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Gapspasm Technology Solutions Private Limited - information technology in Farrukhabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.92 Lakh
▲ 257% YoY
Net loss · FY 2024
₹88.66 Lakh
Net margin -355.8%
EBITDA · FY 2024
-₹1.18 Cr
EBITDA margin -474%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹7.72 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
Active GSTINs
2
GST registered
About Gapspasm Technology Solutions Private Limited
Data last updated:
Gapspasm Technology Solutions Private Limited is a private limited company based in Farrukhabad, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2018PTC105064. Its GSTIN is 09AAHCG3533C1ZV (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.72 Lakh. It is led by directors including Mohit Patel and Pramudit Somvanshi.
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 6B/143 Awas Vikas Colony, Farrukhabad, Uttar Pradesh, India – 209625.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.92 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹88.66 Lakh (net margin -355.8%) and EBITDA of -₹1.18 Cr (EBITDA margin -474%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company is associated with 1 brand: Ingenium. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.1 Cr; the latest was in July 2022. Its 8 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 4 larger and 4 smaller; the largest is Vitesse Works Private Limited with revenue of ₹24.93 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ingeniumedu.com.
Company details
CIN U74999UP2018PTC105064
Registration Number 105064
Incorporation Date 07 June 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Gapspasm Technology Solutions
Contact details
Gapspasm Technology Solutions Private Limited's registered office is in Farrukhabad, Uttar Pradesh. Its website is ingeniumedu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6B/143 Awas Vikas Colony, Farrukhabad, Uttar Pradesh, India – 209625
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Gapspasm Technology Solutions Private Limited, buy the company report.
Comprehensive company report
Gapspasm Technology Solutions 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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Brands
Gapspasm Technology Solutions operates one associated brand: Ingenium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Custom apps and branded LMS solutions are provided by Ingenium. | ingeniumedu.com |
Business activity
The main business activity of Gapspasm Technology Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Gapspasm Technology Solutions Private Limited, buy the company report.
Financials of Gapspasm Technology Solutions Private Limited
FY 2024 filings availableGapspasm Technology Solutions Private Limited reported revenue of ₹24.92 Lakh (up 257% YoY) for FY 2024.
Revenue · FY 2024
₹24.92 Lakh ▲ 257%
Net loss · FY 2024
₹88.66 Lakh margin -355.8%
EBITDA · FY 2024
-₹1.18 Cr margin -474%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 257%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 32%
5 years · compounded
▼ 394%
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 257% growth in the latest year. EBITDA rose 7% 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 | -₹1.18 Cr | ||||
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| Net Profit (PAT) | -₹88.66 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 | -474% | ||||
| Net Profit Margin | -355.8% | ||||
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To see the full financial statements and ratios of Gapspasm Technology Solutions Private Limited, buy the company report.
Board of directors of Gapspasm Technology Solutions Private Limited
Gapspasm Technology Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Patel | Director | 11 May 2019 | 7 Years 5 Months | Current |
| Pramudit Somvanshi | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
| Akash Gupta | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
| Vikas Kuthiala Also directs: Mountain Promoters Private Limited, Fourseven Services Private Limited, Kmunotag Private Limited and 1 more | Director | 20 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Gapspasm Technology Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vitesse Works Private Limited | ₹24.93 Lakh (FY 2025) | -28.0% | Kanakapura Road, Karnataka, India | |||
| Datapit Technologies India Private Limited | ₹24.93 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Skillgym (OPC) Private Limited | ₹24.93 Lakh (FY 2024) | 128.0% | Hyderabad, Telangana, India | |||
| Logicorn Tech Services (OPC) Private Limited | ₹24.92 Lakh (FY 2025) | -19.0% | Sattur, Tamil Nadu, India | |||
| Gapspasm Technology Solutions Private Limitedthis company | ₹24.92 Lakh (FY 2024) | -₹88.66 Lakh | -355.8% | 257.0% | Farrukhabad, Uttar Pradesh, India | |
| Metacorp ITES Private Limited | ₹24.91 Lakh (FY 2025) | -16.0% | Delhi, India | |||
| Environment and Power Technologies Private Limited | ₹24.91 Lakh (FY 2025) | -35.0% | Bangalore, Karnataka, India | |||
| Inteligeeks Consultancy Private Limited | ₹24.9 Lakh (FY 2025) | -67.0% | Jamshedpur, Jharkhand, India | |||
| Maxthrive Infosolution Private Limited | ₹24.9 Lakh (FY 2021) | 1632.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Gapspasm Technology Solutions Private Limited, buy the company report.
Auditor
Gapspasm Technology Solutions Private Limited is audited by P.K. MARWAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K. MARWAH & CO. | FY 2022 | 020205N |
Shareholding
The shareholding of Gapspasm Technology Solutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Gapspasm Technology Solutions Private Limited, buy the company report.
Deals & funding
Gapspasm Technology Solutions Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.1 Cr; the latest was in July 2022.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹3.1 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹11 Lakh | Investors: 2 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: India Accelerator Seller: 3 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Gapspasm Technology Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Gapspasm Technology 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 Gapspasm Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gapspasm Technology Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCG3533C1ZV | Uttar Pradesh | Active | 14 Nov 2020 |
| 09AAHCG3533C1C6 | Uttar Pradesh | Active | 20 Jan 2021 |
To see the full GST registrations and return filing status of Gapspasm Technology Solutions Private Limited, buy the company report.
Recent activity
Gapspasm Technology Solutions Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Vikas Kuthiala ceased to be Additional Director on 03 Dec 2020.
AGM
Gapspasm Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gapspasm Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Vikas Kuthiala ceased to be Additional Director.
Appointed
Vikas Kuthiala was appointed as Director.
Ceased
Saurabh Anand ceased to be Director.
Appointed
Mohit Patel was appointed as Director.
Appointed
Akash Gupta was appointed as Director.
Appointed
Pramudit Somvanshi was appointed as Director.
Incorporation
07 Jun 2018
Gapspasm Technology Solutions Private Limited was registered on 07 Jun 2018 with Roc Kanpur & aged 8 years 4 months as per MCA records.
Frequently asked questions
Gapspasm Technology Solutions is an active private limited company based in Farrukhabad, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2018 (8+ years old) and is registered under CIN U74999UP2018PTC105064.
Gapspasm Technology Solutions has 4 current directors:
- Mohit Patel - Director
- Pramudit Somvanshi - Director
- Akash Gupta - Director
- Vikas Kuthiala - Director
The latest financial statements of Gapspasm Technology Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Gapspasm Technology Solutions is 09AAHCG3533C1ZV, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAHCG3533C1C6 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Gapspasm Technology Solutions is U74999UP2018PTC105064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gapspasm Technology Solutions was incorporated on 07 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.
Gapspasm Technology Solutions has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.1 Cr; the latest was in July 2022.
The peers of Gapspasm Technology Solutions by revenue are Vitesse Works Private Limited, Datapit Technologies India Private Limited, Skillgym (OPC) Private Limited, Logicorn Tech Services (OPC) Private Limited, Metacorp ITES Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Vikas Kuthiala ceased to be Additional Director on 03 Dec 2020. Vikas Kuthiala was appointed as Director on 20 May 2020. Saurabh Anand ceased to be Director on 14 Sep 2019. Gapspasm Technology Solutions has 6 board changes on record in total.
Yes, Gapspasm Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Gapspasm Technology Solutions can be reached through the website ingeniumedu.com. Its registered office is in Farrukhabad, Uttar Pradesh, India.