About Sypram Technology Private Limited
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Sypram Technology Private Limited is a private limited company based in Gandhinagar 382 023, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U30008GJ2005PTC047121. Its GSTIN is 24AAJCS4744H2Z7 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Manisha Ghanshyam Naik and Mayurdhvaj Kalidas Limbachiya.
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 13 Viratnagarsector 23 Gandhinagar 382 023, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.8 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹66.99 Lakh (net margin 17.6%) and EBITDA of ₹1.54 Cr (EBITDA margin 40.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 45% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sypram Software.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sypramsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address13 Viratnagarsector 23 Gandhinagar 382 023, Gujarat, India
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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 of Sypram Technology Private Limited
The main business activity of Sypram Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sypram Technology Private Limited FY 2025 filings available
Sypram Technology Private Limited reported revenue of ₹3.8 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sypram Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 51% growth in the latest year. EBITDA rose 92% 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 Sypram Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66.99 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sypram Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.6% | •••• | •••• | •••• | •••• |
| 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 Sypram Technology are in the company report.
Financial statements from 2015
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 Sypram Technology Private Limited
Sypram Technology 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 |
|---|---|---|---|---|---|---|
| Netset Software Private Limited | ₹3.82 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | S.A.S.Nagar (Mohali), Punjab, India |
| Infoshore Software Private Limited | ₹3.81 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
| IT Action Gujarat Private Limited | ₹3.81 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| Canwin Technologies Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Egmore Nungambakkam, Tamil Nadu, India |
| Unikove Technologies Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Delhi, India |
| Sypram Technology Private Limited this company | ₹3.8 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Gandhinagar 382 023, Gujarat, India |
| Ntranga IT Services Private Limited | ₹3.8 Cr (FY 2019) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Max Mobility Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Zedex Info Private Limited | ₹3.8 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Radiant Soft Solutions Private Limited | ₹3.79 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Unistanz Software Private Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sypram Technology 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 Sypram Technology Private Limited
Sypram Technology Private Limited is audited by RAMANI & VASOYA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMANI & VASOYA | 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 Sypram Technology Private Limited
Sypram Technology has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Ghanshyam Naik | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Mayurdhvaj Kalidas Limbachiya | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Priti Vipulbhai Naik | Director | 11 Jan 2014 | 12 Years 8 Months | Current |
| Dhaval S Naik Also directs: Sypram IT Solutions LLP | Director | 04 Feb 2023 | 3 Years 8 Months | Current |
| Ghanshyam Purshotam Naik | Director | 24 Nov 2005 | 20 Years 10 Months | Current |
Ownership and Shareholding of Sypram Technology 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 Sypram Technology Private Limited
Sypram Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Sypram Technology Private Limited
Sypram Technology operates one associated brand: Sypram Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software solutions for retail, restaurant, hospitality, warehouses, and payment processing. | sypramsoftware.com |
Employees and EPFO Compliance at Sypram Technology Private Limited
Sypram Technology Private Limited has a workforce of 25 employees as of Apr 07, 2024.
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 Sypram Technology Private Limited
Sypram Technology Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Dhaval S Naik was appointed as Director on 04 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Sypram Technology 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 Sypram Technology 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 Sypram Technology 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 Sypram Technology Private Limited
Sypram Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS4744H2Z7 | Gujarat | Active | 21 Jan 2020 |
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 Sypram Technology 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 Sypram Technology Private Limited
Sypram Technology is an active private limited company based in Gandhinagar 382 023, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 November 2005 (21+ years old) and is registered under CIN U30008GJ2005PTC047121.
Sypram Technology reported revenue of ₹3.8 Cr for FY 2024 (up 51% YoY).
Sypram Technology has 5 current directors:
- Manisha Ghanshyam Naik - Director
- Mayurdhvaj Kalidas Limbachiya - Director
- Priti Vipulbhai Naik - Director
- Dhaval S Naik - Director
- Ghanshyam Purshotam Naik - Director
Sypram Technology reported a net profit of ₹66.99 Lakh (net margin 17.6%) and EBITDA of ₹1.54 Cr (EBITDA margin 40.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sypram Technology is 73% over three years and 45% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sypram Technology is 24AAJCS4744H2Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sypram Technology is U30008GJ2005PTC047121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sypram Technology was incorporated on 24 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sypram Technology by revenue are Netset Software Private Limited, Infoshore Software Private Limited, IT Action Gujarat Private Limited, Canwin Technologies Private Limited, Unikove Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Dhaval S Naik was appointed as Director on 04 Feb 2023. Manan Vipul Naik ceased to be Director on 31 Dec 2019. Manisha Ghanshyam Naik was appointed as Director on 31 Dec 2019. Sypram Technology has 8 board changes on record in total.
Sypram Technology can be reached through the website sypramsoftware.com. Its registered office is in Gandhinagar 382 023, Gujarat, India.