GUPSHUP TECHNOLOGY INDIA PRIVATE LIMITED

Detailed Report

14 May, 2024
 GUPSHUP TECHNOLOGY INDIA PRIVATE LIMITED

Chapter 1 Overview 4
1.1 Vitals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.2 Contact Details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.3 Latest Filings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.4 Old Names Of This Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.5 Old Cins Of This Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.6 Industry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.7 Kyc Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.8 Financial Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.9 Auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.10 Financials Available . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.11 Score And Risk Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Chapter 2 Directors And Kmp 8

2.1 Current Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
2.2 Current Kmp Other Than Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
2.3 Other Directorships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
2.4 Previous Directors / Kmp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Chapter 3 Financials 10
3.1 Financial Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
3.2 Standalone Balance Sheet (Ind-As) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
3.3 Standalone Profit And Loss (Ind-As) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
3.4 Standalone Important Ratios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Chapter 4 Charges On Assets 15

4.1 Charges On Assets - All . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
4.2 Charges On Assets - Bank Wise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Chapter 5 Terms And Conditions 16

5.1 Copyright . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
5.2 Note On Tofler Score . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
5.3 Disclaimer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

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 GUPSHUP TECHNOLOGY INDIA PRIVATE LIMITED

OVERVIEW
14 May, 2024

VITALS

GUPSHUP TECHNOLOGY INDIA PRIVATE LIMITED is an unlisted private company incorporated on 05 January,
2005. Its registered office is at UNIT NO.1, 1ST FLOOR, SILVER METROPOLIS, WESTERN EXPRESS
HIGHWAY, GOREGAON (EAST), MUMBAI, Mumbai City, Maharashtra - 400063 and paid-up capital is INR 5.53 cr.
Its last reported annual general meeting, per our records, was held on 30 November, 2023. The company has 2
directors and key management personnel.
Description: The company operates an omni-channel messaging platform. It provides sms, voice, email,
unstructured supplementary service data, and IP messaging services.
Services: Building Bots, Omni - channel bot building, Mobile CRM, Mobile Messenger, Cloud Messaging, Smart
Messaging, SMS, and Cloud messaging

Status Active Authorised share capital 6.00 cr

CIN U72100MH2005PTC150425 Paid up share capital 5.53 cr

Incorporation Date 05 January, 2005 Sum of existing charges 433.00 cr

Category Company limited by Shares Last reported AGM date 30 November, 2023

Sub-category Non-govt company Listing status Unlisted

CONTACT DETAILS

Registered Address
Email Address nileshs@gupshup.io
UNIT NO.1, 1ST FLOOR, SILVER
Website Not available METROPOLIS, WESTERN EXPRESS
Telephone 02261968011 HIGHWAY, GOREGAON (EAST) MUMBAI
Mumbai City Maharashtra - 400063

LATEST FILINGS

Latest Annual Return 31 March, 2023

Latest Balance Sheet 31 March, 2023
Latest Profit & Loss 31 March, 2023

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 GUPSHUP TECHNOLOGY INDIA PRIVATE LIMITED

OLD NAMES OF THIS COMPANY

WEBAROO TECHNOLOGY INDIA PRIVATE LIMITED

OLD CINS OF THIS COMPANY

No previous cins were found for this company.

INDUSTRY

Computer Related Services

KYC INFORMATION as on 01 April, 2016

Company PAN AAACW5722A No. of Employees 101 - 250

FINANCIAL HIGHLIGHTS Figures in INR as on 31 March, 2023

Revenues 1,623.79 cr EBITDA 90.45 cr

Profit After Tax 47.35 cr Networth 287.27 cr

AUDITORS as on 14 May, 2024

Auditor Type Signatory Name Year

B S R AND CO. LLP Auditor Firm KAUSHAL S MEHTA 31 March, 2023

FINANCIALS AVAILABLE

PARTICULARS FILED ON
Financial Statements 30 Nov, 2023
Financial Statements 31 Dec, 2022
Financial Statements 31 Dec, 2021
Financial Statements 30 Dec, 2020

