Aaltop Software Private Limited
About Aaltop Software Private Limited
Data last updated:
Aaltop Software Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72300PN2015PTC154913. Its GSTIN is 27AANCA5095P2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 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 including Surendra Mahadeorao Itankar and Kishor Gorde.
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 Flat No. D – 502 Amit Colari S. No. 60/2/2 60/3 Undri, Pune, Maharashtra, India – 411060.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.5 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹8.31 Lakh (net margin -151.1%) and EBITDA of -₹8.31 Lakh (EBITDA margin -151.1%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹1.37 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No. D – 502 Amit Colari S. No. 60/2/2 60/3 Undri, Pune, Maharashtra, India – 411060
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Aaltop Software Private Limited
The main business activities of Aaltop Software are information and communication and support service to organizations. In detail, this covers computer programming, consultancy and related activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aaltop Software Private Limited FY 2023 filings available
Aaltop Software Private Limited reported revenue of ₹5.5 Lakh (down 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Aaltop Software Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 20% fall in the latest year. EBITDA fell 522% 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 of Aaltop Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.31 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aaltop Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -151.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -151.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aaltop Software are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aaltop Software Private Limited
Aaltop Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reline Thermal Imaging and Software Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Infodot Systems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Hubcity Softwares Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Comnet Communication Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Tridham Technologies Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Aaltop Software Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Upstack Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Agilist Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| S&S Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ultrasonic Technology Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Dalton Software India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Aaltop Software by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Aaltop Software Private Limited
Auditor information for Aaltop Software Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Aaltop Software Private Limited
Aaltop Software has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Mahadeorao Itankar | Director | 05 May 2015 | 11 Years 5 Months | Current |
| Kishor Gorde | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Shruti Kishor Gorde | Director | 12 Dec 2016 | 9 Years 9 Months | Current |
| Latika Kishor Gorde | Director | 05 May 2015 | 11 Years 5 Months | Current |
| Shreya Kishor Gorde | Director | 12 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Aaltop Software Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aaltop Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2018 | Others | ₹1.37 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Aaltop Software Private Limited
Employment history and EPFO contributions of people linked to Aaltop Software.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aaltop Software Private Limited
Aaltop Software Private Limited has 7 board changes on record since 2015: 5 appointments and 2 cessations. The latest: Kishor Gorde was appointed as Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Aaltop Software Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aaltop Software Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aaltop Software Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aaltop Software Private Limited
Aaltop Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA5095P2ZS | Maharashtra | Active | 21 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aaltop Software Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aaltop Software Private Limited
Aaltop Software is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 May 2015 (11+ years old) and is registered under CIN U72300PN2015PTC154913.
Aaltop Software reported revenue of ₹5.5 Lakh for FY 2023 (down 20% YoY).
Aaltop Software has 5 current directors:
- Surendra Mahadeorao Itankar - Director
- Kishor Gorde - Director
- Shruti Kishor Gorde - Director
- Latika Kishor Gorde - Director
- Shreya Kishor Gorde - Director
Aaltop Software reported a net loss of ₹8.31 Lakh (net margin -151.1%) and EBITDA of -₹8.31 Lakh (EBITDA margin -151.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aaltop Software is -64% over three years and -36% over five years. In the latest year (FY 2023) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aaltop Software is 27AANCA5095P2ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Aaltop Software is U72300PN2015PTC154913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaltop Software was incorporated on 05 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Aaltop Software by revenue are Reline Thermal Imaging and Software Private Limited, Infodot Systems Private Limited, Hubcity Softwares Private Limited, Comnet Communication Private Limited, Tridham Technologies Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Kishor Gorde was appointed as Director on 30 Sep 2022. Shreya Kishor Gorde ceased to be Additional Director on 30 Dec 2016. Shruti Kishor Gorde ceased to be Additional Director on 30 Dec 2016. Aaltop Software has 7 board changes on record in total.
The registered office of Aaltop Software is at Flat No. D – 502 Amit Colari S. No. 6022 603 Undri, Pune, Maharashtra, India – 411060.