What we do Springform Technology Ltd operates in the technology sector offering software development, hardware trading, and IT services with a focus on engineering and system integration solutions. |
Founded in 1,976 |
Market share A niche player with over 20 years in system integration, focusing on specialized engineering add-ons rather than competing with major product vendors. |
Problem solved Bridging talent gaps in server setup, networking, training and providing tailored IT solutions to optimize business processes and infrastructure integration. |
Top clients or who we serve Serves businesses seeking IT infrastructure setup, ERP automation, software integration, and training–mainly B2B clients across sectors needing engineering-driven IT support. |
Key management Paramjeet Singh Chhabra (Managing Director), Amarjeet Kaur Sachdeva (Non-executive Director), Amandeep Singh (Director) |
Our journey and innovations Evolved from general IT to specialized engineering software and system integration, launching ERP solutions and focusing on training and infrastructure set-up. |
Where we operate Primarily in India with headquarters in Mumbai; no explicit international footprint disclosed. |
Top products or what we offer Software development, hardware trading, IT services, ERP solutions, network system integration, and engineering-based add-on applications. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely cyclical based on project completions and system integration contracts. |
Our industry position A specialized integrator and service provider with modest market presence in India's IT services landscape. |
Financial highlights FY25 revenue approximately Rs. 1.42 million with a loss of Rs. 10,050; decreasing revenue from previous year Rs. 5.68 million. |
Geographical revenue split - |
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Whats driving growth Demand for customized IT integration, engineering services, and training in networking amid industry talent gaps. |
Our future plans Focus on expanding engineering-based IT solutions, ERP deployments, and training to capture niche market opportunities. |
Our green promise - |
Our people and values Committed to ethical practices, with a small team of around four employees and a board including independent directors. |
Key challenges ahead Financial losses, limited scale, and competition from larger IT service providers with broad product portfolios. |
Interesting facts The company is listed on Bombay Stock Exchange with stock code 541358 and was acquired by new promoters in 2024. |
Risks and strategy Mitigating risks by focusing on specialized high-investment engineering IT solutions and maintaining strong governance via new management. |
