About Smartgear Technologies Private Limited
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Smartgear Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC279955. Its GSTIN is 27AAWCS9677G1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sweta Vasudeo Baheti and Vikas Manohar Bafna.
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 Unit No. 75 2nd Floor Ratna Jyot Industries Irla Lane Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.44 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹96,957 (net margin -8.5%) and EBITDA of -₹7.87 Lakh (EBITDA margin -68.8%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartgear.co.in.
Company details
Contact details
Smartgear Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is smartgear.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 75 2nd Floor Ratna Jyot Industries Irla Lane Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Smartgear 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
Financials of Smartgear Technologies Private Limited
FY 2025 filings availableSmartgear Technologies Private Limited reported revenue of ₹11.44 Lakh (up 1153% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹11.44 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹7.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹96,957 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -68.8% | ||||
| Net Profit Margin | -8.5% | ||||
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To see the full financial statements and ratios of Smartgear Technologies Private Limited, buy the company report.
Board of directors of Smartgear Technologies Private Limited
Smartgear Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sweta Vasudeo Baheti Also directs: Myvybe Technologies Private Limited | Director | 17 Aug 2018 | 8 Years 2 Months | Current |
| Neetu Vikas Bafna | Additional Director | 11 Feb 2025 | 1 Years 8 Months | Current |
| Vikas Manohar Bafna Also directs: Source Well Fashions LLP, Tribal Zone Fashions LLP, Tribal Zone Fashion Accessories Private Limited and 1 more | Director | 13 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Smartgear Technologies Private Limited is audited by G.A. Bhogale & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.A. Bhogale & Associates | FY 2023 | 146590W |
Shareholding
The shareholding of Smartgear Technologies Private 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smartgear Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Smartgear 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 Smartgear Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Smartgear Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAWCS9677G1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartgear Technologies Private Limited, buy the company report.
Recent activity
Smartgear Technologies Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Neetu Vikas Bafna was appointed as Additional Director on 11 Feb 2025.
Frequently asked questions
Smartgear Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 April 2016 (10+ years old) and is registered under CIN U74999MH2016PTC279955.
Smartgear Technologies has 3 current directors:
- Sweta Vasudeo Baheti - Director
- Neetu Vikas Bafna - Additional Director
- Vikas Manohar Bafna - Director
The latest financial statements of Smartgear 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 2017 are in the company report.
The GSTIN of Smartgear Technologies is 27AAWCS9677G1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smartgear Technologies is U74999MH2016PTC279955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartgear Technologies was incorporated on 13 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Neetu Vikas Bafna was appointed as Additional Director on 11 Feb 2025. Sweta Vasudeo Baheti ceased to be Additional Director on 25 Sep 2018. Sandeep Singh ceased to be Director on 17 Aug 2018. Smartgear Technologies has 6 board changes on record in total.
Smartgear Technologies can be reached through the website smartgear.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Smartgear Technologies is at Unit No. 75 2nd Floor Ratna Jyot Industries Irla Lane Vile Parle West, Mumbai, Maharashtra, India – 400056.
Smartgear Technologies operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.