Shilpmis Technologies Private Limited

Shilpmis Technologies Private Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2017PTC096029 Incorporated 01 March 2017 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.24 Cr
▼ 51% YoY
Net profit · FY 2024
₹9.22 Lakh
Net margin 7.5%
EBITDA · FY 2024
₹19.56 Lakh
EBITDA margin 15.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹12.5 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
14
Provident fund records

About Shilpmis Technologies Private Limited

Data last updated:

Shilpmis Technologies Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC096029. Its GSTIN is 24AAYCS2411G1ZB (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.5 Lakh. It is led by directors Hardik Parimal Desai and Parimal Gunvantrai Desai.

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 Ground 1st 2nd Floor Shilpmaitri Appt Bhatar, Surat, Gujarat, India – 395007.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹9.22 Lakh (net margin 7.5%) and EBITDA of ₹19.56 Lakh (EBITDA margin 15.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Shilp Maitri Innovative Solutions, ppTVR and Melzo. As per MCA filings, the company has open charges of ₹1.5 Cr on record. The company has 1 deal on record (1 funding round); the latest was in March 2017. Its 10 peer companies in the Education industry (Education Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Eduplaced Higher Education Private Limited with revenue of ₹1.25 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website melzo.com.

Company Details of Shilpmis Technologies Private Limited
CIN U72900GJ2017PTC096029
Registration Number 096029
Incorporation Date 01 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
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Ground 1st 2nd Floor Shilpmaitri Appt Bhatar, Surat, Gujarat, India – 395007
  • Industry
    Information Technology, Web Design & Maintenance Services
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Financials, compliance, directors, charges, ownership and filings for Shilpmis Technologies Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Shilpmis Technologies Private Limited

The main business activity of Shilpmis Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Shilpmis Technologies Private Limited FY 2025 filings available

Shilpmis Technologies Private Limited reported revenue of ₹1.24 Cr (down 51% YoY) for FY 2024.

Revenue · FY 2024
₹1.24 Cr ▼ 51%
Net profit · FY 2024
₹9.22 Lakh margin 7.5%
EBITDA · FY 2024
₹19.56 Lakh margin 15.8%

Compounded Annual Growth Rate (CAGR) of Shilpmis Technologies Private Limited

Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▼ 4%
5 years · compounded
▲ 18%

Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. 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 Shilpmis Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹19.56 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹9.22 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••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Shilpmis Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.8%••••••••••••••••
Net Profit Margin7.5%••••••••••••••••
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 Shilpmis Technologies are in the company report.

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Financial statements from FY 2017

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Peer Comparison of Shilpmis Technologies Private Limited

Shilpmis Technologies Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Eduplaced Higher Education Private Limited₹1.25 Cr (FY 2025)••••••••••••Delhi, India
Leo Planetaria Astronomy Education Private Limited₹1.25 Cr (FY 2024)••••••••164.0%••••New Delhi, Delhi, India
Globaldreamz Edutech Private Limited₹1.25 Cr (FY 2024)••••••••645.0%••••Pune, Maharashtra, India
Prashastha Future Education Private Limited₹1.24 Cr (FY 2023)••••••••3308.0%••••Bangalore, Karnataka, India
Scoreleap Test Prep Private Limited₹1.24 Cr (FY 2024)••••••••-30.0%••••Bangalore, Karnataka, India
Shilpmis Technologies Private Limited this company₹1.24 Cr (FY 2024)••••••••-51.0%••••Surat, Gujarat, India
Beta Technologies India Private Limited₹1.23 Cr (FY 2025)••••••••-7.0%••••Coimbatore, Tamil Nadu, India
Coolg Edu Solutions Private Limited₹1.22 Cr (FY 2024)••••••••-1.0%••••Bangalore, Karnataka, India
Shirsa Labs Private Limited₹1.22 Cr (FY 2019)••••••••-37.0%••••Mumbai, Maharashtra, India
Pooja Talwar Education Private Limited₹1.22 Cr (FY 2025)••••••••5.0%••••New Delhi, Delhi, India
Digidata Infosystems Private Limited₹1.2 Cr (FY 2025)••••••••-23.0%••••Aurangabad, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Shilpmis Technologies by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Shilpmis Technologies Private Limited

Shilpmis Technologies Private Limited is audited by NATVARLAL VEPARI & CO for the financial year 2023.

