MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0187875
Appsseer Payrollcloud India Private Limited
Appsseer Payrollcloud India Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.15 Cr
▲ 110% YoY
Net profit · FY 2024
₹1.57 Cr
Net margin 19.2%
EBITDA · FY 2024
₹2.13 Cr
EBITDA margin 26.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
9
Provident fund records
Directors on board
3
As per MCA filings
About Appsseer Payrollcloud India Private Limited
Data last updated:
Appsseer Payrollcloud India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2019PTC106587. Its GSTIN is 24AARCA9294L1ZU (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Mukesh Agarwal and Sweta Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 1312 Shivalik Shilp 2 Opp. Itc Narmada Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.15 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 19.2%) and EBITDA of ₹2.13 Cr (EBITDA margin 26.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
Appsseer Payrollcloud India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0187875).
Company details
CIN U72200GJ2019PTC106587
Registration Number 106587
Incorporation Date 13 February 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0187875
Recognitions & Rankings of Appsseer Payrollcloud India
Contact details
Appsseer Payrollcloud India Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 1312 Shivalik Shilp 2 Opp. Itc Narmada Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Appsseer Payrollcloud India Private Limited, buy the company report.
Comprehensive company report
Appsseer Payrollcloud India 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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Business activity
The main business activity of Appsseer Payrollcloud India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Appsseer Payrollcloud India Private Limited, buy the company report.
Financials of Appsseer Payrollcloud India Private Limited
FY 2025 filings availableAppsseer Payrollcloud India Private Limited reported revenue of ₹8.15 Cr (up 110% YoY) for FY 2024.
Revenue · FY 2024
₹8.15 Cr ▲ 110%
Net profit · FY 2024
₹1.57 Cr margin 19.2%
EBITDA · FY 2024
₹2.13 Cr margin 26.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 110%
3 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 331%
3 years · compounded
▲ 132%
Revenue has grown at a compounded annual rate (CAGR) of 44% over three years, including 110% growth in the latest year. EBITDA rose 331% 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 |
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| EBITDA | ₹2.13 Cr | ||||
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| Net Profit (PAT) | ₹1.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 26.1% | ||||
| Net Profit Margin | 19.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Appsseer Payrollcloud India Private Limited, buy the company report.
Board of directors of Appsseer Payrollcloud India Private Limited
Appsseer Payrollcloud India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Agarwal | Director | 09 Mar 2020 | 6 Years 7 Months | Current |
| Sweta Agrawal | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Dharmesh Ramkhiloni Agarwal | Director | 27 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Appsseer Payrollcloud India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Open Source Business Solutions Private Limited | ₹8.16 Cr (FY 2025) | 2823.0% | Delhi, India | |||
| R&M Marine Engineering Services India Private Limited | ₹8.15 Cr (FY 2025) | -24.0% | Chennai, Tamil Nadu, India | |||
| Data Containers Consulting Private Limited | ₹8.15 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Vsam Technologies India Private Limited | ₹8.15 Cr (FY 2024) | 386.0% | New Delhi, Delhi, India | |||
| Khud Ka Karobar Infotech Private Limited | ₹8.15 Cr (FY 2025) | -54.0% | Jaipur, Rajasthan, India | |||
| Appsseer Payrollcloud India Private Limitedthis company | ₹8.15 Cr (FY 2024) | ₹1.57 Cr | 19.2% | 110.0% | 9 | Ahmedabad, Gujarat, India |
| Gigin Technologies Private Limited | ₹8.14 Cr (FY 2024) | 325.0% | Bangalore, Karnataka, India | |||
| Windowmaker Software Private Limited | ₹8.14 Cr (FY 2025) | 20.0% | Vadodara, Gujarat, India | |||
| Ajel Limited | ₹8.14 Cr (FY 2023) | 96.0% | Mumbai, Maharashtra, India | |||
| Liqvid Elearning Services Private Limited | ₹8.13 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Bhaarat Teleservices Private Limited | ₹8.13 Cr (FY 2024) | 75.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Appsseer Payrollcloud India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Appsseer Payrollcloud India 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 Appsseer Payrollcloud India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Appsseer Payrollcloud India Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
GST
Appsseer Payrollcloud India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCA9294L1ZU | Gujarat | Active | 26 Mar 2019 |
To see the full GST registrations and return filing status of Appsseer Payrollcloud India Private Limited, buy the company report.
Recent activity
Appsseer Payrollcloud India Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Dharmesh Ramkhiloni Agarwal ceased to be Additional Director on 29 Sep 2024.
AGM
Appsseer Payrollcloud India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Appsseer Payrollcloud India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dharmesh Ramkhiloni Agarwal ceased to be Additional Director.
Appointed
Dharmesh Ramkhiloni Agarwal was appointed as Director.
Ceased
Lalitkumar Ramkhiloni Agarwal ceased to be Director.
Appointed
Mukesh Agarwal was appointed as Director.
Appointed
Sweta Agrawal was appointed as Director.
Incorporation
13 Feb 2019
Appsseer Payrollcloud India Private Limited was registered on 13 Feb 2019 with Roc Ahmedabad & aged 7 years 8 months as per MCA records.
Frequently asked questions
Appsseer Payrollcloud India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U72200GJ2019PTC106587.
Appsseer Payrollcloud India has 3 current directors:
- Mukesh Agarwal - Director
- Sweta Agrawal - Director
- Dharmesh Ramkhiloni Agarwal - Director
The latest financial statements of Appsseer Payrollcloud India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Appsseer Payrollcloud India is 24AARCA9294L1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Appsseer Payrollcloud India is U72200GJ2019PTC106587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appsseer Payrollcloud India was incorporated on 13 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Appsseer Payrollcloud India by revenue are Open Source Business Solutions Private Limited, R&M Marine Engineering Services India Private Limited, Data Containers Consulting Private Limited, Vsam Technologies India Private Limited, Khud Ka Karobar Infotech Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Dharmesh Ramkhiloni Agarwal ceased to be Additional Director on 29 Sep 2024. Dharmesh Ramkhiloni Agarwal was appointed as Director on 27 Sep 2024. Lalitkumar Ramkhiloni Agarwal ceased to be Director on 23 Mar 2020. Appsseer Payrollcloud India has 5 board changes on record in total.
Yes, Appsseer Payrollcloud India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0187875).
The registered office of Appsseer Payrollcloud India is at Office No. 1312 Shivalik Shilp 2 Opp. Itc Narmada Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.
Appsseer Payrollcloud India operates in the information technology industry, in the application development and software solutions segment.
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