Multitrade Softech Private Limited

Multitrade Softech Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2010PTC061117 Incorporated 16 June 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.58 Cr
▲ 14% YoY
Net profit · FY 2024
₹1.31 Cr
Net margin 28.6%
EBITDA · FY 2024
₹2.84 Cr
EBITDA margin 62.1%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5.74 Cr
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹25 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
42
Provident fund records

About Multitrade Softech Private Limited

Data last updated:

Multitrade Softech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2010PTC061117. Its GSTIN is 24AAGCM5944G1ZF (Gujarat).

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.74 Cr. It is led by directors Rajendra Kantilal Shah and Siddharth Rajendra Shah.

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 211/212 Sigma Spectrum B/S Yash Arian Nr. Vivekanand Chowk Memnagar, Ahmedabad, Gujarat, India – 380052.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.58 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 28.6%) and EBITDA of ₹2.84 Cr (EBITDA margin 62.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 13% over five years.

The company has about 42 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Multitrade. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹25 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 5 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multitradesoftech.com.

Company Details of Multitrade Softech Private Limited
CIN U72200GJ2010PTC061117
Registration Number 061117
Incorporation Date 16 June 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    211/212 Sigma Spectrum B/S Yash Arian Nr. Vivekanand Chowk Memnagar, Ahmedabad, Gujarat, India – 380052
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Multitrade Softech Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Multitrade Softech Private Limited

The main business activity of Multitrade Softech is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Multitrade Softech Private Limited FY 2024 filings available

Multitrade Softech Private Limited reported revenue of ₹4.58 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹4.58 Cr ▲ 14%
Net profit · FY 2024
₹1.31 Cr margin 28.6%
EBITDA · FY 2024
₹2.84 Cr margin 62.1%

Compounded Annual Growth Rate (CAGR) of Multitrade Softech Private Limited

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 32%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 35%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 20% 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 Multitrade Softech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.84 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.31 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 of Multitrade Softech Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin62.1%••••••••••••••••
Net Profit Margin28.6%••••••••••••••••
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 Multitrade Softech are in the company report.

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Financial statements from 2015

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Peer Comparison of Multitrade Softech Private Limited

Multitrade Softech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Priska Infosolutions Private Limited₹4.6 Cr (FY 2025)••••••••20.0%••••New Delhi, Delhi, India
Optimal Infotech Private Limited₹4.6 Cr (FY 2024)••••••••26.0%••••Mumbai, Maharashtra, India
ML Billing India Private Limited₹4.6 Cr (FY 2025)••••••••-21.0%••••Chennai, Tamil Nadu, India
Exegesis Infotech India Private Limited₹4.59 Cr (FY 2025)••••••••-1.0%••••Navi Mumbai, Maharashtra, India
Mitshi India Limited Listed₹4.58 Cr (FY 2025)••••••••-77.0%••••Mumbai, Maharashtra, India
Multitrade Softech Private Limited this company₹4.58 Cr (FY 2024)••••••••14.0%••••Ahmedabad, Gujarat, India
Genx Info Technologies Private Limited₹4.58 Cr (FY 2025)••••••••9.0%••••New Delhi, Delhi, India
Zentact Systems Private Limited₹4.57 Cr (FY 2025)••••••••98.0%••••Patancheru, Telangana, India
Dictasol (India) Private Limited₹4.57 Cr (FY 2018)••••••••25.0%••••Hyderabad, Telangana, India
Eage Technologies (India) Private Limited₹4.56 Cr (FY 2025)••••••••-6.0%••••Bangalore, Karnataka, India
Fastswitch-Great Lakes Private Limited₹4.56 Cr (FY 2024)••••••••81.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Multitrade Softech by revenue in the Information Technology industry (IT Consulting and Services), 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 Multitrade Softech Private Limited

Multitrade Softech Private Limited is audited by B.A. Pavagadhi & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
B.A. Pavagadhi & Co.LockedLockedLocked
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Board of Directors of Multitrade Softech Private Limited

