
About Sgsits Incubation Forum
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Sgsits Incubation Forum is a private not for profit company based in Indore, Madhya Pradesh, India. It operates in the business support services segment of the business services sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U85300MP2019NPL050317.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rameshchandra Shivlal Vyas and Anant Arora.
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 23 Park Road Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.78 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹35.71 Lakh (net margin -112.4%) and EBITDA of -₹35.7 Lakh (EBITDA margin -112.3%). Revenue has grown at a compounded annual rate (CAGR) of 119% over three years.
For more details, the company can be reached via its website sgsitsincubationforum.com.
Company details
Contact details
Sgsits Incubation Forum's registered office is in Indore, Madhya Pradesh. Its website is sgsitsincubationforum.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23 Park Road Indore, Madhya Pradesh, India – 452003
- IndustryBusiness Services, Business Support Services
To see the full contact details of Sgsits Incubation Forum, buy the company report.
- 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
Financials of Sgsits Incubation Forum
FY 2025 filings availableSgsits Incubation Forum reported revenue of ₹31.78 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 119%. EBITDA fell 117% 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 | -₹35.7 Lakh | ||||
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| Net Profit (PAT) | -₹35.71 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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| Profitability | |||||
| EBITDA Margin | -112.3% | ||||
| Net Profit Margin | -112.4% | ||||
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To see the full financial statements and ratios of Sgsits Incubation Forum, buy the company report.
Board of directors of Sgsits Incubation Forum
Sgsits Incubation Forum has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshchandra Shivlal Vyas Also directs: Enerco Energy Solutions LLP | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Anant Arora Also directs: Verhoudings Consultants Private Limited | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Neetesh Purohit | Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Tapan Mukherji | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Sgsits Incubation Forum is compared with the 10 companies closest to it by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DTDS Smart-Core Private Limited | ₹32.17 Lakh (FY 2024) | -23.0% | Bangalore, Karnataka, India | |||
| As Kutir Private Limited | ₹32.1 Lakh (FY 2025) | 44.0% | Howrah, West Bengal, India | |||
| Kalimpong Produce Company Limited | ₹32.05 Lakh (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Narind Investments Private Limited | ₹31.94 Lakh (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Rajstone Industries and Contractors Private Limited | ₹31.82 Lakh (FY 2025) | -56.0% | Bhopal, Madhya Pradesh, India | |||
| Sgsits Incubation Forumthis company | ₹31.78 Lakh (FY 2025) | -₹35.71 Lakh | -112.4% | -87.0% | Indore, Madhya Pradesh, India | |
| Bravest Family Marketing Private Limited | ₹31.73 Lakh (FY 2020) | Jalandhar, Punjab, India | ||||
| HPS Wellness Private Limited | ₹31.6 Lakh (FY 2022) | 74.0% | Pune, Maharashtra, India | |||
| Quanteq Solutions (OPC) Private Limited | ₹31.6 Lakh (FY 2024) | Chandigarh, India | ||||
| Napp Management Services Private Limited | ₹31.57 Lakh (FY 2021) | 9135.0% | Bengaluru, Karnataka, India | |||
| Alankar Agencies Private Limited | ₹31.49 Lakh (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sgsits Incubation Forum, buy the company report.
Auditor
Sgsits Incubation Forum is audited by MAHESH C MITTAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH C MITTAL & ASSOCIATES | FY 2022 | 003869C |
Shareholding
The shareholding of Sgsits Incubation Forum is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sgsits Incubation Forum, buy the company report.
Legal cases
No court or tribunal cases involving Sgsits Incubation Forum 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 Sgsits Incubation Forum; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sgsits Incubation Forum; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sgsits Incubation Forum has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Neetesh Purohit was appointed as Director on 24 Jan 2025.
Frequently asked questions
Sgsits Incubation Forum is an active private not for profit company based in Indore, Madhya Pradesh, India. The company works in business support services, within the business services industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U85300MP2019NPL050317.
Sgsits Incubation Forum has 4 current directors:
- Rameshchandra Shivlal Vyas - Director
- Anant Arora - Director
- Neetesh Purohit - Director
- Tapan Mukherji - Director
The latest financial statements of Sgsits Incubation Forum 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Sgsits Incubation Forum is U85300MP2019NPL050317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sgsits Incubation Forum was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Sgsits Incubation Forum by revenue are DTDS Smart-Core Private Limited, As Kutir Private Limited, Kalimpong Produce Company Limited, Narind Investments Private Limited, Rajstone Industries and Contractors Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Neetesh Purohit was appointed as Director on 24 Jan 2025. Rakesh Saxena ceased to be Director on 18 Nov 2024. Anant Arora was appointed as Director on 11 Dec 2019. Sgsits Incubation Forum has 5 board changes on record in total.
Sgsits Incubation Forum can be reached through the website sgsitsincubationforum.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Sgsits Incubation Forum is at 23 Park Road Indore, Madhya Pradesh, India – 452003.
Sgsits Incubation Forum operates in the business services industry, in the business support services segment.
Sgsits Incubation Forum is registered under the jurisdiction of the Registrar of Companies (ROC), Gwalior.

