Tally Solutions Private Limited

Develops and sells accounting and business management software, provides related services.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Tally Solutions Profile

Key Indicators

  • Authorised Capital ₹ 45.45 Cr
  • Paid Up Capital ₹ 27.10 Cr
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 59.47 Cr
  • Revenue Growth 19.90%
  • Profit Growth 16.66%
  • Ebitda 55.78%
  • Net Worth 16.90%
  • Total Assets 14.04%

About Tally Solutions

Tally Solutions Private Limited (TSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 November 1991 and has a history of 33 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Peutronics Pvt Ltd. 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 45.45 Cr and a paid-up capital of Rs 27.10 Cr.

The company has closed loans amounting to ₹59.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tally Solutions Private Limited India is Noopur Jain as COMPANY SECRETARY. Bharat Goenka, Sheela Goenka, Tejas Goenka, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200KA1991PTC012483

  • Company No.

    012483

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1991

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Tally Solutions Private Limited offer?

Tally Solutions Private Limited offers a wide range of products and services, including Accounting & Billing Software, Tally Software, Business Planning and Management, Business Consultant.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Tejas Goenka Country flag representing In Managing Director27-May-2010Current
Noopur Jain Company Secretary17-Apr-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Bharat Goenka Country flag representing In Director 09-Dec-1999Current
Sheela Goenka Country flag representing In Director 09-Dec-1999Current
Nupur Goenka Country flag representing In Whole-Time Director 25-Mar-2019Current
Bhakti Modi Country flag representing In Director 01-Apr-2019Current

Financial Performance of Tally Solutions.

Tally Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.9% increase. The company also saw a substantial improvement in profitability, with a 16.66% increase in profit. The company's net worth Soared by an impressive increase of 16.9%.

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
19.90%
Revenue from Operations
21.51%
Total Assets
14.04%
Profit or Loss
16.66%
Net Worth
16.90%
EBITDA
55.78%

What is the Ownership and Shareholding Structure of Tally Solutions?

In 2023, Tally Solutions had a promoter holding of 99.77% and a public holding of 0.23%. The company had 5 Subsidiaries. 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

₹59.47 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 28.00 Cr
  • Dbs Bank Ltd : 15.00 Cr
  • Kotak Mahindra Bank Limited : 10.00 Cr
  • Kotak Mahindra Prime Limited : 4.92 Cr
  • Corporation Bank : 1.55 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2016Dbs Bank Ltd₹15.00 CrSatisfied
19 Nov 2014Kotak Mahindra Prime Limited₹3.25 CrSatisfied
09 Apr 2014Kotak Mahindra Prime Limited₹1.67 CrSatisfied
22 Dec 2009Kotak Mahindra Bank Limited₹10.00 CrSatisfied
26 Sep 2007Yes Bank Limited₹14.00 CrSatisfied

How Many Employees Work at Tally Solutions?

Tally Solutions has a workforce of 941 employees as of May 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 Tally 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 Tally 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 Tally Solutions

Recent activity within the organization

  • Annual General Meeting

    Tally Solutions Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Tally Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Bhakti Manoj Modi was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Director Appointment

    Nupur Goenka was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Mar 2019 & has been associated with this company since 5 years 11 months .

    25 Mar 2019

  • Charges

    A charge registered on 19 Nov 2014 via Charge ID 10536267 with Kotak Mahindra Prime Limited was fully satisfied on 21 Nov 2017.

    21 Nov 2017

  • Charges

    A charge registered on 10 Nov 2016 via Charge ID 100059737 with Dbs Bank Ltd was fully satisfied on 30 Aug 2017.

    30 Aug 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Tally Solutions Private Limited was incorporated on 08 Nov 1991.

  • The authorized share capital of Tally Solutions Private Limited is ₹ 45.45 Cr and paid-up capital is ₹ 27.10 Cr.

  • Currently 6 directors are associated with Tally Solutions Private Limited.

    • Bharat Goenka
    • Sheela Goenka
    • Tejas Goenka
    • Nupur Goenka
    • Bhakti Manoj Modi
    • Noopur Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tally Solutions Private Limited is 331-336 Raheja Arcade, Koramangala India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Tally Solutions Private Limited is U72200KA1991PTC012483 and the company number is 012483 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tally Solutions Private Limited is https://www.tallysolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tally Solutions Private Limited has risen by 19.90%.

  • As Per 2023 financial reports, 941 employees are currently employed by Tally Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tally Solutions Private Limited has experienced an upsurge of 16.90%.

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

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