Technovert Solutions Private Limited

Provides software services and builds technology products and applications.

2012 | Hyderabad, Telangana (India) | Active
Last Updated: October 24, 2024

Technovert Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.83 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 8.70 Cr
  • Revenue Growth 45.13%
  • Profit Growth 55.70%
  • Ebitda 64.77%
  • Net Worth 38.79%
  • Total Assets 55.81%

About Technovert Solutions

Technovert Solutions Private Limited (TSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 2012 and has a history of 12 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.83 Cr.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹8.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yalamanchili Vijaya, Sri Gummadi, and Venkata Yalamanchili serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    technovert.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2012PTC082950

  • Company No.

    082950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Technovert Solutions?

Board Members (3)

Name Designation Appointment Date Status
Yalamanchili Vijaya Country flag representing In Director 07-Sep-2012 Current
Sri Gummadi Country flag representing In Additional Director 07-Jun-2023 Current
Venkata Yalamanchili Country flag representing In Additional Director 03-Jul-2023 Current

Financial Performance of Technovert Solutions.

Technovert Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.13% increase. The company also saw a substantial improvement in profitability, with a 55.7% increase in profit. The company's net worth Soared by an impressive increase of 38.79%.

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
45.13%
Revenue from Operations
44.87%
Total Assets
55.81%
Profit or Loss
55.70%
Net Worth
38.79%
EBITDA
64.77%

What is the Ownership and Shareholding Structure of Technovert Solutions?

In 2023, Technovert Solutions 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

₹30.00 Cr

Satisfied Charges

₹8.70 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
06 May 2024 Hdfc Bank Limited ₹5.50 Cr Open
06 Aug 2022 Hdfc Bank Limited ₹24.50 Cr Open
19 Jul 2021 Axis Bank Limited ₹8.70 Cr Satisfied

How Many Employees Work at Technovert Solutions?

Technovert Solutions has a workforce of 350 employees as of Apr 03, 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 Technovert Solutions, 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 Technovert Solutions'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 Technovert Solutions

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.50 Cr with Charge ID 100927800 was registered on 06 May 2024.

    06 May 2024

  • Charges

    A charge registered on 19 Jul 2021 via Charge ID 100472463 with Axis Bank Limited was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Annual General Meeting

    Technovert Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Venkata Surendra Yalamanchili was appointed as a Additional Director was appointed as a Additional Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Director Appointment

    Sri Mythili Gummadi was appointed as a Additional Director was appointed as a Additional Director on 07 Jun 2023 & has been associated with this company since 1 year 8 months .

    07 Jun 2023

  • Balance Sheet

    Technovert Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

Frequently asked questions

  • Technovert Solutions Private Limited was incorporated on 07 Sep 2012.

  • The authorized share capital of Technovert Solutions Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.83 Cr.

  • Currently 3 directors are associated with Technovert Solutions Private Limited.

    • Yalamanchili Prakash Vijaya
    • Sri Mythili Gummadi
    • Venkata Surendra Yalamanchili
  • As per Ministry of Corporate Affairs (Mca), the registered address of Technovert Solutions Private Limited is Flat No 203 3Rd Floor Ss Riviera Apartment Kphb 6Th Phase, Behind Jntu India, Tirumalagiri, Telangana, 500072.

  • The corporate identification number (CIN) of Technovert Solutions Private Limited is U72900TG2012PTC082950 and the company number is 082950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Technovert Solutions Private Limited is https://www.technovert.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Technovert Solutions Private Limited has risen by 45.13%.

  • As Per 2023 financial reports, 350 employees are currently employed by Technovert Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Technovert Solutions Private Limited has experienced an upsurge of 38.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Technovert Solutions Private Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Technovert Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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