About Gipass Engineering Services Private Limited
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Gipass Engineering Services Private Limited is a private limited company based in Kolar, Karnataka, India. It operates in the engineering sector. It was incorporated on 21 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC116736. Its GSTIN is 29AAHCG4665K1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Gopal Shetty and Pragna Shetty.
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 Kolar, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.31 Lakh (net margin -35.2%) and EBITDA of -₹12.6 Lakh (EBITDA margin -33.3%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gipass. Court records list 1 case involving the company, including 1 filed by the company.
For more details, the company can be reached via its website gipassgroup.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No 623 The Empyrean Survey No – 33/4 Jagadenahalli Village, Lakkur Hobli Malur Taluk, Kolar, Karnataka, India – 563163
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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 Gipass Engineering Services Private Limited
The main business activity of Gipass Engineering Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis 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 Gipass Engineering Services Private Limited FY 2025 filings available
Gipass Engineering Services Private Limited reported revenue of ₹37.79 Lakh (up 232% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gipass Engineering Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 232% growth in the latest year. EBITDA fell 53% 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 of Gipass Engineering Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹12.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.31 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 Gipass Engineering Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -35.2% | •••• | •••• | •••• | •••• |
| 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 Gipass Engineering Services are in the company report.
Financial statements from FY 2019
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 Gipass Engineering Services Private Limited
Gipass Engineering Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MXQ India Private Limited | ₹38.21 Lakh (FY 2022) | •••• | •••• | 303.0% | •••• | Chennai, Tamil Nadu, India |
| Nirali Builders Private Limited | ₹38.2 Lakh (FY 2025) | •••• | •••• | 522.0% | •••• | Mumbai, Maharashtra, India |
| Dmic Pithampur Jal Prabandhan Limited | ₹38.13 Lakh (FY 2019) | •••• | •••• | 52.0% | •••• | Indore, Madhya Pradesh, India |
| Sunson Energy Devices Private Limited | ₹38.09 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Priyaa Boilars Private Limited | ₹37.8 Lakh (FY 2025) | •••• | •••• | 17235.0% | •••• | Mathur, Tamil Nadu, India |
| Gipass Engineering Services Private Limited this company | ₹37.79 Lakh (FY 2024) | •••• | •••• | 232.0% | •••• | Kolar, Karnataka, India |
| PNP Industries India Private Limited | ₹37.73 Lakh (FY 2025) | •••• | •••• | 204.0% | •••• | Thane, Maharashtra, India |
| Ralton Engineering and Construction (OPC) Private Limited | ₹37.65 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | Kanyakumari, Tamil Nadu, India |
| Titus Infra and Technologies Private Limited | ₹37.6 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Amit Singla & Associates Engineering Consultants Private Limited | ₹37.57 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Chandigarh, India |
| Combustion Technologies Private Limited | ₹37.52 Lakh (FY 2019) | •••• | •••• | -79.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Gipass Engineering Services by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Gipass Engineering Services Private Limited
Gipass Engineering Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Gopal Shetty | Director | 21 Sep 2018 | 8 Years 0 Months | Current |
| Pragna Shetty | Director | 21 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Gipass Engineering Services 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 Gipass Engineering Services Private Limited
Gipass Engineering Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Gipass Engineering Services Private Limited
Gipass Engineering Services Private Limited has 1 court case on record: 1 filed by Gipass Engineering Services. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Gipass Engineering Services Private Limited
Gipass Engineering Services operates one associated brand: GIPASS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering services in industrial automation, security, and building systems. | gipassgroup.com |
Employees and EPFO Compliance at Gipass Engineering Services Private Limited
Gipass Engineering Services Private Limited has a workforce of 7 employees as of Apr 09, 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 Gipass Engineering Services Private Limited
Gipass Engineering Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Arun Gopal Shetty was appointed as Director on 21 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Gipass Engineering Services 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 Gipass Engineering Services 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 Gipass Engineering Services 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 Gipass Engineering Services Private Limited
Gipass Engineering Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG4665K1Z1 | Karnataka | Active | 18 May 2019 |
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 Gipass Engineering Services 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 Gipass Engineering Services Private Limited
Gipass Engineering Services is an active private limited company based in Kolar, Karnataka, India. The company works in the engineering industry. It was incorporated on 21 September 2018 (8+ years old) and is registered under CIN U74999KA2018PTC116736.
Gipass Engineering Services reported revenue of ₹37.79 Lakh for FY 2024 (up 232% YoY).
Gipass Engineering Services has 2 current directors:
- Arun Gopal Shetty - Director
- Pragna Shetty - Director
Gipass Engineering Services reported a net loss of ₹13.31 Lakh (net margin -35.2%) and EBITDA of -₹12.6 Lakh (EBITDA margin -33.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gipass Engineering Services is 43% over three years. In the latest year (FY 2024) revenue rose 232%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gipass Engineering Services is 29AAHCG4665K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Gipass Engineering Services is U74999KA2018PTC116736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gipass Engineering Services has 1 court case on record: 1 filed by the company.
Gipass Engineering Services was incorporated on 21 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gipass Engineering Services by revenue are MXQ India Private Limited, Nirali Builders Private Limited, Dmic Pithampur Jal Prabandhan Limited, Sunson Energy Devices Private Limited, Priyaa Boilars Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).
Arun Gopal Shetty was appointed as Director on 21 Sep 2018. Pragna Shetty was appointed as Director on 21 Sep 2018.