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Startup India
Shoption Private Limited - e-commerce in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹72.66 Cr
▲ 174% YoY
Net profit · FY 2024
₹8.47 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹18.81 Lakh
EBITDA margin 0.3%
Authorised capital
₹13.2 Lakh
Registered with MCA
Paid-up capital
₹1.12 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Shoption Private Limited
Data last updated:
Shoption Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 25 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2019PTC185687. Its GSTIN is 27ABCCS4105L1ZB (Maharashtra).
The company has an authorised share capital of ₹13.2 Lakh and a paid-up capital of ₹1.12 Lakh. It is led by directors Sharad Ramdas Kale and Somnath Dattatrya Shendage.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.47 Lakh (net margin 0.1%) and EBITDA of ₹18.81 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 607% over three years.
The company is associated with 1 brand: Shoption. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.06 Cr; the latest was in March 2024. Its 10 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 5 larger and 5 smaller; the largest is MSV Gadgets Private Limited with revenue of ₹75.48 Cr.
Shoption Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0410059). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shoption.in.
Company Details of Shoption Private Limited
CIN U51909PN2019PTC185687
Registration Number 185687
Incorporation Date 25 July 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0410059
Recognitions & Rankings of Shoption
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0410059
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressSr. No.133/3/9, Behind Laxmi Hotel, Pune, Maharashtra, India – 412308
- IndustryE-Commerce, Online Automotive Platforms
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Associated Brands with Shoption Private Limited
Shoption operates one associated brand: Shoption. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Irrigation products and equipment are traded via a B2B platform. | shoption.in |
Business Activity of Shoption Private Limited
The main business activity of Shoption is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Shoption Private Limited FY 2024 filings available
Shoption Private Limited reported revenue of ₹72.66 Cr (up 174% YoY) for FY 2024.
Revenue · FY 2024
₹72.66 Cr ▲ 174%
Net profit · FY 2024
₹8.47 Lakh margin 0.1%
EBITDA · FY 2024
₹18.81 Lakh margin 0.3%
Compounded Annual Growth Rate (CAGR) of Shoption Private Limited
Revenue CAGR growth
1 year
▲ 174%
3 years · compounded
▲ 607%
EBITDA CAGR growth
3 years · compounded
▲ 57%
Revenue has grown at a compounded annual rate (CAGR) of 607% over three years, including 174% growth 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 Shoption 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 | ₹18.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.47 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 Shoption Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Shoption are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Shoption Private Limited
Shoption has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Ramdas Kale Also directs: Starity Tech Solutions Private Limited | Director | 25 Jul 2019 | 7 Years 2 Months | Current |
| Somnath Dattatrya Shendage | Additional Director | 06 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of Shoption Private Limited
Shoption Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MSV Gadgets Private Limited | ₹75.48 Cr (FY 2025) | •••• | •••• | 361.0% | •••• | New Delhi, Delhi, India |
| Realtime Kommerce Private Limited | ₹75.26 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Vas Data Services Private Limited | ₹75.03 Cr (FY 2017) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Furtados Music (India) Private Limited | ₹74.17 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Kratos Logistics & Distribution Private Limited | ₹73.5 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Thane, Maharashtra, India |
| Shoption Private Limited this company | ₹72.66 Cr (FY 2024) | •••• | •••• | 174.0% | •••• | Pune, Maharashtra, India |
| Isha Business Private Limited | ₹72.41 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Coimbatore, Tamil Nadu, India |
| Rambo Enterprises Private Limited | ₹71.56 Cr (FY 2021) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Sumit Su Apparel Private Limited. | ₹71.46 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Haryana, India |
| Gift Links (India) Private Limited | ₹70.77 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Econeting E-Commerce Private Limited | ₹69.92 Cr (FY 2025) | •••• | •••• | 2447.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Shoption by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 Shoption Private Limited
Shoption Private Limited is audited by Shailesh Shah & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shailesh Shah & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Shoption Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Shoption Private Limited
Shoption Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Shoption Private Limited
Shoption Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.
Total deals
4
Secondary share transfers
2
Rights issue
1
Funding round
1
Disclosed funding
₹3.06 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round · Seed | ₹3.06 Cr | Investors: AL Trust acting through its trustee Vistra ITCL (India) Limited, Gemba Capital I Fund acting through its trustee company Orbis Trusteeship Services Private Limited, 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Rights issue | ₹75 Lakh | Investors: Ventureworks India, Batlivala & Karani Securities Private Limited, an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
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Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Shoption Private Limited
Shoption Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Shoption Private Limited
Employment history and EPFO contributions of people linked to Shoption.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Shoption Private Limited
Shoption Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Shraddha Sharad Kale ceased to be Director on 06 May 2025.
Ceased
Shraddha Sharad Kale ceased to be Director.
Appointed
Somnath Dattatrya Shendage was appointed as Additional Director.
AGM
Shoption Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Shoption Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Ramdas Gnyandeo Kale ceased to be Director.
Appointed
Shraddha Sharad Kale was appointed as Director.
Ceased
Umesh Uttamrao Bhosale ceased to be Director.
Appointed
Sharad Ramdas Kale was appointed as Director.
Incorporation
25 Jul 2019
Shoption Private Limited was registered on 25 Jul 2019 with Roc Pune & aged 7 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Shoption Private Limited
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MSME Payment Delays by Shoption Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Shoption Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Shoption Private Limited
Shoption has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS4105L1ZB | Maharashtra | Active | 13 Sep 2019 |
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MCA Filings & Documents of Shoption Private Limited
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MCA filings and documents
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Frequently Asked Questions about Shoption Private Limited
Shoption is an active private limited company based in Pune, Maharashtra, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 25 July 2019 (7+ years old) and is registered under CIN U51909PN2019PTC185687.
Shoption reported revenue of ₹72.66 Cr for FY 2024 (up 174% YoY).
Shoption has 2 current directors:
- Sharad Ramdas Kale - Director
- Somnath Dattatrya Shendage - Additional Director
Shoption reported a net profit of ₹8.47 Lakh (net margin 0.1%) and EBITDA of ₹18.81 Lakh (EBITDA margin 0.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shoption is 607% over three years. In the latest year (FY 2024) revenue rose 174%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shoption is 27ABCCS4105L1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shoption is U51909PN2019PTC185687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shoption has 1 court case on record: 1 filed against it. 1 is pending.
Shoption was incorporated on 25 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Shoption has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.
The peers of Shoption by revenue are MSV Gadgets Private Limited, Realtime Kommerce Private Limited, Vas Data Services Private Limited, Furtados Music (India) Private Limited, Kratos Logistics & Distribution Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).