About Simplease Solutions Private Limited
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Simplease Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 25 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2019PTC333521. Its GSTIN is 27ABCCS9678J1ZJ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gundeep Singh Harpinder Singh Uppal and Gaurang Bhalchandra Lakhotia.
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 Shop – 237 2nd Floor Powai Plaza Hiranandani Gardens A.S. Marg Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.7 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹31,350 (net margin -0.2%) and EBITDA of ₹46,134 (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Simplease.
For more details, the company can be reached via its website simplease.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop – 237 2nd Floor Powai Plaza Hiranandani Gardens A.S. Marg Powai, Mumbai, Maharashtra, India – 400076
- IndustryInternet, Online Real Estate Platforms
- 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 Simplease Solutions Private Limited
The main business activity of Simplease Solutions is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Simplease Solutions Private Limited FY 2024 filings available
Simplease Solutions Private Limited reported revenue of ₹1.7 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Simplease Solutions Private Limited
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 102% 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 Simplease Solutions 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 | ₹46,134 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31,350 | •••• | •••• | •••• | •••• |
| 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 Simplease Solutions 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 | -0.2% | •••• | •••• | •••• | •••• |
| 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 Simplease Solutions are in the company report.
Financial statements from FY 2020
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 Simplease Solutions Private Limited
Simplease Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Real Estate Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RTN Propusers Private Limited | ₹1.79 Cr (FY 2024) | •••• | •••• | 908.0% | •••• | New Delhi, Delhi, India |
| Yes Property Ventures Private Limited | ₹1.78 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bangalore, Karnataka, India |
| Canvas Infratech Private Limited | ₹1.75 Cr (FY 2021) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Spacetil Software Private Limited | ₹1.71 Cr (FY 2025) | •••• | •••• | 705.0% | •••• | Bangalore, Karnataka, India |
| Samshik Infoline Private Limited | ₹1.7 Cr (FY 2024) | •••• | •••• | 154.0% | •••• | Mumbai, Maharashtra, India |
| Simplease Solutions Private Limited this company | ₹1.7 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Hedgehomes Technologies Private Limited | ₹1.67 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Delhi, India |
| Divinus India Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Bangalore, Karnataka, India |
| Homesquad Private Limited | ₹1.63 Cr (FY 2023) | •••• | •••• | 101.0% | •••• | Mumbai, Maharashtra, India |
| Accurate Realty Ventures Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | 160.0% | •••• | Gurgaon, Haryana, India |
| Cofynd Infotech Private Limited | ₹1.55 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Simplease Solutions by revenue in the Ecommerce and Internet industry (Real Estate Services), 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 Simplease Solutions Private Limited
Simplease Solutions Private Limited is audited by R P Mehta and Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R P Mehta and 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 Simplease Solutions Private Limited
Simplease Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gundeep Singh Harpinder Singh Uppal Also directs: Citypedia Technologies Private Limited | Director | 25 Nov 2019 | 6 Years 10 Months | Current |
| Gaurang Bhalchandra Lakhotia Also directs: Citypedia Technologies Private Limited | Director | 25 Nov 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Simplease Solutions 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 Simplease Solutions Private Limited
Simplease Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Simplease Solutions Private Limited
Simplease Solutions operates one associated brand: Simplease. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital platform offering end-to-end solutions for real estate rentals. | simplease.in |
Employees and EPFO Compliance at Simplease Solutions Private Limited
Simplease Solutions Private Limited has a workforce of 6 employees as of Apr 02, 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 Simplease Solutions Private Limited
Simplease Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Gaurang Bhalchandra Lakhotia was appointed as Director on 25 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Simplease Solutions 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 Simplease Solutions 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 Simplease Solutions 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 Simplease Solutions Private Limited
Simplease Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS9678J1ZJ | Maharashtra | Active | 14 Jul 2020 |
| 06ABCCS9678J1ZN | Haryana | Active | 01 Sep 2021 |
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 Simplease Solutions 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 Simplease Solutions Private Limited
Simplease Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 25 November 2019 (7+ years old) and is registered under CIN U70109MH2019PTC333521.
Simplease Solutions reported revenue of ₹1.7 Cr for FY 2024 (down 12% YoY).
Simplease Solutions has 2 current directors:
- Gundeep Singh Harpinder Singh Uppal - Director
- Gaurang Bhalchandra Lakhotia - Director
Simplease Solutions reported a net loss of ₹31,350 (net margin -0.2%) and EBITDA of ₹46,134 (EBITDA margin 0.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Simplease Solutions is 14% over three years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Simplease Solutions is 27ABCCS9678J1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06ABCCS9678J1ZN (Haryana).
The CIN (Corporate Identification Number) of Simplease Solutions is U70109MH2019PTC333521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simplease Solutions was incorporated on 25 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Simplease Solutions by revenue are RTN Propusers Private Limited, Yes Property Ventures Private Limited, Canvas Infratech Private Limited, Spacetil Software Private Limited, Samshik Infoline Private Limited and 5 more, all in the Ecommerce and Internet industry (Real Estate Services).
Gaurang Bhalchandra Lakhotia was appointed as Director on 25 Nov 2019. Gundeep Singh Harpinder Singh Uppal was appointed as Director on 25 Nov 2019.
Simplease Solutions can be reached through the website simplease.in. Its registered office is in Mumbai, Maharashtra, India.