Evolve Technologies & Services Private Limited

Founded in 1991 and headquartered in Maharashtra, India.

1991 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Evolve Technologies & Services Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.52 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 46.11 Cr
  • Revenue Growth -21.57%
  • Profit Growth -16.78%
  • Ebitda 400.98%
  • Net Worth 9.03%
  • Total Assets -20.51%

About Evolve Technologies & Services

Evolve Technologies & Services Private Limited (ETSPL) is Amalgamated company established on 25 Jul 1991 with its office registered at Mumbai, Maharashtra, India and has been running since 33 Year, 7 Months with a paid up capital of 3.52 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    evolve-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50404MH1991PTC310808

  • Company No.

    310808

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 1991

  • Date of AGM

    25 Aug 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Telecom

What products or services does Evolve Technologies & Services Private Limited offer?

Evolve Technologies & Services Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Management, Metal, Security & Safety Detectors, Security Metal Baggage & Vehicle Scanner, Diagnostic Medical Imaging Equipment, X Ray Machine Parts, HR & Manpower Recruitment Solutions, IT Recruitment Consultancy, Dental X Ray Machine, Portable Dental X Ray Machine.

Who are the key members and board of directors at Evolve Technologies & Services?

Board Members (3)

NameDesignationAppointment DateStatus
Alaka Chanda Country flag representing In Director 23-Mar-2021Current
Rituparna Chakraborty Country flag representing In Director 23-Mar-2021Current
Ramani Dathi Country flag representing In Director 21-Jan-2019Current

Financial Performance of Evolve Technologies & Services.

Evolve Technologies & Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.57% decrease. The company also saw a substantial fall in profitability, with a 16.78% decrease in profit. The company's net worth moved up by a moderate rise of 9.03%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.57%
Revenue from Operations
-18.81%
Total Assets
-20.51%
Profit or Loss
-16.78%
Net Worth
9.03%
EBITDA
400.98%

What is the Ownership and Shareholding Structure of Evolve Technologies & Services?

In 2020, Evolve Technologies & Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹46.11 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.50 Cr
  • Oriental Bank Of Commerce : 4.50 Cr
  • Dbs Bank Ltd : 1.00 Cr
  • State Bank Of India : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2016Dbs Bank Ltd₹1.00 CrSatisfied
28 Jan 2015Hdfc Bank Limited₹21.50 CrSatisfied
01 Nov 2014Hdfc Bank Limited₹19.00 CrSatisfied
29 Mar 2010Oriental Bank Of Commerce₹4.50 CrSatisfied
06 Jan 1995State Bank Of India₹1.07 MSatisfied

How Many Employees Work at Evolve Technologies & Services?

Evolve Technologies & Services has a workforce of 582 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Evolve Technologies & Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Evolve Technologies & Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Evolve Technologies & Services

Recent activity within the organization

  • Charges

    A charge registered on 01 Nov 2014 via Charge ID 10533069 with Hdfc Bank Limited was fully satisfied on 14 Dec 2021.

    14 Dec 2021

  • Annual General Meeting

    Evolve Technologies & Services Private Limited last Annual general meeting of members was held on 25 Aug 2021 as per latest MCA records.

    25 Aug 2021

  • Balance Sheet

    Evolve Technologies & Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Rituparna Chakraborty was appointed as a Director was appointed as a Director on 23 Mar 2021 & has been associated with this company since 3 years 11 months .

    23 Mar 2021

  • Director Appointment

    Alaka Chanda was appointed as a Director was appointed as a Director on 23 Mar 2021 & has been associated with this company since 3 years 11 months .

    23 Mar 2021

  • Director Appointment

    Ramani Dathi was appointed as a Director was appointed as a Director on 21 Jan 2019 & has been associated with this company since 6 years 1 month .

    21 Jan 2019

Frequently asked questions

  • Evolve Technologies & Services Private Limited was incorporated on 25 Jul 1991.

  • The authorized share capital of Evolve Technologies & Services Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.52 Cr.

  • Currently 3 directors are associated with Evolve Technologies & Services Private Limited.

    • Rituparna Chakraborty
    • Ramani Dathi
    • Alaka Chanda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evolve Technologies & Services Private Limited is Office No 6 3Rd Floor C Wing Laxmi Towers Bandra Kurla Complex, Bandra (E) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Evolve Technologies & Services Private Limited is U50404MH1991PTC310808 and the company number is 310808 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evolve Technologies & Services Private Limited is https://www.evolve-india.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Evolve Technologies & Services Private Limited has fallen by -21.57%.

  • As Per 2021 financial reports, 582 employees are currently employed by Evolve Technologies & Services Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Evolve Technologies & Services Private Limited has experienced an upsurge of 9.03%.

  • The most recent Balance Sheet for Evolve Technologies & Services Private Limited was filed with the ROC on 31 Mar 2021.

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