Channelsoft It Services Private Limited

Software development and related services provider since 2018 in Andhra Pradesh.

2018 | Krishna, Andhra Pradesh (India) | Active
Last Updated: January 15, 2025

Channelsoft It Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.80 M
  • Revenue Growth 66.98%
  • Profit Growth 13.84%
  • Ebitda 30.38%
  • Net Worth 46.07%
  • Total Assets 32.20%

About Channelsoft It Services

Channelsoft It Services Private Limited (CISPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 May 2018 (Six years and nine months 6 days old ). Its registered office is in Krishna, Andhra Pradesh, India.

The Corporate was formerly known as Icscs & Technologies Private Limited. 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.80 M.

Kiran Donepudi and Sita Vellanki serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    channelsoftinc.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900AP2018PTC108496

  • Company No.

    108496

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 May 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

Who are the key members and board of directors at Channelsoft It Services?

Financial Performance of Channelsoft It Services.

Channelsoft It Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.98% increase. The company also saw a substantial improvement in profitability, with a 13.84% increase in profit. The company's net worth Soared by an impressive increase of 46.07%.

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
66.98%
Revenue from Operations
67.00%
Total Assets
32.20%
Profit or Loss
13.84%
Net Worth
46.07%
EBITDA
30.38%

What is the Ownership and Shareholding Structure of Channelsoft It Services?

Unlock access to Channelsoft It Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2018Canara Bank₹5.80 MOpen

How Many Employees Work at Channelsoft It Services?

Channelsoft It Services has a workforce of 540 employees as of Apr 05, 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 Channelsoft It 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 Channelsoft It Services'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 Channelsoft It Services

Recent activity within the organization

  • Annual General Meeting

    Channelsoft It Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Channelsoft It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 5.80 M with Charge ID 100233465 was registered on 28 Dec 2018.

    28 Dec 2018

  • Director Appointment

    Kiran Kumar Donepudi was appointed as a Director was appointed as a Director on 24 May 2018 & has been associated with this company since 6 years 9 months .

    24 May 2018

  • Director Appointment

    Sita Ramadas Vellanki was appointed as a Director was appointed as a Director on 24 May 2018 & has been associated with this company since 6 years 9 months .

    24 May 2018

  • Company Incorporation

    Channelsoft It Services Private Limited was registered on 24 May 2018 with Roc Vijayawada & aged 6 years 9 months as per MCA records.

    24 May 2018

Frequently asked questions

  • What is the Incorporation or founding date of Channelsoft It Services Private Limited?

    Channelsoft It Services Private Limited was incorporated on 24 May 2018.

  • What is authorized share capital and paid-up capital of Channelsoft It Services Private Limited?

    The authorized share capital of Channelsoft It Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Channelsoft It Services Private Limited?

    Currently 2 directors are associated with Channelsoft It Services Private Limited.

    • Kiran Kumar Donepudi
    • Sita Ramadas Vellanki
  • What is the registered address of Channelsoft It Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Channelsoft It Services Private Limited is R.S.No; 325/3 And 323/6 Plot No.63 (D.No:48-188/7A) Of Gunadala Area, Ratna Towers India, Vijayawada, Andhra Pradesh, 520010.

  • What is the corporate identification number (CIN) and company number of Channelsoft It Services Private Limited?

    The corporate identification number (CIN) of Channelsoft It Services Private Limited is U72900AP2018PTC108496 and the company number is 108496 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Channelsoft It Services Private Limited?

    The Official website of Channelsoft It Services Private Limited is https://www.channelsoftinc.com

  • What has been the recent revenue trend for Channelsoft It Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Channelsoft It Services Private Limited has risen by 66.98%.

  • How many employees does Channelsoft It Services Private Limited currently have?

    As Per 2023 financial reports, 540 employees are currently employed by Channelsoft It Services Private Limited.

  • What change has been observed in the net worth of Channelsoft It Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Channelsoft It Services Private Limited has experienced an upsurge of 46.07%.

  • What are the total open charges for Channelsoft It Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Channelsoft It Services Private Limited amount to ₹ 5.80 M.

  • When was the last Balance Sheet of Channelsoft It Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Channelsoft It Services Private Limited was filed with the ROC on 31 Mar 2023.