- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0011417

About Effex Business Solutions Private Limited
Data last updated:
Effex Business Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2011PTC220864.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Fowzia Shafiuddin Shaikh and Hardik Prakash Harsora.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 703 Regal Paradise Evershine City Vasai East, Thane, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.46 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹8.63 Lakh (net margin -33.9%) and EBITDA of -₹5.69 Lakh (EBITDA margin -22.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 27% over five years.
Effex Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0011417). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website effexway.com.
Company details
Recognitions & Rankings of Effex Business Solutions
Contact details
Effex Business Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is effexway.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 703 Regal Paradise Evershine City Vasai East, Thane, Maharashtra, India – 401208
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Effex Business Solutions 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
Business activity
The main business activity of Effex Business Solutions is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Effex Business Solutions Private Limited, buy the company report.
Financials of Effex Business Solutions Private Limited
FY 2025 filings availableEffex Business Solutions Private Limited reported revenue of ₹25.46 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 52% fall in the latest year. EBITDA fell 276% 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 |
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| EBITDA | -₹5.69 Lakh | ||||
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| Net Profit (PAT) | -₹8.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -22.3% | ||||
| Net Profit Margin | -33.9% | ||||
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To see the full financial statements and ratios of Effex Business Solutions Private Limited, buy the company report.
Board of directors of Effex Business Solutions Private Limited
Effex Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fowzia Shafiuddin Shaikh Also directs: Vancraft Exports LLP | Director | 11 Aug 2011 | 15 Years 3 Months | Current |
| Hardik Prakash Harsora Also directs: Vancraft Exports LLP, Viken Exports Private Limited | Director | 11 Aug 2011 | 15 Years 3 Months | Current |
Auditor
Effex Business Solutions Private Limited is audited by HITSU MOTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HITSU MOTA & CO | FY 2021 | 143933W |
Shareholding
The shareholding of Effex Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Effex Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Effex Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Effex Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Effex Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Effex Business Solutions Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Fowzia Shafiuddin Shaikh was appointed as Director on 11 Aug 2011.
Frequently asked questions
Effex Business Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 August 2011 (15+ years old) and is registered under CIN U72900MH2011PTC220864.
Effex Business Solutions has 2 current directors:
- Fowzia Shafiuddin Shaikh - Director
- Hardik Prakash Harsora - Director
The latest financial statements of Effex Business Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Effex Business Solutions is U72900MH2011PTC220864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Effex Business Solutions was incorporated on 11 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Fowzia Shafiuddin Shaikh was appointed as Director on 11 Aug 2011. Hardik Prakash Harsora was appointed as Director on 11 Aug 2011.
Yes, Effex Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0011417).
Effex Business Solutions can be reached through the website effexway.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Effex Business Solutions is at A – 703 Regal Paradise Evershine City Vasai East, Thane, Maharashtra, India – 401208.
Effex Business Solutions operates in the business outsourcing industry, in the business and IT consulting segment.

