Sovereign It Solutions Private Limited

Provides IT services with registered office in Telangana since 2012.

2012 | Khammam, Telangana (India) | Active
Last Updated:

Sovereign It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.01 Cr
  • Revenue Growth -26.79%
  • Profit Growth -38.31%
  • Ebitda -34.56%
  • Net Worth 25.25%
  • Total Assets 10.35%

About Sovereign It Solutions

Sovereign It Solutions Private Limited (SISPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 2012 and has a history of 13 years and three months. Its registered office is in Khammam, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.01 Cr.

Battineni Neeraja and Battineni Rao serve as directors at the Company.

Company Details

  • Location

    Khammam, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2012PTC078475

  • Company No.

    078475

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Company report

Sovereign It Solutions Private Limited

Explore comprehensive data for Sovereign It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sovereign It Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Battineni Neeraja Country flag representing In Director 09-Jan-2012Current
Battineni Rao Country flag representing In Director 09-Jan-2012Current

Financial Performance of Sovereign It Solutions.

Sovereign It Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 26.79% decrease. The company also saw a substantial fall in profitability, with a 38.31% decrease in profit. The company's net worth Soared by an impressive increase of 25.25%.

Sovereign It Solutions revenue growth over time
Sovereign It Solutions 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
-26.79%
Revenue from Operations
-26.79%
Total Assets
10.35%
Profit or Loss
-38.31%
Net Worth
25.25%
EBITDA
-34.56%

What is the Ownership and Shareholding Structure of Sovereign It Solutions?

In 2021, Sovereign It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.06 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.54 Cr
  • Hdfc Bank Limited : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2022Others₹4.54 CrOpen
22 Dec 2021Hdfc Bank Limited₹1.40 MOpen
22 Dec 2021Hdfc Bank Limited₹3.22 MOpen

How Many Employees Work at Sovereign It Solutions?

Unlock and access historical data on people associated with Sovereign It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Sovereign It Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sovereign It Solutions, 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 Sovereign It Solutions'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 Sovereign It Solutions

Recent activity within the organization

  • Annual General Meeting

    Sovereign It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sovereign It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 45.44 M with Charge ID 100620409 was registered on 26 Jul 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.40 M with Charge ID 100540156 was registered on 22 Dec 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.22 M with Charge ID 100540158 was registered on 22 Dec 2021.

  • Director Appointment

    Battineni Neeraja was appointed as a Director was appointed as a Director on 09 Jan 2012 & has been associated with this company since 13 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sovereign It Solutions Private Limited?

    Sovereign It Solutions Private Limited was incorporated on 09 Jan 2012.

  • What is authorized share capital and paid-up capital of Sovereign It Solutions Private Limited?

    The authorized share capital of Sovereign It Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Sovereign It Solutions Private Limited?

    Currently 2 directors are associated with Sovereign It Solutions Private Limited.

    • Battineni Neeraja
    • Battineni Naga Prasad Rao
  • What is the registered address of Sovereign It Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sovereign It Solutions Private Limited is 7-10-229 Bonakal Road, Sri Ram Hills (Urban) India, Khammam, Telangana, 507003.

  • What is the corporate identification number (CIN) and company number of Sovereign It Solutions Private Limited?

    The corporate identification number (CIN) of Sovereign It Solutions Private Limited is U72200TG2012PTC078475 and the company number is 078475 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sovereign It Solutions Private Limited?

    The Official website of Sovereign It Solutions Private Limited is https://www.sovereignitsolutions.net

  • What has been the recent revenue trend for Sovereign It Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sovereign It Solutions Private Limited has fallen by -26.79%.

  • What change has been observed in the net worth of Sovereign It Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sovereign It Solutions Private Limited has experienced an upsurge of 25.25%.

  • What are the total open charges for Sovereign It Solutions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sovereign It Solutions Private Limited amount to ₹ 5.01 Cr.

  • When was the last Balance Sheet of Sovereign It Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Sovereign It Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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