MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0010161
Sourcepro Infotech Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.07 Cr
▲ 26% YoY
Net profit · FY 2024
₹11.81 Lakh
Net margin 1.7%
EBITDA · FY 2024
₹1.33 Cr
EBITDA margin 18.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹56.99 Lakh
Issued & subscribed
Open charges
₹18.53 Lakh
Satisfied ₹97.77 Lakh
Company age
34 yrs
Est. 1992
Employees · EPFO
48
Provident fund records
About Sourcepro Infotech Private Limited
Data last updated:
Sourcepro Infotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 16 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1992PTC017819. Its GSTIN is 24AAFCS5773A1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹56.99 Lakh. It is led by directors including Dipalee Desai Ameet and Rajesh Shanalal Shah.
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 602 6th Floor Times Square Arcade Thaltej Shilaj Main Road Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.07 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹11.81 Lakh (net margin 1.7%) and EBITDA of ₹1.33 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SourcePro. As per MCA filings, the company has open charges of ₹18.53 Lakh and satisfied charges of ₹97.77 Lakh on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 4 cases are pending. The company has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹1.2 Cr; the latest was in August 2020. Its 4 peer companies in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 1 smaller; the largest is Opsveda Asia Private Limited with revenue of ₹7.32 Cr.
Sourcepro Infotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0010161). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sourcepro.co.in.
Company details
CIN U72200GJ1992PTC017819
Registration Number 017819
Incorporation Date 16 June 1992
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 Small
Udyam Registration UDYAM-GJ-01-0010161
Key People
Dipalee Desai Ameet Director Ameetkumar Hiranyakumar Desai Additional Director Rajesh Shanalal Shah Director Recognitions & Rankings of Sourcepro Infotech
Contact details
Sourcepro Infotech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sourcepro.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address602 6th Floor Times Square Arcade Thaltej Shilaj Main Road Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Sourcepro Infotech Private Limited, buy the company report.
Comprehensive company report
Sourcepro Infotech 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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Secure checkout · GST invoice included
Brands
Sourcepro Infotech operates one associated brand: SourcePro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ERP software solutions for SMEs across multiple industries are offered. | sourcepro.co.in |
Business activity
The main business activity of Sourcepro Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities and other information & communication service activities. 2 activity segments are registered with the MCA.
| 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 | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Sourcepro Infotech Private Limited, buy the company report.
Financials of Sourcepro Infotech Private Limited
FY 2024 filings availableSourcepro Infotech Private Limited reported revenue of ₹7.07 Cr (up 26% YoY) for FY 2024.
Revenue · FY 2024
₹7.07 Cr ▲ 26%
Net profit · FY 2024
₹11.81 Lakh margin 1.7%
EBITDA · FY 2024
₹1.33 Cr margin 18.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 36%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 19%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 26% growth in the latest year. EBITDA rose 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.33 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹11.81 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sourcepro Infotech Private Limited, buy the company report.
Board of directors of Sourcepro Infotech Private Limited
Sourcepro Infotech has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipalee Desai Ameet Also directs: Anubhuti Advisors LLP, Momentum Tradecorp LLP | Director | 07 Aug 2018 | 8 Years 2 Months | Current |
| Ameetkumar Hiranyakumar Desai | Additional Director | 07 Jun 2024 | 2 Years 4 Months | Current |
| Rajesh Shanalal Shah | Director | 16 Jun 1992 | 34 Years 4 Months | Current |
Peer comparison
Sourcepro Infotech Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Enterprise Resource Planning), with 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 |
|---|---|---|---|---|---|---|
| Opsveda Asia Private Limited | ₹7.32 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Kagami (India) Private Limited | ₹7.3 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Tekroi Private Limited | ₹7.15 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Sourcepro Infotech Private Limitedthis company | ₹7.07 Cr (FY 2024) | ₹11.81 Lakh | 1.7% | 26.0% | 48 | Ahmedabad, Gujarat, India |
| South Nests Software Solutions Private Limited | ₹6.53 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sourcepro Infotech Private Limited, buy the company report.
