- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-06-0010049

About Gyftm Technologies Private Limited
Data last updated:
Gyftm Technologies Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 08 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36990GJ2020PTC111958. Its GSTIN is 24AAICG1691E1ZR (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bijalben Devendrabhai Barot and Maulin Devendrabhai Randeriya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 334 – Shilpi Square Dahej Bypass, Bharuch, Gujarat, India – 392012.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹24.64 Lakh (net margin 19.1%) and EBITDA of ₹41.46 Lakh (EBITDA margin 32.1%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Gyftm Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0010049). For more details, the company can be reached via its website gyftm.in.
Company details
Recognitions & Rankings of Gyftm Technologies
Contact details
Gyftm Technologies Private Limited's registered office is in Bharuch, Gujarat. Its website is gyftm.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address334 – Shilpi Square Dahej Bypass, Bharuch, Gujarat, India – 392012
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Gyftm Technologies 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 Gyftm Technologies is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Gyftm Technologies Private Limited, buy the company report.
Financials of Gyftm Technologies Private Limited
FY 2022 filings availableGyftm Technologies Private Limited reported revenue of ₹1.29 Cr (up 323% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 323% in the latest year. EBITDA rose 413% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.29 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹41.46 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹24.64 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 32.1% | ||
| Net Profit Margin | 19.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Gyftm Technologies Private Limited, buy the company report.
Board of directors of Gyftm Technologies Private Limited
Gyftm Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijalben Devendrabhai Barot Also directs: Sanj Fintech Private Limited | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
| Maulin Devendrabhai Randeriya Also directs: Sanj Fintech Private Limited, Eze Home Automation Private Limited, Gyftm Labs (OPC) Private Limited and 1 more | Director | 08 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Gyftm Technologies Private Limited is audited by NARIYA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARIYA & ASSOCIATES | FY 2022 | 146702W |
Shareholding
The shareholding of Gyftm Technologies Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gyftm Technologies Private Limited, buy the company report.
Legal cases
Gyftm Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Balaji Travels Services | Pending |
To see the full case history of Gyftm Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gyftm Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gyftm Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG1691E1ZR | Gujarat | Active | 30 Jan 2020 |
To see the full GST registrations and return filing status of Gyftm Technologies Private Limited, buy the company report.
Recent activity
Gyftm Technologies Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Bijalben Devendrabhai Barot ceased to be Additional Director on 31 Dec 2021.
Frequently asked questions
Gyftm Technologies is an active private limited company based in Bharuch, Gujarat, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 08 January 2020 (6+ years old) and is registered under CIN U36990GJ2020PTC111958.
Gyftm Technologies has 2 current directors:
- Bijalben Devendrabhai Barot - Director
- Maulin Devendrabhai Randeriya - Director
The latest financial statements of Gyftm Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gyftm Technologies is 24AAICG1691E1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Gyftm Technologies is U36990GJ2020PTC111958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gyftm Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Gyftm Technologies was incorporated on 08 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bijalben Devendrabhai Barot ceased to be Additional Director on 31 Dec 2021. Shivam Garg ceased to be Director on 06 Jul 2020. Bijalben Devendrabhai Barot was appointed as Director on 04 Jul 2020. Gyftm Technologies has 4 board changes on record in total.
Yes, Gyftm Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0010049).
Gyftm Technologies can be reached through the website gyftm.in. Its registered office is in Bharuch, Gujarat, India.