Tech Formation Services Private Limited
About Tech Formation Services Private Limited
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Tech Formation Services Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2021PTC054204. Its GSTIN is 03AAICT8533E1ZF (Punjab).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Gagandeep Gambhir and Jyoti Rani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 32, Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.33 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Lakh (net margin -0.4%) and EBITDA of ₹7.03 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressLower Third Floor SCO 11, Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141010
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Tech Formation Services Private Limited
The main business activity of Tech Formation Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tech Formation Services Private Limited FY 2025 filings available
Tech Formation Services Private Limited reported revenue of ₹4.33 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tech Formation Services Private Limited
Revenue fell 29% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA fell 90% 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 of Tech Formation Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹7.03 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.62 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 of Tech Formation Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tech Formation Services are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Tech Formation Services Private Limited
Tech Formation Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Totality Media Private Limited | ₹4.34 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Provility Software Solutions Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Heylin Spark Strategics Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Jaipur, Rajasthan, India |
| Klearcom Infotech India Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Ahmedabad, Gujarat, India |
| Nalanda Advertising Associates Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Hyderabad, Telangana, India |
| Tech Formation Services Private Limited this company | ₹4.33 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Ludhiana, Punjab, India |
| Sumit Rathor Consulting Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Bhutya Technologies Private Limited | ₹4.33 Cr (FY 2024) | •••• | •••• | 559.0% | •••• | Pune, Maharashtra, India |
| Koozo Commerce Private Limited | ₹4.33 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Rank Media Search Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Noida, Uttar Pradesh, India |
| Inflocuris Consulting Private Limited | ₹4.33 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Khurda, Odisha, India |
Peers are the five companies nearest above and the five nearest below Tech Formation Services by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tech Formation Services Private Limited
Tech Formation Services Private Limited is audited by ASHA GULATI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHA GULATI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tech Formation Services Private Limited
Tech Formation Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagandeep Gambhir Also directs: Quintaver Investments Private Limited | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
| Jyoti Rani Also directs: Quintaver Investments Private Limited | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
| Sunny Kumar | Director | 11 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Tech Formation Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tech Formation Services Private Limited
Tech Formation Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tech Formation Services Private Limited
Employment history and EPFO contributions of people linked to Tech Formation Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tech Formation Services Private Limited
Tech Formation Services Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Gagandeep Gambhir was appointed as Director on 11 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Tech Formation Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tech Formation Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tech Formation Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tech Formation Services Private Limited
Tech Formation Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICT8533E1ZF | Punjab | Active | 18 Nov 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tech Formation Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tech Formation Services Private Limited
Tech Formation Services is an active private limited company based in Ludhiana, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 September 2021 (5+ years old) and is registered under CIN U72900PB2021PTC054204.
Tech Formation Services reported revenue of ₹4.33 Cr for FY 2025 (down 29% YoY).
Tech Formation Services has 3 current directors:
- Gagandeep Gambhir - Director
- Jyoti Rani - Director
- Sunny Kumar - Director
Tech Formation Services reported a net loss of ₹1.62 Lakh (net margin -0.4%) and EBITDA of ₹7.03 Lakh (EBITDA margin 1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tech Formation Services is 73% over three years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tech Formation Services is 03AAICT8533E1ZF, registered in Punjab.
The CIN (Corporate Identification Number) of Tech Formation Services is U72900PB2021PTC054204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Formation Services was incorporated on 11 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Tech Formation Services by revenue are Totality Media Private Limited, Provility Software Solutions Private Limited, Heylin Spark Strategics Private Limited, Klearcom Infotech India Private Limited, Nalanda Advertising Associates Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Gagandeep Gambhir was appointed as Director on 11 Sep 2021. Jyoti Rani was appointed as Director on 11 Sep 2021. Sunny Kumar was appointed as Director on 11 Sep 2021.
Yes, Tech Formation Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).