Softspin Technologies Private Limited

Facilitates information flow for financial service providers, including online services for loans.

2020 | Hyderabad, Telangana (India) | Active
Last Updated: December 17, 2024

Softspin Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 17 Days
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 334.78%
  • Profit Growth -245.43%
  • Ebitda -205.38%
  • Net Worth -266.46%
  • Total Assets 165.55%

About Softspin Technologies

Softspin Technologies Private Limited (STPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 January 2020 (Five years 17 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Raghu Muvvala and Rajesh Gurrampally serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190TG2020PTC138409

  • Company No.

    138409

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2020

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Softspin Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Raghu Muvvala Country flag representing In Director 25-Sep-2020Current
Rajesh Gurrampally Country flag representing In Director 13-Jan-2020Current

Financial Performance of Softspin Technologies.

Softspin Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 334.78% increase. The company also saw a substantial fall in profitability, with a 245.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 266.46%.

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
334.78%
Revenue from Operations
334.70%
Total Assets
165.55%
Profit or Loss
-245.43%
Net Worth
-266.46%
EBITDA
-205.38%

What is the Ownership and Shareholding Structure of Softspin Technologies?

In 2022, Softspin Technologies had a public holding of 60.00%. 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 Softspin Technologies?

Softspin Technologies has a workforce of 85 employees as of Apr 01, 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 Softspin Technologies, 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 Softspin Technologies'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 Softspin Technologies

Recent activity within the organization

  • Annual General Meeting

    Softspin Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Softspin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Director Appointment

    Raghu Muvvala was appointed as a Director was appointed as a Director on 25 Sep 2020 & has been associated with this company since 4 years 4 months .

    25 Sep 2020

  • Director Appointment

    Rajesh Kumar Yadav Gurrampally was appointed as a Director was appointed as a Director on 13 Jan 2020 & has been associated with this company since 5 years 17 days .

    13 Jan 2020

  • Company Incorporation

    Softspin Technologies Private Limited was registered on 13 Jan 2020 with Roc Hyderabad & aged 5 years 17 days as per MCA records.

    13 Jan 2020

Frequently asked questions

  • Softspin Technologies Private Limited was incorporated on 13 Jan 2020.

  • The authorized share capital of Softspin Technologies Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Softspin Technologies Private Limited.

    • Raghu Muvvala
    • Rajesh Kumar Yadav Gurrampally
  • As per Ministry of Corporate Affairs (Mca), the registered address of Softspin Technologies Private Limited is First Floor Boss Towers, Pathrika Nagar Madhapur India, Hyderabad, Telangana, 500089.

  • The corporate identification number (CIN) of Softspin Technologies Private Limited is U67190TG2020PTC138409 and the company number is 138409 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Softspin Technologies Private Limited is https://www.coine.ai

  • According to the financial reports for the fiscal year 2022, the revenue trend for Softspin Technologies Private Limited has risen by 334.78%.

  • As Per 2022 financial reports, 85 employees are currently employed by Softspin Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Softspin Technologies Private Limited has experienced an downturn of -266.46%.

  • The most recent Balance Sheet for Softspin Technologies Private Limited was filed with the ROC on 31 Mar 2022.

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