Giftech Software Solutions Private Limited

Founded in 2005 and headquartered in Telangana, India.

2005 | Rangareddy, Telangana (India) | Active
Last Updated: December 13, 2024

Giftech Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -45.07%
  • Profit Growth -233.40%
  • Ebitda -233.38%
  • Net Worth -23.75%
  • Total Assets -37.64%

About Giftech Software Solutions

Giftech Software Solutions Private Limited (GSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 January 2005 and has a history of 20 years. Its registered office is in Rangareddy, Telangana, India.

The Company is engaged in the Professional Services 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 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Gutty Rao and Rithwick Gutty serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    giftech.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2005PTC045221

  • Company No.

    045221

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Professional Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Gutty Rao Country flag representing In Additional Director 16-Aug-2016Current
Rithwick Gutty Country flag representing In Director 28-Jul-2018Current

Financial Performance of Giftech Software Solutions.

Giftech Software Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 45.07% decrease. The company also saw a substantial fall in profitability, with a 233.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.75%.

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
-45.07%
Revenue from Operations
-45.07%
Total Assets
-37.64%
Profit or Loss
-233.40%
Net Worth
-23.75%
EBITDA
-233.38%

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

In 2017, Giftech Software Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Giftech Software Solutions?

Unlock and access historical data on people associated with Giftech 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 Giftech 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 Giftech 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 Giftech Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Giftech Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Giftech Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Rithwick Rishab Raj Gutty was appointed as a Director was appointed as a Director on 28 Jul 2018 & has been associated with this company since 6 years 6 months .

    28 Jul 2018

  • Director Appointment

    Gutty Jayakar Rao was appointed as a Additional Director was appointed as a Additional Director on 16 Aug 2016 & has been associated with this company since 8 years 6 months .

    16 Aug 2016

  • Company Incorporation

    Giftech Software Solutions Private Limited was registered on 31 Jan 2005 with Roc Hyderabad & aged 20 years 21 days as per MCA records.

    31 Jan 2005

Frequently asked questions

  • Giftech Software Solutions Private Limited was incorporated on 31 Jan 2005.

  • The authorized share capital of Giftech Software Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

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

    • Gutty Jayakar Rao
    • Rithwick Rishab Raj Gutty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Giftech Software Solutions Private Limited is 6-3-865/E Zudeba Begum Lane Adj. To My Home Jupally Green Lands, India, Begumpet, Telangana, 500018.

  • The corporate identification number (CIN) of Giftech Software Solutions Private Limited is U72200TG2005PTC045221 and the company number is 045221 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Giftech Software Solutions Private Limited is https://www.giftech.co.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Giftech Software Solutions Private Limited has fallen by -45.07%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Giftech Software Solutions Private Limited has experienced an downturn of -23.75%.

  • The most recent Balance Sheet for Giftech Software Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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