
Shopinsync Online Private Limited
About Shopinsync Online Private Limited
Data last updated:
Shopinsync Online Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Shopinsync Inc Usa. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 16 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015FTC084127. Its GSTIN is 29AAWCS4159H1ZK (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.37 Lakh. It is led by directors Binny Sukhija and Ashish Parnami.
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 #4113 Sobha Daffodil Haralukunte Village Hsr Layout Sector – 2, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.1 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹62.11 Lakh (net margin 10.2%) and EBITDA of ₹88.14 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 80% over five years.
The company is associated with 1 brand: ShopInSync.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address#4113 Sobha Daffodil Haralukunte Village Hsr Layout Sector – 2, Bangalore, Karnataka, India – 560102
- IndustryInternet, Online Service Marketplaces
- 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
- One PDF report, delivered after checkout
Associated Brands
Shopinsync Online operates one associated brand: ShopInSync. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers AI-driven tools for student engagement and e-commerce customer support. | shopinsync.com |
Business Activity
The main business activity of Shopinsync Online is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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
Financials of Shopinsync Online Private Limited
FY 2025 filings availableShopinsync Online Private Limited reported revenue of ₹6.1 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 49% growth in the latest year. EBITDA rose 44% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹88.14 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹62.11 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.5% | |
| Net Profit Margin | 10.2% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Shopinsync Online are in the company report.
: available in the company report
Board of Directors of Shopinsync Online Private Limited
Shopinsync Online has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binny Sukhija | Director | 03 Jan 2020 | 6 Years 9 Months | Current |
| Ashish Parnami | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
Auditor Details
Shopinsync Online Private Limited is audited by S. P. Nagrath & Co. LLP for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. P. Nagrath & Co. LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Shopinsync Online Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Shopinsync Online.
: available in the company report
Recent Activity
Shopinsync Online Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Binny Sukhija was appointed as Director on 03 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Shopinsync Online has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS4159H1ZK | Karnataka | Active | 25 Jan 2019 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Shopinsync Online is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 16 November 2015 (11+ years old) and is registered under CIN U74900KA2015FTC084127.
Shopinsync Online has 2 current directors:
- Binny Sukhija - Director
- Ashish Parnami - Director
The latest financial statements of Shopinsync Online 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 2016 are in the company report.
The GSTIN of Shopinsync Online is 29AAWCS4159H1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Shopinsync Online is U74900KA2015FTC084127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shopinsync Online was incorporated on 16 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Binny Sukhija was appointed as Director on 03 Jan 2020. Ganesh Kumar Subramaniaiyer ceased to be Director on 03 Jan 2020. Thirunarayan Ramaswamy Embar ceased to be Director on 20 Sep 2019. Shopinsync Online has 6 board changes on record in total.
The registered office of Shopinsync Online is at #4113 Sobha Daffodil Haralukunte Village Hsr Layout Sector – 2, Bangalore, Karnataka, India – 560102.
Shopinsync Online operates in the internet industry, in the online service marketplaces segment.
The compliance status of Shopinsync Online is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.