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Utopiatech Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.37 Cr
▲ 10% YoY
Net profit · FY 2025
₹20.42 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹41.52 Lakh
EBITDA margin 5.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
48
Provident fund records
About Utopiatech Private Limited
Data last updated:
Utopiatech 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 10 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC294766. Its GSTIN is 27AACCU0863G1ZD (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Vijay Ramesh Manani and Ayush Rajendra Prasad Jain.
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 41 Ground Floor V – I Bldg Vijay Condominium A K Road Mehra Inds Comp Andheri E, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.37 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹20.42 Lakh (net margin 2.8%) and EBITDA of ₹41.52 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 43% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UtopiaTech. As per MCA filings, the company has open charges of ₹2.3 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2021. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Moons' Intelligent Motion System India Private Limited with revenue of ₹7.4 Cr.
Utopiatech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0056788). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utopiatech.in.
Company Details of Utopiatech Private Limited
CIN U74999MH2017PTC294766
Registration Number 294766
Incorporation Date 10 May 2017
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
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0056788
Key People
Vijay Ramesh Manani Director Ayush Rajendra Prasad Jain Director Mitesh Ramjibhai Bajaria Director Recognitions & Rankings of Utopiatech
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0056788
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address41 Ground Floor V – I Bldg Vijay Condominium A K Road Mehra Inds Comp Andheri E, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services, Electronic Components & Equipment Manufacturing
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Associated Brands with Utopiatech Private Limited
Utopiatech operates one associated brand: UtopiaTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT and cloud-enabled energy management software solutions are provided. | utopiatech.in |
Business Activity of Utopiatech Private Limited
The main business activity of Utopiatech 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Utopiatech Private Limited FY 2025 filings available
Utopiatech Private Limited reported revenue of ₹7.37 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹7.37 Cr ▲ 10%
Net profit · FY 2025
₹20.42 Lakh margin 2.8%
EBITDA · FY 2025
₹41.52 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR) of Utopiatech Private Limited
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 21%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 18%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 10% growth in the latest year. EBITDA fell 62% 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 Utopiatech Private Limited
| 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 | ₹41.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.42 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 of Utopiatech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Utopiatech are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Utopiatech Private Limited
Utopiatech has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Ramesh Manani | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Ayush Rajendra Prasad Jain | Director | 10 May 2017 | 9 Years 5 Months | Current |
| Mitesh Ramjibhai Bajaria | Director | 10 May 2017 | 9 Years 5 Months | Current |
| Shashank Nitinkumar Shah | Director | 10 May 2017 | 9 Years 5 Months | Current |
Peer Comparison of Utopiatech Private Limited
Utopiatech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moons' Intelligent Motion System India Private Limited | ₹7.4 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Autosys Products and Services Private Limited | ₹7.39 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Constems-Ai Systems Private Limited | ₹7.39 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, India |
| Waarta Connections Private Limited | ₹7.38 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Bhopal, Madhya Pradesh, India |
| Perfect Ergonomics Private Limited | ₹7.38 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Patna, Bihar, India |
| Utopiatech Private Limited this company | ₹7.37 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Microtone Products Private Limited | ₹7.36 Cr (FY 2016) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Datalog Technologies Private Limited | ₹7.36 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Coimbatore, Tamil Nadu, India |
| Prabhat Technologies (India) Limited Listed | ₹7.35 Cr (FY 2024) | •••• | •••• | 174.0% | •••• | Mumbai, Maharashtra, India |
| Zeblaze Solutions LLP | ₹7.34 Cr (FY 2021) | •••• | •••• | 60.0% | •••• | Bangalore, Karnataka, India |
| Vibronics Private Limited | ₹7.34 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Utopiatech by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), 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 Utopiatech Private Limited
Utopiatech Private Limited is audited by Dipesh Parmar and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dipesh Parmar and Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Utopiatech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Utopiatech Private Limited
Open charges
₹2.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2023 | Others | ₹2.3 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Utopiatech Private Limited
Utopiatech Private Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2021.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
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Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Utopiatech Private Limited
Utopiatech Private Limited has a workforce of 48 employees as of Apr 09, 2024.
Employee count
48
Active EPFO establishments
1
Employee growth
33.33%
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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 Utopiatech Private Limited
Utopiatech Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Vijay Ramesh Manani was appointed as Director on 01 Apr 2021.
Charges
A charge with Others of Rs. 230.00 Lakh registered on 28 Jul 2023 with Charge ID 100763817 was modified on 31 Jan 2026.
AGM
Utopiatech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Utopiatech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 230.00 Lakh with Charge ID 100763817 was registered on 28 Jul 2023.
Appointed
Vijay Ramesh Manani was appointed as Director.
Appointed
Ayush Rajendra Prasad Jain was appointed as Director.
Appointed
Mitesh Ramjibhai Bajaria was appointed as Director.
Appointed
Shashank Nitinkumar Shah was appointed as Director.
Incorporation
10 May 2017
Utopiatech Private Limited was registered on 10 May 2017 with Roc Mumbai I & aged 9 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Utopiatech Private Limited
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MSME Payment Delays by Utopiatech Private Limited
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Subsidiaries & Group Companies of Utopiatech Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Utopiatech Private Limited
Utopiatech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCU0863G1ZD | Maharashtra | Active | 21 Jul 2017 |
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MCA Filings & Documents of Utopiatech Private Limited
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Frequently Asked Questions about Utopiatech Private Limited
Utopiatech 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 10 May 2017 (9+ years old) and is registered under CIN U74999MH2017PTC294766.
Utopiatech reported revenue of ₹7.37 Cr for FY 2025 (up 10% YoY).
Utopiatech has 4 current directors:
- Vijay Ramesh Manani - Director
- Ayush Rajendra Prasad Jain - Director
- Mitesh Ramjibhai Bajaria - Director
- Shashank Nitinkumar Shah - Director
Utopiatech reported a net profit of ₹20.42 Lakh (net margin 2.8%) and EBITDA of ₹41.52 Lakh (EBITDA margin 5.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Utopiatech is 21% over three years and 43% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Utopiatech is 27AACCU0863G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Utopiatech is U74999MH2017PTC294766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utopiatech was incorporated on 10 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Utopiatech has 3 deals on record (3 secondary share transfers); the latest was in April 2021.
The peers of Utopiatech by revenue are Moons' Intelligent Motion System India Private Limited, Autosys Products and Services Private Limited, Constems-Ai Systems Private Limited, Waarta Connections Private Limited, Perfect Ergonomics Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Vijay Ramesh Manani was appointed as Director on 01 Apr 2021. Ayush Rajendra Prasad Jain was appointed as Director on 10 May 2017. Mitesh Ramjibhai Bajaria was appointed as Director on 10 May 2017. Utopiatech has 4 board changes on record in total.