MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-08-0012536
Ably Soft Private Limited - information technology in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.73 Cr
▲ 29% YoY
Net profit · FY 2024
₹3.47 Cr
Net margin 22.1%
EBITDA · FY 2024
₹5.56 Cr
EBITDA margin 35.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹18.25 Cr
Satisfied ₹1.52 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
12
Provident fund records
About Ably Soft Private Limited
Data last updated:
Ably Soft Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200PB2010PTC060846. Its GSTIN is 03AAJCA0893M1ZH (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jasmeet Kaur and Manish Bhalla.
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 Mohali, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.73 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹3.47 Cr (net margin 22.1%) and EBITDA of ₹5.56 Cr (EBITDA margin 35.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: FATbit Technologies and Ably Soft. As per MCA filings, the company has open charges of ₹18.25 Cr and satisfied charges of ₹1.52 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Ably Soft Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0012536). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ablysoft.com.
Company Details of Ably Soft Private Limited
CIN U72200PB2010PTC060846
Registration Number 060846
Incorporation Date 22 December 2010
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DL-08-0012536
CIN History of Ably Soft Private Limited
Ably Soft has one previous CIN (Corporate Identification Number): U72200DL2010PTC211668. The current CIN is U72200PB2010PTC060846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200PB2010PTC060846 | Current |
| U72200DL2010PTC211668 | Previous |
Key People
Jasmeet Kaur Director Manish Bhalla Director Recognitions & Rankings of Ably Soft
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. Itc – 03 Sector – 67, Sector – 67, Mohali, Punjab, India – 160062
- IndustryInformation Technology, Application Development & Software Solutions
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Associated Brands with Ably Soft Private Limited
Ably Soft operates two associated brands: FATbit Technologies and Ably Soft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive e-commerce software suites tailored for businesses. | fatbit.com | |
| Software development firm specializing in eCommerce platforms and digital innovation services. | ablysoft.com |
Business Activity of Ably Soft Private Limited
The main business activity of Ably Soft is information and communication. In detail, this covers computer programming, consultancy and related activities.
| 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Ably Soft Private Limited FY 2024 filings available
Ably Soft Private Limited reported revenue of ₹15.73 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹15.73 Cr ▲ 29%
Net profit · FY 2024
₹3.47 Cr margin 22.1%
EBITDA · FY 2024
₹5.56 Cr margin 35.3%
Compounded Annual Growth Rate (CAGR) of Ably Soft Private Limited
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 3%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 324%
3 years · compounded
▲ 6%
5 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 29% growth in the latest year. EBITDA rose 324% 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 Ably Soft Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.47 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 of Ably Soft Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.1% | •••• | •••• | •••• | •••• |
| 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 Ably Soft are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ably Soft Private Limited
Ably Soft has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasmeet Kaur | Director | 22 Dec 2010 | 15 Years 9 Months | Current |
| Manish Bhalla | Director | 22 Dec 2010 | 15 Years 9 Months | Current |
Peer Comparison of Ably Soft Private Limited
Ably Soft Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Heuristics Informatics Private Limited | ₹15.82 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| V J Coresoft Private Limited | ₹15.81 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Pune, Maharashtra, India |
| Cmots Internet Technologies Private Limited | ₹15.79 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Wisdomleaf Technologies Private Limited | ₹15.76 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Tech Blue Software Private Limited | ₹15.75 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Gurugram, Haryana, India |
| Ably Soft Private Limited this company | ₹15.73 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Mohali, Punjab, India |
| Tekclan Software Solutions Private Limited | ₹15.73 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Thinksonic Global Solutions Private Limited | ₹15.72 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Mysore, Karnataka, India |
| Sonim Technologies (India) Private Limited | ₹15.71 Cr (FY 2025) | •••• | •••• | 947.0% | •••• | Bangalore, Karnataka, India |
| Web Spiders (India) Private Limited | ₹15.7 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | North 24 Parganas, West Bengal, India |
| Synaglo Infotech Private Limited | ₹15.67 Cr (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ably Soft by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ably Soft Private Limited
Ably Soft Private Limited is audited by RAJAN MALIK & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJAN MALIK & CO. | Locked | Locked | Locked |
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Complete auditor history
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Ownership and Shareholding of Ably Soft Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Ably Soft Private Limited
Open charges
₹18.25 Cr
Satisfied charges
₹1.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2022 | Others | ₹18.25 Cr | Open |
| 24 Apr 2015 | Kotak Mahindra Bank Limited | ₹1.52 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ably Soft Private Limited
Ably Soft Private Limited has 3 court cases on record: 3 filed by Ably Soft. 2 cases are pending and 1 is disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Civil miscellaneous application | Filed by the company against an individual | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed by the company against an individual | Pending |
| District court, SAS Nagar, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Ably Soft Private Limited
Ably Soft Private Limited has a workforce of 12 employees as of Apr 04, 2024.
Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ably Soft Private Limited
Ably Soft Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Ravi Bhalla ceased to be Director on 01 Jun 2015.
Charges
A charge with Others of Rs. 1,825.00 Lakh registered on 14 Feb 2022 with Charge ID 100537339 was modified on 25 Nov 2024.
AGM
Ably Soft Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ably Soft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge registered on 24 Apr 2015 via Charge ID 10564926 with Kotak Mahindra Bank Limited was fully satisfied on 29 Aug 2023.
Charges
A charge with Others amounted to Rs. 1,825.00 Lakh with Charge ID 100537339 was registered on 14 Feb 2022.
Ceased
Ravi Bhalla ceased to be Director.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 152.25 Lakh with Charge ID 10564926 was registered on 24 Apr 2015.
Appointed
Jasmeet Kaur was appointed as Director.
Appointed
Manish Bhalla was appointed as Director.
Incorporation
22 Dec 2010
Ably Soft Private Limited was registered on 22 Dec 2010 with Roc Chandigarh & aged 15 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ably Soft Private Limited
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MSME Payment Delays by Ably Soft Private Limited
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Subsidiaries & Group Companies of Ably Soft Private Limited
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GST Compliance of Ably Soft Private Limited
Ably Soft has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCA0893M1ZH | Punjab | Active | 19 Sep 2017 |
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MCA Filings & Documents of Ably Soft Private Limited
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Related news about Ably Soft Private Limited
Frequently Asked Questions about Ably Soft Private Limited
Ably Soft is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 December 2010 (16+ years old) and is registered under CIN U72200PB2010PTC060846.
Ably Soft reported revenue of ₹15.73 Cr for FY 2024 (up 29% YoY).
Ably Soft has 2 current directors:
- Jasmeet Kaur - Director
- Manish Bhalla - Director
Ably Soft reported a net profit of ₹3.47 Cr (net margin 22.1%) and EBITDA of ₹5.56 Cr (EBITDA margin 35.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ably Soft is -3% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ably Soft is 03AAJCA0893M1ZH, registered in Punjab.
The CIN (Corporate Identification Number) of Ably Soft is U72200PB2010PTC060846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ably Soft has 3 court cases on record: 3 filed by the company. 2 are pending.
Ably Soft was incorporated on 22 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ably Soft by revenue are Heuristics Informatics Private Limited, V J Coresoft Private Limited, Cmots Internet Technologies Private Limited, Wisdomleaf Technologies Private Limited, Tech Blue Software Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ravi Bhalla ceased to be Director on 01 Jun 2015. Jasmeet Kaur was appointed as Director on 22 Dec 2010. Manish Bhalla was appointed as Director on 22 Dec 2010.