Auditor
Sourcepro Infotech Private Limited is audited by Jaykumar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jaykumar & Associates | FY 2023 | 128822W |
Shareholding
The shareholding of Sourcepro Infotech 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 Sourcepro Infotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.53 Lakh
Satisfied charges
₹97.77 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2022 | 100650855 | Hdfc Bank Limited | ₹18.53 Lakh | Open | |
| 10 Nov 2005 | 80007854 | Bank of Baroda | ₹75 Lakh | Satisfied | |
| 07 Mar 1996 | 90109398 | The Vishnagar Nagrik Shakari Bank Ltd. | ₹10 Lakh | Satisfied | |
| 23 Feb 1996 | 90109391 | The Vishnagar Nagrik Shakari Bank Ltd. | ₹10 Lakh | Satisfied | |
| 11 Aug 1994 | 90111245 | The Visnagar Nagarik Sahakari Bank | ₹2.77 Lakh | Satisfied |
To see the full charge records of Sourcepro Infotech Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sourcepro Infotech Private Limited has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹1.2 Cr; the latest was in August 2020.
Total deals
6
Rights issues
2
Secondary share transfers
2
Acquisition
1
Funding round
1
Disclosed funding
₹1.2 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Funding round | ₹1.2 Cr | Investors: Positive Moves (India) Private Limited, an individual |
| Jul 2019 | Rights issue | ₹31.4 Lakh | Investors: 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Mamata Group Corporate Services Private Limited , 3 individuals |
| Sep 2018 | Rights issue | ₹60 Lakh | Investors: 3 individuals |
| Aug 2018 | Acquisition | ₹15 Lakh | Buyer: an individual |
To see the full deal history of Sourcepro Infotech 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
Sourcepro Infotech Private Limited has 6 court cases on record: 5 filed by Sourcepro Infotech, 1 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Jagdamba Trailers Private Limited Through Its Dierctors Rupesh Agrawal Amit Agrawal | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Lineomatic India Pvt Ltd Through Director Uday Chhabildas Patel | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Lineomatic India Pvt.Ltd. Through Its Managing Director Uday Patel | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against Almac Laser Private Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Almac Laser Private Ltd. and 2 others | Disposed |
To see the full case history of Sourcepro Infotech 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
No delayed payments to MSME suppliers are on our record for Sourcepro Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sourcepro Infotech Private Limited has a workforce of 48 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
20%
GST
Sourcepro Infotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCS5773A1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sourcepro Infotech Private Limited, buy the company report.
Recent activity
Sourcepro Infotech Private Limited has 9 board changes on record since 1992: 3 appointments and 6 cessations. The latest: Ameetkumar Hiranyakumar Desai was appointed as Additional Director on 07 Jun 2024.
AGM
Sourcepro Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Ameetkumar Hiranyakumar Desai was appointed as Additional Director.
Ceased
Unmesh Madhuvadan Mehta ceased to be Managing Director.
Filing
Sourcepro Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100650855 was registered on 19 Nov 2022.
Charges
A charge registered on 10 Nov 2005 via Charge ID 80007854 with Bank Of Baroda was fully satisfied on 05 Sep 2018.
Ceased
Dipalee Desai Ameet ceased to be Additional Director.
Appointed
Dipalee Desai Ameet was appointed as Director.
Ceased
Chandrakant Baldevbhai Patel ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 0.75 Cr registered on 10 Nov 2005 with Charge ID 80007854 was modified on 19 Dec 2015.
Ceased
Raghavan Vadakkuppattu Kidambi ceased to be Director.
Ceased
Mahendra Narsinhbhai Patel ceased to be Director.
10 earlier events are in the company report.
Frequently asked questions
Sourcepro Infotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 16 June 1992 (34+ years old) and is registered under CIN U72200GJ1992PTC017819.
Sourcepro Infotech has 3 current directors:
- Dipalee Desai Ameet - Director
- Ameetkumar Hiranyakumar Desai - Additional Director
- Rajesh Shanalal Shah - Director
The latest financial statements of Sourcepro Infotech 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 Sourcepro Infotech is 24AAFCS5773A1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Sourcepro Infotech is U72200GJ1992PTC017819. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcepro Infotech has 6 court cases on record: 5 filed by the company and 1 filed against it. 4 are pending.
Sourcepro Infotech was incorporated on 16 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sourcepro Infotech has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹1.2 Cr; the latest was in August 2020.
The peers of Sourcepro Infotech by revenue are Opsveda Asia Private Limited, Kagami (India) Private Limited, Tekroi Private Limited, South Nests Software Solutions Private Limited, all in the Information Technology industry (Enterprise Resource Planning), with the same principal business activity (computer programming, consultancy and related activities).
Ameetkumar Hiranyakumar Desai was appointed as Additional Director on 07 Jun 2024. Unmesh Madhuvadan Mehta ceased to be Managing Director on 01 Apr 2024. Dipalee Desai Ameet ceased to be Additional Director on 03 Sep 2018. Sourcepro Infotech has 9 board changes on record in total.
Yes, Sourcepro Infotech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0010161).