Success Innovative Technologies Private Limited

Success Innovative Technologies Private Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2016PTC094061 Incorporated 13 October 2016 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹19.73 Lakh
▲ 18% YoY
Net profit · FY 2022
₹38,835
Net margin 2%
EBITDA · FY 2022
₹1.22 Lakh
EBITDA margin 6.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Success Innovative Technologies Private Limited

Data last updated:

Success Innovative Technologies Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 13 October 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC094061. Its GSTIN is 24AAXCS6855P1Z5 (Gujarat).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kirtiben Khimjibhai Bathwar and Shubham Singh.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 425 Sant Tukaram Society Part – 6 Palanpur Jakatnaka, Surat, Gujarat, India – 395009.

As per the financials filed for FY 2022, the company reported a revenue of ₹19.73 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹38,835 (net margin 2%) and EBITDA of ₹1.22 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 64% over five years.

The company is associated with 2 brands: Success Innovative Technologies and Biztrackon. Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website successinnovativetechnologiespvtltd.com.

Company Details of Success Innovative Technologies Private Limited
CIN U72900GJ2016PTC094061
Registration Number 094061
Incorporation Date 13 October 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    B – 425 Sant Tukaram Society Part – 6 Palanpur Jakatnaka, Surat, Gujarat, India – 395009
  • Industry
    Information Technology, Web Design & Maintenance Services
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Financials, compliance, directors, charges, ownership and filings for Success Innovative Technologies Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Success Innovative Technologies Private Limited

The main business activity of Success Innovative Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Financials of Success Innovative Technologies Private Limited FY 2022 filings available

Success Innovative Technologies Private Limited reported revenue of ₹19.73 Lakh (up 18% YoY) for FY 2022.

Revenue · FY 2022
₹19.73 Lakh ▲ 18%
Net profit · FY 2022
₹38,835 margin 2%
EBITDA · FY 2022
₹1.22 Lakh margin 6.2%

Compounded Annual Growth Rate (CAGR) of Success Innovative Technologies Private Limited

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 51%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 30%
5 years · compounded
▲ 39%

Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 18% growth in the latest year. EBITDA rose 53% 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 Success Innovative Technologies Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹19.73 Lakh••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.22 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹38,835••••••••••••••••
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 Success Innovative Technologies Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin6.2%••••••••••••••••
Net Profit Margin2%••••••••••••••••
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 Success Innovative Technologies are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

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Peer Comparison of Success Innovative Technologies Private Limited

Success Innovative Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Brandfell Technologies Private Limited₹19.81 Lakh (FY 2023)••••••••106.0%••••Kariyil, Trivandrum, Kerala, India
Itarsia India Limited₹19.77 Lakh (FY 2025)••••••••39.0%••••Thane, Maharashtra, India
Vantage Netservices Private Limited₹19.76 Lakh (FY 2020)••••••••30.0%••••Lucknow, Uttar Pradesh, India
Wecodefuture Private Limited₹19.75 Lakh (FY 2024)••••••••2.0%••••Lucknow, Uttar Pradesh, India
Vaikhari Digital Private Limited₹19.74 Lakh (FY 2023)••••••••••••Hyderabad, Telangana, India
Success Innovative Technologies Private Limited this company₹19.73 Lakh (FY 2022)••••••••18.0%••••Surat, Gujarat, India
Gyl Digital Solution Private Limited₹19.7 Lakh (FY 2025)••••••••1173.0%••••Pune, Maharashtra, India
Instalane Internet Private Limited₹19.67 Lakh (FY 2025)••••••••-67.0%••••Bengaluru, Karnataka, India
Trappist Websites (OPC) Private Limited₹19.63 Lakh (FY 2025)••••••••-57.0%••••Chennai, Tamil Nadu, India
Speed Techno Labs Private Limited₹19.58 Lakh (FY 2024)••••••••29.0%••••Chandigarh, India
Edge Infoways Private Limited₹19.56 Lakh (FY 2025)••••••••2.0%••••Amritsar, Punjab, India

Peers are the five companies nearest above and the five nearest below Success Innovative Technologies by revenue in the Information Technology industry (Website Design and Maintenance), 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 Success Innovative Technologies Private Limited

Success Innovative Technologies Private Limited is audited by ANUBHAV JAIN & ASSOCIATES for the financial year 2022.

NameStatusAppointment DateCessation Date
ANUBHAV JAIN & ASSOCIATESLockedLockedLocked
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Board of Directors of Success Innovative Technologies Private Limited

Success Innovative Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kirtiben Khimjibhai BathwarDirector13 Oct 20169 Years 11 MonthsCurrent
Shubham SinghDirector13 Oct 20169 Years 11 MonthsCurrent

Ownership and Shareholding of Success Innovative Technologies Private Limited

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Charges & Borrowings of Success Innovative Technologies Private Limited

Success Innovative Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Success Innovative Technologies Private Limited

Success Innovative Technologies operates two associated brands: Success Innovative Technologies and Biztrackon. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive ERP, website design, and application development services.successinnovativetechnologiespvtltd.com
Offers a platform for digital business cards designed for enterprises.biztrackon.com

Employees and EPFO Compliance at Success Innovative Technologies Private Limited

Employment history and EPFO contributions of people linked to Success Innovative Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Success Innovative Technologies Private Limited

Success Innovative Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kirtiben Khimjibhai Bathwar was appointed as Director on 13 Oct 2016.

AGM
Success Innovative Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Success Innovative Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Appointed
Kirtiben Khimjibhai Bathwar was appointed as Director.
Appointed
Shubham Singh was appointed as Director.
Incorporation
13 Oct 2016
Success Innovative Technologies Private Limited was registered on 13 Oct 2016 with Roc Ahmedabad & aged 9 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Success Innovative Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Success Innovative Technologies Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Success Innovative Technologies Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Success Innovative Technologies Private Limited

Success Innovative Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAXCS6855P1Z5GujaratActive27 May 2022
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Success Innovative Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Success Innovative Technologies Private Limited

Success Innovative Technologies is an active private limited company based in Surat, Gujarat, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 13 October 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC094061.

Success Innovative Technologies reported revenue of ₹19.73 Lakh for FY 2022 (up 18% YoY).

Success Innovative Technologies has 2 current directors:

Success Innovative Technologies reported a net profit of ₹38,835 (net margin 2%) and EBITDA of ₹1.22 Lakh (EBITDA margin 6.2%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Success Innovative Technologies is 51% over three years and 64% over five years. In the latest year (FY 2022) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Success Innovative Technologies is 24AAXCS6855P1Z5, registered in Gujarat.

The CIN (Corporate Identification Number) of Success Innovative Technologies is U72900GJ2016PTC094061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Success Innovative Technologies has 1 court case on record: 1 filed by the company.

Success Innovative Technologies was incorporated on 13 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Success Innovative Technologies by revenue are Brandfell Technologies Private Limited, Itarsia India Limited, Vantage Netservices Private Limited, Wecodefuture Private Limited, Vaikhari Digital Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).

Kirtiben Khimjibhai Bathwar was appointed as Director on 13 Oct 2016. Shubham Singh was appointed as Director on 13 Oct 2016.

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