Softage Information Technology Ltd.

Founded in 2000 and headquartered in Haryana, India.

2000 | Gurgaon, Haryana (India) | Active
Last Updated: January 31, 2025

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

  • Location

    Gurgaon, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899HR2000PLC079801

  • Company No.

    079801

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

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
Ozair Yasin Country flag representing In Managing Director 20-Jul-2000 Current

Board Members (4)

Name Designation Appointment Date Status
Danyal Ozair Country flag representing Us Whole-Time Director 27-Jan-2010 Current
Yoginder Singh Country flag representing In Director 12-Mar-2015 Current
Fahmida Ozair Country flag representing In Whole-Time Director 20-Jul-2000 Current
Chandra Jha Country flag representing In 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%.

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
-20.74%
Revenue from Operations
-22.27%
Total Assets
-17.24%
Profit or Loss
-952.05%
Net Worth
-25.84%
EBITDA
-275.54%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.55 Cr

Satisfied Charges

₹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
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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Softage Information Technology

Recent activity within the organization

  • Annual General Meeting

    Softage Information Technology Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 8.48 Cr registered on 24 Mar 2021 with Charge ID 100447945 was modified on 26 May 2023.

    26 May 2023

  • Balance Sheet

    Softage Information Technology Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 26 Nov 2021 via Charge ID 100520292 with Others was fully satisfied on 19 May 2022.

    19 May 2022

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100520292 was registered on 26 Nov 2021.

    26 Nov 2021

  • Charges

    A charge registered on 02 Dec 2019 via Charge ID 100316896 with Others was fully satisfied on 05 Jul 2021.

    05 Jul 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Softage Information Technology Ltd. was incorporated on 20 Jul 2000.

  • The authorized share capital of Softage Information Technology Ltd. is ₹ 8.00 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 5 directors are associated with Softage Information Technology Ltd..

    • Yoginder Singh
    • Fahmida Ozair
    • Ozair Yasin
    • Danyal Ozair
    • Chandra Kishor Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Softage Information Technology Ltd. is 204 Udyog Vihar, Phase-Iv Gurgaon India, Haryana, 122002.

  • The corporate identification number (CIN) of Softage Information Technology Ltd. is U74899HR2000PLC079801 and the company number is 079801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Softage Information Technology Ltd. is https://www.softage.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Softage Information Technology Ltd. has fallen by -20.74%.

  • As Per 2023 financial reports, 245 employees are currently employed by Softage Information Technology Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Softage Information Technology Ltd. has experienced an downturn of -25.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Softage Information Technology Ltd. amount to ₹ 10.55 Cr.

  • The most recent Balance Sheet for Softage Information Technology Ltd. was filed with the ROC on 31 Mar 2023.

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