Technova Ventures Private Limited

Technova Ventures Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24110MH1952PTC008855 Incorporated 25 June 1952 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹3.89 Cr
▲ 47% YoY
Net profit · FY 2024
₹17.33 Lakh
Net margin 4.5%
EBITDA · FY 2024
₹65.01 Lakh
EBITDA margin 16.7%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹42.18 Lakh
Issued & subscribed
Satisfied charges
₹11.41 Cr
No open charges
Company age
74 yrs
Est. 1952
Directors on board
3
As per MCA filings

About Technova Ventures Private Limited

Data last updated:

Technova Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 June 1952 and has been in existence for over 74 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1952PTC008855. Its GSTIN is 27AABCT2187K1Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹42.18 Lakh. It was formerly known as Technova Graphics Private Limited. It is led by directors including Pranav Natverlal Parikh and Shelina Pranav Parikh.

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 Laxmi Mills Estateoff Dr Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.89 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹17.33 Lakh (net margin 4.5%) and EBITDA of ₹65.01 Lakh (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 350% over three years and 91% over five years.

As per MCA filings, the company has satisfied charges of ₹11.41 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are 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 technovaindia.com.

Company details

CIN U24110MH1952PTC008855
Registration Number 008855
Incorporation Date 25 June 1952
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Technova Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is technovaindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Laxmi Mills Estateoff Dr Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Technova Ventures Private Limited, buy the company report.

Comprehensive company report
Technova Ventures 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 Technova Ventures are professional, scientific and technical activities and administrative and support service activities. In detail, this covers other professional, scientific and technical activities and office administrative, office support and other business support activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities
NAdministrative and support service activities82Office administrative, office support and other business support activities

To see the full business activity and turnover split of Technova Ventures Private Limited, buy the company report.

Financials of Technova Ventures Private Limited

FY 2025 filings available

Technova Ventures Private Limited reported revenue of ₹3.89 Cr (up 47% YoY) for FY 2024.

Revenue · FY 2024
₹3.89 Cr ▲ 47%
Net profit · FY 2024
₹17.33 Lakh margin 4.5%
EBITDA · FY 2024
₹65.01 Lakh margin 16.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 350%
5 years · compounded
▲ 91%
EBITDA CAGR growth
1 year
▲ 563%
3 years · compounded
▲ 60%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 91% over five years, including 47% growth in the latest year. EBITDA rose 563% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹65.01 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.33 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.7%
Net Profit Margin4.5%
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 Technova Ventures Private Limited, buy the company report.

Board of directors of Technova Ventures Private Limited

Technova Ventures has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Auditor

Technova Ventures Private Limited is audited by Khandwala & Shah for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Khandwala & ShahFY 2022105069W

Shareholding

The shareholding of Technova Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Technova Ventures Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹11.41 Cr
Breakdown by lending institutions
Idbi Bank Limited₹8.83 Cr
The State Industrial & Investment Corpn. of Maharashtra Ltd.₹1.54 Cr
The Saraswat Co-Operative Bank Limited₹0.60 Cr
The Staste Industrial & Investment Corpn. of Maharashtra Ltd₹0.34 Cr
The United Western Bank Ltd.₹0.07 Cr
Others₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Sep 200390164393The Saraswat Co-Operative Bank Limited₹60 LakhSatisfied
30 Nov 199990163950Idbi Bank Limited₹4.06 CrSatisfied
30 Nov 199990166643Idbi Bank Limited₹4.06 CrSatisfied
02 May 199490165058The State Industrial & Investment Corpn. of Maharashtra Ltd.₹97 LakhSatisfied
28 Dec 198890162217Idbi Bank Limited₹2.75 LakhSatisfied

To see the full charge records of Technova Ventures Private Limited, buy the company report.

Total charge records: 21 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Technova Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Technova Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCT2187K1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Technova Ventures Private Limited, buy the company report.

Recent activity

Technova Ventures Private Limited has 9 board changes on record since 1986: 3 appointments and 6 cessations. The latest: Jagdish Natverlal Parikh ceased to be Director on 03 Dec 2021.

AGM
Technova Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Technova Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Jagdish Natverlal Parikh ceased to be Director.
Ceased
Ramakrishnan Gayathri ceased to be Additional Director.
Appointed
Ramakrishnan Gayathri was appointed as Director.
Ceased
Melville Carl Noronha ceased to be Director.
Ceased
Jivan Gulabrai Bhatt ceased to be Director.
Charges
A charge registered on 28 Dec 1988 via Charge ID 90162217 with Idbi Bank Limited was fully satisfied on 12 Sep 2014.
Charges
A charge registered on 15 Nov 1988 via Charge ID 90162209 with Idbi Bank Limited was fully satisfied on 12 Sep 2014.
Charges
A charge registered on 21 Apr 1988 via Charge ID 90162154 with Idbi Bank Limited was fully satisfied on 12 Sep 2014.
Charges
A charge registered on 05 Feb 1988 via Charge ID 90162132 with Idbi Bank Limited was fully satisfied on 12 Sep 2014.
Charges
A charge registered on 09 Nov 1987 via Charge ID 90162109 with Idbi Bank Limited was fully satisfied on 12 Sep 2014.

54 earlier events are in the company report.

Frequently asked questions

Technova Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 June 1952 (74+ years old) and is registered under CIN U24110MH1952PTC008855.

Technova Ventures has 3 current directors:

The latest financial statements of Technova Ventures 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 Technova Ventures is 27AABCT2187K1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Technova Ventures is U24110MH1952PTC008855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Technova Ventures has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the high courts.

Technova Ventures was incorporated on 25 June 1952, making it 74+ years old. It is registered with the Registrar of Companies, Mumbai.

Jagdish Natverlal Parikh ceased to be Director on 03 Dec 2021. Ramakrishnan Gayathri ceased to be Additional Director on 30 Nov 2021. Ramakrishnan Gayathri was appointed as Director on 09 Mar 2021. Technova Ventures has 9 board changes on record in total.

Technova Ventures can be reached through the website technovaindia.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Technova Ventures is at Laxmi Mills Estateoff Dr Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.