Technoart Constructions Private Limited
About Technoart Constructions Private Limited
Data last updated:
Technoart Constructions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 03 October 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1970PTC001950. Its GSTIN is 29AAACT5910B1ZO (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mysore Nagraj Karthik (Managing Director) and Mysore Ramaswamy Subbakrishna Nagaraja Rao.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.68/A 3rd & 4th Floor 32nd Cross Jayanagar 7th Block, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.71 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.2 Lakh (net margin 1.2%) and EBITDA of ₹1.68 Cr (EBITDA margin 13.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.1 Cr and satisfied charges of ₹8.27 Lakh on record. Court records list 26 cases involving the company, including 14 filed by the company and 11 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.68/A 3rd & 4th Floor 32nd Cross Jayanagar 7th Block, Bangalore, Karnataka, India – 560082
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Technoart Constructions Private Limited
The main business activity of Technoart Constructions is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Technoart Constructions Private Limited FY 2023 filings available
Technoart Constructions Private Limited reported revenue of ₹12.71 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Technoart Constructions Private Limited
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 15% 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 Technoart Constructions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹12.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.2 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 Technoart Constructions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Technoart Constructions are in the company report.
Financial statements from 2015
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 Technoart Constructions Private Limited
Technoart Constructions Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aks Highway Projects Private Limited | •••• | •••• | •••• | •••• | - | Sasaram, Bihar, India |
| Techno Drilling Project Private Limited | •••• | •••• | •••• | •••• | - | North 24 Paraganas, West Bengal, India |
| Translands Infrastructure Developers Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Venkatappa Ananda Services Private Limited | •••• | •••• | •••• | •••• | 532 | Bangalore, Karnataka, India |
| Otech Energy Private Limited | •••• | •••• | •••• | •••• | - | Mahesana, Gujarat, India |
| Technoart Constructions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Paramjyoti Infratech Private Limited | •••• | •••• | •••• | •••• | 269 | Delhi, India |
| Torin Polyfab Private Limited | •••• | •••• | •••• | •••• | 21 | Kolkata, West Bengal, India |
| Adarsh Finserv Private Limited | •••• | •••• | •••• | •••• | - | Jamshedpur, Jharkhand, India |
| Sri Shirdi Sai Infratel Private Limited | •••• | •••• | •••• | •••• | - | Gaya, Bihar, India |
| Ucc Engineering India Private Limited | •••• | •••• | •••• | •••• | 10 | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Technoart Constructions by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Technoart Constructions Private Limited
Technoart Constructions Private Limited is audited by P .V.PAI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P .V.PAI & CO | 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 Technoart Constructions Private Limited
Technoart Constructions 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 |
|---|---|---|---|---|
| Mysore Ramaswamy Subbakrishna Nagaraja Rao | Director | 11 Aug 1978 | 48 Years 1 Months | Current |
| Mysore Nagraj Karthik | Managing Director | 01 May 2005 | 21 Years 5 Months | Current |
| Rathna Nagaraj | Director | 01 Sep 2003 | 23 Years 1 Months | Current |
Ownership and Shareholding of Technoart Constructions 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 Technoart Constructions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2023 | Hdfc Bank Limited | ₹27 Lakh | Open |
| 07 Feb 2023 | Hdfc Bank Limited | ₹21 Lakh | Open |
| 07 Sep 2017 | Others | ₹2.1 Cr | Open |
| 13 Mar 2017 | Axis Bank Limited | ₹1.03 Cr | Open |
| 13 Mar 2017 | Axis Bank Limited | ₹57 Lakh | Open |
Total charge records: 20 View all charges
Legal Cases of Technoart Constructions Private Limited
Technoart Constructions Private Limited has 26 court cases on record: 14 filed by Technoart Constructions, 11 filed against it, 1 where it is another party. 4 cases are pending and 22 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 6 | 1 |
| High courts | 10 | 4 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against D.T.S Diamond Tools Sea Private Limited | Disposed |
| Bombay High Court | Court case (SPMP) | Filed against the company by Fair Growth Financial Services Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by S A Samad Educational Trust | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
Full case history
All 26 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Technoart Constructions Private Limited
Technoart Constructions Private Limited has a workforce of 130 employees as of Apr 07, 2024.
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.
CIN History of Technoart Constructions Private Limited
Technoart Constructions has one previous CIN (Corporate Identification Number): U70102KA1970PLC001950. The current CIN is U85110KA1970PTC001950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1970PTC001950 | Current |
| U70102KA1970PLC001950 | Previous |
Recent Activity on Technoart Constructions Private Limited
Technoart Constructions Private Limited has 6 board changes on record since 1978: 3 appointments and 3 cessations. The latest: Mysore Nagraj Karthik ceased to be Whole-Time Director on 25 Nov 2022.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Technoart Constructions 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 Technoart Constructions 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 Technoart Constructions 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 Technoart Constructions Private Limited
Technoart Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT5910B1ZO | Karnataka | Active | 01 Jul 2017 |
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 Technoart Constructions 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 Technoart Constructions Private Limited
Technoart Constructions is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 03 October 1970 (56+ years old) and is registered under CIN U85110KA1970PTC001950.
Technoart Constructions reported revenue of ₹12.71 Cr for FY 2023 (up 3% YoY).
Technoart Constructions has 3 current directors:
- Mysore Nagraj Karthik - Managing Director
- Mysore Ramaswamy Subbakrishna Nagaraja Rao - Director
- Rathna Nagaraj - Director
Technoart Constructions reported a net profit of ₹15.2 Lakh (net margin 1.2%) and EBITDA of ₹1.68 Cr (EBITDA margin 13.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Technoart Constructions is -3% over three years and -14% over five years. In the latest year (FY 2023) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Technoart Constructions is 29AAACT5910B1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Technoart Constructions is U85110KA1970PTC001950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technoart Constructions has 26 court cases on record: 14 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.
Technoart Constructions was incorporated on 03 October 1970, making it 56+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Technoart Constructions by revenue are Aks Highway Projects Private Limited, Techno Drilling Project Private Limited, Translands Infrastructure Developers Private Limited, Venkatappa Ananda Services Private Limited, Otech Energy Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Mysore Nagraj Karthik ceased to be Whole-Time Director on 25 Nov 2022. Mysore Ramaswamy Subbakrishna Nagaraja Rao ceased to be Managing Director on 25 Nov 2022. Nagarajarao Yedatore Srikantiah ceased to be Director on 15 Nov 2009. Technoart Constructions has 6 board changes on record in total.