About Shivrai Technologies Private Limited
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Shivrai Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2006PTC128713. Its GSTIN is 27AAKCS1348A2ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.18 Lakh. It is led by directors including Sanjay Sopanrao Borkar (Managing Director) and Murtuza Firoz Motiwala.
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 Unit No. 17 Second Floor Electronic Co – Operative Estate Ltd Pune Satara Ro, Ad, Maharashtra, India – 411009.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.59 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 13%) and EBITDA of ₹4.25 Cr (EBITDA margin 24.2%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 50% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Shivrai Technologies and FarmERP. As per MCA filings, the company has open charges of ₹1.84 Cr and satisfied charges of ₹99.12 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹11.45 Cr; the latest was in April 2022. Its 6 peer companies in the Information Technology industry (AI Technologies, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 4 smaller; the largest is Bolddec Technologies Private Limited with revenue of ₹17.65 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 farmerp.com.
Company details
Contact details
Shivrai Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is farmerp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 17 Second Floor Electronic Co – Operative Estate Ltd Pune Satara Ro, Ad, Maharashtra, India – 411009
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Shivrai Technologies Private Limited, 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
Brands
Shivrai Technologies operates two associated brands: Shivrai Technologies and FarmERP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based ERP and AI tools for agriculture management and diagnostics. | shivrai.co.in | |
| FarmERP is recognized as a leader in farm management software. | farmerp.com |
Business activity
The main business activity of Shivrai Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Shivrai Technologies Private Limited, buy the company report.
Financials of Shivrai Technologies Private Limited
FY 2025 filings availableShivrai Technologies Private Limited reported revenue of ₹17.59 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 4% growth in the latest year. EBITDA fell 33% 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
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| EBITDA | ₹4.25 Cr | ||||
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| Net Profit (PAT) | ₹2.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 24.2% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Shivrai Technologies Private Limited, buy the company report.
Board of directors of Shivrai Technologies Private Limited
Shivrai Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murtuza Firoz Motiwala Also directs: Technogen IT Services India Private Limited | Director | 02 Oct 2019 | 7 Years 0 Months | Current |
| Santosh Krishnarao Shinde Also directs: Consultgreen Enterprises Private Limited | Director | 10 Jul 2006 | 20 Years 3 Months | Current |
| Sanjay Sopanrao Borkar Also directs: Consultgreen Enterprises Private Limited | Managing Director | 10 Jul 2006 | 20 Years 3 Months | Current |
Peer comparison
Shivrai Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (AI Technologies, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bolddec Technologies Private Limited | ₹17.65 Cr (FY 2019) | 39119.0% | New Delhi, Delhi, India | |||
| Kran Consulting Private Limited | ₹17.59 Cr (FY 2024) | 46.0% | Thiruvananthapuram, Kerala, India | |||
| Shivrai Technologies Private Limitedthis company | ₹17.59 Cr (FY 2024) | ₹2.28 Cr | 13% | 4.0% | 92 | Pune, Maharashtra, India |
| Suffescom Solutions Private Limited | ₹17.51 Cr (FY 2024) | 25.0% | Mohali, Punjab, India | |||
| Idcol Software Limited | ₹17.48 Cr (FY 2022) | 40.0% | Bhubaneswar, Odisha, India | |||
| Tekiq Software Solutions Private Limited | ₹17.47 Cr (FY 2024) | Hyderabad, Telangana, India | ||||
| Go-To-Market Buddy Software Private Limited | ₹17.44 Cr (FY 2025) | 29.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shivrai Technologies Private Limited, buy the company report.
Auditor
Shivrai Technologies Private Limited is audited by Vikrant Salunke and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vikrant Salunke and Associates | FY 2023 | 128704W |
Shareholding
The shareholding of Shivrai Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Shivrai Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2025 | 101213923 | Axis Bank Limited | ₹84.42 Lakh | Open | |
| 31 Jan 2025 | 101055781 | Others | ₹1 Cr | Open | |
| 08 Jan 2016 | 10617813 | Syndicate Bank | ₹25 Lakh | Satisfied | |
| 20 Mar 2014 | 10489341 | Syndicate Bank | ₹6.5 Lakh | Satisfied | |
| 13 Feb 2014 | 10483988 | Syndicate Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Shivrai Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Shivrai Technologies Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹11.45 Cr; the latest was in April 2022.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Technogen IT Services Pte Ltd |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Technogen IT Services Pte Ltd Seller: 2 individuals |
| Mar 2010 | Funding round | ₹5 Lakh | Investors: 2 individuals |
To see the full deal history of Shivrai Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shivrai Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Adani Capital Pvt Ltd-Chiragkumar Gadhiya | Pending |
To see the full case history of Shivrai Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shivrai Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shivrai Technologies Private Limited has a workforce of 92 employees on its EPFO records as of Apr 23, 2024, across 1 active EPFO establishment.
GST
Shivrai Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS1348A2ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivrai Technologies Private Limited, buy the company report.
Recent activity
Shivrai Technologies Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Murtuza Firoz Motiwala was appointed as Director on 02 Oct 2019.
7 earlier events are in the company report.
News
Frequently asked questions
Shivrai Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 July 2006 (20+ years old) and is registered under CIN U72900PN2006PTC128713.
Shivrai Technologies has 3 current directors:
- Sanjay Sopanrao Borkar - Managing Director
- Murtuza Firoz Motiwala - Director
- Santosh Krishnarao Shinde - Director
The latest financial statements of Shivrai Technologies 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 Shivrai Technologies is 27AAKCS1348A2ZK, registered in Maharashtra. 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 Shivrai Technologies is U72900PN2006PTC128713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivrai Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Shivrai Technologies was incorporated on 10 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Shivrai Technologies has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹11.45 Cr; the latest was in April 2022.
The peers of Shivrai Technologies by revenue are Bolddec Technologies Private Limited, Kran Consulting Private Limited, Suffescom Solutions Private Limited, Idcol Software Limited, Tekiq Software Solutions Private Limited and 1 more, all in the Information Technology industry (AI Technologies, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Murtuza Firoz Motiwala was appointed as Director on 02 Oct 2019. Sanjay Sopanrao Borkar was appointed as Managing Director on 10 Jul 2006. Santosh Krishnarao Shinde was appointed as Director on 10 Jul 2006.
Shivrai Technologies can be reached through the website farmerp.com. Its registered office is in Pune, Maharashtra, India.