MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0147617
Shipra IT Services Private Limited
Shipra IT Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.01 Cr
▲ 113% YoY
Net profit · FY 2024
₹12.68 Lakh
Net margin 6.3%
EBITDA · FY 2024
₹20.53 Lakh
EBITDA margin 10.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
23
Provident fund records
About Shipra IT Services Private Limited
Data last updated:
Shipra IT Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 24 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC098014. Its GSTIN is 29AAXCS8288C2ZE (Karnataka). 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 ₹1 Lakh. It is led by directors including Prakash Ganapatheppa and Shivamurthy Dekappadevi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.01 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹12.68 Lakh (net margin 6.3%) and EBITDA of ₹20.53 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 61% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Shipra IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0147617). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Shipra IT Services Private Limited
CIN U72900KA2016PTC098014
Registration Number 098014
Incorporation Date 24 November 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0147617
Recognitions & Rankings of Shipra IT Services
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address#179/36 12th B Main Road 75th E Cross, 6th Block, Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
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Business Activity of Shipra IT Services Private Limited
The main business activity of Shipra IT Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
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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 Shipra IT Services Private Limited FY 2025 filings available
Shipra IT Services Private Limited reported revenue of ₹2.01 Cr (up 113% YoY) for FY 2024.
Revenue · FY 2024
₹2.01 Cr ▲ 113%
Net profit · FY 2024
₹12.68 Lakh margin 6.3%
EBITDA · FY 2024
₹20.53 Lakh margin 10.2%
Compounded Annual Growth Rate (CAGR) of Shipra IT Services Private Limited
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 61%
5 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 29%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 113% growth in the latest year. EBITDA rose 54% 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 Shipra IT Services 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 | ₹20.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.68 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 Shipra IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Shipra IT Services are in the company report.
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Financial statements from FY 2017
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.
Board of Directors of Shipra IT Services Private Limited
Shipra IT Services has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Ganapatheppa | Director | 24 Nov 2016 | 9 Years 10 Months | Current |
| Shivamurthy Dekappadevi | Director | 24 Nov 2016 | 9 Years 10 Months | Current |
| Shivanand Wali | Director | 24 Nov 2016 | 9 Years 10 Months | Current |
Peer Comparison of Shipra IT Services Private Limited
Shipra IT Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wii Tronics Solutions Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Chennai, Tamil Nadu, India |
| Lsa Software Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Codemo Technology Solutions Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | 105.0% | •••• | Dombivali, Maharashtra, India |
| Yangtso Four Labs Private Limited | ₹2.01 Cr (FY 2024) | •••• | •••• | 1120.0% | •••• | Bangalore, Karnataka, India |
| Citara Consulting (OPC) Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | 385.0% | •••• | Sangrur, Punjab, India |
| Shipra IT Services Private Limited this company | ₹2.01 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | Bangalore, Karnataka, India |
| L D Packagings Pvt Ltd | ₹2.01 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Dankuni, West Bengal, India |
| Golden Castle Event Works Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Jaisalmer, Rajasthan, India |
| Abhinav Engineering Solutions Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Ida Jeedimetla, Telangana, India |
| Kanha Testing Labs Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Gurgaon, Haryana, India |
| Shree Rajarajeshwari Embriodery Works Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Magadi Road, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Shipra IT Services by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Shipra IT Services Private Limited
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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 Shipra IT Services Private Limited
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2022 | State Bank of India | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Shipra IT Services Private Limited
Shipra IT Services Private Limited has a workforce of 23 employees as of Apr 06, 2024.
Employee count
23
Active EPFO establishments
1
Employee growth
43.75%
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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 Shipra IT Services Private Limited
Shipra IT Services Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Prakash Ganapatheppa was appointed as Director on 24 Nov 2016.
AGM
Shipra It Services Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Shipra It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 100601489 was registered on 12 Jul 2022.
Appointed
Prakash Ganapatheppa was appointed as Director.
Appointed
Shivamurthy Dekappadevi was appointed as Director.
Appointed
Shivanand Wali was appointed as Director.
Incorporation
24 Nov 2016
Shipra It Services Private Limited was registered on 24 Nov 2016 with Roc Bangalore & aged 9 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Shipra IT Services Private Limited
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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
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MSME Payment Delays by Shipra IT Services Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Shipra IT Services Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Shipra IT Services Private Limited
Shipra IT Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS8288C2ZE | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Shipra IT Services Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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- Annual returns and statements
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Frequently Asked Questions about Shipra IT Services Private Limited
Shipra IT Services is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 24 November 2016 (10+ years old) and is registered under CIN U72900KA2016PTC098014.
Shipra IT Services reported revenue of ₹2.01 Cr for FY 2024 (up 113% YoY).
Shipra IT Services has 3 current directors:
- Prakash Ganapatheppa - Director
- Shivamurthy Dekappadevi - Director
- Shivanand Wali - Director
Shipra IT Services reported a net profit of ₹12.68 Lakh (net margin 6.3%) and EBITDA of ₹20.53 Lakh (EBITDA margin 10.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shipra IT Services is 61% over three years and 61% over five years. In the latest year (FY 2024) revenue rose 113%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shipra IT Services is 29AAXCS8288C2ZE, registered in Karnataka. 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 Shipra IT Services is U72900KA2016PTC098014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shipra IT Services was incorporated on 24 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shipra IT Services by revenue are Wii Tronics Solutions Private Limited, Lsa Software Private Limited, Codemo Technology Solutions Private Limited, Yangtso Four Labs Private Limited, Citara Consulting (OPC) Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Prakash Ganapatheppa was appointed as Director on 24 Nov 2016. Shivamurthy Dekappadevi was appointed as Director on 24 Nov 2016. Shivanand Wali was appointed as Director on 24 Nov 2016.
Yes, Shipra IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0147617).