Socash India Private Limited

Develops software for banks/financial institutions to allow customers to withdraw/deposit cash from authorized outlets.

2017 | Delhi (India) | Active
Last Updated: February 12, 2025

Socash India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -43.12%
  • Profit Growth -40.74%
  • Ebitda -84.22%
  • Net Worth 19.53%
  • Total Assets 13.07%

About Socash India

Socash India Private Limited (SIPL) is a registered startup operating as a Private Limited Foreign Company Incorporated In India incorporated in India on 06 April 2017 (Seven years and ten months 20 days old ). Its registered office is in Delhi, 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 2023. 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, as per Ministry of Corporate Affairs (MCA) records.

Kailash Gupta and Chintan Doshi serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    socash.io

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2017FTC315647

  • Company No.

    315647

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    06 Apr 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

Who are the key members and board of directors at Socash India?

Board Members (2)

NameDesignationAppointment DateStatus
Kailash Gupta Country flag representing In Additional Director 13-Sep-2024Current
Chintan Doshi Country flag representing In Additional Director 04-Oct-2024Current

Financial Performance of Socash India.

Socash India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.12% decrease. The company also saw a substantial fall in profitability, with a 40.74% decrease in profit. The company's net worth Soared by an impressive increase of 19.53%.

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
-43.12%
Revenue from Operations
-47.36%
Total Assets
13.07%
Profit or Loss
-40.74%
Net Worth
19.53%
EBITDA
-84.22%

What is the Ownership and Shareholding Structure of Socash India?

In 2023, Socash India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Socash India?

Socash India has a workforce of 6 employees as of Apr 07, 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 Socash India, 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 Socash India'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 Socash India

Recent activity within the organization

  • Director Appointment

    Chintan Doshi was appointed as a Additional Director was appointed as a Additional Director on 04 Oct 2024 & has been associated with this company since 4 months 23 days .

    04 Oct 2024

  • Director Appointment

    Kailash Suresh Gupta was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2024 & has been associated with this company since 5 months 13 days .

    13 Sep 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Socash India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Company Incorporation

    Socash India Private Limited was registered on 06 Apr 2017 with Roc Delhi & aged 7 years 10 months as per MCA records.

    06 Apr 2017

Frequently asked questions

  • Socash India Private Limited was incorporated on 06 Apr 2017.

  • The authorized share capital of Socash India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Socash India Private Limited.

    • Kailash Suresh Gupta
    • Chintan Doshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Socash India Private Limited is 1899 Ground Floor Uday Chand Marg, Kotla Mubarakpur India, New Delhi, 110049.

  • The corporate identification number (CIN) of Socash India Private Limited is U74999DL2017FTC315647 and the company number is 315647 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Socash India Private Limited is https://www.socash.io

  • According to the financial reports for the fiscal year 2023, the revenue trend for Socash India Private Limited has fallen by -43.12%.

  • As Per 2023 financial reports, 6 employees are currently employed by Socash India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Socash India Private Limited has experienced an upsurge of 19.53%.

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

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