Reachwell Software Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 29-12-2024
- Paid Up Capital ₹ 0.10 M
as on 29-12-2024
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 1.80 M
as on 29-12-2024
- Revenue 58.92%
(FY 2021)
- Profit 98.55%
(FY 2021)
- Ebitda 105.63%
(FY 2021)
- Net Worth -0.51%
(FY 2021)
- Total Assets -9.36%
(FY 2021)
About Reachwell Software Services
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 2021. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.80 M.
Gouri Polisetty, Sashikala Polisetty, Prasanna Pete, and One other member serve as directors at the Company.
- CIN/LLPIN
U72900KA1993PTC014710
- Company No.
014710
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 1993
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Reachwell Software Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nanjappa Kariappa  | Director | 27-Mar-2019 | Current |
| Gouri Polisetty | Director | 30-Sep-2004 | Current |
| Sashikala Polisetty | Director | 27-Mar-2019 | Current |
| Prasanna Pete | Director | 27-Mar-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Reachwell Software Services?
In 2021, Reachwell Software Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Dakota Consulting Private LimitedActive 28 years 8 months
Gouri Polisetty and Sashikala Polisetty are mutual person
- Innoprosol Private LimitedActive 2 years 9 months
Prasanna Pete and Nanjappa Kariappa are mutual person
- Sunpa Business Solutions Private LimitedActive 9 years 10 months
Nanjappa Kariappa is a mutual person
Charges (Loans)
₹1.80 M
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 0.12 Cr
- Syndicate Bank : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2019 | Canara Bank | ₹1.18 M | Open |
| 08 Oct 2009 | Syndicate Bank | ₹0.62 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Reachwell Software Services, 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 Reachwell Software Services's trajectory.
Rating
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
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.
