Compassites Software Solutions Private Limited

Digital transformation and technology solutions for global clients, specializing in mobility, data analytics, and cloud computing.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated:

Compassites Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.89 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -21.15%
  • Profit Growth 90.04%
  • Ebitda -2470.16%
  • Net Worth -2002.34%
  • Total Assets -52.22%

About Compassites Software Solutions

Compassites Software Solutions Private Limited (CSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 2005 and has a history of 19 years and four months. Its registered office is in Bangaluru, 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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.89 Cr.

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

Rajesh Setty and Kannanunninayar Kannan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005PTC037726

  • Company No.

    037726

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2005

  • Date of AGM

    27 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Compassites Software Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Kannanunninayar Kannan Country flag representing In Director 20-Aug-2014Current
Rajesh Setty Country flag representing Us Director 20-Jan-2006Current

Financial Performance of Compassites Software Solutions.

Compassites Software Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 21.15% decrease. The company also saw a substantial improvement in profitability, with a 90.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 2002.34%.

Compassites Software Solutions revenue growth over time
Compassites Software Solutions 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
-21.15%
Revenue from Operations
-65.04%
Total Assets
-52.22%
Profit or Loss
90.04%
Net Worth
-2002.34%
EBITDA
-2470.16%

What is the Ownership and Shareholding Structure of Compassites Software Solutions?

In 2021, Compassites Software Solutions had a promoter holding of 63.82% and a public holding of 36.19%. 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

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2015Hdfc Bank Limited₹3.00 MSatisfied
10 Jul 2012Hdfc Bank Limited₹3.70 CrSatisfied

How Many Employees Work at Compassites Software Solutions?

Compassites Software Solutions has a workforce of 2 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.

Employee growth trends for Compassites Software Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Compassites Software Solutions, 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 Compassites Software Solutions'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 Compassites Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Compassites Software Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2022 as per latest MCA records.

  • Charges

    A charge registered on 10 Jul 2012 via Charge ID 10364611 with Hdfc Bank Limited was fully satisfied on 31 May 2022.

  • Balance Sheet

    Compassites Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.70 Cr registered on 10 Jul 2012 with Charge ID 10364611 was modified on 31 Jul 2018.

  • Charges

    A charge registered on 06 Aug 2015 via Charge ID 10586379 with Hdfc Bank Limited was fully satisfied on 21 May 2018.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 10586379 was registered on 06 Aug 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Compassites Software Solutions Private Limited?

    Compassites Software Solutions Private Limited was incorporated on 22 Nov 2005.

  • What is authorized share capital and paid-up capital of Compassites Software Solutions Private Limited?

    The authorized share capital of Compassites Software Solutions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.89 Cr.

  • Who are the current board members & directors of Compassites Software Solutions Private Limited?

    Currently 2 directors are associated with Compassites Software Solutions Private Limited.

    • Rajesh Chakka Setty
    • Kannanunninayar Gopalakrishnan Rajesh Kannan

  • What is the registered address of Compassites Software Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Compassites Software Solutions Private Limited is Brigade Business Suites No. 44 Flat 101 1St Floor, 10Th Main 2Nd Block Jayanagar India, Bangalore, Karnataka, 560011.

  • What is the corporate identification number (CIN) and company number of Compassites Software Solutions Private Limited?

    The corporate identification number (CIN) of Compassites Software Solutions Private Limited is U72200KA2005PTC037726 and the company number is 037726 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Compassites Software Solutions Private Limited?

    The Official website of Compassites Software Solutions Private Limited is https://www.compassitesinc.com

  • What has been the recent revenue trend for Compassites Software Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Compassites Software Solutions Private Limited has fallen by -21.15%.

  • How many employees does Compassites Software Solutions Private Limited currently have?

    As Per 2022 financial reports, 2 employees are currently employed by Compassites Software Solutions Private Limited.

  • What change has been observed in the net worth of Compassites Software Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Compassites Software Solutions Private Limited has experienced an downturn of -2002.34%.

  • When was the last Balance Sheet of Compassites Software Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Compassites Software Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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