Saksoft Limited

Provides BI and information management solutions to mid-tier companies in USA and UK.

1999 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 04, 2024

Saksoft Profile

Key Indicators

  • Authorised Capital ₹ 20.10 Cr
  • Paid Up Capital ₹ 10.60 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.00 Cr
  • Satisfied Charges ₹ 55.60 Cr
  • Revenue Growth 26.02%
  • Profit Growth 2.30%
  • Ebitda 14.04%
  • Net Worth 15.27%
  • Total Assets 14.18%

About Saksoft

Saksoft Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 November 1999 and has a history of 25 years and two months. Its registered office is in Kanchipuram, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590051 and on the National Stock Exchange(NSE) under SAKSOFT.

The Corporate was formerly known as Sak Infotech Limited. 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 20.10 Cr and a paid-up capital of Rs 10.60 Cr.

The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹55.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saksoft Limited India are Nirajkumar Ganeriwala as CFO and Meera Venkatramanan as Company Secretary. Ajit Thomas, Aditya Krishna, Kavitha Vijay, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    saksoft.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200TN1999PLC054429

  • Company No.

    054429

  • Stock Symbol

    BSE : 590051 NSE : SAKSOFT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1999

  • Date of AGM

    07 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Saksoft Limited offer?

Saksoft Limited offers a wide range of products and services, including Saw Blades & Grinding Wheels, Grinding Wheels, Abrasives & Grains, Abrasive Discs, Food Grains & Nut Processing Machine, Rice Mill Spare Parts, Abrasive Tool, Cutting Abrasives, Piston & Crankshaft Assemblies, Camshafts.

Who are the key members and board of directors at Saksoft?

Executive Team (3)

NameDesignationAppointment DateStatus
Aditya Krishna Country flag representing In Managing Director24-Nov-1999Current
Nirajkumar Ganeriwala Country flag representing In CFO01-Apr-2014Current
Meera Venkatramanan Country flag representing In Company Secretary04-Feb-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Kanika Krishna Country flag representing Us Director 26-Sep-2014Current
Ganesh Chella Country flag representing In Director 03-Feb-2020Current
Ajit Thomas Country flag representing In Director 31-Jul-2009Current
Kavitha Vijay Country flag representing In Director 14-Aug-2023Current
Subramanian Suresh Country flag representing In Director 16-May-2008Current
Venkata Ramachandrababu Country flag representing In Director 27-May-2016Current

Financial Performance of Saksoft.

Saksoft Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.02% increase. The company also saw a slight improvement in profitability, with a 2.3% increase in profit. The company's net worth Soared by an impressive increase of 15.27%.

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
26.02%
Revenue from Operations
30.97%
Total Assets
14.18%
Profit or Loss
2.30%
Net Worth
15.27%
EBITDA
14.04%

What is the Ownership and Shareholding Structure of Saksoft?

In 2023, Saksoft had a promoter holding of 66.86% and a public holding of 33.14%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.00 Cr

Satisfied Charges

₹55.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jun 2018Others₹14.00 CrOpen
15 Dec 2016Hdfc Bank Limited₹12.00 CrSatisfied
26 Dec 2014Rbl Bank Limited₹12.00 CrSatisfied
28 Feb 2011Indusind Bank Ltd.₹31.60 CrSatisfied

How Many Employees Work at Saksoft?

Unlock and access historical data on people associated with Saksoft, 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 Saksoft, 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 Saksoft'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 Saksoft

Recent activity within the organization

  • Annual General Meeting

    Saksoft Limited last Annual general meeting of members was held on 07 Aug 2024 as per latest MCA records.

    07 Aug 2024

  • Balance Sheet

    Saksoft Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Kavitha Vijay was appointed as a Director was appointed as a Director on 14 Aug 2023 & has been associated with this company since 1 year 6 months .

    14 Aug 2023

  • Charges

    A charge with Others of Rs. 14.00 Cr registered on 18 Jun 2018 with Charge ID 100189185 was modified on 31 Mar 2021.

    31 Mar 2021

  • Charges

    A charge registered on 15 Dec 2016 via Charge ID 100071183 with Hdfc Bank Limited was fully satisfied on 03 Oct 2020.

    03 Oct 2020

  • Director Appointment

    Ganesh Chella was appointed as a Director was appointed as a Director on 03 Feb 2020 & has been associated with this company since 5 years 18 days .

    03 Feb 2020

Frequently asked questions

  • Saksoft Limited was incorporated on 24 Nov 1999.

  • The authorized share capital of Saksoft Limited is ₹ 20.10 Cr and paid-up capital is ₹ 10.60 Cr.

  • Currently 9 directors are associated with Saksoft Limited.

    • Ajit Thomas
    • Aditya Krishna
    • Kavitha Vijay
    • Ganesh Chella
    • Subramanian Suresh
    • Kanika Krishna
    • Venkata Vuppala Ramachandrababu
    • Nirajkumar Ganeriwala
    • Meera Venkatramanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saksoft Limited is Sp Infocity Block A 2Nd Floor, 40 Mgr Salai Perungudi Kadanchavadi, Chennai, Tamil Nadu, India, 600096.

  • The corporate identification number (CIN) of Saksoft Limited is L72200TN1999PLC054429 and the company number is 054429 as per Ministry of Corporate Affairs (MCA).

  • Yes, Saksoft Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SAKSOFT.

  • The Official website of Saksoft Limited is https://www.saksoft.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saksoft Limited has risen by 26.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saksoft Limited has experienced an upsurge of 15.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saksoft Limited amount to ₹ 14.00 Cr.

  • The most recent Balance Sheet for Saksoft Limited was filed with the ROC on 31 Mar 2024.

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