MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0083198
Techvistar IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.35 Cr
▲ 13% YoY
Net profit · FY 2024
₹63.05 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹1.03 Cr
EBITDA margin 3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹31.5 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
24
Provident fund records
About Techvistar IT Solutions Private Limited
Data last updated:
Techvistar IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC121568. Its GSTIN is 29AAHCT1812H1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raja Kumar Avadanam and Murali Kuzhikkat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 32/1 12th Cross Wilson Garden, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.35 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹63.05 Lakh (net margin 1.8%) and EBITDA of ₹1.03 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tech Vistar IT Solutions. As per MCA filings, the company has open charges of ₹31.5 Lakh on record.
Techvistar IT Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0083198). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techvistaritsol.com.
Company details
CIN U72900KA2019PTC121568
Registration Number 121568
Incorporation Date 19 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0083198
Recognitions & Rankings of Techvistar IT Solutions
Contact details
Techvistar IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is techvistaritsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address32/1 12th Cross Wilson Garden, Bangalore, Karnataka, India – 560017
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Techvistar IT Solutions Private Limited, buy the company report.
Comprehensive company report
Techvistar IT Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Techvistar IT Solutions operates one associated brand: Tech Vistar IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT products, services, and system integration for various sectors. | techvistaritsol.com |
Business activity
The main business activity of Techvistar IT Solutions 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 Techvistar IT Solutions Private Limited, buy the company report.
Financials of Techvistar IT Solutions Private Limited
FY 2024 filings availableTechvistar IT Solutions Private Limited reported revenue of ₹34.35 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹34.35 Cr ▲ 13%
Net profit · FY 2024
₹63.05 Lakh margin 1.8%
EBITDA · FY 2024
₹1.03 Cr margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 93%
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 13% growth in the latest year. EBITDA fell 6% 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 | ₹1.03 Cr | ||||
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| Net Profit (PAT) | ₹63.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Techvistar IT Solutions Private Limited, buy the company report.
Board of directors of Techvistar IT Solutions Private Limited
Techvistar IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raja Kumar Avadanam Also directs: Turnon Digital Electronics Private Limited, R Secure Infrasolutions Private Limited, Opexit Systems Private Limited and 1 more | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
| Murali Kuzhikkat | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Techvistar IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Ama Herbal Laboratories Private Limited | ₹34.39 Cr (FY 2025) | 5.0% | Lucknow, Uttar Pradesh, India | |||
| Shah Deepchand Dharamchand Furnishings Private Limited | ₹34.39 Cr (FY 2024) | 3.0% | Pune, Maharashtra, India | |||
| Manuvel Malabar Jewellers Private Limited | ₹34.38 Cr (FY 2025) | 3654.0% | New Delhi, Delhi, India | |||
| Dominus Infra Tech Private Limited | ₹34.37 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Umrao Singh Mahavir Parshad Jain Jewellers Private Limited | ₹34.37 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Techvistar IT Solutions Private Limitedthis company | ₹34.35 Cr (FY 2024) | ₹63.05 Lakh | 1.8% | 13.0% | 24 | Bangalore, Karnataka, India |
| Adinarayan Associates Private Limited | ₹34.35 Cr (FY 2024) | 201.0% | Cuttack, Odisha, India | |||
| Shree Kamdhenu Machinery Private Limited | ₹34.35 Cr (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Thieme Medical and Scientific Publishers Private Limited | ₹34.35 Cr (FY 2025) | 9.0% | Noida, Uttar Pradesh, India | |||
| Opera Natural Resources Private Limited | ₹34.34 Cr (FY 2021) | 7.0% | Surat, Gujarat, India | |||
| Artifact Metals & Alloys Limited | ₹34.34 Cr (FY 2019) | -39.0% | New Delhi, Delhi, India |
To see the full peer comparison of Techvistar IT Solutions Private Limited, buy the company report.
Auditor
Techvistar IT Solutions Private Limited is audited by S K N J & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K N J & CO. | FY 2023 | 214703 |
Shareholding
The shareholding of Techvistar IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Techvistar IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹31.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2024 | 101026937 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 11 Oct 2022 | 100658524 | Hdfc Bank Limited | ₹16.5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Techvistar 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 Techvistar IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techvistar IT Solutions Private Limited has a workforce of 24 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
41.18%
GST
Techvistar IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT1812H1ZC | Karnataka | Active | 15 Mar 2019 |
To see the full GST registrations and return filing status of Techvistar IT Solutions Private Limited, buy the company report.
Recent activity
Techvistar IT Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Murali Kuzhikkat was appointed as Director on 19 Feb 2019.
AGM
Techvistar It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 101026937 was registered on 28 Aug 2024.
Filing
Techvistar It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.50 Lakh with Charge ID 100658524 was registered on 11 Oct 2022.
Appointed
Murali Kuzhikkat was appointed as Director.
Appointed
Raja Kumar Avadanam was appointed as Director.
Incorporation
19 Feb 2019
Techvistar It Solutions Private Limited was registered on 19 Feb 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.
Frequently asked questions
Techvistar IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 February 2019 (7+ years old) and is registered under CIN U72900KA2019PTC121568.
Techvistar IT Solutions has 2 current directors:
- Raja Kumar Avadanam - Director
- Murali Kuzhikkat - Director
The latest financial statements of Techvistar IT Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Techvistar IT Solutions is 29AAHCT1812H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Techvistar IT Solutions is U72900KA2019PTC121568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techvistar IT Solutions was incorporated on 19 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Techvistar IT Solutions by revenue are Ama Herbal Laboratories Private Limited, Shah Deepchand Dharamchand Furnishings Private Limited, Manuvel Malabar Jewellers Private Limited, Dominus Infra Tech Private Limited, Umrao Singh Mahavir Parshad Jain Jewellers Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Murali Kuzhikkat was appointed as Director on 19 Feb 2019. Raja Kumar Avadanam was appointed as Director on 19 Feb 2019.
Yes, Techvistar IT Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0083198).
Techvistar IT Solutions can be reached through the website techvistaritsol.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Techvistar IT Solutions is at 321 12th Cross Wilson Garden, Bangalore, Karnataka, India – 560017.