MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0096431
Elegant Microweb Technologies Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.32 Cr
▼ 17% YoY
Net profit · FY 2024
₹28.07 Lakh
Net margin 3.4%
EBITDA · FY 2024
₹3.96 Cr
EBITDA margin 47.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹59.52 Lakh
Issued & subscribed
Open charges
₹2.7 Cr
Satisfied ₹5.2 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
30
Provident fund records
About Elegant Microweb Technologies Private Limited
Data last updated:
Elegant Microweb Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2001PTC039905. Its GSTIN is 24AAACE3459J1ZO (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹59.52 Lakh. It is led by directors Kartik Vasudevbhai Patel (Managing Director) and Vinodaben Vasudevbhai Patel.
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/305 Shapath – IV Opp. Karnavati Club S G Highway, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.32 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹28.07 Lakh (net margin 3.4%) and EBITDA of ₹3.96 Cr (EBITDA margin 47.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elegant MicroWeb. As per MCA filings, the company has open charges of ₹2.7 Cr and satisfied charges of ₹5.2 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.5 Cr; the latest was in July 2018.
Elegant Microweb Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0096431). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elegantmicroweb.com.
Company details
CIN U72200GJ2001PTC039905
Registration Number 039905
Incorporation Date 23 August 2001
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0096431
Recognitions & Rankings of Elegant Microweb Technologies
Contact details
Elegant Microweb Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is elegantmicroweb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA/305 Shapath – IV Opp. Karnavati Club S G Highway, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Elegant Microweb Technologies Private Limited, buy the company report.
Comprehensive company report
Elegant Microweb Technologies 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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Secure checkout · GST invoice included
Brands
Elegant Microweb Technologies operates one associated brand: Elegant MicroWeb. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software product development and application services are provided offshore. | elegantmicroweb.com |
Business activity
The main business activity of Elegant Microweb 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 Elegant Microweb Technologies Private Limited, buy the company report.
Financials of Elegant Microweb Technologies Private Limited
FY 2025 filings availableElegant Microweb Technologies Private Limited reported revenue of ₹8.32 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹8.32 Cr ▼ 17%
Net profit · FY 2024
₹28.07 Lakh margin 3.4%
EBITDA · FY 2024
₹3.96 Cr margin 47.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 4%
5 years · compounded
▲ 55%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.96 Cr | ||||
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| Net Profit (PAT) | ₹28.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 47.6% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Elegant Microweb Technologies Private Limited, buy the company report.
Board of directors of Elegant Microweb Technologies Private Limited
Elegant Microweb Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Vasudevbhai Patel Also directs: Elegant Microweb Systems Private Limited | Managing Director | 23 Aug 2001 | 25 Years 2 Months | Current |
| Vinodaben Vasudevbhai Patel Also directs: Elegant Microweb Systems Private Limited | Director | 11 May 2018 | 8 Years 5 Months | Current |
Auditor
Elegant Microweb Technologies Private Limited is audited by CHANDULAL M. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDULAL M. SHAH & CO. | FY 2023 | 101698W |
Shareholding
The shareholding of Elegant Microweb 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 Elegant Microweb Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.7 Cr
Satisfied charges
₹5.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2015 | 10552231 | Others | ₹2.7 Cr | Open | |
| 12 Dec 2014 | 10536435 | Axis Bank Limited | ₹1.35 Cr | Satisfied | |
| 27 Jun 2012 | 10370156 | Others | ₹3.1 Cr | Satisfied | |
| 24 Jan 2006 | 80039361 | The Karur Vysya Bank Limited | ₹6 Lakh | Satisfied | |
| 28 Oct 2005 | 80039360 | Uti Bank Limited | ₹65 Lakh | Satisfied |
To see the full charge records of Elegant Microweb Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Elegant Microweb Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.5 Cr; the latest was in July 2018.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.5 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2010 | Funding round | ₹45.5 Lakh | Investors: Cometstream Limited |
| Dec 2009 | Funding round | ₹1.05 Cr | Investors: Cometstream Limited |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elegant Microweb Technologies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-Ii | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax - II | Disposed |
To see the full case history of Elegant Microweb 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 Elegant Microweb Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elegant Microweb Technologies Private Limited has a workforce of 30 employees on its EPFO records as of Jul 13, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
30.43%
GST
Elegant Microweb Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE3459J1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elegant Microweb Technologies Private Limited, buy the company report.
Recent activity
Elegant Microweb Technologies Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Vasudev Lalbhai Patel ceased to be Director on 03 Jun 2018.
AGM
Elegant Microweb Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elegant Microweb Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 27 Jun 2012 via Charge ID 10370156 with Others was fully satisfied on 10 Mar 2025.
Charges
A charge with Others of Rs. 270.34 Lakh registered on 23 Jan 2015 with Charge ID 10552231 was modified on 06 Jun 2020.
Ceased
Vasudev Lalbhai Patel ceased to be Director.
Appointed
Vinodaben Vasudevbhai Patel was appointed as Director.
Charges
A charge with Others of Rs. 310.13 Lakh registered on 27 Jun 2012 with Charge ID 10370156 was modified on 04 Feb 2017.
Charges
A charge registered on 12 Dec 2014 via Charge ID 10536435 with Axis Bank Limited was fully satisfied on 04 Mar 2015.
Charges
A charge with Others amounted to Rs. 270.34 Lakh with Charge ID 10552231 was registered on 23 Jan 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 135.00 Lakh with Charge ID 10536435 was registered on 12 Dec 2014.
Charges
A charge with Others amounted to Rs. 310.13 Lakh with Charge ID 10370156 was registered on 27 Jun 2012.
Charges
A charge registered on 28 Oct 2005 via Charge ID 80039360 with Uti Bank Limited was fully satisfied on 16 Jun 2012.
10 earlier events are in the company report.
News
Frequently asked questions
Elegant Microweb Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 August 2001 (25+ years old) and is registered under CIN U72200GJ2001PTC039905.
Elegant Microweb Technologies has 2 current directors:
- Kartik Vasudevbhai Patel - Managing Director
- Vinodaben Vasudevbhai Patel - Director
The latest financial statements of Elegant Microweb Technologies 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 GSTIN of Elegant Microweb Technologies is 24AAACE3459J1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Elegant Microweb Technologies is U72200GJ2001PTC039905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Microweb Technologies has 3 court cases on record: 3 filed against it.
Elegant Microweb Technologies was incorporated on 23 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Elegant Microweb Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.5 Cr; the latest was in July 2018.
Vasudev Lalbhai Patel ceased to be Director on 03 Jun 2018. Vinodaben Vasudevbhai Patel was appointed as Director on 11 May 2018. Kartik Vasudevbhai Patel was appointed as Managing Director on 23 Aug 2001. Elegant Microweb Technologies has 4 board changes on record in total.
Yes, Elegant Microweb Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0096431).