About Markstein Technology Solutions Private Limited
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Markstein Technology Solutions Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 04 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2009PTC022759. Its GSTIN is 23AAGCM3397K1Z5 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashank Rusiya and Sharada Gupta.
Its last annual general meeting (AGM) was held on 25 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 58 Balwant Nagar Morar, Gwalior, Madhya Pradesh, India – 474006.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.94 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹9.75 Lakh (net margin -122.8%) and EBITDA of -₹8.67 Lakh (EBITDA margin -109.2%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.
The company is associated with 2 brands: IITTM and Markstein Technology.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marksteintech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address58 Balwant Nagar Morar, Gwalior, Madhya Pradesh, India – 474006
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Markstein Technology Solutions Private Limited
The main business activity of Markstein Technology Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Markstein Technology Solutions Private Limited FY 2025 filings available
Markstein Technology Solutions Private Limited reported revenue of ₹7.94 Lakh (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Markstein Technology Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 85% fall in the latest year. EBITDA fell 254% 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 Markstein Technology Solutions 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 | -₹8.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.75 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Markstein Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -109.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -122.8% | •••• | •••• | •••• | •••• |
| 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 Markstein Technology Solutions are in the company report.
Financial statements from 2015
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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pramukh Infotech Private Limited | ₹7.97 Lakh (FY 2016) | •••• | •••• | 342.0% | •••• | Indore, Madhya Pradesh, India |
| Assurance Technologies Private Limited | ₹7.96 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Smackall Games Private Limited | ₹7.95 Lakh (FY 2016) | •••• | •••• | -80.0% | •••• | Chennai, Tamil Nadu, India |
| Intelliweb Software Solutions Private Limited | ₹7.95 Lakh (FY 2020) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Mindwings Software Private Limited | ₹7.94 Lakh (FY 2017) | •••• | •••• | 34.0% | •••• | Kolhapur, Maharashtra, India |
| Markstein Technology Solutions Private Limited this company | ₹7.94 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Gwalior, Madhya Pradesh, India |
| Media Isness Digital Technologies Private Limited | ₹7.92 Lakh (FY 2016) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| 9 Vite Digital Private Limited | ₹7.92 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Hoshangabad, Madhya Pradesh, India |
| Surajya Services Limited | ₹7.92 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Ahmedabad, Gujarat, India |
| Fortecon Technologies Private Limited | ₹7.91 Lakh (FY 2023) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Thinksolv Technologies (OPC) Private Limited | ₹7.91 Lakh (FY 2025) | •••• | •••• | 419.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Markstein Technology Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions Private Limited is audited by Rama K Gupta & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rama K Gupta & Co. | 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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Rusiya Also directs: Classcliq Solutions Private Limited | Director | 04 Dec 2009 | 16 Years 10 Months | Current |
| Sharada Gupta | Director | 04 Dec 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Markstein Technology Solutions 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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Markstein Technology Solutions Private Limited
Markstein Technology Solutions operates two associated brands: IITTM and Markstein Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive management courses through an educational institute. | iittm.ac.in | |
| Provides custom software solutions through focused application development services. | marksteintech.com |
Employees and EPFO Compliance at Markstein Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Markstein Technology Solutions.
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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Gitanjali Chourey ceased to be Director on 22 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Markstein Technology Solutions 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 Markstein Technology Solutions 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 Markstein Technology Solutions 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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCM3397K1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
| 09AAGCM3397K1ZV | Uttar Pradesh | Active | 24 Feb 2021 |
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 Markstein Technology Solutions 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 Markstein Technology Solutions Private Limited
Markstein Technology Solutions is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in consultancy, within the information technology industry. It was incorporated on 04 December 2009 (17+ years old) and is registered under CIN U72200MP2009PTC022759.
Markstein Technology Solutions reported revenue of ₹7.94 Lakh for FY 2024 (down 85% YoY).
Markstein Technology Solutions has 2 current directors:
- Shashank Rusiya - Director
- Sharada Gupta - Director
Markstein Technology Solutions reported a net loss of ₹9.75 Lakh (net margin -122.8%) and EBITDA of -₹8.67 Lakh (EBITDA margin -109.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Markstein Technology Solutions is -21% over three years and -9% over five years. In the latest year (FY 2024) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Markstein Technology Solutions is 23AAGCM3397K1Z5, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAGCM3397K1ZV (Uttar Pradesh).
The CIN (Corporate Identification Number) of Markstein Technology Solutions is U72200MP2009PTC022759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markstein Technology Solutions was incorporated on 04 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Markstein Technology Solutions by revenue are Pramukh Infotech Private Limited, Assurance Technologies Private Limited, Smackall Games Private Limited, Intelliweb Software Solutions Private Limited, Mindwings Software Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Gitanjali Chourey ceased to be Director on 22 Mar 2019. Sharada Gupta was appointed as Director on 04 Dec 2009. Shashank Rusiya was appointed as Director on 04 Dec 2009.
Markstein Technology Solutions can be reached through the website marksteintech.com. Its registered office is in Gwalior, Madhya Pradesh, India.