About Giift Plus India Private Limited
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Giift Plus India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gift Management Asia Pte. Ltd.. It operates in the customer loyalty and engagement solutions segment of the business services sector. It was incorporated on 27 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019FTC331334. Its GSTIN is 27AAHCG7125L1ZA (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sumit Kumar Khandelwal and Dugar Rabindra.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.69 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹69.63 Lakh (net margin 7.2%) and EBITDA of ₹1.05 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Giift.
For more details, the company can be reached via its website giift.com.
Company details
CIN history
Giift Plus India has one previous CIN (Corporate Identification Number): U74999DL2019FTC346684. The current CIN is U74999MH2019FTC331334, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2019FTC331334 | Current |
| U74999DL2019FTC346684 | Previous |
Contact details
Giift Plus India Private Limited's registered office is in Mumbai, Maharashtra. Its website is giift.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSmartworks Coworking Spaces Private Limited Fleet House 01st Floor Marol Naka Andheri E, Ast, Mumbai, Maharashtra, India – 400059
- IndustryBusiness Services, Customer Loyalty & Engagement Solutions
To see the full contact details of Giift Plus India 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 Giift Plus India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Giift Plus India Private Limited, buy the company report.
Financials of Giift Plus India Private Limited
FY 2024 filings availableGiift Plus India Private Limited reported revenue of ₹9.69 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over three years, including 22% growth in the latest year. EBITDA fell 11% 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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| EBITDA | ₹1.05 Cr | ||||
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| Net Profit (PAT) | ₹69.63 Lakh | ||||
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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 | 10.8% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Giift Plus India Private Limited, buy the company report.
Board of directors of Giift Plus India Private Limited
Giift Plus India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Kumar Khandelwal | Director | 27 Feb 2023 | 3 Years 8 Months | Current |
| Dugar Rabindra Also directs: Neha Mintage Private Limited | Additional Director | 20 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Giift Plus India Private Limited is audited by P SINGHANIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SINGHANIA & ASSOCIATES | FY 2023 | 138354W |
Shareholding
The shareholding of Giift Plus India Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Giift Plus India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Giift Plus India 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 Giift Plus India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Giift Plus India Private Limited has a workforce of 53 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 53 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Giift Plus India Private Limited, buy the company report.
GST
Giift Plus India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG7125L1ZA | Maharashtra | Active | 29 Jul 2019 |
To see the full GST registrations and return filing status of Giift Plus India Private Limited, buy the company report.
Recent activity
Giift Plus India Private Limited has 7 board changes on record since 2022: 2 appointments and 5 cessations. The latest: Dugar Rabindra was appointed as Additional Director on 20 Jan 2025.
News
Frequently asked questions
Giift Plus India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in customer loyalty and engagement solutions, within the business services industry. It was incorporated on 27 February 2019 (7+ years old) and is registered under CIN U74999MH2019FTC331334.
Giift Plus India has 2 current directors:
- Sumit Kumar Khandelwal - Director
- Dugar Rabindra - Additional Director
The latest financial statements of Giift Plus India 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 2019 are in the company report.
The GSTIN of Giift Plus India is 27AAHCG7125L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Giift Plus India is U74999MH2019FTC331334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giift Plus India was incorporated on 27 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Dugar Rabindra was appointed as Additional Director on 20 Jan 2025. Pascal Raoul Robert Xatart ceased to be Director on 20 Jan 2025. Laurent Olivier Wilfried Xatart ceased to be Director on 28 Nov 2024. Giift Plus India has 7 board changes on record in total.
Giift Plus India can be reached through the website giift.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Giift Plus India is at Smartworks Coworking Spaces Private Limited Fleet House 01st Floor Marol Naka Andheri E, Ast, Mumbai, Maharashtra, India – 400059.
Giift Plus India operates in the business services industry, in the customer loyalty and engagement solutions segment.
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