Propitious Soft Private Limited

Founded in 2016 and headquartered in Telangana, India.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 16, 2024

Propitious Soft Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -93.74%
  • Profit Growth -348.73%
  • Ebitda -314.04%
  • Net Worth -58.63%
  • Total Assets -80.32%

About Propitious Soft

Propitious Soft Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2016 (Eight years and eight months 13 days old ). Its registered office is in Hyderabad, Telangana, 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 2020. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shashee Aruri and Somineni Prathyusha serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2016PTC110265

  • Company No.

    110265

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2016

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Propitious Soft?

Financial Performance of Propitious Soft.

Propitious Soft Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 93.74% decrease. The company also saw a substantial fall in profitability, with a 348.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.63%.

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
-93.74%
Revenue from Operations
-93.74%
Total Assets
-80.32%
Profit or Loss
-348.73%
Net Worth
-58.63%
EBITDA
-314.04%

What is the Ownership and Shareholding Structure of Propitious Soft?

In 2017, Propitious Soft 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 Propitious Soft?

Unlock and access historical data on people associated with Propitious Soft, 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 Propitious Soft, 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 Propitious Soft's trajectory.

Rating

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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 Propitious Soft

Recent activity within the organization

  • Annual General Meeting

    Propitious Soft Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Propitious Soft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • Director Appointment

    Shashee Kanth Aruri was appointed as a Director was appointed as a Director on 14 Jun 2016 & has been associated with this company since 8 years 8 months .

    14 Jun 2016

  • Director Appointment

    Somineni Prathyusha was appointed as a Director was appointed as a Director on 14 Jun 2016 & has been associated with this company since 8 years 8 months .

    14 Jun 2016

  • Company Incorporation

    Propitious Soft Private Limited was registered on 14 Jun 2016 with Roc Hyderabad & aged 8 years 8 months as per MCA records.

    14 Jun 2016

Frequently asked questions

  • What is the Incorporation or founding date of Propitious Soft Private Limited?

    Propitious Soft Private Limited was incorporated on 14 Jun 2016.

  • What is authorized share capital and paid-up capital of Propitious Soft Private Limited?

    The authorized share capital of Propitious Soft Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Propitious Soft Private Limited?

    Currently 2 directors are associated with Propitious Soft Private Limited.

    • Shashee Kanth Aruri
    • Somineni Prathyusha
  • What is the registered address of Propitious Soft Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Propitious Soft Private Limited is Plot.No.101, Road.No.7C Mamathanagar Colony India, Nagole, Telangana, 500068.

  • What is the corporate identification number (CIN) and company number of Propitious Soft Private Limited?

    The corporate identification number (CIN) of Propitious Soft Private Limited is U72900TG2016PTC110265 and the company number is 110265 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Propitious Soft Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Propitious Soft Private Limited has fallen by -93.74%.

  • What change has been observed in the net worth of Propitious Soft Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Propitious Soft Private Limited has experienced an downturn of -58.63%.

  • When was the last Balance Sheet of Propitious Soft Private Limited filed with the ROC?

    The most recent Balance Sheet for Propitious Soft Private Limited was filed with the ROC on 31 Mar 2020.