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Financial Statements 30 Sep, 2019

Financial Statements 30 Sep, 2018
Financial Statements 30 Sep, 2017
Financial Statements 30 Sep, 2016
Financial Statements 30 Sep, 2015

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SCORE AND RISK ANALYSIS as on 05 Mar, 2024

Tofler Score for GUPSHUP TECHNOLOGY INDIA PRIVATE LIMITED

Tofler Score
factors:
Sustainability

Governance

Growth

RISKS
Severe Risks Not identified

Medium Receivables deteriorating Payables deteriorating Low cash balance Cash deteriorating
Risks
Low Risks Low inventory Net margin deteriorating

* Please see note on Tofler score at the end of the report.

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DIRECTORS AND KMP

14 May, 2024

CURRENT DIRECTORS as on 13 May, 2024

Director's name Date of appointment Designation

AMIT SHRIVASTAV 25 November, 2015 Director / Professional
NILESH SHIVAJI SONAWANE 01 February, 2016 Director / Professional

CURRENT KMP OTHER THAN

as on 13 May, 2024
DIRECTORS

No key management personnel found.

OTHER DIRECTORSHIPS as on 13 May, 2024

Director's name Company name Designation Date of appointment

AMIT SHRIVASTAV STAYMATRIX PRIVATE Director 20 April, 2013
LIMITED
NILESH SHIVAJI KNOWLARITY Director 15 March, 2022
SONAWANE COMMUNICATIONS
INDIA PRIVATE LIMITED

PREVIOUS DIRECTORS / KMP as on 13 May, 2024

Director's name Date of Date of cessation Last designation Reason for leaving
appointment
BRADLEY HUSICK Not available 29 Sep 2006 Director Resignation
BEERUD SHETH Not available 29 Sep 2006 Director Resignation
PRERAK HORA Not available 29 Sep 2006 Director Resignation
KINNARI BHATIA Not available 29 Sep 2006 Director Resignation
CHIRAG JAIN 05 Dec 2007 15 Jul 2012 Director Resignation u/s 168
VISWANATH Not available 30 Sep 2013 Director Resignation u/s 168
RAMACHANDRAN
BEERUD DILIP SHETH 12 Feb 2009 15 Feb 2016 Director Resignation u/s 168
AMIT SAHAI MATHUR 22 Jun 2010 15 Feb 2016 Director Resignation u/s 168

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RAKESH MATHUR Not available 11 Oct 2018 Director Vacation of office u/s
167

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FINANCIALS
14 May, 2024

FINANCIAL HIGHLIGHTS Figures in INR Lacs (rounded)

Particulars 31 March 2023 31 March 2022 31 March 2021 31 March 2020 31 March 2019
Operating Revenue 161,852.00 113,195.00 73,873.84 56,847.18 51,473.57
EBITDA 9,045.00 6,260.00 7,946.82 5,530.89 5,346.29
Profit/Loss After Tax 4,735.00 3,376.00 4,849.79 2,977.33 4,616.76
Net Profit/Loss Margin 2.92% 2.96% 6.50% 5.20% 8.93%
Networth 28,726.70 25,309.70 21,120.52 16,167.81 13,145.99
ROE 16.48% 13.34% 22.96% 18.42% 35.12%
Days Receivable 176.00 144.00 129.00 108.00 98.00
Days Payable 126.00 104.00 96.00 74.00 -
Current Ratio 1.17 1.41 1.79 1.38 1.50
Debt to Equity Ratio 1.11 0.50 0.24 0.28 0.18

STANDALONE BALANCE SHEET

Figures in INR Lacs (rounded)
(IND-AS)

