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Toppeq Tech Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.03 Cr
▲ 17% YoY
Net loss · FY 2024
₹57.49 Lakh
Net margin -28.3%
EBITDA · FY 2024
₹7.6 Lakh
EBITDA margin 3.7%
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹5.18 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Toppeq Tech Private Limited
Data last updated:
Toppeq Tech 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 31 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC313318. Its GSTIN is 27AAHCG4399Q1ZM (Maharashtra).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹5.18 Cr. It was formerly known as Gitnan Tech Advisors Private Limited. It is led by directors Nandini Sankar and Balakrishnan Sankaranarayanan.
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 B – 4605 46th Floor Oberoi Exquisite Oberoi Garden City Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.03 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹57.49 Lakh (net margin -28.3%) and EBITDA of ₹7.6 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 451% over three years.
The company is associated with 1 brand: Toppeq. The company has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in October 2021. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is TNM Software Solutions Private Limited with revenue of ₹2.03 Cr.
For more details, the company can be reached via its website toppeq.com.
Company details
CIN U74999MH2018PTC313318
Registration Number 313318
Incorporation Date 31 August 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Toppeq Tech
Contact details
Toppeq Tech Private Limited's registered office is in Mumbai, Maharashtra. Its website is toppeq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 4605 46th Floor Oberoi Exquisite Oberoi Garden City Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Toppeq Tech Private Limited, buy the company report.
Comprehensive company report
Toppeq Tech 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
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Brands
Toppeq Tech operates one associated brand: TOPPEQ. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based workflow management platform for investors and startups is provided. | toppeq.com |
Business activity
The main business activity of Toppeq Tech 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 Toppeq Tech Private Limited, buy the company report.
Financials of Toppeq Tech Private Limited
FY 2024 filings availableToppeq Tech Private Limited reported revenue of ₹2.03 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹2.03 Cr ▲ 17%
Net loss · FY 2024
₹57.49 Lakh margin -28.3%
EBITDA · FY 2024
₹7.6 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 451%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▲ 28%
5 years · compounded
▲ 80%
Revenue has grown at a compounded annual rate (CAGR) of 451% over three years, including 17% growth in the latest year. EBITDA fell 90% 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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| Total Expenses | |||||
| EBITDA | ₹7.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | -28.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Toppeq Tech Private Limited, buy the company report.
Board of directors of Toppeq Tech Private Limited
Toppeq Tech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Sankar Also directs: Onefour Azimuth Advisory LLP, Eisv Private Limited | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Balakrishnan Sankaranarayanan Also directs: Moorthy Energy Private Limited | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Toppeq Tech Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| TNM Software Solutions Private Limited | ₹2.03 Cr (FY 2025) | 23.0% | Ahmedabad, Gujarat, India | |||
| A.C.A. Software Solutions Private Limited | ₹2.03 Cr (FY 2025) | -47.0% | Kanpur, Uttar Pradesh, India | |||
| Nideeshwaram Global Systems Private Limited | ₹2.03 Cr (FY 2019) | 592.0% | Delhi, India | |||
| Crest Coder Private Limited | ₹2.03 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India | |||
| Toppeq Tech Private Limitedthis company | ₹2.03 Cr (FY 2024) | -₹57.49 Lakh | -28.3% | 17.0% | Mumbai, Maharashtra, India | |
| Cilans System Analytics Private Limited | ₹2.03 Cr (FY 2025) | 329.0% | Ahmedabad, Gujarat, India | |||
| Cyber Park India Private Limited | ₹2.03 Cr (FY 2025) | -86.0% | New Delhi, Delhi, India | |||
| Hamsa Techno Services Private Limited | ₹2.03 Cr (FY 2024) | -8.0% | Hyderabad, Telangana, India | |||
| Mitosis Technologies Private Limited | ₹2.03 Cr (FY 2021) | -20.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Toppeq Tech Private Limited, buy the company report.
Auditor
Toppeq Tech Private Limited is audited by Julius Cardozo & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Julius Cardozo & Co. | FY 2022 | 144600W |
Shareholding
The shareholding of Toppeq Tech Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Toppeq Tech Private Limited, buy the company report.
Deals & funding
Toppeq Tech Private Limited has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in October 2021.
Total deals
4
Rights issues
3
Funding round
1
Disclosed funding
₹65 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹2.9 Lakh | Investors: Marwari Catalysts |
| Dec 2020 | Funding round | ₹65 Lakh | Investors: Kleos Communications Private Limited , Axience Consulting Private Limited , Vaillant Capital Partners |
| Jul 2020 | Rights issue | ₹2 Cr | Investors: an individual |
| Mar 2020 | Rights issue | ₹2.75 Cr | Investors: an individual |
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 Toppeq Tech 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
No delayed payments to MSME suppliers are on our record for Toppeq Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Toppeq Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG4399Q1ZM | Maharashtra | Active | 14 Feb 2020 |
To see the full GST registrations and return filing status of Toppeq Tech Private Limited, buy the company report.
Recent activity
Toppeq Tech Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Balakrishnan Sankaranarayanan was appointed as Director on 31 Aug 2018.
AGM
Toppeq Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Toppeq Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Balakrishnan Sankaranarayanan was appointed as Director.
Appointed
Nandini Sankar was appointed as Director.
Incorporation
31 Aug 2018
Toppeq Tech Private Limited was registered on 31 Aug 2018 with Roc Mumbai & aged 8 years 2 months as per MCA records.
Frequently asked questions
Toppeq Tech 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 31 August 2018 (8+ years old) and is registered under CIN U74999MH2018PTC313318.
Toppeq Tech has 2 current directors:
- Nandini Sankar - Director
- Balakrishnan Sankaranarayanan - Director
The latest financial statements of Toppeq Tech 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 2019 are in the company report.
The GSTIN of Toppeq Tech is 27AAHCG4399Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Toppeq Tech is U74999MH2018PTC313318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toppeq Tech was incorporated on 31 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Toppeq Tech has 4 deals on record (3 rights issues, 1 funding round), with disclosed funding of ₹65 Lakh; the latest was in October 2021.
The peers of Toppeq Tech by revenue are TNM Software Solutions Private Limited, A.C.A. Software Solutions Private Limited, Nideeshwaram Global Systems Private Limited, Crest Coder Private Limited, Cilans System Analytics Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Balakrishnan Sankaranarayanan was appointed as Director on 31 Aug 2018. Nandini Sankar was appointed as Director on 31 Aug 2018.
Yes, Toppeq Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Toppeq Tech can be reached through the website toppeq.com. Its registered office is in Mumbai, Maharashtra, India.
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