About Squarenet IT Solutions Private Limited
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Squarenet IT Solutions Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 10 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2017PTC046227. Its GSTIN is 03AAYCS3087N1ZI (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shafiur Rahman and Shehnaz Khan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at SCO 1004 Tdi City Sector 110 – 111, Mohali, Punjab, India – 140307.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.28 Lakh, a growth of 98% compared to the previous year. For the same year it recorded a net loss of ₹3,739 (net margin -1.6%) and EBITDA of -₹3,739 (EBITDA margin -1.6%).
The company is associated with 1 brand: SquareNet.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website squarenetsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSCO 1004 Tdi City Sector 110 – 111, Mohali, Punjab, India – 140307
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Squarenet IT Solutions Private Limited
The main business activity of Squarenet IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Squarenet IT Solutions Private Limited FY 2019 filings available
Squarenet IT Solutions Private Limited reported revenue of ₹2.28 Lakh (up 98% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Squarenet IT Solutions Private Limited
Revenue rose 98% in the latest year. EBITDA fell 310% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Squarenet IT Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.28 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹3,739 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3,739 | •••• | •••• |
| 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 Squarenet IT Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.6% | •••• | •••• |
| Net Profit Margin | -1.6% | •••• | •••• |
| 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 Squarenet IT 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 Squarenet IT Solutions Private Limited
Squarenet IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Appsolve Technologies Private Limited | ₹2.28 Lakh (FY 2017) | •••• | •••• | -75.0% | •••• | Kolkata, West Bengal, India |
| Suji Enterprise Private Limited | ₹2.28 Lakh (FY 2019) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Submittech Solutions Private Limited | ₹2.28 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Wallop IT Solutions Private Limited | ₹2.28 Lakh (FY 2024) | •••• | •••• | 1056.0% | •••• | Fatehpuri, Delhi, India |
| Techzag Solutions Private Limited | ₹2.28 Lakh (FY 2024) | •••• | •••• | -62.0% | •••• | Pampady, Kerala, India |
| Squarenet IT Solutions Private Limited this company | ₹2.28 Lakh (FY 2019) | •••• | •••• | 98.0% | •••• | Mohali, Punjab, India |
| Capps Infosolutions Private Limited | ₹2.28 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Sara Mannat Technologies Private Limited | ₹2.27 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Westwing Solutions Private Limited | ₹2.27 Lakh (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Musa Softtech Private Limited | ₹2.27 Lakh (FY 2024) | •••• | •••• | 110.0% | •••• | New Delhi, Delhi, India |
| Kanzru Innovations Private Limited | ₹2.27 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Mandi, Himachal Pradesh, India |
Peers are the five companies nearest above and the five nearest below Squarenet IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Squarenet IT Solutions Private Limited
Squarenet IT Solutions Private Limited is audited by SSM AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSM AND ASSOCIATES | 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 Squarenet IT Solutions Private Limited
Squarenet IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shafiur Rahman Also directs: Squarenet India Private Limited, Herbegy Private Limited | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
| Shehnaz Khan Also directs: Squarenet India Private Limited | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Squarenet IT 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 Squarenet IT Solutions Private Limited
Squarenet IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Squarenet IT Solutions Private Limited
Squarenet IT Solutions operates one associated brand: SquareNet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web hosting, domains, VPS, and dedicated servers for online businesses. | squarenetsolutions.com |
Employees and EPFO Compliance at Squarenet IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Squarenet IT Solutions.
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.
Recent Activity on Squarenet IT Solutions Private Limited
Squarenet IT Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Shafiur Rahman was appointed as Director on 10 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Squarenet IT 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.
MSME Payment Delays by Squarenet IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Squarenet IT 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 Squarenet IT Solutions Private Limited
Squarenet IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAYCS3087N1ZI | Punjab | Active | 01 Jan 2018 |
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 Squarenet IT 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 Squarenet IT Solutions Private Limited
Squarenet IT Solutions is an active private limited company based in Mohali, Punjab, India. The company works in consultancy, within the information technology industry. It was incorporated on 10 March 2017 (9+ years old) and is registered under CIN U72900PB2017PTC046227.
Squarenet IT Solutions reported revenue of ₹2.28 Lakh for FY 2019 (up 98% YoY).
Squarenet IT Solutions has 2 current directors:
- Shafiur Rahman - Director
- Shehnaz Khan - Director
Squarenet IT Solutions reported a net loss of ₹3,739 (net margin -1.6%) and EBITDA of -₹3,739 (EBITDA margin -1.6%) for FY 2019, as per its filed financial statements.
The GSTIN of Squarenet IT Solutions is 03AAYCS3087N1ZI, registered in Punjab.
The CIN (Corporate Identification Number) of Squarenet IT Solutions is U72900PB2017PTC046227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Squarenet IT Solutions was incorporated on 10 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Squarenet IT Solutions by revenue are Appsolve Technologies Private Limited, Suji Enterprise Private Limited, Submittech Solutions Private Limited, Wallop IT Solutions Private Limited, Techzag Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Shafiur Rahman was appointed as Director on 10 Mar 2017. Shehnaz Khan was appointed as Director on 10 Mar 2017.
Yes, Squarenet IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Squarenet IT Solutions can be reached through the website squarenetsolutions.com. Its registered office is in Mohali, Punjab, India.