Simsol Technologies & Services Private Limited

Simsol Technologies & Services Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2011PTC213255 Incorporated 10 February 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹2.28 Cr
▼ 28% YoY
Net loss · FY 2025
₹11.18 Lakh
Net margin -4.9%
EBITDA · FY 2025
₹1.27 Cr
EBITDA margin 55.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
27
Provident fund records
Directors on board
4
As per MCA filings

About Simsol Technologies & Services Private Limited

Data last updated:

Simsol Technologies & Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 February 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2011PTC213255. Its GSTIN is 27AAPCS3580H1ZW (Maharashtra).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Lakh. It is led by directors including Deepak Tripunitura Ramachandran Kumar (Managing Director) and Shanthy Deepak.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 704 Onyx Nirmal Lifestyle Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹11.18 Lakh (net margin -4.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 55.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 32% over five years.

The company has about 27 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Simple Solution Technologies and SimSol Technologies & Services.

Simsol Technologies & Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0048164). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simsol.in.

Company details

CIN U72900MH2011PTC213255
Registration Number 213255
Incorporation Date 10 February 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0048164

Recognitions & Rankings of Simsol Technologies & Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0048164

Contact details

Simsol Technologies & Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is simsol.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    704 Onyx Nirmal Lifestyle Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services

To see the full contact details of Simsol Technologies & Services Private Limited, buy the company report.

Comprehensive company report
Simsol Technologies & Services Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Simsol Technologies & Services operates two associated brands: Simple Solution Technologies and SimSol Technologies & Services. Each brand links to its own profile.

BrandDescriptionWebsite
Develops configurable software for lending and banking operations.simsoltech.com
Banking software suite for automation and payment solutions is offered.simsol.in

Business activity

The main business activity of Simsol Technologies & Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Simsol Technologies & Services Private Limited, buy the company report.

Financials of Simsol Technologies & Services Private Limited

FY 2024 filings available

Simsol Technologies & Services Private Limited reported revenue of ₹2.28 Cr (down 28% YoY) for FY 2025.

Revenue · FY 2025
₹2.28 Cr ▼ 28%
Net loss · FY 2025
₹11.18 Lakh margin -4.9%
EBITDA · FY 2025
₹1.27 Cr margin 55.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 11%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 94%
5 years · compounded
▲ 33%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 33% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹11.18 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin55.8%
Net Profit Margin-4.9%
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 Simsol Technologies & Services Private Limited, buy the company report.

Board of directors of Simsol Technologies & Services Private Limited

Simsol Technologies & Services has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Tripunitura Ramachandran KumarManaging Director10 Feb 201115 Years 8 MonthsCurrent
Shanthy DeepakDirector10 Feb 201115 Years 8 MonthsCurrent
Ravi NarayananDirector06 Mar 20179 Years 7 MonthsCurrent
Dishant IyerDirector10 Mar 20179 Years 7 MonthsCurrent

Peer comparison

Simsol Technologies & Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Elysian Freight Private Limited₹2.29 Cr (FY 2025)288.0%Mohali, Punjab, India
Ifixedit Private Limited₹2.29 Cr (FY 2025)32.0%Gurgaon, Haryana, India
Rajdeep Publicity Private Limited₹2.29 Cr (FY 2025)-5.0%Ahmednagar, Maharashtra, India
Bim and Dez Service Private Limited₹2.29 Cr (FY 2025)66.0%Chennai, Tamil Nadu, India
Hello Founder Infomedia Private Limited₹2.29 Cr (FY 2025)945.0%Ghaziabad, Uttar Pradesh, India
Simsol Technologies & Services Private Limitedthis company₹2.28 Cr (FY 2025)-₹11.18 Lakh-4.9%-28.0%27Mumbai, Maharashtra, India
Smashing Infolabs Private Limited₹2.28 Cr (FY 2023)127.0%Indore, Madhya Pradesh, India
Sugi Infotech Private Limited₹2.28 Cr (FY 2024)13.0%Madurai, Tamil Nadu, India
Synactive India Private Limited₹2.28 Cr (FY 2023)44.0%Hyderabad, Telangana, India
Adiyogi Fintech Private Limited₹2.28 Cr (FY 2024)-33.0%Jodhpur, Rajasthan, India
Action Advertising Private Limited₹2.28 Cr (FY 2024)-47.0%Hyderabad, Telangana, India

To see the full peer comparison of Simsol Technologies & Services Private Limited, buy the company report.

Auditor

Simsol Technologies & Services Private Limited is audited by Mahadev Desai Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Mahadev Desai AssociatesFY 2023041280

Shareholding

The shareholding of Simsol Technologies & Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Simsol Technologies & Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Simsol Technologies & Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Simsol Technologies & Services Private Limited has a workforce of 27 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
12.5%

GST

Simsol Technologies & Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAPCS3580H1ZWMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Simsol Technologies & Services Private Limited, buy the company report.

Recent activity

Simsol Technologies & Services Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Sabhajeet Shyamkunwar Giri ceased to be Additional Director on 31 May 2023.

AGM
Simsol Technologies & Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Simsol Technologies & Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Sabhajeet Shyamkunwar Giri ceased to be Additional Director.
Ceased
Dishant Iyer ceased to be Additional Director.
Ceased
Gopinath Chittoor Seshadri ceased to be Additional Director.
Ceased
Ravi Narayanan ceased to be Additional Director.
Appointed
Dishant Iyer was appointed as Director.
Appointed
Ravi Narayanan was appointed as Director.
Appointed
Deepak Tripunitura Ramachandran Kumar was appointed as Managing Director.
Appointed
Shanthy Deepak was appointed as Director.
Incorporation
10 Feb 2011
Simsol Technologies & Services Private Limited was registered on 10 Feb 2011 with Roc Mumbai & aged 15 years 8 months as per MCA records.

Frequently asked questions

Simsol Technologies & Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 February 2011 (15+ years old) and is registered under CIN U72900MH2011PTC213255.

Simsol Technologies & Services has 4 current directors:

The latest financial statements of Simsol Technologies & Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Simsol Technologies & Services is 27AAPCS3580H1ZW, registered in Maharashtra.

The CIN (Corporate Identification Number) of Simsol Technologies & Services is U72900MH2011PTC213255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Simsol Technologies & Services was incorporated on 10 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Simsol Technologies & Services by revenue are Elysian Freight Private Limited, Ifixedit Private Limited, Rajdeep Publicity Private Limited, Bim and Dez Service Private Limited, Hello Founder Infomedia Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Sabhajeet Shyamkunwar Giri ceased to be Additional Director on 31 May 2023. Dishant Iyer ceased to be Additional Director on 29 Sep 2017. Gopinath Chittoor Seshadri ceased to be Additional Director on 29 Sep 2017. Simsol Technologies & Services has 8 board changes on record in total.

Yes, Simsol Technologies & Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0048164).

Simsol Technologies & Services can be reached through the website simsol.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Simsol Technologies & Services is at 704 Onyx Nirmal Lifestyle Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.