Aheadrace Software Development Services Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 10 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.55 Cr
- Satisfied Charges ₹ 7.00 M
- Revenue Growth 28.92%
- Profit Growth -66.72%
- Ebitda -45.66%
- Net Worth 9.63%
- Total Assets 13.48%
About Aheadrace Software Development Services
Aheadrace Software Development Services Private Limited (ASDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 2014 and has a history of Ten years and eight months. Its registered office is in Hyderabad, Telangana, 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 currently has active open charges totaling ₹3.55 Cr. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.
Keshi Reddy and Keshi Reddy serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2014PTC094687
- Company No.
094687
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jul 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
Who are the key members and board of directors at Aheadrace Software Development Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Keshi Reddy  | Director | 02-Jul-2014 | Current |
| Keshi Reddy | Director | 30-Nov-2015 | Current |
Financial Performance of Aheadrace Software Development Services.
Aheadrace Software Development Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.92% increase. The company also saw a substantial fall in profitability, with a 66.72% decrease in profit. The company's net worth moved up by a moderate rise of 9.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aheadrace Software Development Services?
In 2023, Aheadrace Software Development Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Aheadrace Agrireturns Technology (Opc) Private Limited
Keshi Reddy is a mutual person
Sciwear Tech Private LimitedKeshi Reddy is a mutual person
- Grok Drones India (Opc) Private Limited
Keshi Reddy is a mutual person
- Convertedge Technologies Private Limited
Keshi Reddy is a mutual person
Charges (Loans)
Open Charges
₹35.53 M
Satisfied Charges
₹7.00 M
Charges Breakdown by Lending Institutions
- Others : 2.84 Cr
- Hdfc Bank Limited : 0.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2024 | Others | ₹1.75 Cr | Open |
| 16 Mar 2023 | Hdfc Bank Limited | ₹7.13 M | Open |
| 15 Jun 2018 | Others | ₹1.09 Cr | Open |
| 20 Sep 2019 | Hdfc Bank Limited | ₹7.00 M | Satisfied |
How Many Employees Work at Aheadrace Software Development Services?
Aheadrace Software Development Services has a workforce of 50 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aheadrace Software Development Services, 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 Aheadrace Software Development Services's trajectory.
Rating
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
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 Aheadrace Software Development Services
Recent activity within the organization
- Charges
A charge registered on 20 Sep 2019 via Charge ID 100291158 with Hdfc Bank Limited was fully satisfied on 19 Jan 2024.
- Charges
A charge with Others amounted to Rs. 17.50 M with Charge ID 100853485 was registered on 11 Jan 2024.
- Annual General Meeting
Aheadrace Software Development Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Aheadrace Software Development Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.13 M with Charge ID 100713523 was registered on 16 Mar 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 7.00 M registered on 20 Sep 2019 with Charge ID 100291158 was modified on 18 Dec 2020.
Frequently asked questions
What is the Incorporation or founding date of Aheadrace Software Development Services Private Limited?
Aheadrace Software Development Services Private Limited was incorporated on 02 Jul 2014.
What is authorized share capital and paid-up capital of Aheadrace Software Development Services Private Limited?
The authorized share capital of Aheadrace Software Development Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Aheadrace Software Development Services Private Limited?
Currently 2 directors are associated with Aheadrace Software Development Services Private Limited.
- Keshi Satya Vardhan Reddy
- Keshi Sarojini Reddy
What is the registered address of Aheadrace Software Development Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aheadrace Software Development Services Private Limited is H.No.10-2-267 Door No.25 Fashion Flats, West Marredpally India, Secunderabad, Telangana, 500026.
What is the corporate identification number (CIN) and company number of Aheadrace Software Development Services Private Limited?
The corporate identification number (CIN) of Aheadrace Software Development Services Private Limited is U72200TG2014PTC094687 and the company number is 094687 as per Ministry of Corporate Affairs (MCA).
What is the official website of Aheadrace Software Development Services Private Limited?
The Official website of Aheadrace Software Development Services Private Limited is https://www.aheadrace.com
What has been the recent revenue trend for Aheadrace Software Development Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aheadrace Software Development Services Private Limited has risen by 28.92%.
How many employees does Aheadrace Software Development Services Private Limited currently have?
As Per 2023 financial reports, 50 employees are currently employed by Aheadrace Software Development Services Private Limited.
What change has been observed in the net worth of Aheadrace Software Development Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aheadrace Software Development Services Private Limited has experienced an upsurge of 9.63%.
What are the total open charges for Aheadrace Software Development Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aheadrace Software Development Services Private Limited amount to ₹ 3.55 Cr.
When was the last Balance Sheet of Aheadrace Software Development Services Private Limited filed with the ROC?
The most recent Balance Sheet for Aheadrace Software Development Services Private Limited was filed with the ROC on 31 Mar 2023.
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