About Shopify Commerce India Private Limited
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Shopify Commerce India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Shopify International Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 15 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017FTC102908. Its GSTIN is 29AAYCS6474K1Z5 (Karnataka).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Gopika Purdhani and Bharati Balakrishnan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.01 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 4.7%) and EBITDA of ₹9.03 Cr (EBITDA margin 23.7%). Revenue has grown at a compounded annual rate (CAGR) of 986% over three years and 18% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shopify. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in September 2019. Its 10 peer companies in the same principal business activity (retail trading) are compared by revenue, 5 larger and 5 smaller; the largest is Ocean Blue Boating Private Limited with revenue of ₹38.03 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shopify.com.
Company details
Contact details
Shopify Commerce India Private Limited's registered office is in Bangalore, Karnataka. Its website is shopify.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.101 1st Floor Copper Arch, Infantry Road Mahatma Gandhi Road, Bangalore, Karnataka, India – 560001
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Shopify Commerce India 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
Shopify Commerce India operates one associated brand: Shopify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| E-commerce storefront solutions are provided for online businesses. | shopify.com |
Business activity
The main business activity of Shopify Commerce India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shopify Commerce India Private Limited, buy the company report.
Financials of Shopify Commerce India Private Limited
FY 2025 filings availableShopify Commerce India Private Limited reported revenue of ₹38.01 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 6% growth in the latest year. EBITDA rose 36% 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 | ₹9.03 Cr | ||||
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| Net Profit (PAT) | ₹1.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.7% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Shopify Commerce India Private Limited, buy the company report.
Board of directors of Shopify Commerce India Private Limited
Shopify Commerce India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopika Purdhani | Director | 22 Apr 2022 | 4 Years 6 Months | Current |
| Bharati Balakrishnan | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
| Aparna Subramanian | Director | 29 Sep 2025 | 1 Years 0 Months | Current |
Peer comparison
Shopify Commerce India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ocean Blue Boating Private Limited | ₹38.03 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Shopify Commerce India Private Limitedthis company | ₹38.01 Cr (FY 2025) | ₹1.78 Cr | 4.7% | 6.0% | 26 | Bangalore, Karnataka, India |
| Swarnbhadra Retail Private Limited | ₹38.01 Cr (FY 2025) | -3.0% | Howrah, West Bengal, India | |||
| Jalan Autolink Private Limited | ₹38 Cr (FY 2025) | 16.0% | Giridih, Jharkhand, India | |||
| Indwell Retail Private Limited | ₹37.99 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Venti Oelde India Private Limited | ₹37.98 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Unz Trade Wings Private Limited | ₹37.97 Cr (FY 2025) | 110.0% | Lucknow, Uttar Pradesh, India | |||
| Ear Solutions Private Limited | ₹37.96 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| TGR Trades Private Limited | ₹37.95 Cr (FY 2024) | -11.0% | Ernakulam, Kerala, India | |||
| Chawla Riders Private Limited | ₹37.94 Cr (FY 2025) | 26.0% | Faizabad, Uttar Pradesh, India | |||
| Jupiter Biolabs Private Limited | ₹37.91 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shopify Commerce India Private Limited, buy the company report.
Auditor
Shopify Commerce India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E |
Shareholding
The shareholding of Shopify Commerce India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shopify Commerce India Private Limited, buy the company report.
Deals & funding
Shopify Commerce India Private Limited has 1 deal on record (1 rights issue); the latest was in September 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Rights issue | ₹5.52 Cr | Investors: Shopify International Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shopify Commerce India Private Limited has 4 court cases on record: 1 filed by Shopify Commerce India, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Zestard Technologies Private Limited | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Commercial Taxes | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company | Disposed |
To see the full case history of Shopify Commerce India 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
Shopify Commerce India Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
To see the full MSME payment records of Shopify Commerce India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shopify Commerce India Private Limited has a workforce of 26 employees on its EPFO records as of Feb 10, 2026, across 1 active EPFO establishment.
GST
Shopify Commerce India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS6474K1Z5 | Karnataka | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Shopify Commerce India Private Limited, buy the company report.
Recent activity
Shopify Commerce India Private Limited has 11 board changes on record since 2018: 3 appointments and 8 cessations. The latest: Aparna Subramanian was appointed as Director on 29 Sep 2025.
2 earlier events are in the company report.
News
Frequently asked questions
Shopify Commerce India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 15 May 2017 (9+ years old) and is registered under CIN U74999KA2017FTC102908.
Shopify Commerce India has 3 current directors:
- Gopika Purdhani - Director
- Bharati Balakrishnan - Director
- Aparna Subramanian - Director
The latest financial statements of Shopify Commerce India 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 2018 are in the company report.
The GSTIN of Shopify Commerce India is 29AAYCS6474K1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Shopify Commerce India is U74999KA2017FTC102908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shopify Commerce India has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Shopify Commerce India was incorporated on 15 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Shopify Commerce India has 1 deal on record (1 rights issue); the latest was in September 2019.
The peers of Shopify Commerce India by revenue are Ocean Blue Boating Private Limited, Swarnbhadra Retail Private Limited, Jalan Autolink Private Limited, Indwell Retail Private Limited, Venti Oelde India Private Limited and 5 more, all in the same principal business activity (retail trading).
Aparna Subramanian was appointed as Director on 29 Sep 2025. Gopika Purdhani ceased to be Additional Director on 27 Sep 2022. Sakshi Agarwal ceased to be Additional Director on 27 Sep 2022. Shopify Commerce India has 11 board changes on record in total.
Shopify Commerce India has 5 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 7 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Shopify Commerce India can be reached through the website shopify.com. Its registered office is in Bangalore, Karnataka, India.