About 42Hertz Software India Private Limited
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42Hertz Software India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC072113. Its GSTIN is 29AAACZ7113J1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharada Nuthakki and Sarada Velagapudi.
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 One Bangalore West Apt No. #2231 No. 1 Dr.Rajkumar Road Opp. Sheraton Hotel Ra, Jaji Nagar, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.92 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹19.04 Lakh and EBITDA of -₹2.35 Lakh (EBITDA margin -122.1%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 68% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Instore AI and 42Hertz. As per MCA filings, the company has satisfied charges of ₹1.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 42hertz.com.
Company details
Contact details
42Hertz Software India Private Limited's registered office is in Bangalore, Karnataka. Its website is 42hertz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOne Bangalore West Apt No. #2231 No. 1 Dr.Rajkumar Road Opp. Sheraton Hotel Ra, Jaji Nagar, Karnataka, India – 560010
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of 42Hertz Software India 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
Brands
42Hertz Software India operates two associated brands: Instore AI and 42hertz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-enabled retail analytics solutions for businesses. | instore.ai | |
| Limited information available | 42hertz.com |
Business activity
The main business activity of 42Hertz Software India 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 42Hertz Software India Private Limited, buy the company report.
Financials of 42Hertz Software India Private Limited
FY 2024 filings available42Hertz Software India Private Limited reported revenue of ₹1.92 Lakh (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 68%. EBITDA rose 94% 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
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| EBITDA | -₹2.35 Lakh | ||||
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| Net Profit (PAT) | -₹19.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -122.1% | ||||
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To see the full financial statements and ratios of 42Hertz Software India Private Limited, buy the company report.
Board of directors of 42Hertz Software India Private Limited
42Hertz Software India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharada Nuthakki | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Sarada Velagapudi | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
42Hertz Software India Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Jether Semiconductors Private Limited | ₹1.94 Lakh (FY 2020) | -38.0% | Bangalore, Karnataka, India | |||
| 42Hertz Software India Private Limitedthis company | ₹1.92 Lakh (FY 2024) | -₹19.04 Lakh | 66.0% | 37 | Bangalore, Karnataka, India | |
| Laraware Private Limited | ₹1.92 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| V V Technologies Private Limited | ₹1.9 Lakh (FY 2025) | -92.0% | Faridabad, Haryana, India |
To see the full peer comparison of 42Hertz Software India Private Limited, buy the company report.
Auditor
42Hertz Software India Private Limited is audited by M.A. Narasimhan & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.A. Narasimhan & Co | FY 2023 | 002347S |
Shareholding
The shareholding of 42Hertz Software 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of 42Hertz Software India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2016 | 100077458 | Karnataka State Financial Corporation | ₹1.45 Cr | Satisfied |
To see the full charge records of 42Hertz Software India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving 42Hertz Software India 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 42Hertz Software India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
42Hertz Software India Private Limited has a workforce of 37 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
42Hertz Software India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ7113J1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of 42Hertz Software India Private Limited, buy the company report.
Recent activity
42Hertz Software India Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Sarada Velagapudi ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
42Hertz Software India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 November 2013 (13+ years old) and is registered under CIN U72200KA2013PTC072113.
42Hertz Software India has 2 current directors:
- Sharada Nuthakki - Director
- Sarada Velagapudi - Director
The latest financial statements of 42Hertz Software India 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 2015 are in the company report.
The GSTIN of 42Hertz Software India is 29AAACZ7113J1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of 42Hertz Software India is U72200KA2013PTC072113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
42Hertz Software India was incorporated on 26 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of 42Hertz Software India by revenue are Jether Semiconductors Private Limited, Laraware Private Limited, V V Technologies 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.).
Sarada Velagapudi ceased to be Additional Director on 30 Sep 2022. Sharada Nuthakki ceased to be Additional Director on 30 Sep 2022. Manoj Nuthakki ceased to be Director on 16 Sep 2022. 42Hertz Software India has 6 board changes on record in total.
42Hertz Software India can be reached through the website 42hertz.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of 42Hertz Software India is at One Bangalore West Apt No. #2231 No. 1 Dr.Rajkumar Road Opp. Sheraton Hotel Ra, Jaji Nagar, Karnataka, India – 560010.
42Hertz Software India operates in the information technology industry, in the application development and software solutions segment.