NameStatusAppointment DateCessation Date
NATVARLAL VEPARI & COLockedLockedLocked
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Board of Directors of Shilpmis Technologies Private Limited

Shilpmis Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hardik Parimal DesaiDirector01 Mar 20179 Years 7 MonthsCurrent
Parimal Gunvantrai DesaiDirector01 Mar 20179 Years 7 MonthsCurrent

Ownership and Shareholding of Shilpmis Technologies Private Limited

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Charges & Borrowings of Shilpmis Technologies Private Limited

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateLenderAmountStatus
27 Dec 2025Others₹1.5 CrOpen

Total charge records: 1 View all charges

Deals & Funding of Shilpmis Technologies Private Limited

Shilpmis Technologies Private Limited has 1 deal on record (1 funding round); the latest was in March 2017.

Total deals
1
Funding round
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2017Funding roundUndisclosedInvestors: 2 individuals
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Associated Brands with Shilpmis Technologies Private Limited

Shilpmis Technologies operates multiple associated brands including Shilp Maitri Innovative Solutions, ppTVR, and Melzo. Each brand links to its own profile.

BrandDescriptionWebsite
VR/AR solutions for building information modeling are offered.shilpmis.com
Provider of web-based platform to create interactive VR experiencespptvr.in
Cloud-based platform providing VR based content creation solutionsmelzo.com

Employees and EPFO Compliance at Shilpmis Technologies Private Limited

Shilpmis Technologies Private Limited has a workforce of 14 employees as of Apr 09, 2024.

Employee count
14
Active EPFO establishments
1
Employee growth
-67.44%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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News related to Shilpmis Technologies Private Limited

Recent Activity on Shilpmis Technologies Private Limited

Shilpmis Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Hardik Parimal Desai was appointed as Director on 01 Mar 2017.

Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101210832 was registered on 27 Dec 2025.
AGM
Shilpmis Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shilpmis Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hardik Parimal Desai was appointed as Director.
Appointed
Parimal Gunvantrai Desai was appointed as Director.
Incorporation
01 Mar 2017
Shilpmis Technologies Private Limited was registered on 01 Mar 2017 with Roc Ahmedabad & aged 9 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Shilpmis Technologies Private Limited

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MSME Payment Delays by Shilpmis Technologies Private Limited

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Subsidiaries & Group Companies of Shilpmis Technologies Private Limited

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GST Compliance of Shilpmis Technologies Private Limited

Shilpmis Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAYCS2411G1ZBGujaratActive08 Feb 2018
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MCA Filings & Documents of Shilpmis Technologies Private Limited

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Frequently Asked Questions about Shilpmis Technologies Private Limited

Shilpmis Technologies is an active private limited company based in Surat, Gujarat, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC096029.

Shilpmis Technologies reported revenue of ₹1.24 Cr for FY 2024 (down 51% YoY).

Shilpmis Technologies has 2 current directors:

Shilpmis Technologies reported a net profit of ₹9.22 Lakh (net margin 7.5%) and EBITDA of ₹19.56 Lakh (EBITDA margin 15.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Shilpmis Technologies is -15% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Shilpmis Technologies is 24AAYCS2411G1ZB, registered in Gujarat.

The CIN (Corporate Identification Number) of Shilpmis Technologies is U72900GJ2017PTC096029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shilpmis Technologies was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Shilpmis Technologies has 1 deal on record (1 funding round); the latest was in March 2017.

The peers of Shilpmis Technologies by revenue are Eduplaced Higher Education Private Limited, Leo Planetaria Astronomy Education Private Limited, Globaldreamz Edutech Private Limited, Prashastha Future Education Private Limited, Scoreleap Test Prep Private Limited and 5 more, all in the Education industry (Education Technology).

Hardik Parimal Desai was appointed as Director on 01 Mar 2017. Parimal Gunvantrai Desai was appointed as Director on 01 Mar 2017.

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