Softage Information Technology Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 24 Year, 8 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 eight 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.
Yoginder Singh, Fahmida Ozair, Ozair Yasin, and Two other members serve as directors at the Company.
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.
Softage Information Technology Ltd.
Explore comprehensive data for Softage Information Technology Ltd., including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Softage Information Technology?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ozair Yasin  | Managing Director | 20-Jul-2000 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Softage Software Solutions Private LimitedFahmida Ozair, Ozair Yasin and 1 more are mutual person
- Softage Communications Private Limited
Fahmida Ozair, Ozair Yasin and 1 more are mutual person
Last Latch LlpFahmida Ozair is a mutual person
- Infoage It Services Private Limited
Fahmida Ozair and Danyal Ozair are mutual person
- Okno Solutions Private Limited
Fahmida Ozair and Ozair Yasin are mutual person
- Infotrack It Services Private Limited
Fahmida Ozair, Ozair Yasin and 1 more are mutual person
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.
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.
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.
- 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.
- Balance Sheet
Softage Information Technology Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge registered on 26 Nov 2021 via Charge ID 100520292 with Others was fully satisfied on 19 May 2022.
- Charges
A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100520292 was registered on 26 Nov 2021.
- Charges
A charge registered on 02 Dec 2019 via Charge ID 100316896 with Others was fully satisfied on 05 Jul 2021.
Recent News, Updates & Announcement
SER Group and Softage Join Forces to Spark Tech Revolution in India #GameChanger #ITL.SER Group + Softage = Tech Revolution in India #GameChanger #ITL #SERGroup #Softage #TechRevolution #India.
Frequently asked questions
What is the Incorporation or founding date of Softage Information Technology Ltd.?
Softage Information Technology Ltd. was incorporated on 20 Jul 2000.
What is authorized share capital and paid-up capital of Softage Information Technology Ltd.?
The authorized share capital of Softage Information Technology Ltd. is ₹ 8.00 Cr and paid-up capital is ₹ 3.50 Cr.
Who are the current board members & directors of Softage Information Technology Ltd.?
Currently 5 directors are associated with Softage Information Technology Ltd..
- Yoginder Singh
- Fahmida Ozair
- Ozair Yasin
- Danyal Ozair
- Chandra Kishor Jha
What is the registered address of Softage Information Technology Ltd.?
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.
What is the corporate identification number (CIN) and company number of Softage Information Technology Ltd.?
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).
What is the official website of Softage Information Technology Ltd.?
The Official website of Softage Information Technology Ltd. is https://www.softage.net
What has been the recent revenue trend for Softage Information Technology Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Softage Information Technology Ltd. has fallen by -20.74%.
How many employees does Softage Information Technology Ltd. currently have?
As Per 2023 financial reports, 245 employees are currently employed by Softage Information Technology Ltd..
What change has been observed in the net worth of Softage Information Technology Ltd., and by what percentage?
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%.
What are the total open charges for Softage Information Technology Ltd.?
As per the financial statements for fiscal Year 2023, The total open charges for Softage Information Technology Ltd. amount to ₹ 10.55 Cr.
When was the last Balance Sheet of Softage Information Technology Ltd. filed with the ROC?
The most recent Balance Sheet for Softage Information Technology Ltd. was filed with the ROC on 31 Mar 2023.
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