Saysoft Tech Services Private Limited

Provides HR and IT consulting services using various technologies since 2010 in Bangalore.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: January 04, 2025

Saysoft Tech Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 1.13 Cr
  • Revenue Growth 20.66%
  • Profit Growth 22.09%
  • Ebitda -1.95%
  • Net Worth 9.60%
  • Total Assets 30.76%

About Saysoft Tech Services

Saysoft Tech Services Private Limited (STSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 May 2010 and has a history of 14 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2024. 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.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹1.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pobbisetty Prashanth and Asha Sudhakar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC053716

  • Company No.

    053716

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Saysoft Tech Services?

Board Members (2)

Name Designation Appointment Date Status
Asha Sudhakar Country flag representing In Director 21-Mar-2016 Current
Pobbisetty Prashanth Country flag representing In Director 19-May-2010 Current

Financial Performance of Saysoft Tech Services.

Saysoft Tech Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.66% increase. The company also saw a substantial improvement in profitability, with a 22.09% increase in profit. The company's net worth moved up by a moderate rise of 9.6%.

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
20.66%
Revenue from Operations
20.77%
Total Assets
30.76%
Profit or Loss
22.09%
Net Worth
9.60%
EBITDA
-1.95%

What is the Ownership and Shareholding Structure of Saysoft Tech Services?

In 2022, Saysoft Tech Services had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹11.28 M

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Sep 2024 Others ₹1.00 Cr Open
03 Aug 2023 Tjsb Sahakari Bank Limited ₹2.05 M Satisfied
04 Jun 2022 Tjsb Sahakari Bank Limited ₹7.60 M Satisfied
05 Jun 2014 Allahabad Bank ₹1.20 M Satisfied
26 Mar 2014 Allahabad Bank ₹0.43 M Satisfied

How Many Employees Work at Saysoft Tech Services?

Saysoft Tech Services has a workforce of 69 employees as of Apr 08, 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 Saysoft Tech 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 Saysoft Tech Services'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 Saysoft Tech Services

Recent activity within the organization

  • Charges

    A charge registered on 05 Jun 2014 via Charge ID 10512782 with Allahabad Bank was fully satisfied on 30 Oct 2024.

    30 Oct 2024

  • Annual General Meeting

    Saysoft Tech Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100985038 was registered on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge registered on 03 Aug 2023 via Charge ID 100770168 with Tjsb Sahakari Bank Limited was fully satisfied on 26 Sep 2024.

    26 Sep 2024

  • Balance Sheet

    Saysoft Tech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 04 Jun 2022 via Charge ID 100590999 with Tjsb Sahakari Bank Limited was fully satisfied on 13 Sep 2023.

    13 Sep 2023

Frequently asked questions

  • Saysoft Tech Services Private Limited was incorporated on 19 May 2010.

  • The authorized share capital of Saysoft Tech Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Saysoft Tech Services Private Limited.

    • Pobbisetty Lakshmi Prashanth
    • Asha Sudhakar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saysoft Tech Services Private Limited is No 38 First Floor 12Th Main 27Th Cross, Jayanagar 4Th Block India, Bangalore, Karnataka, 560011.

  • The corporate identification number (CIN) of Saysoft Tech Services Private Limited is U72200KA2010PTC053716 and the company number is 053716 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saysoft Tech Services Private Limited is https://www.saysofttech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saysoft Tech Services Private Limited has risen by 20.66%.

  • As Per 2022 financial reports, 69 employees are currently employed by Saysoft Tech Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saysoft Tech Services Private Limited has experienced an upsurge of 9.60%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Saysoft Tech Services Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Saysoft Tech Services Private Limited was filed with the ROC on 31 Mar 2024.

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