Ablesoft India Private Limited
About Ablesoft India Private Limited
Data last updated:
Ablesoft India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Able Soft Inc.. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 09 November 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC167689. Its GSTIN is 29AAXCA8656N1ZE (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Minkwon Jeong and Huijeong Jeong.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 66/1 A Block 302 3rd Flr Miraya Rose Siddapura Village Varthur Hobli, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹16,271. For the same year it recorded a net loss of ₹4.07 Lakh and EBITDA of -₹4.07 Lakh.
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- Registered AddressNo. 66/1 A Block 302 3rd Flr Miraya Rose Siddapura Village Varthur Hobli, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, IT Products Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ablesoft India Private Limited
The main business activity of Ablesoft India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ablesoft India Private Limited FY 2024 filings available
Ablesoft India Private Limited reported revenue of ₹16,271 for FY 2024.
Financial Statement Summary of Ablesoft India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹4.07 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4.07 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Ablesoft India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ablesoft India are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ablesoft India Private Limited
Ablesoft India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DBL Jewels Private Limited | ₹17,100 (FY 2024) | •••• | •••• | -25.0% | •••• | Thane, Maharashtra, India |
| Onrush Infotech Private Limited | ₹17,094 (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Midas Energy Systems Private Limited | ₹17,019 (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Seereba Engineers Private Limited | ₹16,650 (FY 2025) | •••• | •••• | -82.0% | •••• | Noida, Uttar Pradesh, India |
| Vertex Trading and Services Private Limited | ₹16,643 (FY 2025) | •••• | •••• | 10.0% | •••• | Karnataka, India |
| Ablesoft India Private Limited this company | ₹16,271 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Sampriti Vincom Private Limited | ₹16,200 (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Avant Electronics & Computers Private Limited | ₹15,750 (FY 2016) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Sksy 16 Solutions Private Limited | ₹15,050 (FY 2021) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Adman Technologies Pvt Ltd | ₹15,000 (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Az Medscript Private Limited | ₹15,000 (FY 2021) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ablesoft India by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ablesoft India Private Limited
Ablesoft India Private Limited is audited by Hemanth Jain and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hemanth Jain and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ablesoft India Private Limited
Ablesoft India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minkwon Jeong | Director | 09 Nov 2022 | 3 Years 10 Months | Current |
| Huijeong Jeong | Director | 09 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Ablesoft India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ablesoft India Private Limited
Ablesoft India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ablesoft India Private Limited
Ablesoft India Private Limited has a workforce of 0 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ablesoft India Private Limited
Ablesoft India Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Murugesh Shiva ceased to be Director on 30 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ablesoft India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ablesoft India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ablesoft India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ablesoft India Private Limited
Ablesoft India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCA8656N1ZE | Karnataka | Active | 02 Mar 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ablesoft India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ablesoft India Private Limited
Ablesoft India is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Ablesoft India is a dormant foreign private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 09 November 2022 and is registered under CIN U72900KA2022FTC167689. The company is legally registered but not currently conducting business.
Ablesoft India has 2 current directors:
- Minkwon Jeong - Director
- Huijeong Jeong - Director
The CIN (Corporate Identification Number) of Ablesoft India is U72900KA2022FTC167689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ablesoft India was incorporated on 09 November 2022. It is registered with the Registrar of Companies, Bangalore.
The registered office of Ablesoft India is at No. 661 A Block 302 3rd Flr Miraya Rose Siddapura Village Varthur Hobli, Bangalore, Karnataka, India – 560066.
Ablesoft India reported revenue of ₹16,271 for FY 2024.
Ablesoft India has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.
Ablesoft India reported a net loss of ₹4.07 Lakh and EBITDA of -₹4.07 Lakh for FY 2024, as per its filed financial statements.
The GSTIN of Ablesoft India is 29AAXCA8656N1ZE, registered in Karnataka.
Ablesoft India operates in the information technology industry, in the IT products retail and distribution segment.