Sourceedge Software Technologies Private Limited

Software company providing outsourcing solutions, product development, and IT services to global clients.

2004 | Bangalore, Karnataka (India) | Active
Last Updated: July 03, 2024

Sourceedge Software Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 1.69 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.85 Cr
  • Revenue Growth -95.15%
  • Profit Growth -324.16%
  • Ebitda -603.89%
  • Net Worth -76.26%
  • Total Assets -29.77%

About Sourceedge Software Technologies

Sourceedge Software Technologies Private Limited (SSTPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 August 2004 and has a history of 20 years and six months. Its registered office is in Bangalore, Karnataka, 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 1.80 Cr and a paid-up capital of Rs 1.69 Cr.

The company has closed loans amounting to ₹4.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Maruvekere Shivakumar and Kavikondala Prasad serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sourceedge.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2004PTC034451

  • Company No.

    034451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Business Outsourcing

What products or services does Sourceedge Software Technologies Private Limited offer?

Sourceedge Software Technologies Private Limited offers a wide range of products and services, including CRM Software, Business Management Software.

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

Board Members (2)

NameDesignationAppointment DateStatus
Kavikondala Prasad Country flag representing In Director 18-Nov-2021Current
Maruvekere Shivakumar Country flag representing In Director 06-Aug-2004Current

Financial Performance of Sourceedge Software Technologies.

Sourceedge Software Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 95.15% decrease. The company also saw a substantial fall in profitability, with a 324.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 76.26%.

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
-95.15%
Revenue from Operations
Total Assets
-29.77%
Profit or Loss
-324.16%
Net Worth
-76.26%
EBITDA
-603.89%

What is the Ownership and Shareholding Structure of Sourceedge Software Technologies?

In 2023, Sourceedge Software Technologies had a promoter holding of 97.09% and a public holding of 2.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.85 Cr

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 1.80 Cr
  • Axis Bank Ltd : 1.40 Cr
  • Small Industries Development Bank Of India : 1.25 Cr
  • Corporation Bank : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2014Small Industries Development Bank Of India₹6.50 MSatisfied
29 Apr 2014Small Industries Development Bank Of India₹6.00 MSatisfied
26 Dec 2011Syndicate Bank₹1.80 CrSatisfied
23 Jul 2010Axis Bank Ltd₹1.40 CrSatisfied
17 Nov 2009Corporation Bank₹4.00 MSatisfied

How Many Employees Work at Sourceedge Software Technologies?

Sourceedge Software Technologies has a workforce of 3 employees as of Apr 05, 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 Sourceedge Software 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 Sourceedge Software 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 Sourceedge Software Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sourceedge Software Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 26 Dec 2011 via Charge ID 10330691 with Syndicate Bank was fully satisfied on 05 Jan 2022.

    05 Jan 2022

  • Director Appointment

    Kavikondala Sri Venkateshwara Vara Prasad was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 3 years 3 months .

    18 Nov 2021

  • Charges

    A charge registered on 29 Apr 2014 via Charge ID 10488108 with Small Industries Development Bank Of India was fully satisfied on 17 Jul 2017.

    17 Jul 2017

  • Charges

    A charge with Syndicate Bank of Rs. 1.80 Cr registered on 26 Dec 2011 with Charge ID 10330691 was modified on 05 Jun 2017.

    05 Jun 2017

Frequently asked questions

  • Sourceedge Software Technologies Private Limited was incorporated on 06 Aug 2004.

  • The authorized share capital of Sourceedge Software Technologies Private Limited is ₹ 1.80 Cr and paid-up capital is ₹ 1.69 Cr.

  • Currently 2 directors are associated with Sourceedge Software Technologies Private Limited.

    • Maruvekere Narayana Shivakumar
    • Kavikondala Sri Venkateshwara Vara Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sourceedge Software Technologies Private Limited is 1St Floor Gopala Krishna Complex No 45/3 Residency Road, Bangalore, Karnataka, India, 560025.

  • The corporate identification number (CIN) of Sourceedge Software Technologies Private Limited is U72200KA2004PTC034451 and the company number is 034451 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sourceedge Software Technologies Private Limited is https://www.sourceedge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sourceedge Software Technologies Private Limited has fallen by -95.15%.

  • As Per 2023 financial reports, 3 employees are currently employed by Sourceedge Software Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sourceedge Software Technologies Private Limited has experienced an downturn of -76.26%.

  • The most recent Balance Sheet for Sourceedge Software Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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