MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-20-0005394
Aheadrace Software Development Services Private Limited - information technology in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.43 Cr
▲ 26% YoY
Net profit · FY 2023
₹36.48 Lakh
Net margin 2.1%
EBITDA · FY 2023
₹1.16 Cr
EBITDA margin 6.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.55 Cr
Satisfied ₹70 Lakh
Company age
12 yrs
Est. 2014
Employees · EPFO
50
Provident fund records
About Aheadrace Software Development Services Private Limited
Data last updated:
Aheadrace Software Development Services Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC094687. Its GSTIN is 36AAMCA7613C1ZU (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Keshi Satya Vardhan Reddy and Keshi Sarojini Reddy.
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 H.No.10 – 2 – 267 Door No.25 Fashion Flats West Marredpally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.43 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹36.48 Lakh (net margin 2.1%) and EBITDA of ₹1.16 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 23% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AheadRace. As per MCA filings, the company has open charges of ₹3.55 Cr and satisfied charges of ₹70 Lakh on record.
Aheadrace Software Development Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-20-0005394). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aheadrace.com.
Company details
CIN U72200TG2014PTC094687
Registration Number 094687
Incorporation Date 02 July 2014
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-20-0005394
Recognitions & Rankings of Aheadrace Software Development Services
Contact details
Aheadrace Software Development Services Private Limited's registered office is in Secunderabad, Telangana. Its website is aheadrace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No.10 – 2 – 267 Door No.25 Fashion Flats West Marredpally, Secunderabad, Telangana, India – 500026
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aheadrace Software Development Services Private Limited, buy the company report.
Comprehensive company report
Aheadrace Software Development Services Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Aheadrace Software Development Services operates one associated brand: AheadRace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services, digital transformation, and software products for multiple sectors. | aheadrace.com |
Business activity
The main business activity of Aheadrace Software Development Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Aheadrace Software Development Services Private Limited, buy the company report.
Financials of Aheadrace Software Development Services Private Limited
FY 2023 filings availableAheadrace Software Development Services Private Limited reported revenue of ₹17.43 Cr (up 26% YoY) for FY 2023.
Revenue · FY 2023
₹17.43 Cr ▲ 26%
Net profit · FY 2023
₹36.48 Lakh margin 2.1%
EBITDA · FY 2023
₹1.16 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 28%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 62%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 26% growth in the latest year. EBITDA fell 42% 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 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 | ₹17.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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To see the full financial statements and ratios of Aheadrace Software Development Services Private Limited, buy the company report.
Board of directors of Aheadrace Software Development Services Private Limited
Aheadrace Software Development Services 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 |
|---|---|---|---|---|
| Keshi Satya Vardhan Reddy Also directs: Deccan Veterans Premier League LLP, Sciwear Tech Private Limited, Grok Drones India Private Limited and 1 more | Director | 02 Jul 2014 | 12 Years 3 Months | Current |
| Keshi Sarojini Reddy | Director | 30 Nov 2015 | 10 Years 10 Months | Current |
Peer comparison
Aheadrace Software Development Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unobanc Private Limited | ₹17.48 Cr (FY 2025) | 11.0% | Dehradun, Uttarakhand, India | |||
| Premium Ebusiness Venture Private Limited | ₹17.48 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Nu10 Technologies India Private Limited | ₹17.48 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Softsquare Solutions Private Limited | ₹17.46 Cr (FY 2024) | -2.0% | Chengalpattu, Tamil Nadu, India | |||
| Maples Imaging Solution Private Limited | ₹17.43 Cr (FY 2019) | 43.0% | Pune, Maharashtra, India | |||
| Aheadrace Software Development Services Private Limitedthis company | ₹17.43 Cr (FY 2023) | ₹36.48 Lakh | 2.1% | 26.0% | 50 | Secunderabad, Telangana, India |
| Gloplax Solutions Private Limited | ₹17.4 Cr (FY 2024) | -7.0% | Bangalore, Karnataka, India | |||
| Planeprog Technology Labs Private Limited | ₹17.39 Cr (FY 2025) | 208.0% | Hyderabad, Telangana, India | |||
| Dynamic Octopus Technology Private Limited | ₹17.37 Cr (FY 2023) | 1770.0% | Banaswadi, Karnataka, India | |||
| Varnitech Solution Private Limited | ₹17.35 Cr (FY 2025) | 58.0% | Anand, Gujarat, India | |||
| Digitec Engineers and Computech Private Limited | ₹17.34 Cr (FY 2025) | 45.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Aheadrace Software Development Services Private Limited, buy the company report.
