About Hopify Technologies Private Limited
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Hopify Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Hopify Technologies, Inc. and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC197320. Its GSTIN is 27AAFCH6036D1ZS (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Satyam Ashokrao Avhad and Sachin Suryakant Gutte.
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 Plot 59/21 Sector 21 Yamunanagar Nigdi, Pune, Maharashtra, India – 411044.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.12 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹6.72 Lakh (net margin 6%) and EBITDA of ₹12.9 Lakh (EBITDA margin 11.5%).
The company is associated with 1 brand: GroundUp.
For more details, the company can be reached via its website astraeducation.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot 59/21 Sector 21 Yamunanagar Nigdi, Pune, Maharashtra, India – 411044
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Hopify Technologies Private Limited
The main business activity of Hopify Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication 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 Hopify Technologies Private Limited FY 2025 filings available
Hopify Technologies Private Limited reported revenue of ₹1.12 Cr (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hopify Technologies Private Limited
Revenue fell 42% in the latest year. EBITDA fell 40% 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 Hopify Technologies Private Limited
| Metrics | 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 | ₹12.9 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.72 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 Hopify Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.5% | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• |
| 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 Hopify Technologies are in the company report.
Financial statements from FY 2021
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 Hopify Technologies Private Limited
Hopify Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloudage Informatica Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 150.0% | •••• | Surat, Gujarat, India |
| Inboon Media Thought Shop Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Ernakulam, Kerala, India |
| Squarely Technology Solutions Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Coimbatore, Tamil Nadu, India |
| Bleslabs Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Chennai, Tamil Nadu, India |
| Dnasrk Teleinfra Private Limited | ₹1.12 Cr (FY 2020) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Hopify Technologies Private Limited this company | ₹1.12 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Pune, Maharashtra, India |
| Pradiota IT Solutions Private Limited | ₹1.12 Cr (FY 2021) | •••• | •••• | 261.0% | •••• | Hyderabad, Telangana, India |
| Connected Digital Systems Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Vegatech Infosolutions Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| XR Horizon Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Palarivattom, Kerala, India |
| Magnificent ( India) Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Hopify Technologies by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hopify Technologies Private Limited
Hopify Technologies Private Limited is audited by Ahuja Valecha & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ahuja Valecha & Associates | 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 Hopify Technologies Private Limited
Hopify Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyam Ashokrao Avhad | Director | 05 Feb 2022 | 4 Years 8 Months | Current |
| Sachin Suryakant Gutte | Director | 30 Dec 2020 | 5 Years 9 Months | Current |
| Ashok Laxmanrao Avhad | Director | 23 Jul 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Hopify Technologies 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 Hopify Technologies Private Limited
Hopify Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Hopify Technologies Private Limited
Hopify Technologies operates one associated brand: GroundUp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A digital platform for school governance and communication is provided. | groundup.school |
Employees and EPFO Compliance at Hopify Technologies Private Limited
Hopify Technologies Private Limited has a workforce of 0 employees as of Apr 01, 2024.
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 Hopify Technologies Private Limited
Hopify Technologies Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Ashok Laxmanrao Avhad was appointed as Director on 23 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Hopify Technologies 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 Hopify Technologies 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 Hopify Technologies 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 Hopify Technologies Private Limited
Hopify Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH6036D1ZS | Maharashtra | Active | 29 Jan 2021 |
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 Hopify Technologies 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 Hopify Technologies Private Limited
Hopify Technologies 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 30 December 2020 (6+ years old) and is registered under CIN U72900PN2020PTC197320.
Hopify Technologies reported revenue of ₹1.12 Cr for FY 2024 (down 42% YoY).
Hopify Technologies has 3 current directors:
- Satyam Ashokrao Avhad - Director
- Sachin Suryakant Gutte - Director
- Ashok Laxmanrao Avhad - Director
Hopify Technologies reported a net profit of ₹6.72 Lakh (net margin 6%) and EBITDA of ₹12.9 Lakh (EBITDA margin 11.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Hopify Technologies is 27AAFCH6036D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hopify Technologies is U72900PN2020PTC197320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hopify Technologies was incorporated on 30 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Hopify Technologies by revenue are Cloudage Informatica Private Limited, Inboon Media Thought Shop Private Limited, Squarely Technology Solutions Private Limited, Bleslabs Private Limited, Dnasrk Teleinfra Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ashok Laxmanrao Avhad was appointed as Director on 23 Jul 2024. Satyam Ashokrao Avhad was appointed as Director on 05 Feb 2022. Suryakant Tukaram Gutte ceased to be Director on 05 Feb 2022. Hopify Technologies has 5 board changes on record in total.
Yes, Hopify Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Hopify Technologies can be reached through the website astraeducation.in. Its registered office is in Pune, Maharashtra, India.