
About Inheritx Solutions Private Limited
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Inheritx Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2011PTC064848. Its GSTIN is 24AACCI5871L1ZA (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹13.8 Lakh. It is led by directors including Rajeshkumar Dahyabhai Patel and Yogeshkumar Narayanbhai Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.31 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹38.46 Lakh (net margin 4.6%) and EBITDA of ₹72.93 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 28% over five years.
The company is associated with 1 brand: InheritX.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inheritx.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFf – 113 Siddhi Sarjan Apartment Opp.Kanak – Kala – 2 Nr.Anandnagar Cross Road 100 Ft.Road, Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Inheritx Solutions Private Limited
The main business activity of Inheritx Solutions 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 Inheritx Solutions Private Limited FY 2025 filings available
Inheritx Solutions Private Limited reported revenue of ₹8.31 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Inheritx Solutions Private Limited
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 31% 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 Inheritx Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹72.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.46 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Inheritx Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 Inheritx Solutions are in the company report.
Financial statements from 2015
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 Inheritx Solutions Private Limited
Inheritx Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zerp Labs India Private Limited | •••• | •••• | •••• | •••• | 39 | Coimbatore, Tamil Nadu, India |
| Teclever Solutions Private Limited | •••• | •••• | •••• | •••• | 27 | Bangalore South, Karnataka, India |
| Varstreet Software (India) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Quaere Etechnologies Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Shaant Infosystems Private Limited | •••• | •••• | •••• | •••• | 21 | Kolkata, West Bengal, India |
| Inheritx Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Enable Software Systems Private Limited | •••• | •••• | •••• | •••• | - | Malad East, Maharashtra, India |
| Ethereal Informatics Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Codaemon Softwares Private Limited | •••• | •••• | •••• | •••• | 48 | Pune, Maharashtra, India |
| Servitium IT Solutions Private Limited | •••• | •••• | •••• | •••• | 33 | New Delhi, Delhi, India |
| Bushel Technologies Private Limited | •••• | •••• | •••• | •••• | 15 | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Inheritx Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Inheritx Solutions Private Limited
Inheritx Solutions Private Limited is audited by NBAP & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NBAP & 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 Inheritx Solutions Private Limited
Inheritx Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Dahyabhai Patel | Director | 08 Apr 2011 | 15 Years 5 Months | Current |
| Yogeshkumar Narayanbhai Patel | Director | 08 Apr 2011 | 15 Years 5 Months | Current |
| Sandip Rameshchandra Modi | Director | 17 May 2023 | 3 Years 4 Months | Current |
| Jigarkumar Rameshbhai Modi Also directs: Inheritx Technolabs Private Limited | Additional Director | 07 Feb 2022 | 4 Years 8 Months | Current |
Ownership and Shareholding of Inheritx Solutions 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 Inheritx Solutions Private Limited
Inheritx Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Inheritx Solutions Private Limited
Inheritx Solutions operates one associated brand: InheritX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides mobile and web app development for businesses worldwide. | inheritx.com |
Employees and EPFO Compliance at Inheritx Solutions Private Limited
Employment history and EPFO contributions of people linked to Inheritx Solutions.
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 Inheritx Solutions Private Limited
Inheritx Solutions Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Sandip Rameshchandra Modi was appointed as Director on 17 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Inheritx Solutions 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 Inheritx Solutions 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 Inheritx Solutions 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 Inheritx Solutions Private Limited
Inheritx Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI5871L1ZA | Gujarat | Active | 01 Jul 2017 |
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 Inheritx Solutions 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 Inheritx Solutions Private Limited
Inheritx Solutions 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 08 April 2011 (15+ years old) and is registered under CIN U72200GJ2011PTC064848.
Inheritx Solutions reported revenue of ₹8.31 Cr for FY 2024 (down 7% YoY).
Inheritx Solutions has 4 current directors:
- Rajeshkumar Dahyabhai Patel - Director
- Yogeshkumar Narayanbhai Patel - Director
- Sandip Rameshchandra Modi - Director
- Jigarkumar Rameshbhai Modi - Additional Director
Inheritx Solutions reported a net profit of ₹38.46 Lakh (net margin 4.6%) and EBITDA of ₹72.93 Lakh (EBITDA margin 8.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Inheritx Solutions is 25% over three years and 28% over five years. In the latest year (FY 2024) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Inheritx Solutions is 24AACCI5871L1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Inheritx Solutions is U72200GJ2011PTC064848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inheritx Solutions was incorporated on 08 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Inheritx Solutions by revenue are Zerp Labs India Private Limited, Teclever Solutions Private Limited, Varstreet Software (India) Private Limited, Quaere Etechnologies Private Limited, Shaant Infosystems Private Limited and 5 more, all in the Information Technology industry (Application Development).
Sandip Rameshchandra Modi was appointed as Director on 17 May 2023. Jigarkumar Rameshbhai Modi was appointed as Additional Director on 07 Feb 2022. Vijaykumar Nanalal Patel ceased to be Director on 26 Nov 2018. Inheritx Solutions has 5 board changes on record in total.
Inheritx Solutions can be reached through the website inheritx.com. Its registered office is in Ahmedabad, Gujarat, India.