Shift Up IT Solutions Private Limited
About Shift Up IT Solutions Private Limited
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Shift Up IT 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 30 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC110111. Its GSTIN is 24ABCCS7006E1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Chhaya Dipak Patel and Venus Dipak Patel.
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 B – 309 Monalisa Complex Manjalpur, Vadodara, Gujarat, India – 390011.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.78 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Lakh (net margin -7.8%) and EBITDA of -₹1.27 Lakh (EBITDA margin -6.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
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- Registered AddressB – 309 Monalisa Complex Manjalpur, Vadodara, Gujarat, India – 390011
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Business Activity of Shift Up IT Solutions Private Limited
The main business activity of Shift Up IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shift Up IT Solutions Private Limited FY 2025 filings available
Shift Up IT Solutions Private Limited reported revenue of ₹20.78 Lakh (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shift Up IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 29% fall in the latest year. EBITDA fell 461% 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 of Shift Up IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.62 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shift Up IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shift Up IT Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shift Up IT Solutions Private Limited
Shift Up IT Solutions Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies, IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altis Infonet Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ekavarna Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Coinqube Payment Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Kwickbox Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Beawar, Rajasthan, India |
| Wavina Software Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Shift Up IT Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Datastorm India Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
| Summit Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Logitrixs Global Infotech Private Limited | •••• | •••• | •••• | •••• | - | Sonipat, Haryana, India |
| Especial Softech Projects Private Limited | •••• | •••• | •••• | •••• | - | Chennai-40., Tamil Nadu, India |
| Codeup Global Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shift Up IT Solutions by revenue in the Media and Publishing industry (Advertising Agencies, IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Shift Up IT Solutions Private Limited
Shift Up IT Solutions Private Limited is audited by PARTH PATEL & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARTH PATEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shift Up IT Solutions Private Limited
Shift Up IT Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Dipak Patel | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Venus Dipak Patel | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Shift Up IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shift Up IT Solutions Private Limited
Shift Up IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shift Up IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Shift Up IT Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shift Up IT Solutions Private Limited
Shift Up IT Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Chhaya Dipak Patel ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Shift Up IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shift Up IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shift Up IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shift Up IT Solutions Private Limited
Shift Up IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS7006E1ZQ | Gujarat | Active | 13 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shift Up IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shift Up IT Solutions Private Limited
Shift Up IT 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 30 September 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC110111.
Shift Up IT Solutions reported revenue of ₹20.78 Lakh for FY 2024 (down 29% YoY).
Shift Up IT Solutions has 2 current directors:
- Chhaya Dipak Patel - Director
- Venus Dipak Patel - Director
Shift Up IT Solutions reported a net loss of ₹1.62 Lakh (net margin -7.8%) and EBITDA of -₹1.27 Lakh (EBITDA margin -6.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shift Up IT Solutions is -13% over three years. In the latest year (FY 2024) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shift Up IT Solutions is 24ABCCS7006E1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Shift Up IT Solutions is U72900GJ2019PTC110111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shift Up IT Solutions was incorporated on 30 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shift Up IT Solutions by revenue are Altis Infonet Private Limited, Ekavarna Technologies Private Limited, Coinqube Payment Solutions Private Limited, Kwickbox Tech Solutions Private Limited, Wavina Software Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies, IT Consulting and Services).
Chhaya Dipak Patel ceased to be Additional Director on 30 Nov 2021. Chhaya Dipak Patel was appointed as Director on 01 Apr 2021. Kalpeshbhai Zaverbhai Makvana ceased to be Director on 01 Apr 2021. Shift Up IT Solutions has 4 board changes on record in total.
The registered office of Shift Up IT Solutions is at B – 309 Monalisa Complex Manjalpur, Vadodara, Gujarat, India – 390011.