About Heap Technologies Private Limited
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Heap Technologies Private Limited is a private limited company based in Navsari, Gujarat, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC105496. Its GSTIN is 24AAECH7369C1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jatinkumar Shantilal Shah and Kalpanaben Jatinkumar Shah.
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 19 Sardar Patel Society Shantadevi Road, Navsari, Gujarat, India – 396445.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.76 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Lakh (net margin -9.8%) and EBITDA of -₹1.54 Lakh (EBITDA margin -8.2%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 20% over five years.
The company is associated with 1 brand: Coursesity.
For more details, the company can be reached via its website coursesity.com.
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- Registered Address19 Sardar Patel Society Shantadevi Road, Navsari, Gujarat, India – 396445
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Financials of Heap Technologies Private Limited FY 2025 filings available
Heap Technologies Private Limited reported revenue of ₹18.76 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Heap Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 45% fall in the latest year. EBITDA fell 116% 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 Heap Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.84 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 Heap Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.8% | •••• | •••• | •••• | •••• |
| 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 Heap Technologies 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.
Auditor Details of Heap Technologies Private Limited
Auditor information for Heap Technologies Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Heap Technologies Private Limited
Heap Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatinkumar Shantilal Shah | Director | 07 Dec 2018 | 7 Years 10 Months | Current |
| Kalpanaben Jatinkumar Shah | Director | 07 Dec 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Heap Technologies 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 Heap Technologies Private Limited
Heap Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Heap Technologies Private Limited
Heap Technologies operates one associated brand: Coursesity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for discovering and accessing free and paid online courses worldwide. | coursesity.com |
Employees and EPFO Compliance at Heap Technologies Private Limited
Employment history and EPFO contributions of people linked to Heap Technologies.
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
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Recent Activity on Heap Technologies Private Limited
Heap Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jatinkumar Shantilal Shah was appointed as Director on 07 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Heap Technologies 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
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MSME Payment Delays by Heap Technologies 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
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Subsidiaries & Group Companies of Heap Technologies 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 Heap Technologies Private Limited
Heap Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH7369C1ZN | Gujarat | Active | 23 Nov 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 Heap Technologies 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 Heap Technologies Private Limited
Heap Technologies is an active private limited company based in Navsari, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 December 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC105496.
Heap Technologies reported revenue of ₹18.76 Lakh for FY 2025 (down 45% YoY).
Heap Technologies has 2 current directors:
- Jatinkumar Shantilal Shah - Director
- Kalpanaben Jatinkumar Shah - Director
Heap Technologies reported a net loss of ₹1.84 Lakh (net margin -9.8%) and EBITDA of -₹1.54 Lakh (EBITDA margin -8.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heap Technologies is -25% over three years and -20% over five years. In the latest year (FY 2025) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Heap Technologies is 24AAECH7369C1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Heap Technologies is U72900GJ2018PTC105496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heap Technologies was incorporated on 07 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jatinkumar Shantilal Shah was appointed as Director on 07 Dec 2018. Kalpanaben Jatinkumar Shah was appointed as Director on 07 Dec 2018.
Yes, Heap Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).