About Shift India Private Limited
Data last updated:
Shift India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Shift Inc, Japan. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 18 April 2012.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2012FTC143023. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Manisha Sudhir Ohol and Masakazu Suga.
Its last annual general meeting (AGM) was held on 19 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 413 4th Floor City Square Behind The Pride Hotel Next To Zenith Hotel Shivajinagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.27 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹16.16 Lakh (net margin 7.1%) and EBITDA of ₹32.31 Lakh (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company had about 11 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is shiftinc.jp.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address413 4th Floor City Square Behind The Pride Hotel Next To Zenith Hotel Shivajinagar, Pune, Maharashtra, India – 411005
- 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
- One PDF report, delivered after checkout
Business Activity of Shift India Private Limited
The main business activity of Shift India 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 | J6 | 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 Shift India Private Limited FY 2019 filings available
Shift India Private Limited reported revenue of ₹2.27 Cr (down 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Shift India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 21% fall in the latest year. EBITDA fell 38% 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 Shift India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹32.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.16 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 Shift India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| 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 Shift India 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 Shift India Private Limited
Shift India 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 |
|---|---|---|---|---|---|---|
| In-Tap Technologies Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| R-Mak Solutions (OPC) Private Limited | ₹2.27 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Mohali, Punjab, India |
| Ioanyt Innovations Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Indirapuram, Uttar Pradesh, India |
| Growvy Technology Private Limited | ₹2.27 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Cuttack, Odisha, India |
| Brooks & Herons (OPC) Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Ernakulam, Kerala, India |
| Shift India Private Limited this company | ₹2.27 Cr (FY 2019) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Nimbusnext Aitech India Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | Pune, Maharashtra, India |
| Softgen Technologies Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 122.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ispeck Digital Solutions Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Micra Infotech Solutions Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Parcelhero Technologies Private Limited | ₹2.27 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Shift India 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 Shift India Private Limited
Shift India Private Limited is audited by Udyen Jain & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Udyen Jain & 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 Shift India Private Limited
Shift India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Sudhir Ohol | Director | 09 Mar 2018 | 8 Years 7 Months | As last reported |
| Masakazu Suga Also directs: Enkinlab India Private Limited | Director | 15 Apr 2015 | 11 Years 5 Months | As last reported |
Ownership and Shareholding of Shift India 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 Shift India Private Limited
Shift India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shift India Private Limited
Shift India Private Limited has a workforce of 11 employees as of Apr 08, 2024.
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 Shift India Private Limited
Shift India Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Osamu Suzuki ceased to be Director on 28 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Shift India 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 Shift India 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 Shift India 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 Shift India Private Limited
Shift India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Shift India 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 Shift India Private Limited
Shift India has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Shift India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in consultancy, within the information technology industry. It was incorporated on 18 April 2012 and is registered under CIN U74999PN2012FTC143023. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Shift India was incorporated on 18 April 2012. It is registered with the Registrar of Companies, Pune.
Shift India had 2 directors:
- Manisha Sudhir Ohol - Director
- Masakazu Suga - Director
The CIN (Corporate Identification Number) of Shift India is U74999PN2012FTC143023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shift India is at 413 4th Floor City Square Behind The Pride Hotel Next To Zenith Hotel Shivajinagar, Pune, Maharashtra, India – 411005.
Shift India can be reached through the website shiftinc.jp. Its registered office is in Pune, Maharashtra, India.
Shift India reported revenue of ₹2.27 Cr for FY 2019 (down 21% YoY).
Shift India has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Shift India reported a net profit of ₹16.16 Lakh (net margin 7.1%) and EBITDA of ₹32.31 Lakh (EBITDA margin 14.2%) for FY 2019, as per its filed financial statements.
No. Shift India has 1 GST registration on record and it is cancelled or inactive.