is audited by GRSM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRSM & ASSOCIATES | FY 2023 | 000863S |
Shareholding
The shareholding of Suveechi Technologies Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suveechi Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2016 | 100071246 | Others | ₹65 Lakh | Open |
To see the full charge records of Suveechi Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Suveechi 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 Suveechi Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suveechi Technologies Private Limited has a workforce of 35 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Suveechi Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS3794K1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suveechi Technologies Private Limited, buy the company report.
Recent activity
Suveechi Technologies Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Manjunath Narasimha Murthy Gunjur ceased to be Additional Director on 01 Aug 2016.
Frequently asked questions
Suveechi Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 11 January 2011 (15+ years old) and is registered under CIN U72200KA2011PTC056588.
Suveechi Technologies has 3 current directors:
- Markandeya Mattur Dhruva Kumar Avadhany - Director
- Beena Jyothi - Director
- Shashank Matture Gopala Avadhany - Director
The latest financial statements of Suveechi 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 2015 are in the company report.
The GSTIN of Suveechi Technologies is 29AAPCS3794K1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Suveechi Technologies is U72200KA2011PTC056588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suveechi Technologies was incorporated on 11 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Manjunath Narasimha Murthy Gunjur ceased to be Additional Director on 01 Aug 2016. Beena Jyothi was appointed as Director on 31 Mar 2015. Sridhar Bhaskarla ceased to be Director on 13 Jan 2015. Suveechi Technologies has 6 board changes on record in total.
Yes, Suveechi Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0063628).
Suveechi Technologies can be reached through the website suveechi.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Suveechi Technologies is at No 190 Service Road West Of Chord Road 2nd Stage Mahalakshmipuram, Bangalore, Karnataka, India – 560086.