Softage Information Technology Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 24 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.55 Cr
- Satisfied Charges ₹ 28.23 Cr
- Revenue Growth -20.74%
- Profit Growth -952.05%
- Ebitda -275.54%
- Net Worth -25.84%
- Total Assets -17.24%
About Softage Information Technology
Softage Information Technology Ltd. (SITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 July 2000 and has a history of 24 years and six months. Its registered office is in Gurgaon, Haryana, 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 8.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹10.55 Cr. The company has closed loans amounting to ₹28.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Gurgaon, Haryana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74899HR2000PLC079801
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Company No.
079801
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Jul 2000
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Softage Information Technology Ltd. offer?
Softage Information Technology Ltd. offers a wide range of products and services, including Transport Agents & Bulk Carriers, Home Delivery Service, Data Entry Work, Data Entry & Data Processing Service, Data Management, Data Digitization, Business Planning and Management, Business Consultant, Printing & Binding Services, Stationery & Book Printing.
Who are the key members and board of directors at Softage Information Technology?
Executive Team (1)
Name | Designation | Appointment Date | Status |
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Ozair Yasin | Managing Director | 20-Jul-2000 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
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Danyal Ozair | Whole-Time Director | 27-Jan-2010 | Current |
Yoginder Singh | Director | 12-Mar-2015 | Current |
Fahmida Ozair | Whole-Time Director | 20-Jul-2000 | Current |
Chandra Jha | Whole-Time Director | 01-Jul-2015 | Current |
Financial Performance of Softage Information Technology.
Softage Information Technology Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 20.74% decrease. The company also saw a substantial fall in profitability, with a 952.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.84%.
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What is the Ownership and Shareholding Structure of Softage Information Technology?
In 2023, Softage Information Technology had a promoter holding of 97.74% and a public holding of 2.26%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.55 Cr
₹28.23 Cr
Charges Breakdown by Lending Institutions
- Others : 8.48 Cr
- Icici Bank Limited : 2.07 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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24 Mar 2021 | Others | ₹8.48 Cr | Open |
24 Feb 2015 | Icici Bank Limited | ₹2.07 Cr | Open |
26 Nov 2021 | Others | ₹9.50 M | Satisfied |
02 Dec 2019 | Others | ₹5.00 Cr | Satisfied |
13 Mar 2013 | Others | ₹4.06 Cr | Satisfied |
How Many Employees Work at Softage Information Technology?
Softage Information Technology has a workforce of 245 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Softage Information Technology, 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 Softage Information Technology'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.