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Positiwise Software Private Limited - information technology in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2023
₹3.61 Cr
▲ 104% YoY
Net profit · FY 2023
₹37.82 Lakh
Net margin 10.5%
EBITDA · FY 2023
₹88.95 Lakh
EBITDA margin 24.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Positiwise Software Private Limited
Data last updated:
Positiwise Software Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 November 2020.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC118077. Its GSTIN is 24AALCP5790N1ZO (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Chandrakant Shivlal Mehta and Janki Parag Mehta.
Its last annual general meeting (AGM) was held on 27 April 2024, and its latest financial statements are for the year ended 31 December 2023. The registered office was at 713 Shilp Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.61 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹37.82 Lakh (net margin 10.5%) and EBITDA of ₹88.95 Lakh (EBITDA margin 24.6%).
The company was associated with 1 brand: Positiwise.
The last known website on record is positiwise.com.
Company Details of Positiwise Software Private Limited
CIN U72900GJ2020PTC118077
Registration Number 118077
Incorporation Date 07 November 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 27 April 2024
Date of Balance Sheet 31 December 2023
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Positiwise Software
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressBlock B – 713 Shilp Corporate Park, B/S Aaron Spectra Opp. Rajpath Club, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions
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Associated Brands with Positiwise Software Private Limited
Positiwise Software operates one associated brand: Positiwise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers expert software and e-commerce development, along with web security and cloud services. | positiwise.com |
Financials of Positiwise Software Private Limited FY 2023 filings available
Positiwise Software Private Limited reported revenue of ₹3.61 Cr (up 104% YoY) for FY 2023.
Revenue · FY 2023
₹3.61 Cr ▲ 104%
Net profit · FY 2023
₹37.82 Lakh margin 10.5%
EBITDA · FY 2023
₹88.95 Lakh margin 24.6%
Compounded Annual Growth Rate (CAGR) of Positiwise Software Private Limited
Revenue CAGR growth
1 year
▲ 104%
EBITDA CAGR growth
1 year
▲ 10%
Revenue rose 104% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Positiwise Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | ₹88.95 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹37.82 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 Positiwise Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.6% | •••• | •••• |
| Net Profit Margin | 10.5% | •••• | •••• |
| 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 Positiwise Software are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Positiwise Software Private Limited
Positiwise Software has 2 directors on record. No former directors are listed.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Shivlal Mehta | Director | 07 Nov 2020 | 5 Years 11 Months | As last reported |
| Janki Parag Mehta Also directs: Certera Technologies Private Limited, Certera Forge LLP | Director | 07 Nov 2020 | 5 Years 11 Months | As last reported |
Ownership and Shareholding of Positiwise Software Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Positiwise Software Private Limited
Positiwise Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Positiwise Software Private Limited
Positiwise Software Private Limited has a workforce of 0 employees as of Apr 05, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Positiwise Software Private Limited
Positiwise Software Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chandrakant Shivlal Mehta was appointed as Director on 07 Nov 2020.
AGM
Positiwise Software Private Limited last Annual general meeting of members was held on 27 Apr 2024 as per latest MCA records.
Filing
Positiwise Software Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Ahmedabad.
Appointed
Chandrakant Shivlal Mehta was appointed as Director.
Appointed
Janki Parag Mehta was appointed as Director.
Incorporation
07 Nov 2020
Positiwise Software Private Limited was registered on 07 Nov 2020 with Roc Ahmedabad & aged 5 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Positiwise Software Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Positiwise Software Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Positiwise Software Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Positiwise Software Private Limited
Positiwise Software has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP5790N1ZO | Gujarat | Active | 24 Nov 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Positiwise Software Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Positiwise Software Private Limited
Positiwise Software 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.
Positiwise Software was a private limited company based in Ahmedabad, Gujarat, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 07 November 2020 and is registered under CIN U72900GJ2020PTC118077. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Positiwise Software was incorporated on 07 November 2020. It is registered with the Registrar of Companies, Ahmedabad.
Positiwise Software had 2 directors:
- Chandrakant Shivlal Mehta - Director
- Janki Parag Mehta - Director
The CIN (Corporate Identification Number) of Positiwise Software is U72900GJ2020PTC118077. 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 Positiwise Software is at Block B – 713 Shilp Corporate Park, BS Aaron Spectra Opp. Rajpath Club, Ahmedabad, Gujarat, India – 380054.
Yes, Positiwise Software is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Positiwise Software can be reached through the website positiwise.com. Its registered office is in Ahmedabad, Gujarat, India.
Positiwise Software reported revenue of ₹3.61 Cr for FY 2023 (up 104% YoY).
Positiwise Software has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.