About Gigtech Internet Solution Private Limited
Data last updated:
Gigtech Internet Solution Private Limited is a private limited company based in Bhusawal, Maharashtra, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 22 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC292839. Its GSTIN is 27AAGCG7584G1Z7 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Tejesh Patil Devidas and Swapnil Devidas Patil.
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 Athashri Hight Nr Narendra Mahajan Smarak Jana Satara, Bhusawal, Maharashtra, India – 425201.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.4 Cr. For the same year it recorded a net profit of ₹3.96 Lakh (net margin 1.2%) and EBITDA of ₹9.55 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 30% over five years.
The company is associated with 1 brand: Gigtech. As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gigtech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAthashri Hight Nr Narendra Mahajan Smarak Jana Satara, Bhusawal, Maharashtra, India – 425201
- IndustryTelecom, ISP & Broadband Services, Telecom Network Support
- 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 Gigtech Internet Solution Private Limited
The main business activity of Gigtech Internet Solution is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service 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 Gigtech Internet Solution Private Limited FY 2024 filings available
Gigtech Internet Solution Private Limited reported revenue of ₹3.4 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gigtech Internet Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years. EBITDA rose 15% 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 Gigtech Internet Solution Private 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 | ₹9.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.96 Lakh | •••• | •••• | •••• | •••• |
| 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 Gigtech Internet Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Gigtech Internet Solution are in the company report.
Financial statements from FY 2017
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 Gigtech Internet Solution Private Limited
Gigtech Internet Solution Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband, Network Support Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Threesa Infoway Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Fibernet Solutions (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Huzur, Madhya Pradesh, India |
| Maa Vindhwashini Infra Private Limited | •••• | •••• | •••• | •••• | - | Danapur, Bihar, India |
| Bitvue Networks Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Apna Tele Link Private Limited | •••• | •••• | •••• | •••• | - | Jalandhar City, Punjab, India |
| Gigtech Internet Solution Private Limited this company | •••• | •••• | •••• | •••• | - | Bhusawal, Maharashtra, India |
| Krishiinet Infocom Private Limited | •••• | •••• | •••• | •••• | - | Selaiyur, Tamil Nadu, India |
| Cosmos Network Media Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Passcom System and Services Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Perfect Internet Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Blu Ultraband Internet Services Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Gigtech Internet Solution by revenue in the Telecom industry (Landline ISP and Broadband, Network Support Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Gigtech Internet Solution Private Limited
Gigtech Internet Solution Private Limited is audited by KOLTE & ASSOCIATE LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOLTE & ASSOCIATE LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gigtech Internet Solution Private Limited
Gigtech Internet Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejesh Patil Devidas Also directs: J and D Communications Private Limited | Director | 22 Mar 2017 | 9 Years 6 Months | Current |
| Swapnil Devidas Patil Also directs: J and D Communications Private Limited | Director | 09 Aug 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Gigtech Internet Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gigtech Internet Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2020 | The Jalgaon Peoples Co-Op Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Gigtech Internet Solution Private Limited
Gigtech Internet Solution operates one associated brand: Gigtech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Networking solutions, hardware sales, and customer support services are provided by Gigtech. | gigtech.in |
Employees and EPFO Compliance at Gigtech Internet Solution Private Limited
Employment history and EPFO contributions of people linked to Gigtech Internet Solution.
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.
Recent Activity on Gigtech Internet Solution Private Limited
Gigtech Internet Solution Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Swapnil Devidas Patil ceased to be Additional Director on 31 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Gigtech Internet Solution Private 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 Gigtech Internet Solution Private 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 Gigtech Internet Solution Private 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 Gigtech Internet Solution Private Limited
Gigtech Internet Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG7584G1Z7 | Maharashtra | Active | 11 Apr 2018 |
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 Gigtech Internet Solution Private 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 Gigtech Internet Solution Private Limited
Gigtech Internet Solution is an active private limited company based in Bhusawal, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 22 March 2017 (9+ years old) and is registered under CIN U72900MH2017PTC292839.
Gigtech Internet Solution reported revenue of ₹3.4 Cr for FY 2025.
Gigtech Internet Solution has 2 current directors:
- Tejesh Patil Devidas - Director
- Swapnil Devidas Patil - Director
Gigtech Internet Solution reported a net profit of ₹3.96 Lakh (net margin 1.2%) and EBITDA of ₹9.55 Lakh (EBITDA margin 2.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gigtech Internet Solution is 1% over three years and 30% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gigtech Internet Solution is 27AAGCG7584G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gigtech Internet Solution is U72900MH2017PTC292839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigtech Internet Solution was incorporated on 22 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gigtech Internet Solution by revenue are Threesa Infoway Private Limited, Fibernet Solutions (OPC) Private Limited, Maa Vindhwashini Infra Private Limited, Bitvue Networks Private Limited, Apna Tele Link Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband, Network Support Services).
Swapnil Devidas Patil ceased to be Additional Director on 31 Dec 2018. Manoj Chaudhari Devidas ceased to be Director on 09 Aug 2018. Swapnil Devidas Patil was appointed as Director on 09 Aug 2018. Gigtech Internet Solution has 4 board changes on record in total.
Gigtech Internet Solution can be reached through the website gigtech.in. Its registered office is in Bhusawal, Maharashtra, India.