Auditor
Aheadrace Software Development Services Private Limited is audited by N N V SATISH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N V SATISH & CO | FY 2023 | 011474S |
Shareholding
The shareholding of Aheadrace Software Development Services 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aheadrace Software Development Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.55 Cr
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2024 | 100853485 | Others | ₹1.75 Cr | Open | |
| 16 Mar 2023 | 100713523 | Hdfc Bank Limited | ₹71.32 Lakh | Open | |
| 15 Jun 2018 | 100204591 | Others | ₹1.09 Cr | Open | |
| 20 Sep 2019 | 100291158 | Hdfc Bank Limited | ₹70 Lakh | Satisfied |
To see the full charge records of Aheadrace Software Development Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Aheadrace Software Development Services 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 Aheadrace Software Development Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aheadrace Software Development Services Private Limited has a workforce of 50 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-3.85%
GST
Aheadrace Software Development Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCA7613C1ZU | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aheadrace Software Development Services Private Limited, buy the company report.
Recent activity
Aheadrace Software Development Services Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Subrahmanya Pradeep Varma Nadimpalli ceased to be Director on 17 Apr 2017.
Charges
A charge registered on 20 Sep 2019 via Charge ID 100291158 with Hdfc Bank Limited was fully satisfied on 19 Jan 2024.
Charges
A charge with Others amounted to Rs. 175.00 Lakh with Charge ID 100853485 was registered on 11 Jan 2024.
AGM
Aheadrace Software Development Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Aheadrace Software Development Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 71.32 Lakh with Charge ID 100713523 was registered on 16 Mar 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 70.00 Lakh registered on 20 Sep 2019 with Charge ID 100291158 was modified on 18 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 70.00 Lakh with Charge ID 100291158 was registered on 20 Sep 2019.
Charges
A charge with Others amounted to Rs. 109.00 Lakh with Charge ID 100204591 was registered on 15 Jun 2018.
Ceased
Subrahmanya Pradeep Varma Nadimpalli ceased to be Director.
Appointed
Keshi Sarojini Reddy was appointed as Director.
Appointed
Keshi Satya Vardhan Reddy was appointed as Director.
Incorporation
02 Jul 2014
Aheadrace Software Development Services Private Limited was registered on 02 Jul 2014 with Roc Hyderabad & aged 12 years 3 months as per MCA records.
Frequently asked questions
Aheadrace Software Development Services is an active private limited company based in Secunderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 July 2014 (12+ years old) and is registered under CIN U72200TG2014PTC094687.
Aheadrace Software Development Services has 2 current directors:
- Keshi Satya Vardhan Reddy - Director
- Keshi Sarojini Reddy - Director
The latest financial statements of Aheadrace Software Development Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Aheadrace Software Development Services is 36AAMCA7613C1ZU, registered in Telangana.
The CIN (Corporate Identification Number) of Aheadrace Software Development Services is U72200TG2014PTC094687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aheadrace Software Development Services was incorporated on 02 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Aheadrace Software Development Services by revenue are Unobanc Private Limited, Premium Ebusiness Venture Private Limited, Nu10 Technologies India Private Limited, Softsquare Solutions Private Limited, Maples Imaging Solution Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Subrahmanya Pradeep Varma Nadimpalli ceased to be Director on 17 Apr 2017. Keshi Sarojini Reddy was appointed as Director on 30 Nov 2015. Keshi Satya Vardhan Reddy was appointed as Director on 02 Jul 2014.
Yes, Aheadrace Software Development Services is registered as an MSME under Udyam registration (number: UDYAM-TS-20-0005394).
Aheadrace Software Development Services can be reached through the website aheadrace.com. Its registered office is in Secunderabad, Telangana, India.
The registered office of Aheadrace Software Development Services is at H.No.10 – 2 – 267 Door No.25 Fashion Flats West Marredpally, Secunderabad, Telangana, India – 500026.