Startup India Government of India
Aliter Business Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.5 Cr
▲ 48% YoY
Net profit · FY 2024
₹22.97 Lakh
Net margin 3.1%
EBITDA · FY 2024
₹1.41 Cr
EBITDA margin 18.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
66
Provident fund records
Directors on board
2
As per MCA filings
About Aliter Business Solutions Private Limited
Data last updated:
Aliter Business Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC302466. Its GSTIN is 27AAQCA2907H1ZK (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Samit Devendra Upadhyaya and Vijay Suresh Sabarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21 Indraprashtha Ind Estate Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.5 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹22.97 Lakh (net margin 3.1%) and EBITDA of ₹1.41 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 43% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aliter Business Solutions.
Aliter Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060602). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alitersolutions.com.
Company details
CIN U74999MH2017PTC302466
Registration Number 302466
Incorporation Date 05 December 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0060602
Recognitions & Rankings of Aliter Business Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0060602
Contact details
Aliter Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is alitersolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21 Indraprashtha Ind Estate Lbs Marg Vikhroli West, Mumbai, Maharashtra, India – 400083
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aliter Business Solutions Private Limited, buy the company report.
Comprehensive company report
Aliter Business Solutions Private Limited - one report that includes everything
- 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
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Brands
Aliter Business Solutions operates one associated brand: Aliter Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides ERP consulting, IoT innovations, and cloud services for efficient business operations. | alitersolutions.com |
Business activity
The main business activity of Aliter Business Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aliter Business Solutions Private Limited, buy the company report.
Financials of Aliter Business Solutions Private Limited
FY 2024 filings availableAliter Business Solutions Private Limited reported revenue of ₹7.5 Cr (up 48% YoY) for FY 2024.
Revenue · FY 2024
₹7.5 Cr ▲ 48%
Net profit · FY 2024
₹22.97 Lakh margin 3.1%
EBITDA · FY 2024
₹1.41 Cr margin 18.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 16%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 37%
5 years · compounded
▲ 61%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 48% growth in the latest year. EBITDA rose 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.97 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aliter Business Solutions Private Limited, buy the company report.
Board of directors of Aliter Business Solutions Private Limited
Aliter Business Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samit Devendra Upadhyaya Also directs: Solid Structures Private Limited | Director | 05 Dec 2017 | 8 Years 11 Months | Current |
| Vijay Suresh Sabarwal | Director | 05 Dec 2017 | 8 Years 11 Months | Current |
Peer comparison
Aliter Business Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aurum Trading India Private Limited | ₹7.5 Cr (FY 2025) | 313.0% | Anna Salai, Tamil Nadu, India | |||
| Aviator Infotech India Private Limited | ₹7.5 Cr (FY 2022) | 186.0% | New Delhi, Delhi, India | |||
| Tirupati Infrafuel Solutions Private Limited | ₹7.5 Cr (FY 2025) | 17.0% | Etawah, Uttar Pradesh, India | |||
| Bliss Creation Private Limited | ₹7.5 Cr (FY 2024) | 66.0% | New Delhi, Delhi, India | |||
| Aliter Business Solutions Private Limitedthis company | ₹7.5 Cr (FY 2024) | ₹22.97 Lakh | 3.1% | 48.0% | 66 | Mumbai, Maharashtra, India |
| Gopal Sons Marketing Pvt Ltd | ₹7.5 Cr (FY 2025) | 5.0% | Ujjain, Madhya Pradesh, India | |||
| Priyali Naturals Private Limited | ₹7.5 Cr (FY 2024) | -23.0% | Sri Ganganagar, Rajasthan, India | |||
| P.R. Infotech Private Limited | ₹7.49 Cr (FY 2024) | 45.0% | Meerut, Uttar Pradesh, India | |||
| Bansidhar Alloys Private Limited | ₹7.49 Cr (FY 2018) | -3.0% | Nadiad, Gujarat, India |
To see the full peer comparison of Aliter Business Solutions Private Limited, buy the company report.
Auditor
Aliter Business Solutions Private Limited is audited by HOTWANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HOTWANI & ASSOCIATES | FY 2023 | 115905W |
Shareholding
The shareholding of Aliter Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aliter Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aliter Business Solutions 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 Aliter Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aliter Business Solutions Private Limited has a workforce of 66 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
66
Active EPFO establishments
1
Employee growth
22.22%
GST
Aliter Business Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA2907H1ZK | Maharashtra | Active | 22 Jan 2018 |
| 24AAQCA2907H1ZQ | Gujarat | Active | 01 Dec 2022 |
To see the full GST registrations and return filing status of Aliter Business Solutions Private Limited, buy the company report.
Recent activity
Aliter Business Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Samit Devendra Upadhyaya was appointed as Director on 05 Dec 2017.
AGM
Aliter Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aliter Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Samit Devendra Upadhyaya was appointed as Director.
Appointed
Vijay Suresh Sabarwal was appointed as Director.
Incorporation
05 Dec 2017
Aliter Business Solutions Private Limited was registered on 05 Dec 2017 with Roc Mumbai & aged 8 years 11 months as per MCA records.
Frequently asked questions
Aliter Business Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 December 2017 (9+ years old) and is registered under CIN U74999MH2017PTC302466.
Aliter Business Solutions has 2 current directors:
- Samit Devendra Upadhyaya - Director
- Vijay Suresh Sabarwal - Director
The latest financial statements of Aliter Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aliter Business Solutions is 27AAQCA2907H1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAQCA2907H1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Aliter Business Solutions is U74999MH2017PTC302466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aliter Business Solutions was incorporated on 05 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aliter Business Solutions by revenue are Aurum Trading India Private Limited, Aviator Infotech India Private Limited, Tirupati Infrafuel Solutions Private Limited, Bliss Creation Private Limited, Gopal Sons Marketing Pvt Ltd and 3 more, all in the same principal business activity (wholesale trading).
Samit Devendra Upadhyaya was appointed as Director on 05 Dec 2017. Vijay Suresh Sabarwal was appointed as Director on 05 Dec 2017.
Yes, Aliter Business Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aliter Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0060602).
Aliter Business Solutions can be reached through the website alitersolutions.com. Its registered office is in Mumbai, Maharashtra, India.
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