
About Shoptrade Technologies Private Limited
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Shoptrade Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC114897. Its GSTIN is 29AARCA1394H1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Agranam Media Relations Private Limited. It is led by directors Deekshith Krishnappa Suvarna and Mifras Mohammadu Mohammad Meeran.
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 No 508 First Floor 6th Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.8 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹8.42 Lakh (net margin -3%) and EBITDA of -₹5.06 Lakh (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shop Trade.
For more details, the company can be reached via its website shoptrade.co.
Company details
Recognitions & Rankings of Shoptrade Technologies
Contact details
Shoptrade Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is shoptrade.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 508 First Floor 6th Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Shoptrade 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
Shoptrade Technologies operates one associated brand: Shop Trade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| E-commerce agency specializing in Shopify websites, apps, system integrations, and product development. | shoptrade.co |
Business activity
The main business activity of Shoptrade 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 Shoptrade Technologies Private Limited, buy the company report.
Financials of Shoptrade Technologies Private Limited
FY 2025 filings availableShoptrade Technologies Private Limited reported revenue of ₹2.8 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 113% 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 | -₹5.06 Lakh | ||||
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| Net Profit (PAT) | -₹8.42 Lakh | ||||
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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 | -1.8% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of Shoptrade Technologies Private Limited, buy the company report.
Board of directors of Shoptrade Technologies Private Limited
Shoptrade Technologies 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 |
|---|---|---|---|---|
| Deekshith Krishnappa Suvarna Also directs: Shambhavi Catalyst LLP | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
| Mifras Mohammadu Mohammad Meeran | Director | 19 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Shoptrade Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), 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 |
|---|---|---|---|---|---|---|
| Shoptrade Technologies Private Limitedthis company | ₹2.8 Cr (FY 2024) | -₹8.42 Lakh | -3% | -10.0% | 26 | Bangalore, Karnataka, India |
| Softcruise Technologies Private Limited | ₹2.8 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Busysoft Systems Private Limited | ₹2.78 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Soroka Soft (India) Private Limited | ₹2.78 Cr (FY 2019) | 16.0% | Hyderabad, Andhra Pradesh, India |
To see the full peer comparison of Shoptrade Technologies Private Limited, buy the company report.
Auditor
Shoptrade Technologies Private Limited is audited by JAGADEESH HEBBAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGADEESH HEBBAR & CO | FY 2021 | 021634S |
Shareholding
The shareholding of Shoptrade Technologies Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shoptrade Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shoptrade Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shoptrade Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shoptrade Technologies Private Limited has a workforce of 26 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shoptrade Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA1394H1Z8 | Karnataka | Active | 05 Sep 2019 |
To see the full GST registrations and return filing status of Shoptrade Technologies Private Limited, buy the company report.
Recent activity
Shoptrade Technologies Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Deekshith Krishnappa Suvarna ceased to be Additional Director on 06 May 2019.
Frequently asked questions
Shoptrade Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 July 2018 (8+ years old) and is registered under CIN U72900KA2018PTC114897.
Shoptrade Technologies has 2 current directors:
- Deekshith Krishnappa Suvarna - Director
- Mifras Mohammadu Mohammad Meeran - Director
The latest financial statements of Shoptrade 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 FY 2019 are in the company report.
The GSTIN of Shoptrade Technologies is 29AARCA1394H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Shoptrade Technologies is U72900KA2018PTC114897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shoptrade Technologies was incorporated on 19 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shoptrade Technologies by revenue are Softcruise Technologies Private Limited, Busysoft Systems Private Limited, Soroka Soft (India) Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Deekshith Krishnappa Suvarna ceased to be Additional Director on 06 May 2019. Sai Kumar Madineni ceased to be Director on 21 Apr 2019. Deekshith Krishnappa Suvarna was appointed as Director on 12 Apr 2019. Shoptrade Technologies has 4 board changes on record in total.
Yes, Shoptrade Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Shoptrade Technologies can be reached through the website shoptrade.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shoptrade Technologies is at No 508 First Floor 6th Cross 6th Block Koramangala, Bangalore, Karnataka, India – 560095.