MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0021829
Netweb Software Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.14 Cr
▲ 20% YoY
Net profit · FY 2024
₹36.49 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹90.86 Lakh
EBITDA margin 3.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
203
Provident fund records
Directors on board
4
As per MCA filings
About Netweb Software Private Limited
Data last updated:
Netweb Software Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30000GJ1998PTC034085. Its GSTIN is 24AAACN7710M1ZF (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajit Muljibhai Patel and Ankit Dilip 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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.14 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹36.49 Lakh (net margin 1.5%) and EBITDA of ₹90.86 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 203 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NetWeb. Court records list 1 case involving the company, including 1 filed against it.
Netweb Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0021829). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netweb.biz.
Company details
CIN U30000GJ1998PTC034085
Registration Number 034085
Incorporation Date 12 May 1998
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
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0021829
Key People
Ajit Muljibhai Patel Director Ankit Dilip Shah Director Maulik Ramkrishna Bhansali Director Recognitions & Rankings of Netweb Software
Contact details
Netweb Software Private Limited's registered office is in Vadodara, Gujarat. Its website is netweb.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Netweb Aspire Survey No.18 19 20 Near Bright Day School Vasana – Bhayali R, Oad, Vadodara, Gujarat, India – 391410
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Netweb Software Private Limited, buy the company report.
Comprehensive company report
Netweb Software Private Limited - one report that includes everything
- 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
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Brands
Netweb Software operates one associated brand: NetWeb. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides software engineering, AI solutions, and digital transformation services worldwide. | netweb.biz |
Business activity
The main business activity of Netweb Software 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 Netweb Software Private Limited, buy the company report.
Financials of Netweb Software Private Limited
FY 2024 filings availableNetweb Software Private Limited reported revenue of ₹25.14 Cr (up 20% YoY) for FY 2024.
Revenue · FY 2024
₹25.14 Cr ▲ 20%
Net profit · FY 2024
₹36.49 Lakh margin 1.5%
EBITDA · FY 2024
₹90.86 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 4%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 949%
3 years · compounded
▼ 35%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 20% growth in the latest year. EBITDA rose 949% 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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| Total Expenses | |||||
| EBITDA | ₹90.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.49 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Netweb Software Private Limited, buy the company report.
Board of directors of Netweb Software Private Limited
Netweb Software has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Muljibhai Patel Also directs: Pharmlife Distributors Private Limited | Director | 01 Oct 2003 | 23 Years 0 Months | Current |
| Ankit Dilip Shah Also directs: Nuway Infrastructure Private Limited | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Maulik Ramkrishna Bhansali Also directs: Nuway Infrastructure Private Limited, Gesia IT Association | Director | 30 Jun 2010 | 16 Years 4 Months | Current |
| Diptiben Nitinkumar Shukla Also directs: Nuway Infrastructure Private Limited | Director | 24 Dec 2003 | 22 Years 10 Months | Current |
Auditor
Netweb Software Private Limited is audited by MUKUND & ROHIT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND & ROHIT | FY 2023 | 113375W |
Shareholding
The shareholding of Netweb Software 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Netweb Software Private Limited, buy the company report.
Legal cases
Netweb Software Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (TMSUIT) | Filed against the company by Kameda Infologics Private Limited Thourgh Its Authorized Signatory Mr. Tarun Anand | Disposed |
To see the full case history of Netweb Software Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Netweb Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Netweb Software Private Limited has a workforce of 203 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
203
Active EPFO establishments
1
Employee growth
-27.76%
GST
Netweb Software has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN7710M1ZF | Gujarat | Active | 01 Jul 2017 |
| 27AAACN7710M1Z9 | Maharashtra | Active | 21 Jul 2017 |
| 36AAACN7710M1ZA | Telangana | Active | 29 Sep 2023 |
To see the full GST registrations and return filing status of Netweb Software Private Limited, buy the company report.
Recent activity
Netweb Software Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Ankit Dilip Shah ceased to be Additional Director on 29 Sep 2018.
AGM
Netweb Software Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Netweb Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Ankit Dilip Shah ceased to be Additional Director.
Appointed
Ankit Dilip Shah was appointed as Director.
Ceased
Nitinkumar Bhanuprasad Shukla ceased to be Director.
Ceased
Bhanuprasad Prabhashankar Shukla ceased to be Director.
Ceased
Maulik Ramkrishna Bhansali ceased to be Additional Director.
Appointed
Maulik Ramkrishna Bhansali was appointed as Director.
Appointed
Diptiben Nitinkumar Shukla was appointed as Director.
Appointed
Ajit Muljibhai Patel was appointed as Director.
Incorporation
12 May 1998
Netweb Software Private Limited was registered on 12 May 1998 with Roc Ahmedabad & aged 28 years 5 months as per MCA records.
Frequently asked questions
Netweb Software is an active private limited company based in Vadodara, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 May 1998 (28+ years old) and is registered under CIN U30000GJ1998PTC034085.
Netweb Software has 4 current directors:
- Ajit Muljibhai Patel - Director
- Ankit Dilip Shah - Director
- Maulik Ramkrishna Bhansali - Director
- Diptiben Nitinkumar Shukla - Director
The latest financial statements of Netweb Software on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Netweb Software is 24AAACN7710M1ZF, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACN7710M1Z9 (Maharashtra), 36AAACN7710M1ZA (Telangana).
The CIN (Corporate Identification Number) of Netweb Software is U30000GJ1998PTC034085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netweb Software has 1 court case on record: 1 filed against it.
Netweb Software was incorporated on 12 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankit Dilip Shah ceased to be Additional Director on 29 Sep 2018. Ankit Dilip Shah was appointed as Director on 13 Aug 2018. Nitinkumar Bhanuprasad Shukla ceased to be Director on 04 Oct 2015. Netweb Software has 8 board changes on record in total.
Yes, Netweb Software is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0021829).
Netweb Software can be reached through the website netweb.biz. Its registered office is in Vadodara, Gujarat, India.
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