MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0027937
Simform Solutions Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹176.73 Cr
▲ 2% YoY
Net profit · FY 2025
₹4.45 Cr
Net margin 2.5%
EBITDA · FY 2025
₹4.95 Cr
EBITDA margin 2.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.07 Lakh
Issued & subscribed
Satisfied charges
₹3.84 Cr
No open charges
Company age
38 yrs
Est. 1988
Employees · EPFO
44
Provident fund records
About Simform Solutions Private Limited
Data last updated:
Simform Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ1988PTC011352. Its GSTIN is 24AAACH8931Q1Z4 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.07 Lakh. It was formerly known as Helis Power Pvt Ltd and Helis Power Private Limited. It is led by directors including Laxit Maganbhai Lakkad and Mansukhlal Thobhanbhai Kasundra.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.73 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.45 Cr (net margin 2.5%) and EBITDA of ₹4.95 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 50% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Simform. As per MCA filings, the company has satisfied charges of ₹3.84 Cr on record. The company has 8 deals on record (8 secondary share transfers); the latest was in August 2020.
Simform Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0027937). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simform.com.
Company details
CIN U72900GJ1988PTC011352
Registration Number 011352
Incorporation Date 11 October 1988
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0027937
Name history
Simform Solutions has undergone 2 name changes throughout its history. The company was previously known as Helis Power Pvt Ltd, and Helis Power Private Limited. The current legal name is Simform Solutions Private Limited.
| Company Name | Status |
|---|---|
| Simform Solutions Private Limited | Current |
| Helis Power Pvt Ltd | Previous |
| Helis Power Private Limited | Previous |
CIN history
Simform Solutions has one previous CIN (Corporate Identification Number): U17119GJ1988PTC011352. The current CIN is U72900GJ1988PTC011352, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900GJ1988PTC011352 | Current |
| U17119GJ1988PTC011352 | Previous |
Key People
Laxit Maganbhai Lakkad Director Mansukhlal Thobhanbhai Kasundra Director Hiren Rameshbhai Dhaduk Director Recognitions & Rankings of Simform Solutions
Contact details
Simform Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is simform.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice 601 To 611 Binori B – Square – 2 Opp. Hathising Ni Vadi Ambali – Iskon Ro, Ad, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Simform Solutions Private Limited, buy the company report.
Comprehensive company report
Simform Solutions 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
Simform Solutions operates one associated brand: Simform. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Simform is recognized as a product engineering company specializing in AI/ML and data solutions. | simform.com |
Business activity
The main business activity of Simform Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Simform Solutions Private Limited, buy the company report.
Financials of Simform Solutions Private Limited
FY 2024 filings availableSimform Solutions Private Limited reported revenue of ₹176.73 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹176.73 Cr ▲ 2%
Net profit · FY 2025
₹4.45 Cr margin 2.5%
EBITDA · FY 2025
₹4.95 Cr margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 18%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▼ 30%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 2% growth in the latest year. EBITDA rose 115% 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 | ₹4.95 Cr | ||||
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| Net Profit (PAT) | ₹4.45 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 | 2.8% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Simform Solutions Private Limited, buy the company report.
Board of directors of Simform Solutions Private Limited
Simform Solutions has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxit Maganbhai Lakkad | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Mansukhlal Thobhanbhai Kasundra | Director | 01 Nov 2006 | 19 Years 11 Months | Current |
| Hiren Rameshbhai Dhaduk Also directs: Simform Software Private Limited | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
| Prayaag Mansukhbhai Kasundra | Director | 02 May 2011 | 15 Years 5 Months | Current |
| Hardikkumar Sunilbhai Shah Also directs: Simform Software LLP, Simform Software Private Limited | Director | 26 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Simform Solutions Private Limited is audited by K A R M A & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A R M A & CO. LLP | FY 2023 | 127544W/W100376 |
Shareholding
The shareholding of Simform Solutions Private Limited is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Simform Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2018 | 100211825 | Others | ₹3.84 Cr | Satisfied |
To see the full charge records of Simform Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Simform Solutions Private Limited has 8 deals on record (8 secondary share transfers); the latest was in August 2020.
Total deals
8
Secondary share transfers
8
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Simform Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Simform Solutions 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 Simform Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Simform Solutions Private Limited has a workforce of 44 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
4.76%
GST
Simform Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH8931Q1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Simform Solutions Private Limited, buy the company report.
Recent activity
Simform Solutions Private Limited has 12 board changes on record since 2006: 5 appointments and 7 cessations. The latest: Maitrik Virabhai Kataria ceased to be Director on 16 Jan 2025.
Ceased
Maitrik Virabhai Kataria ceased to be Director.
AGM
Simform Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Laxit Maganbhai Lakkad ceased to be Additional Director.
Appointed
Laxit Maganbhai Lakkad was appointed as Director.
Filing
Simform Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Hiralben Maitrik Kataria ceased to be Director.
Charges
A charge registered on 12 Oct 2018 via Charge ID 100211825 with Others was fully satisfied on 02 Aug 2022.
Charges
A charge with Others of Rs. 383.50 Lakh registered on 12 Oct 2018 with Charge ID 100211825 was modified on 20 Feb 2020.
Ceased
Hiren Rameshbhai Dhaduk ceased to be Additional Director.
Appointed
Hiren Rameshbhai Dhaduk was appointed as Director.
Charges
A charge with Others amounted to Rs. 383.50 Lakh with Charge ID 100211825 was registered on 12 Oct 2018.
Appointed
Hardikkumar Sunilbhai Shah was appointed as Director.
6 earlier events are in the company report.
News
Frequently asked questions
Simform Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 October 1988 (38+ years old) and is registered under CIN U72900GJ1988PTC011352.
Simform Solutions has 5 current directors:
- Laxit Maganbhai Lakkad - Director
- Mansukhlal Thobhanbhai Kasundra - Director
- Hiren Rameshbhai Dhaduk - Director
- Prayaag Mansukhbhai Kasundra - Director
- Hardikkumar Sunilbhai Shah - Director
The latest financial statements of Simform Solutions 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 2015 are in the company report.
The GSTIN of Simform Solutions is 24AAACH8931Q1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Simform Solutions is U72900GJ1988PTC011352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simform Solutions was incorporated on 11 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Simform Solutions has 8 deals on record (8 secondary share transfers); the latest was in August 2020.
Maitrik Virabhai Kataria ceased to be Director on 16 Jan 2025. Laxit Maganbhai Lakkad ceased to be Additional Director on 29 Sep 2024. Laxit Maganbhai Lakkad was appointed as Director on 01 May 2024. Simform Solutions has 12 board changes on record in total.
Yes, Simform Solutions is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0027937).
Simform Solutions can be reached through the website simform.com. Its registered office is in Ahmedabad, Gujarat, India.