About Tivera Tech Private Limited
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Tivera Tech Private Limited is a private limited company based in Kakinada, Andhra Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2012PTC080030. Its GSTIN is 37AAFCR7948J1ZP (Andhra Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Durga Venu Gopal Prasad Dakarapu and Venkata Siva Kumar Dakarapu.
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 D.No.70 – 179 – 14 Sasikanth Nagar Kakinada, Andhra Pradesh, India – 533033.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.51 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹51,015 (net margin 4.1%) and EBITDA of ₹1.27 Lakh (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 5% 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 rootcs.com.
Company details
Contact details
Tivera Tech Private Limited's registered office is in Kakinada, Andhra Pradesh. Its website is rootcs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD.No.70 – 179 – 14 Sasikanth Nagar Kakinada, Andhra Pradesh, India – 533033
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Tivera Tech 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
Financials of Tivera Tech Private Limited
FY 2022 filings availableTivera Tech Private Limited reported revenue of ₹12.51 Lakh (down 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 23% fall in the latest year. EBITDA fell 42% 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 | ₹12.51 Lakh | ||||
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| EBITDA | ₹1.27 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹51,015 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tivera Tech Private Limited, buy the company report.
Board of directors of Tivera Tech Private Limited
Tivera Tech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sree Rajesh Gandhi Kommireddy | Additional Director | 12 Mar 2024 | 2 Years 7 Months | Current |
| Durga Venu Gopal Prasad Dakarapu | Director | 30 Mar 2012 | 14 Years 6 Months | Current |
| Venkata Siva Kumar Dakarapu Also directs: Onetrade AI Private Limited | Director | 30 Mar 2012 | 14 Years 6 Months | Current |
| Srinarayana Satish Kommireddy Also directs: RDS Infra India Private Limited, Sri Somu Infra Private Limited, TVR Constructions Private Limited and 2 more | Director | 23 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Tivera Tech Private Limited is audited by A V RATNAM & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V RATNAM & CO | FY 2019 | 003028S |
Shareholding
The shareholding of Tivera Tech 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 Tivera Tech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tivera Tech 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 Tivera Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tivera Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCR7948J1ZP | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tivera Tech Private Limited, buy the company report.
Recent activity
Tivera Tech Private Limited has 4 board changes on record since 2012: 4 appointments. The latest: Sree Rajesh Gandhi Kommireddy was appointed as Additional Director on 12 Mar 2024.
Frequently asked questions
Tivera Tech is an active private limited company based in Kakinada, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 March 2012 (14+ years old) and is registered under CIN U72200AP2012PTC080030.
Tivera Tech has 4 current directors:
- Sree Rajesh Gandhi Kommireddy - Additional Director
- Durga Venu Gopal Prasad Dakarapu - Director
- Venkata Siva Kumar Dakarapu - Director
- Srinarayana Satish Kommireddy - Director
The latest financial statements of Tivera Tech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Tivera Tech is 37AAFCR7948J1ZP, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Tivera Tech is U72200AP2012PTC080030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tivera Tech was incorporated on 30 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sree Rajesh Gandhi Kommireddy was appointed as Additional Director on 12 Mar 2024. Srinarayana Satish Kommireddy was appointed as Director on 23 Dec 2023. Durga Venu Gopal Prasad Dakarapu was appointed as Director on 30 Mar 2012. Tivera Tech has 4 board changes on record in total.
Tivera Tech can be reached through the website rootcs.com. Its registered office is in Kakinada, Andhra Pradesh, India.
The registered office of Tivera Tech is at D.No.70 – 179 – 14 Sasikanth Nagar Kakinada, Andhra Pradesh, India – 533033.
Tivera Tech operates in the information technology industry, in the application development and software solutions segment.