MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0084083
Gravitas Technology Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹88.66 Cr
▲ 38% YoY
Net profit · FY 2023
₹10.96 Cr
Net margin 12.4%
EBITDA · FY 2023
₹16.52 Cr
EBITDA margin 18.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
439
Provident fund records
Directors on board
3
As per MCA filings
About Gravitas Technology Private Limited
Data last updated:
Gravitas Technology Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Gravitas Technology Services Llc Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2008PTC052873. Its GSTIN is 24AADCG0525C1ZD (Gujarat). 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 is led by directors including Anvaraly Jiva and Rama Krishna Pothapragada.
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 302 – 306 Devpath Behind Lal Bunglow Off C. G. Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2023, the company reported a revenue of ₹88.66 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹10.96 Cr (net margin 12.4%) and EBITDA of ₹16.52 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 439 employees on its provident fund (EPFO) records.
Gravitas Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0084083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website linedata.com.
Company details
CIN U72200GJ2008PTC052873
Registration Number 052873
Incorporation Date 11 February 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Gravitas Technology Services Llc Usa
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0084083
Recognitions & Rankings of Gravitas Technology
Contact details
Gravitas Technology Private Limited's registered office is in Ahmedabad, Gujarat. Its website is linedata.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address302 – 306 Devpath Behind Lal Bunglow Off C. G. Road, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Gravitas Technology Private Limited, buy the company report.
Comprehensive company report
Gravitas Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Gravitas Technology are information and communication and support service to organizations. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Gravitas Technology Private Limited, buy the company report.
Financials of Gravitas Technology Private Limited
FY 2024 filings availableGravitas Technology Private Limited reported revenue of ₹88.66 Cr (up 38% YoY) for FY 2023.
Revenue · FY 2023
₹88.66 Cr ▲ 38%
Net profit · FY 2023
₹10.96 Cr margin 12.4%
EBITDA · FY 2023
₹16.52 Cr margin 18.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 12%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 38% growth in the latest year. EBITDA rose 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹88.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.96 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 12.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Gravitas Technology Private Limited, buy the company report.
Board of directors of Gravitas Technology Private Limited
Gravitas Technology has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anvaraly Jiva Also directs: Linedata Services India Private Limited | Director | 27 Jan 2017 | 9 Years 9 Months | Current |
| Rama Krishna Pothapragada | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Jamil Jiva | Additional Director | 29 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Gravitas Technology Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multicoreware India Private Limited | ₹89.73 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Gravitas Technology Private Limitedthis company | ₹88.66 Cr (FY 2023) | ₹10.96 Cr | 12.4% | 38.0% | 439 | Ahmedabad, Gujarat, India |
| Blue Whale Advisory Services Private Limited | ₹87.45 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Basware India Private Limited | ₹86.67 Cr (FY 2025) | 1.0% | Chandigarh, India |
To see the full peer comparison of Gravitas Technology Private Limited, buy the company report.
Auditor
Gravitas Technology Private Limited is audited by KHANDHAR MEHTA & SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDHAR MEHTA & SHAH | FY 2023 | 125512W |
Shareholding
The shareholding of Gravitas Technology 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 Gravitas Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gravitas Technology 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
Gravitas Technology Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sr.Rr Enterprises | |||
| an individual supplier | |||
| Ips Vantage Tech Services Private Limited |
To see the full MSME payment records of Gravitas Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gravitas Technology Private Limited has a workforce of 439 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
439
Active EPFO establishments
1
Employee growth
26.15%
GST
Gravitas Technology has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCG0525C1ZD | Gujarat | Active | 01 Jul 2017 |
| 27AADCG0525C1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gravitas Technology Private Limited, buy the company report.
Recent activity
Gravitas Technology Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Jamil Jiva was appointed as Additional Director on 29 Oct 2024.
Appointed
Jamil Jiva was appointed as Additional Director.
AGM
Gravitas Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gravitas Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Jayashree Thandu ceased to be Director.
Ceased
Gautam Kumudrai Mehta ceased to be Director.
Ceased
Anvaraly Jiva ceased to be Additional Director.
Ceased
Michael David De Verteuil ceased to be Additional Director.
Ceased
Rama Krishna Pothapragada ceased to be Additional Director.
Ceased
Jayesh Arun Punater ceased to be Director.
Appointed
Rama Krishna Pothapragada was appointed as Director.
Appointed
Anvaraly Jiva was appointed as Director.
Ceased
Mark Lawrence Seaman ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Gravitas Technology is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 February 2008 (18+ years old) and is registered under CIN U72200GJ2008PTC052873.
Gravitas Technology has 3 current directors:
- Anvaraly Jiva - Director
- Rama Krishna Pothapragada - Director
- Jamil Jiva - Additional Director
The latest financial statements of Gravitas Technology 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 2015 are in the company report.
The GSTIN of Gravitas Technology is 24AADCG0525C1ZD, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCG0525C1Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Gravitas Technology is U72200GJ2008PTC052873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gravitas Technology was incorporated on 11 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gravitas Technology by revenue are Multicoreware India Private Limited, Blue Whale Advisory Services Private Limited, Basware India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Jamil Jiva was appointed as Additional Director on 29 Oct 2024. Jayashree Thandu ceased to be Director on 31 Dec 2019. Gautam Kumudrai Mehta ceased to be Director on 09 Mar 2018. Gravitas Technology has 11 board changes on record in total.
Yes, Gravitas Technology is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0084083).
Gravitas Technology has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 3 micro and small suppliers. The latest return was filed on 16 Dec 2021.
Gravitas Technology can be reached through the website linedata.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Gravitas Technology is at 302 – 306 Devpath Behind Lal Bunglow Off C. G. Road, Ahmedabad, Gujarat, India – 380006.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages