MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0022276
GWB IT Solutions Private Limited
GWB IT Solutions Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.24 Cr
▼ 35% YoY
Net loss · FY 2025
₹23.03 Lakh
Net margin -5.4%
EBITDA · FY 2025
₹48.78 Lakh
EBITDA margin 11.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹11.73 Cr
Satisfied ₹2.52 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
6
Provident fund records
About GWB IT Solutions Private Limited
Data last updated:
GWB IT Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2009PTC021895. Its GSTIN is 23AADCG4501E2ZA (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manoj Dhanotiya and Sachin Dhanotiya.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹23.03 Lakh (net margin -5.4%) and EBITDA of ₹48.78 Lakh (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.73 Cr and satisfied charges of ₹2.52 Cr on record.
GWB IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0022276). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200MP2009PTC021895
Registration Number 021895
Incorporation Date 11 May 2009
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0022276
Recognitions & Rankings of GWB IT Solutions
Contact details
GWB IT Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address106 Cap. Cs Naidu Arcade, 10/2 Old Palasia, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of GWB IT Solutions Private Limited, buy the company report.
Comprehensive company report
GWB IT Solutions 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 activity of GWB IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of GWB IT Solutions Private Limited, buy the company report.
Financials of GWB IT Solutions Private Limited
FY 2025 filings availableGWB IT Solutions Private Limited reported revenue of ₹4.24 Cr (down 35% YoY) for FY 2025.
Revenue · FY 2025
₹4.24 Cr ▼ 35%
Net loss · FY 2025
₹23.03 Lakh margin -5.4%
EBITDA · FY 2025
₹48.78 Lakh margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 21%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 37%
5 years · compounded
▼ 20%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 35% fall in the latest year. EBITDA fell 61% 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 |
|---|---|---|---|---|---|
| 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 | ₹48.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.03 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | -5.4% | ||||
| 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 GWB IT Solutions Private Limited, buy the company report.
Board of directors of GWB IT Solutions Private Limited
GWB IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Dhanotiya Also directs: Cincy Ventures LLP, Micromitti Cybercity LLP, Micromitti Marina Gardens LLP and 5 more | Director | 11 May 2009 | 17 Years 5 Months | Current |
| Sachin Dhanotiya Also directs: Micromitti Marina Gardens LLP, Micro Mahal Hospitality LLP, Microscope Media Private Limited and 5 more | Director | 11 May 2009 | 17 Years 5 Months | Current |
Peer comparison
GWB IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chessbase India 64 Squares Private Limited | ₹4.25 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Aadhan Media Private Limited | ₹4.25 Cr (FY 2025) | -33.0% | Hyderabad, Telangana, India | |||
| Adsknife Performance Marketing Private Limited | ₹4.25 Cr (FY 2024) | 39.0% | Rishikesh, Uttarakhand, India | |||
| Atem Software Solutions Private Limited | ₹4.25 Cr (FY 2024) | -15.0% | Chennai, Tamil Nadu, India | |||
| Iween Software Solutions Private Limited | ₹4.24 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| GWB IT Solutions Private Limitedthis company | ₹4.24 Cr (FY 2025) | -₹23.03 Lakh | -5.4% | -35.0% | 6 | Indore, Madhya Pradesh, India |
| Digipay Guru Private Limited | ₹4.24 Cr (FY 2025) | 39.0% | Ahmedabad, Gujarat, India | |||
| Unizen Technologies Private Limited | ₹4.24 Cr (FY 2022) | -22.0% | Bangalore, Karnataka, India | |||
| Touch-Stone Advertising Private Limited | ₹4.24 Cr (FY 2024) | -57.0% | Hyderabad, Telangana, India | |||
| Priority Media Private Limited | ₹4.24 Cr (FY 2025) | -45.0% | New Delhi, Delhi, India | |||
| A Produle Systems Private Limited | ₹4.24 Cr (FY 2025) | -21.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of GWB IT Solutions Private Limited, buy the company report.
Auditor
GWB IT Solutions Private Limited is audited by M/s Pramod P Chopra & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Pramod P Chopra & Associates | FY 2022 | 072994 |
Shareholding
The shareholding of GWB IT Solutions 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 GWB IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.73 Cr
Satisfied charges
₹2.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2023 | 100730860 | Others | ₹6 Cr | Open | |
| 20 Jun 2019 | 100270962 | Others | ₹5.73 Cr | Open | |
| 20 Feb 2013 | 10404118 | Hdfc Bank Limited | ₹2.02 Cr | Satisfied | |
| 09 Apr 2012 | 10348623 | Indiabulls Housing Finance Limited | ₹50 Lakh | Satisfied |
To see the full charge records of GWB IT Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving GWB IT Solutions 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 GWB IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GWB IT Solutions Private Limited has a workforce of 6 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-72.73%
GST
GWB IT Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCG4501E2ZA | Madhya Pradesh | Active | 08 May 2019 |
To see the full GST registrations and return filing status of GWB IT Solutions Private Limited, buy the company report.
Recent activity
GWB IT Solutions Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Manoj Dhanotiya ceased to be Director on 01 Apr 2011.
AGM
Gwb It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gwb It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others of Rs. 572.88 Lakh registered on 20 Jun 2019 with Charge ID 100270962 was modified on 12 Jun 2023.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100730860 was registered on 09 Jun 2023.
Charges
A charge with Others amounted to Rs. 572.88 Lakh with Charge ID 100270962 was registered on 20 Jun 2019.
Charges
A charge registered on 20 Feb 2013 via Charge ID 10404118 with Hdfc Bank Limited was fully satisfied on 06 Nov 2017.
Charges
A charge with Hdfc Bank Limited of Rs. 202.42 Lakh registered on 20 Feb 2013 with Charge ID 10404118 was modified on 02 May 2015.
Charges
A charge registered on 09 Apr 2012 via Charge ID 10348623 with Indiabulls Housing Finance Limited was fully satisfied on 08 May 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 202.42 Lakh with Charge ID 10404118 was registered on 20 Feb 2013.
Charges
A charge with Indiabulls Housing Finance Limited amounted to Rs. 50.00 Lakh with Charge ID 10348623 was registered on 09 Apr 2012.
Ceased
Manoj Dhanotiya ceased to be Director.
Ceased
Sachin Dhanotiya ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
GWB IT Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 May 2009 (17+ years old) and is registered under CIN U72200MP2009PTC021895.
GWB IT Solutions has 2 current directors:
- Manoj Dhanotiya - Director
- Sachin Dhanotiya - Director
The latest financial statements of GWB IT Solutions 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 2015 are in the company report.
The GSTIN of GWB IT Solutions is 23AADCG4501E2ZA, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of GWB IT Solutions is U72200MP2009PTC021895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GWB IT Solutions was incorporated on 11 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of GWB IT Solutions by revenue are Chessbase India 64 Squares Private Limited, Aadhan Media Private Limited, Adsknife Performance Marketing Private Limited, Atem Software Solutions Private Limited, Iween Software Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Manoj Dhanotiya ceased to be Director on 01 Apr 2011. Sachin Dhanotiya ceased to be Director on 01 Apr 2011. Manoj Dhanotiya was appointed as Director on 11 May 2009. GWB IT Solutions has 4 board changes on record in total.
Yes, GWB IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0022276).
The registered office of GWB IT Solutions is at 106 Cap. Cs Naidu Arcade, 102 Old Palasia, Indore, Madhya Pradesh, India – 452001.
GWB IT Solutions operates in the information technology industry, in the IT consulting and support services segment.