About Socialyte Software Private Limited (OPC)
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Socialyte Software Private Limited (OPC) was a one person company based in Hyderabad, Telangana, India. 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 software development and support services segment of the technology and IT services sector. It was incorporated on 06 January 2016.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2016OPC102599. Its GSTIN is 36AAWCS6786Q1ZT (Telangana).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by director Praveen Kumar Kantem.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.89 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹20.17 Lakh (net margin -255.7%) and EBITDA of -₹19.77 Lakh (EBITDA margin -250.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 64% over five years.
The last known website on record is socialmediawall.io.
Company details
Contact details
Socialyte Software Private Limited (OPC)'s registered office is in Hyderabad, Telangana. Its website is socialmediawall.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 201 H.No. 6 – 3 – 595/11 Tirumala Padmavathi Nagar Colony Anand Nagar Kh, Airatabad, Hyderabad, Telangana, India – 500004
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Socialyte Software Private Limited (OPC), 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
Business activity
The main business activity of Socialyte Software Private Limited (OPC) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Socialyte Software Private Limited (OPC), buy the company report.
Financials of Socialyte Software Private Limited (OPC)
FY 2022 filings availableSocialyte Software Private Limited (OPC) reported revenue of ₹7.89 Lakh (down 66% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.89 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.17 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -250.6% | ||||
| Net Profit Margin | -255.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Socialyte Software Private Limited (OPC), buy the company report.
Board of directors of Socialyte Software Private Limited (OPC)
Socialyte Software Private Limited (OPC) has 1 current director and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Kantem | Director | 09 Jul 2022 | 4 Years 3 Months | As last reported |
Peer comparison
Socialyte Software Private Limited (OPC) is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tinkerbox Technology Private Limited | ₹7.95 Lakh (FY 2024) | Gurgaon, Haryana, India | ||||
| Socialyte Software Private Limited (OPC)this company | ₹7.89 Lakh (FY 2022) | -₹20.17 Lakh | -255.7% | -66.0% | Hyderabad, Telangana, India | |
| White Oak Interactive Private Limited | ₹7.86 Lakh (FY 2021) | -32.0% | Thane, Maharashtra, India | |||
| Squarewave Infotech Private Limited | ₹7.76 Lakh (FY 2022) | -5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Socialyte Software Private Limited (OPC), buy the company report.
Auditor
Socialyte Software Private Limited (OPC) is audited by ANANT RAO & MALLIK for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANT RAO & MALLIK | FY 2019 | 006266S |
Shareholding
The shareholding of Socialyte Software Private Limited (OPC) is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Socialyte Software Private Limited (OPC), buy the company report.
Legal cases
No court or tribunal cases involving Socialyte Software Private Limited (OPC) 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 Socialyte Software Private Limited (OPC); the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Socialyte Software Private Limited (OPC) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWCS6786Q1ZT | Telangana | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Socialyte Software Private Limited (OPC), buy the company report.
Recent activity
Socialyte Software Private Limited (OPC) has 2 board changes on record since 2022: 1 appointment and 1 cessation. The latest: Praveen Kumar Kantem was appointed as Director on 09 Jul 2022.
Frequently asked questions
Socialyte Software Private Limited (OPC) 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.
Socialyte Software Private Limited (OPC) was a company based in Hyderabad, Telangana, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 06 January 2016 and is registered under CIN U72200TG2016OPC102599. The company has been struck off by the Registrar of Companies and is no longer operational.
Socialyte Software Private Limited (OPC) had 1 director:
- Praveen Kumar Kantem - Director
The CIN (Corporate Identification Number) of Socialyte Software Private Limited (OPC) is U72200TG2016OPC102599. 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 Socialyte Software Private Limited (OPC) is at Flat No. 201 H.No. 6 – 3 – 59511 Tirumala Padmavathi Nagar Colony Anand Nagar Kh, Airatabad, Hyderabad, Telangana, India – 500004.
Socialyte Software Private Limited (OPC) was incorporated on 06 January 2016. It is registered with the Registrar of Companies, Hyderabad.
Socialyte Software Private Limited (OPC) can be reached through the website socialmediawall.io. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Socialyte Software Private Limited (OPC) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Socialyte Software Private Limited (OPC) is 36AAWCS6786Q1ZT, registered in Telangana.
Socialyte Software Private Limited (OPC) operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
The peers of Socialyte Software Private Limited (OPC) by revenue are Tinkerbox Technology Private Limited, White Oak Interactive Private Limited, Squarewave Infotech Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other professional, scientific and technical activities).
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