Techsofin Private Limited
About Techsofin Private Limited
Data last updated:
Techsofin Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2020PTC033439. Its GSTIN is 21AAHCT9510G1ZJ (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹92.71 Lakh. It is led by directors including Ankur B Patel (Managing Director) and Santwana Sagnika (Managing Director).
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.21 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.33 Cr (net margin -41.4%) and EBITDA of ₹21.39 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years.
The company is associated with 1 brand: driEV. As per MCA filings, the company has open charges of ₹3.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressPlot No – 34 Mouza Sijua North Side Village Sijua Khata No – 1981/292, Kalinganagar Po – Sarakantara, Bhubaneswar, Odisha, India – 751019
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Techsofin Private Limited
The main business activity of Techsofin is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Techsofin Private Limited FY 2025 filings available
Techsofin Private Limited reported revenue of ₹3.21 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Techsofin Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 108% over three years, including 19% growth in the latest year. EBITDA fell 71% 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 of Techsofin Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹21.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.33 Cr | •••• | •••• | •••• | •••• |
| 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 of Techsofin Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -41.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Techsofin are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Techsofin Private Limited
Techsofin Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anita Tradelinks Pvt Ltd | ₹3.32 Cr (FY 2025) | •••• | •••• | 375.0% | •••• | Sreebhumi, West Bengal, India |
| Jaydeep Tours and Travels Private Limited | ₹3.3 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Swiss Park Hotels Private Limited | ₹3.29 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Anc Business Solutions Private Limited | ₹3.22 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Thane, Maharashtra, India |
| Watts & Volts Mobility Private Limited | ₹3.22 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Hyderabad, Telangana, India |
| Techsofin Private Limited this company | ₹3.21 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bhubaneswar, Odisha, India |
| Samridhi Car Rental Private Limited | ₹3.19 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Viiking Aviation Private Limited | ₹3.19 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Pune, Maharashtra, India |
| Indeanta E-Mobility Private Limited | ₹3.14 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Mangalore, Karnataka, India |
| Fleetio Services Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Dhanori, Maharashtra, India |
| Vikas Translines Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 243.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Techsofin by revenue in the Transport and Logistics industry (Call Taxi and Radio Cab Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Techsofin Private Limited
Techsofin Private Limited is audited by CHOPRA SHAH & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHOPRA SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Techsofin Private Limited
Techsofin has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirban Mohanty | Director | 24 Jun 2022 | 4 Years 3 Months | Current |
| Ankur B Patel Also directs: True Solar Private Limited | Managing Director | 15 Jul 2020 | 6 Years 2 Months | Current |
| Santwana Sagnika | Managing Director | 15 Jul 2020 | 6 Years 2 Months | Current |
| Ashok Kumar Padhy Also directs: Ace Facade Private Limited, Auroshree Hospitality Private Limited, Auroshree Constructions Private Limited and 1 more | Additional Director | 01 Nov 2023 | 2 Years 11 Months | Current |
Ownership and Shareholding of Techsofin Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Techsofin Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2024 | Others | ₹55.24 Lakh | Open |
| 22 Aug 2024 | Sidbi | ₹1 Cr | Open |
| 19 Mar 2024 | Others | ₹39.95 Lakh | Open |
| 22 May 2023 | Sidbi | ₹1.8 Cr | Open |
Total charge records: 4 View all charges
Associated Brands with Techsofin Private Limited
Techsofin operates one associated brand: driEV. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for electric scooter rentals. | driev.bike |
Employees and EPFO Compliance at Techsofin Private Limited
Techsofin Private Limited has a workforce of 0 employees as of Feb 13, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Techsofin Private Limited
Techsofin Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Priyadarshini Pradhan ceased to be Managing Director on 01 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Techsofin Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Techsofin Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Techsofin Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Techsofin Private Limited
Techsofin has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCT9510G1ZJ | Odisha | Active | 23 Jul 2020 |
| 29AAHCT9510G1Z3 | Karnataka | Active | 03 Oct 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Techsofin Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Techsofin Private Limited
Techsofin is an active private limited company based in Bhubaneswar, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 July 2020 (6+ years old) and is registered under CIN U72900OR2020PTC033439.
Techsofin reported revenue of ₹3.21 Cr for FY 2025 (up 19% YoY).
Techsofin has 4 current directors:
- Ankur B Patel - Managing Director
- Santwana Sagnika - Managing Director
- Anirban Mohanty - Director
- Ashok Kumar Padhy - Additional Director
Techsofin reported a net loss of ₹1.33 Cr (net margin -41.4%) and EBITDA of ₹21.39 Lakh (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Techsofin is 108% over three years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Techsofin is 21AAHCT9510G1ZJ, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCT9510G1Z3 (Karnataka).
The CIN (Corporate Identification Number) of Techsofin is U72900OR2020PTC033439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techsofin was incorporated on 15 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Techsofin by revenue are Anita Tradelinks Pvt Ltd, Jaydeep Tours and Travels Private Limited, Swiss Park Hotels Private Limited, Anc Business Solutions Private Limited, Watts & Volts Mobility Private Limited and 5 more, all in the Transport and Logistics industry (Call Taxi and Radio Cab Services).
Priyadarshini Pradhan ceased to be Managing Director on 01 Apr 2025. Ashok Kumar Padhy was appointed as Additional Director on 01 Nov 2023. Anirban Mohanty was appointed as Director on 24 Jun 2022. Techsofin has 5 board changes on record in total.
Yes, Techsofin is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).