Reachwell Software Services Private Limited logo

Reachwell Software Services Private Limited

Software development, asset management, and IT consulting services for retail and wholesale clients.
1993 | Bangalore, Karnataka (India) | Active

Last Updated:

July 01, 2024
HomeCompanyReachwell Software Services Private Limited

Who are the key members and board of directors at Reachwell Software Services?

Board Members(4)

NameDesignationAppointment DateStatus
Nanjappa Kariappa In Director 27-Mar-2019Current
Gouri Polisetty In Director 30-Sep-2004Current
Sashikala Polisetty In Director 27-Mar-2019Current
Prasanna Pete In Director 27-Mar-2019Current

Financial Performance of Reachwell Software Services.

Reachwell Software Services Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 58.92% increase. The company also saw a substantial improvement in profitability, with a 98.55% increase in profit. The company's net worth dipped by a decrease of 0.51%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
58.92%
Revenue from Operations
61.13%
Total Assets
-9.36%
Profit or Loss
98.55%
Net Worth
-0.51%
EBITDA
105.63%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1.80 M

LenderAmountStatus

Canara Bank

Creation Date: 09 Aug 2019
₹1.18 MOpen

Syndicate Bank

Creation Date: 08 Oct 2009
₹0.62 MOpen

How Many Employees Work at Reachwell Software Services?

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

Employee Graph

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Latest Updates, News, and FAQs on Reachwell Software Services

Recent activity within the organization

  • Annual General Meeting

    Reachwell Software Services Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Reachwell Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Canara Bank of Rs. 1.18 M registered on 09 Aug 2019 with Charge ID 100281007 was modified on 06 Oct 2020.

    06 Oct 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 1.18 M with Charge ID 100281007 was registered on 09 Aug 2019.

    09 Aug 2019

  • Director Appointment

    Nanjappa Karathachira Kariappa was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 9 months .

    27 Mar 2019

  • Director Appointment

    Sashikala Polisetty was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 5 years 9 months .

    27 Mar 2019

Frequently asked questions

  • Reachwell Software Services Private Limited was incorporated on 06 Sep 1993.

  • The authorized share capital of Reachwell Software Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Reachwell Software Services Private Limited.

    • Nanjappa Karathachira Kariappa
    • Sashikala Polisetty
    • Gouri Shankar Srinivas Polisetty
    • Prasanna Kumar Pete
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reachwell Software Services Private Limited is 15 Basappa RoadShanthi Nagar, Bangalore., Karnataka, India, 560027.

  • The corporate identification number (CIN) of Reachwell Software Services Private Limited is U72900KA1993PTC014710 and the company number is 014710 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reachwell Software Services Private Limited is https://www.reachwell.net

  • According to the financial reports for the fiscal year 2021, the revenue trend for Reachwell Software Services Private Limited has risen by 58.92%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Reachwell Software Services Private Limited has experienced an downturn of -0.51%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Reachwell Software Services Private Limited amount to ₹ 1.80 M.

  • The most recent Balance Sheet for Reachwell Software Services Private Limited was filed with the ROC on 31 Mar 2021.

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