
About Tekvity Private Limited
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Tekvity Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 22 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC097958. Its GSTIN is 29AAFCT9918E1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jayaram Achappa and Shankarrao Sudhir Kaggallu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #971/30 2 Ndfloor 15 Thacrossasectoryelahanka Newtown, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16,033 (net margin 13.7%) and EBITDA of ₹27,720 (EBITDA margin 23.8%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 37% over five years.
The company is associated with 1 brand: Tekvity.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tekvity.com.
Company details
Recognitions & Rankings of Tekvity
Contact details
Tekvity Private Limited's registered office is in Bangalore, Karnataka. Its website is tekvity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#971/30 2 Ndfloor 15 Thacrossasectoryelahanka Newtown, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Tekvity 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
Brands
Tekvity operates one associated brand: Tekvity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive website and mobile application development, along with digital marketing services. | tekvity.com |
Business activity
The main business activity of Tekvity is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tekvity Private Limited, buy the company report.
Financials of Tekvity Private Limited
FY 2023 filings availableTekvity Private Limited reported revenue of ₹1.17 Lakh (up 13137% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years. EBITDA rose 107% 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
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| EBITDA | ₹27,720 | ||||
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| Net Profit (PAT) | ₹16,033 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | 13.7% | ||||
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To see the full financial statements and ratios of Tekvity Private Limited, buy the company report.
Board of directors of Tekvity Private Limited
Tekvity has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayaram Achappa | Director | 22 Nov 2016 | 9 Years 11 Months | Current |
| Shankarrao Sudhir Kaggallu | Director | 22 Nov 2016 | 9 Years 11 Months | Current |
| Sudhindra Nanjundaiah | Director | 22 Nov 2016 | 9 Years 11 Months | Current |
| Veena Gopalakrishna | Director | 06 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Tekvity Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gyanway Global Solutions Private Limited | ₹1.17 Lakh (FY 2024) | -22.0% | Vidisha, Madhya Pradesh, India | |||
| Sarvarupa Tie-Up Private Limited | ₹1.17 Lakh (FY 2021) | 164.0% | Kolkata, West Bengal, India | |||
| Brofin Fintech Private Limited | ₹1.17 Lakh (FY 2023) | 31.0% | Delhi, India | |||
| Uptron Commotrade Private Limited | ₹1.17 Lakh (FY 2019) | 17.0% | Gorakhpur, Uttar Pradesh, India | |||
| Tekvity Private Limitedthis company | ₹1.17 Lakh (FY 2022) | ₹16,033 | 13.7% | 13137.0% | Bangalore, Karnataka, India | |
| Habitat Knowledge Building Private Limited | ₹1.17 Lakh (FY 2023) | 9.0% | Hyderabad, Telangana, India | |||
| Zealium Technologies Private Limited | ₹1.17 Lakh (FY 2025) | 291.0% | Pune, Maharashtra, India | |||
| Xeten System and Solutions Private Limited | ₹1.17 Lakh (FY 2019) | Thrissur, Kerala, India |
To see the full peer comparison of Tekvity Private Limited, buy the company report.
Auditor
Tekvity Private Limited is audited by VISHNUANDASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNUANDASSOCIATES | FY 2017 | 013613S |
Shareholding
The shareholding of Tekvity Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Tekvity Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tekvity 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 Tekvity Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tekvity has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT9918E1ZX | Karnataka | Active | 03 Aug 2017 |
To see the full GST registrations and return filing status of Tekvity Private Limited, buy the company report.
Recent activity
Tekvity Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Veena Gopalakrishna was appointed as Director on 06 Dec 2018.
Frequently asked questions
Tekvity is an active private limited company based in Bangalore, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 22 November 2016 (10+ years old) and is registered under CIN U72900KA2016PTC097958.
Tekvity has 4 current directors:
- Jayaram Achappa - Director
- Shankarrao Sudhir Kaggallu - Director
- Sudhindra Nanjundaiah - Director
- Veena Gopalakrishna - Director
The latest financial statements of Tekvity on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Tekvity is 29AAFCT9918E1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Tekvity is U72900KA2016PTC097958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tekvity was incorporated on 22 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Tekvity by revenue are Gyanway Global Solutions Private Limited, Sarvarupa Tie-Up Private Limited, Brofin Fintech Private Limited, Uptron Commotrade Private Limited, Habitat Knowledge Building Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Veena Gopalakrishna was appointed as Director on 06 Dec 2018. Chitlur Jagannath Narasimha Murthy ceased to be Director on 28 Sep 2018. Shreedhar Bhat ceased to be Director on 28 Sep 2018. Tekvity has 6 board changes on record in total.
Yes, Tekvity is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Tekvity can be reached through the website tekvity.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Tekvity is at #97130 2 Ndfloor 15 Thacrossasectoryelahanka Newtown, Bangalore, Karnataka, India – 560064.