Gsoft Services Private Limited
About Gsoft Services Private Limited
Data last updated:
Gsoft Services Private Limited was a private limited company based in Chengalpattu, Tamil Nadu, India, operated as a subsidiary of Servian Group Holdings Pty Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 August 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2014PTC172996. Its GSTIN is 29AAFCG6917Q1ZS (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Thirumalai Narayanan and Varrier Rajesh.
Its last annual general meeting (AGM) was held on 22 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Sipcot IT Park, Chengalpattu, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.18 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 11.1%) and EBITDA of ₹3.3 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 43% over five years.
The company had about 75 employees on its provident fund (EPFO) records before it was dissolved.
Company details
CIN history
Gsoft Services has one previous CIN (Corporate Identification Number): U72200KA2014PTC075657. The current CIN is U72200TN2014PTC172996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TN2014PTC172996 | Current |
| U72200KA2014PTC075657 | Previous |
Contact details
Gsoft Services Private Limited's registered office is in Chengalpattu, Tamil Nadu.
- Registered AddressGround Floor Sdb 1 Plot No. H – 4, Sipcot IT Park Siruseri, Chengalpattu, Tamil Nadu, India – 603103
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business activity
The main business activity of Gsoft Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Gsoft Services Private Limited, buy the company report.
Financials of Gsoft Services Private Limited
FY 2024 filings availableGsoft Services Private Limited reported revenue of ₹20.18 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 3% growth 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
| 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 | ₹3.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.25 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | ||||
| Net Profit Margin | 11.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Gsoft Services Private Limited, buy the company report.
Board of directors of Gsoft Services Private Limited
Gsoft Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varrier Rajesh | Additional Director | 10 Sep 2024 | 2 Years 2 Months | As last reported |
| Thirumalai Narayanan | Director | 08 Jun 2023 | 3 Years 5 Months | As last reported |
| Manish Singhvi | Additional Director | 13 Dec 2024 | 1 Years 11 Months | As last reported |
Peer comparison
Gsoft Services Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Herald Logic Private Limited | ₹20.37 Cr (FY 2023) | 74.0% | Mumbai, Maharashtra, India | |||
| Gsoft Services Private Limitedthis company | ₹20.18 Cr (FY 2024) | ₹2.25 Cr | 11.1% | 3.0% | Chengalpattu, Tamil Nadu, India | |
| Qaagility Technologies Private Limited | ₹20.08 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Zolon Tech Ltd | ₹19.99 Cr (FY 2024) | 18.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Gsoft Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gsoft Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gsoft Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gsoft Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCG6917Q1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gsoft Services Private Limited, buy the company report.
Recent activity
Gsoft Services Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Manish Singhvi was appointed as Additional Director on 13 Dec 2024.
1 earlier event is in the company report.
Frequently asked questions
Gsoft Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Gsoft Services was a private limited company based in Chengalpattu, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 05 August 2014 and is registered under CIN U72200TN2014PTC172996. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Gsoft Services was incorporated on 05 August 2014. It is registered with the Registrar of Companies, Chennai.
Gsoft Services had 3 directors:
- Varrier Rajesh - Additional Director
- Thirumalai Narayanan - Director
- Manish Singhvi - Additional Director
The CIN (Corporate Identification Number) of Gsoft Services is U72200TN2014PTC172996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gsoft Services is at Ground Floor Sdb 1 Plot No. H – 4, Sipcot IT Park Siruseri, Chengalpattu, Tamil Nadu, India – 603103.
The latest financial statements of Gsoft Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 22 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gsoft Services is 29AAFCG6917Q1ZS, registered in Karnataka.
Gsoft Services operated in the information technology industry, in the IT consulting and support services segment.
The peers of Gsoft Services by revenue are Herald Logic Private Limited, Qaagility Technologies Private Limited, Zolon Tech Ltd, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Manish Singhvi was appointed as Additional Director on 13 Dec 2024. Varrier Rajesh was appointed as Additional Director on 10 Sep 2024. Hari Hara Subramanian Paruthipully Krishnan ceased to be Additional Director on 29 Sep 2023. Gsoft Services has 10 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
