Float Technology Solutions Private Limited
About Float Technology Solutions Private Limited
Data last updated:
Float Technology Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 16 November 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2022PTC136755.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Vijay Kumar Sikka and Sangeeta Bose.
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 Satyam Corporate Square Block B S F B/H Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹90 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹9,008 (net margin -0.1%) and EBITDA of ₹10.77 Lakh (EBITDA margin 12%).
The company has about 34 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Float Technology Solutions Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressSatyam Corporate Square Block B S F B/H Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryInformation Technology, Other Computer Related Activities
- 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 Float Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Float Technology Solutions Private Limited, buy the company report.
Financials of Float Technology Solutions Private Limited
FY 2025 filings availableFloat Technology Solutions Private Limited reported revenue of ₹90 Lakh (down 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹10.77 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹9,008 | |
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12% | |
| Net Profit Margin | -0.1% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Float Technology Solutions Private Limited, buy the company report.
Board of directors of Float Technology Solutions Private Limited
Float Technology Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Sikka | Director | 16 Nov 2022 | 3 Years 11 Months | Current |
| Ashay Bavishi Also directs: Float Enterprises Private Limited | Additional Director | 20 Feb 2023 | 3 Years 8 Months | Current |
| Sangeeta Bose | Director | 16 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Float Technology Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mentortech Collective Foundation | ₹90.05 Lakh (FY 2025) | 395.0% | Bangalore, Karnataka, India | |||
| Globe View Technologies Private Limited | ₹90.02 Lakh (FY 2024) | 162.0% | Seriyakhal, Uttarakhand, India | |||
| Kaleidostrat Private Limited | ₹90.02 Lakh (FY 2025) | 78.0% | Mumbai, Maharashtra, India | |||
| Kansai Wellness Private Limited | ₹90.01 Lakh (FY 2024) | Thane, Maharashtra, India | ||||
| Float Technology Solutions Private Limitedthis company | ₹90 Lakh (FY 2024) | -₹9,008 | -0.1% | -65.0% | Ahmedabad, Gujarat, India | |
| Onestop Blockchain & Cloud Solutions Private Limited | ₹89.93 Lakh (FY 2019) | 4.0% | Mohali, Punjab, India | |||
| Immicounsel Consultant Private Limited | ₹89.85 Lakh (FY 2024) | Amritsar, Punjab, India | ||||
| Coense Solutions Private Limited | ₹89.83 Lakh (FY 2024) | -17.0% | Mumbai, Maharashtra, India | |||
| Mona Miniatures Private Limited | ₹89.76 Lakh (FY 2025) | -93.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Float Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Float Technology Solutions 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 Float Technology Solutions 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 Float Technology Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Float Technology Solutions Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Ashay Bavishi was appointed as Additional Director on 20 Feb 2023.
Frequently asked questions
Float Technology Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 16 November 2022 (4+ years old) and is registered under CIN U72900GJ2022PTC136755.
Float Technology Solutions has 3 current directors:
- Vijay Kumar Sikka - Director
- Ashay Bavishi - Additional Director
- Sangeeta Bose - Director
The latest financial statements of Float Technology Solutions 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Float Technology Solutions is U72900GJ2022PTC136755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Float Technology Solutions was incorporated on 16 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Float Technology Solutions by revenue are Mentortech Collective Foundation, Globe View Technologies Private Limited, Kaleidostrat Private Limited, Kansai Wellness Private Limited, Onestop Blockchain & Cloud Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Ashay Bavishi was appointed as Additional Director on 20 Feb 2023. Sangeeta Bose was appointed as Director on 16 Nov 2022. Vijay Kumar Sikka was appointed as Director on 16 Nov 2022.
The registered office of Float Technology Solutions is at Satyam Corporate Square Block B S F BH Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380059.
Float Technology Solutions operates in the information technology industry, in the other computer related activities segment.
The compliance status of Float Technology Solutions is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
Float Technology Solutions can be reached at its registered office: Satyam Corporate Square Block B S F BH Rajpath Club Bodakdev, Ahmedabad, Gujarat, India – 380059.