MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0018240
Saitech IT Private Limited - e-commerce in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹99.15 Cr
▲ 38% YoY
Net profit · FY 2025
₹1.28 Cr
Net margin 1.3%
EBITDA · FY 2025
₹4.15 Cr
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8.28 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
58
Provident fund records
About Saitech IT Private Limited
Data last updated:
Saitech IT Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 28 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2013PTC073793. Its GSTIN is 24AASCS7745M1ZH (Gujarat). The company holds 14 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Premkumar Sharadbhai Patel and Mitulkumar Girishbhai Amin.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.15 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 1.3%) and EBITDA of ₹4.15 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 38% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SaiTech IT. As per MCA filings, the company has open charges of ₹8.28 Cr on record.
Saitech IT Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0018240). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saitechit.com.
Company details
CIN U72900GJ2013PTC073793
Registration Number 073793
Incorporation Date 28 February 2013
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 Medium
Udyam Registration UDYAM-GJ-24-0018240
Key People
Premkumar Sharadbhai Patel Director Mitulkumar Girishbhai Amin Director Nimishaben Girishbhai Amin Director Recognitions & Rankings of Saitech IT
Contact details
Saitech IT Private Limited's registered office is in Vadodara, Gujarat. Its website is saitechit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFf Shop 09 Greenfield 4 Plus Opp. Fortune Green Nr. Waves Club Bhay, Li, Vadodara, Gujarat, India – 391410
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Saitech IT Private Limited, buy the company report.
Comprehensive company report
Saitech IT 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
Saitech IT operates one associated brand: SaiTech IT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wholesale distribution of computer accessories and electronics in India. | saitechit.com |
Business activity
The main business activity of Saitech IT is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Saitech IT Private Limited, buy the company report.
Financials of Saitech IT Private Limited
FY 2025 filings availableSaitech IT Private Limited reported revenue of ₹99.15 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹99.15 Cr ▲ 38%
Net profit · FY 2025
₹1.28 Cr margin 1.3%
EBITDA · FY 2025
₹4.15 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 24%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 24%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 38% growth in the latest year. EBITDA rose 43% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Saitech IT Private Limited, buy the company report.
Board of directors of Saitech IT Private Limited
Saitech IT 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 |
|---|---|---|---|---|
| Premkumar Sharadbhai Patel Also directs: Ecommerce Gyan Private Limited | Director | 18 Apr 2024 | 2 Years 6 Months | Current |
| Mitulkumar Girishbhai Amin | Director | 28 Feb 2013 | 13 Years 8 Months | Current |
| Nimishaben Girishbhai Amin Also directs: Ecommerce Gyan Private Limited | Director | 20 Nov 2014 | 11 Years 11 Months | Current |
| Sunilbhai Dahyabhai Patel | Director | 20 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Saitech IT Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sparkling Hues Gems Private Limited | ₹106.18 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Phygicart E-Commerce Private Limited | ₹99.29 Cr (FY 2023) | -54.0% | Thrissur, Kerala, India | |||
| Saitech IT Private Limitedthis company | ₹99.15 Cr (FY 2025) | ₹1.28 Cr | 1.3% | 38.0% | 58 | Vadodara, Gujarat, India |
| Mirraw Online Services Private Limited | ₹94.03 Cr (FY 2025) | 6.0% | Mankoli Naka Bhiwandi, Maharashtra, India |
To see the full peer comparison of Saitech IT Private Limited, buy the company report.
Auditor
Saitech IT Private Limited is audited by VINESH MEHTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINESH MEHTA & CO | FY 2023 | 0115449W |
Shareholding
The shareholding of Saitech IT 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 Saitech IT Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2020 | 100344755 | Others | ₹28 Lakh | Open | |
| 11 Apr 2019 | 100262855 | Others | ₹8 Cr | Open |
To see the full charge records of Saitech IT Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Saitech IT 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 Saitech IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saitech IT Private Limited has a workforce of 58 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
18.37%
GST
Saitech IT has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
13
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS7745M1ZH | Gujarat | Active | 01 Jul 2017 |
| 06AASCS7745M1ZF | Haryana | Active | 09 Mar 2018 |
| 29AASCS7745M1Z7 | Karnataka | Active | 09 Mar 2018 |
| 19AASCS7745M1Z8 | West Bengal | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Saitech IT Private Limited, buy the company report.
Recent activity
Saitech IT Private Limited has 8 board changes on record since 2013: 4 appointments and 4 cessations. The latest: Nimishaben Girishbhai Amin ceased to be Additional Director on 29 Sep 2025.
AGM
Saitech It Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Nimishaben Girishbhai Amin ceased to be Additional Director.
Ceased
Sunilbhai Dahyabhai Patel ceased to be Additional Director.
Charges
A charge with Others of Rs. 800.00 Lakh registered on 11 Apr 2019 with Charge ID 100262855 was modified on 11 Jul 2025.
Filing
Saitech It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Premkumar Sharadbhai Patel was appointed as Director.
Charges
A charge with Others amounted to Rs. 28.00 Lakh with Charge ID 100344755 was registered on 27 Feb 2020.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 100262855 was registered on 11 Apr 2019.
Ceased
Mitulkumar Girishbhai Amin ceased to be Director.
Ceased
Nimeshkumar Sureshbhai Patel ceased to be Director.
Appointed
Nimishaben Girishbhai Amin was appointed as Director.
Appointed
Sunilbhai Dahyabhai Patel was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Saitech IT is an active private limited company based in Vadodara, Gujarat, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 28 February 2013 (13+ years old) and is registered under CIN U72900GJ2013PTC073793.
Saitech IT has 4 current directors:
- Premkumar Sharadbhai Patel - Director
- Mitulkumar Girishbhai Amin - Director
- Nimishaben Girishbhai Amin - Director
- Sunilbhai Dahyabhai Patel - Director
The latest financial statements of Saitech IT 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 2015 are in the company report.
The GSTIN of Saitech IT is 24AASCS7745M1ZH, registered in Gujarat. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 06AASCS7745M1ZF (Haryana), 29AASCS7745M1Z7 (Karnataka), 19AASCS7745M1Z8 (West Bengal).
The CIN (Corporate Identification Number) of Saitech IT is U72900GJ2013PTC073793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saitech IT was incorporated on 28 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saitech IT by revenue are Sparkling Hues Gems Private Limited, Phygicart E-Commerce Private Limited, Mirraw Online Services Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Nimishaben Girishbhai Amin ceased to be Additional Director on 29 Sep 2025. Sunilbhai Dahyabhai Patel ceased to be Additional Director on 29 Sep 2025. Premkumar Sharadbhai Patel was appointed as Director on 18 Apr 2024. Saitech IT has 8 board changes on record in total.
Yes, Saitech IT is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0018240).
Saitech IT can be reached through the website saitechit.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Saitech IT is at Ff Shop 09 Greenfield 4 Plus Opp. Fortune Green Nr. Waves Club Bhay, Li, Vadodara, Gujarat, India – 391410.
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