
About Shoption Private Limited
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Shoption Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 25 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2019PTC185687. Its GSTIN is 27ABCCS4105L1ZB (Maharashtra).
The company has an authorised share capital of ₹13.2 Lakh and a paid-up capital of ₹1.12 Lakh. It is led by directors Sharad Ramdas Kale and Somnath Dattatrya Shendage.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.47 Lakh (net margin 0.1%) and EBITDA of ₹18.81 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 607% over three years.
The company is associated with 1 brand: Shoption. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.
Shoption Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0410059). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shoption.in.
Company details
Recognitions & Rankings of Shoption
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0410059
Contact details
Shoption Private Limited's registered office is in Pune, Maharashtra. Its website is shoption.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSr. No.133/3/9, Behind Laxmi Hotel, Pune, Maharashtra, India – 412308
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Shoption 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
Shoption operates one associated brand: Shoption. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Irrigation products and equipment are traded via a B2B platform. | shoption.in |
Business activity
The main business activity of Shoption is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shoption Private Limited, buy the company report.
Financials of Shoption Private Limited
FY 2024 filings availableShoption Private Limited reported revenue of ₹72.66 Cr (up 174% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 607% over three years, including 174% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.81 Lakh | ||||
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| Net Profit (PAT) | ₹8.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Shoption Private Limited, buy the company report.
Board of directors of Shoption Private Limited
Shoption 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 |
|---|---|---|---|---|
| Sharad Ramdas Kale Also directs: Starity Tech Solutions Private Limited | Director | 25 Jul 2019 | 7 Years 2 Months | Current |
| Somnath Dattatrya Shendage | Additional Director | 06 May 2025 | 1 Years 5 Months | Current |
Auditor
Shoption Private Limited is audited by Shailesh Shah & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shailesh Shah & Co. | FY 2022 | 109872W |
Shareholding
The shareholding of Shoption Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shoption Private Limited, buy the company report.
Deals & funding
Shoption Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round · Seed | ₹3.06 Cr | Investors: AL Trust acting through its trustee Vistra ITCL (India) Limited, Gemba Capital I Fund acting through its trustee company Orbis Trusteeship Services Private Limited, 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Rights issue | ₹75 Lakh | Investors: Ventureworks India, Batlivala & Karani Securities Private Limited, an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shoption 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, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Shoption 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 Shoption Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shoption has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS4105L1ZB | Maharashtra | Active | 13 Sep 2019 |
To see the full GST registrations and return filing status of Shoption Private Limited, buy the company report.
Recent activity
Shoption Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Shraddha Sharad Kale ceased to be Director on 06 May 2025.
Frequently asked questions
Shoption is an active private limited company based in Pune, Maharashtra, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 25 July 2019 (7+ years old) and is registered under CIN U51909PN2019PTC185687.
Shoption has 2 current directors:
- Sharad Ramdas Kale - Director
- Somnath Dattatrya Shendage - Additional Director
The latest financial statements of Shoption on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Shoption is 27ABCCS4105L1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shoption is U51909PN2019PTC185687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shoption has 1 court case on record: 1 filed against it. 1 is pending.
Shoption was incorporated on 25 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Shoption has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.06 Cr; the latest was in March 2024.
Shraddha Sharad Kale ceased to be Director on 06 May 2025. Somnath Dattatrya Shendage was appointed as Additional Director on 06 May 2025. Ramdas Gnyandeo Kale ceased to be Director on 07 Aug 2020. Shoption has 6 board changes on record in total.
Yes, Shoption is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).