Bestpeers Infosystem Private Limited

Bestpeers Infosystem Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U72200MP2017PTC043283 Incorporated 12 May 2017 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company information technology DPIIT Startup MSME
Data last updated
Revenue · FY 2024
₹16.54 Cr
▲ 24% YoY
Net loss · FY 2024
₹91.16 Lakh
Net margin -5.5%
EBITDA · FY 2024
-₹29 Lakh
EBITDA margin -1.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹1.5 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
237
Provident fund records

About Bestpeers Infosystem Private Limited

Data last updated:

Bestpeers Infosystem Private Limited is a private limited company based in Indore, Madhya Pradesh, 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 12 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2017PTC043283.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Ketan Bamniya and Ankush Kataria.

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 Office No 102 Plot No. 142 – A Electronics Complex Pardesipura, Indore, Madhya Pradesh, India – 452003.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.54 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹91.16 Lakh (net margin -5.5%) and EBITDA of -₹29 Lakh (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 31% over five years.

The company has about 237 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: BestPeers Infosystem. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹1.5 Cr on record.

Bestpeers Infosystem Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-23-0095592). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bestpeers.com.

Company details

CIN U72200MP2017PTC043283
Registration Number 043283
Incorporation Date 12 May 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MP-23-0095592

Recognitions & Rankings of Bestpeers Infosystem

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MP-23-0095592

Contact details

Bestpeers Infosystem Private Limited's registered office is in Indore, Madhya Pradesh. Its website is bestpeers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Office No 102 Plot No. 142 – A Electronics Complex Pardesipura, Indore, Madhya Pradesh, India – 452003
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Bestpeers Infosystem Private Limited, buy the company report.

Comprehensive company report
Bestpeers Infosystem 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

Bestpeers Infosystem operates one associated brand: BestPeers Infosystem. Each brand links to its own profile.

BrandDescriptionWebsite
Specializes in application development for custom software solutions.bestpeers.com

Business activity

The main business activity of Bestpeers Infosystem is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Bestpeers Infosystem Private Limited, buy the company report.

Financials of Bestpeers Infosystem Private Limited

FY 2024 filings available

Bestpeers Infosystem Private Limited reported revenue of ₹16.54 Cr (up 24% YoY) for FY 2024.

Revenue · FY 2024
₹16.54 Cr ▲ 24%
Net loss · FY 2024
₹91.16 Lakh margin -5.5%
EBITDA · FY 2024
-₹29 Lakh margin -1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 46%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 135%
3 years · compounded
▼ 40%
5 years · compounded
▼ 24%

Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 24% growth in the latest year. EBITDA fell 135% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹29 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹91.16 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.8%
Net Profit Margin-5.5%
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

To see the full financial statements and ratios of Bestpeers Infosystem Private Limited, buy the company report.

Board of directors of Bestpeers Infosystem Private Limited

Bestpeers Infosystem has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dipak GuptaAdditional Director20 Feb 20251 Years 8 MonthsCurrent
Ketan BamniyaDirector12 May 20179 Years 5 MonthsCurrent
Gyan Prakash GuptaAdditional Director20 Feb 20251 Years 8 MonthsCurrent
Ankush KatariaDirector12 May 20179 Years 5 MonthsCurrent
Mukesh PatelDirector12 May 20179 Years 5 MonthsCurrent

Peer comparison

Bestpeers Infosystem Private Limited is compared with the 9 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aghreni Technologies Private Limited₹16.57 Cr (FY 2025)-14.0%Bengaluru, Karnataka, India
Symbion Technology Private Limited₹16.57 Cr (FY 2022)259.0%Chennai, Tamil Nadu, India
Quadwave Consulting Private Limited₹16.55 Cr (FY 2024)-5.0%Bangalore, Karnataka, India
Jenx Digitech Private Limited₹16.55 Cr (FY 2024)24.0%Vadodara, Gujarat, India
Bestpeers Infosystem Private Limitedthis company₹16.54 Cr (FY 2024)-₹91.16 Lakh-5.5%24.0%237Indore, Madhya Pradesh, India
Sparity Soft Technologies Private Limited₹16.54 Cr (FY 2025)17.0%Hyderabad, Telangana, India
Indinvoice Tech Solutions Private Limited₹16.53 Cr (FY 2025)57.0%Mumbai, Maharashtra, India
Pharmaace India Private Limited₹16.53 Cr (FY 2024)Hyderabad, Telangana, India
Verinon Technology Solutions Private Limited₹16.53 Cr (FY 2025)3.0%Hyderabad, Telangana, India
Keypoint Technologies (India) Private Limited₹16.53 Cr (FY 2025)-3.0%Hyderabad, Telangana, India

To see the full peer comparison of Bestpeers Infosystem Private Limited, buy the company report.

Auditor

Bestpeers Infosystem Private Limited is audited by T V S J & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
T V S J & Co.FY 2022021409C

Shareholding

The shareholding of Bestpeers Infosystem Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bestpeers Infosystem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2023100772277Others₹1.5 CrSatisfied

To see the full charge records of Bestpeers Infosystem Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bestpeers Infosystem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bestpeers Infosystem Private Limited has a workforce of 237 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
237
Active EPFO establishments
1
Employee growth
16.75%

GST

No GST registration is on our record for Bestpeers Infosystem Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Bestpeers Infosystem Private Limited has 12 board changes on record since 2017: 6 appointments and 6 cessations. The latest: Dipak Gupta was appointed as Additional Director on 20 Feb 2025.

Appointed
Dipak Gupta was appointed as Additional Director.
Appointed
Gyan Prakash Gupta was appointed as Additional Director.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100772277 with Others was fully satisfied on 04 Jan 2025.
AGM
Bestpeers Infosystem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bestpeers Infosystem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Akshay Babar ceased to be Director.
Ceased
Ritesh Choudhary ceased to be Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100772277 was registered on 31 Jul 2023.
Ceased
Dipak Gupta ceased to be Director.
Ceased
Gyan Prakash Gupta ceased to be Director.
Ceased
Mayank Saraf ceased to be Director.
Ceased
Nitin Verma ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Bestpeers Infosystem 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 12 May 2017 (9+ years old) and is registered under CIN U72200MP2017PTC043283.

Bestpeers Infosystem has 5 current directors:

The latest financial statements of Bestpeers Infosystem 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 2018 are in the company report.

The CIN (Corporate Identification Number) of Bestpeers Infosystem is U72200MP2017PTC043283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bestpeers Infosystem was incorporated on 12 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.

The peers of Bestpeers Infosystem by revenue are Aghreni Technologies Private Limited, Symbion Technology Private Limited, Quadwave Consulting Private Limited, Jenx Digitech Private Limited, Sparity Soft Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).

Dipak Gupta was appointed as Additional Director on 20 Feb 2025. Gyan Prakash Gupta was appointed as Additional Director on 20 Feb 2025. Akshay Babar ceased to be Director on 12 Mar 2024. Bestpeers Infosystem has 12 board changes on record in total.

Yes, Bestpeers Infosystem is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Bestpeers Infosystem is registered as an MSME under Udyam registration (number: UDYAM-MP-23-0095592).

Bestpeers Infosystem can be reached through the website bestpeers.com. Its registered office is in Indore, Madhya Pradesh, India.

The registered office of Bestpeers Infosystem is at Office No 102 Plot No. 142 – A Electronics Complex Pardesipura, Indore, Madhya Pradesh, India – 452003.