MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0034653
Technology Exchange Services Private Limited - education in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹35.55 Cr
▲ 81% YoY
Net profit · FY 2023
₹1.12 Cr
Net margin 3.1%
EBITDA · FY 2023
₹1.86 Cr
EBITDA margin 5.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹37.22 Lakh
Issued & subscribed
Open charges
₹4.51 Cr
Satisfied ₹34.2 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
41
Provident fund records
About Technology Exchange Services Private Limited
Data last updated:
Technology Exchange Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the education equipment and infrastructure providers segment of the education sector. It was incorporated on 29 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2009PTC056766. Its GSTIN is 24AADCT1751F1ZO (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹37.22 Lakh. It is led by directors Sharma Dharmendra Keshvanand (Managing Director) and Karan Dharmendra Sharma.
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 Plot No. 5120 Phase – IV G.I.D.C Nr. Ramol Cross Road Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.55 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 3.1%) and EBITDA of ₹1.86 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.51 Cr and satisfied charges of ₹34.2 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending.
Technology Exchange Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034653). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technologyexchange.co.in.
Company details
CIN U93000GJ2009PTC056766
Registration Number 056766
Incorporation Date 29 April 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0034653
Recognitions & Rankings of Technology Exchange Services
Contact details
Technology Exchange Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is technologyexchange.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 5120 Phase – IV G.I.D.C Nr. Ramol Cross Road Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryEducation, Education Equipment & Infrastructure Providers
To see the full contact details of Technology Exchange Services Private Limited, buy the company report.
Comprehensive company report
Technology Exchange Services 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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Financials of Technology Exchange Services Private Limited
FY 2025 filings availableTechnology Exchange Services Private Limited reported revenue of ₹35.55 Cr (up 81% YoY) for FY 2023.
Revenue · FY 2023
₹35.55 Cr ▲ 81%
Net profit · FY 2023
₹1.12 Cr margin 3.1%
EBITDA · FY 2023
₹1.86 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 3%
5 years · compounded
▼ 12%
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 81% growth in the latest year. EBITDA fell 17% 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 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 | ₹35.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.12 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 Technology Exchange Services Private Limited, buy the company report.
Board of directors of Technology Exchange Services Private Limited
Technology Exchange Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Dharmendra Sharma Also directs: Pushpkeshav Technoservices LLP, Sunrise Autocraft Private Limited, Sun Instruments Pvt Ltd and 2 more | Director | 02 May 2018 | 8 Years 5 Months | Current |
| Sharma Dharmendra Keshvanand Also directs: Pushpkeshav Technoservices LLP, Sunrise Autocraft Private Limited, Sun Instruments Pvt Ltd and 2 more | Managing Director | 02 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Technology Exchange Services Private Limited is audited by Pankaj R. Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj R. Shah & Associates | FY 2023 | 107361W |
Shareholding
The shareholding of Technology Exchange Services 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 Technology Exchange Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.51 Cr
Satisfied charges
₹34.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2026 | 101218025 | Hdfc Bank Limited | ₹4.51 Cr | Open | |
| 11 Dec 2015 | 10607264 | Kotak Mahindra Bank Limited | ₹12.5 Cr | Satisfied | |
| 07 Nov 2015 | 10603767 | Kotak Mahindra Bank Limited | ₹12.5 Cr | Satisfied | |
| 19 Dec 2012 | 10394267 | Hdfc Bank Limited | ₹3.25 Cr | Satisfied | |
| 20 Mar 2012 | 10348777 | Punjab National Bank | ₹1.95 Cr | Satisfied |
To see the full charge records of Technology Exchange Services Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Technology Exchange Services Private Limited has 9 court cases on record: 2 filed by Technology Exchange Services, 7 filed against it. 2 cases are pending and 7 are disposed.
Total cases
9
Filed by the company
2
Filed against the company
7
Pending
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed against the company by M/S Perfect Stamping Pvt. Ltd. Gujraat Thru. General Manager, Pillai Shrinath | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Eie Instruments Pvt Ltd Thorugh Director Deepak Parikh | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR-EN) | Filed against the company by The State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Technology Exchange Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Technology Exchange Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Technology Exchange Services Private Limited has a workforce of 41 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
41
Active EPFO establishments
1
Employee growth
32.26%
GST
Technology Exchange Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT1751F1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technology Exchange Services Private Limited, buy the company report.
Recent activity
Technology Exchange Services Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Kamleshkumar Gangarambhai Prajapati ceased to be Whole-Time Director on 31 May 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.51 Cr with Charge ID 101218025 was registered on 03 Jan 2026.
AGM
Technology Exchange Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Technology Exchange Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 11 Dec 2015 via Charge ID 10607264 with Kotak Mahindra Bank Limited was fully satisfied on 14 Sep 2020.
Charges
A charge registered on 07 Nov 2015 via Charge ID 10603767 with Kotak Mahindra Bank Limited was fully satisfied on 14 Sep 2020.
Ceased
Kamleshkumar Gangarambhai Prajapati ceased to be Whole-Time Director.
Ceased
Sharma Dharmendra Keshvanand ceased to be Additional Director.
Appointed
Sharma Dharmendra Keshvanand was appointed as Managing Director.
Ceased
Karan Dharmendra Sharma ceased to be Additional Director.
Appointed
Karan Dharmendra Sharma was appointed as Director.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 12.50 Cr with Charge ID 10607264 was registered on 11 Dec 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 12.50 Cr with Charge ID 10603767 was registered on 07 Nov 2015.
14 earlier events are in the company report.
Frequently asked questions
Technology Exchange Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in education equipment and infrastructure providers, within the education industry. It was incorporated on 29 April 2009 (17+ years old) and is registered under CIN U93000GJ2009PTC056766.
Technology Exchange Services has 2 current directors:
- Sharma Dharmendra Keshvanand - Managing Director
- Karan Dharmendra Sharma - Director
The latest financial statements of Technology Exchange Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Technology Exchange Services is 24AADCT1751F1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Technology Exchange Services is U93000GJ2009PTC056766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technology Exchange Services has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Technology Exchange Services was incorporated on 29 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kamleshkumar Gangarambhai Prajapati ceased to be Whole-Time Director on 31 May 2020. Sharma Dharmendra Keshvanand ceased to be Additional Director on 01 Apr 2020. Sharma Dharmendra Keshvanand was appointed as Managing Director on 02 Mar 2020. Technology Exchange Services has 7 board changes on record in total.
Yes, Technology Exchange Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0034653).
Technology Exchange Services can be reached through the website technologyexchange.co.in. Its registered office is in Ahmedabad, Gujarat, India.