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Etherbit Private Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.18 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.75 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹6.39 Lakh
EBITDA margin 1.5%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
of 4 registered
About Etherbit Private Limited
Data last updated:
Etherbit Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC095653. Its GSTIN is 24AAECE5054B2Z5 (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harsh Jatinkumar Vakharia and Dharmesh Kantilal Kapadia.
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 Flat – A/1/ 1205 Rudra Enclave Althan Bhimrad Canal Road Bhimrad, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.18 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Lakh (net margin 0.4%) and EBITDA of ₹6.39 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 71% over five years.
The company is associated with 3 brands: MiningStack, Superchargify and Etherbit.
Etherbit Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0094190). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website etherbit.in.
Company details
CIN U74999GJ2017PTC095653
Registration Number 095653
Incorporation Date 07 February 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0094190
Key People
Harsh Jatinkumar Vakharia Director Dharmesh Kantilal Kapadia Director Kalpana Jatinkumar Vakharia Director Recognitions & Rankings of Etherbit
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0094190
Contact details
Etherbit Private Limited's registered office is in Surat, Gujarat. Its website is etherbit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat – A/1/ 1205 Rudra Enclave Althan Bhimrad Canal Road Bhimrad, Surat, Gujarat, India – 395007
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Etherbit Private Limited, buy the company report.
Comprehensive company report
Etherbit 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
Etherbit operates multiple associated brands including MiningStack, Superchargify, and Etherbit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Imports, exports, and online retail of cryptocurrency hardware and security products. | miningstack.com | |
| Provides AMP integration for Shopify to enhance mobile e-commerce speed and features. | superchargify.com | |
| Etherbit sells hardware wallets, security keys, and accessories for online retail. | etherbit.in |
Business activity
The main business activity of Etherbit is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Etherbit Private Limited, buy the company report.
Financials of Etherbit Private Limited
FY 2025 filings availableEtherbit Private Limited reported revenue of ₹4.18 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹4.18 Cr ▼ 4%
Net profit · FY 2024
₹1.75 Lakh margin 0.4%
EBITDA · FY 2024
₹6.39 Lakh margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 19%
5 years · compounded
▲ 169%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 85% 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 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹6.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.75 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Etherbit Private Limited, buy the company report.
Board of directors of Etherbit Private Limited
Etherbit has 3 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 |
|---|---|---|---|---|
| Harsh Jatinkumar Vakharia | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Dharmesh Kantilal Kapadia | Director | 23 Nov 2021 | 4 Years 11 Months | Current |
| Kalpana Jatinkumar Vakharia | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Etherbit Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sova Stores & Spares Private Limited | ₹4.18 Cr (FY 2023) | -1.0% | Kolkata, West Bengal, India | |||
| DL Electronics & Trading Private Limited | ₹4.18 Cr (FY 2024) | 658.0% | Nagaon, Assam, India | |||
| Weaver Aqua Private Limited | ₹4.18 Cr (FY 2019) | 261.0% | Mumbai, Maharashtra, India | |||
| Souvnear Global Private Limited | ₹4.18 Cr (FY 2016) | 83.0% | Mohali, Punjab, India | |||
| Nitideep Collection Private Limited | ₹4.18 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Etherbit Private Limitedthis company | ₹4.18 Cr (FY 2024) | ₹1.75 Lakh | 0.4% | -4.0% | Surat, Gujarat, India | |
| Shree Krupa Automation Systems Private Limited | ₹4.18 Cr (FY 2025) | -32.0% | Kagal, Maharashtra, India | |||
| S.K. Jain Distributors Private Limited | ₹4.18 Cr (FY 2025) | 5.0% | Delhi, India | |||
| Vvidit Exim Industries Limited | ₹4.18 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Rayzon Technology Private Limited | ₹4.18 Cr (FY 2024) | -37.0% | Vadodara, Gujarat, India | |||
| Vaya Mep Engineers Private Limited | ₹4.17 Cr (FY 2024) | 153.0% | Delhi, India |
To see the full peer comparison of Etherbit Private Limited, buy the company report.
Auditor
Etherbit Private Limited is audited by V. N. Fafolawala & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. N. Fafolawala & Co. | FY 2023 | 123893W |
Shareholding
The shareholding of Etherbit Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Etherbit Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Etherbit 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 Etherbit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Etherbit has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECE5054B2Z5 | Gujarat | Active | 25 Jan 2018 |
To see the full GST registrations and return filing status of Etherbit Private Limited, buy the company report.
Recent activity
Etherbit Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Dharmesh Kantilal Kapadia was appointed as Director on 23 Nov 2021.
AGM
Etherbit Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Etherbit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dharmesh Kantilal Kapadia was appointed as Director.
Appointed
Harsh Jatinkumar Vakharia was appointed as Director.
Appointed
Kalpana Jatinkumar Vakharia was appointed as Director.
Ceased
Jatinkumar Vinodchandra Vakharia ceased to be Director.
Appointed
Jatinkumar Vinodchandra Vakharia was appointed as Director.
Incorporation
07 Feb 2017
Etherbit Private Limited was registered on 07 Feb 2017 with Roc Ahmedabad & aged 9 years 8 months as per MCA records.
Frequently asked questions
Etherbit is an active private limited company based in Surat, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC095653.
Etherbit has 3 current directors:
- Harsh Jatinkumar Vakharia - Director
- Dharmesh Kantilal Kapadia - Director
- Kalpana Jatinkumar Vakharia - Director
The latest financial statements of Etherbit 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 2017 are in the company report.
The GSTIN of Etherbit is 24AAECE5054B2Z5, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Etherbit is U74999GJ2017PTC095653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etherbit was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Etherbit by revenue are Sova Stores & Spares Private Limited, DL Electronics & Trading Private Limited, Weaver Aqua Private Limited, Souvnear Global Private Limited, Nitideep Collection Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Dharmesh Kantilal Kapadia was appointed as Director on 23 Nov 2021. Harsh Jatinkumar Vakharia was appointed as Director on 10 Jan 2018. Kalpana Jatinkumar Vakharia was appointed as Director on 24 Mar 2017. Etherbit has 5 board changes on record in total.
Yes, Etherbit is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Etherbit is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0094190).
Etherbit can be reached through the website etherbit.in. Its registered office is in Surat, Gujarat, India.