About Net Square Solutions Private Limited
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Net Square Solutions 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 04 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2000PTC037130. Its GSTIN is 24AAACE8262F1ZU (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.75 Lakh. It was formerly known as E Square Solutions Private Limited. It is led by directors including Nipam Rameshchandra Shah and Hiren Jasvant Shah.
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 1 Sanjivbaug Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.19 Cr, a growth of 25.61% compared to the previous year.
The company has about 134 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Net Square.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website net-square.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1 Sanjivbaug Paldi, Ahmedabad, Gujarat, India – 380007
- 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
Associated Brands with Net Square Solutions Private Limited
Net Square Solutions operates one associated brand: Net Square. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cybersecurity assessment, training, and consulting services are provided. | net-square.com |
Competitors & Alternatives of Net Square Solutions Private Limited
Brands and companies operating in the same space as Net Square Solutions Private Limited include CertiK, Optiv Security, SilverSky and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 CertiK | Online platform for blockchain and smart contract cybersecurity | New York, United States | 2017 |
 Optiv Security | IT risk management solutions are delivered via a specialized platform. | Denver, United States | 1999 |
 SilverSky | Cloud security and compliance solution company | Guildford, United Kingdom | 1997 |
 Cyble | AI-native platforms for cyber threat intelligence are provided by Cyble. | Alpharetta, United States | 2019 |
 Convergint | Electronic security and fire alarm systems are integrated and serviced. | Schaumburg, United States | 2001 |
 NSO Group | Cyber monitoring solutions and security research are provided for defense. | Herzliya, Israel | 2009 |
 Aujas | A platform for security analytics and risk assessment is provided. | Cupertino, United States | 2008 |
 NetSPI | Attack surface management, threat detection, and pentesting services are offered. | Minneapolis, United States | 2001 |
 GuidePoint Security | Customized IT security solutions are provided to organizations. | Herndon, United States | 2011 |
 DataGuard | IT security, consulting, and data protection services are provided. | Munich, Germany | 2018 |
Business Activity of Net Square Solutions Private Limited
Net Square Solutions operates primarily in the information and communication sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Information and communication | Locked | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Net Square Solutions Private Limited
Net Square Solutions Private Limited is audited by JAYKUMAR & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYKUMAR & 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 Net Square Solutions Private Limited
Net Square Solutions 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 |
|---|---|---|---|---|
| Nipam Rameshchandra Shah Also directs: Omnibus Investment Advisors LLP, Blueocean Technosource Private Limited, Bluevine Technologies Private Limited and 1 more | Director | 01 Mar 2001 | 25 Years 7 Months | Current |
| Hiren Jasvant Shah Also directs: Acuite Ratings & Research Limited | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Saumil Udayanbhai Shah | Director | 27 Jan 2000 | 26 Years 8 Months | Current |
| Udayan Chandrakant Shah | Director | 01 Mar 2001 | 25 Years 7 Months | Current |
Financials of Net Square Solutions Private Limited FY 2025 filings available
Net Square Solutions Private Limited reported revenue of ₹30.19 Cr (up 25.61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Net Square Solutions Private Limited
Revenue rose 25.61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Net Square 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 | ₹30.19 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Net Square Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Net Square 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.
Ownership and Shareholding of Net Square 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 Net Square Solutions Private Limited
Net Square Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Net Square Solutions Private Limited
Net Square Solutions Private Limited has a workforce of 134 employees as of Mar 30, 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.
GST Compliance of Net Square Solutions Private Limited
Net Square Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE8262F1ZU | 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.
Credit Ratings, Litigation & Regulatory Alerts for Net Square 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 Net Square 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 Net Square 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.
MCA Filings & Documents of Net Square 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.
Recent Activity on Net Square Solutions Private Limited
Frequently Asked Questions about Net Square Solutions Private Limited
Net Square Solutions 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 04 January 2000 (26+ years old) and is registered under CIN U72900GJ2000PTC037130.
Net Square Solutions reported revenue of ₹30.19 Cr for FY 2024 (up 25.61% YoY).
Net Square Solutions has 4 current directors:
- Nipam Rameshchandra Shah - Director
- Hiren Jasvant Shah - Director
- Saumil Udayanbhai Shah - Director
- Udayan Chandrakant Shah - Director
The GSTIN of Net Square Solutions is 24AAACE8262F1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Net Square Solutions is U72900GJ2000PTC037130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Net Square Solutions was incorporated on 04 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Net Square Solutions can be reached through the website net-square.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Net Square Solutions is at 1 Sanjivbaug Paldi, Ahmedabad, Gujarat, India – 380007.
Net Square Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.75 Lakh.