Majesco Software And Solutions India Private Limited

Provides insurance software solutions and technology-based services for policy management and compliance.

2014 | Thane, Maharashtra (India) | Active
Last Updated:

Majesco Software And Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.50 M
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 70.50 Cr
  • Revenue Growth 15.55%
  • Profit Growth 16.94%
  • Ebitda -10.49%
  • Net Worth 16.51%
  • Total Assets 12.09%

About Majesco Software And Solutions India

Majesco Software And Solutions India Private Limited (MSASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 2014 and has a history of Ten years and six months. Its registered office is in Thane, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.50 M.

The company has closed loans amounting to ₹70.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vivek Garg and James Miller serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2014PTC288244

  • Company No.

    288244

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2014

  • Date of AGM

    06 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Company report

Majesco Software And Solutions India Private Limited

Explore comprehensive data for Majesco Software And Solutions India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Majesco Software And Solutions India?

Board Members (2)

NameDesignationAppointment DateStatus
Vivek Garg Country flag representing In Director 01-Jul-2021Current
James Miller Country flag representing Us Director 21-Jan-2020Current

Financial Performance of Majesco Software And Solutions India.

Majesco Software And Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.55% increase. The company also saw a substantial improvement in profitability, with a 16.94% increase in profit. The company's net worth Soared by an impressive increase of 16.51%.

Majesco Software And Solutions India revenue growth over time
Majesco Software And Solutions India 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
15.55%
Revenue from Operations
12.83%
Total Assets
12.09%
Profit or Loss
16.94%
Net Worth
16.51%
EBITDA
-10.49%

What is the Ownership and Shareholding Structure of Majesco Software And Solutions India?

In 2022, Majesco Software And Solutions India 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)

Open Charges

₹0

Satisfied Charges

₹70.50 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 30.00 Cr
  • Standard Chartered Bank : 25.00 Cr
  • Icici Bank Limited : 15.50 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jun 2017Standard Chartered Bank₹20.00 CrSatisfied
30 Dec 2015Standard Chartered Bank₹5.00 CrSatisfied
26 Oct 2015Icici Bank Limited₹15.50 CrSatisfied
01 Jul 2015Yes Bank Limited₹30.00 CrSatisfied

How Many Employees Work at Majesco Software And Solutions India?

Majesco Software And Solutions India has a workforce of 1284 employees as of Mar 29, 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 Majesco Software And Solutions India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Majesco Software And Solutions India, 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 Majesco Software And Solutions India'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 Majesco Software And Solutions India

Recent activity within the organization

  • Annual General Meeting

    Majesco Software And Solutions India Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Majesco Software And Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Vivek Garg was appointed as a Director was appointed as a Director on 01 Jul 2021 & has been associated with this company since 3 years 10 months .

  • Charges

    A charge registered on 05 Jun 2017 via Charge ID 100104327 with Standard Chartered Bank was fully satisfied on 23 Dec 2020.

  • Director Appointment

    James Jeffrey Miller was appointed as a Director was appointed as a Director on 21 Jan 2020 & has been associated with this company since 5 years 3 months .

  • Charges

    A charge registered on 01 Jul 2015 via Charge ID 10594583 with Yes Bank Limited was fully satisfied on 29 Mar 2018.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Majesco Software And Solutions India Private Limited?

    Majesco Software And Solutions India Private Limited was incorporated on 21 Oct 2014.

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

    The authorized share capital of Majesco Software And Solutions India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.50 M.

  • Who are the current board members & directors of Majesco Software And Solutions India Private Limited?

    Currently 2 directors are associated with Majesco Software And Solutions India Private Limited.

    • Vivek Garg
    • James Jeffrey Miller
  • What is the registered address of Majesco Software And Solutions India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Majesco Software And Solutions India Private Limited is Unit No 602 6Th Floor Building No. 9 Midc Airoli Knowledge Park Ttc Industrial Ea, India, Navi Mumbai, Maharashtra, 400708.

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

    The corporate identification number (CIN) of Majesco Software And Solutions India Private Limited is U72900MH2014PTC288244 and the company number is 288244 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Majesco Software And Solutions India Private Limited?

    The Official website of Majesco Software And Solutions India Private Limited is https://www.majesco.com

  • What has been the recent revenue trend for Majesco Software And Solutions India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Majesco Software And Solutions India Private Limited has risen by 15.55%.

  • How many employees does Majesco Software And Solutions India Private Limited currently have?

    As Per 2023 financial reports, 1284 employees are currently employed by Majesco Software And Solutions India Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Majesco Software And Solutions India Private Limited has experienced an upsurge of 16.51%.

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

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

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