About Technorite Consultants Private Limited
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Technorite Consultants Private Limited is a private limited company based in Chandigarh, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 26 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH2008PTC031241. Its GSTIN is 04AACCT9823H1ZA (Chandigarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chetan Sahni and Vikas Sehgal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at SCO 110 – 111 Third Floor Sector 34 – A, Chandigarh, India – 160036.
As per the financials filed for FY 2021, the company reported a revenue of ₹20.56 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹70,392 (net margin -3.4%) and EBITDA of -₹60,004 (EBITDA margin -2.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 18% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technorite.com.
Company details
Contact details
Technorite Consultants Private Limited's registered office is in Chandigarh, Chandigarh. Its website is technorite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 110 – 111 Third Floor Sector 34 – A, Chandigarh, India – 160036
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Technorite Consultants 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
Business activity
The main business activity of Technorite Consultants is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Technorite Consultants Private Limited, buy the company report.
Financials of Technorite Consultants Private Limited
FY 2021 filings availableTechnorite Consultants Private Limited reported revenue of ₹20.56 Lakh (down 21% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 21% fall in the latest year. EBITDA rose 86% 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
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| EBITDA | -₹60,004 | ||||
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| Net Profit (PAT) | -₹70,392 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -3.4% | ||||
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To see the full financial statements and ratios of Technorite Consultants Private Limited, buy the company report.
Board of directors of Technorite Consultants Private Limited
Technorite Consultants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Sahni | Director | 26 May 2008 | 18 Years 4 Months | Current |
| Vikas Sehgal | Director | 28 Mar 2015 | 11 Years 6 Months | Current |
Peer comparison
Technorite Consultants Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rayala Tech Solutions Private Limited | ₹20.56 Lakh (FY 2018) | -61.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Hansin IT Services Private Limited | ₹20.56 Lakh (FY 2023) | 22.0% | Panipat, Haryana, India | |||
| Ap2v Solutions Private Limited | ₹20.56 Lakh (FY 2024) | -54.0% | Delhi, India | |||
| Curiez Labs Private Limited | ₹20.56 Lakh (FY 2024) | -80.0% | Thiruvananthapuram, Kerala, India | |||
| Technorite Consultants Private Limitedthis company | ₹20.56 Lakh (FY 2021) | -₹70,392 | -3.4% | -21.0% | 5 | Chandigarh, India |
| Stonegrid Technology Solutions Private Limited | ₹20.55 Lakh (FY 2018) | Bangalore, Karnataka, India | ||||
| Prozentech Solutions Private Limited | ₹20.55 Lakh (FY 2021) | 177029.0% | Hyderabad, Telangana, India | |||
| Lyfngo Technologies Private Limited | ₹20.54 Lakh (FY 2025) | 7.0% | Coimbatore, Tamil Nadu, India | |||
| Learnow-Idtcs Private Limited | ₹20.53 Lakh (FY 2025) | -63.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Technorite Consultants Private Limited, buy the company report.
Auditor
Technorite Consultants Private Limited is audited by PARAMVIRSINGH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARAMVIRSINGH | FY 2017 | 090368 |
Shareholding
The shareholding of Technorite Consultants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Technorite Consultants Private Limited, buy the company report.
Legal cases
Technorite Consultants Private Limited has 1 court case on record: 1 filed by Technorite Consultants. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Arbitration matter | Filed by the company against Punjab Information and Communication Technology Corporation Ltd | Pending |
To see the full case history of Technorite Consultants 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 Technorite Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Technorite Consultants Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Technorite Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AACCT9823H1ZA | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technorite Consultants Private Limited, buy the company report.
Recent activity
Technorite Consultants Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Manisha Madan ceased to be Additional Director on 25 Sep 2017.
Frequently asked questions
Technorite Consultants is an active private limited company based in Chandigarh, India. The company works in consultancy, within the information technology industry. It was incorporated on 26 May 2008 (18+ years old) and is registered under CIN U72200CH2008PTC031241.
Technorite Consultants has 2 current directors:
- Chetan Sahni - Director
- Vikas Sehgal - Director
The latest financial statements of Technorite Consultants on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Technorite Consultants is 04AACCT9823H1ZA, registered in Chandigarh.
The CIN (Corporate Identification Number) of Technorite Consultants is U72200CH2008PTC031241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technorite Consultants has 1 court case on record: 1 filed by the company. 1 is pending.
Technorite Consultants was incorporated on 26 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Technorite Consultants by revenue are Rayala Tech Solutions Private Limited, Hansin IT Services Private Limited, Ap2v Solutions Private Limited, Curiez Labs Private Limited, Stonegrid Technology Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Manisha Madan ceased to be Additional Director on 25 Sep 2017. Jasvinder Kaur ceased to be Additional Director on 28 Mar 2015. Vikas Sehgal was appointed as Director on 28 Mar 2015. Technorite Consultants has 5 board changes on record in total.
Technorite Consultants can be reached through the website technorite.com. Its registered office is in Chandigarh, India.
The registered office of Technorite Consultants is at SCO 110 – 111 Third Floor Sector 34 – A, Chandigarh, India – 160036.