About Squareboat Solutions Private Limited
Data last updated:
Squareboat Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72501HR2016PTC064068. Its GSTIN is 06AAXCS0840E1Z9 (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gaurav Gupta and Mahesh Gupta.
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 A – 69 Sushant Lok – 3 Sector – 57, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.46 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹97.11 Lakh (net margin -11.5%) and EBITDA of -₹18.47 Lakh (EBITDA margin -2.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 27% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: SquareBoat and Grid Design Studio. As per MCA filings, the company has open charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website squareboat.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 69 Sushant Lok – 3 Sector – 57, Gurgaon, Haryana, India – 122001
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Squareboat Solutions Private Limited
The main business activity of Squareboat Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Squareboat Solutions Private Limited FY 2025 filings available
Squareboat Solutions Private Limited reported revenue of ₹8.46 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Squareboat Solutions Private Limited
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 153% 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 of Squareboat Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹8.46 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹18.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹97.11 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Squareboat Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Squareboat Solutions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Squareboat Solutions Private Limited
Squareboat Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Instavc Technologies Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Triplelift India Private Limited | •••• | •••• | •••• | •••• | - | Haveli, Maharashtra, India |
| Eto Magnetic India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Microcom Data Centre Private Limited | •••• | •••• | •••• | •••• | 186 | Mumbai, Maharashtra, India |
| Datacom Products (India) Private Limited | •••• | •••• | •••• | •••• | 34 | Mumbai, Maharashtra, India |
| Squareboat Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Rcquick System Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Pro Digital Labs Private Limited | •••• | •••• | •••• | •••• | 20 | Bengaluru, Karnataka, India |
| Directions Media Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Module MD Healthcare Solutions Private Limited | •••• | •••• | •••• | •••• | 71 | Shaikpet, Telangana, India |
| Intelligent Industrial Internet Systems Private Limited | •••• | •••• | •••• | •••• | 28 | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Squareboat Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Squareboat Solutions Private Limited
Squareboat Solutions Private Limited is audited by TSPM & ASSOCIATES LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TSPM & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Squareboat Solutions Private Limited
Squareboat Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Gupta Also directs: GGKS Techsol Private Limited, Cranberry Labs Private Limited | Director | 13 May 2016 | 10 Years 4 Months | Current |
| Mahesh Gupta Also directs: GGKS Techsol Private Limited, Cranberry Labs Private Limited | Director | 13 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Squareboat Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Squareboat Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2021 | Hdfc Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Squareboat Solutions Private Limited
Squareboat Solutions Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 10 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Supersourcing Technologies Private Limited | •••• | •••• | •••• |
| Humancloud Technologies Private Limited | •••• | •••• | •••• |
| Neosoft Private Limited | •••• | •••• | •••• |
| TSPM & Associates LLP | •••• | •••• | •••• |
| Ascorb Technologies Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Squareboat Solutions Private Limited
Squareboat Solutions operates two associated brands: SquareBoat and Grid Design Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web and mobile application development services. | squareboat.com | |
| Design services for user experience enhancement across healthcare, e-commerce, and other industries in India. | griddesign.in |
Employees and EPFO Compliance at Squareboat Solutions Private Limited
Squareboat Solutions Private Limited has a workforce of 54 employees as of Jan 31, 2026.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Squareboat Solutions Private Limited
Recent Activity on Squareboat Solutions Private Limited
Squareboat Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Gaurav Gupta was appointed as Director on 13 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Squareboat Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Squareboat Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Squareboat Solutions Private Limited
Squareboat Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAXCS0840E1Z9 | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Squareboat Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Squareboat Solutions Private Limited
Squareboat Solutions is an active private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U72501HR2016PTC064068.
Squareboat Solutions reported revenue of ₹8.46 Cr for FY 2024 (down 17% YoY).
Squareboat Solutions has 2 current directors:
- Gaurav Gupta - Director
- Mahesh Gupta - Director
Squareboat Solutions reported a net loss of ₹97.11 Lakh (net margin -11.5%) and EBITDA of -₹18.47 Lakh (EBITDA margin -2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Squareboat Solutions is 31% over three years and 27% over five years. In the latest year (FY 2024) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Squareboat Solutions is 06AAXCS0840E1Z9, registered in Haryana.
The CIN (Corporate Identification Number) of Squareboat Solutions is U72501HR2016PTC064068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Squareboat Solutions was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Squareboat Solutions by revenue are Instavc Technologies Private Limited, Triplelift India Private Limited, Eto Magnetic India Private Limited, Microcom Data Centre Private Limited, Datacom Products (India) Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Gaurav Gupta was appointed as Director on 13 May 2016. Mahesh Gupta was appointed as Director on 13 May 2016.
Squareboat Solutions has 3 MSME Form 1 returns on record between 2023 and 2024, listing 10 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Squareboat Solutions can be reached through the website squareboat.com. Its registered office is in Gurgaon, Haryana, India.