
Techserve Innovations Private Limited
About Techserve Innovations Private Limited
Data last updated:
Techserve Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2019PTC182674.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Ajinkya Raosaheb Thete and Nikhil Satish Deshpande.
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 Amrutganga 01 603 Sinhgad Road Vadgaon Bk Manikbaug, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.88 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹3.18 Lakh (net margin -46.2%) and EBITDA of ₹3.62 Lakh (EBITDA margin 52.6%).
Company details
Contact details
Techserve Innovations Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAmrutganga 01 603 Sinhgad Road Vadgaon Bk Manikbaug, Pune, Maharashtra, India – 411041
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Techserve Innovations 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
Financials of Techserve Innovations Private Limited
FY 2025 filings availableTechserve Innovations Private Limited reported revenue of ₹6.88 Lakh (down 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹6.88 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.18 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 52.6% | |||
| Net Profit Margin | -46.2% | |||
| 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 Techserve Innovations Private Limited, buy the company report.
Board of directors of Techserve Innovations Private Limited
Techserve Innovations has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajinkya Raosaheb Thete | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
| Nikhil Satish Deshpande | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
| Pranav Shankarrao Kale | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Techserve Innovations Private Limited is audited by KETAN H SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KETAN H SHAH & ASSOCIATES | FY 2020 | 137854W |
Shareholding
The shareholding of Techserve Innovations Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Techserve Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techserve Innovations 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 Techserve Innovations 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 Techserve Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Techserve Innovations Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ajinkya Raosaheb Thete was appointed as Director on 07 Mar 2019.
Frequently asked questions
Techserve Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 March 2019 (7+ years old) and is registered under CIN U74999PN2019PTC182674.
Techserve Innovations has 3 current directors:
- Ajinkya Raosaheb Thete - Director
- Nikhil Satish Deshpande - Director
- Pranav Shankarrao Kale - Director
The latest financial statements of Techserve Innovations 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Techserve Innovations is U74999PN2019PTC182674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techserve Innovations was incorporated on 07 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Ajinkya Raosaheb Thete was appointed as Director on 07 Mar 2019. Nikhil Satish Deshpande was appointed as Director on 07 Mar 2019. Pranav Shankarrao Kale was appointed as Director on 07 Mar 2019.
The registered office of Techserve Innovations is at Amrutganga 01 603 Sinhgad Road Vadgaon Bk Manikbaug, Pune, Maharashtra, India – 411041.
Techserve Innovations operates in the information technology industry, in the application development and software solutions segment.
Techserve Innovations can be reached at its registered office: Amrutganga 01 603 Sinhgad Road Vadgaon Bk Manikbaug, Pune, Maharashtra, India – 411041.
Techserve Innovations is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.