MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0058389
Theo Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.58 Cr
▼ 27% YoY
Net loss · FY 2025
₹29.66 Lakh
Net margin -3.5%
EBITDA · FY 2025
₹3.47 Lakh
EBITDA margin 0.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹11 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Theo Solutions Private Limited
Data last updated:
Theo Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2014PTC256907. Its GSTIN is 27AAFCT0787R1ZH (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Geeta Ashok Punjabi and Ashok Fatechand Punjabi.
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 43 Dmonte Street Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.58 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹29.66 Lakh (net margin -3.5%) and EBITDA of ₹3.47 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹11 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2019.
Theo Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0058389). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theogifts.com.
Company details
CIN U52100MH2014PTC256907
Registration Number 256907
Incorporation Date 05 August 2014
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
MSME Classification Small
Udyam Registration UDYAM-MH-18-0058389
Key People
Geeta Ashok Punjabi Director Ashok Fatechand Punjabi Director Pranay Ashok Punjabi Director Recognitions & Rankings of Theo Solutions
Contact details
Theo Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is theogifts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address43 Dmonte Street Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Theo Solutions Private Limited, buy the company report.
Comprehensive company report
Theo Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Theo Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Theo Solutions Private Limited, buy the company report.
Financials of Theo Solutions Private Limited
FY 2025 filings availableTheo Solutions Private Limited reported revenue of ₹8.58 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹8.58 Cr ▼ 27%
Net loss · FY 2025
₹29.66 Lakh margin -3.5%
EBITDA · FY 2025
₹3.47 Lakh margin 0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 45%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 67%
5 years · compounded
▼ 48%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 27% fall in the latest year. EBITDA fell 95% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹3.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.66 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -3.5% | ||||
| 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 Theo Solutions Private Limited, buy the company report.
Board of directors of Theo Solutions Private Limited
Theo Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Ashok Punjabi Also directs: Big Melon Educoncept LLP, Xech Technologies Private Limited | Director | 05 Aug 2014 | 12 Years 2 Months | Current |
| Ashok Fatechand Punjabi Also directs: Xech Technologies Private Limited | Director | 05 Aug 2014 | 12 Years 2 Months | Current |
| Pranay Ashok Punjabi Also directs: Xech Technologies Private Limited | Director | 05 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Theo Solutions Private Limited is audited by MAHESH SHETTY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH SHETTY | FY 2023 | 158501 |
Shareholding
The shareholding of Theo Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Theo Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2017 | 100167544 | Yes Bank Limited | ₹11 Cr | Open |
To see the full charge records of Theo Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Theo Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2019.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Theo Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by The State of Maharashtra | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Municipal Corporation H / West Ward, Mumbai. | Disposed |
To see the full case history of Theo Solutions 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 Theo Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Theo Solutions has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT0787R1ZH | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCT0787R1ZD | Karnataka | Active | 31 May 2021 |
| 36AAFCT0787R1ZI | Telangana | Active | 24 Jul 2021 |
| 07AAFCT0787R1ZJ | Delhi | Active | 22 Oct 2021 |
To see the full GST registrations and return filing status of Theo Solutions Private Limited, buy the company report.
Recent activity
Theo Solutions Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Mahendra Kanayalal Hemdev ceased to be Director on 25 Mar 2019.
AGM
Theo Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Yes Bank Limited of Rs. 1,100.00 Lakh registered on 29 Nov 2017 with Charge ID 100167544 was modified on 28 Jul 2025.
Filing
Theo Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mahendra Kanayalal Hemdev ceased to be Director.
Ceased
Narendra Kanayalal Hemdev ceased to be Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 1,100.00 Lakh with Charge ID 100167544 was registered on 29 Nov 2017.
Appointed
Ashok Fatechand Punjabi was appointed as Director.
Appointed
Geeta Ashok Punjabi was appointed as Director.
Appointed
Pranay Ashok Punjabi was appointed as Director.
Incorporation
05 Aug 2014
Theo Solutions Private Limited was registered on 05 Aug 2014 with Roc Mumbai & aged 12 years 2 months as per MCA records.
Frequently asked questions
Theo Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 August 2014 (12+ years old) and is registered under CIN U52100MH2014PTC256907.
Theo Solutions has 3 current directors:
- Geeta Ashok Punjabi - Director
- Ashok Fatechand Punjabi - Director
- Pranay Ashok Punjabi - Director
The latest financial statements of Theo Solutions 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 Theo Solutions is 27AAFCT0787R1ZH, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAFCT0787R1ZD (Karnataka), 36AAFCT0787R1ZI (Telangana), 07AAFCT0787R1ZJ (Delhi).
The CIN (Corporate Identification Number) of Theo Solutions is U52100MH2014PTC256907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theo Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Theo Solutions was incorporated on 05 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Theo Solutions has 1 deal on record (1 secondary share transfer); the latest was in March 2019.
Mahendra Kanayalal Hemdev ceased to be Director on 25 Mar 2019. Narendra Kanayalal Hemdev ceased to be Director on 25 Mar 2019. Ashok Fatechand Punjabi was appointed as Director on 05 Aug 2014. Theo Solutions has 5 board changes on record in total.
Yes, Theo Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0058389).