About Shubhashish IT Services Limited
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Shubhashish IT Services Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 04 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U93000RJ2016PLC054837. Its GSTIN is 08AAXCS0220L1Z0 (Rajasthan).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Shubhashish Reliantekk It Services Limited. It is led by directors including Jaishree Bhandari and Jai Krishan Jajoo.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 12 – 13 Shubhashish Rathore Nagar Queens Road Vaishali Nagar, Jaipur, Rajasthan, India – 302021.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.71 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹46.25 Lakh and EBITDA of -₹3.31 Lakh (EBITDA margin -89.2%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 47% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: SITSL.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitsl.io.
Company details
Contact details
Shubhashish IT Services Limited's registered office is in Jaipur, Rajasthan. Its website is sitsl.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12 – 13 Shubhashish Rathore Nagar Queens Road Vaishali Nagar, Jaipur, Rajasthan, India – 302021
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Shubhashish IT Services 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
Business activity
The main business activity of Shubhashish IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Shubhashish IT Services Limited, buy the company report.
Financials of Shubhashish IT Services Limited
FY 2024 filings availableShubhashish IT Services Limited reported revenue of ₹3.71 Lakh (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 6% fall in the latest year. EBITDA fell 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.31 Lakh | ||||
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| Net Profit (PAT) | -₹46.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -89.2% | ||||
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To see the full financial statements and ratios of Shubhashish IT Services Limited, buy the company report.
Board of directors of Shubhashish IT Services Limited
Shubhashish IT Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaishree Bhandari | Director | 04 May 2016 | 10 Years 5 Months | Current |
| Jai Krishan Jajoo Also directs: JB IT Services LLP, Aretha Facility Management Services LLP, Shubhashish Wealth Management Consultants LLP and 5 more | Director | 04 May 2016 | 10 Years 5 Months | Current |
| Mohit Jajoo Also directs: JB IT Services LLP, Aretha Facility Management Services LLP, Shubhashish Wealth Management Consultants LLP and 5 more | Director | 04 May 2016 | 10 Years 5 Months | Current |
Auditor
Shubhashish IT Services Limited is audited by PARWAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARWAL AND ASSOCIATES | FY 2023 | 002015C |
Shareholding
The shareholding of Shubhashish IT Services 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Shubhashish IT Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shubhashish IT Services 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 Shubhashish IT Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shubhashish IT Services Limited has a workforce of 1 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Shubhashish IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAXCS0220L1Z0 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shubhashish IT Services Limited, buy the company report.
Recent activity
Shubhashish IT Services Limited has 3 board changes on record since 2016: 3 appointments. The latest: Jai Krishan Jajoo was appointed as Director on 04 May 2016.
Frequently asked questions
Shubhashish IT Services is an active public limited company based in Jaipur, Rajasthan, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 04 May 2016 (10+ years old) and is registered under CIN U93000RJ2016PLC054837.
Shubhashish IT Services has 3 current directors:
- Jaishree Bhandari - Director
- Jai Krishan Jajoo - Director
- Mohit Jajoo - Director
The latest financial statements of Shubhashish IT Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Shubhashish IT Services is 08AAXCS0220L1Z0, registered in Rajasthan.
The CIN (Corporate Identification Number) of Shubhashish IT Services is U93000RJ2016PLC054837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubhashish IT Services was incorporated on 04 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
Jai Krishan Jajoo was appointed as Director on 04 May 2016. Jaishree Bhandari was appointed as Director on 04 May 2016. Mohit Jajoo was appointed as Director on 04 May 2016.
Shubhashish IT Services can be reached through the website sitsl.io. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Shubhashish IT Services is at 12 – 13 Shubhashish Rathore Nagar Queens Road Vaishali Nagar, Jaipur, Rajasthan, India – 302021.
Shubhashish IT Services operates in the information technology industry, in the web design and maintenance services segment.