About Gmware Private Limited
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Gmware Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2017PTC046026. Its GSTIN is 03AADCF1286F1Z0 (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Flocklet Technologies Private Limited. It is led by directors including Varun Sharma (Managing Director) and Shashi Prabha.
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 Mohali, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.02 Lakh (net margin 4.8%) and EBITDA of ₹22.07 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 52% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gmware. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flocklet.com.
Company details
Contact details
Gmware Private Limited's registered office is in Mohali, Punjab. Its website is flocklet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 303 Tower B, Bestech Business Tower, Mohali, Punjab, India – 160062
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Gmware 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
Gmware operates one associated brand: GMWARE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital transformation, cloud consulting, and IT support to various industries worldwide. | gmware.com |
Business activity
The main business activity of Gmware is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Gmware Private Limited, buy the company report.
Financials of Gmware Private Limited
FY 2024 filings availableGmware Private Limited reported revenue of ₹3.37 Cr (up 15187% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years. 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 | ₹22.07 Lakh | ||||
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| Net Profit (PAT) | ₹16.02 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 | 6.5% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of Gmware Private Limited, buy the company report.
Board of directors of Gmware Private Limited
Gmware has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Prabha Also directs: Gmware Technologies SPV Private Limited | Director | 16 Jan 2017 | 9 Years 9 Months | Current |
| Ashok Kumar Sharma | Director | 16 Jan 2017 | 9 Years 9 Months | Current |
| Varun Sharma Also directs: Gmware Technologies SPV Private Limited | Managing Director | 16 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Gmware Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agreeta Solutions Private Limited | ₹3.4 Cr (FY 2025) | -20.0% | Pune, Maharashtra, India | |||
| Bright Livingstone Consultancy Private Limited | ₹3.4 Cr (FY 2025) | 45.0% | Chennai, Tamil Nadu, India | |||
| Verndale Software Development India Private Limited | ₹3.39 Cr (FY 2018) | -54.0% | Bangalore, Karnataka, India | |||
| Mann Systems Private Limited | ₹3.39 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| Gmware Private Limitedthis company | ₹3.37 Cr (FY 2024) | ₹16.02 Lakh | 4.8% | 15187.0% | 40 | Mohali, Punjab, India |
| Ambab Infotech Private Limited | ₹3.37 Cr (FY 2025) | -57.0% | Mumbai, Maharashtra, India | |||
| Culttales Interactive Private Limited | ₹3.37 Cr (FY 2024) | 167785.0% | Mumbai, Maharashtra, India | |||
| Sonatech Infosolutions Private Limited | ₹3.36 Cr (FY 2025) | 3.0% | Bhubaneswar, Odisha, India | |||
| Techfruit Technologies Private Limited | ₹3.33 Cr (FY 2025) | -78.0% | Ghaziabad, Uttar Pradesh, India | |||
| Edchemy Solutions India Private Limited | ₹3.31 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Gmware Private Limited, buy the company report.
Auditor
Gmware Private Limited is audited by HEMANT SHAH AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMANT SHAH AND ASSOCIATES LLP | FY 2023 | 120816W |
Shareholding
The shareholding of Gmware Private Limited is on record for 5 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 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gmware Private Limited, buy the company report.
Legal cases
Gmware Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Execution petition | Filed against the company | Pending |
| District court, Patiala, Punjab | Execution petition | Filed against the company by an individual | Disposed |
| District court, Patiala, Punjab | Court case (INDIG) | Filed against the company by an individual | Disposed |
To see the full case history of Gmware 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 Gmware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gmware Private Limited has a workforce of 40 employees on its EPFO records as of Dec 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 40 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Gmware Private Limited, buy the company report.
GST
Gmware has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCF1286F1Z0 | Punjab | Active | 14 Oct 2017 |
| 29AADCF1286F1ZM | Karnataka | Active | 01 Feb 2024 |
To see the full GST registrations and return filing status of Gmware Private Limited, buy the company report.
Recent activity
Gmware Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ashok Kumar Sharma was appointed as Director on 16 Jan 2017.
Frequently asked questions
Gmware is an active private limited company based in Mohali, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 January 2017 (9+ years old) and is registered under CIN U72900PB2017PTC046026.
Gmware has 3 current directors:
- Varun Sharma - Managing Director
- Shashi Prabha - Director
- Ashok Kumar Sharma - Director
The latest financial statements of Gmware 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 2017 are in the company report.
The GSTIN of Gmware is 03AADCF1286F1Z0, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCF1286F1ZM (Karnataka).
The CIN (Corporate Identification Number) of Gmware is U72900PB2017PTC046026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gmware has 3 court cases on record: 3 filed against it. 1 is pending.
Gmware was incorporated on 16 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Gmware by revenue are Agreeta Solutions Private Limited, Bright Livingstone Consultancy Private Limited, Verndale Software Development India Private Limited, Mann Systems Private Limited, Ambab Infotech Private Limited and 4 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Ashok Kumar Sharma was appointed as Director on 16 Jan 2017. Shashi Prabha was appointed as Director on 16 Jan 2017. Varun Sharma was appointed as Managing Director on 16 Jan 2017.
Gmware can be reached through the website flocklet.com. Its registered office is in Mohali, Punjab, India.
The registered office of Gmware is at Unit No 303 Tower B, Bestech Business Tower, Mohali, Punjab, India – 160062.
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