About Smartshift Technologies Private Limited
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Smartshift Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Smart Shift Group Inc Usa. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC069244. Its GSTIN is 29AATCS1978D1ZQ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dharmesh Neelkamal Sheth and Vyom Gupta.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block 8th Floor North Tower Vaishnavi Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.65 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹7.83 Cr (net margin 10.9%) and EBITDA of ₹11.32 Cr (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 23% over five years.
The company has about 235 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: smartShift. The company has 2 deals on record (2 secondary share transfers); the latest was in August 2018. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Varian Medical Systems India Software Private Limited with revenue of ₹72.07 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartshift.com.
Company details
Contact details
Smartshift Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is smartshift.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – Block 8th Floor North Tower Vaishnavi Tech Park Ambalipura Village, Near Bellandur Gate Sarjapura Main Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Smartshift Technologies 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
Smartshift Technologies operates one associated brand: smartShift. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud application migration solutions are provided via automated platforms. | smartshift.com |
Business activity
The main business activity of Smartshift Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Smartshift Technologies Private Limited, buy the company report.
Financials of Smartshift Technologies Private Limited
FY 2025 filings availableSmartshift Technologies Private Limited reported revenue of ₹71.65 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 19% growth in the latest year. EBITDA rose 32% 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 | ₹11.32 Cr | ||||
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| Net Profit (PAT) | ₹7.83 Cr | ||||
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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 | 15.8% | ||||
| Net Profit Margin | 10.9% | ||||
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To see the full financial statements and ratios of Smartshift Technologies Private Limited, buy the company report.
Board of directors of Smartshift Technologies Private Limited
Smartshift Technologies has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Neelkamal Sheth Also directs: Caldel Private Limited | Director | 25 Jun 2021 | 5 Years 3 Months | Current |
| Vyom Gupta | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Smartshift Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varian Medical Systems India Software Private Limited | ₹72.07 Cr (FY 2016) | 19.0% | Mumbai, Maharashtra, India | |||
| Monocept Consulting Private Limited | ₹72.06 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| RTL Technologies Private Limited | ₹71.87 Cr (FY 2024) | 26.0% | New Delhi, Delhi, India | |||
| Tarana Wireless India Private Limited | ₹71.68 Cr (FY 2025) | 17.0% | Pune, Maharashtra, India | |||
| PCSS Solutions Private Limited | ₹71.66 Cr (FY 2024) | 38.0% | Mumbai, Maharashtra, India | |||
| Smartshift Technologies Private Limitedthis company | ₹71.65 Cr (FY 2025) | ₹7.83 Cr | 10.9% | 19.0% | 235 | Bangalore, Karnataka, India |
| Advantedge Healthcare Solutions Private Limited | ₹71.6 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Aeris Communications India Private Limited | ₹71.5 Cr (FY 2025) | -12.0% | Noida, Uttar Pradesh, India | |||
| Lekha Wireless Solutions Private Limited | ₹71.48 Cr (FY 2024) | 53.0% | Bangalore, Karnataka, India | |||
| Outsystems India Private Limited | ₹71.43 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Brij Systems Limited | ₹71.05 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Smartshift Technologies Private Limited, buy the company report.
Auditor
Smartshift Technologies Private Limited is audited by Ishwar & Gopal Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ishwar & Gopal Chartered Accountants | FY 2023 | 001154S |
Shareholding
The shareholding of Smartshift Technologies 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Smartshift Technologies Private Limited, buy the company report.
Deals & funding
Smartshift Technologies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in August 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: SmartShift Group Inc. Seller: 2 individuals |
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 Smartshift Technologies 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
Smartshift Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2022, listing 2 overdue payments 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 |
|---|---|---|---|
| Ace Fire Services |
To see the full MSME payment records of Smartshift Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smartshift Technologies Private Limited has a workforce of 235 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Smartshift Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCS1978D1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartshift Technologies Private Limited, buy the company report.
Recent activity
Smartshift Technologies Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Dharmesh Neelkamal Sheth ceased to be Additional Director on 30 Nov 2021.
News
Frequently asked questions
Smartshift Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 May 2013 (13+ years old) and is registered under CIN U72200KA2013PTC069244.
Smartshift Technologies has 2 current directors:
- Dharmesh Neelkamal Sheth - Director
- Vyom Gupta - Director
The latest financial statements of Smartshift Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Smartshift Technologies is 29AATCS1978D1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Smartshift Technologies is U72200KA2013PTC069244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartshift Technologies was incorporated on 22 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Smartshift Technologies has 2 deals on record (2 secondary share transfers); the latest was in August 2018.
The peers of Smartshift Technologies by revenue are Varian Medical Systems India Software Private Limited, Monocept Consulting Private Limited, RTL Technologies Private Limited, Tarana Wireless India Private Limited, PCSS Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dharmesh Neelkamal Sheth ceased to be Additional Director on 30 Nov 2021. Dharmesh Neelkamal Sheth was appointed as Director on 25 Jun 2021. Vyom Gupta ceased to be Additional Director on 23 Nov 2020. Smartshift Technologies has 9 board changes on record in total.
Smartshift Technologies has 2 MSME Form 1 returns on record for the period ending Mar 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 24 Sep 2023.
Smartshift Technologies can be reached through the website smartshift.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Smartshift Technologies is at B – Block 8th Floor North Tower Vaishnavi Tech Park Ambalipura Village, Near Bellandur Gate Sarjapura Main Road, Bangalore, Karnataka, India – 560103.