MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-03-0000621
Tech Elecon Private Limited - information technology in Vallabh Vidyanagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.51 Cr
▲ 27% YoY
Net profit · FY 2025
₹6.41 Cr
Net margin 10.8%
EBITDA · FY 2025
₹9.89 Cr
EBITDA margin 16.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Satisfied ₹2.5 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
175
Provident fund records
About Tech Elecon Private Limited
Data last updated:
Tech Elecon Private Limited is a private limited company based in Vallabh Vidyanagar, Gujarat, India, a subsidiary of Aakaaish Investments Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 May 2012 and has been in existence for over 14 years.
Its director Prayasvin B Patel and family are #540 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2012PTC070532. Its GSTIN is 24AADCE1452A1ZF (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Excel Epc Projects Private Limited. It is led by directors including Pradip Manubhai Patel and Ravin Ramanlal Shah.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Land Survey No. 340/1 340/2 And 371 Anand Sojitra Road, Vallabh Vidyanagar, Gujarat, India – 388120.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.51 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹6.41 Cr (net margin 10.8%) and EBITDA of ₹9.89 Cr (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 27% over five years.
The company has about 175 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹2.5 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2015. The company has 15 MSME Form 1 returns on record between 2017 and 2024, listing 281 overdue payments to 21 micro and small suppliers.
Tech Elecon Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0000621). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techelecon.com.
Company details
CIN U72900GJ2012PTC070532
Registration Number 070532
Incorporation Date 30 May 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aakaaish Investments Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-03-0000621
CIN history
Tech Elecon has one previous CIN (Corporate Identification Number): U29150GJ2012PTC070532. The current CIN is U72900GJ2012PTC070532, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900GJ2012PTC070532 | Current |
| U29150GJ2012PTC070532 | Previous |
Recognitions & Rankings of Tech Elecon
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #540 Prayasvin B Patel & family ₹6,300 Cr
Contact details
Tech Elecon Private Limited's registered office is in Vallabh Vidyanagar, Gujarat. Its website is techelecon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLand Survey No. 340/1 340/2 And 371 Anand Sojitra Road, Vallabh Vidyanagar, Gujarat, India – 388120
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Tech Elecon Private Limited, buy the company report.
Comprehensive company report
Tech Elecon 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 activities of Tech Elecon are information and communication and support service to organizations. In detail, this covers wired, wireless or satellite telecommunication activities, housekeeping & maintenance service and other information & communication service activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | |
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Tech Elecon Private Limited, buy the company report.
Financials of Tech Elecon Private Limited
FY 2025 filings availableTech Elecon Private Limited reported revenue of ₹59.51 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹59.51 Cr ▲ 27%
Net profit · FY 2025
₹6.41 Cr margin 10.8%
EBITDA · FY 2025
₹9.89 Cr margin 16.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 25%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 70%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 27% growth in the latest year. EBITDA rose 14% 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 |
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| EBITDA | ₹9.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.41 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 10.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Tech Elecon Private Limited, buy the company report.
Board of directors of Tech Elecon Private Limited
Tech Elecon has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Manubhai Patel Also directs: Ziwani Properties LLP, Jadeite Properties LLP, Eimco Elecon (India ) Limited and 5 more | Director | 30 May 2012 | 14 Years 5 Months | Current |
| Ravin Ramanlal Shah Also directs: Elecon Hydraulics Private Limited, Elecon Hydraulics Private Limited, Emtici Engineering Limited and 5 more | Director | 01 Dec 2020 | 5 Years 11 Months | Current |
| Prayasvin Patel Also directs: Eimco Elecon (India ) Limited, Elecon Engineering Company Limited, Elecon Hydraulics Private Limited and 5 more | Director | 30 May 2012 | 14 Years 5 Months | Current |
Auditor
Tech Elecon Private Limited is audited by THACKER BUTALA DESAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THACKER BUTALA DESAI | FY 2023 | 110864W |
Shareholding
The shareholding of Tech Elecon 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 Tech Elecon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.5 Cr
Satisfied charges
₹2.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2017 | 100093687 | Axis Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Tech Elecon Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Tech Elecon Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2015.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: Aakaaish Investments Private Limited Seller: an individual |
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 Tech Elecon 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
Tech Elecon Private Limited has 15 MSME Form 1 returns on record between 2017 and 2024, listing 281 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Orno India Solution Private Limited | |||
| Foxbase Technologies Private Limited | |||
| Multilink Computers Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Tech Elecon Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tech Elecon Private Limited has a workforce of 175 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
175
Active EPFO establishments
1
Employee growth
2.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 175 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Tech Elecon Private Limited, buy the company report.
GST
Tech Elecon has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCE1452A1ZF | Gujarat | Active | 01 Jul 2017 |
| 19AADCE1452A1Z6 | West Bengal | Active | 01 Jul 2017 |
| 18AADCE1452A1Z8 | Assam | Active | 30 Aug 2021 |
To see the full GST registrations and return filing status of Tech Elecon Private Limited, buy the company report.
Recent activity
Tech Elecon Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Ravin Ramanlal Shah ceased to be Additional Director on 20 Aug 2021.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100093687 with Axis Bank Limited was fully satisfied on 30 Oct 2025.
AGM
Tech Elecon Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Filing
Tech Elecon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ravin Ramanlal Shah ceased to be Additional Director.
Appointed
Ravin Ramanlal Shah was appointed as Director.
Ceased
Prashant Chandrakant Amin ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 250.00 Lakh registered on 30 Mar 2017 with Charge ID 100093687 was modified on 24 Jun 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100093687 was registered on 30 Mar 2017.
Appointed
Pradip Manubhai Patel was appointed as Director.
Appointed
Prayasvin Patel was appointed as Director.
Incorporation
30 May 2012
Tech Elecon Private Limited was registered on 30 May 2012 with Roc Ahmedabad & aged 14 years 5 months as per MCA records.
Frequently asked questions
Tech Elecon is an active private limited company based in Vallabh Vidyanagar, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 May 2012 (14+ years old) and is registered under CIN U72900GJ2012PTC070532.
Tech Elecon has 3 current directors:
- Pradip Manubhai Patel - Director
- Ravin Ramanlal Shah - Director
- Prayasvin Patel - Director
The latest financial statements of Tech Elecon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tech Elecon is 24AADCE1452A1ZF, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 19AADCE1452A1Z6 (West Bengal), 18AADCE1452A1Z8 (Assam).
The CIN (Corporate Identification Number) of Tech Elecon is U72900GJ2012PTC070532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Elecon was incorporated on 30 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tech Elecon has 1 deal on record (1 secondary share transfer); the latest was in November 2015.
Ravin Ramanlal Shah ceased to be Additional Director on 20 Aug 2021. Ravin Ramanlal Shah was appointed as Director on 01 Dec 2020. Prashant Chandrakant Amin ceased to be Director on 01 Jun 2020. Tech Elecon has 5 board changes on record in total.
Yes, Tech Elecon is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-03-0000621).
Tech Elecon has 15 MSME Form 1 returns on record between 2017 and 2024, listing 281 overdue payments to 21 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Tech Elecon can be reached through the website techelecon.com. Its registered office is in Vallabh Vidyanagar, Gujarat, India.
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