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Enspire Device Private Limited - e-commerce in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.3 Lakh
▼ 53% YoY
Net loss · FY 2024
₹6.91 Lakh
Net margin -45.1%
EBITDA · FY 2024
-₹4.43 Lakh
EBITDA margin -29%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Enspire Device Private Limited
Data last updated:
Enspire Device Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 23 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2019PTC111607. Its GSTIN is 24AAFCE7602J1ZQ (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 Pravinbhai Patel and Ronakkumar Bharatbhai Sharma.
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 E – 103 Sukan Sky Nir – City Pulse Village – Kudasan Taluka – Gandhinagar, Gujarat, India – 382007.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.3 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹6.91 Lakh (net margin -45.1%) and EBITDA of -₹4.43 Lakh (EBITDA margin -29%). Revenue has grown at a compounded annual rate (CAGR) of 184% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website enspiredevice.com.
Company Details of Enspire Device Private Limited
CIN U29308GJ2019PTC111607
Registration Number 111607
Incorporation Date 23 December 2019
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
DPIIT Recognition Recognised Startup
Key People
Hitesh Pravinbhai Patel Director Ronakkumar Bharatbhai Sharma Director Ketulkumar Kanaiyalal Patel Additional Director Recognitions & Rankings of Enspire Device
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE – 103 Sukan Sky Nir – City Pulse Village – Kudasan Taluka – Gandhinagar, Gujarat, India – 382007
- IndustryE-Commerce, Online Electronics Retail
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Business Activity of Enspire Device Private Limited
The main business activity of Enspire Device is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Enspire Device Private Limited FY 2025 filings available
Enspire Device Private Limited reported revenue of ₹15.3 Lakh (down 53% YoY) for FY 2024.
Revenue · FY 2024
₹15.3 Lakh ▼ 53%
Net loss · FY 2024
₹6.91 Lakh margin -45.1%
EBITDA · FY 2024
-₹4.43 Lakh margin -29%
Compounded Annual Growth Rate (CAGR) of Enspire Device Private Limited
Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 184%
EBITDA CAGR growth
1 year
▼ 551%
3 years · compounded
▼ 28%
Revenue fell 53% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 184%. EBITDA fell 551% 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 Enspire Device 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 | -₹4.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.91 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Enspire Device Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -45.1% | •••• | •••• | •••• | •••• |
| 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 Enspire Device are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Enspire Device Private Limited
Enspire Device has 4 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 |
|---|---|---|---|---|
| Hitesh Pravinbhai Patel Also directs: Hiron Tech Solutions Private Limited | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Ronakkumar Bharatbhai Sharma Also directs: Hiron Tech Solutions Private Limited | Director | 23 Dec 2019 | 6 Years 9 Months | Current |
| Ketulkumar Kanaiyalal Patel | Additional Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Harsh Bharatbhai Patel | Additional Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Peer Comparison of Enspire Device Private Limited
Enspire Device Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Electronic Goods). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Energystar Technologies Private Limited | ₹17.99 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Mobimech Technologies Private Limited | ₹17.94 Lakh (FY 2023) | •••• | •••• | 154.0% | •••• | Delhi, India |
| Skaish International Private Limited | ₹16 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Kolhapur, Maharashtra, India |
| Opb India Waste Management Private Limited | ₹15.91 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| JSR Global Connect Private Limited | ₹15.46 Lakh (FY 2024) | •••• | •••• | •••• | Bhopal, Madhya Pradesh, India | |
| Enspire Device Private Limited this company | ₹15.3 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Gandhinagar, Gujarat, India |
| Trade World Software Xpert Private Limited | ₹13.67 Lakh (FY 2019) | •••• | •••• | 22683.0% | •••• | Mohali, Punjab, India |
| Grenoble Electronics Private Limited | ₹13.09 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Delhi, India |
| Brother Gadgets Private Limited | ₹13.04 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Delhi, India |
| Luhan Services & Technologies Private Limited | ₹13 Lakh (FY 2021) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Raincer Technologies Private Limited | ₹12.05 Lakh (FY 2024) | •••• | •••• | 1293.0% | •••• | Sri Ganganagar, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Enspire Device by revenue in the Ecommerce and Internet industry (Electronic Goods), 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 Enspire Device Private Limited
Enspire Device Private Limited is audited by N K ASWANI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N K ASWANI & CO | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Enspire Device Private Limited
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Charges & Borrowings of Enspire Device Private Limited
Enspire Device Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Enspire Device Private Limited
Employment history and EPFO contributions of people linked to Enspire Device.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Enspire Device Private Limited
Enspire Device Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Harsh Bharatbhai Patel was appointed as Additional Director on 10 Jul 2023.
AGM
Enspire Device Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Enspire Device Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Harsh Bharatbhai Patel was appointed as Additional Director.
Appointed
Ketulkumar Kanaiyalal Patel was appointed as Additional Director.
Ceased
Kinjalkumar Mukeshbhai Patel ceased to be Director.
Appointed
Hitesh Pravinbhai Patel was appointed as Director.
Appointed
Kinjalkumar Mukeshbhai Patel was appointed as Director.
Appointed
Ronakkumar Bharatbhai Sharma was appointed as Director.
Incorporation
23 Dec 2019
Enspire Device Private Limited was registered on 23 Dec 2019 with Roc Ahmedabad & aged 6 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Enspire Device Private Limited
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MSME Payment Delays by Enspire Device Private Limited
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Subsidiaries & Group Companies of Enspire Device Private Limited
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GST Compliance of Enspire Device Private Limited
Enspire Device has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE7602J1ZQ | Gujarat | Active | 16 Jan 2020 |
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MCA Filings & Documents of Enspire Device Private Limited
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Frequently Asked Questions about Enspire Device Private Limited
Enspire Device is an active private limited company based in Gandhinagar, Gujarat, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 23 December 2019 (7+ years old) and is registered under CIN U29308GJ2019PTC111607.
Enspire Device reported revenue of ₹15.3 Lakh for FY 2024 (down 53% YoY).
Enspire Device has 4 current directors:
- Hitesh Pravinbhai Patel - Director
- Ronakkumar Bharatbhai Sharma - Director
- Ketulkumar Kanaiyalal Patel - Additional Director
- Harsh Bharatbhai Patel - Additional Director
Enspire Device reported a net loss of ₹6.91 Lakh (net margin -45.1%) and EBITDA of -₹4.43 Lakh (EBITDA margin -29%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Enspire Device is 184% over three years. In the latest year (FY 2024) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Enspire Device is 24AAFCE7602J1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Enspire Device is U29308GJ2019PTC111607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enspire Device was incorporated on 23 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Enspire Device by revenue are Energystar Technologies Private Limited, Mobimech Technologies Private Limited, Skaish International Private Limited, Opb India Waste Management Private Limited, JSR Global Connect Private Limited and 5 more, all in the Ecommerce and Internet industry (Electronic Goods).
Harsh Bharatbhai Patel was appointed as Additional Director on 10 Jul 2023. Ketulkumar Kanaiyalal Patel was appointed as Additional Director on 10 Jul 2023. Kinjalkumar Mukeshbhai Patel ceased to be Director on 24 Nov 2021. Enspire Device has 6 board changes on record in total.
Yes, Enspire Device is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).