About Apogean Technologies Private Limited
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Apogean Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52335MH2005PTC153039. Its GSTIN is 27AAFCA1821M1ZP (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Tejas Navinchandra Sheth and Shital Tejas Sheth.
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 272/273 Block No 1 1st Floor Near Sion Hospital Sion, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.86 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 7.6%) and EBITDA of ₹2.97 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹62 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apical.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address272/273 Block No 1 1st Floor Near Sion Hospital Sion, Mumbai, Maharashtra, India – 400022
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Apogean Technologies Private Limited
The main business activity of Apogean Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Apogean Technologies Private Limited FY 2025 filings available
Apogean Technologies Private Limited reported revenue of ₹25.86 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Apogean Technologies Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 25% 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 Apogean Technologies 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 | ₹2.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.96 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 Apogean Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| 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 Apogean Technologies are in the company report.
Financial statements from 2015
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 Apogean Technologies Private Limited
Apogean Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genie Infotech Private Limited | ₹26.87 Cr (FY 2023) | •••• | •••• | -22.0% | •••• | Pune, Maharashtra, India |
| Creative Info-Link Private Limited | ₹26.47 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Inventa Digital Technologies Private Limited | ₹26.41 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Kryptos Technologies Private Limited | ₹26.11 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Devanadi Consulting Services Private Limited | ₹26.03 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Apogean Technologies Private Limited this company | ₹25.86 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Patwa Kinarivala Electronics Limited | ₹25.46 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Vadodara, Gujarat, India |
| Technobaba IT Solutions Private Limited | ₹25.38 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Infinian Technology Private Limited | ₹25.33 Cr (FY 2020) | •••• | •••• | 102.0% | •••• | Bangalore, Karnataka, India |
| Alethia Infotel Private Limited | ₹25.11 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Techspire Services Private Limited | ₹24.93 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Apogean Technologies by revenue in the Information Technology industry (Infrastructure Management), 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 Apogean Technologies Private Limited
Apogean Technologies Private Limited is audited by KAUSHAL MANISH & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAUSHAL MANISH & COMPANY | 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 Apogean Technologies Private Limited
Apogean Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Navinchandra Sheth Also directs: Apogean LLP, Asia Powercom Private Limited | Director | 05 May 2005 | 21 Years 5 Months | Current |
| Shital Tejas Sheth Also directs: Apogean LLP | Director | 05 May 2005 | 21 Years 5 Months | Current |
Ownership and Shareholding of Apogean Technologies 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 Apogean Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Others | ₹8 Cr | Open |
| 27 Apr 2018 | Indian Overseas Bank | ₹40 Lakh | Satisfied |
| 13 Sep 2010 | Indian Overseas Bank | ₹22 Lakh | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Apogean Technologies Private Limited
Apogean Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 3 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Creative Fish | •••• | •••• | •••• |
| Sapphire Micro Systems | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Apogean Technologies Private Limited
Employment history and EPFO contributions of people linked to Apogean Technologies.
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.
Recent Activity on Apogean Technologies Private Limited
Apogean Technologies Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Shital Tejas Sheth was appointed as Director on 05 May 2005.
Credit Ratings, Litigation & Regulatory Alerts for Apogean Technologies 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.
Subsidiaries & Group Companies of Apogean Technologies 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 Apogean Technologies Private Limited
Apogean Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA1821M1ZP | Maharashtra | Active | 01 Jul 2017 |
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 Apogean Technologies 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 Apogean Technologies Private Limited
Apogean Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 May 2005 (21+ years old) and is registered under CIN U52335MH2005PTC153039.
Apogean Technologies reported revenue of ₹25.86 Cr for FY 2024 (down 13% YoY).
Apogean Technologies has 2 current directors:
- Tejas Navinchandra Sheth - Director
- Shital Tejas Sheth - Director
Apogean Technologies reported a net profit of ₹1.96 Cr (net margin 7.6%) and EBITDA of ₹2.97 Cr (EBITDA margin 11.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Apogean Technologies is 58% over three years and 36% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Apogean Technologies is 27AAFCA1821M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Apogean Technologies is U52335MH2005PTC153039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apogean Technologies was incorporated on 05 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Apogean Technologies by revenue are Genie Infotech Private Limited, Creative Info-Link Private Limited, Inventa Digital Technologies Private Limited, Kryptos Technologies Private Limited, Devanadi Consulting Services Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).
Shital Tejas Sheth was appointed as Director on 05 May 2005. Tejas Navinchandra Sheth was appointed as Director on 05 May 2005.
Apogean Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 13 May 2021.
Apogean Technologies can be reached through the website apical.in. Its registered office is in Mumbai, Maharashtra, India.