About Offshore Evolution Private Limited
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Offshore Evolution Private Limited is a private limited company based in Ghuma, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2014PTC078708. Its GSTIN is 24AABCO9801F1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Asif Dilawarbhai Khalyani and Dipeshbhai Sanjaybhai Patel.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 25 Vraujnandan Ghuma, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 1.8%) and EBITDA of ₹3.89 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company is associated with 1 brand: Offshore Evolution.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website offshoreevolution.com.
Company details
Contact details
Offshore Evolution Private Limited's registered office is in Ghuma, Gujarat. Its website is offshoreevolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address25 Vraujnandan Ghuma, Gujarat, India – 380058
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Offshore Evolution 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
Offshore Evolution operates one associated brand: Offshore Evolution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of CRM, ERP, and IT solutions across various industries. | offshoreevolution.com |
Business activity
The main business activity of Offshore Evolution 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 Offshore Evolution Private Limited, buy the company report.
Financials of Offshore Evolution Private Limited
FY 2025 filings availableOffshore Evolution Private Limited reported revenue of ₹1.02 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 34% 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 | ₹3.89 Lakh | ||||
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| Net Profit (PAT) | ₹1.83 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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| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Offshore Evolution Private Limited, buy the company report.
Board of directors of Offshore Evolution Private Limited
Offshore Evolution 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 |
|---|---|---|---|---|
| Asif Dilawarbhai Khalyani | Director | 12 Feb 2014 | 12 Years 8 Months | Current |
| Dipeshbhai Sanjaybhai Patel | Director | 12 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Offshore Evolution Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Aritone Global Ventures Limited | ₹1.02 Cr (FY 2024) | -53.0% | Delhi, India | |||
| Url Factory Private Limited | ₹1.02 Cr (FY 2024) | 87.0% | Salem, Tamil Nadu, India | |||
| Niraja Research & Technologies Private Limited | ₹1.02 Cr (FY 2022) | 147.0% | Hyderabad, Telangana, India | |||
| PRR Scribe Solutions Private Limited | ₹1.02 Cr (FY 2024) | 147.0% | Chennai, Tamil Nadu, India | |||
| Medrec Technologies Private Limited | ₹1.02 Cr (FY 2021) | -19.0% | Jehanabad, Bihar, India | |||
| Offshore Evolution Private Limitedthis company | ₹1.02 Cr (FY 2025) | ₹1.83 Lakh | 1.8% | -14.0% | Ghuma, Gujarat, India | |
| Webinfinite Solutions Private Limited | ₹1.02 Cr (FY 2025) | 120.0% | Raman Mandi, Punjab, India | |||
| Sfcprisms Solutions Private Limited | ₹1.02 Cr (FY 2022) | 28.0% | Patna, Bihar, India | |||
| Cncdata Insights Private Limited | ₹1.02 Cr (FY 2024) | -3.0% | Ernakulam, Kerala, India | |||
| Oztek Software Private Limited | ₹1.02 Cr (FY 2024) | -20.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Offshore Evolution Private Limited, buy the company report.
Auditor
Offshore Evolution Private Limited is audited by NITIN SONI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN SONI & ASSOCIATES | FY 2017 | 125535W |
Shareholding
The shareholding of Offshore Evolution Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Offshore Evolution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Offshore Evolution 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 Offshore Evolution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Offshore Evolution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCO9801F1ZO | Gujarat | Active | 02 May 2022 |
To see the full GST registrations and return filing status of Offshore Evolution Private Limited, buy the company report.
Recent activity
Offshore Evolution Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Paresh Mathukia ceased to be Director on 01 Dec 2016.
Frequently asked questions
Offshore Evolution is an active private limited company based in Ghuma, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 February 2014 (12+ years old) and is registered under CIN U72200GJ2014PTC078708.
Offshore Evolution has 2 current directors:
- Asif Dilawarbhai Khalyani - Director
- Dipeshbhai Sanjaybhai Patel - Director
The latest financial statements of Offshore Evolution on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Offshore Evolution is 24AABCO9801F1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Offshore Evolution is U72200GJ2014PTC078708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Offshore Evolution was incorporated on 12 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Offshore Evolution by revenue are Aritone Global Ventures Limited, Url Factory Private Limited, Niraja Research & Technologies Private Limited, PRR Scribe Solutions Private Limited, Medrec Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Paresh Mathukia ceased to be Director on 01 Dec 2016. Asif Dilawarbhai Khalyani was appointed as Director on 12 Feb 2014. Dipeshbhai Sanjaybhai Patel was appointed as Director on 12 Feb 2014.
Offshore Evolution can be reached through the website offshoreevolution.com. Its registered office is in Ghuma, Gujarat, India.
The registered office of Offshore Evolution is at 25 Vraujnandan Ghuma, Gujarat, India – 380058.
Offshore Evolution operates in the information technology industry, in the application development and software solutions segment.
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