Digiswag Technologies Private Limited
About Digiswag Technologies Private Limited
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Digiswag Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 24 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC285144. Its GSTIN is 27AAFCD8203N1ZE (Maharashtra).
The company has an authorised share capital of ₹50,000 and a paid-up capital of ₹50,000. It is led by directors including Deepali Mahipat Nikam and Madhuri Ruke Madhukar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.6 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹641 (net margin -0.2%) and EBITDA of ₹8,000 (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address3/113 Khernagar Kala Chsl Ram Mandir Road Near Khernagar Bandra (, E), Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, Web Design & Maintenance Services
- 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 Digiswag Technologies Private Limited
The main business activity of Digiswag Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Digiswag Technologies Private Limited FY 2024 filings available
Digiswag Technologies Private Limited reported revenue of ₹2.6 Lakh (up 158% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Digiswag Technologies Private Limited
Revenue rose 158% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 75% 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 Digiswag 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 | ₹8,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹641 | •••• | •••• | •••• | •••• |
| 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 Digiswag Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.2% | •••• | •••• | •••• | •••• |
| 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 Digiswag Technologies are in the company report.
Financial statements from FY 2017
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 Digiswag Technologies Private Limited
Digiswag Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alm Business Consulting Service Private Limited | ₹2.69 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Gulbarga, Karnataka, India |
| ZTS Infotech Private Limited | ₹2.67 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Rayies Global Solutions Private Limited | ₹2.67 Lakh (FY 2017) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Pompeii Technologies Private Limited | ₹2.66 Lakh (FY 2018) | •••• | •••• | -66.0% | •••• | Nagpur, Maharashtra, India |
| Revenue Box Technologies Private Limited | ₹2.61 Lakh (FY 2023) | •••• | •••• | -93.0% | •••• | Bangalore, Karnataka, India |
| Digiswag Technologies Private Limited this company | ₹2.6 Lakh (FY 2024) | •••• | •••• | 158.0% | •••• | Mumbai, Maharashtra, India |
| H(W)Ealth Technologies Private Limited | ₹2.58 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Dhule, Maharashtra, India |
| M A Taxview Private Limited | ₹2.55 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Riyadvi Software Technologies Private Limited | ₹2.55 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Chennai, Tamil Nadu, India |
| Flying Arrow Creatives Private Limited | ₹2.54 Lakh (FY 2025) | •••• | •••• | 125.0% | •••• | Gurugram, Haryana, India |
| New Era System Private Limited | ₹2.54 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Digiswag Technologies by revenue in the Information Technology industry (Website Design and Maintenance), 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 Digiswag Technologies Private Limited
Digiswag Technologies Private Limited is audited by Durga Krishnamurthy & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Durga Krishnamurthy & Co | 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 Digiswag Technologies Private Limited
Digiswag Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepali Mahipat Nikam | Director | 13 Sep 2017 | 9 Years 0 Months | Current |
| Madhuri Ruke Madhukar | Director | 13 Sep 2017 | 9 Years 0 Months | Current |
| Rajendra Narayan Samel | Director | 13 Sep 2017 | 9 Years 0 Months | Current |
Ownership and Shareholding of Digiswag 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 Digiswag Technologies Private Limited
Digiswag Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Digiswag Technologies Private Limited
Employment history and EPFO contributions of people linked to Digiswag 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 Digiswag Technologies Private Limited
Digiswag Technologies Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Sanjana Shrivatsal Koyande ceased to be Director on 11 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Digiswag 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.
MSME Payment Delays by Digiswag Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Digiswag 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 Digiswag Technologies Private Limited
Digiswag Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD8203N1ZE | Maharashtra | Active | 12 Jul 2018 |
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 Digiswag 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 Digiswag Technologies Private Limited
Digiswag Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 24 August 2016 (10+ years old) and is registered under CIN U72900MH2016PTC285144.
Digiswag Technologies reported revenue of ₹2.6 Lakh for FY 2024 (up 158% YoY).
Digiswag Technologies has 3 current directors:
- Deepali Mahipat Nikam - Director
- Madhuri Ruke Madhukar - Director
- Rajendra Narayan Samel - Director
Digiswag Technologies reported a net loss of ₹641 (net margin -0.2%) and EBITDA of ₹8,000 (EBITDA margin 3.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Digiswag Technologies is -22% over three years. In the latest year (FY 2024) revenue rose 158%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Digiswag Technologies is 27AAFCD8203N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Digiswag Technologies is U72900MH2016PTC285144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digiswag Technologies was incorporated on 24 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Digiswag Technologies by revenue are Alm Business Consulting Service Private Limited, ZTS Infotech Private Limited, Rayies Global Solutions Private Limited, Pompeii Technologies Private Limited, Revenue Box Technologies Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Sanjana Shrivatsal Koyande ceased to be Director on 11 Nov 2021. Sonali Suresh Gawade ceased to be Director on 11 Nov 2021. Balakrishna Somappa Uchil ceased to be Director on 01 Feb 2018. Digiswag Technologies has 9 board changes on record in total.
Yes, Digiswag Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).