About Smartiply India Private Limited
Data last updated:
Smartiply India Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Ict Service Management Solutions (India) Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 May 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016FTC280635. Its GSTIN is 27AAXCS0254L1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors including Neelesh Gupta (Irp/Rp/Liquidator) and Juo Ching Lu.
Its last annual general meeting (AGM) was held on 05 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18th Floor Awfis Cyberone Sector 30 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.75 Lakh, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹5.24 Lakh (net margin 53.8%) and EBITDA of ₹7.46 Lakh (EBITDA margin 76.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 55% over five years.
The company is associated with 1 brand: Wistron AiEdge. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in December 2020. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is wistronaiedge.com.
Company details
Contact details
Smartiply India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is wistronaiedge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address18th Floor Awfis Cyberone Sector 30 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Smartiply 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
Smartiply India operates one associated brand: Wistron AiEdge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers edge computing solutions for IoT applications. | wistronaiedge.com |
Financials of Smartiply India Private Limited
FY 2024 filings availableSmartiply India Private Limited reported revenue of ₹9.75 Lakh (up 124% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 124% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 55%. EBITDA rose 227% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.46 Lakh | ||||
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| Net Profit (PAT) | ₹5.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 76.5% | ||||
| Net Profit Margin | 53.8% | ||||
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To see the full financial statements and ratios of Smartiply India Private Limited, buy the company report.
Board of directors of Smartiply India Private Limited
Smartiply India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelesh Gupta Also directs: Lawgic Shastra Business Solutions LLP | Irp/Rp/Liquidator | 27 Mar 2025 | 1 Years 6 Months | As last reported |
| Juo Ching Lu | Director | 31 Mar 2023 | 3 Years 6 Months | As last reported |
| Jatangi Srinivasulu Balaji Also directs: Sil-More Trade Private Limited, Swoo Technologies (India) Private Limited, Achem Technology (India) Private Limited and 1 more | Director | 07 May 2020 | 6 Years 5 Months | As last reported |
Shareholding
The shareholding of Smartiply India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Smartiply India Private Limited, buy the company report.
Deals & funding
Smartiply India Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in December 2020.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: Tata Electronics Systems Solutions Private Limited Seller: Smartiply INC |
| Nov 2017 | Rights issue | ₹3.71 Cr | Investors: Smartiply INC |
| Jun 2016 | Rights issue | ₹18.5 Lakh | Investors: Smartiply INC |
To see the full deal history of Smartiply India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Smartiply India Private Limited 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
Smartiply India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S G C O & Co LLP |
To see the full MSME payment records of Smartiply India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Smartiply India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS0254L1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartiply India Private Limited, buy the company report.
Recent activity
Smartiply India Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Neelesh Gupta was appointed as Irp/Rp/Liquidator on 27 Mar 2025.
Frequently asked questions
Smartiply India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Smartiply India is a company under liquidation, formerly operating as a foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 May 2016 and is registered under CIN U74999MH2016FTC280635. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Smartiply India has 3 current directors:
- Juo Ching Lu - Director
- Jatangi Srinivasulu Balaji - Director
- Neelesh Gupta - Irp/Rp/Liquidator
The latest financial statements of Smartiply India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 August 2024. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Smartiply India is U74999MH2016FTC280635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartiply India was incorporated on 04 May 2016. It is registered with the Registrar of Companies, Mumbai.
Smartiply India has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in December 2020.
Neelesh Gupta was appointed as Irp/Rp/Liquidator on 27 Mar 2025. Juo Ching Lu ceased to be Additional Director on 29 Sep 2023. Juo Ching Lu was appointed as Director on 31 Mar 2023. Smartiply India has 9 board changes on record in total.
Smartiply India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 May 2019.
Smartiply India can be reached through the website wistronaiedge.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Smartiply India is at 18th Floor Awfis Cyberone Sector 30 Vashi, Navi Mumbai, Maharashtra, India – 400703.