Startup India Government of India
Block Stack Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.12 Cr
▲ 65% YoY
Net profit · FY 2024
₹4.35 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹21.16 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
37
Provident fund records
Directors on board
2
As per MCA filings
About Block Stack Private Limited
Data last updated:
Block Stack Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC354361. Its GSTIN is 27AAJCB6034B1Z0 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishan Rajesh Vaghasia and Sunny Jetani.
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 Dc 7180 Bharat Diamond Bourse G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.12 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹4.35 Lakh (net margin 0.6%) and EBITDA of ₹21.16 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 370% over three years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Block Stack.
Block Stack Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0187157). For more details, the company can be reached via its website blockstack.tech.
Company details
CIN U72900MH2021PTC354361
Registration Number 354361
Incorporation Date 02 February 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0187157
Recognitions & Rankings of Block Stack
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0187157
Contact details
Block Stack Private Limited's registered office is in Mumbai, Maharashtra. Its website is blockstack.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDc 7180 Bharat Diamond Bourse G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Block Stack Private Limited, buy the company report.
Comprehensive company report
Block Stack 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
Block Stack operates one associated brand: Block Stack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers blockchain development, metaverse solutions, and consulting for digital transformation. | blockstack.tech |
Business activity
The main business activity of Block Stack 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 Block Stack Private Limited, buy the company report.
Financials of Block Stack Private Limited
FY 2025 filings availableBlock Stack Private Limited reported revenue of ₹7.12 Cr (up 65% YoY) for FY 2024.
Revenue · FY 2024
₹7.12 Cr ▲ 65%
Net profit · FY 2024
₹4.35 Lakh margin 0.6%
EBITDA · FY 2024
₹21.16 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 370%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 162%
Revenue has grown at a compounded annual rate (CAGR) of 370% over three years, including 65% growth in the latest year. EBITDA rose 50% 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 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹21.16 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.35 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Block Stack Private Limited, buy the company report.
Board of directors of Block Stack Private Limited
Block Stack has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Rajesh Vaghasia | Director | 02 Feb 2021 | 5 Years 8 Months | Current |
| Sunny Jetani | Director | 05 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Block Stack 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 |
|---|---|---|---|---|---|---|
| F-Pay Communication Private Limited | ₹7.15 Cr (FY 2025) | 68.0% | Amravati, Maharashtra, India | |||
| JHKP Technologies Private Limited | ₹7.14 Cr (FY 2025) | 44.0% | Bangalore, Karnataka, India | |||
| Reliable Software Systems Private Limited | ₹7.14 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Deepfactor India Private Limited | ₹7.14 Cr (FY 2025) | -51.0% | Bangalore, Karnataka, India | |||
| Fugenic Computer Services Private Limited | ₹7.13 Cr (FY 2023) | -57.0% | Hyderabad, Telangana, India | |||
| Block Stack Private Limitedthis company | ₹7.12 Cr (FY 2024) | ₹4.35 Lakh | 0.6% | 65.0% | 37 | Mumbai, Maharashtra, India |
| Drone Telecommunication Private Limited | ₹7.12 Cr (FY 2025) | 27.0% | Moga, Punjab, India | |||
| K-Bit Brave Sourcing Private Limited | ₹7.12 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Krishaweb Technologies Private Limited | ₹7.11 Cr (FY 2024) | -1.0% | Ahmedabad, Gujarat, India | |||
| Skuteam India Private Limited | ₹7.1 Cr (FY 2024) | 42.0% | Chennai, Tamil Nadu, India | |||
| Thirdeye AI Private Limited | ₹7.1 Cr (FY 2025) | 22.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Block Stack Private Limited, buy the company report.
Auditor
Block Stack Private Limited is audited by G T S & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G T S & Co. | FY 2023 | 145230W |
Shareholding
The shareholding of Block Stack Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Block Stack Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Block Stack 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 Block Stack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Block Stack Private Limited has a workforce of 37 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
15.62%
GST
Block Stack has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCB6034B1Z0 | Maharashtra | Active | 08 Feb 2021 |
| 29AAJCB6034B1ZW | Karnataka | Active | 27 Sep 2022 |
To see the full GST registrations and return filing status of Block Stack Private Limited, buy the company report.
Recent activity
Block Stack Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Chirag Babubhai Jetani ceased to be Director on 06 Mar 2025.
AGM
Block Stack Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Block Stack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Chirag Babubhai Jetani ceased to be Director.
Appointed
Sunny Jetani was appointed as Director.
Appointed
Kishan Rajesh Vaghasia was appointed as Director.
Incorporation
02 Feb 2021
Block Stack Private Limited was registered on 02 Feb 2021 with Roc Mumbai & aged 5 years 8 months as per MCA records.
Frequently asked questions
Block Stack is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 February 2021 (5+ years old) and is registered under CIN U72900MH2021PTC354361.
Block Stack has 2 current directors:
- Kishan Rajesh Vaghasia - Director
- Sunny Jetani - Director
The latest financial statements of Block Stack 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 2021 are in the company report.
The GSTIN of Block Stack is 27AAJCB6034B1Z0, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAJCB6034B1ZW (Karnataka).
The CIN (Corporate Identification Number) of Block Stack is U72900MH2021PTC354361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Block Stack was incorporated on 02 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Block Stack by revenue are F-Pay Communication Private Limited, JHKP Technologies Private Limited, Reliable Software Systems Private Limited, Deepfactor India Private Limited, Fugenic Computer Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Chirag Babubhai Jetani ceased to be Director on 06 Mar 2025. Sunny Jetani was appointed as Director on 05 Mar 2025. Kishan Rajesh Vaghasia was appointed as Director on 02 Feb 2021.
Yes, Block Stack is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Block Stack is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0187157).
Block Stack can be reached through the website blockstack.tech. Its registered office is in Mumbai, Maharashtra, India.