Inube Software Solutions Private Limited

Provides comprehensive technology solutions for insurance companies worldwide, including claims management, fraud detection, and enterprise mobility.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: December 06, 2024

Inube Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.65 Cr
  • Paid Up Capital ₹ 4.23 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.90 Cr
  • Satisfied Charges ₹ 8.10 Cr
  • Revenue Growth -20.04%
  • Profit Growth -114.46%
  • Ebitda -39.83%
  • Net Worth 1.31%
  • Total Assets -6.12%

About Inube Software Solutions

Inube Software Solutions Private Limited (ISSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2010 and has a history of 14 years and six 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 2023. It's a company limited by shares with an authorized capital of Rs 2.65 Cr and a paid-up capital of Rs 4.23 M.

The company currently has active open charges totaling ₹11.90 Cr. The company has closed loans amounting to ₹8.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravichandran Mahalingam, Vinodkumar Ananth, Vikram Nagarajan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    inubesolutions.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC054801

  • Company No.

    054801

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Inube Software Solutions Private Limited offers a wide range of products and services, including Computer & Mobile Apps Development, Application Development Service, Computer and Networking Solutions, Broadband Internet Solutions, Call Centre & Customer Care Services, Customer Care BPO Services.

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

Board Members (5)

Name Designation Appointment Date Status
Vinodkumar Ananth Country flag representing In Director 17-Oct-2011 Current
Vikram Nagarajan Country flag representing In Director 16-Aug-2010 Current
Ravichandran Mahalingam Country flag representing In Director 16-Aug-2010 Current
Ramprasad Sanjeevi Country flag representing In Director 14-Feb-2011 Current
Ravishankar Sarnaik Country flag representing In Director 21-May-2013 Current

Financial Performance of Inube Software Solutions.

Inube Software Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 20.04% decrease. The company also saw a substantial fall in profitability, with a 114.46% decrease in profit. The company's net worth moved up by a moderate rise of 1.31%.

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
-20.04%
Revenue from Operations
-19.96%
Total Assets
-6.12%
Profit or Loss
-114.46%
Net Worth
1.31%
EBITDA
-39.83%

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

In 2021, Inube Software Solutions had a promoter holding of 16.77% and a public holding of 83.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.90 Cr

Satisfied Charges

₹8.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.67 Cr
  • Axis Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2023 Others ₹4.20 M Open
28 Jun 2023 Others ₹11.25 Cr Open
04 Oct 2019 Axis Bank Limited ₹1.00 M Open
16 Apr 2019 Axis Bank Limited ₹1.27 M Open
14 Jun 2011 Axis Bank Limited ₹8.00 Cr Satisfied

How Many Employees Work at Inube Software Solutions?

Inube Software Solutions has a workforce of 474 employees as of Apr 06, 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 Inube 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 Inube 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 Inube Software Solutions

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 11.25 Cr registered on 28 Jun 2023 with Charge ID 100752627 was modified on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Inube 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 14 Jun 2011 via Charge ID 10292706 with Axis Bank Limited was fully satisfied on 08 Aug 2023.

    08 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100752384 was registered on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 11.25 Cr with Charge ID 100752627 was registered on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Inube Software Solutions Private Limited was incorporated on 16 Aug 2010.

  • The authorized share capital of Inube Software Solutions Private Limited is ₹ 2.65 Cr and paid-up capital is ₹ 4.23 M.

  • Currently 5 directors are associated with Inube Software Solutions Private Limited.

    • Ravichandran Mahalingam
    • Vinodkumar Iyer Ananth
    • Vikram Nagarajan
    • Ramprasad Sanjeevi
    • Ravishankar Chudamani Sarnaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Inube Software Solutions Private Limited is 31 2Nd Floor Kothanur Main Road Santrupti Nagar Rbi Layout Jp 7Th Phase, India, Bangalore, Karnataka, 560078.

  • The corporate identification number (CIN) of Inube Software Solutions Private Limited is U72200KA2010PTC054801 and the company number is 054801 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2021, the revenue trend for Inube Software Solutions Private Limited has fallen by -20.04%.

  • As Per 2021 financial reports, 474 employees are currently employed by Inube Software Solutions Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Inube Software Solutions Private Limited has experienced an upsurge of 1.31%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Inube Software Solutions Private Limited amount to ₹ 11.90 Cr.

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

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