- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0124799

About Effcode Technologies Private Limited
Data last updated:
Effcode Technologies Private Limited is a private limited company based in Thergaon, Maharashtra, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 23 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72300PN2016PTC158967.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Codeef Technologies Private Limited and Nirmal It Solutions & Consultants Private Limited. It is led by directors Sagar Ghantode and Amit Jaivant Chavan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S No 15/3/1 Santosh Nagar Near Akshay Park, Thergaon, Maharashtra, India – 411033.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.82 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹9.05 Lakh (net margin -48.1%) and EBITDA of -₹9.05 Lakh (EBITDA margin -48.1%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
Effcode Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0124799). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website effcode.in.
Company details
Name history
Effcode Technologies has undergone 2 name changes throughout its history. The company was previously known as Codeef Technologies Private Limited, and Nirmal It Solutions & Consultants Private Limited. The current legal name is Effcode Technologies Private Limited.
| Company Name | Status |
|---|---|
| Effcode Technologies Private Limited | Current |
| Codeef Technologies Private Limited | Previous |
| Nirmal It Solutions & Consultants Private Limited | Previous |
Recognitions & Rankings of Effcode Technologies
Contact details
Effcode Technologies Private Limited's registered office is in Thergaon, Maharashtra. Its website is effcode.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No 15/3/1 Santosh Nagar Near Akshay Park, Thergaon, Maharashtra, India – 411033
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Effcode Technologies 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 Effcode Technologies 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 Effcode Technologies Private Limited, buy the company report.
Financials of Effcode Technologies Private Limited
FY 2023 filings availableEffcode Technologies Private Limited reported revenue of ₹18.82 Lakh (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over three years, including 27% growth in the latest year. EBITDA fell 74% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹9.05 Lakh | ||||
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| Net Profit (PAT) | -₹9.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -48.1% | ||||
| Net Profit Margin | -48.1% | ||||
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To see the full financial statements and ratios of Effcode Technologies Private Limited, buy the company report.
Board of directors of Effcode Technologies Private Limited
Effcode Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Ghantode | Director | 17 Mar 2018 | 8 Years 7 Months | Current |
| Amit Jaivant Chavan Also directs: Friendcolony Sports India Private Limited | Director | 17 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Effcode Technologies 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 |
|---|---|---|---|---|---|---|
| Parishudh Services Private Limited | ₹18.87 Lakh (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| J and D Communications Private Limited | ₹18.86 Lakh (FY 2025) | 32.0% | Bhusawal, Maharashtra, India | |||
| Coda Payments India Private Limited | ₹18.85 Lakh (FY 2025) | -79.0% | Chennai, Tamil Nadu, India | |||
| Leeway Roots India Private Limited | ₹18.85 Lakh (FY 2019) | 134.0% | Lucknow, Uttar Pradesh, India | |||
| Europeandmc Private Limited | ₹18.85 Lakh (FY 2022) | 99297.0% | New Delhi, Delhi, India | |||
| Effcode Technologies Private Limitedthis company | ₹18.82 Lakh (FY 2023) | -₹9.05 Lakh | -48.1% | 27.0% | Thergaon, Maharashtra, India | |
| Myyshopp Ecommerce Technologies Private Limited | ₹18.82 Lakh (FY 2023) | -43.0% | Pune, Maharashtra, India | |||
| Cynna India Private Limited | ₹18.82 Lakh (FY 2018) | 29.0% | New Delhi, Delhi, India | |||
| Anmey Marriagewale Services Private Limited | ₹18.82 Lakh (FY 2024) | 12.0% | Kolhapur, Maharashtra, India | |||
| Infotura Technologies Private Limited | ₹18.82 Lakh (FY 2023) | -4.0% | Ernakulam, Kerala, India | |||
| Rangan Biotech (OPC) Private Limited | ₹18.82 Lakh (FY 2025) | 44.0% | Howrah, West Bengal, India |
To see the full peer comparison of Effcode Technologies Private Limited, buy the company report.
Auditor
Effcode Technologies Private Limited is audited by R. S BUTALA AND CO. CHARTERED ACCOUNTANTS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S BUTALA AND CO. CHARTERED ACCOUNTANTS | FY 2017 | 144219W |
Shareholding
The shareholding of Effcode Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Effcode Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Effcode Technologies 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 Effcode Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Effcode Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Effcode Technologies Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Umesh Maruti Nesari ceased to be Director on 30 Mar 2022.
Frequently asked questions
Effcode Technologies is an active private limited company based in Thergaon, Maharashtra, India. The company works in consultancy, within the information technology industry. It was incorporated on 23 March 2016 (10+ years old) and is registered under CIN U72300PN2016PTC158967.
Effcode Technologies has 2 current directors:
- Sagar Ghantode - Director
- Amit Jaivant Chavan - Director
The latest financial statements of Effcode Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Effcode Technologies is U72300PN2016PTC158967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Effcode Technologies was incorporated on 23 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Effcode Technologies by revenue are Parishudh Services Private Limited, J and D Communications Private Limited, Coda Payments India Private Limited, Leeway Roots India Private Limited, Europeandmc Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Umesh Maruti Nesari ceased to be Director on 30 Mar 2022. Nikhil Shivputra Sakhare ceased to be Director on 25 Jul 2018. Amit Jaivant Chavan was appointed as Director on 17 Mar 2018. Effcode Technologies has 4 board changes on record in total.
Yes, Effcode Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0124799).
Effcode Technologies can be reached through the website effcode.in. Its registered office is in Thergaon, Maharashtra, India.
The registered office of Effcode Technologies is at S No 1531 Santosh Nagar Near Akshay Park, Thergaon, Maharashtra, India – 411033.
Effcode Technologies operates in the information technology industry, in the consultancy segment.

