About Cipio India Private Limited
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Cipio India Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Cipio Inc.. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 25 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021FTC147817. Its GSTIN is 24AAJCC3873H1ZK (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hemang Krishnakant Sanghavi and Dharmesh Yogendra Trivedi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.81 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹20.43 Lakh (net margin 11.3%) and EBITDA of ₹32.15 Lakh (EBITDA margin 17.7%).
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CIPIO.
For more details, the company can be reached via its website cipio.ai.
Company details
CIN history
Cipio India has one previous CIN (Corporate Identification Number): U72900KA2021FTC145863. The current CIN is U72900GJ2021FTC147817, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900GJ2021FTC147817 | Current |
| U72900KA2021FTC145863 | Previous |
Contact details
Cipio India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is cipio.ai. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1001/1002 Shaligram Corporates – 2, B/H Dishman House Opp. Sankalp Grace – 2 Bopal – Ambli Road, Ahmedabad, Gujarat, India – 380058
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Cipio India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Cipio India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cipio India Private Limited, buy the company report.
Financials of Cipio India Private Limited
FY 2025 filings availableCipio India Private Limited reported revenue of ₹1.81 Cr (down 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA rose 6% in the latest 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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| EBITDA | ₹32.15 Lakh | |||
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| Net Profit (PAT) | ₹20.43 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.7% | |||
| Net Profit Margin | 11.3% | |||
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To see the full financial statements and ratios of Cipio India Private Limited, buy the company report.
Board of directors of Cipio India Private Limited
Cipio India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemang Krishnakant Sanghavi | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
| Dharmesh Yogendra Trivedi | Director | 13 Jul 2023 | 3 Years 4 Months | Current |
| Tejas Babulal Shah | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Cipio India Private Limited is audited by CGS & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGS & CO. | FY 2022 | 005830S |
Shareholding
The shareholding of Cipio India Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Cipio India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cipio 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
Cipio India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pierian Services Private Limited |
To see the full MSME payment records of Cipio India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cipio India Private Limited has a workforce of 3 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 3 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Cipio India Private Limited, buy the company report.
GST
Cipio India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCC3873H1ZK | Gujarat | Active | 02 Jun 2021 |
| 29AAJCC3873H1ZA | Karnataka | Active | 01 Apr 2021 |
To see the full GST registrations and return filing status of Cipio India Private Limited, buy the company report.
Recent activity
Cipio India Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Dharmesh Yogendra Trivedi ceased to be Additional Director on 24 Sep 2023.
News
Frequently asked questions
Cipio India is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 25 March 2021 (5+ years old) and is registered under CIN U72900GJ2021FTC147817.
Cipio India has 3 current directors:
- Hemang Krishnakant Sanghavi - Director
- Dharmesh Yogendra Trivedi - Director
- Tejas Babulal Shah - Director
The latest financial statements of Cipio India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Cipio India is 24AAJCC3873H1ZK, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAJCC3873H1ZA (Karnataka).
The CIN (Corporate Identification Number) of Cipio India is U72900GJ2021FTC147817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cipio India was incorporated on 25 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dharmesh Yogendra Trivedi ceased to be Additional Director on 24 Sep 2023. Dharmesh Yogendra Trivedi was appointed as Director on 13 Jul 2023. Nisarg Anilbhai Shah ceased to be Additional Director on 30 Aug 2022. Cipio India has 6 board changes on record in total.
Cipio India has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 Oct 2021.
Cipio India can be reached through the website cipio.ai. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Cipio India is at 10011002 Shaligram Corporates – 2, BH Dishman House Opp. Sankalp Grace – 2 Bopal – Ambli Road, Ahmedabad, Gujarat, India – 380058.
Cipio India operates in the internet industry, in the online service marketplaces segment.
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