About Ecomgrowth Web Solution Private Limited
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Ecomgrowth Web Solution Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 11 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2015PTC083833.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavnaben Bharatbhai Keshwala and Bharatbhai Keshubhai Keshwala.
Its last annual general meeting (AGM) was held on 09 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B/802 Samudra Complex Nr. Girish Cold Drinks Cross Road C.G. Road Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2020, the company reported a revenue of ₹28.65 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹1.65 Lakh (net margin -5.8%) and EBITDA of -₹1.32 Lakh (EBITDA margin -4.6%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
The company is associated with 1 brand: eComgrowth.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecomgrowth.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressB/802 Samudra Complex Nr. Girish Cold Drinks Cross Road C.G. Road Ahmedabad, Gujarat, India – 380009
- IndustryInformation Technology, Software Development & Support 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
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Business Activity of Ecomgrowth Web Solution Private Limited
The main business activity of Ecomgrowth Web Solution is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Ecomgrowth Web Solution Private Limited FY 2020 filings available
Ecomgrowth Web Solution Private Limited reported revenue of ₹28.65 Lakh (down 25% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Ecomgrowth Web Solution Private Limited
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 245% 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 Ecomgrowth Web Solution Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹1.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.65 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ecomgrowth Web Solution Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ecomgrowth Web Solution are in the company report.
Financial statements from FY 2016
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 Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innoneur IT Ventures Private Limited | •••• | •••• | •••• | •••• | - | Trivendrum, Kerala, India |
| Blue Verse Systems India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Bestq Software Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kambec Infotech Private Limited | •••• | •••• | •••• | •••• | - | School, Ludhiana, Punjab, India |
| Hanuai Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ecomgrowth Web Solution Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Antrovert Tech Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Atcom Technologies Limited Listed | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Carecoin Technologies Private Limited | •••• | •••• | •••• | •••• | 32 | New Delhi, Delhi, India |
| Yarnit Innovations Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Altruism Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ecomgrowth Web Solution by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution Private Limited is audited by GAUTAM JOSHI & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GAUTAM JOSHI & 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 Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavnaben Bharatbhai Keshwala | Director | 11 Jul 2015 | 11 Years 2 Months | Current |
| Bharatbhai Keshubhai Keshwala | Director | 11 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Ecomgrowth Web Solution 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 Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution operates one associated brand: eComgrowth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom application development services for businesses. | ecomgrowth.com |
Employees and EPFO Compliance at Ecomgrowth Web Solution Private Limited
Employment history and EPFO contributions of people linked to Ecomgrowth Web Solution.
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 Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Diljit Govindbhai Gadhavi ceased to be Director on 01 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ecomgrowth Web Solution 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 Ecomgrowth Web Solution 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 Ecomgrowth Web Solution 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 Ecomgrowth Web Solution Private Limited
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 Ecomgrowth Web Solution 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 Ecomgrowth Web Solution Private Limited
Ecomgrowth Web Solution is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 11 July 2015 (11+ years old) and is registered under CIN U72200GJ2015PTC083833.
Ecomgrowth Web Solution reported revenue of ₹28.65 Lakh for FY 2020 (down 25% YoY).
Ecomgrowth Web Solution has 2 current directors:
- Bhavnaben Bharatbhai Keshwala - Director
- Bharatbhai Keshubhai Keshwala - Director
Ecomgrowth Web Solution reported a net loss of ₹1.65 Lakh (net margin -5.8%) and EBITDA of -₹1.32 Lakh (EBITDA margin -4.6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ecomgrowth Web Solution is 51% over three years. In the latest year (FY 2020) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ecomgrowth Web Solution is U72200GJ2015PTC083833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecomgrowth Web Solution was incorporated on 11 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ecomgrowth Web Solution by revenue are Innoneur IT Ventures Private Limited, Blue Verse Systems India Private Limited, Bestq Software Private Limited, Kambec Infotech Private Limited, Hanuai Private Limited and 5 more, all in the Information Technology industry (Software Services).
Diljit Govindbhai Gadhavi ceased to be Director on 01 Jul 2020. Vanrajkumar Jilubhai Langa ceased to be Director on 01 Jul 2020. Bharatbhai Keshubhai Keshwala was appointed as Director on 11 Jul 2015. Ecomgrowth Web Solution has 4 board changes on record in total.
Ecomgrowth Web Solution can be reached through the website ecomgrowth.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ecomgrowth Web Solution is at B802 Samudra Complex Nr. Girish Cold Drinks Cross Road C.G. Road Ahmedabad, Gujarat, India – 380009.