About Tecverge Technology Solutions Private Limited
Data last updated:
Tecverge Technology Solutions Private Limited is a private limited company based in Bangalore East Taluk, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 23 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC070261. Its GSTIN is 29AAECT7226N1ZQ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.28 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors Shaju Stephen and Nikhit Shaju.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at M – 1 Survey No.64 & 65 Rhb Colony Mahadevapura Post K R Puram Hobli, Bangalore East Taluk, Karnataka, India – 560103.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.04 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹26.47 Lakh (net margin -139%) and EBITDA of -₹25.99 Lakh (EBITDA margin -136.5%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 3% over five 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 tecverge.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressM – 1 Survey No.64 & 65 Rhb Colony Mahadevapura Post K R Puram Hobli, Bangalore East Taluk, Karnataka, India – 560103
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- 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 Tecverge Technology Solutions Private Limited
The main business activity of Tecverge Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Auditor Details of Tecverge Technology Solutions Private Limited
Tecverge Technology Solutions Private Limited is audited by ASHIL AND ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHIL AND 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 Tecverge Technology Solutions Private Limited
Tecverge Technology Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaju Stephen Also directs: Aadyah Aerospace Private Limited | Additional Director | 16 May 2023 | 3 Years 4 Months | Current |
| Nikhit Shaju | Additional Director | 16 Apr 2024 | 2 Years 5 Months | Current |
Financials of Tecverge Technology Solutions Private Limited FY 2022 filings available
Tecverge Technology Solutions Private Limited reported revenue of ₹19.04 Lakh (down 57% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Tecverge Technology Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 57% fall in the latest year. EBITDA fell 788% 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 Tecverge Technology Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | -₹25.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.47 Lakh | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Tecverge Technology Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -136.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -139% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Tecverge Technology Solutions are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Tecverge Technology Solutions 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 Tecverge Technology Solutions Private Limited
Tecverge Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tecverge Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Tecverge Technology Solutions.
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.
GST Compliance of Tecverge Technology Solutions Private Limited
Tecverge Technology Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT7226N1ZQ | Karnataka | Active | 01 Jul 2017 |
| 32AAECT7226N1Z3 | Kerala | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Tecverge Technology Solutions 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 Tecverge Technology Solutions 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 Tecverge Technology Solutions 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.
MCA Filings & Documents of Tecverge Technology Solutions 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.
Recent Activity on Tecverge Technology Solutions Private Limited
Frequently Asked Questions about Tecverge Technology Solutions Private Limited
Tecverge Technology Solutions is an active private limited company based in Bangalore East Taluk, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 23 July 2013 (13+ years old) and is registered under CIN U72200KA2013PTC070261.
Tecverge Technology Solutions reported revenue of ₹19.04 Lakh for FY 2022 (down 57% YoY).
Tecverge Technology Solutions has 2 current directors:
- Shaju Stephen - Additional Director
- Nikhit Shaju - Additional Director
Tecverge Technology Solutions reported a net loss of ₹26.47 Lakh (net margin -139%) and EBITDA of -₹25.99 Lakh (EBITDA margin -136.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tecverge Technology Solutions is -81% over three years and -3% over five years. In the latest year (FY 2022) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tecverge Technology Solutions is 29AAECT7226N1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAECT7226N1Z3 (Kerala).
The CIN (Corporate Identification Number) of Tecverge Technology Solutions is U72200KA2013PTC070261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tecverge Technology Solutions was incorporated on 23 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Tecverge Technology Solutions can be reached through the website tecverge.com. Its registered office is in Bangalore East Taluk, Karnataka, India.