MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0194531
Persistence Offshore Solutions Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.87 Cr
▲ 4% YoY
Net profit · FY 2025
₹12.67 Lakh
Net margin 4.4%
EBITDA · FY 2025
₹21.53 Lakh
EBITDA margin 7.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
12
Provident fund records
Directors on board
2
As per MCA filings
About Persistence Offshore Solutions Private Limited
Data last updated:
Persistence Offshore 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 07 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC096118. Its GSTIN is 24AAJCP0392A1ZT (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pratik Anilkumar Shah and Riteshbhai Navanitbhai Prajapati.
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 2025, the company reported a revenue of ₹2.87 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.67 Lakh (net margin 4.4%) and EBITDA of ₹21.53 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 28% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
Persistence Offshore Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0194531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website persistence.co.in.
Company details
CIN U74999GJ2017PTC096118
Registration Number 096118
Incorporation Date 07 March 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0194531
Recognitions & Rankings of Persistence Offshore Solutions
Contact details
Persistence Offshore Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is persistence.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1301 – Shilp Epitome Rajpath Rangoli Road Rajpath Club Road, Sindhubhavan Marg Near Infostech Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Persistence Offshore Solutions Private Limited, buy the company report.
Comprehensive company report
Persistence Offshore Solutions 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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Secure checkout · GST invoice included
Business activity
The main business activity of Persistence Offshore Solutions 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 Persistence Offshore Solutions Private Limited, buy the company report.
Financials of Persistence Offshore Solutions Private Limited
FY 2025 filings availablePersistence Offshore Solutions Private Limited reported revenue of ₹2.87 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹2.87 Cr ▲ 4%
Net profit · FY 2025
₹12.67 Lakh margin 4.4%
EBITDA · FY 2025
₹21.53 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 30%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 58%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 4% growth in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.53 Lakh | ||||
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| Net Profit (PAT) | ₹12.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Persistence Offshore Solutions Private Limited, buy the company report.
Board of directors of Persistence Offshore Solutions Private Limited
Persistence Offshore Solutions has 2 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 |
|---|---|---|---|---|
| Pratik Anilkumar Shah Also directs: Orbs Personnel Private Limited | Director | 07 Mar 2018 | 8 Years 7 Months | Current |
| Riteshbhai Navanitbhai Prajapati Also directs: Orbs Personnel Private Limited | Director | 21 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Persistence Offshore Solutions Private Limited is audited by AKHANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKHANI & ASSOCIATES | FY 2023 | 0143835W |
Shareholding
The shareholding of Persistence Offshore Solutions 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 Persistence Offshore Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Persistence Offshore Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Persistence Offshore Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Persistence Offshore Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP0392A1ZT | Gujarat | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Persistence Offshore Solutions Private Limited, buy the company report.
Recent activity
Persistence Offshore Solutions Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Riteshbhai Navanitbhai Prajapati ceased to be Additional Director on 31 Dec 2020.
AGM
Persistence Offshore Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Persistence Offshore Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Riteshbhai Navanitbhai Prajapati ceased to be Additional Director.
Ceased
Neha Dineshkumar Shah ceased to be Director.
Appointed
Riteshbhai Navanitbhai Prajapati was appointed as Director.
Ceased
Pratik Anilkumar Shah ceased to be Additional Director.
Ceased
Akash Dashrathlal Thakkar ceased to be Director.
Appointed
Pratik Anilkumar Shah was appointed as Director.
Incorporation
07 Mar 2017
Persistence Offshore Solutions Private Limited was registered on 07 Mar 2017 with Roc Ahmedabad & aged 9 years 7 months as per MCA records.
Frequently asked questions
Persistence Offshore 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 07 March 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC096118.
Persistence Offshore Solutions has 2 current directors:
- Pratik Anilkumar Shah - Director
- Riteshbhai Navanitbhai Prajapati - Director
The latest financial statements of Persistence Offshore Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Persistence Offshore Solutions is 24AAJCP0392A1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Persistence Offshore Solutions is U74999GJ2017PTC096118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Persistence Offshore Solutions was incorporated on 07 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Riteshbhai Navanitbhai Prajapati ceased to be Additional Director on 31 Dec 2020. Neha Dineshkumar Shah ceased to be Director on 06 Sep 2020. Riteshbhai Navanitbhai Prajapati was appointed as Director on 21 Aug 2020. Persistence Offshore Solutions has 6 board changes on record in total.
Yes, Persistence Offshore Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0194531).
Persistence Offshore Solutions can be reached through the website persistence.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Persistence Offshore Solutions is at 1301 – Shilp Epitome Rajpath Rangoli Road Rajpath Club Road, Sindhubhavan Marg Near Infostech Bodakdev, Ahmedabad, Gujarat, India – 380054.