MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0041537
Squirrel Softech Services Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.14 Cr
▲ 38% YoY
Net profit · FY 2024
₹22.6 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹44.03 Lakh
EBITDA margin 3.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
53
Provident fund records
About Squirrel Softech Services Private Limited
Data last updated:
Squirrel Softech Services 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 04 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2011PTC066184. Its GSTIN is 24AAQCS1110C1ZX (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Mohan Nagpal and Neeta Mohanlal Nagpal.
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 2024, the company reported a revenue of ₹12.14 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹22.6 Lakh (net margin 1.9%) and EBITDA of ₹44.03 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 12% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Squirrel Softech Services. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 25 cases involving the company, including 25 filed by the company; 13 cases are pending.
Squirrel Softech Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0041537). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website squirrelsoftech.com.
Company details
CIN U72200GJ2011PTC066184
Registration Number 066184
Incorporation Date 04 July 2011
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-01-0041537
Key People
Arun Mohan Nagpal Director Neeta Mohanlal Nagpal Director Mohan Sakhawatrai Nagpal Director Recognitions & Rankings of Squirrel Softech Services
Contact details
Squirrel Softech Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is squirrelsoftech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1005/6 Sidhivinayak Tower Nr. Kataria Automobiles Off. S.G.Road, Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Squirrel Softech Services Private Limited, buy the company report.
Comprehensive company report
Squirrel Softech Services 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
Squirrel Softech Services operates one associated brand: Squirrel Softech Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides SAP implementation, data analytics, and resource augmentation for IT companies. | squirrelsoftech.com |
Business activity
The main business activity of Squirrel Softech Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Squirrel Softech Services Private Limited, buy the company report.
Financials of Squirrel Softech Services Private Limited
FY 2024 filings availableSquirrel Softech Services Private Limited reported revenue of ₹12.14 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹12.14 Cr ▲ 38%
Net profit · FY 2024
₹22.6 Lakh margin 1.9%
EBITDA · FY 2024
₹44.03 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 24%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 38% growth in the latest year. EBITDA rose 20% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹44.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.6 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 3.6% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Squirrel Softech Services Private Limited, buy the company report.
Board of directors of Squirrel Softech Services Private Limited
Squirrel Softech Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Mohan Nagpal | Director | 26 Jun 2012 | 14 Years 4 Months | Current |
| Neeta Mohanlal Nagpal Also directs: Lithe Technologies Private Limited | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
| Mohan Sakhawatrai Nagpal | Director | 04 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Squirrel Softech Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uchit Holdings Private Limited | ₹12.15 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Adler Robotics Private Limited | ₹12.15 Cr (FY 2025) | 481.0% | Gurugram, Haryana, India | |||
| Dai Research & Advisory Services Private Limited | ₹12.15 Cr (FY 2024) | 170.0% | Kolkata, West Bengal, India | |||
| Guest Tek India Private Limited | ₹12.14 Cr (FY 2024) | 23.0% | Navi Mumbai, Maharashtra, India | |||
| Squirrel Softech Services Private Limitedthis company | ₹12.14 Cr (FY 2024) | ₹22.6 Lakh | 1.9% | 38.0% | 53 | Ahmedabad, Gujarat, India |
| Od Communications Private Limited | ₹12.13 Cr (FY 2025) | 78.0% | Gurgaon, Haryana, India | |||
| Raashi Systems and Solutions Private Limited | ₹12.13 Cr (FY 2024) | 288.0% | Pune, Maharashtra, India | |||
| 7Span Internet Private Limited | ₹12.11 Cr (FY 2024) | 16.0% | Ahmedabad, Gujarat, India | |||
| Crescent Innovation and Incubation Council | ₹12.11 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| Ripik Technology Private Limited | ₹12.11 Cr (FY 2024) | 171.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Squirrel Softech Services Private Limited, buy the company report.
Auditor
Squirrel Softech Services Private Limited is audited by N.K ASWANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.K ASWANI & CO. | FY 2023 | 033278 |
Shareholding
The shareholding of Squirrel Softech Services 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 Squirrel Softech Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2024 | 100929290 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Squirrel Softech Services Private Limited has 25 court cases on record: 25 filed by Squirrel Softech Services. 13 cases are pending and 12 are disposed.
Total cases
25
Filed by the company
25
Pending
13
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 0 | 13 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Squirrel Softech Services 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 Squirrel Softech Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Squirrel Softech Services Private Limited has a workforce of 53 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
35.9%
GST
Squirrel Softech Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCS1110C1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Squirrel Softech Services Private Limited, buy the company report.
Recent activity
Squirrel Softech Services Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Hirenkumar Mansukhlal Bhimani ceased to be Director on 01 Mar 2016.
AGM
Squirrel Softech Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100929290 was registered on 28 May 2024.
Filing
Squirrel Softech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Hirenkumar Mansukhlal Bhimani ceased to be Director.
Ceased
Arun Mohan Nagpal ceased to be Additional Director.
Ceased
Neeta Mohanlal Nagpal ceased to be Additional Director.
Ceased
Hardav Shashin Surti ceased to be Director.
Appointed
Neeta Mohanlal Nagpal was appointed as Director.
Appointed
Arun Mohan Nagpal was appointed as Director.
Appointed
Mohan Sakhawatrai Nagpal was appointed as Director.
Incorporation
04 Jul 2011
Squirrel Softech Services Private Limited was registered on 04 Jul 2011 with Roc Ahmedabad & aged 15 years 3 months as per MCA records.
Frequently asked questions
Squirrel Softech Services 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 04 July 2011 (15+ years old) and is registered under CIN U72200GJ2011PTC066184.
Squirrel Softech Services has 3 current directors:
- Arun Mohan Nagpal - Director
- Neeta Mohanlal Nagpal - Director
- Mohan Sakhawatrai Nagpal - Director
The latest financial statements of Squirrel Softech Services 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 Squirrel Softech Services is 24AAQCS1110C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Squirrel Softech Services is U72200GJ2011PTC066184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Squirrel Softech Services has 25 court cases on record: 25 filed by the company. 13 are pending.
Squirrel Softech Services was incorporated on 04 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Squirrel Softech Services by revenue are Uchit Holdings Private Limited, Adler Robotics Private Limited, Dai Research & Advisory Services Private Limited, Guest Tek India Private Limited, Od Communications Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Hirenkumar Mansukhlal Bhimani ceased to be Director on 01 Mar 2016. Arun Mohan Nagpal ceased to be Additional Director on 30 Sep 2013. Neeta Mohanlal Nagpal ceased to be Additional Director on 30 Sep 2013. Squirrel Softech Services has 7 board changes on record in total.
Yes, Squirrel Softech Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0041537).
Squirrel Softech Services can be reached through the website squirrelsoftech.com. Its registered office is in Ahmedabad, Gujarat, India.
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