About Storsimple Software Private Limited
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Storsimple Software Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Relevance Lab Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 July 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC059432. Its GSTIN is 29AAQCS0300Q1ZW (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ruchi Kapoor and Puneet Kumar Chaddah.
Its last annual general meeting (AGM) was held on 16 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹12.25 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Lakh (net margin 17.7%) and EBITDA of ₹2.91 Lakh (EBITDA margin 23.8%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
The last known website on record is relevancelab.com.
Company details
Contact details
Storsimple Software Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressBuilding – 2 4 Floor Prestige Technostar Brookefield Main Road Doddanekundi Industrial Area W, Hitefield, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Storsimple Software 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
Business activity
The main business activity of Storsimple Software is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Storsimple Software Private Limited, buy the company report.
Financials of Storsimple Software Private Limited
FY 2020 filings availableStorsimple Software Private Limited reported revenue of ₹12.25 Lakh (down 74% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 74% fall in the latest year. EBITDA fell 73% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹2.91 Lakh | ||||
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| Net Profit (PAT) | ₹2.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Storsimple Software Private Limited, buy the company report.
Board of directors of Storsimple Software Private Limited
Storsimple Software has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchi Kapoor Also directs: Urh Educational LLP | Director | 25 Feb 2019 | 7 Years 7 Months | As last reported |
| Puneet Kumar Chaddah | Director | 19 Aug 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Storsimple Software Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Webchink Private Limited | ₹12.28 Lakh (FY 2024) | 675.0% | Ranchi, Jharkhand, India | |||
| Skydivine Solutions (OPC) Private Limited | ₹12.27 Lakh (FY 2023) | 240.0% | Pune, Maharashtra, India | |||
| Masaheb Infotech Private Limited | ₹12.26 Lakh (FY 2024) | -12.0% | Pune, Maharashtra, India | |||
| Aspl Ventures Private Limited | ₹12.26 Lakh (FY 2025) | 72.0% | Erode, Tamil Nadu, India | |||
| Bitronics Private Limited | ₹12.26 Lakh (FY 2025) | -74.0% | Hyderabad, Telangana, India | |||
| Storsimple Software Private Limitedthis company | ₹12.25 Lakh (FY 2020) | ₹2.16 Lakh | 17.7% | -74.0% | Bangalore, Karnataka, India | |
| Enrich Web Technologies Private Limited | ₹12.22 Lakh (FY 2015) | -6.0% | Aurangabad, Maharashtra, India | |||
| Eprognox Tech Private Limited | ₹12.21 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Aapastech Private Limited | ₹12.2 Lakh (FY 2025) | -80.0% | Delhi, India | |||
| Pradjna Intellisys Private Limited | ₹12.2 Lakh (FY 2025) | 149.0% | Thiruvananthapuram, Kerala, India | |||
| Guruchandra Consultants Private Limited | ₹12.19 Lakh (FY 2024) | -43.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Storsimple Software Private Limited, buy the company report.
Auditor
Storsimple Software Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2019 | 101049W/E300004 |
Shareholding
The shareholding of Storsimple Software Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Storsimple Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Storsimple Software 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 Storsimple Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Storsimple Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS0300Q1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Storsimple Software Private Limited, buy the company report.
Recent activity
Storsimple Software Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Ruchi Kapoor ceased to be Additional Director on 22 Mar 2019.
Frequently asked questions
Storsimple Software has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Storsimple Software was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 01 July 2011 and is registered under CIN U72900KA2011PTC059432. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Storsimple Software was incorporated on 01 July 2011. It is registered with the Registrar of Companies, Bangalore.
Storsimple Software had 2 directors:
- Ruchi Kapoor - Director
- Puneet Kumar Chaddah - Director
The CIN (Corporate Identification Number) of Storsimple Software is U72900KA2011PTC059432. 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 Storsimple Software is at Building – 2 4 Floor Prestige Technostar Brookefield Main Road Doddanekundi Industrial Area W, Hitefield, Bangalore, Karnataka, India – 560048.
Storsimple Software can be reached through the website relevancelab.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Storsimple Software on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 16 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Storsimple Software is 29AAQCS0300Q1ZW, registered in Karnataka.
Storsimple Software operated in the information technology industry, in the IT consulting and support services segment.
The peers of Storsimple Software by revenue are Webchink Private Limited, Skydivine Solutions (OPC) Private Limited, Masaheb Infotech Private Limited, Aspl Ventures Private Limited, Bitronics Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).