MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0089263
Exemplar Systems Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.16 Cr
▲ 85% YoY
Net profit · FY 2024
₹17.18 Lakh
Net margin 5.4%
EBITDA · FY 2024
₹34.91 Lakh
EBITDA margin 11.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
40 yrs
Est. 1986
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Exemplar Systems Private Limited
Data last updated:
Exemplar Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 16 December 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1986PTC041904. Its GSTIN is 27AABCE6715E1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Kishor Shah and Maithili Ajay Shah.
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 Floor – 1 41 F Regal Cinema Shahid Bhagat Singh Road Dr. S P Mukherjee Chowk Colaba, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.16 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹17.18 Lakh (net margin 5.4%) and EBITDA of ₹34.91 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 2% over five years.
The company is associated with 1 brand: Rubberband.
Exemplar Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0089263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rubberbandproducts.com.
Company details
CIN U74140MH1986PTC041904
Registration Number 041904
Incorporation Date 16 December 1986
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-19-0089263
Recognitions & Rankings of Exemplar Systems
Contact details
Exemplar Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is rubberbandproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFloor – 1 41 F Regal Cinema Shahid Bhagat Singh Road Dr. S P Mukherjee Chowk Colaba, Mumbai, Maharashtra, India – 400001
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Exemplar Systems Private Limited, buy the company report.
Comprehensive company report
Exemplar Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Exemplar Systems operates one associated brand: Rubberband. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stationery products including notebooks and rulers offered in India. | rubberbandproducts.com |
Business activity
The main business activities of Exemplar Systems are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Exemplar Systems Private Limited, buy the company report.
Financials of Exemplar Systems Private Limited
FY 2025 filings availableExemplar Systems Private Limited reported revenue of ₹3.16 Cr (up 85% YoY) for FY 2024.
Revenue · FY 2024
₹3.16 Cr ▲ 85%
Net profit · FY 2024
₹17.18 Lakh margin 5.4%
EBITDA · FY 2024
₹34.91 Lakh margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 66%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 38%
5 years · compounded
▲ 18%
Revenue rose 85% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 78% 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 | ₹34.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Exemplar Systems Private Limited, buy the company report.
Board of directors of Exemplar Systems Private Limited
Exemplar Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kishor Shah | Director | 15 Feb 1989 | 37 Years 8 Months | Current |
| Maithili Ajay Shah | Director | 01 Dec 2006 | 19 Years 10 Months | Current |
Peer comparison
Exemplar Systems Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| World Goods Marketplace Private Limited | ₹3.17 Cr (FY 2025) | 152.0% | Ahmedabad, Gujarat, India | |||
| Banggood Ecommerce Private Limited | ₹3.16 Cr (FY 2020) | 5.0% | Delhi, India | |||
| Exemplar Systems Private Limitedthis company | ₹3.16 Cr (FY 2024) | ₹17.18 Lakh | 5.4% | 85.0% | Mumbai, Maharashtra, India | |
| Juspaid Private Limited | ₹3.14 Cr (FY 2022) | 467.0% | Ernakulam, Kerala, India | |||
| Karishma International (OPC) Private Limited | ₹3.14 Cr (FY 2019) | 1193.0% | Adityapur, Jharkhand, India |
To see the full peer comparison of Exemplar Systems Private Limited, buy the company report.
Auditor
Exemplar Systems Private Limited is audited by VINOD S MEHTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD S MEHTA & CO | FY 2021 | 111524W |
Shareholding
The shareholding of Exemplar Systems Private Limited is on record for 4 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 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Exemplar Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Exemplar Systems 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 Exemplar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Exemplar Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE6715E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Exemplar Systems Private Limited, buy the company report.
Recent activity
Exemplar Systems Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Maithili Ajay Shah was appointed as Director on 01 Dec 2006.
AGM
Exemplar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Exemplar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Maithili Ajay Shah was appointed as Director.
Appointed
Ajay Kishor Shah was appointed as Director.
Incorporation
16 Dec 1986
Exemplar Systems Private Limited was registered on 16 Dec 1986 with Roc Mumbai & aged 39 years 10 months as per MCA records.
Frequently asked questions
Exemplar Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 16 December 1986 (40+ years old) and is registered under CIN U74140MH1986PTC041904.
Exemplar Systems has 2 current directors:
- Ajay Kishor Shah - Director
- Maithili Ajay Shah - Director
The latest financial statements of Exemplar Systems 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 Exemplar Systems is 27AABCE6715E1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Exemplar Systems is U74140MH1986PTC041904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exemplar Systems was incorporated on 16 December 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Exemplar Systems by revenue are World Goods Marketplace Private Limited, Banggood Ecommerce Private Limited, Juspaid Private Limited, Karishma International (OPC) Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Maithili Ajay Shah was appointed as Director on 01 Dec 2006. Ajay Kishor Shah was appointed as Director on 15 Feb 1989.
Yes, Exemplar Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0089263).
Exemplar Systems can be reached through the website rubberbandproducts.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Exemplar Systems is at Floor – 1 41 F Regal Cinema Shahid Bhagat Singh Road Dr. S P Mukherjee Chowk Colaba, Mumbai, Maharashtra, India – 400001.