Hyplap IT Solution Private Limited
About Hyplap IT Solution Private Limited
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Hyplap IT Solution Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2018PTC317150. Its GSTIN is 27AAECH7167G1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shreyas Sunil Munot and Rishabh Mahendra Katariya.
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 Flat No 8 Anant Dhan Joshi Ali, Panvel, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.49 Lakh, a growth of 149% compared to the previous year. For the same year it recorded a net loss of ₹10.15 Lakh (net margin -28.6%) and EBITDA of -₹4.28 Lakh (EBITDA margin -12.1%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years and 78% over five years.
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- Registered AddressFlat No 8 Anant Dhan Joshi Ali, Panvel, Maharashtra, India – 410206
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Business Activity of Hyplap IT Solution Private Limited
The main business activity of Hyplap IT Solution is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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 Hyplap IT Solution Private Limited FY 2025 filings available
Hyplap IT Solution Private Limited reported revenue of ₹35.49 Lakh (up 149% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hyplap IT Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years, including 149% growth in the latest year. EBITDA fell 6% 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 Hyplap IT Solution 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 | -₹4.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.15 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 Hyplap IT Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -28.6% | •••• | •••• | •••• | •••• |
| 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 Hyplap IT Solution 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 Hyplap IT Solution Private Limited
Hyplap IT Solution Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Luv Kush Technologies Private Limited | ₹35.52 Lakh (FY 2017) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Blockmatrix Technologies Private Limited | ₹35.51 Lakh (FY 2025) | •••• | •••• | 1320.0% | •••• | Beed, Maharashtra, India |
| Beyotomo Services (OPC) Private Limited | ₹35.51 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| A 2 Z Management Consultancy Private Limited | ₹35.5 Lakh (FY 2017) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Datanoveltech Private Limited | ₹35.5 Lakh (FY 2025) | •••• | •••• | 12127.0% | •••• | Nandyal, Andhra Pradesh, India |
| Hyplap IT Solution Private Limited this company | ₹35.49 Lakh (FY 2024) | •••• | •••• | 149.0% | •••• | Panvel, Maharashtra, India |
| U N Infotech Private Limited | ₹35.49 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Karnal, Haryana, India |
| Vaahini Software Private Limited | ₹35.48 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Deltally Software Solutions Private Limited | ₹35.48 Lakh (FY 2024) | •••• | •••• | 32.0% | •••• | Pune, Maharashtra, India |
| Raabta Media and Technologies Private Limited | ₹35.48 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | Mohali, Punjab, India |
| Opennimbus Private Limited | ₹35.47 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Hyplap IT Solution by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hyplap IT Solution Private Limited
Hyplap IT Solution Private Limited is audited by A G M G AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A G M G AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hyplap IT Solution Private Limited
Hyplap IT Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyas Sunil Munot | Director | 16 Nov 2018 | 7 Years 10 Months | Current |
| Rishabh Mahendra Katariya | Director | 16 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Hyplap IT Solution 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 Hyplap IT Solution Private Limited
Hyplap IT Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hyplap IT Solution Private Limited
Employment history and EPFO contributions of people linked to Hyplap IT Solution.
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 Hyplap IT Solution Private Limited
Hyplap IT Solution Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Rishabh Mahendra Katariya was appointed as Director on 16 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Hyplap IT Solution 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 Hyplap IT Solution 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 Hyplap IT Solution 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 Hyplap IT Solution Private Limited
Hyplap IT Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH7167G1ZD | Maharashtra | Active | 07 Jan 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 Hyplap IT Solution 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 Hyplap IT Solution Private Limited
Hyplap IT Solution is an active private limited company based in Panvel, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 November 2018 (8+ years old) and is registered under CIN U72501MH2018PTC317150.
Hyplap IT Solution reported revenue of ₹35.49 Lakh for FY 2024 (up 149% YoY).
Hyplap IT Solution has 2 current directors:
- Shreyas Sunil Munot - Director
- Rishabh Mahendra Katariya - Director
Hyplap IT Solution reported a net loss of ₹10.15 Lakh (net margin -28.6%) and EBITDA of -₹4.28 Lakh (EBITDA margin -12.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hyplap IT Solution is 147% over three years and 78% over five years. In the latest year (FY 2024) revenue rose 149%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hyplap IT Solution is 27AAECH7167G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hyplap IT Solution is U72501MH2018PTC317150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hyplap IT Solution was incorporated on 16 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hyplap IT Solution by revenue are Luv Kush Technologies Private Limited, Blockmatrix Technologies Private Limited, Beyotomo Services (OPC) Private Limited, A 2 Z Management Consultancy Private Limited, Datanoveltech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Rishabh Mahendra Katariya was appointed as Director on 16 Nov 2018. Shreyas Sunil Munot was appointed as Director on 16 Nov 2018.
The registered office of Hyplap IT Solution is at Flat No 8 Anant Dhan Joshi Ali, Panvel, Maharashtra, India – 410206.