Particulars 31 March, 2023 31 March, 2022 31 March, 2021

EQUITY AND LIABILITIES
Equity Share Capital 553 553 553
Other Equity 28,174 24,757 20,568
Non-Current Liabilities
Financial Liabilities
Borrowings - - -
Trade Payables - - -
Other Financial 1,113 1,646 430
Liabilities
Provisions 2,451 1,437 794
Deferred Tax Liabilities - - -
Other Liabilities - - -
Current Liabilities
Financial Liabilities
Borrowings 23,531 7,879 3,623

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Trade Payables 45,843 27,669 16,769

Other Financial 5,040 1,368 406
Liabilities
Provisions 318 114 160
Current Tax Liabilities - - -
Other Liabilities 2,073 1,702 709
Liabilities Associated With - - -
Assets In Disposal Group
Regulatory Deferral - - -
Account Credit Balances
Total Equity and 109,096 67,125 44,012
Liabilities
ASSETS
Non-Current Assets
Property, Plant and 3,280 3,537 892
Equipment
Capital Work-in-Progress - 3 -
Investment Property - - -
Goodwill - - -
Intangible Assets 319 460 632
Intangible Assets Under 60 - 40
Development
Financial Assets
Investments 2 2 2
Trade Receivables - - -
Loans - - 79
Other Financial Assets 7,249 4,297 1,265
Deferred Tax Assets 1,567 802 758
Other Assets 6,869 3,434 1,503
Current Assets
Inventories - - -
Financial Assets
Investments 26 2,236 1,755
Trade Receivables 78,333 44,931 26,234
Cash and Cash 247 959 2,683
Equivalents
Other Bank Balances 240 5,339 -
Loans - - -
Other Assets 8,376 62 7,146
Current Tax Assets - - -
Other Assets 2,528 1,063 1,023

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Noncurrent Assets Held - - -

For Sale
Regulatory Deferral - - -
Account Debit Balances
Total Assets 109,096 67,125 44,012

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STANDALONE PROFIT AND LOSS

Figures in INR Lacs (rounded)
(IND-AS)

Particulars 31 March, 2023 31 March, 2022 31 March, 2021

CONTINUING OPERATIONS
Revenue from operations 161,852 113,195 73,874
Other Income 527 782 780
Total Revenue 162,379 113,977 74,653
Cost of Materials 108,435 82,303 57,137
Consumed
Purchases of Stock in - - -
Trade
Changes in Inventory - - -
Employee Benefit 21,322 11,050 3,478
Expenses
Finance Costs 1,324 490 301
Depreciation and 1,708 938 602
Amortization
Other Expenses* 23,577 14,364 6,092
Total Expenses 156,366 109,145 67,610
Total Revneue Less 6,013 4,832 7,044
Total Expenses
Prior Period and - - -
Exceptional Items
Profit Before Tax 6,013 4,832 7,044
Current Tax Expense 2,020 1,472 1,715
Deferred Tax Expense -742 -16 479
Net Movement in - - -
Regulatory Deferral
Account Balances
Profit From Continuing 4,735 3,376 4,850
Operations
Profit From Discontinuing - - -
Operations (After Tax)
Net Profit/Loss 4,735 3,376 4,850
Other Comprehensive -67 -82 -25
Income
Total Comprehensive 4,668 3,294 4,825
Income/Loss

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STANDALONE IMPORTANT RATIOS

Particulars 31 March, 2023 31 March, 2022 31 March, 2021

Leverage Ratios
Total Debt/Equity Ratio 1.11 0.50 0.24
Total Assets/Equity Ratio 3.80 2.65 2.08
Total Debt/Total Assets 0.29 0.19 0.12
Ratio
Interest Coverage Ratio 5.54 10.86 24.38
Liquidity ratios
Quick Ratio 1.02 1.24 1.42
Current Ratio 1.17 1.41 1.79
Performance ratios
Gross Margin 33.00% 27.29% 22.66%
Net Margin 2.92% 2.96% 6.50%
Return on Fixed Assets 129.41% 84.40% 310.03%
Return on Equity 16.48% 13.34% 22.96%
Return on Capital 44.19% 26.80% 39.20%
Employed
Total Asset Turnover 1.49 1.70 1.70
Fixed Asset Turnover 44.23 28.30 47.22
Days Receivables 176 144 129
Outstanding
Days of Inventory 0 0 0

