- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0048164

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
Recognitions & Rankings of Simsol Technologies & Services
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 Address704 Onyx Nirmal Lifestyle Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryInformation 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.
- 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
Brands
Simsol Technologies & Services operates two associated brands: Simple Solution Technologies and SimSol Technologies & Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other 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 availableSimsol Technologies & Services Private Limited reported revenue of ₹2.28 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | 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 | ₹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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.8% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Tripunitura Ramachandran Kumar Also directs: Maanaveeya Development & Finance Private Limited | Managing Director | 10 Feb 2011 | 15 Years 8 Months | Current |
| Shanthy Deepak | Director | 10 Feb 2011 | 15 Years 8 Months | Current |
| Ravi Narayanan | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Dishant Iyer | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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% | 27 | Mumbai, 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 firm | Financial year | Firm registration number |
|---|---|---|
| Mahadev Desai Associates | FY 2023 | 041280 |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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.
Legal cases
No court or tribunal cases involving Simsol Technologies & 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 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.
GST
Simsol Technologies & Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS3580H1ZW | Maharashtra | Active | 01 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.
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:
- Deepak Tripunitura Ramachandran Kumar - Managing Director
- Shanthy Deepak - Director
- Ravi Narayanan - Director
- Dishant Iyer - Director
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.