Ecgplus Technologies Private Limited - Due diligence report

A 360° intelligence report on Ecgplus: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

2012-12-11 Mumbai, Maharashtra Active Unlisted Active Compliant
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ET Ecgplus Technologies Private Limited
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Ecgplus — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Ecgplus is assessed as Moderate with a Trust Score of 72/100. Ecgplus is an active private limited indian non-government company incorporated in 2012, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 13 Jul 2026 from the latest processed filings. Ecgplus Technologies Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
20/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SAMEER KAMLESH MERCHANT 01234567 Director 01/04/2018 6 yrs Approved
SUSHIL KUMAR 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
14 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 55
Growth signals & trust indicators
Asset base grew 38% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Negative net worth.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence78/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment51/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view45/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
06 Oct 2022
Securities allotted
1271 Equity Shares - 32.56 Lakh raised
Securities allotted
3803 Preference Shares - 97.43 Lakh raised
31 Jul 2019
Securities allotted
2 Equity Shares - 2,640.00 raised
Securities allotted
4544 Preference Shares - 59.98 Lakh raised
25 Jun 2018
Securities allotted
1483 Preference Shares - 10.90 Lakh raised
12 Jun 2018
Securities allotted
4219 Preference Shares - 31.01 Lakh raised
12 Apr 2018
Securities allotted
6802 Preference Shares - 49.99 Lakh raised
22 Feb 2018
Securities allotted
100 Equity Shares - 73,500.00 raised
Securities allotted
1261 Preference Shares - 9.27 Lakh raised
14 Feb 2018
Securities allotted
1400 Equity Shares - 10.29 Lakh raised
Securities allotted
13840 Preference Shares - 1.02 cr raised
24 Oct 2016
Securities allotted
22449 Equity Shares - 84.18 Lakh raised
29 Sep 2016
Director ceased
SAMEER KAMLESH MERCHANT
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 14 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Nath Techno Solutions Private Limited U72200MH2022PTC385304 Malad West, Maharashtra, India
Ashplan Private Limited U74999UP2017PTC097711 Noida, Uttar Pradesh, India
Wendt Infosolutions Private Limited U72900MH2019PTC332812 Mumbai, Maharashtra, India
Waltfox Ventures U72900GJ2016PTC085769 Jamnagar, Gujarat, India
Pragaut Technologies Private Limited U72900HR2016PTC066845 Gurugram, Haryana, India
Tech-Lounge It Consultancy Private Limited U72900KA2022PTC158769 Bangalore, Karnataka, India
Masterit Software Solutions And Services Private Limited U72100KA2016PTC086849 Bangalore, Karnataka, India
Triunfo Technologies Private Limited U72900WB2020PTC240360 Kolkata, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Ecgplus before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Ecgplus: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Ecgplus - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Ecgplus pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Ecgplus - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ecgplus an active company?

Ecgplus has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Ecgplus financially healthy?

Ecgplus has a Financial Health Score of 20/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Ecgplus?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ecgplus?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Ecgplus have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Ecgplus up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Ecgplus?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.