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CHARGES ON ASSETS
14 May, 2024

CHARGES ON ASSETS - ALL

Charge ID Date Amount Holder

100291537 22 January, 2024 260.00 cr The Hongkong and Shanghai Banking
Corporation Limited
100804202 04 October, 2023 35.00 cr HDFC BANK LIMITED
10616008 20 February, 2023 70.00 cr ICICI BANK LIMITED
100618223 15 December, 2022 37.00 cr CITI BANK N.A.
100549621 24 February, 2022 25.00 cr Axis Bank Limited
100219432 02 June, 2018 1.00 cr CITI BANK N.A.
10619785 16 February, 2016 5.00 cr ICICI BANK LIMITED

CHARGES ON ASSETS - BANK WISE

Holders No. of Loans Total Amount

The Hongkong and Shanghai Banking Corporation 1 260.00 cr
Limited
HDFC BANK LIMITED 1 35.00 cr
ICICI BANK LIMITED 2 75.00 cr
CITI BANK N.A. 2 38.00 cr
Axis Bank Limited 1 25.00 cr

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COPYRIGHT

Copyright (C) 2016-2022. Prepared, owned, and distributed by TWS Systems Private Limited. All Rights Reserved.
The content of this report is protected by applicable copyright laws. Content may not be reproduced, distributed,
modified or framed in any form or by any means, whether electronic, mechanical, photocopying, recording or
otherwise without prior written permission.

NOTE ON TOFLER SCORE

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors -
Sustainability, Governance, and Growth. To know more about these factors.

Sustainability is a measure of overall financial health of the company. It indicates its profitability, efficiency of
operations and effective use of funds and assets deployed in the business. It also reflects the company's ability to
cover its liabilities and pay off its suppliers and creditors on time.

Governance is a measure of the quality of corporate governance of the company. It covers aspects like compliance
with TDS, GST and other laws, potential for conflict of business interests, defaulter lists checks, financials trust
checks, and other checks to measure if the company is operating in best faith.

Growth measures the growth capability of the company. It measures how fast the company has been growing and
whether it can keep growing sustainably.

Disclaimer:
1. Tofler Score is not a credit rating, nor does it have approval or sanction of any statutory or regulatory body for the
purpose.
2. Tofler Score is a bona fide unbiased opinion of Tofler team on the performance and state of affairs of the
Company. We are not liable to any person for any loss occurring due to decisions taken on the basis of Tofler
Score.
3. The Tofler team does not have any commercial interest in the subject matter of evaluation of any specific
company as such.
4. No user of Tofler Score is allowed to sell or distribute it outside their own organization.

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DISCLAIMER

The present report is purely a summary of the contents and status of documents examined on an inspection of the
Company's documents available on the official website of the Ministry of Corporate Affairs (www.mca.gov.in) . The
report is not based on any personal judgments or opinion of any individual or professional.

Please note that the content of these documents have not been audited at our end and no representation or
warranty is made regarding accuracy or reliability data/content. The reports are computer generated and although
manual checks and verification has been undertaken but it may still be subject to Programmatic and/or content
errors.

This report is provided for general information only and is without warranty of any kind- express or implied, including
but not limited to warranties of merchantability, fitness for a particular purpose.

TWS Systems Private Limited, its directors, officers or employees or any of their data providers shall not be liable
for any damages (direct, indirect, special or consequential) for whatever cause and disclaim any responsibility on
account of any implications, decisions or actions taken on the basis of some inadvertent mistake in the said report.

Disputes, if any, are subject to courts at Delhi, India.

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