About Xora Software Systems Private Limited
Data last updated:
Xora Software Systems Private Limited was a private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Clicksoftware Inc., Usa. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 26 February 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC031639. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.28 Lakh. It was led by directors Dilip Kumar Parasmal and Andrew Simon Price.
Its last annual general meeting (AGM) was held on 05 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Unit Ff – 4 First Floor No.13 Sampurna Chambers Vasavi Temple Street Vishweshwarapuram, Bengaluru, Karnataka, India – 560004.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.29 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Cr and EBITDA of -₹1.46 Cr. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 66% over five years.
The company had about 54 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Xora. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is xora.com.
Company details
Contact details
Xora Software Systems Private Limited's registered office is in Bengaluru, Karnataka. Its website is xora.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit Ff – 4 First Floor No.13 Sampurna Chambers Vasavi Temple Street Vishweshwarapuram, Bengaluru, Karnataka, India – 560004
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Xora Software Systems 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
Financials of Xora Software Systems Private Limited
FY 2021 filings availableXora Software Systems Private Limited reported revenue of ₹6.29 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years. EBITDA fell 153% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.29 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.47 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 Xora Software Systems Private Limited, buy the company report.
Board of directors of Xora Software Systems Private Limited
Xora Software Systems has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Kumar Parasmal Also directs: Iafiralc Software Solutions Private Limited, FTX India Private Limited, Namma AI Labs Private Limited and 5 more | Director | 18 Dec 2019 | 6 Years 10 Months | As last reported |
| Andrew Simon Price | Director | 18 Dec 2019 | 6 Years 10 Months | As last reported |
Peer comparison
Xora Software Systems Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Dgains Soft Solutions Private Limited | ₹6.41 Lakh (FY 2023) | -52.0% | Mumbai, Maharashtra, India | |||
| Gfee Performance Solutions Private Limited | ₹6.31 Lakh (FY 2025) | 1205.0% | Bangalore, Karnataka, India | |||
| Xora Software Systems Private Limitedthis company | ₹6.29 Lakh (FY 2021) | -₹1.47 Cr | -100.0% | 54 | Bengaluru, Karnataka, India | |
| Easyplan Fintech Solutions Private Limited | ₹6.26 Lakh (FY 2024) | 334.0% | Powai Mumbai, Maharashtra, India | |||
| Iceberg Infotech Private Limited | ₹6.21 Lakh (FY 2025) | -12.0% | Delhi, India | |||
| DSM Technocon Private Limited | ₹6.21 Lakh (FY 2025) | -94.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Xora Software Systems Private Limited, buy the company report.
Auditor
Xora Software Systems Private Limited is audited by VISHNU DAYA & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU DAYA & CO LLP | FY 2019 | 008456S |
Shareholding
The shareholding of Xora Software Systems Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Xora Software Systems Private Limited, buy the company report.
Legal cases
Xora Software Systems Private Limited has 1 court case on record: 1 filed by Xora Software Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Xora Software Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Xora Software Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Xora Software Systems Private Limited has a workforce of 54 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Xora Software Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Xora Software Systems Private Limited, buy the company report.
Recent activity
Xora Software Systems Private Limited has 19 board changes on record since 2010: 2 appointments and 17 cessations. The latest: Andrew Simon Price ceased to be Additional Director on 27 Jul 2020.
10 earlier events are in the company report.
Frequently asked questions
Xora Software Systems has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Xora Software Systems was a private limited company based in Bengaluru, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 26 February 2003 and is registered under CIN U72200KA2003PTC031639. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Xora Software Systems was incorporated on 26 February 2003. It is registered with the Registrar of Companies, Bangalore.
Xora Software Systems had 2 directors:
- Dilip Kumar Parasmal - Director
- Andrew Simon Price - Director
The CIN (Corporate Identification Number) of Xora Software Systems is U72200KA2003PTC031639. 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 Xora Software Systems is at Unit Ff – 4 First Floor No.13 Sampurna Chambers Vasavi Temple Street Vishweshwarapuram, Bengaluru, Karnataka, India – 560004.
Xora Software Systems can be reached through the website xora.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Xora Software Systems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 05 July 2021. Year-wise statements from 2015 are in the company report.
No. Xora Software Systems has 1 GST registration on record and it is cancelled or inactive.
Xora Software Systems operated in the information technology industry, in the software development and support services segment.
The peers of Xora Software Systems by revenue are Dgains Soft Solutions Private Limited, Gfee Performance Solutions Private Limited, Easyplan Fintech Solutions Private Limited, Iceberg Infotech Private Limited, DSM Technocon Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games,etc.).