Redisolve Software Private Limited

Software development, maintenance, back-office operations, BPO, KPO, LPO, ITES services.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 23, 2025

Redisolve Software Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.00 Cr
  • Revenue Growth -20.99%
  • Profit Growth -94.35%
  • Ebitda -63.03%
  • Net Worth 0.96%
  • Total Assets 19.70%

About Redisolve Software

Redisolve Software Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 2006 and has a history of 18 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹12.00 Cr.

Shardha Prasad and Shivsaai Girish serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2006PTC060620

  • Company No.

    060620

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing
Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Shivsaai Girish Country flag representing In Director 15-Jun-2017 Current
Shardha Prasad Country flag representing In Director 21-Jul-2006 Current

Financial Performance of Redisolve Software.

Redisolve Software Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.99% decrease. The company also saw a substantial fall in profitability, with a 94.35% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
-20.99%
Revenue from Operations
-20.55%
Total Assets
19.70%
Profit or Loss
-94.35%
Net Worth
0.96%
EBITDA
-63.03%

What is the Ownership and Shareholding Structure of Redisolve Software?

Unlock access to Redisolve Software's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr

Latest Charge Details

Date Lender Amount Status
12 Oct 2022 Others ₹12.00 Cr Open

How Many Employees Work at Redisolve Software?

Redisolve Software has a workforce of 137 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 Redisolve Software, 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 Redisolve Software'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 Redisolve Software

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 120.00 M registered on 12 Oct 2022 with Charge ID 100615280 was modified on 26 Feb 2024.

    26 Feb 2024

  • Annual General Meeting

    Redisolve Software Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Redisolve Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 120.00 M with Charge ID 100615280 was registered on 12 Oct 2022.

    12 Oct 2022

  • Director Appointment

    Shivsaai Prasad Girish was appointed as a Director was appointed as a Director on 15 Jun 2017 & has been associated with this company since 7 years 7 months .

    15 Jun 2017

  • Director Appointment

    Shardha Prasad was appointed as a Director was appointed as a Director on 21 Jul 2006 & has been associated with this company since 18 years 6 months .

    21 Jul 2006

Frequently asked questions

  • Redisolve Software Private Limited was incorporated on 21 Jul 2006.

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

  • Currently 2 directors are associated with Redisolve Software Private Limited.

    • Shardha Prasad
    • Shivsaai Prasad Girish
  • As per Ministry of Corporate Affairs (Mca), the registered address of Redisolve Software Private Limited is Chamiers Towers Old No:23 -24/13 New No :37/13 4Th Floor Road, India, Chennai, Tamil Nadu, 600018.

  • The corporate identification number (CIN) of Redisolve Software Private Limited is U72200TN2006PTC060620 and the company number is 060620 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Redisolve Software Private Limited is https://www.redisolve.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Redisolve Software Private Limited has fallen by -20.99%.

  • As Per 2023 financial reports, 137 employees are currently employed by Redisolve Software Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Redisolve Software Private Limited has experienced an upsurge of 0.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Redisolve Software Private Limited amount to ₹ 12.00 Cr.

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

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