About Techovarya Solutions Private Limited
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Techovarya Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC093432. Its GSTIN is 24AAFCT8961K1ZT (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hemant Vishnubhai Jani and Jigneshkumar Kantilal Mistry.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.91 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹4.23 Lakh (net margin 6.5%) and EBITDA of ₹4.58 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 2% over five years.
The company is associated with 1 brand: Techovarya Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techovarya.com.
Company details
Contact details
Techovarya Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is techovarya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor 201/202 Shree Sidhhi Vinayak Complex Opp. Alkapuri Side Railway Station Alka, Puri, Vadodara, Gujarat, India – 390007
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Techovarya Solutions 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
Brands
Techovarya Solutions operates one associated brand: Techovarya Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software solutions including mobile apps, web development, and automation for enterprises. | techovarya.com |
Business activity
The main business activity of Techovarya Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Techovarya Solutions Private Limited, buy the company report.
Financials of Techovarya Solutions Private Limited
FY 2025 filings availableTechovarya Solutions Private Limited reported revenue of ₹64.91 Lakh (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 23% fall in the latest year. EBITDA rose 120% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.58 Lakh | ||||
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| Net Profit (PAT) | ₹4.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 6.5% | ||||
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To see the full financial statements and ratios of Techovarya Solutions Private Limited, buy the company report.
Board of directors of Techovarya Solutions Private Limited
Techovarya Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Vishnubhai Jani Also directs: High Performance Pickleball House Private Limited | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
| Jigneshkumar Kantilal Mistry | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
| Ritwik Mukhopadhyay Rana | Director | 01 Dec 2019 | 6 Years 11 Months | Current |
| Saurabh Pradip Abhyankar | Director | 22 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Techovarya Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blurb Software Private Limited | ₹65.11 Lakh (FY 2025) | 195.0% | Bishrakh, Uttar Pradesh, India | |||
| Acadru Private Limited | ₹65.07 Lakh (FY 2024) | 394.0% | Gurgaon, Haryana, India | |||
| Karmatech IT Services Private Limited | ₹65.05 Lakh (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Zsah India Private Limited | ₹65.05 Lakh (FY 2024) | -68.0% | Bangalore, Karnataka, India | |||
| Erocketmall Online Asia Limited | ₹64.95 Lakh (FY 2021) | -89.0% | Mumbai, Maharashtra, India | |||
| Techovarya Solutions Private Limitedthis company | ₹64.91 Lakh (FY 2025) | ₹4.23 Lakh | 6.5% | -23.0% | Vadodara, Gujarat, India | |
| Vardaan Cybersecurity Private Limited | ₹64.91 Lakh (FY 2024) | 160.0% | Hyderabad, Telangana, India | |||
| Udyavar Tech (OPC) Private Limited | ₹64.89 Lakh (FY 2025) | 3.0% | Mysore, Karnataka, India | |||
| Synergize Offshore and Marine Construction Limited | ₹64.88 Lakh (FY 2024) | -72.0% | Bastora, Goa, India | |||
| S A I S Information Technology Private Limited | ₹64.88 Lakh (FY 2024) | -22.0% | Chennai, Tamil Nadu, India | |||
| Mint Opps Private Limited | ₹64.87 Lakh (FY 2024) | -9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Techovarya Solutions Private Limited, buy the company report.
Auditor
Techovarya Solutions Private Limited is audited by AJESH AGRAWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJESH AGRAWAL & CO | FY 2022 | 147462W |
Shareholding
The shareholding of Techovarya Solutions 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 category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techovarya Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techovarya Solutions 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 Techovarya Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techovarya Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCT8961K1ZT | Gujarat | Active | 13 Nov 2017 |
To see the full GST registrations and return filing status of Techovarya Solutions Private Limited, buy the company report.
Recent activity
Techovarya Solutions Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Ritwik Mukhopadhyay Rana ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Techovarya Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 August 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC093432.
Techovarya Solutions has 4 current directors:
- Hemant Vishnubhai Jani - Director
- Jigneshkumar Kantilal Mistry - Director
- Ritwik Mukhopadhyay Rana - Director
- Saurabh Pradip Abhyankar - Director
The latest financial statements of Techovarya Solutions 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 FY 2017 are in the company report.
The GSTIN of Techovarya Solutions is 24AAFCT8961K1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Techovarya Solutions is U72900GJ2016PTC093432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techovarya Solutions was incorporated on 22 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Techovarya Solutions by revenue are Blurb Software Private Limited, Acadru Private Limited, Karmatech IT Services Private Limited, Zsah India Private Limited, Erocketmall Online Asia Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ritwik Mukhopadhyay Rana ceased to be Additional Director on 31 Dec 2020. Ritwik Mukhopadhyay Rana was appointed as Director on 01 Dec 2019. Pareshkumar Prafull Patel ceased to be Director on 08 May 2019. Techovarya Solutions has 6 board changes on record in total.
Techovarya Solutions can be reached through the website techovarya.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Techovarya Solutions is at 2nd Floor 201202 Shree Sidhhi Vinayak Complex Opp. Alkapuri Side Railway Station Alka, Puri, Vadodara, Gujarat, India – 390007.
Techovarya Solutions operates in the information technology industry, in the application development and software solutions segment.
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