Multitrade Softech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendra Kantilal ShahDirector28 Mar 201214 Years 6 MonthsCurrent
Siddharth Rajendra ShahAdditional Director30 Sep 20251 Years 0 MonthsCurrent

Ownership and Shareholding of Multitrade Softech Private Limited

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Charges & Borrowings of Multitrade Softech Private Limited

Open charges
₹1 Cr
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateLenderAmountStatus
22 Nov 2018Others₹1 CrOpen
07 Dec 2022Axis Bank Limited₹25 LakhSatisfied

Total charge records: 2 View all charges

Associated Brands with Multitrade Softech Private Limited

Multitrade Softech operates one associated brand: Multitrade. Each brand links to its own profile.

BrandDescriptionWebsite
Offers comprehensive software and mobile application development services.multitradesoftech.com

Employees and EPFO Compliance at Multitrade Softech Private Limited

Multitrade Softech Private Limited has a workforce of 42 employees as of Apr 07, 2024.

Employee count
42
Active EPFO establishments
1
Employee growth
10.53%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Multitrade Softech Private Limited

Multitrade Softech Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Nandita Rajendra Shah ceased to be Additional Director on 30 Sep 2025.

Ceased
Nandita Rajendra Shah ceased to be Additional Director.
Appointed
Siddharth Rajendra Shah was appointed as Additional Director.
Ceased
Yuvraj Shah ceased to be Additional Director.
Charges
A charge registered on 07 Dec 2022 via Charge ID 100667386 with Axis Bank Limited was fully satisfied on 01 Sep 2025.
Ceased
Pankajkumar Ranchhodbhai Patel ceased to be Director.
Charges
A charge with Others of Rs. 1.00 Cr registered on 22 Nov 2018 with Charge ID 100230130 was modified on 05 Oct 2024.
AGM
Multitrade Softech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Multitrade Softech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100667386 was registered on 07 Dec 2022.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100230130 was registered on 22 Nov 2018.
Ceased
Pradipkumar Chimanlal Shah ceased to be Director.
Ceased
Devdas Karsanbhai Shiroya ceased to be Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Multitrade Softech Private Limited

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MSME Payment Delays by Multitrade Softech Private Limited

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Subsidiaries & Group Companies of Multitrade Softech Private Limited

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GST Compliance of Multitrade Softech Private Limited

Multitrade Softech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCM5944G1ZFGujaratActive01 Jul 2017
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MCA Filings & Documents of Multitrade Softech Private Limited

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Frequently Asked Questions about Multitrade Softech Private Limited

Multitrade Softech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 June 2010 (16+ years old) and is registered under CIN U72200GJ2010PTC061117.

Multitrade Softech reported revenue of ₹4.58 Cr for FY 2024 (up 14% YoY).

Multitrade Softech has 2 current directors:

Multitrade Softech reported a net profit of ₹1.31 Cr (net margin 28.6%) and EBITDA of ₹2.84 Cr (EBITDA margin 62.1%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Multitrade Softech is 32% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Multitrade Softech is 24AAGCM5944G1ZF, registered in Gujarat.

The CIN (Corporate Identification Number) of Multitrade Softech is U72200GJ2010PTC061117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Multitrade Softech has 8 court cases on record: 2 filed by the company and 6 filed against it. 5 are pending. Most are in the nclat.

Multitrade Softech was incorporated on 16 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Multitrade Softech by revenue are Priska Infosolutions Private Limited, Optimal Infotech Private Limited, ML Billing India Private Limited, Exegesis Infotech India Private Limited, Mitshi India Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).

Nandita Rajendra Shah ceased to be Additional Director on 30 Sep 2025. Siddharth Rajendra Shah was appointed as Additional Director on 30 Sep 2025. Yuvraj Shah ceased to be Additional Director on 30 Sep 2025. Multitrade Softech has 7 board changes on record in total.

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