About Technovo Distribution Private Limited
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Technovo Distribution Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 29 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC336858.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sudhir Suresh Joshi (Managing Director) and Avvari Venkata Shamili.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No 302 India Bulls Mint Commercial Premises, Manpada Thane (West), Maharashtra, India – 400610.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.45 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹41.83 Lakh (net margin 5.6%) and EBITDA of ₹69.5 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 184% over three years.
As per MCA filings, the company has open charges of ₹2.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technovo.net.in.
Company details
Contact details
Technovo Distribution Private Limited's registered office is in Thane, Maharashtra. Its website is technovo.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 302 India Bulls Mint Commercial Premises, Manpada Thane (West), Maharashtra, India – 400610
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Technovo Distribution 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 Technovo Distribution is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Technovo Distribution Private Limited, buy the company report.
Financials of Technovo Distribution Private Limited
FY 2025 filings availableTechnovo Distribution Private Limited reported revenue of ₹7.45 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 184%. EBITDA rose 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹69.5 Lakh | ||||
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| Net Profit (PAT) | ₹41.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Technovo Distribution Private Limited, buy the company report.
Board of directors of Technovo Distribution Private Limited
Technovo Distribution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avvari Venkata Shamili | Director | 29 Jan 2020 | 6 Years 8 Months | Current |
| Sudhir Suresh Joshi Also directs: KNX India Association | Managing Director | 29 Jan 2020 | 6 Years 8 Months | Current |
Peer comparison
Technovo Distribution Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Whopper Online Services Private Limited | ₹7.49 Cr (FY 2021) | -5.0% | Mumbai, Maharashtra, India | |||
| Panorama Computronics Pvt Ltd | ₹7.46 Cr (FY 2025) | 56.0% | Navsari, Gujarat, India | |||
| Technovo Distribution Private Limitedthis company | ₹7.45 Cr (FY 2024) | ₹41.83 Lakh | 5.6% | -9.0% | Thane, Maharashtra, India | |
| Super Tech Equipments Pvt Ltd | ₹7.42 Cr (FY 2024) | 34.0% | New Delhi, Delhi, India |
To see the full peer comparison of Technovo Distribution Private Limited, buy the company report.
Auditor
Technovo Distribution Private Limited is audited by TIKEKAR & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TIKEKAR & ASSOCIATES LLP | FY 2021 | W100141 |
Shareholding
The shareholding of Technovo Distribution Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Technovo Distribution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2025 | 101168026 | Others | ₹1.5 Cr | Open | |
| 14 Jun 2024 | 100951821 | Others | ₹75 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Technovo Distribution Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Technovo Distribution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Technovo Distribution Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Technovo Distribution Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ruchi Saurabh Thakar ceased to be Director on 24 Mar 2020.
Frequently asked questions
Technovo Distribution is an active private limited company based in Thane, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 29 January 2020 (6+ years old) and is registered under CIN U74999MH2020PTC336858.
Technovo Distribution has 2 current directors:
- Sudhir Suresh Joshi - Managing Director
- Avvari Venkata Shamili - Director
The latest financial statements of Technovo Distribution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Technovo Distribution is U74999MH2020PTC336858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technovo Distribution was incorporated on 29 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Technovo Distribution by revenue are Whopper Online Services Private Limited, Panorama Computronics Pvt Ltd, Super Tech Equipments Pvt Ltd, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Ruchi Saurabh Thakar ceased to be Director on 24 Mar 2020. Avvari Venkata Shamili was appointed as Director on 29 Jan 2020. Sudhir Suresh Joshi was appointed as Managing Director on 29 Jan 2020.
Technovo Distribution can be reached through the website technovo.net.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Technovo Distribution is at Office No 302 India Bulls Mint Commercial Premises, Manpada Thane West, Maharashtra, India – 400610.
Technovo Distribution operates in the information technology industry, in the IT products retail and distribution segment.
Technovo Distribution has open charges of ₹2.25 Cr and no satisfied charges on record as per latest MCA filings.