Codefencers Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2021PTC119346 Incorporated 07 January 2021 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹13.93 Lakh
▼ 56% YoY
Net loss · FY 2024
₹1.71 Lakh
Net margin -12.3%
EBITDA · FY 2024
-₹1.71 Lakh
EBITDA margin -12.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Codefencers Private Limited

Data last updated:

Codefencers Private Limited is a private limited company based in Ahmedabad, Gujarat, 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 07 January 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC119346. Its GSTIN is 24AAJCC2150P1ZJ (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jigarkumar Rameshbhai Chudasama and Sanjaybhai Bhikhubhai Dhamecha.

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 Block No.49 Flat No.303 Satyam Co – Op. Ho. Soc. Ltd. Anandnagar Satellite, Ahmedabad, Gujarat, India – 380007.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.93 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -12.3%) and EBITDA of -₹1.71 Lakh (EBITDA margin -12.3%). Revenue has grown at a compounded annual rate (CAGR) of 158% over three years.

The company is associated with 1 brand: CodeFencers. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending.

Codefencers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0040835). For more details, the company can be reached via its website codefencers.com.

Company details

CIN U72900GJ2021PTC119346
Registration Number 119346
Incorporation Date 07 January 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0040835

Recognitions & Rankings of Codefencers

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0040835

Contact details

Codefencers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is codefencers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Block No.49 Flat No.303 Satyam Co – Op. Ho. Soc. Ltd. Anandnagar Satellite, Ahmedabad, Gujarat, India – 380007
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Codefencers Private Limited, buy the company report.

Comprehensive company report
Codefencers 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

Codefencers operates one associated brand: CodeFencers. Each brand links to its own profile.

BrandDescriptionWebsite
Offers mobile app development, web solutions, software, and digital marketing services worldwide.codefencers.com

Business activity

The main business activity of Codefencers is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Codefencers Private Limited, buy the company report.

Financials of Codefencers Private Limited

FY 2024 filings available

Codefencers Private Limited reported revenue of ₹13.93 Lakh (down 56% YoY) for FY 2024.

Revenue · FY 2024
₹13.93 Lakh ▼ 56%
Net loss · FY 2024
₹1.71 Lakh margin -12.3%
EBITDA · FY 2024
-₹1.71 Lakh margin -12.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 158%
EBITDA CAGR growth
1 year
▼ 677%
3 years · compounded
▼ 48%

Revenue fell 56% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 158%. EBITDA fell 677% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹1.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.71 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-12.3%
Net Profit Margin-12.3%
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 Codefencers Private Limited, buy the company report.

Board of directors of Codefencers Private Limited

Codefencers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jigarkumar Rameshbhai ChudasamaDirector21 Mar 20224 Years 7 MonthsCurrent
Sanjaybhai Bhikhubhai DhamechaDirector07 Jan 20215 Years 10 MonthsCurrent
Rameshbhai Nagar Bhai LanghnojaDirector07 Jan 20215 Years 10 MonthsCurrent

Peer comparison

Codefencers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Techversys Solutions Private Limited₹13.99 Lakh (FY 2025)-26.0%Chandigarh, India
Talking Pixels Private Limited₹13.98 Lakh (FY 2025)-83.0%Mumbai, Maharashtra, India
Cognitive Techware Private Limited₹13.98 Lakh (FY 2020)-19.0%Chennai, Tamil Nadu, India
Zeltis Infotech Private Limited₹13.98 Lakh (FY 2023)-23.0%New Delhi, Delhi, India
Zeta IT Innovations India Private Limited₹13.94 Lakh (FY 2025)-55.0%Thrissur, Kerala, India
Codefencers Private Limitedthis company₹13.93 Lakh (FY 2024)-₹1.71 Lakh-12.3%-56.0%Ahmedabad, Gujarat, India
Voov Tel Private Limited₹13.92 Lakh (FY 2017)187.0%Hyderabad, Telangana, India
Graphyonline Publications Private Limited₹13.91 Lakh (FY 2025)18.0%Balasore, Odisha, India
Aveva Software India Private Limited₹13.89 Lakh (FY 2022)-4.0%Mumbai, Maharashtra, India
Informdoc IT Solutions Private Limited₹13.89 Lakh (FY 2017)Chennai, Tamil Nadu, India
Genuine & Systematic Services Private Limited₹13.88 Lakh (FY 2017)Chennai, Tamil Nadu, India

To see the full peer comparison of Codefencers Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Codefencers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Codefencers Private Limited has 1 active EPFO establishment as of Apr 11, 2024.

Active EPFO establishments
1

GST

Codefencers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCC2150P1ZJGujaratActive12 Mar 2021

To see the full GST registrations and return filing status of Codefencers Private Limited, buy the company report.

Recent activity

Codefencers Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Jigarkumar Rameshbhai Chudasama ceased to be Additional Director on 30 Sep 2022.

AGM
Codefencers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Codefencers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Jigarkumar Rameshbhai Chudasama ceased to be Additional Director.
Appointed
Jigarkumar Rameshbhai Chudasama was appointed as Director.
Appointed
Rameshbhai Nagar Bhai Langhnoja was appointed as Director.
Appointed
Sanjaybhai Bhikhubhai Dhamecha was appointed as Director.
Incorporation
07 Jan 2021
Codefencers Private Limited was registered on 07 Jan 2021 with Roc Ahmedabad & aged 5 years 10 months as per MCA records.

Frequently asked questions

Codefencers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 January 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC119346.

Codefencers has 3 current directors:

The latest financial statements of Codefencers 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 2021 are in the company report.

The GSTIN of Codefencers is 24AAJCC2150P1ZJ, registered in Gujarat.

The CIN (Corporate Identification Number) of Codefencers is U72900GJ2021PTC119346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Codefencers has 4 court cases on record: 4 filed against it. 3 are pending.

Codefencers was incorporated on 07 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Codefencers by revenue are Techversys Solutions Private Limited, Talking Pixels Private Limited, Cognitive Techware Private Limited, Zeltis Infotech Private Limited, Zeta IT Innovations India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Jigarkumar Rameshbhai Chudasama ceased to be Additional Director on 30 Sep 2022. Jigarkumar Rameshbhai Chudasama was appointed as Director on 21 Mar 2022. Rameshbhai Nagar Bhai Langhnoja was appointed as Director on 07 Jan 2021. Codefencers has 4 board changes on record in total.

Yes, Codefencers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Codefencers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0040835).