Drasis Software Solutions Private Limited

Provides computer programming services since 2008, headquartered in Chennai, Tamil Nadu.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 18, 2024

Drasis Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.63 Cr
  • Satisfied Charges ₹ 3.08 Cr
  • Revenue Growth 34.47%
  • Profit Growth 71.57%
  • Ebitda -159.46%
  • Net Worth 2.45%
  • Total Assets 6.84%

About Drasis Software Solutions

Drasis Software Solutions Private Limited (DSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 2008 and has a history of 16 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 0.30 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.63 Cr. The company has closed loans amounting to ₹3.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abdul Bashu and Sameera Akbar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    drasisautomation.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2008PTC068761

  • Company No.

    068761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Drasis Software Solutions Private Limited offer?

Drasis Software Solutions Private Limited offers a wide range of products and services, including LED, LCD, Smart TV and Home Theatre, Remote Control, Process Control Systems & Equipments, Process Controllers, Hotel & Commercial Cooking Equipment, Canteen & Kitchen Appliances, Biometrics & Access Control Devices, Biometric Access Control System, Home Theater, Telecommunication Equipment & Parts.

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

Board Members (2)

NameDesignationAppointment DateStatus
Abdul Bashu Country flag representing In Director 20-Sep-2018Current
Sameera Akbar Country flag representing In Director 20-Sep-2018Current

Financial Performance of Drasis Software Solutions.

Drasis Software Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.47% increase. The company also saw a substantial improvement in profitability, with a 71.57% increase in profit. The company's net worth moved up by a moderate rise of 2.45%.

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
34.47%
Revenue from Operations
34.29%
Total Assets
6.84%
Profit or Loss
71.57%
Net Worth
2.45%
EBITDA
-159.46%

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

Unlock access to Drasis Software Solutions'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

₹46.32 M

Satisfied Charges

₹30.80 M

Charges Breakdown by Lending Institutions

  • Others : 3.63 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2023Others₹3.63 CrOpen
10 Jun 2019Hdfc Bank Limited₹1.00 CrOpen
04 Jan 2023Axis Bank Limited₹3.08 CrSatisfied

How Many Employees Work at Drasis Software Solutions?

Unlock and access historical data on people associated with Drasis Software Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Drasis 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 Drasis 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 Drasis Software Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 36.32 M with Charge ID 100796797 was registered on 03 Oct 2023.

    03 Oct 2023

  • Annual General Meeting

    Drasis Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 04 Jan 2023 via Charge ID 100666913 with Axis Bank Limited was fully satisfied on 16 Sep 2023.

    16 Sep 2023

  • Balance Sheet

    Drasis Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.00 M registered on 10 Jun 2019 with Charge ID 100272571 was modified on 09 Jan 2023.

    09 Jan 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.80 M with Charge ID 100666913 was registered on 04 Jan 2023.

    04 Jan 2023

Frequently asked questions

  • Drasis Software Solutions Private Limited was incorporated on 05 Aug 2008.

  • The authorized share capital of Drasis Software Solutions Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Drasis Software Solutions Private Limited.

    • Abdul Azeez Mohamed Bashu
    • Sameera Akbar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drasis Software Solutions Private Limited is 55/8 Embassy Tower Montieth Road Egmore India, Chennai, Tamil Nadu, 600008.

  • The corporate identification number (CIN) of Drasis Software Solutions Private Limited is U74900TN2008PTC068761 and the company number is 068761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drasis Software Solutions Private Limited is https://www.drasisautomation.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Drasis Software Solutions Private Limited has risen by 34.47%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Drasis Software Solutions Private Limited has experienced an upsurge of 2.45%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Drasis Software Solutions Private Limited amount to ₹ 4.63 Cr.

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

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