Surfboard India Private Limited

Surfboard India Private Limited - information technology in Vasai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH1948PTC006154 Incorporated 26 January 1948 ROC Mumbai HQ Vasai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹7.68 Cr
▲ 3% YoY
Net profit · FY 2025
₹39.89 Lakh
Net margin 5.2%
EBITDA · FY 2025
₹1.83 Cr
EBITDA margin 23.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1.98 Lakh
Issued & subscribed
Open charges
₹7.8 Lakh
Secured borrowings
Company age
78 yrs
Est. 1948
Employees · EPFO
5
Provident fund records

About Surfboard India Private Limited

Data last updated:

Surfboard India Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 26 January 1948 and has been in existence for over 78 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1948PTC006154. Its GSTIN is 27AAACP7667H1Z2 (Maharashtra).

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.98 Lakh. It was formerly known as Shirali Real Estate Private Limited and Shirali Ventures Private Limited. It is led by directors including Nishant Hemendrabhai Patel and Bharat Dashrath Kokku.

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 S. No. 2 Hissa No. 4/3/1 And 4/1 Opp. Masjid, Vasai Palghar Vasai – Virar City (M Corp), Maharashtra, India – 401305.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.68 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹39.89 Lakh (net margin 5.2%) and EBITDA of ₹1.83 Cr (EBITDA margin 23.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 22% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.8 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74110MH1948PTC006154
Registration Number 006154
Incorporation Date 26 January 1948
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Surfboard India has undergone 14 name changes throughout its history. The current legal name is Surfboard India Private Limited.

Company NameStatus
Surfboard India Private LimitedCurrent
Shirali Real Estate Private LimitedPrevious
Shirali Ventures Private LimitedPrevious
Shirali Properties Private LimitedPrevious
Ptm Private LimitedPrevious
N27 Private LimitedPrevious
Patel Tiles And Marbles Private LimitedPrevious
Patel Tiles And Marbles LimitedPrevious
Shirali Patel Holdings Private LimitedPrevious
27N Private LimitedPrevious
Ptm India Private LimitedPrevious
Ahinau Private LimitedPrevious
Shirali Patel Private LimitedPrevious
Surfboard Ventures Private LimitedPrevious

CIN history

Surfboard India has one previous CIN (Corporate Identification Number): U26900MH1948PTC006154. The current CIN is U74110MH1948PTC006154, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH1948PTC006154Current
U26900MH1948PTC006154Previous

Contact details

Surfboard India Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S. No. 2 Hissa No. 4/3/1 And 4/1 Opp. Masjid, Vasai Palghar Vasai – Virar City (M Corp), Maharashtra, India – 401305
  • Industry
    Information Technology, Web Design & Maintenance Services

To see the full contact details of Surfboard India Private Limited, buy the company report.

Comprehensive company report
Surfboard India 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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Business activity

The main business activity of Surfboard India is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Surfboard India Private Limited, buy the company report.

Financials of Surfboard India Private Limited

FY 2025 filings available

Surfboard India Private Limited reported revenue of ₹7.68 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹7.68 Cr ▲ 3%
Net profit · FY 2025
₹39.89 Lakh margin 5.2%
EBITDA · FY 2025
₹1.83 Cr margin 23.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 4%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 21%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 3% growth in the latest year. EBITDA fell 21% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.83 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.89 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.9%
Net Profit Margin5.2%
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

To see the full financial statements and ratios of Surfboard India Private Limited, buy the company report.

Board of directors of Surfboard India Private Limited

Surfboard India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishant Hemendrabhai PatelDirector14 Aug 200719 Years 2 MonthsCurrent
Bharat Dashrath KokkuDirector11 Dec 201510 Years 10 MonthsCurrent
Abhay Mukundrai PanchamiaAdditional Director26 Jul 20251 Years 2 MonthsCurrent

Auditor

Surfboard India Private Limited is audited by MEHTA CHOKSHI & SHAH for the financial year 2022.

Auditor firmFinancial yearFirm registration number
MEHTA CHOKSHI & SHAHFY 2022106201W

Shareholding

The shareholding of Surfboard India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Surfboard India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.8 Lakh
Satisfied charges
None
Breakdown by lending institutions
Dena Bank₹0.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Oct 199490228845Dena Bank₹30,000Open
21 Mar 198390227657Dena Bank₹6 LakhOpen
01 Mar 197890227470Dena Bank₹1 LakhOpen
07 Jan 197690227398Dena Bank₹50,000Open

To see the full charge records of Surfboard India Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Surfboard India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Surfboard India Private Limited has a workforce of 5 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
-66.67%

GST

Surfboard India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACP7667H1Z2MaharashtraActive04 Jul 2018

To see the full GST registrations and return filing status of Surfboard India Private Limited, buy the company report.

Recent activity

Surfboard India Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Abhay Mukundrai Panchamia was appointed as Additional Director on 26 Jul 2025.

AGM
Surfboard India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Abhay Mukundrai Panchamia was appointed as Additional Director.
Filing
Surfboard India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Praful Shantilal Patel ceased to be Director.
Ceased
Hemendrabhai Shantilal Patel ceased to be Director.
Ceased
Nilesh Jashwantlal Patel ceased to be Director.
Appointed
Bharat Dashrath Kokku was appointed as Director.
Appointed
Nishant Hemendrabhai Patel was appointed as Director.
Ceased
Rushit Prafulchandra Patel ceased to be Director.
Charges
A charge with Dena Bank amounted to Rs. 0.30 Lakh with Charge ID 90228845 was registered on 24 Oct 1994.
Charges
A charge with Dena Bank of Rs. 6.00 Lakh registered on 21 Mar 1983 with Charge ID 90227657 was modified on 27 Jul 1984.
Charges
A charge with Dena Bank amounted to Rs. 6.00 Lakh with Charge ID 90227657 was registered on 21 Mar 1983.

3 earlier events are in the company report.

Frequently asked questions

Surfboard India is an active private limited company based in Vasai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 26 January 1948 (78+ years old) and is registered under CIN U74110MH1948PTC006154.

Surfboard India has 3 current directors:

The latest financial statements of Surfboard India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Surfboard India is 27AAACP7667H1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Surfboard India is U74110MH1948PTC006154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Surfboard India was incorporated on 26 January 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.

Abhay Mukundrai Panchamia was appointed as Additional Director on 26 Jul 2025. Praful Shantilal Patel ceased to be Director on 14 May 2017. Hemendrabhai Shantilal Patel ceased to be Director on 14 Mar 2016. Surfboard India has 7 board changes on record in total.

The registered office of Surfboard India is at S. No. 2 Hissa No. 431 And 41 Opp. Masjid, Vasai Palghar Vasai – Virar City M Corp, Maharashtra, India – 401305.

Surfboard India operates in the information technology industry, in the web design and maintenance services segment.

Surfboard India has open charges of ₹7.8 Lakh and no satisfied charges on record as per latest MCA filings.