
About Gigboat Private Limited
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Gigboat Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC133973.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Umesh Narasimhaiah and Praveen Kumar Shivaputra Kudari.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.88 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.75 Lakh (net margin 7.2%) and EBITDA of ₹7.6 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 197% over three years.
The company is associated with 1 brand: GigBoat.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gigboat.com.
Company details
Recognitions & Rankings of Gigboat
Contact details
Gigboat Private Limited's registered office is in Bangalore, Karnataka.
- Apps
- Registered AddressFlat #23 Old Building 1 Trinity Enclave, Nagavarapalya Benniganahalli, Bangalore, Karnataka, India – 560093
- IndustryInformation Technology, Other Computer Related Activities
- 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
Gigboat operates one associated brand: GigBoat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online social platform that connects neighbors for community interactions. | gigboat.com |
Business activity
The main business activity of Gigboat is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Gigboat Private Limited, buy the company report.
Financials of Gigboat Private Limited
FY 2025 filings availableGigboat Private Limited reported revenue of ₹51.88 Lakh (up 464% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 197% over three years, including 464% growth in the latest year. EBITDA rose 441% 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 | ₹7.6 Lakh | ||||
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| Net Profit (PAT) | ₹3.75 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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| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Gigboat Private Limited, buy the company report.
Board of directors of Gigboat Private Limited
Gigboat has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Narasimhaiah Also directs: Bhivealts Infra LLP, Bhivealts Taurus Towers LLP, Bhivealts Corona Colab LLP and 4 more | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
| Praveen Kumar Shivaputra Kudari | Director | 15 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Gigboat Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Openpixel Web Solutions Private Limited | ₹51.92 Lakh (FY 2024) | 14.0% | Secunderabad, Telangana, India | |||
| Webfynd Digital Private Limited | ₹51.89 Lakh (FY 2023) | Gurugram, Haryana, India | ||||
| Gigboat Private Limitedthis company | ₹51.88 Lakh (FY 2025) | ₹3.75 Lakh | 7.2% | 464.0% | Bangalore, Karnataka, India | |
| Buypassnow Private Limited | ₹51.87 Lakh (FY 2024) | 33.0% | Pune, Maharashtra, India | |||
| Zeblearn Solution Private Limited | ₹51.86 Lakh (FY 2025) | -5.0% | Delhi, India | |||
| Starryp&S Tech Private Limited | ₹51.85 Lakh (FY 2025) | 224.0% | Noida, Uttar Pradesh, India | |||
| Pointer Soft Technologies Private Limited | ₹51.84 Lakh (FY 2025) | 78.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Gigboat Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gigboat 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 Gigboat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gigboat Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gigboat Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Shrikant Bhimrao Vanahalli ceased to be Director on 15 Dec 2022.
Frequently asked questions
Gigboat is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 30 April 2020 (6+ years old) and is registered under CIN U72900KA2020PTC133973.
Gigboat has 2 current directors:
- Umesh Narasimhaiah - Director
- Praveen Kumar Shivaputra Kudari - Director
The latest financial statements of Gigboat 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Gigboat is U72900KA2020PTC133973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigboat was incorporated on 30 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gigboat by revenue are Openpixel Web Solutions Private Limited, Webfynd Digital Private Limited, Buypassnow Private Limited, Zeblearn Solution Private Limited, Starryp&S Tech Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Shrikant Bhimrao Vanahalli ceased to be Director on 15 Dec 2022. Sushma Shrikant ceased to be Director on 14 Feb 2022. Praveen Kumar Shivaputra Kudari ceased to be Additional Director on 31 Dec 2021. Gigboat has 6 board changes on record in total.
Yes, Gigboat is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Gigboat can be reached through the website gigboat.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Gigboat is at Flat #23 Old Building 1 Trinity Enclave, Nagavarapalya Benniganahalli, Bangalore, Karnataka, India – 560093.
Gigboat operates in the information technology industry, in the other computer related activities segment.

