MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-24-0002711
Si2 Technologies Private Limited - information technology in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.67 Cr
▲ 8% YoY
Net profit · FY 2025
₹1.54 Cr
Net margin 5.8%
EBITDA · FY 2025
₹2.27 Cr
EBITDA margin 8.5%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
108
Provident fund records
Directors on board
4
As per MCA filings
About Si2 Technologies Private Limited
Data last updated:
Si2 Technologies Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 04 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC112513. Its GSTIN is 24ABDCS3737M1Z2 (Gujarat).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Jatin Chandravadan Joshi and Kalaben Joshi.
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 301 A Block – E Notus Pride IT Park Sarabhai Campus Subhanpura, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.67 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 5.8%) and EBITDA of ₹2.27 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The company has about 108 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Si2tech. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in March 2022. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 4 smaller; the largest is Invidi Technologies India Private Limited with revenue of ₹26.77 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 2 overdue payments to 2 micro and small suppliers.
Si2 Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002711). For more details, the company can be reached via its website si2tech.com.
Company details
CIN U72900GJ2020PTC112513
Registration Number 112513
Incorporation Date 04 February 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-24-0002711
Key People
Jatin Chandravadan Joshi Director Kalaben Joshi Director Nilesh Chandravadan Joshi Director Recognitions & Rankings of Si2 Technologies
Contact details
Si2 Technologies Private Limited's registered office is in Vadodara, Gujarat. Its website is si2tech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 A Block – E Notus Pride IT Park Sarabhai Campus Subhanpura, Vadodara, Gujarat, India – 390023
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Si2 Technologies Private Limited, buy the company report.
Comprehensive company report
Si2 Technologies Private Limited - one report that includes everything
- 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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Brands
Si2 Technologies operates one associated brand: Si2tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Si2tech is recognized as a provider of IT and SAP solutions. | si2tech.com |
Business activity
The main business activity of Si2 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 Si2 Technologies Private Limited, buy the company report.
Financials of Si2 Technologies Private Limited
FY 2025 filings availableSi2 Technologies Private Limited reported revenue of ₹26.67 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹26.67 Cr ▲ 8%
Net profit · FY 2025
₹1.54 Cr margin 5.8%
EBITDA · FY 2025
₹2.27 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 7%
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 8% growth in the latest year. EBITDA fell 7% 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 | ₹2.27 Cr | ||||
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| Net Profit (PAT) | ₹1.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 5.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Si2 Technologies Private Limited, buy the company report.
Board of directors of Si2 Technologies Private Limited
Si2 Technologies has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Chandravadan Joshi | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Kalaben Joshi | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Nilesh Chandravadan Joshi Also directs: Vadict Innovations Private Limited | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Chhaya Nitin Purohit | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Si2 Technologies Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Invidi Technologies India Private Limited | ₹26.77 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Matchpoint Solutions Private Limited | ₹26.76 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Qmetry India Private Limited | ₹26.75 Cr (FY 2024) | 21.0% | Ahmedabad, Gujarat, India | |||
| Offshore A One Technology Private Limited | ₹26.74 Cr (FY 2025) | 1.0% | Mohali, Punjab, India | |||
| Instellars Global Consulting Private Limited | ₹26.74 Cr (FY 2024) | 8.0% | Bangalore, Karnataka, India | |||
| Si2 Technologies Private Limitedthis company | ₹26.67 Cr (FY 2025) | ₹1.54 Cr | 5.8% | 8.0% | 108 | Vadodara, Gujarat, India |
| Pathfinder Enterprise Solutions Private Limited | ₹26.67 Cr (FY 2024) | 132.0% | Chennai, Tamil Nadu, India | |||
| Markscan Digital Ip Private Limited | ₹26.65 Cr (FY 2025) | 790.0% | Noida, Uttar Pradesh, India | |||
| Mobicule Technologies Private Limited | ₹26.62 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Infrrd Private Limited | ₹26.61 Cr (FY 2024) | -23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Si2 Technologies Private Limited, buy the company report.
Auditor
Si2 Technologies Private Limited is audited by Thakkar Patel and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Thakkar Patel and Associates | FY 2023 | 148914W |
Shareholding
The shareholding of Si2 Technologies Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Si2 Technologies Private Limited, buy the company report.
Deals & funding
Si2 Technologies Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in March 2022.
Total deals
2
Funding round
1
Rights issue
1
Disclosed funding
₹99 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹20 Lakh | Investors: an individual |
| Mar 2021 | Funding round | ₹99 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Si2 Technologies Private Limited has 4 court cases on record: 3 filed by Si2 Technologies, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CR A) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Si2 Technologies 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
Si2 Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Informatics Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Si2 Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Si2 Technologies Private Limited has a workforce of 108 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
108
Active EPFO establishments
1
Employee growth
20%
GST
Si2 Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABDCS3737M1Z2 | Gujarat | Active | 22 May 2020 |
To see the full GST registrations and return filing status of Si2 Technologies Private Limited, buy the company report.
Recent activity
Si2 Technologies Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Chhaya Nitin Purohit was appointed as Director on 04 Feb 2020.
AGM
Si2 Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Si2 Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Chhaya Nitin Purohit was appointed as Director.
Appointed
Jatin Chandravadan Joshi was appointed as Director.
Appointed
Kalaben Joshi was appointed as Director.
Appointed
Nilesh Chandravadan Joshi was appointed as Director.
Incorporation
04 Feb 2020
Si2 Technologies Private Limited was registered on 04 Feb 2020 with Roc Ahmedabad & aged 6 years 8 months as per MCA records.
Frequently asked questions
Si2 Technologies is an active private limited company based in Vadodara, Gujarat, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 04 February 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC112513.
Si2 Technologies has 4 current directors:
- Jatin Chandravadan Joshi - Director
- Kalaben Joshi - Director
- Nilesh Chandravadan Joshi - Director
- Chhaya Nitin Purohit - Director
The latest financial statements of Si2 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 2020 are in the company report.
The GSTIN of Si2 Technologies is 24ABDCS3737M1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Si2 Technologies is U72900GJ2020PTC112513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Si2 Technologies has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Si2 Technologies was incorporated on 04 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Si2 Technologies has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in March 2022.
The peers of Si2 Technologies by revenue are Invidi Technologies India Private Limited, Matchpoint Solutions Private Limited, Qmetry India Private Limited, Offshore A One Technology Private Limited, Instellars Global Consulting Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Chhaya Nitin Purohit was appointed as Director on 04 Feb 2020. Jatin Chandravadan Joshi was appointed as Director on 04 Feb 2020. Kalaben Joshi was appointed as Director on 04 Feb 2020. Si2 Technologies has 4 board changes on record in total.
Yes, Si2 Technologies is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0002711).
Si2 Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 04 Feb 2021.