About Swific Technology Private Limited
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Swific Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC384414. Its GSTIN is 27AAVCS7479P1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24.33 Lakh. It is led by directors Anurag Vijayvergia and Anupam Vijayvergia.
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 Wework Enam Sambhav C – 20 G Block Rd G Block BKC Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹4.47 Cr (net margin -305.1%) and EBITDA of -₹4.32 Cr (EBITDA margin -294.3%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 23% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Abelio and Lio. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹41.7 Cr; the latest was in September 2021. 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 Ahora Technologies Private Limited with revenue of ₹1.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lio.io.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWework Enam Sambhav C – 20 G Block Rd G Block BKC Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Swific Technology Private Limited
The main business activity of Swific Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Swific Technology Private Limited FY 2025 filings available
Swific Technology Private Limited reported revenue of ₹1.47 Cr (up 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Swific Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 77% growth in the latest year. EBITDA rose 50% 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 Swific Technology 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 | -₹4.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.47 Cr | •••• | •••• | •••• | •••• |
| 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 Swific Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -294.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -305.1% | •••• | •••• | •••• | •••• |
| 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 Swific Technology are in the company report.
Financial statements from FY 2016
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 Swific Technology Private Limited
Swific Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ahora Technologies Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Cnetinfra Technologies Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Aarushi Consulting & Services Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Sonakshi Software Solutions Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Guntur, Andhra Pradesh, India |
| Kytics Technologies Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 101.0% | •••• | Bhubaneswar, Odisha, India |
| Swific Technology Private Limited this company | ₹1.47 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Stein Ias India Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
| Natobotics Technologies Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | 306.0% | •••• | Chennai, Tamil Nadu, India |
| Warlock Technologies Private Limited | ₹1.46 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Kudasan, Gujarat, India |
| Loyal IT Solutions Private Limited | ₹1.46 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Koratty, Kerala, India |
| Eyecarelive India Private Limited | ₹1.46 Cr (FY 2023) | •••• | •••• | -19.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Swific Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Swific Technology Private Limited
Swific Technology Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | 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 Swific Technology Private Limited
Swific Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Vijayvergia | Director | 11 May 2015 | 11 Years 5 Months | Current |
| Anupam Vijayvergia Also directs: Vibora Lifestyle LLP | Director | 11 May 2015 | 11 Years 5 Months | Current |
Ownership and Shareholding of Swific Technology 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 Swific Technology Private Limited
Swific Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Swific Technology Private Limited
Swific Technology Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹41.7 Cr; the latest was in September 2021.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Aug 2021 | Funding round | ₹11.2 Lakh | Investors: 2 individuals |
| Mar 2021 | Funding round | ₹2.99 Cr | Investors: Titan Capital, 3 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Swific Technology Private Limited
Swific Technology operates two associated brands: Abelio and Lio. Each brand links to its own profile.
Employees and EPFO Compliance at Swific Technology Private Limited
Swific Technology Private Limited has a workforce of 25 employees as of Apr 05, 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.
CIN History of Swific Technology Private Limited
Swific Technology has one previous CIN (Corporate Identification Number): U72900RJ2015PTC047518. The current CIN is U72900MH2015PTC384414, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2015PTC384414 | Current |
| U72900RJ2015PTC047518 | Previous |
Recent Activity on Swific Technology Private Limited
Swific Technology Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Anupam Vijayvergia was appointed as Director on 11 May 2015.
Credit Ratings, Litigation & Regulatory Alerts for Swific Technology 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 Swific Technology 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 Swific Technology 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 Swific Technology Private Limited
Swific Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS7479P1ZV | Maharashtra | Active | 28 Sep 2018 |
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 Swific Technology 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 Swific Technology Private Limited
Swific Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 May 2015 (11+ years old) and is registered under CIN U72900MH2015PTC384414.
Swific Technology reported revenue of ₹1.47 Cr for FY 2024 (up 77% YoY).
Swific Technology has 2 current directors:
- Anurag Vijayvergia - Director
- Anupam Vijayvergia - Director
Swific Technology reported a net loss of ₹4.47 Cr (net margin -305.1%) and EBITDA of -₹4.32 Cr (EBITDA margin -294.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Swific Technology is 95% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Swific Technology is 27AAVCS7479P1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Swific Technology is U72900MH2015PTC384414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swific Technology was incorporated on 11 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Swific Technology has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹41.7 Cr; the latest was in September 2021.
The peers of Swific Technology by revenue are Ahora Technologies Private Limited, Cnetinfra Technologies Private Limited, Aarushi Consulting & Services Private Limited, Sonakshi Software Solutions Private Limited, Kytics Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Anupam Vijayvergia was appointed as Director on 11 May 2015. Anurag Vijayvergia was appointed as Director on 11 May 2015.