About Jibe Development Services Private Limited
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Jibe Development Services Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Jibe Llc. It operates in the business process outsourcing sector. It was incorporated on 11 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2014FTC257086. Its GSTIN is 27AADCJ4050H1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yariv Zghoul and Vijay Tukaram Narvekar.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.94 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.36 Cr (net margin 5.9%) and EBITDA of ₹2.3 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 19% over five years.
The company has about 105 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: JiBE. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jibe.com.sg.
Company details
Contact details
Jibe Development Services Private Limited's registered office is in Thane, Maharashtra. Its website is jibe.com.sg. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 1601 B 16th Floor, Rupa Renaissance Plot No. D33 & D207 Juinagar MIDC Road Ttc Industrial Area, Thane, Maharashtra, India – 400705
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Jibe Development Services 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
Brands
Jibe Development Services operates one associated brand: JiBE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based ERP for maritime and shipping management is provided. | jibe.com.sg |
Business activity
The main business activity of Jibe Development Services 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Jibe Development Services Private Limited, buy the company report.
Financials of Jibe Development Services Private Limited
FY 2024 filings availableJibe Development Services Private Limited reported revenue of ₹22.94 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.3 Cr | ||||
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| Net Profit (PAT) | ₹1.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of Jibe Development Services Private Limited, buy the company report.
Board of directors of Jibe Development Services Private Limited
Jibe Development Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yariv Zghoul | Director | 11 Aug 2014 | 12 Years 3 Months | Current |
| Vijay Tukaram Narvekar | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Jibe Development Services Private Limited is audited by S B S B AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B S B AND ASSOCIATES | FY 2023 | 012192S |
Shareholding
The shareholding of Jibe Development Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jibe Development Services Private Limited, buy the company report.
Legal cases
Jibe Development Services Private Limited has 3 court cases on record: 1 filed by Jibe Development Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Disposed |
To see the full case history of Jibe Development Services 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 Jibe Development Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Jibe Development Services Private Limited has a workforce of 105 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 105 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Jibe Development Services Private Limited, buy the company report.
GST
Jibe Development Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ4050H1ZQ | Maharashtra | Active | 21 Nov 2019 |
To see the full GST registrations and return filing status of Jibe Development Services Private Limited, buy the company report.
Recent activity
Jibe Development Services Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Vesta Mathew ceased to be Additional Director on 14 Feb 2025.
Frequently asked questions
Jibe Development Services is an active foreign private limited company based in Thane, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 11 August 2014 (12+ years old) and is registered under CIN U72200MH2014FTC257086.
Jibe Development Services has 2 current directors:
- Yariv Zghoul - Director
- Vijay Tukaram Narvekar - Director
The latest financial statements of Jibe Development Services 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 2015 are in the company report.
The GSTIN of Jibe Development Services is 27AADCJ4050H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jibe Development Services is U72200MH2014FTC257086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jibe Development Services has 3 court cases on record: 1 filed by the company and 2 filed against it.
Jibe Development Services was incorporated on 11 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Vesta Mathew ceased to be Additional Director on 14 Feb 2025. Vijay Tukaram Narvekar was appointed as Director on 14 Feb 2025. Bikash Chandra Panda ceased to be Director on 13 Mar 2022. Jibe Development Services has 6 board changes on record in total.
Jibe Development Services can be reached through the website jibe.com.sg. Its registered office is in Thane, Maharashtra, India.
The registered office of Jibe Development Services is at Unit No. 1601 B 16th Floor, Rupa Renaissance Plot No. D33 & D207 Juinagar MIDC Road Ttc Industrial Area, Thane, Maharashtra, India – 400705.
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