About Appstean Infotech Private Limited
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Appstean Infotech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2012PTC027783. Its GSTIN is 23AAGCP4750R1ZX (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Process Master Softwares Private Limited and Process Master Technologies Private Limited. It is led by directors including Shubham Jain and Anil Jain.
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 604 Skye Corporate Park, Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.67 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.71 Lakh (net margin 2.8%) and EBITDA of ₹18.88 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 27% over five years.
The company is associated with 2 brands: Process Master and Salestrip. As per MCA filings, the company has open charges of ₹66.27 Lakh and satisfied charges of ₹13 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 processmaster.in.
Company details
Name history
Appstean Infotech has undergone 2 name changes throughout its history. The company was previously known as Process Master Softwares Private Limited, and Process Master Technologies Private Limited. The current legal name is Appstean Infotech Private Limited.
| Company Name | Status |
|---|---|
| Appstean Infotech Private Limited | Current |
| Process Master Softwares Private Limited | Previous |
| Process Master Technologies Private Limited | Previous |
Contact details
Appstean Infotech Private Limited's registered office is in Indore, Madhya Pradesh. Its website is processmaster.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.603 – 604 Skye Corporate Park Plot No. 25 Scheme No.78 Part – II Niranjanpur A.B., Road, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Appstean Infotech 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
Appstean Infotech operates two associated brands: Process Master and Salestrip. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a web-based ERP solution tailored for small and medium-sized businesses. | processmaster.in | |
| Develops specialized software for sales and field force management. | salestrip.in |
Business activity
The main business activity of Appstean Infotech 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 Appstean Infotech Private Limited, buy the company report.
Financials of Appstean Infotech Private Limited
FY 2025 filings availableAppstean Infotech Private Limited reported revenue of ₹1.67 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 6% growth in the latest year. EBITDA fell 33% 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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| EBITDA | ₹18.88 Lakh | ||||
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| Net Profit (PAT) | ₹4.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Appstean Infotech Private Limited, buy the company report.
Board of directors of Appstean Infotech Private Limited
Appstean Infotech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubham Jain | Director | 19 Mar 2018 | 8 Years 7 Months | Current |
| Anil Jain | Director | 04 Apr 2022 | 4 Years 7 Months | Current |
| Atul Jain | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Appstean Infotech Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Bids Technology Private Limited | ₹1.67 Cr (FY 2018) | -63.0% | Thiruvananthapuram, Kerala, India | |||
| Appstean Infotech Private Limitedthis company | ₹1.67 Cr (FY 2024) | ₹4.71 Lakh | 2.8% | 6.0% | Indore, Madhya Pradesh, India | |
| Accelerant Software Solutions Private Limited | ₹1.67 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Ira Answers Private Limited | ₹1.67 Cr (FY 2024) | 74.0% | Secunderabad, Telangana, India | |||
| Coelho Systems Private Limited | ₹1.67 Cr (FY 2025) | 28.0% | Chennai, Tamil Nadu, India | |||
| Qualtech Rpo Private Limited | ₹1.67 Cr (FY 2024) | -38.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Appstean Infotech Private Limited, buy the company report.
Auditor
Appstean Infotech Private Limited is audited by J. K. NEEMA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. K. NEEMA & COMPANY | FY 2023 | 077574 |
Shareholding
The shareholding of Appstean Infotech 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Appstean Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2022 | 100646110 | Bank of India | ₹55 Lakh | Open | |
| 20 Nov 2021 | 100560429 | Hdfc Bank Limited | ₹11.27 Lakh | Open | |
| 11 Oct 2018 | 100208201 | Axis Bank Limited | ₹13 Lakh | Satisfied |
To see the full charge records of Appstean Infotech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Appstean Infotech 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 Appstean Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Appstean Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCP4750R1ZX | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Appstean Infotech Private Limited, buy the company report.
Recent activity
Appstean Infotech Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Anil Jain ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Appstean Infotech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 February 2012 (14+ years old) and is registered under CIN U72200MP2012PTC027783.
Appstean Infotech has 3 current directors:
- Shubham Jain - Director
- Anil Jain - Director
- Atul Jain - Director
The latest financial statements of Appstean Infotech 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 Appstean Infotech is 23AAGCP4750R1ZX, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Appstean Infotech is U72200MP2012PTC027783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appstean Infotech was incorporated on 22 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Appstean Infotech by revenue are Bids Technology Private Limited, Accelerant Software Solutions Private Limited, Ira Answers Private Limited, Coelho Systems Private Limited, Qualtech Rpo Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Anil Jain ceased to be Additional Director on 30 Sep 2022. Anil Jain was appointed as Director on 04 Apr 2022. Shubham Jain ceased to be Additional Director on 29 Sep 2018. Appstean Infotech has 5 board changes on record in total.
Appstean Infotech can be reached through the website processmaster.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Appstean Infotech is at Office No.603 – 604 Skye Corporate Park Plot No. 25 Scheme No.78 Part – II Niranjanpur A.B., Road, Indore, Madhya Pradesh, India – 452010.
Appstean Infotech operates in the information technology industry, in the application development and software solutions segment.
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