About Estorifi Solutions Limited
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Estorifi Solutions Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PLC347754. Its GSTIN is 27AAGCE1349H1ZO (Maharashtra).
The company has an authorised share capital of ₹3.2 Cr and a paid-up capital of ₹3.1 Cr. It is led by directors including Raja Debnath (Whole-Time Director) and Gautam Vijay Udani.
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 2025, the company reported a revenue of ₹6.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -17.3%) and EBITDA of ₹2.49 Cr (EBITDA margin 36.8%). Revenue has grown at a compounded annual rate (CAGR) of 651% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it. The company has 1 deal on record (1 acquisition); the latest was in June 2024. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Opticpower Labs (OPC) Private Limited with revenue of ₹6.78 Cr.
For more details, the company can be reached via its website emandi.store.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressGlobal One 2nd Floor Cts No 252 1, Opp Sbi Lbs Marg Kurla(W), Mumbai, Maharashtra, India – 400070
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Estorifi Solutions Limited
The main business activity of Estorifi Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Estorifi Solutions Limited FY 2024 filings available
Estorifi Solutions Limited reported revenue of ₹6.77 Cr (up 180% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Estorifi Solutions Limited
Revenue has grown at a compounded annual rate (CAGR) of 651% over three years, including 180% growth in the latest year. EBITDA rose 94% 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 Estorifi Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.17 Cr | •••• | •••• | •••• | •••• |
| 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 Estorifi Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.3% | •••• | •••• | •••• | •••• |
| 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 Estorifi Solutions are in the company report.
Financial statements from FY 2021
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 Estorifi Solutions Limited
Estorifi Solutions Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Opticpower Labs (OPC) Private Limited | ₹6.78 Cr (FY 2024) | •••• | •••• | 128.0% | •••• | Bangalore, Karnataka, India |
| Infocus Infotech Private Limited | ₹6.78 Cr (FY 2025) | •••• | •••• | 8433.0% | •••• | Mulashi, Maharashtra, India |
| Three Aces Computers Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | 886.0% | •••• | West Bengal, India |
| Tetra Information Services Private Limited | ₹6.77 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Garvisai Private Limited | ₹6.77 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Indore, Madhya Pradesh, India |
| Estorifi Solutions Limited this company | ₹6.77 Cr (FY 2025) | •••• | •••• | 180.0% | •••• | Mumbai, Maharashtra, India |
| Fecund Software Services Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Pune, Maharashtra, India |
| Automation Cloud Solutions Private Limited | ₹6.77 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mangalore, Karnataka, India |
| Tech Talent Consulting India Private Limited | ₹6.76 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Bengaluru, Karnataka, India |
| Sieva Networks Solutions Private Limited | ₹6.76 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Thiruvananthapuram, Kerala, India |
| Progressive Infotech Private Limited | ₹6.75 Cr (FY 2025) | •••• | •••• | -88.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Estorifi Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Estorifi Solutions Limited
Estorifi Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Vijay Udani Also directs: Carebox Healthcare Solutions LLP, Veefin Solutions Limited, Globetf Solutions Limited and 5 more | Director | 13 Oct 2020 | 5 Years 11 Months | Current |
| Payal Mehul Maisheri Also directs: Globetf Solutions Limited, Finfuze Software Private Limited, Idvee Digital Labs Private Limited and 5 more | Director | 07 Sep 2024 | 2 Years 1 Months | Current |
| Ajay Babu Rajendran | Director | 05 Mar 2022 | 4 Years 7 Months | Current |
| Raja Debnath Also directs: Veefin Solutions Limited, Globetf Solutions Limited, Finfuze Software Private Limited and 5 more | Whole-Time Director | 13 Oct 2020 | 5 Years 11 Months | Current |
Charges & Borrowings of Estorifi Solutions Limited
Estorifi Solutions Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Estorifi Solutions Limited
Estorifi Solutions Limited has 1 deal on record (1 acquisition); the latest was in June 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Acquisition | ₹6.1 Lakh | Buyer: Veefin Solutions Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Estorifi Solutions Limited
Estorifi Solutions Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by an individual | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Estorifi Solutions Limited
Employment history and EPFO contributions of people linked to Estorifi Solutions.
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.
CIN History of Estorifi Solutions Limited
Estorifi Solutions has one previous CIN (Corporate Identification Number): U72900MH2020PTC347754. The current CIN is U72900MH2020PLC347754, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2020PLC347754 | Current |
| U72900MH2020PTC347754 | Previous |
News related to Estorifi Solutions Limited
Recent Activity on Estorifi Solutions Limited
Estorifi Solutions Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Payal Mehul Maisheri ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Estorifi Solutions 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 Estorifi Solutions 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 Estorifi Solutions 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 Estorifi Solutions Limited
Estorifi Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE1349H1ZO | Maharashtra | Active | 27 Nov 2020 |
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 Estorifi Solutions 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 Estorifi Solutions Limited
Estorifi Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 October 2020 (6+ years old) and is registered under CIN U72900MH2020PLC347754.
Estorifi Solutions reported revenue of ₹6.77 Cr for FY 2025 (up 180% YoY).
Estorifi Solutions has 4 current directors:
- Raja Debnath - Whole-Time Director
- Gautam Vijay Udani - Director
- Payal Mehul Maisheri - Director
- Ajay Babu Rajendran - Director
Estorifi Solutions reported a net loss of ₹1.17 Cr (net margin -17.3%) and EBITDA of ₹2.49 Cr (EBITDA margin 36.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Estorifi Solutions is 651% over three years. In the latest year (FY 2025) revenue rose 180%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Estorifi Solutions is 27AAGCE1349H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Estorifi Solutions is U72900MH2020PLC347754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Estorifi Solutions has 2 court cases on record: 2 filed against it.
Estorifi Solutions was incorporated on 13 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Estorifi Solutions has 1 deal on record (1 acquisition); the latest was in June 2024.
The peers of Estorifi Solutions by revenue are Opticpower Labs (OPC) Private Limited, Infocus Infotech Private Limited, Three Aces Computers Private Limited, Tetra Information Services Private Limited, Garvisai Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).