About Susthitsoft Technologies Private Limited
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Susthitsoft Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73200PN2018PTC176792. Its GSTIN is 27ABACS3607B1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavik Bharat Shah and Karishma Bhavik Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 5 Building A2 Om Sadabahar Complex Wanowrie, Pune, Maharashtra, India – 411040.
The company is associated with 2 brands: AppKaro and EzyBaaS.
For more details, the company can be reached via its website appkaro.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No. 5 Building A2 Om Sadabahar Complex Wanowrie, Pune, Maharashtra, India – 411040
- 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
Financials of Susthitsoft Technologies Private Limited FY 2023 filings available
Susthitsoft Technologies Private Limited reported revenue of ₹1,900 for FY 2023.
Compounded Annual Growth Rate (CAGR) of Susthitsoft Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 86% over three years. 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 Susthitsoft Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Susthitsoft Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Susthitsoft Technologies are in the company report.
Financial statements from FY 2019
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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asclepius Consulting & Technologies Private Limited | ₹2,100 (FY 2024) | •••• | •••• | -100.0% | •••• | Hyderabad, Telangana, India |
| S.N. Informatics Private Limited | ₹2,022 (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Demandtec Software Private Limited | ₹2,000 (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Perdix Business Solutions Private Limited | ₹2,000 (FY 2023) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Vergo India Private Limited | ₹1,980 (FY 2024) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Susthitsoft Technologies Private Limited this company | ₹1,900 (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Intrigo Systems India Private Limited | ₹1,865 (FY 2022) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Tungnath Information Technology Private Limited | ₹1,855 (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Fizzy Softwares Private Limited | ₹1,834 (FY 2025) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| Xperience India Private Limited | ₹1,830 (FY 2025) | •••• | •••• | -100.0% | •••• | Bhopal, Madhya Pradesh, India |
| Segmind Solutions Private Limited | ₹1,800 (FY 2024) | •••• | •••• | -100.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Susthitsoft Technologies by revenue in the Information Technology industry (Application Development), 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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies Private Limited is audited by RONAK H JAIN AND ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RONAK H JAIN 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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Bharat Shah | Director | 23 May 2018 | 8 Years 4 Months | Current |
| Karishma Bhavik Shah | Director | 23 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Susthitsoft Technologies 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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Susthitsoft Technologies Private Limited
Susthitsoft Technologies operates two associated brands: AppKaro and EzyBaaS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based solutions for converting websites into mobile applications. | appkaro.com | |
| Delivers cloud-based solutions for API transformation and integration. | ezybaas.com |
Employees and EPFO Compliance at Susthitsoft Technologies Private Limited
Employment history and EPFO contributions of people linked to Susthitsoft Technologies.
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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bhavik Bharat Shah was appointed as Director on 23 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Susthitsoft Technologies 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 Susthitsoft Technologies 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 Susthitsoft Technologies 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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS3607B1ZT | Maharashtra | Active | 10 Jul 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 Susthitsoft Technologies 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 Susthitsoft Technologies Private Limited
Susthitsoft Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 May 2018 (8+ years old) and is registered under CIN U73200PN2018PTC176792.
Susthitsoft Technologies has 2 current directors:
- Bhavik Bharat Shah - Director
- Karishma Bhavik Shah - Director
The GSTIN of Susthitsoft Technologies is 27ABACS3607B1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Susthitsoft Technologies is U73200PN2018PTC176792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Susthitsoft Technologies was incorporated on 23 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Susthitsoft Technologies by revenue are Asclepius Consulting & Technologies Private Limited, S.N. Informatics Private Limited, Demandtec Software Private Limited, Perdix Business Solutions Private Limited, Vergo India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Bhavik Bharat Shah was appointed as Director on 23 May 2018. Karishma Bhavik Shah was appointed as Director on 23 May 2018.
Yes, Susthitsoft Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Susthitsoft Technologies can be reached through the website appkaro.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Susthitsoft Technologies is at Flat No. 5 Building A2 Om Sadabahar Complex Wanowrie, Pune, Maharashtra, India – 411040.
Susthitsoft Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.