About Techvantage IT Solutions Private Limited
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Techvantage IT Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72300MP2014PTC032281. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammad Faisal Qureshi and Sabir Mohd Qureshi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 107 Khizrabad Colony Khajrana, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.59 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹2.37 Lakh (net margin -35.9%) and EBITDA of -₹2.37 Lakh (EBITDA margin -35.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techvantageinc.com.
Company details
Contact details
Techvantage IT Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is techvantageinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address107 Khizrabad Colony Khajrana, Indore, Madhya Pradesh, India – 452016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techvantage IT 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
Business activity
The main business activity of Techvantage IT 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 Techvantage IT Solutions Private Limited, buy the company report.
Financials of Techvantage IT Solutions Private Limited
FY 2019 filings availableTechvantage IT Solutions Private Limited reported revenue of ₹6.59 Lakh (down 90% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 90% fall in the latest year. EBITDA fell 157% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.59 Lakh | ||||
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| EBITDA | -₹2.37 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.9% | ||||
| Net Profit Margin | -35.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Techvantage IT Solutions Private Limited, buy the company report.
Board of directors of Techvantage IT Solutions Private Limited
Techvantage IT Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Faisal Qureshi Also directs: Azoog Healthcare Private Limited | Director | 29 Jan 2014 | 12 Years 9 Months | Current |
| Sabir Mohd Qureshi Also directs: Azoog Healthcare Private Limited | Director | 29 Jan 2014 | 12 Years 9 Months | Current |
| Fozia Qureshi | Director | 23 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Techvantage IT 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 |
|---|---|---|---|---|---|---|
| Digindo Private Limited | ₹6.6 Lakh (FY 2025) | -2.0% | Paonta Sahib, Himachal Pradesh, India | |||
| Cinemax Digital Technology Private Limited | ₹6.6 Lakh (FY 2024) | 407.0% | Chennai, Tamil Nadu, India | |||
| Asmart E-Buz (India) Private Limited | ₹6.6 Lakh (FY 2020) | -35.0% | Warangal, Telangana, India | |||
| Start Up Wing Private Limited | ₹6.6 Lakh (FY 2024) | Faridabad, Haryana, India | ||||
| KLVS Buildcon Solutions Private Limited | ₹6.6 Lakh (FY 2025) | -53.0% | New Delhi, Delhi, India | |||
| Techvantage IT Solutions Private Limitedthis company | ₹6.59 Lakh (FY 2019) | -₹2.37 Lakh | -35.9% | -90.0% | Indore, Madhya Pradesh, India | |
| Mitgo IT Solutions Private Limited | ₹6.59 Lakh (FY 2020) | -47.0% | Mumbai, Maharashtra, India | |||
| Yiska Solutions (OPC) Private Limited | ₹6.59 Lakh (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Storm Organisers Private Limited | ₹6.59 Lakh (FY 2025) | 134.0% | Ahmedabad, Gujarat, India | |||
| Tambulya Online Marketplace Private Limited | ₹6.59 Lakh (FY 2017) | -76.0% | Chennai, Tamil Nadu, India | |||
| Isg Novasoft Technologies Limited | ₹6.59 Lakh (FY 2025) | -21.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Techvantage IT Solutions Private Limited, buy the company report.
Auditor
Techvantage IT Solutions Private Limited is audited by M S U & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S U & CO | FY 2019 | 126232W |
Shareholding
The shareholding of Techvantage IT Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Techvantage IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Techvantage IT 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 Techvantage IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techvantage IT Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Techvantage IT Solutions Private Limited, buy the company report.
Recent activity
Techvantage IT Solutions Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Fozia Qureshi was appointed as Director on 23 Jun 2016.
Frequently asked questions
Techvantage IT Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 January 2014 (12+ years old) and is registered under CIN U72300MP2014PTC032281.
Techvantage IT Solutions has 3 current directors:
- Mohammad Faisal Qureshi - Director
- Sabir Mohd Qureshi - Director
- Fozia Qureshi - Director
The latest financial statements of Techvantage IT Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Techvantage IT Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Techvantage IT Solutions is U72300MP2014PTC032281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techvantage IT Solutions was incorporated on 29 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Techvantage IT Solutions by revenue are Digindo Private Limited, Cinemax Digital Technology Private Limited, Asmart E-Buz (India) Private Limited, Start Up Wing Private Limited, KLVS Buildcon Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Fozia Qureshi was appointed as Director on 23 Jun 2016. Mohammad Faisal Qureshi was appointed as Director on 29 Jan 2014. Sabir Mohd Qureshi was appointed as Director on 29 Jan 2014.
Techvantage IT Solutions can be reached through the website techvantageinc.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Techvantage IT Solutions is at 107 Khizrabad Colony Khajrana, Indore, Madhya Pradesh, India – 452016.
Techvantage IT Solutions operates in the information technology industry, in the IT consulting and support services segment.
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