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Mehta Expai Technologies Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.28 Cr
▲ 33% YoY
Net loss · FY 2025
₹7.5 Lakh
Net margin -3.3%
EBITDA · FY 2025
-₹7.72 Lakh
EBITDA margin -3.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
13
Provident fund records
Directors on board
2
As per MCA filings
About Mehta Expai Technologies Private Limited
Data last updated:
Mehta Expai Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC103277. Its GSTIN is 24AAFCE1152R1ZH (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Expai Solutions Private Limited. It is led by directors Raj S Mehta and Shailesh Narayanchand Mehta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹7.5 Lakh (net margin -3.3%) and EBITDA of -₹7.72 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 71% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website expai.tech.
Company details
CIN U72900GJ2018PTC103277
Registration Number 103277
Incorporation Date 16 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mehta Expai Technologies
Contact details
Mehta Expai Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is expai.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor – 4 C/O Sumel Complex Nr. Tej Motors, Gandhinagar – Sarkhej Highway, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mehta Expai Technologies Private Limited, buy the company report.
Comprehensive company report
Mehta Expai Technologies Private Limited - one report that includes everything
- 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
The main business activity of Mehta Expai Technologies 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Mehta Expai Technologies Private Limited, buy the company report.
Financials of Mehta Expai Technologies Private Limited
FY 2025 filings availableMehta Expai Technologies Private Limited reported revenue of ₹2.28 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹2.28 Cr ▲ 33%
Net loss · FY 2025
₹7.5 Lakh margin -3.3%
EBITDA · FY 2025
-₹7.72 Lakh margin -3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 71%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 323%
3 years · compounded
▼ 81%
5 years · compounded
▼ 91%
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 33% growth in the latest year. EBITDA fell 323% 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 | -₹7.72 Lakh | ||||
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| Net Profit (PAT) | -₹7.5 Lakh | ||||
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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 | -3.4% | ||||
| Net Profit Margin | -3.3% | ||||
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To see the full financial statements and ratios of Mehta Expai Technologies Private Limited, buy the company report.
Board of directors of Mehta Expai Technologies Private Limited
Mehta Expai Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj S Mehta | Director | 15 Dec 2020 | 5 Years 10 Months | Current |
| Shailesh Narayanchand Mehta Also directs: Spectron Lasers LLP, Mehta Hightech Channels LLP, Mehta Mechatronix Private Limited and 2 more | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Mehta Expai Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Artificial Intelligence industry (AI Technologies), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Togai Technologies Private Limited | ₹2.51 Cr (FY 2025) | -74.0% | Chennai, Tamil Nadu, India | |||
| Mehta Expai Technologies Private Limitedthis company | ₹2.28 Cr (FY 2025) | -₹7.5 Lakh | -3.3% | 33.0% | 13 | Ahmedabad, Gujarat, India |
| Investorai Technologies India Private Limited | ₹2.22 Cr (FY 2024) | Bangalore, Karnataka, India | ||||
| Natrinai Technologies Private Limited | ₹2.12 Cr (FY 2025) | 96.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mehta Expai Technologies Private Limited, buy the company report.
Auditor
Mehta Expai Technologies Private Limited is audited by NIMESH M SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIMESH M SHAH & CO | FY 2022 | 115204W |
Shareholding
The shareholding of Mehta Expai Technologies Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mehta Expai Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mehta Expai Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mehta Expai Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mehta Expai Technologies Private Limited has a workforce of 13 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
18.18%
GST
Mehta Expai Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE1152R1ZH | Gujarat | Active | 15 Apr 2019 |
To see the full GST registrations and return filing status of Mehta Expai Technologies Private Limited, buy the company report.
Recent activity
Mehta Expai Technologies Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Raj S Mehta ceased to be Director on 06 Apr 2025.
AGM
Mehta Expai Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Raj S Mehta ceased to be Director.
Filing
Mehta Expai Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Shailesh Narayanchand Mehta was appointed as Director.
Ceased
Vishal Dashrathbhai Patel ceased to be Director.
Ceased
Ankitkumar Vinodkumar Patel ceased to be Director.
Ceased
Bina Vishalkumar Patel ceased to be Director.
Appointed
Raj S Mehta was appointed as Director.
Incorporation
16 Jul 2018
Mehta Expai Technologies Private Limited was registered on 16 Jul 2018 with Roc Ahmedabad & aged 8 years 3 months as per MCA records.
Frequently asked questions
Mehta Expai Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC103277.
Mehta Expai Technologies has 2 current directors:
- Raj S Mehta - Director
- Shailesh Narayanchand Mehta - Director
The latest financial statements of Mehta Expai Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mehta Expai Technologies is 24AAFCE1152R1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Mehta Expai Technologies is U72900GJ2018PTC103277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Expai Technologies was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mehta Expai Technologies by revenue are Togai Technologies Private Limited, Investorai Technologies India Private Limited, Natrinai Technologies Private Limited, all in the Artificial Intelligence industry (AI Technologies), with the same principal business activity (computer programming, consultancy and related activities).
Raj S Mehta ceased to be Director on 06 Apr 2025. Shailesh Narayanchand Mehta was appointed as Director on 15 Dec 2022. Vishal Dashrathbhai Patel ceased to be Director on 15 Dec 2022. Mehta Expai Technologies has 6 board changes on record in total.
Yes, Mehta Expai Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mehta Expai Technologies can be reached through the website expai.tech. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Mehta Expai Technologies is at 2nd Floor – 4 CO Sumel Complex Nr. Tej Motors, Gandhinagar – Sarkhej Highway, Ahmedabad, Gujarat, India – 380054.