
About Commerce Pundit Technologies Private Limited
Data last updated:
Commerce Pundit Technologies Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2009PTC058518. Its GSTIN is 24AADCC7892E1ZL (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hitesh Kanaiyalal Modi and Rajan Rohitkumar Shah.
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 Corporate House 1 Inspire Business Park, Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.39 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.18 Cr (net margin 10.8%) and EBITDA of ₹4.59 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 216 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Commercepundit. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website commercepundit.com.
Company details
Contact details
Commerce Pundit Technologies Private Limited's registered office is in Gandhinagar, Gujarat. Its website is commercepundit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCorporate House 1 Inspire Business Park, Adani Shantigram Nr Vaisnodevi Circle, Gandhinagar, Gujarat, India – 382421
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Commerce Pundit Technologies 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
Commerce Pundit Technologies operates one associated brand: Commercepundit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web design, development, and digital marketing for e-commerce businesses. | commercepundit.com |
Business activity
The main business activity of Commerce Pundit Technologies 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 Commerce Pundit Technologies Private Limited, buy the company report.
Financials of Commerce Pundit Technologies Private Limited
FY 2024 filings availableCommerce Pundit Technologies Private Limited reported revenue of ₹29.39 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.18 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 10.8% | ||||
| 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 Commerce Pundit Technologies Private Limited, buy the company report.
Board of directors of Commerce Pundit Technologies Private Limited
Commerce Pundit Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Kanaiyalal Modi Also directs: Commerce Pundit Property LLP, Epic Workforce Services LLP | Director | 25 Aug 2023 | 3 Years 1 Months | Current |
| Rajan Rohitkumar Shah Also directs: Commerce Pundit Property LLP, Epic Workforce Services LLP, Lesso Home IT Development (India) Private Limited and 2 more | Director | 07 Jul 2011 | 15 Years 3 Months | Current |
| Anjana Rohitkumar Shah Also directs: Commerce Pundit Property LLP, Epic Workforce Services LLP, Lesso Home IT Development (India) Private Limited and 5 more | Director | 07 Jul 2011 | 15 Years 3 Months | Current |
| Hiren Kanaiyalal Modi Also directs: Commerce Pundit Property LLP, Epic Workforce Services LLP, Lesso Home IT Development (India) Private Limited and 1 more | Director | 07 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Commerce Pundit Technologies 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Facctum IT Solutions India Private Limited | ₹29.41 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| Prevalent AI India Private Limited | ₹29.41 Cr (FY 2024) | 6.0% | Kunnathunad, Kerala, India | |||
| Lemon Technologies (India) Private Limited | ₹29.4 Cr (FY 2025) | -16.0% | Surat, Gujarat, India | |||
| Simtech IT Solutions Private Limited | ₹29.4 Cr (FY 2024) | 1.0% | Bengaluru, Karnataka, India | |||
| Mindbowser Infosolutions Private Limited | ₹29.39 Cr (FY 2024) | 9.0% | Pune, Maharashtra, India | |||
| Commerce Pundit Technologies Private Limitedthis company | ₹29.39 Cr (FY 2025) | ₹3.18 Cr | 10.8% | 7.0% | 216 | Gandhinagar, Gujarat, India |
| Olr India Consulting Private Limited | ₹29.35 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India | |||
| Everestdx (India) Private Limited | ₹29.34 Cr (FY 2025) | 30.0% | Hyderabad, Telangana, India | |||
| Savvysoft Technologies Private Limited | ₹29.32 Cr (FY 2024) | -21.0% | Chennai, Tamil Nadu, India | |||
| Cloud Eze Private Limited | ₹29.31 Cr (FY 2025) | 45.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Commerce Pundit Technologies Private Limited, buy the company report.
Auditor
Commerce Pundit Technologies Private Limited is audited by MEHUL G. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHUL G. SHAH & CO. | FY 2023 | 118829W |
Shareholding
The shareholding of Commerce Pundit Technologies 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 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 Commerce Pundit Technologies Private Limited, buy the company report.
Legal cases
Commerce Pundit Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Commerce Pundit Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Commerce Pundit Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Commerce Pundit Technologies Private Limited has a workforce of 216 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Commerce Pundit Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC7892E1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Commerce Pundit Technologies Private Limited, buy the company report.
Recent activity
Commerce Pundit Technologies Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Hitesh Kanaiyalal Modi ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Commerce Pundit Technologies is an active private limited company based in Gandhinagar, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 November 2009 (17+ years old) and is registered under CIN U72900GJ2009PTC058518.
Commerce Pundit Technologies has 4 current directors:
- Hitesh Kanaiyalal Modi - Director
- Rajan Rohitkumar Shah - Director
- Anjana Rohitkumar Shah - Director
- Hiren Kanaiyalal Modi - Director
The latest financial statements of Commerce Pundit Technologies 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 2015 are in the company report.
The GSTIN of Commerce Pundit Technologies is 24AADCC7892E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Commerce Pundit Technologies is U72900GJ2009PTC058518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Commerce Pundit Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Commerce Pundit Technologies was incorporated on 07 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Commerce Pundit Technologies by revenue are Facctum IT Solutions India Private Limited, Prevalent AI India Private Limited, Lemon Technologies (India) Private Limited, Simtech IT Solutions Private Limited, Mindbowser Infosolutions Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Hitesh Kanaiyalal Modi ceased to be Additional Director on 29 Sep 2023. Hitesh Kanaiyalal Modi was appointed as Director on 25 Aug 2023. Anjana Rohitkumar Shah was appointed as Director on 07 Jul 2011. Commerce Pundit Technologies has 6 board changes on record in total.
Commerce Pundit Technologies can be reached through the website commercepundit.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Commerce Pundit Technologies is at Corporate House 1 Inspire Business Park, Adani Shantigram Nr Vaisnodevi Circle, Gandhinagar, Gujarat, India – 382421.