MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0099590
Sri Samarth Utility Services Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹154.25 Cr
▼ 11% YoY
Net loss · FY 2025
₹19.39 Lakh
Net margin -0.1%
EBITDA · FY 2025
₹47.81 Lakh
EBITDA margin 0.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sri Samarth Utility Services Private Limited
Data last updated:
Sri Samarth Utility Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 11 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52390GJ2012PTC068988. Its GSTIN is 24AARCS0025R1ZX (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ravi Chetan Palan and Devyani Chetan Palan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.25 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹19.39 Lakh (net margin -0.1%) and EBITDA of ₹47.81 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company is associated with 1 brand: Specific Step. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 4 cases are pending.
Sri Samarth Utility Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0099590). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website specificstep.com.
Company details
CIN U52390GJ2012PTC068988
Registration Number 068988
Incorporation Date 11 February 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0099590
Recognitions & Rankings of Sri Samarth Utility Services
Contact details
Sri Samarth Utility Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is specificstep.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No. 345 3rd Floor Iscon Emporio Besides Star India Bazaar Jodhpur Cross Roads, Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Sri Samarth Utility Services Private Limited, buy the company report.
Comprehensive company report
Sri Samarth Utility Services Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sri Samarth Utility Services operates one associated brand: Specific Step. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides mobile recharge, DTH services, bill payments, and API solutions in India. | specificstep.com |
Business activity
The main business activity of Sri Samarth Utility Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sri Samarth Utility Services Private Limited, buy the company report.
Financials of Sri Samarth Utility Services Private Limited
FY 2025 filings availableSri Samarth Utility Services Private Limited reported revenue of ₹154.25 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹154.25 Cr ▼ 11%
Net loss · FY 2025
₹19.39 Lakh margin -0.1%
EBITDA · FY 2025
₹47.81 Lakh margin 0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 18%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 12%
5 years · compounded
▲ 18%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 30% 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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| Total Expenses | |||||
| EBITDA | ₹47.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.39 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sri Samarth Utility Services Private Limited, buy the company report.
Board of directors of Sri Samarth Utility Services Private Limited
Sri Samarth Utility Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Chetan Palan | Director | 11 Feb 2012 | 14 Years 8 Months | Current |
| Devyani Chetan Palan | Director | 11 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Sri Samarth Utility Services Private Limited is audited by PATEL & MEHTA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL & MEHTA | FY 2023 | 125480W |
Shareholding
The shareholding of Sri Samarth Utility Services 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sri Samarth Utility Services Private Limited, buy the company report.
Legal cases
Sri Samarth Utility Services Private Limited has 9 court cases on record: 1 filed by Sri Samarth Utility Services, 8 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
1
Filed against the company
8
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 4 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Aditya Birla Finance Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Icici Bank Ltd Through Its Authorised Officer Jenish Kansara | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ambit Finvest Pvt. Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Disposed |
To see the full case history of Sri Samarth Utility Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sri Samarth Utility Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Samarth Utility Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS0025R1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sri Samarth Utility Services Private Limited, buy the company report.
Recent activity
Sri Samarth Utility Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Devyani Chetan Palan was appointed as Director on 11 Feb 2012.
AGM
Sri Samarth Utility Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sri Samarth Utility Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Devyani Chetan Palan was appointed as Director.
Appointed
Ravi Chetan Palan was appointed as Director.
Incorporation
11 Feb 2012
Sri Samarth Utility Services Private Limited was registered on 11 Feb 2012 with Roc Ahmedabad & aged 14 years 8 months as per MCA records.
Frequently asked questions
Sri Samarth Utility Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 11 February 2012 (14+ years old) and is registered under CIN U52390GJ2012PTC068988.
Sri Samarth Utility Services has 2 current directors:
- Ravi Chetan Palan - Director
- Devyani Chetan Palan - Director
The latest financial statements of Sri Samarth Utility Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sri Samarth Utility Services is 24AARCS0025R1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Sri Samarth Utility Services is U52390GJ2012PTC068988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Samarth Utility Services has 9 court cases on record: 1 filed by the company and 8 filed against it. 4 are pending.
Sri Samarth Utility Services was incorporated on 11 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devyani Chetan Palan was appointed as Director on 11 Feb 2012. Ravi Chetan Palan was appointed as Director on 11 Feb 2012.
Yes, Sri Samarth Utility Services is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0099590).
Sri Samarth Utility Services can be reached through the website specificstep.com. Its registered office is in Ahmedabad, Gujarat, India.