About Codered Softwares Private Limited
Data last updated:
Codered Softwares Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2014PTC151618. Its GSTIN is 27AAFCD0682H1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dreamrace Softwares Private Limited. It is led by directors Pallavi Dnyandev Shitole and Kashinath Dnyandeo Shitole.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ridam Park Building No. A Flat No. 1 Samarth Nagar Daund, Pune, Maharashtra, India – 413801.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.65 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹3.16 Lakh (net margin -191.6%) and EBITDA of -₹3.1 Lakh (EBITDA margin -187.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.
The company is associated with 2 brands: CoderedSoftwares and Sahyadriedu.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coderedsoftwares.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRidam Park Building No. A Flat No. 1 Samarth Nagar Daund, Pune, Maharashtra, India – 413801
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Codered Softwares Private Limited
The main business activity of Codered Softwares is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Codered Softwares Private Limited FY 2025 filings available
Codered Softwares Private Limited reported revenue of ₹1.65 Lakh (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Codered Softwares Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 60% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Codered Softwares Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.16 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 Codered Softwares Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -187.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -191.6% | •••• | •••• | •••• | •••• |
| 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 Codered Softwares are in the company report.
Financial statements from 2015
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 Codered Softwares Private Limited
Codered Softwares Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Findots Services Private Limited | ₹1.66 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Querencia Technovatives Private Limited | ₹1.66 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Bharatpur, Rajasthan, India |
| Hexawiz Private Limited | ₹1.66 Lakh (FY 2024) | •••• | •••• | •••• | Mangalore, Karnataka, India | |
| Banva Technologies Service Private Limited | ₹1.66 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Cluster Innovation Hub Private Limited | ₹1.65 Lakh (FY 2025) | •••• | •••• | 98.0% | •••• | Kodungallur, Kerala, India |
| Codered Softwares Private Limited this company | ₹1.65 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Pune, Maharashtra, India |
| Cak Consulting Private Limited | ₹1.65 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Digit Mantra Solutions Private Limited | ₹1.64 Lakh (FY 2017) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Equiconsulting Services Private Limited | ₹1.64 Lakh (FY 2024) | •••• | •••• | •••• | Sonarpur, West Bengal, India | |
| Hummingle Technology and Media Private Limited | ₹1.64 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Coimbatore, Tamil Nadu, India |
| Orbmix Technologies Private Limited | ₹1.64 Lakh (FY 2018) | •••• | •••• | 183.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Codered Softwares by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Codered Softwares Private Limited
Auditor information for Codered Softwares Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Codered Softwares Private Limited
Codered Softwares has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Dnyandev Shitole Also directs: Legalmint LLP | Director | 27 Jun 2014 | 12 Years 3 Months | Current |
| Kashinath Dnyandeo Shitole | Director | 27 Jun 2014 | 12 Years 3 Months | Current |
Ownership and Shareholding of Codered Softwares 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 Codered Softwares Private Limited
Codered Softwares Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Codered Softwares Private Limited
Codered Softwares operates two associated brands: CoderedSoftwares and Sahyadriedu. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides software development, web design, mobile apps, and digital marketing services. | coderedsoftwares.com | |
| Offers educational programs, skill development, and social welfare in Pune. | sahyadriedu.in |
Employees and EPFO Compliance at Codered Softwares Private Limited
Employment history and EPFO contributions of people linked to Codered Softwares.
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 Codered Softwares Private Limited
Codered Softwares Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Kashinath Dnyandeo Shitole was appointed as Director on 27 Jun 2014.
Credit Ratings, Litigation & Regulatory Alerts for Codered Softwares 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 Codered Softwares 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 Codered Softwares 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 Codered Softwares Private Limited
Codered Softwares has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD0682H1ZO | Maharashtra | Active | 24 Aug 2017 |
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 Codered Softwares 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 Codered Softwares Private Limited
Codered Softwares is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 June 2014 (12+ years old) and is registered under CIN U72900PN2014PTC151618.
Codered Softwares reported revenue of ₹1.65 Lakh for FY 2024 (down 60% YoY).
Codered Softwares has 2 current directors:
- Pallavi Dnyandev Shitole - Director
- Kashinath Dnyandeo Shitole - Director
Codered Softwares reported a net loss of ₹3.16 Lakh (net margin -191.6%) and EBITDA of -₹3.1 Lakh (EBITDA margin -187.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codered Softwares is -7% over three years and -18% over five years. In the latest year (FY 2024) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codered Softwares is 27AAFCD0682H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Codered Softwares is U72900PN2014PTC151618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codered Softwares was incorporated on 27 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Codered Softwares by revenue are Findots Services Private Limited, Querencia Technovatives Private Limited, Hexawiz Private Limited, Banva Technologies Service Private Limited, Cluster Innovation Hub Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Kashinath Dnyandeo Shitole was appointed as Director on 27 Jun 2014. Pallavi Dnyandev Shitole was appointed as Director on 27 Jun 2014.
Yes, Codered Softwares is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).