42Hertz Software India Private Limited

Design and develop customized software applications since 2013 in Bangalore.

2013 | Bangalore, Karnataka (India) | Active
Last Updated: July 25, 2024

42Hertz Software India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.45 Cr
  • Revenue Growth -12.92%
  • Profit Growth 46.61%
  • Ebitda 55.05%
  • Net Worth -11.89%
  • Total Assets 0.35%

About 42Hertz Software India

42Hertz Software India Private Limited (4SIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 November 2013 and has a history of 11 years and two months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹1.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sarada Velagapudi and Sharada Nuthakki serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2013PTC072113

  • Company No.

    072113

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2013

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at 42Hertz Software India?

Board Members (2)

Name Designation Appointment Date Status
Sarada Velagapudi Country flag representing In Director 16-Sep-2022 Current
Sharada Nuthakki Country flag representing In Director 16-Sep-2022 Current

Financial Performance of 42Hertz Software India.

42Hertz Software India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.92% decrease. The company also saw a substantial improvement in profitability, with a 46.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.89%.

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
-12.92%
Revenue from Operations
Total Assets
0.35%
Profit or Loss
46.61%
Net Worth
-11.89%
EBITDA
55.05%

What is the Ownership and Shareholding Structure of 42Hertz Software India?

In 2023, 42Hertz Software India had a public 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)

Open Charges

₹0

Satisfied Charges

₹14.50 M

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corporation : 1.45 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2016 Karnataka State Financial Corporation ₹1.45 Cr Satisfied

How Many Employees Work at 42Hertz Software India?

42Hertz Software India has a workforce of 37 employees as of Mar 29, 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 42Hertz Software 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 42Hertz Software 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 42Hertz Software India

Recent activity within the organization

  • Annual General Meeting

    42Hertz Software 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

    42Hertz Software India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sarada Velagapudi was appointed as a Director was appointed as a Director on 16 Sep 2022 & has been associated with this company since 2 years 4 months .

    16 Sep 2022

  • Director Appointment

    Sharada Nuthakki was appointed as a Director was appointed as a Director on 16 Sep 2022 & has been associated with this company since 2 years 4 months .

    16 Sep 2022

  • Charges

    A charge registered on 21 Nov 2016 via Charge ID 100077458 with Karnataka State Financial Corporation was fully satisfied on 22 Sep 2017.

    22 Sep 2017

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 14.50 M with Charge ID 100077458 was registered on 21 Nov 2016.

    21 Nov 2016

Frequently asked questions

  • 42Hertz Software India Private Limited was incorporated on 26 Nov 2013.

  • The authorized share capital of 42Hertz Software India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with 42Hertz Software India Private Limited.

    • Sarada Velagapudi
    • Sharada Nuthakki
  • As per Ministry of Corporate Affairs (Mca), the registered address of 42Hertz Software India Private Limited is One Bangalore West Apt No. #2231 No. 1 Dr.Rajkumar RoadOpp. Sheraton Hotel Ra, Jaji Nagar, Karnataka, India, 560010.

  • The corporate identification number (CIN) of 42Hertz Software India Private Limited is U72200KA2013PTC072113 and the company number is 072113 as per Ministry of Corporate Affairs (MCA).

  • The Official website of 42Hertz Software India Private Limited is https://www.42hertz.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for 42Hertz Software India Private Limited has fallen by -12.92%.

  • As Per 2023 financial reports, 37 employees are currently employed by 42Hertz Software India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of 42Hertz Software India Private Limited has experienced an downturn of -11.89%.

  • The most recent Balance Sheet for 42Hertz Software India Private Limited was filed with the ROC on 31 Mar 2023.

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