Soc Optimum Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2016PTC097870 Incorporated 17 November 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology Startup India MSME · Micro
Revenue · FY 2024
₹2.71 Lakh
▲ 804% YoY
Net loss · FY 2024
₹31.59 Lakh
Latest filing
EBITDA · FY 2024
-₹30.33 Lakh
Latest filing
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.48 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Soc Optimum Private Limited

Data last updated:

Soc Optimum Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 17 November 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC097870. Its GSTIN is 29AAXCS8687D1ZA (Karnataka).

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors Venkat Rao Vallapaneni and Venkata Satya Sai Prasad Avasarala.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹31.59 Lakh and EBITDA of -₹30.33 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 23% over five years.

The company has 1 deal on record (1 secondary share transfer); the latest was in February 2020.

Soc Optimum Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002467). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website socoptimum.com.

Company details

CIN U72900KA2016PTC097870
Registration Number 097870
Incorporation Date 17 November 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0002467

Recognitions & Rankings of Soc Optimum

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0002467

Contact details

Soc Optimum Private Limited's registered office is in Bangalore, Karnataka. Its website is socoptimum.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.1206 3rd Floor, 22nd Croos 14th Main 3rd Sector Club Road, Bangalore, Karnataka, India – 560102
  • Industry
    Information Technology, Semiconductor Products & Services

To see the full contact details of Soc Optimum Private Limited, buy the company report.

Comprehensive company report
Soc Optimum 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
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Business activity

The main business activity of Soc Optimum is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Soc Optimum Private Limited, buy the company report.

Financials of Soc Optimum Private Limited

FY 2024 filings available

Soc Optimum Private Limited reported revenue of ₹2.71 Lakh (up 804% YoY) for FY 2024.

Revenue · FY 2024
₹2.71 Lakh ▲ 804%
Net loss · FY 2024
₹31.59 Lakh
EBITDA · FY 2024
-₹30.33 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 804%
3 years · compounded
▲ 62%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 211%
3 years · compounded
▼ 7%
5 years · compounded
▼ 32%

Revenue rose 804% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA fell 211% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹30.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹31.59 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Soc Optimum Private Limited, buy the company report.

Board of directors of Soc Optimum Private Limited

Soc Optimum has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkat Rao VallapaneniDirector21 Nov 20169 Years 11 MonthsCurrent
Venkata Satya Sai Prasad AvasaralaDirector02 Apr 20188 Years 7 MonthsCurrent

Auditor

Soc Optimum Private Limited is audited by Akasam and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Akasam and AssociatesFY 2023218888

Shareholding

The shareholding of Soc Optimum 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 Soc Optimum Private Limited, buy the company report.

Deals & funding

Soc Optimum Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2020.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Soc Optimum has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAXCS8687D1ZAKarnatakaActive22 Aug 2017

To see the full GST registrations and return filing status of Soc Optimum Private Limited, buy the company report.

Recent activity

Soc Optimum Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Hardik Girish Shah ceased to be Director on 05 Feb 2024.

AGM
Soc Optimum Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Soc Optimum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Hardik Girish Shah ceased to be Director.
Ceased
Vinay Kumar Dasarapu ceased to be Director.
Ceased
Padma Katta ceased to be Director.
Ceased
Surendra Sabbella Reddy ceased to be Director.
Appointed
Venkata Satya Sai Prasad Avasarala was appointed as Director.
Ceased
Venkat Rao Vallapaneni ceased to be Additional Director.
Appointed
Venkat Rao Vallapaneni was appointed as Director.
Incorporation
17 Nov 2016
Soc Optimum Private Limited was registered on 17 Nov 2016 with Roc Bangalore & aged 9 years 11 months as per MCA records.

Frequently asked questions

Soc Optimum is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 17 November 2016 (10+ years old) and is registered under CIN U72900KA2016PTC097870.

Soc Optimum has 2 current directors:

The latest financial statements of Soc Optimum 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 FY 2017 are in the company report.

The GSTIN of Soc Optimum is 29AAXCS8687D1ZA, registered in Karnataka.

The CIN (Corporate Identification Number) of Soc Optimum is U72900KA2016PTC097870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Soc Optimum was incorporated on 17 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Soc Optimum has 1 deal on record (1 secondary share transfer); the latest was in February 2020.

Hardik Girish Shah ceased to be Director on 05 Feb 2024. Vinay Kumar Dasarapu ceased to be Director on 28 Dec 2018. Padma Katta ceased to be Director on 12 Jun 2018. Soc Optimum has 7 board changes on record in total.

Yes, Soc Optimum is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Soc Optimum is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0002467).