About Tech Shastra (India) Private Limited
Data last updated:
Tech Shastra (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 02 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH2000PTC128029. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45.88 Lakh. It is led by directors including Nishith Vaikunth Shah and Shailja Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.75 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹10.61 Lakh (net margin 56.6%) and EBITDA of ₹11.96 Lakh (EBITDA margin 63.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over five years.
As per MCA filings, the company has open charges of ₹2.6 Cr and satisfied charges of ₹5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website techshastra.com.
Company details
Contact details
Tech Shastra (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is techshastra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndiabulls Fiance Centre T 3 Unit 1202 Elphinstone Mills Senapati Bapat Marg Lo, Wer Parel, Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, Software Development & Support Services, Web Design & Maintenance Services
To see the full contact details of Tech Shastra (India) Private Limited, buy the company report.
- 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
Financials of Tech Shastra (India) Private Limited
FY 2024 filings availableTech Shastra (India) Private Limited reported revenue of ₹18.75 Lakh (down 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 87% 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
| 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 | ₹11.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.61 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.8% | ||||
| Net Profit Margin | 56.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Tech Shastra (India) Private Limited, buy the company report.
Board of directors of Tech Shastra (India) Private Limited
Tech Shastra (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishith Vaikunth Shah Also directs: Oceanica Yachts Private Limited, Sportz Ventures Private Limited, Breakfast App Private Limited and 2 more | Director | 02 Aug 2000 | 26 Years 2 Months | Current |
| Shailja Gupta Also directs: Pocket Box Office India Private Limited | Director | 02 Aug 2000 | 26 Years 2 Months | Current |
| Asit Vasant Shah Also directs: Oceanica Yachts Private Limited, The Quopn Company Private Limited, Orasi Media Offshore Private Limited and 3 more | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Tech Shastra (India) Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Software Services, Website Design and Maintenance), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Weblogics Infosystems Private Limited | ₹18.86 Lakh (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Buceit Ventures Private Limited | ₹18.85 Lakh (FY 2024) | 8.0% | Bangalore, Karnataka, India | |||
| Nishank Web Development Private Limited | ₹18.85 Lakh (FY 2017) | 91.0% | Nagpur, Maharashtra, India | |||
| Tech Shastra (India) Private Limitedthis company | ₹18.75 Lakh (FY 2024) | ₹10.61 Lakh | 56.6% | -82.0% | Mumbai, Maharashtra, India | |
| Shinnamagen Technology Private Limited | ₹18.75 Lakh (FY 2022) | Delhi, India | ||||
| Omais Software Services Private Limited | ₹18.74 Lakh (FY 2025) | -67.0% | Hyderabad, Telangana, India | |||
| Flutura Business Solutions Private Limited | ₹18.7 Lakh (FY 2025) | -99.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tech Shastra (India) Private Limited, buy the company report.
Auditor
Tech Shastra (India) Private Limited is audited by RAJEN C SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJEN C SHAH & CO | FY 2019 | 114367W |
Shareholding
The shareholding of Tech Shastra (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tech Shastra (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2005 | 80018104 | Bank of India | ₹2.6 Cr | Open | |
| 31 May 2004 | 90243698 | The Jammu and Kashmir Bank Ltd | ₹5 Lakh | Satisfied |
To see the full charge records of Tech Shastra (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Tech Shastra (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (TM) | Filed against the company by an individual | Disposed |
To see the full case history of Tech Shastra (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tech Shastra (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tech Shastra (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tech Shastra (India) Private Limited, buy the company report.
Recent activity
Tech Shastra (India) Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Asit Vasant Shah was appointed as Director on 16 Aug 2016.
Frequently asked questions
Tech Shastra (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 02 August 2000 (26+ years old) and is registered under CIN U74300MH2000PTC128029.
Tech Shastra (India) has 3 current directors:
- Nishith Vaikunth Shah - Director
- Shailja Gupta - Director
- Asit Vasant Shah - Director
The latest financial statements of Tech Shastra (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Tech Shastra (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Tech Shastra (India) is U74300MH2000PTC128029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Shastra (India) has 1 court case on record: 1 filed against it.
Tech Shastra (India) was incorporated on 02 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tech Shastra (India) by revenue are Weblogics Infosystems Private Limited, Buceit Ventures Private Limited, Nishank Web Development Private Limited, Shinnamagen Technology Private Limited, Omais Software Services Private Limited and 1 more, all in the Information Technology industry (Software Services, Website Design and Maintenance), with the same principal business activity (other information & communication service activities).
Asit Vasant Shah was appointed as Director on 16 Aug 2016. Shailesh Anant Kantak ceased to be Director on 20 Jun 2014. Nishith Vaikunth Shah was appointed as Director on 02 Aug 2000. Tech Shastra (India) has 4 board changes on record in total.
Tech Shastra (India) can be reached through the website techshastra.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tech Shastra (India) is at Indiabulls Fiance Centre T 3 Unit 1202 Elphinstone Mills Senapati Bapat Marg Lo, Wer Parel, Mumbai, Maharashtra, India – 400013.