- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0015751

About Giftcart Ecommerce Private Limited
Data last updated:
Giftcart Ecommerce Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Virtuos Digital Limited. It operates in the personalized gifts and merchandise segment of the e-commerce sector. It was incorporated on 12 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52590DL2012PTC234274. Its GSTIN is 07AAECG6783H1ZA (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Amarinder Singh and Shaloo Reddi.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No. 138 Room No.1 Ground Floor Greater Kailash – I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.25 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹31.44 Lakh (net margin -61.3%) and EBITDA of -₹31.08 Lakh (EBITDA margin -60.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company is associated with 1 brand: Giftcart. Court records list 2 cases involving the company, including 2 filed against it. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2021. Its 6 peer companies in the Ecommerce and Internet industry (Customized Gifts), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 3 smaller; the largest is Huppme E-Com Network Private Limited with revenue of ₹64.27 Lakh.
Giftcart Ecommerce Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0015751). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giftcart.com.
Company details
Recognitions & Rankings of Giftcart Ecommerce
Contact details
Giftcart Ecommerce Private Limited's registered office is in New Delhi, Delhi. Its website is giftcart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No. 138 Room No.1 Ground Floor Greater Kailash – I, New Delhi, Delhi, India – 110048
- IndustryE-Commerce, Personalized Gifts & Merchandise
To see the full contact details of Giftcart Ecommerce Private Limited, buy the company report.
- 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
Brands
Giftcart Ecommerce operates one associated brand: Giftcart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online gifting portal | giftcart.com |
Business activity
The main business activity of Giftcart Ecommerce is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Giftcart Ecommerce Private Limited, buy the company report.
Financials of Giftcart Ecommerce Private Limited
FY 2025 filings availableGiftcart Ecommerce Private Limited reported revenue of ₹51.25 Lakh (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹31.08 Lakh | ||||
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| Net Profit (PAT) | -₹31.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -60.6% | ||||
| Net Profit Margin | -61.3% | ||||
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To see the full financial statements and ratios of Giftcart Ecommerce Private Limited, buy the company report.
Board of directors of Giftcart Ecommerce Private Limited
Giftcart Ecommerce has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarinder Singh Also directs: Virtuos Digital Limited, Indic Digital Experiences Limited, Tekcorp Paradigms Private Limited and 1 more | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Shaloo Reddi | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Kristina Hermanns Also directs: Virtuos Digital Limited | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Giftcart Ecommerce Private Limited is compared with the 6 companies closest to it by revenue in the Ecommerce and Internet industry (Customized Gifts), 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 |
|---|---|---|---|---|---|---|
| Huppme E-Com Network Private Limited | ₹64.27 Lakh (FY 2022) | -21.0% | New Delhi, Delhi, India | |||
| Wrap Your Wish Private Limited | ₹59.4 Lakh (FY 2025) | -57.0% | Gurugram, Haryana, India | |||
| Lykke Sustainable Designs Private Limited | ₹54.16 Lakh (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Giftcart Ecommerce Private Limitedthis company | ₹51.25 Lakh (FY 2025) | -₹31.44 Lakh | -61.3% | -16.0% | New Delhi, Delhi, India | |
| Ditva Private Limited | ₹44.21 Lakh (FY 2025) | -18.0% | Kanpur, Uttar Pradesh, India | |||
| Osmly Businessji Gifting Private Limited | ₹43.54 Lakh (FY 2025) | 11.0% | Hisar, Haryana, India | |||
| Cakesportal Florist Private Limited | ₹35.92 Lakh (FY 2025) | 63.0% | Delhi, India |
To see the full peer comparison of Giftcart Ecommerce Private Limited, buy the company report.
Auditor
Giftcart Ecommerce Private Limited is audited by S. K. Suri & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Suri & Associates | FY 2023 | 01014IN |
Shareholding
The shareholding of Giftcart Ecommerce 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 Giftcart Ecommerce Private Limited, buy the company report.
Deals & funding
Giftcart Ecommerce Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Rights issue | ₹1 Cr | Investors: Virtuous Digital Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Virtuous Digital Limited Seller: Virtuous Solutions Private Limited |
| Mar 2014 | Funding round | ₹99 Lakh | Investors: Virtuous Solutions Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Virtuous Solutions Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Giftcart Ecommerce Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed against the company by Bennett Coleman and Co Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Legal Metrology Department | Disposed |
To see the full case history of Giftcart Ecommerce 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 Giftcart Ecommerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Giftcart Ecommerce has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECG6783H1ZA | Delhi | Active | 01 Jul 2017 |
| 06AAECG6783H1ZC | Haryana | Active | 01 Jul 2017 |
| 06AAECG6783H1CN | Haryana | Active | 06 Mar 2019 |
To see the full GST registrations and return filing status of Giftcart Ecommerce Private Limited, buy the company report.
Recent activity
Giftcart Ecommerce Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Amarinder Singh was appointed as Director on 01 Feb 2024.
Frequently asked questions
Giftcart Ecommerce is an active private limited company based in New Delhi, Delhi, India. The company works in personalized gifts and merchandise, within the e-commerce industry. It was incorporated on 12 April 2012 (14+ years old) and is registered under CIN U52590DL2012PTC234274.
Giftcart Ecommerce has 3 current directors:
- Amarinder Singh - Director
- Shaloo Reddi - Director
- Kristina Hermanns - Director
The latest financial statements of Giftcart Ecommerce on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Giftcart Ecommerce is 07AAECG6783H1ZA, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAECG6783H1ZC (Haryana), 06AAECG6783H1CN (Haryana).
The CIN (Corporate Identification Number) of Giftcart Ecommerce is U52590DL2012PTC234274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Giftcart Ecommerce has 2 court cases on record: 2 filed against it.
Giftcart Ecommerce was incorporated on 12 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Giftcart Ecommerce has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2021.
The peers of Giftcart Ecommerce by revenue are Huppme E-Com Network Private Limited, Wrap Your Wish Private Limited, Lykke Sustainable Designs Private Limited, Ditva Private Limited, Osmly Businessji Gifting Private Limited and 1 more, all in the Ecommerce and Internet industry (Customized Gifts), with the same principal business activity (retail trading).
Amarinder Singh was appointed as Director on 01 Feb 2024. Nandyala Aruna ceased to be Director on 01 Feb 2024. Shaloo Reddi was appointed as Director on 01 Feb 2024. Giftcart Ecommerce has 6 board changes on record in total.
Yes, Giftcart Ecommerce is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0015751).