Algorithms Software Pvt.Ltd.

Global software solutions for construction industries, offering ERP solutions to increase productivity for 20,000+ users worldwide.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Algorithms Software.Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.04 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 104152.98%
  • Profit Growth 67491.25%
  • Ebitda 54547.63%
  • Net Worth 421173.16%
  • Total Assets 294985.71%

About Algorithms Software.Ltd.

Algorithms Software Pvt.Ltd. (ASP) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 July 1993 and has a history of 31 years and six months. Its registered office is in Mumbai, Maharashtra.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.04 Cr.

The company has closed loans amounting to ₹4.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Madhusudan Vakharia, Janak Vakharia, and Seema Vakharia serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1993PTC072883

  • Company No.

    072883

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1993

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Algorithms Software Pvt.Ltd. offer?

Algorithms Software Pvt.Ltd. offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Asset Management Software, Data Management Systems, CRM Software.

Who are the key members and board of directors at Algorithms Software.Ltd.?

Board Members (3)

Name Designation Appointment Date Status
Seema Vakharia Country flag representing In Director 04-Mar-1995 Current
Madhusudan Vakharia Country flag representing In Director 15-Jul-1993 Current
Janak Vakharia Country flag representing In Director 15-Jul-1993 Current

Financial Performance of Algorithms Software.Ltd..

Algorithms Software Pvt.Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 104152.98% increase. The company also saw a substantial improvement in profitability, with a 67491.25% increase in profit. The company's net worth Soared by an impressive increase of 421173.16%.

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
104152.98%
Revenue from Operations
103344.28%
Total Assets
294985.71%
Profit or Loss
67491.25%
Net Worth
421173.16%
EBITDA
54547.63%

What is the Ownership and Shareholding Structure of Algorithms Software.Ltd.?

In 2023, Algorithms Software.Ltd. had a promoter holding of 92.44% and a public holding of 7.57%. 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

₹0.40 Cr

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
10 Jun 2010 Syndicate Bank ₹4.00 M Satisfied

How Many Employees Work at Algorithms Software.Ltd.?

Algorithms Software.Ltd. has a workforce of 67 employees as of Apr 03, 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 Algorithms Software.Ltd., 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 Algorithms Software.Ltd.'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 Algorithms Software.Ltd.

Recent activity within the organization

  • Annual General Meeting

    Algorithms Software Pvt.Ltd. last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Algorithms Software Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 10 Jun 2010 via Charge ID 10225257 with Syndicate Bank was fully satisfied on 02 Jan 2018.

    02 Jan 2018

  • Charges

    A charge with Syndicate Bank amounted to Rs. 0.40 Cr with Charge ID 10225257 was registered on 10 Jun 2010.

    10 Jun 2010

  • Director Appointment

    Seema Janak Vakharia was appointed as a Director was appointed as a Director on 04 Mar 1995 & has been associated with this company since 29 years 11 months .

    04 Mar 1995

  • Director Appointment

    Madhusudan Brijlal Vakharia was appointed as a Director was appointed as a Director on 15 Jul 1993 & has been associated with this company since 31 years 6 months .

    15 Jul 1993

Frequently asked questions

  • Algorithms Software Pvt.Ltd. was incorporated on 15 Jul 1993.

  • The authorized share capital of Algorithms Software Pvt.Ltd. is ₹ 2.50 Cr and paid-up capital is ₹ 2.04 Cr.

  • Currently 3 directors are associated with Algorithms Software Pvt.Ltd..

    • Madhusudan Brijlal Vakharia
    • Janak Madhusudan Vakharia
    • Seema Janak Vakharia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Algorithms Software Pvt.Ltd. is Ballard House Adi Marzbanpath Fort, Bombay -38. India, Mumbai, Maharashtra.

  • The corporate identification number (CIN) of Algorithms Software Pvt.Ltd. is U72200MH1993PTC072883 and the company number is 072883 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Algorithms Software Pvt.Ltd. is https://www.algosoftware.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Algorithms Software Pvt.Ltd. has risen by 104152.98%.

  • As Per 2023 financial reports, 67 employees are currently employed by Algorithms Software Pvt.Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Algorithms Software Pvt.Ltd. has experienced an upsurge of 421173.16%.

  • The most recent Balance Sheet for Algorithms Software Pvt.Ltd. was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Application Development & Software Solutions