Encircle Technologies Private Limited
About Encircle Technologies Private Limited
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Encircle Technologies Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC121670. Its GSTIN is 24AAGCE4036P1ZF (Gujarat).
The company has an authorised share capital of ₹6.75 Lakh and a paid-up capital of ₹6.75 Lakh. It is led by directors including Dharmesh Dhirajlal Dobariya and Sanjay Haribhai Vachhani.
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 Rajkot, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.13 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹6.87 Lakh (net margin 2.2%) and EBITDA of ₹15.72 Lakh (EBITDA margin 5%).
The company has about 2 employees on its provident fund (EPFO) records.
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- Registered AddressOffice No. 1304 To 1307 Wings Business Bay, Nr. Fortune Hotel 150 Feet Ring Road, Rajkot, Gujarat, India – 360004
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Encircle Technologies Private Limited
The main business activity of Encircle Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Encircle Technologies Private Limited FY 2025 filings available
Encircle Technologies Private Limited reported revenue of ₹3.13 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Encircle Technologies Private Limited
Revenue rose 11% in the latest year. EBITDA fell 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Encircle Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹15.72 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.87 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 of Encircle Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Encircle Technologies are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Encircle Technologies Private Limited
Encircle Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eder Labs R&D Private Limited | ₹3.14 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Triadique Technologies Private Limited | ₹3.14 Cr (FY 2024) | •••• | •••• | 82.0% | •••• | Hyderabad, Telangana, India |
| Cyquent Infotech Private Limited | ₹3.14 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Bengaluru, Karnataka, India |
| Skandysys Private Limited | ₹3.14 Cr (FY 2023) | •••• | •••• | -92.0% | •••• | Bangalore, Karnataka, India |
| Oprimes Solutions Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Bangalore, Karnataka, India |
| Encircle Technologies Private Limited this company | ₹3.13 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Rajkot, Gujarat, India |
| Bayasys Infotech Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Ernakulam, Kerala, India |
| Asenton Technologies Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Targetcoins Entertainment Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Vadodara, Gujarat, India |
| Veegam Software Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Premium Gadgets Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Encircle Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Encircle Technologies Private Limited
Encircle Technologies Private Limited is audited by P H Vasoya and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P H Vasoya and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Encircle Technologies Private Limited
Encircle Technologies has 10 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Dhirajlal Dobariya | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Sanjay Haribhai Vachhani | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Vipul Haridas Vachhani | Additional Director | 07 Jun 2021 | 5 Years 4 Months | Current |
| Rekha Rahul Tulsiyani | Additional Director | 07 Jun 2021 | 5 Years 4 Months | Current |
| Rahul Tekchand Tulsiyani | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Champaben Dhirajbhai Dobariya | Additional Director | 07 Jun 2021 | 5 Years 4 Months | Current |
Ownership and Shareholding of Encircle Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Encircle Technologies Private Limited
Encircle Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Encircle Technologies Private Limited
Encircle Technologies Private Limited has a workforce of 2 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Encircle Technologies Private Limited
Encircle Technologies Private Limited has 16 board changes on record since 2021: 10 appointments and 6 cessations. The latest: Bhartiben Tekchand Tulsiyani ceased to be Additional Director on 29 Jan 2023.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Encircle Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Encircle Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Encircle Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Encircle Technologies Private Limited
Encircle Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCE4036P1ZF | Gujarat | Active | 11 Aug 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Encircle Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Encircle Technologies Private Limited
Encircle Technologies is an active private limited company based in Rajkot, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 March 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC121670.
Encircle Technologies reported revenue of ₹3.13 Cr for FY 2024 (up 11% YoY).
Encircle Technologies has 10 current directors:
- Dharmesh Dhirajlal Dobariya - Director
- Sanjay Haribhai Vachhani - Director
- Vipul Haridas Vachhani - Additional Director
- Rekha Rahul Tulsiyani - Additional Director
- Rahul Tekchand Tulsiyani - Director
- Champaben Dhirajbhai Dobariya - Additional Director
- Dhirajlal Laxamanbhai Dobariya - Additional Director
- Bhartiben Tekchand Tulsiyani - Additional Director
- Heena Sanjaybhai Vachhani - Additional Director
- Tekchand Gagandas Tulsiyani - Director
Encircle Technologies reported a net profit of ₹6.87 Lakh (net margin 2.2%) and EBITDA of ₹15.72 Lakh (EBITDA margin 5%) for FY 2024, as per its filed financial statements.
The GSTIN of Encircle Technologies is 24AAGCE4036P1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Encircle Technologies is U72900GJ2021PTC121670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Encircle Technologies was incorporated on 30 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Encircle Technologies by revenue are Eder Labs R&D Private Limited, Triadique Technologies Private Limited, Cyquent Infotech Private Limited, Skandysys Private Limited, Oprimes Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Bhartiben Tekchand Tulsiyani ceased to be Additional Director on 29 Jan 2023. Champaben Dhirajbhai Dobariya ceased to be Additional Director on 29 Jan 2023. Dhirajlal Laxamanbhai Dobariya ceased to be Additional Director on 29 Jan 2023. Encircle Technologies has 16 board changes on record in total.
Yes, Encircle Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Encircle Technologies is at Office No. 1304 To 1307 Wings Business Bay, Nr. Fortune Hotel 150 Feet Ring Road, Rajkot, Gujarat, India – 360004.