About Ducem
Ducem is a Technology company based in Surat (India) founded in 2017 by Kaushik Mistry. It offers HRMS for payroll, administration, and talent management services. It operates on a B2B model in Technology and Business Services sectors. The company has 10 employees. Its Indian entity Ducem Technologies Private Limited reported revenue of ₹1.66 Cr. Ducem offers products and services including Payroll Management, Talent Management, Employee Engagement, and HR Administration. Its focus areas include HR Tech, HR Management, HRMS Solutions and Software.
Company details
Paywell, by Ducem Technologies Pvt. Ltd., is an HRMS platform that streamlines processes like payroll management, HR administration, talent management, and employee engagement. It automates tasks, ensures compliance, and enhances efficiency for organizations. Based in India, the solution is customizable and scalable, helping businesses manage their workforce effectively through integrated tools and data-driven insights.
- Headquarters Surat, India
- Employees 10
- Founders Kaushik Mistry
- SectorsTechnologyBusiness Services
- Email••••••••
- Website ducem.in
- Social LinkedIn Facebook Instagram
- Legal Name Ducem Technologies Private Limited
- Date of Incorporation 22 May, 2017
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹1.66 Cr
FY 2024 · +9% YoY
- Net Profit₹14.3 Lakh
FY 2024 · 9% margin
- EBITDA₹15.4 Lakh
FY 2024 · 9% margin
- Employee Count10
Associated legal entities of Ducem
Ducem operates through Ducem Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ducem Technologies Private Limited CIN U72200GJ2017PTC097459 | Active | 22 May 2017 | Surat, Gujarat | ₹1.7 Cr | 10 | 2 | View details |
Products & Services of Ducem
Ducem offers a comprehensive portfolio of products and services, including Payroll Management, Talent Management, Employee Engagement, and HR Administration.
Processes salaries and ensures statutory compliances accurately.
Handles employee skills, performance, and retention strategies.
Facilitates feedback and morale tracking for better productivity.
Manages profiles, policies, and administrative HR tasks efficiently.
Board of directors of Ducem Technologies Private Limited (Ducem)
Ducem Technologies Private Limited is the primary company behind Ducem. The board of Ducem Technologies Private Limited currently have 2 directors; the longest-serving is Kaushik Chhaganlal Mistry, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaushik Chhaganlal Mistry DIN 07804962 | Director | 22 May 2017 | 9 yrs 5 mo | Ducem Technologies Private Limited |
| Priti Kaushikkumar Mistry DIN 09224380 | Director | 02 Jul 2021 | 5 yrs 4 mo | Ducem Technologies Private Limited |
People of Ducem
1 people are tracked at Ducem (1 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
| Founder, Managing Director | Leadership |
Complete people profiles for Ducem
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ducem
Figures of Ducem Technologies Private Limited, the primary company behind Ducem, for FY 2024. Revenue was ₹1.66 Cr (+9% year on year). Net profit was ₹14.3 Lakh (9% margin). EBITDA was ₹15.4 Lakh (9% margin). Revenue has grown at a compounded annual rate of +18% over three years and +16% over five years.
- ₹1.66 CrRevenue · FY 2024 · +9% YoY
- ₹14.3 LakhNet profit · 9% margin
- ₹15.4 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 10Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ducem Technologies Private Limited are on its company page.
Detailed financial statements for Ducem
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Ducem
The website of Ducem (ducem.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 7.8% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Ducem
Ducem was founded in 2017.
Ducem is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Ducem has 10 employees.
The primary company behind Ducem, Ducem Technologies Private Limited, reported revenue of ₹1.66 Cr for FY 2024, up 9% year on year.
Paywell, by Ducem Technologies Pvt. Ltd., is an HRMS platform that streamlines processes like payroll management, HR administration, talent management, and employee engagement. It automates tasks, ensures compliance, and enhances efficiency for organizations. Based in India, the solution is customizable and scalable, helping businesses manage their workforce effectively through integrated tools and data-driven insights.
Ducem offers Payroll Management, Talent Management, Employee Engagement, and HR Administration.
Ducem operates through Ducem Technologies Private Limited.
The legal entities of Ducem currently have 2 directors, including Priti Kaushikkumar Mistry, Kaushik Chhaganlal Mistry.