Shopify Commerce India Private Limited

Provides e-commerce services and software for designing, setting up, and managing online stores.

2017 | Bangalore North, Karnataka (India) | Active
Last Updated: June 25, 2024

Shopify Commerce India Profile

Key Indicators

  • Authorised Capital ₹ 0.70 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 112.29%
  • Profit Growth 822.50%
  • Ebitda 48.39%
  • Net Worth 219.04%
  • Total Assets 19.47%

About Shopify Commerce India

Shopify Commerce India Private Limited (SCIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 15 May 2017 (Seven years and nine months 9 days old ). Its registered office is in Bangalore North, Karnataka, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.70 M and a paid-up capital of Rs 0.70 M, as per Ministry of Corporate Affairs (MCA) records.

Gopika Purdhani, Bharati Balakrishnan, and Sakshi Agarwal serve as directors at the Company.

Company Details

  • Location

    Bangalore North, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shopify.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017FTC102908

  • Company No.

    102908

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    15 May 2017

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce

Who are the key members and board of directors at Shopify Commerce India?

Board Members (3)

NameDesignationAppointment DateStatus
Bharati Balakrishnan Country flag representing In Director 12-Nov-2021Current
Gopika Purdhani Country flag representing In Director 22-Apr-2022Current
Sakshi Agarwal Country flag representing In Director 14-Dec-2021Current

Financial Performance of Shopify Commerce India.

Shopify Commerce India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 112.29% increase. The company also saw a substantial improvement in profitability, with a 822.5% increase in profit. The company's net worth Soared by an impressive increase of 219.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
112.29%
Revenue from Operations
62.77%
Total Assets
19.47%
Profit or Loss
822.50%
Net Worth
219.04%
EBITDA
48.39%

What is the Ownership and Shareholding Structure of Shopify Commerce India?

In 2022, Shopify Commerce India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Shopify Commerce India?

Shopify Commerce India has a workforce of 31 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shopify Commerce India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shopify Commerce India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shopify Commerce India

Recent activity within the organization

  • Annual General Meeting

    Shopify Commerce India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Shopify Commerce India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Gopika Purdhani was appointed as a Director was appointed as a Director on 22 Apr 2022 & has been associated with this company since 2 years 10 months .

    22 Apr 2022

  • Director Appointment

    Sakshi Agarwal was appointed as a Director was appointed as a Director on 14 Dec 2021 & has been associated with this company since 3 years 2 months .

    14 Dec 2021

  • Director Appointment

    Bharati Balakrishnan was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 3 years 3 months .

    12 Nov 2021

  • Company Incorporation

    Shopify Commerce India Private Limited was registered on 15 May 2017 with Roc Bangalore & aged 7 years 9 months as per MCA records.

    15 May 2017

Frequently asked questions

  • Shopify Commerce India Private Limited was incorporated on 15 May 2017.

  • The authorized share capital of Shopify Commerce India Private Limited is ₹ 0.70 M and paid-up capital is ₹ 0.70 M.

  • Currently 3 directors are associated with Shopify Commerce India Private Limited.

    • Gopika Purdhani
    • Bharati Balakrishnan
    • Sakshi Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shopify Commerce India Private Limited is No. 10 Ground Floor Park Road Tasker Park, Tasker Town Shivaji Nagar Near Indian ExpressH.K.P. Road, Bangalore North, Karnataka, 560051.

  • The corporate identification number (CIN) of Shopify Commerce India Private Limited is U74999KA2017FTC102908 and the company number is 102908 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shopify Commerce India Private Limited is https://www.shopify.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shopify Commerce India Private Limited has risen by 112.29%.

  • As Per 2023 financial reports, 31 employees are currently employed by Shopify Commerce India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shopify Commerce India Private Limited has experienced an upsurge of 219.04%.

  • The most recent Balance Sheet for Shopify Commerce India Private Limited was filed with the ROC on 31 Mar 2023.

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