Shresth Tech Solutions Limited
About Shresth Tech Solutions Limited
Data last updated:
Shresth Tech Solutions Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 October 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH1988PLC049138.
The company had an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹41.07 Lakh. It was led by directors including Ajay Gunvant Karia and Deepak Dahyabhai Patel.
Its last annual general meeting (AGM) was held on 30 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.62 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Lakh (net margin 63%) and EBITDA of ₹1.01 Lakh (EBITDA margin 62.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 33% over five years.
CIN History of Shresth Tech Solutions Limited
Shresth Tech Solutions has one previous CIN (Corporate Identification Number): U67120MH1988PLC049138. The current CIN is U72900MH1988PLC049138, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH1988PLC049138 | Current |
| U67120MH1988PLC049138 | Previous |
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- Registered AddressB – 2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park Lower Parel (W, ), Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, IT Consulting & Support Services
- 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
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Financials of Shresth Tech Solutions Limited FY 2023 filings available
Shresth Tech Solutions Limited reported revenue of ₹1.62 Lakh (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shresth Tech Solutions Limited
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 33%. EBITDA rose 405% 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 Shresth Tech Solutions Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 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 Shresth Tech Solutions Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 63% | •••• | •••• | •••• | •••• |
| 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 Shresth Tech Solutions are in the company report.
Financial statements from 2015
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 Shresth Tech Solutions Limited
Shresth Tech Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gunvant Karia Also directs: Nirmal Bang Financial Services Private Limited | Director | 04 Aug 2021 | 5 Years 2 Months | As last reported |
| Deepak Dahyabhai Patel Also directs: Nirmal Bang Commodities Private Limited | Director | 15 Jan 2001 | 25 Years 9 Months | As last reported |
| Bhadresh Arvindlal Desai | Director | 26 Aug 2013 | 13 Years 1 Months | As last reported |
Peer Comparison of Shresth Tech Solutions Limited
Shresth Tech Solutions Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wih Private Limited | ₹1.64 Lakh (FY 2022) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Ocimum Bio Solutions (India) Limited | ₹1.63 Lakh (FY 2025) | •••• | •••• | 353.0% | •••• | Hyderabad, Telangana, India |
| Teemteem Private Limited | ₹1.63 Lakh (FY 2024) | •••• | •••• | 82.0% | •••• | Chittorgarh, Rajasthan, India |
| Mahabali Innovative Technologies Private Limited | ₹1.62 Lakh (FY 2022) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Kams Compsoft Private Limited | ₹1.62 Lakh (FY 2025) | •••• | •••• | 32301.0% | •••• | Mumbai, Maharashtra, India |
| Shresth Tech Solutions Limited this company | ₹1.62 Lakh (FY 2023) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Chathurv Technologies Private Limited | ₹1.62 Lakh (FY 2023) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Evolvescape (India) Pvt Ltd | ₹1.61 Lakh (FY 2020) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Marwadi Techtonics Private Limited | ₹1.61 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Rajkot, Gujarat, India |
| Speak Support Private Limited | ₹1.61 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
| Redolence Technologies Private Limited | ₹1.61 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Bilaspur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Shresth Tech Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shresth Tech Solutions Limited
Shresth Tech Solutions Limited is audited by KOSHAL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOSHAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Shresth Tech Solutions Limited
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 Shresth Tech Solutions Limited
Shresth Tech Solutions Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Shresth Tech Solutions Limited
Employment history and EPFO contributions of people linked to Shresth Tech Solutions.
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 Shresth Tech Solutions Limited
Shresth Tech Solutions Limited has 7 board changes on record since 2001: 3 appointments and 4 cessations. The latest: Ajay Gunvant Karia ceased to be Additional Director on 27 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Shresth Tech Solutions Limited
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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shresth Tech Solutions Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shresth Tech Solutions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shresth Tech Solutions Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shresth Tech Solutions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shresth Tech Solutions Limited
Shresth Tech Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Shresth Tech Solutions was a public limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 10 October 1988 and is registered under CIN U72900MH1988PLC049138. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shresth Tech Solutions was incorporated on 10 October 1988. It is registered with the Registrar of Companies, Mumbai.
Shresth Tech Solutions had 3 directors:
- Ajay Gunvant Karia - Director
- Deepak Dahyabhai Patel - Director
- Bhadresh Arvindlal Desai - Director
The CIN (Corporate Identification Number) of Shresth Tech Solutions is U72900MH1988PLC049138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shresth Tech Solutions is at B – 2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park Lower Parel W, , Mumbai, Maharashtra, India – 400013.
Shresth Tech Solutions reported revenue of ₹1.62 Lakh for FY 2023 (up 14% YoY).
Shresth Tech Solutions has an authorised share capital of ₹5.05 Cr and a paid-up capital of ₹41.07 Lakh.
Shresth Tech Solutions reported a net profit of ₹1.02 Lakh (net margin 63%) and EBITDA of ₹1.01 Lakh (EBITDA margin 62.3%) for FY 2023, as per its filed financial statements.
Shresth Tech Solutions operated in the information technology industry, in the IT consulting and support services segment.
The compounded annual growth rate (CAGR) of the revenue of Shresth Tech Solutions is -4% over three years and -33% over five years. In the latest year (FY 2023) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.