About Algoson Software Private Limited
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Algoson Software Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U68200PB2018PTC048683. Its GSTIN is 03AARCA6073F1ZO (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahinga Singh and Ramandeep Kour.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 1201 Tower 10 12th Floor Park Facing Sky Gardens Sector – 66A Jlpl, Mohali, Punjab, India – 160062.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.4 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 2.2%) and EBITDA of ₹9.53 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 38% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Algoson Software. As per MCA filings, the company has open charges of ₹10 Lakh on record.
For more details, the company can be reached via its website algoson.com.
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- Registered AddressFlat No 1201 Tower 10 12th Floor Park Facing Sky Gardens Sector – 66A Jlpl, Mohali, Punjab, India – 160062
- IndustryInformation Technology, Software Development & 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 Algoson Software Private Limited
The main business activity of Algoson Software is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Algoson Software Private Limited FY 2025 filings available
Algoson Software Private Limited reported revenue of ₹77.4 Lakh (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Algoson Software Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA rose 11% 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 Algoson Software 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 | ₹9.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.74 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Algoson Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Algoson Software are in the company report.
Financial statements from FY 2019
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 Algoson Software Private Limited
Algoson Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dovyo Technologies Private Limited | ₹77.67 Lakh (FY 2024) | •••• | •••• | 786.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Ray Computech Pvt Ltd | ₹77.65 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Xeenius Technology Consulting Private Limited | ₹77.59 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Coonoor, Tamil Nadu, India |
| Paralaxiom Technologies Private Limited | ₹77.56 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Bangalore, Karnataka, India |
| Viroha Technologies Private Limited | ₹77.5 Lakh (FY 2022) | •••• | •••• | 115.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Algoson Software Private Limited this company | ₹77.4 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Mohali, Punjab, India |
| Venso Technologies Private Limited | ₹77.02 Lakh (FY 2024) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Triumph India Software Services Private Limited | ₹76.9 Lakh (FY 2018) | •••• | •••• | -59.0% | •••• | Bangalore, Karnataka, India |
| Zeal Co-Team Private Limited | ₹76.88 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| VJ Infosoft Private Limited | ₹76.79 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Rajkot, Gujarat, India |
| KBP Smar Ther Solutions Private Limited | ₹76.73 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Algoson Software by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Algoson Software Private Limited
Algoson Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahinga Singh | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Ramandeep Kour | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
Charges & Borrowings of Algoson Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2025 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Algoson Software Private Limited
Algoson Software operates one associated brand: Algoson Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software development services, including websites, apps, cloud, and AI-powered solutions. | algoson.com |
Employees and EPFO Compliance at Algoson Software Private Limited
Employment history and EPFO contributions of people linked to Algoson 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.
CIN History of Algoson Software Private Limited
Algoson Software has one previous CIN (Corporate Identification Number): U72900PB2018PTC048683. The current CIN is U68200PB2018PTC048683, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200PB2018PTC048683 | Current |
| U72900PB2018PTC048683 | Previous |
Recent Activity on Algoson Software Private Limited
Algoson Software Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mahinga Singh was appointed as Director on 27 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Algoson 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 Algoson 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 Algoson 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 Algoson Software Private Limited
Algoson Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AARCA6073F1ZO | Punjab | Active | 19 Dec 2018 |
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 Algoson 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 Algoson Software Private Limited
Algoson Software is an active private limited company based in Mohali, Punjab, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U68200PB2018PTC048683.
Algoson Software reported revenue of ₹77.4 Lakh for FY 2024 (down 34% YoY).
Algoson Software has 2 current directors:
- Mahinga Singh - Director
- Ramandeep Kour - Director
Algoson Software reported a net profit of ₹1.74 Lakh (net margin 2.2%) and EBITDA of ₹9.53 Lakh (EBITDA margin 12.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Algoson Software is 2% over three years and 38% over five years. In the latest year (FY 2024) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Algoson Software is 03AARCA6073F1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Algoson Software is U68200PB2018PTC048683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algoson Software was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Algoson Software by revenue are Dovyo Technologies Private Limited, Ray Computech Pvt Ltd, Xeenius Technology Consulting Private Limited, Paralaxiom Technologies Private Limited, Viroha Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).
Mahinga Singh was appointed as Director on 27 Nov 2018. Ramandeep Kour was appointed as Director on 27 Nov 2018.
Yes, Algoson Software is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).