About Heaptrace Technology Private Limited
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Heaptrace Technology Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2015PTC156179. Its GSTIN is 27AADCH7666P1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mulshanker Sahu and Shweta Pandya.
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 F 402 Laxmi Angan Pimple Saudagar, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2024, the company reported a revenue of ₹17 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹2.32 Cr (net margin 13.6%) and EBITDA of ₹3.41 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 37% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HeapTrace Technology. As per MCA filings, the company has open charges of ₹12.58 Cr 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 heaptrace.com.
Company details
Contact details
Heaptrace Technology Private Limited's registered office is in Pune, Maharashtra. Its website is heaptrace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF 402 Laxmi Angan Pimple Saudagar, Pune, Maharashtra, India – 411027
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Heaptrace Technology 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
Heaptrace Technology operates one associated brand: HeapTrace Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting firm specializing in software development and digital solutions. | heaptrace.com |
Business activity
The main business activity of Heaptrace Technology 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 Heaptrace Technology Private Limited, buy the company report.
Financials of Heaptrace Technology Private Limited
FY 2025 filings availableHeaptrace Technology Private Limited reported revenue of ₹17 Cr (up 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 46% growth in the latest year. EBITDA rose 89% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.41 Cr | ||||
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| Net Profit (PAT) | ₹2.32 Cr | ||||
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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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| EBITDA Margin | 20.1% | ||||
| Net Profit Margin | 13.6% | ||||
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To see the full financial statements and ratios of Heaptrace Technology Private Limited, buy the company report.
Board of directors of Heaptrace Technology Private Limited
Heaptrace Technology has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mulshanker Sahu | Director | 13 Aug 2015 | 11 Years 2 Months | Current |
| Shweta Pandya | Director | 13 Aug 2015 | 11 Years 2 Months | Current |
| Vimalabai Sahu | Director | 28 Oct 2017 | 8 Years 11 Months | Current |
| Dukhoo Ram Sahoo | Director | 28 Oct 2017 | 8 Years 11 Months | Current |
Peer comparison
Heaptrace Technology Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Justchalo Technologies Private Limited | ₹17.03 Cr (FY 2018) | -24.0% | New Delhi, Delhi, India | |||
| Techwish GTS Private Limited | ₹17.03 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India | |||
| Manschaft IT Private Limited | ₹17.02 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Binatedin Private Limited | ₹17.01 Cr (FY 2024) | 24.0% | Pune, Maharashtra, India | |||
| Sandvik India Innovations Private Limited | ₹17.01 Cr (FY 2025) | 23.0% | Pune, Maharashtra, India | |||
| Heaptrace Technology Private Limitedthis company | ₹17 Cr (FY 2024) | ₹2.32 Cr | 13.6% | 46.0% | 101 | Pune, Maharashtra, India |
| Cadmarc Software Private Limited | ₹16.99 Cr (FY 2024) | -1.0% | Thiruvananthapuram, Kerala, India | |||
| Cnergee Technologies Private Limited | ₹16.98 Cr (FY 2025) | 301.0% | Navi Mumbai, Maharashtra, India | |||
| Ideal E-Cash Solutions Private Limited | ₹16.97 Cr (FY 2025) | 27.0% | Jaipur, Rajasthan, India | |||
| Talentserv Consulting Private Limited | ₹16.95 Cr (FY 2025) | 37.0% | Pune, Maharashtra, India | |||
| Flexiple Tech Private Limited | ₹16.95 Cr (FY 2025) | 29.0% | Delhi, India |
To see the full peer comparison of Heaptrace Technology Private Limited, buy the company report.
Auditor
Heaptrace Technology Private Limited is audited by Pavan Goyal and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pavan Goyal and Associates | FY 2023 | 132783W |
Shareholding
The shareholding of Heaptrace 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 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Heaptrace Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101091707 | Others | ₹6 Cr | Open | |
| 11 Sep 2023 | 100805697 | Others | ₹6.58 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Heaptrace 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
No delayed payments to MSME suppliers are on our record for Heaptrace Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Heaptrace Technology Private Limited has a workforce of 101 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Heaptrace Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH7666P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Heaptrace Technology Private Limited, buy the company report.
Recent activity
Heaptrace Technology Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Dukhoo Ram Sahoo ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Heaptrace Technology is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 August 2015 (11+ years old) and is registered under CIN U72900PN2015PTC156179.
Heaptrace Technology has 4 current directors:
- Mulshanker Sahu - Director
- Shweta Pandya - Director
- Vimalabai Sahu - Director
- Dukhoo Ram Sahoo - Director
The latest financial statements of Heaptrace Technology 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 2016 are in the company report.
The GSTIN of Heaptrace Technology is 27AADCH7666P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Heaptrace Technology is U72900PN2015PTC156179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heaptrace Technology was incorporated on 13 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Heaptrace Technology by revenue are Justchalo Technologies Private Limited, Techwish GTS Private Limited, Manschaft IT Private Limited, Binatedin Private Limited, Sandvik India Innovations Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dukhoo Ram Sahoo ceased to be Additional Director on 29 Sep 2018. Vimalabai Sahu ceased to be Additional Director on 29 Sep 2018. Dukhoo Ram Sahoo was appointed as Director on 28 Oct 2017. Heaptrace Technology has 6 board changes on record in total.
Heaptrace Technology can be reached through the website heaptrace.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Heaptrace Technology is at F 402 Laxmi Angan Pimple Saudagar, Pune, Maharashtra, India – 411027.
Heaptrace Technology operates in the information technology industry, in the IT consulting and support services segment.