Socash India Private Limited

Socash India Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2017FTC315647 Incorporated 06 April 2017 ROC Delhi HQ New Delhi, Delhi, India
Active Foreign Private Limited Company information technology Startup India
Data last updated
Revenue · FY 2023
₹4.24 Cr
▼ 43% YoY
Net profit · FY 2023
₹44.06 Lakh
Net margin 10.4%
EBITDA · FY 2023
₹60.06 Lakh
EBITDA margin 14.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings

About Socash India Private Limited

Data last updated:

Socash India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Socash Pte. Ltd. and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 April 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017FTC315647. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kailash Suresh Gupta and Chintan Doshi.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 1899 Ground Floor Uday Chand Marg Kotla Mubarakpur, New Delhi, Delhi, India – 110049.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.24 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹44.06 Lakh (net margin 10.4%) and EBITDA of ₹60.06 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 26% over five years.

The company has about 6 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Socash.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website socash.io.

Company details

CIN U74999DL2017FTC315647
Registration Number 315647
Incorporation Date 06 April 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Socash Pte. Ltd.
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Socash India

Startup India Government of India

Contact details

Socash India Private Limited's registered office is in New Delhi, Delhi. Its website is socash.io. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    1899 Ground Floor Uday Chand Marg Kotla Mubarakpur, New Delhi, Delhi, India – 110049
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services

To see the full contact details of Socash India Private Limited, buy the company report.

Comprehensive company report
Socash India 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

Socash India operates one associated brand: SOCASH. Each brand links to its own profile.

BrandDescriptionWebsite
Cash withdrawals are enabled through a mobile app platform.socash.io

Business activity

The main business activity of Socash India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

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

Financials of Socash India Private Limited

FY 2023 filings available

Socash India Private Limited reported revenue of ₹4.24 Cr (down 43% YoY) for FY 2023.

Revenue · FY 2023
₹4.24 Cr ▼ 43%
Net profit · FY 2023
₹44.06 Lakh margin 10.4%
EBITDA · FY 2023
₹60.06 Lakh margin 14.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 10%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 11%
5 years · compounded
▲ 43%

Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 41% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4.24 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹60.06 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹44.06 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin14.2%
Net Profit Margin10.4%
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 Socash India Private Limited, buy the company report.

Board of directors of Socash India Private Limited

Socash India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kailash Suresh GuptaAdditional Director15 Aug 20242 Years 2 MonthsCurrent
Chintan DoshiAdditional Director30 Aug 20242 Years 2 MonthsCurrent

Auditor

Socash India Private Limited is audited by Lodha & Bhatt for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Lodha & BhattFY 2023016505S

Shareholding

The shareholding of Socash India 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 Socash India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Socash India Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-40%

GST

Socash India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

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

Recent activity

Socash India Private Limited has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Chintan Doshi was appointed as Additional Director on 30 Aug 2024.

Appointed
Chintan Doshi was appointed as Additional Director.
Appointed
Kailash Suresh Gupta was appointed as Additional Director.
AGM
Socash India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Velmurugan Kanniappan ceased to be Additional Director.
Filing
Socash India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Amar Khullar ceased to be Additional Director.
Ceased
Joji Mathew ceased to be Additional Director.
Ceased
Sudhir Nair ceased to be Director.
Ceased
Kavitha Vinayak Mahamankar ceased to be Director.
Ceased
Hari Palaparambil Sivan ceased to be Director.
Ceased
Prakash Bhagat Kumar ceased to be Director.
Incorporation
06 Apr 2017
Socash India Private Limited was registered on 06 Apr 2017 with Roc Delhi & aged 9 years 6 months as per MCA records.

Frequently asked questions

Socash India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 April 2017 (9+ years old) and is registered under CIN U74999DL2017FTC315647.

Socash India has 2 current directors:

The latest financial statements of Socash India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

No. Socash India has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Socash India is U74999DL2017FTC315647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Socash India was incorporated on 06 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

Chintan Doshi was appointed as Additional Director on 30 Aug 2024. Kailash Suresh Gupta was appointed as Additional Director on 15 Aug 2024. Velmurugan Kanniappan ceased to be Additional Director on 29 Sep 2023. Socash India has 9 board changes on record in total.

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

Socash India can be reached through the website socash.io. Its registered office is in New Delhi, Delhi, India.

The registered office of Socash India is at 1899 Ground Floor Uday Chand Marg Kotla Mubarakpur, New Delhi, Delhi, India – 110049.