Startup India Government of India
Swytch Web3 Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹99,140
▼ 96% YoY
Net profit · FY 2024
₹5,162
Net margin 5.2%
EBITDA · FY 2024
₹6,980
EBITDA margin 7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Swytch Web3 Technologies Private Limited
Data last updated:
Swytch Web3 Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2022PTC383107. Its GSTIN is 27ABICS5601H1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raj Nitin Shah and Abhayrajsinh Deepaksinh Gohil.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹99,140, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹5,162 (net margin 5.2%) and EBITDA of ₹6,980 (EBITDA margin 7%).
Swytch Web3 Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0210292). For more details, the company can be reached via its website swytch.studio.
Company Details of Swytch Web3 Technologies Private Limited
CIN U72200MH2022PTC383107
Registration Number 383107
Incorporation Date 21 May 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0210292
Recognitions & Rankings of Swytch Web3 Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-18-0210292
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1601 Rajrani Co Op Housing Society Ltd, Cts 463/463/01 T007 Pandit Solicitor Road, Mumbai, Maharashtra, India – 400097
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Swytch Web3 Technologies Private Limited
The main business activity of Swytch Web3 Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Swytch Web3 Technologies Private Limited FY 2025 filings available
Swytch Web3 Technologies Private Limited reported revenue of ₹99,140 (down 96% YoY) for FY 2024.
Revenue · FY 2024
₹99,140 ▼ 96%
Net profit · FY 2024
₹5,162 margin 5.2%
EBITDA · FY 2024
₹6,980 margin 7%
Compounded Annual Growth Rate (CAGR) of Swytch Web3 Technologies Private Limited
Revenue CAGR growth
1 year
▼ 96%
EBITDA CAGR growth
1 year
▼ 72%
Revenue fell 96% in the latest year. EBITDA fell 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Swytch Web3 Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹6,980 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹5,162 | •••• |
| 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 Swytch Web3 Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7% | •••• |
| Net Profit Margin | 5.2% | •••• |
| 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 | •••• | •••• |
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 Swytch Web3 Technologies are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Nitin Shah Also directs: Avalor Investments Private Limited | Director | 21 May 2022 | 4 Years 5 Months | Current |
| Abhayrajsinh Deepaksinh Gohil | Director | 21 May 2022 | 4 Years 5 Months | Current |
Peer Comparison of Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical 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 |
|---|---|---|---|---|---|---|
| Kaizel Industries Private Limited | ₹99,380 (FY 2024) | •••• | •••• | •••• | Buxar, Bihar, India | |
| Kvmlogic Softwares Private Limited | ₹99,286 (FY 2024) | •••• | •••• | 6519.0% | •••• | Mohindergarh, Haryana, India |
| Bitgroovy Technologies India Private Limited | ₹99,272 (FY 2024) | •••• | •••• | 5180.0% | •••• | Bangalore, Karnataka, India |
| Lakkigb Solutions Private Limited | ₹99,250 (FY 2025) | •••• | •••• | -82.0% | •••• | Hyderabad, Telangana, India |
| Westerlime Enterprises Private Limited | ₹99,180 (FY 2023) | •••• | •••• | -35.0% | •••• | Delhi, India |
| Swytch Web3 Technologies Private Limited this company | ₹99,140 (FY 2024) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Mammoth Media Private Limited | ₹99,000 (FY 2025) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| A2 Fitness Solution Private Limited | ₹99,000 (FY 2024) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Akshai Consulting Private Limited | ₹99,000 (FY 2025) | •••• | •••• | -48.0% | •••• | Delhi, India |
| Kosolve Private Limited | ₹99,000 (FY 2020) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Rebert Technologies Private Limited | ₹99,000 (FY 2024) | •••• | •••• | 23.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Swytch Web3 Technologies by revenue in the same principal business activity (Other professional, scientific and technical 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 Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies Private Limited is audited by Raj Mehta & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Raj Mehta & Associates | Locked | Locked | Locked |
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Ownership and Shareholding of Swytch Web3 Technologies Private Limited
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Charges & Borrowings of Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Active EPFO establishments
1
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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 Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Yugen Samir Chokshi ceased to be Additional Director on 25 Oct 2023.
AGM
Swytch Web3 Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swytch Web3 Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Yugen Samir Chokshi ceased to be Additional Director.
Appointed
Abhayrajsinh Deepaksinh Gohil was appointed as Director.
Appointed
Raj Nitin Shah was appointed as Director.
Incorporation
21 May 2022
Swytch Web3 Technologies Private Limited was registered on 21 May 2022 with Roc Mumbai & aged 4 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Swytch Web3 Technologies Private Limited
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MSME Payment Delays by Swytch Web3 Technologies Private Limited
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Subsidiaries & Group Companies of Swytch Web3 Technologies Private Limited
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GST Compliance of Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABICS5601H1ZB | Maharashtra | Active | 21 Jul 2022 |
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MCA Filings & Documents of Swytch Web3 Technologies Private Limited
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Frequently Asked Questions about Swytch Web3 Technologies Private Limited
Swytch Web3 Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 May 2022 (4+ years old) and is registered under CIN U72200MH2022PTC383107.
Swytch Web3 Technologies reported revenue of ₹99,140 for FY 2024 (down 96% YoY).
Swytch Web3 Technologies has 2 current directors:
- Raj Nitin Shah - Director
- Abhayrajsinh Deepaksinh Gohil - Director
Swytch Web3 Technologies reported a net profit of ₹5,162 (net margin 5.2%) and EBITDA of ₹6,980 (EBITDA margin 7%) for FY 2024, as per its filed financial statements.
The GSTIN of Swytch Web3 Technologies is 27ABICS5601H1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swytch Web3 Technologies is U72200MH2022PTC383107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swytch Web3 Technologies was incorporated on 21 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swytch Web3 Technologies by revenue are Kaizel Industries Private Limited, Kvmlogic Softwares Private Limited, Bitgroovy Technologies India Private Limited, Lakkigb Solutions Private Limited, Westerlime Enterprises Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Yugen Samir Chokshi ceased to be Additional Director on 25 Oct 2023. Abhayrajsinh Deepaksinh Gohil was appointed as Director on 21 May 2022. Raj Nitin Shah was appointed as Director on 21 May 2022.
Yes, Swytch Web3 Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Swytch Web3 Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0210292).