Spigot Software Profile
Key Indicators
- Authorised Capital ₹ 4.50 M
as on 24-10-2024
- Paid Up Capital ₹ 4.30 M
as on 24-10-2024
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.00 Cr
as on 24-10-2024
- Satisfied Charges ₹ 1.79 Cr
as on 24-10-2024
- Revenue 12.73%
(FY 2023)
- Profit 442.82%
(FY 2023)
- Ebitda -0.95%
(FY 2023)
- Net Worth 42.04%
(FY 2023)
- Total Assets -12.73%
(FY 2023)
About Spigot Software
The Corporate was formerly known as Abraham & Bettadpur Management Services Private Limited. 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 4.50 M and a paid-up capital of Rs 4.30 M.
The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹1.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mangala Srinath and Bettadpur Srinath serve as directors at the Company.
- CIN/LLPIN
U72200KA2006PTC040423
- Company No.
040423
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Spigot Software Private Limited offer?
Spigot Software Private Limited offers a wide range of products and services, including Project Management, Laboratory Management Software, Software Development & IT Consultant, Software Development Services, CA, CS & Cost Accounting Services, Accounting Services, Healthcare Software, Hospital Management System, Staffing Service, Flexible Staffing Solutions.
Who are the key members and board of directors at Spigot Software?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mangala Srinath  | Whole-Time Director | 06-Sep-2006 | Current |
| Bettadpur Srinath | Director | 12-Jul-2008 | Current |
Financial Performance of Spigot Software.
Spigot Software Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.73% increase. The company also saw a substantial improvement in profitability, with a 442.82% increase in profit. The company's net worth Soared by an impressive increase of 42.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Spigot Software?
In 2023, Spigot Software had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Spigot Technologies Private LimitedActive 8 years 2 monthsMangala Srinath and Bettadpur Srinath are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 14 Feb 2023 | ₹7.50 M | Open |
Hdfc Bank Limited Creation Date: 26 Dec 2011 | ₹2.50 M | Open |
Others Creation Date: 09 Nov 2017 | ₹1.74 Cr | Satisfied |
How Many Employees Work at Spigot Software?
Spigot Software has a workforce of 94 employees as of Apr 09, 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 Spigot Software, 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 Spigot Software'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.
