About Saxon Software Technologies Private Limited
Data last updated:
Saxon Software Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Saxon Global Inc. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 August 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC040138. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Wit Innovation Technologies Private Limited. It was led by directors Pulluri Srinivas (Whole-Time Director) and Ajit Nargund Yelgurdrao.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at H.No.356.2nd Floor 7th Cross Telecom Layout Pennfield Garden Jakkur Post Yelahanka, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.33 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹3.01 Lakh (net margin -226.2%) and EBITDA of -₹3.01 Lakh (EBITDA margin -226.2%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in February 2014. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Lavish Traders Private Limited with revenue of ₹1.35 Lakh.
The last known website on record is saxonglobal.com.
Company details
Contact details
Saxon Software Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is saxonglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No.356.2nd Floor 7th Cross Telecom Layout Pennfield Garden Jakkur Post Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Saxon Software Technologies Private Limited, buy the company report.
- 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
Financials of Saxon Software Technologies Private Limited
FY 2018 filings availableSaxon Software Technologies Private Limited reported revenue of ₹1.33 Lakh (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over three years, including a 65% fall in the latest year. EBITDA rose 1% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.33 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.01 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.01 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -226.2% | |||
| Net Profit Margin | -226.2% | |||
| 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 Saxon Software Technologies Private Limited, buy the company report.
Board of directors of Saxon Software Technologies Private Limited
Saxon Software Technologies has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulluri Srinivas | Whole-Time Director | 01 Apr 2014 | 12 Years 6 Months | As last reported |
| Ajit Nargund Yelgurdrao | Additional Director | 15 Jun 2019 | 7 Years 4 Months | As last reported |
Peer comparison
Saxon Software Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lavish Traders Private Limited | ₹1.35 Lakh (FY 2024) | Delhi, India | ||||
| Expertease Platforms Private Limited | ₹1.35 Lakh (FY 2021) | -79.0% | Mumbai, Maharashtra, India | |||
| Sitara IT Innovations Private Limited | ₹1.34 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Gensplore Infotech Private Limited | ₹1.34 Lakh (FY 2024) | 20.0% | Kolkata, West Bengal, India | |||
| Satkartar Softech Private Limited | ₹1.34 Lakh (FY 2024) | -10.0% | Delhi, India | |||
| Saxon Software Technologies Private Limitedthis company | ₹1.33 Lakh (FY 2018) | -₹3.01 Lakh | -226.2% | -65.0% | Bangalore, Karnataka, India | |
| Rhyive Software Private Limited | ₹1.33 Lakh (FY 2023) | -70.0% | Hyderabad, Telangana, India | |||
| Aatulyaa IT Solutions Private Limited | ₹1.33 Lakh (FY 2025) | -66.0% | Ghaziabad, Uttar Pradesh, India | |||
| Fins Software India Private Limited | ₹1.32 Lakh (FY 2023) | -75.0% | Ernakulam, Kerala, India | |||
| Encapz Technologies Private Limited | ₹1.32 Lakh (FY 2023) | -7.0% | Hyderabad, Telangana, India | |||
| Ossna IT Services Private Limited | ₹1.32 Lakh (FY 2019) | -93.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Saxon Software Technologies Private Limited, buy the company report.
Auditor
Saxon Software Technologies Private Limited is audited by S S B & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S B & ASSOCIATES | FY 2018 | 010372S |
Shareholding
The shareholding of Saxon Software Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saxon Software Technologies Private Limited, buy the company report.
Deals & funding
Saxon Software Technologies Private Limited has 1 deal on record (1 acquisition); the latest was in February 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Acquisition | Undisclosed | Buyer: Saxon Global Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saxon Software Technologies Private Limited has 1 court case on record: 1 filed by Saxon Software Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Saxon Software Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saxon Software Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saxon Software Technologies Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Saxon Software Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saxon Software Technologies Private Limited, buy the company report.
Recent activity
Saxon Software Technologies Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Gopikrishna Kandukuri ceased to be Whole-Time Director on 23 Jul 2019.
1 earlier event is in the company report.
Frequently asked questions
Saxon Software Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Saxon Software Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 04 August 2006 and is registered under CIN U72200KA2006PTC040138. The company has been struck off by the Registrar of Companies and is no longer operational.
Saxon Software Technologies had 2 directors:
- Pulluri Srinivas - Whole-Time Director
- Ajit Nargund Yelgurdrao - Additional Director
The CIN (Corporate Identification Number) of Saxon Software Technologies is U72200KA2006PTC040138. 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 Saxon Software Technologies is at H.No.356.2nd Floor 7th Cross Telecom Layout Pennfield Garden Jakkur Post Yelahanka, Bangalore, Karnataka, India – 560064.
Saxon Software Technologies was incorporated on 04 August 2006. It is registered with the Registrar of Companies, Bangalore.
Saxon Software Technologies can be reached through the website saxonglobal.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Saxon Software Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Saxon Software Technologies has 1 GST registration on record and it is cancelled or inactive.
Saxon Software Technologies operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Saxon Software Technologies has 1 deal on record (1 acquisition); the latest was in February 2014.
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