MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0065719
Sapas Solutions Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.31 Cr
▲ 56% YoY
Net profit · FY 2025
₹14.06 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹36.14 Lakh
EBITDA margin 5.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
6
Provident fund records
About Sapas Solutions Private Limited
Data last updated:
Sapas Solutions 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 02 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2008PTC053475. Its GSTIN is 24AALCS8199L1ZG (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shailendra Narayan Shewalkar (Whole-Time Director) and Swati Shailendra Shewalkar (Whole-Time Director).
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 Flat No. 201 Akhand Sagar Apartment Old Padra Road, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.31 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹14.06 Lakh (net margin 2.2%) and EBITDA of ₹36.14 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 5% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SAPAS Telematics. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Sapas Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0065719). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sapas.co.in.
Company details
CIN U74140GJ2008PTC053475
Registration Number 053475
Incorporation Date 02 April 2008
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-24-0065719
Key People
Shailendra Narayan Shewalkar Whole-Time Director Swati Shailendra Shewalkar Whole-Time Director Recognitions & Rankings of Sapas Solutions
Contact details
Sapas Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is sapas.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 201 Akhand Sagar Apartment Old Padra Road, Vadodara, Gujarat, India – 390007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sapas Solutions Private Limited, buy the company report.
Comprehensive company report
Sapas 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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Brands
Sapas Solutions operates one associated brand: SAPAS Telematics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers web-based solutions for effective fleet management. | sapastelematics.com |
Business activity
The main business activity of Sapas Solutions is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sapas Solutions Private Limited, buy the company report.
Financials of Sapas Solutions Private Limited
FY 2025 filings availableSapas Solutions Private Limited reported revenue of ₹6.31 Cr (up 56% YoY) for FY 2025.
Revenue · FY 2025
₹6.31 Cr ▲ 56%
Net profit · FY 2025
₹14.06 Lakh margin 2.2%
EBITDA · FY 2025
₹36.14 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 37%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 40%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 56% growth in the latest year. EBITDA rose 28% 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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| Total Expenses | |||||
| EBITDA | ₹36.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Sapas Solutions Private Limited, buy the company report.
Board of directors of Sapas Solutions Private Limited
Sapas Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Narayan Shewalkar | Whole-Time Director | 02 Apr 2008 | 18 Years 6 Months | Current |
| Swati Shailendra Shewalkar | Whole-Time Director | 02 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Sapas Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dekon Enterprises Private Limited | ₹6.32 Cr (FY 2025) | 17.0% | Hooghly, West Bengal, India | |||
| Rondo Metal Systems Private Limited | ₹6.32 Cr (FY 2018) | -53.0% | Mumbai, Maharashtra, India | |||
| Indofix International Private Limited | ₹6.32 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Nowatin Propack Private Limited | ₹6.32 Cr (FY 2025) | 200.0% | Thane, Maharashtra, India | |||
| Ujwal Electrical Stampings Pvt Ltd | ₹6.31 Cr (FY 2017) | -24.0% | Ahmednagar, Maharashtra, India | |||
| Sapas Solutions Private Limitedthis company | ₹6.31 Cr (FY 2025) | ₹14.06 Lakh | 2.2% | 56.0% | 6 | Vadodara, Gujarat, India |
| Tirupati Metal Recycling Private Limited | ₹6.3 Cr (FY 2023) | -10.0% | Nagpur, Maharashtra, India | |||
| Arrowin Metaltech (India) Private Limited | ₹6.3 Cr (FY 2025) | 81.0% | Lodhika, Gujarat, India | |||
| Bagra Ispat Private Limited | ₹6.3 Cr (FY 2024) | 4.0% | Jaipur, Rajasthan, India | |||
| Aadheshwar Stainless Steel Private Limited | ₹6.3 Cr (FY 2022) | 11.0% | Ahmedabad, Gujarat, India | |||
| Kyna Industries Private Limited | ₹6.3 Cr (FY 2025) | 13.0% | Chandigarh, India |
To see the full peer comparison of Sapas Solutions Private Limited, buy the company report.
Auditor
Sapas Solutions Private Limited is audited by Haribhakti & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. | FY 2022 | 118013W |
Shareholding
The shareholding of Sapas Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sapas Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2022 | 100646090 | Others | ₹54 Lakh | Open | |
| 06 Aug 2022 | 100606056 | Others | ₹54 Lakh | Open | |
| 17 May 2011 | 10294696 | Bank of Baroda | ₹41.75 Lakh | Open |
To see the full charge records of Sapas Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Sapas 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
Sapas Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shiv Shakti Enterprise | |||
| an individual supplier |
To see the full MSME payment records of Sapas Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sapas Solutions Private Limited has a workforce of 6 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-25%
GST
Sapas Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS8199L1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sapas Solutions Private Limited, buy the company report.
Recent activity
Sapas Solutions Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Shailendra Narayan Shewalkar was appointed as Whole-Time Director on 02 Apr 2008.
AGM
Sapas Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sapas Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 54.00 Lakh with Charge ID 100646090 was registered on 20 Oct 2022.
Charges
A charge with Others amounted to Rs. 54.00 Lakh with Charge ID 100606056 was registered on 06 Aug 2022.
Charges
A charge with Bank Of Baroda of Rs. 41.75 Lakh registered on 17 May 2011 with Charge ID 10294696 was modified on 09 Nov 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 41.75 Lakh with Charge ID 10294696 was registered on 17 May 2011.
Appointed
Shailendra Narayan Shewalkar was appointed as Whole-Time Director.
Appointed
Swati Shailendra Shewalkar was appointed as Whole-Time Director.
Incorporation
02 Apr 2008
Sapas Solutions Private Limited was registered on 02 Apr 2008 with Roc Ahmedabad & aged 18 years 7 months as per MCA records.
Frequently asked questions
Sapas Solutions 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 02 April 2008 (18+ years old) and is registered under CIN U74140GJ2008PTC053475.
Sapas Solutions has 2 current directors:
- Shailendra Narayan Shewalkar - Whole-Time Director
- Swati Shailendra Shewalkar - Whole-Time Director
The latest financial statements of Sapas 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 2015 are in the company report.
The GSTIN of Sapas Solutions is 24AALCS8199L1ZG, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sapas Solutions is U74140GJ2008PTC053475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sapas Solutions was incorporated on 02 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sapas Solutions by revenue are Dekon Enterprises Private Limited, Rondo Metal Systems Private Limited, Indofix International Private Limited, Nowatin Propack Private Limited, Ujwal Electrical Stampings Pvt Ltd and 5 more, all in the same principal business activity (metal and metal products).
Shailendra Narayan Shewalkar was appointed as Whole-Time Director on 02 Apr 2008. Swati Shailendra Shewalkar was appointed as Whole-Time Director on 02 Apr 2008.
Yes, Sapas Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0065719).
Sapas Solutions has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Jun 2019.
Sapas Solutions can be reached through the website sapas.co.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Sapas Solutions is at Flat No. 201 Akhand Sagar Apartment Old Padra Road, Vadodara, Gujarat, India – 390007.
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