About Simpolo Foundation
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Simpolo Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It operates in the social work activities with accommodation segment of the non-profit sector. It was incorporated on 24 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85310GJ2017NPL096498.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dhirajlal Thobhanbhai Aghara and Bharatbhai Thakarshibhai Aghara.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25,000 (net margin -0.1%) and EBITDA of -₹25,000 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simpolo.net.
Company details
Contact details
Simpolo Foundation's registered office is in Ahmedabad, Gujarat. Its website is simpolo.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 414 – 416, Times Square Grand Sindhu Bhavan Road, Ahmedabad, Gujarat, India – 380059
- IndustryNon-Profit Organizations, Social Work Activities With Accommodation, Social Work
To see the full contact details of Simpolo Foundation, 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
Financials of Simpolo Foundation
FY 2024 filings availableSimpolo Foundation reported revenue of ₹3.51 Cr (up 436% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 436% growth in the latest year. EBITDA rose 98% 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 | -₹25,000 | ||||
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| Net Profit (PAT) | -₹25,000 | ||||
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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 | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Simpolo Foundation, buy the company report.
Board of directors of Simpolo Foundation
Simpolo Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirajlal Thobhanbhai Aghara Also directs: Simpolo International Private Limited, Simpolo Vitrified Private Limited, Sun Eye Solar Private Limited and 1 more | Nominee Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Bharatbhai Thakarshibhai Aghara Also directs: Florentina Realty LLP, Simpolo Vitrified Private Limited, Nexion International Private Limited and 2 more | Nominee Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Jitendrabhai Thakarshibhai Aghara Also directs: Florentina Realty LLP, Simpolo International Private Limited, Simpolo Vitrified Private Limited and 3 more | Nominee Director | 24 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Simpolo Foundation is audited by M J RINDANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M J RINDANI & ASSOCIATES | FY 2019 | 108838W |
Shareholding
The shareholding of Simpolo Foundation is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Simpolo Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Simpolo Foundation 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 Simpolo Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Simpolo Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Simpolo Foundation has 3 board changes on record since 2017: 3 appointments. The latest: Bharatbhai Thakarshibhai Aghara was appointed as Nominee Director on 24 Mar 2017.
News
Frequently asked questions
Simpolo Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in social work activities with accommodation, within the non-profit organizations industry. It was incorporated on 24 March 2017 (9+ years old) and is registered under CIN U85310GJ2017NPL096498.
Simpolo Foundation has 3 current directors:
- Dhirajlal Thobhanbhai Aghara - Nominee Director
- Bharatbhai Thakarshibhai Aghara - Nominee Director
- Jitendrabhai Thakarshibhai Aghara - Nominee Director
The latest financial statements of Simpolo Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Simpolo Foundation is U85310GJ2017NPL096498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpolo Foundation was incorporated on 24 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharatbhai Thakarshibhai Aghara was appointed as Nominee Director on 24 Mar 2017. Dhirajlal Thobhanbhai Aghara was appointed as Nominee Director on 24 Mar 2017. Jitendrabhai Thakarshibhai Aghara was appointed as Nominee Director on 24 Mar 2017.
Simpolo Foundation can be reached through the website simpolo.net. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Simpolo Foundation is at Office No. 414 – 416, Times Square Grand Sindhu Bhavan Road, Ahmedabad, Gujarat, India – 380059.
Simpolo Foundation operates in the non-profit organizations industry, in the social work activities with accommodation segment.
The compliance status of Simpolo Foundation is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.