Algowings Softech Private Limited
About Algowings Softech Private Limited
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Algowings Softech Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the rental and leasing services segment of the industrial equipment and machinery sector. It was incorporated on 24 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U71200PN2020PTC197176.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sagar Panditrao Patil and Ravindra Pradiparav Desai.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat C 603 Royal Astonia Nagala Park Karvir, Kolhapur, Maharashtra, India – 416003.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.59 Lakh. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 32.3%) and EBITDA of ₹2.44 Lakh (EBITDA margin 53.1%).
The company is associated with 1 brand: AlgoWings Softech.
Company details
Contact details
Algowings Softech Private Limited's registered office is in Kolhapur, Maharashtra.
- Registered AddressFlat C 603 Royal Astonia Nagala Park Karvir, Kolhapur, Maharashtra, India – 416003
- IndustryEquipment & Machinery, Renting, Machinery & Equipment
- 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
Algowings Softech operates one associated brand: AlgoWings Softech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for automated stock charting. | algowings.com |
Business activity
The main business activity of Algowings Softech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Algowings Softech Private Limited, buy the company report.
Financials of Algowings Softech Private Limited
FY 2021 filings availableAlgowings Softech Private Limited reported revenue of ₹4.59 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
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| EBITDA | ₹2.44 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.49 Lakh |
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Financial Ratios
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 53.1% |
| Net Profit Margin | 32.3% |
| Return on Equity (ROE) | |
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To see the full financial statements and ratios of Algowings Softech Private Limited, buy the company report.
Board of directors of Algowings Softech Private Limited
Algowings Softech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Panditrao Patil | Director | 24 Dec 2020 | 5 Years 9 Months | Current |
| Ravindra Pradiparav Desai | Director | 24 Dec 2020 | 5 Years 9 Months | Current |
Peer comparison
Algowings Softech Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lakshra Software Technologies Private Limited | ₹4.6 Lakh (FY 2022) | 31.0% | Hyderabad, Telangana, India | |||
| Vaw Digitech Private Limited | ₹4.6 Lakh (FY 2025) | 110.0% | Vaikom, Kerala, India | |||
| Myint Technologies Private Limited | ₹4.59 Lakh (FY 2017) | Bangalore, Karnataka, India | ||||
| Algowings Softech Private Limitedthis company | ₹4.59 Lakh (FY 2021) | ₹1.49 Lakh | 32.3% | Kolhapur, Maharashtra, India | ||
| Shree Sai JVNP Solutions Private Limited | ₹4.59 Lakh (FY 2023) | -54.0% | Chennai, Tamil Nadu, India | |||
| Voice Clarity Private Limited | ₹4.59 Lakh (FY 2024) | -59.0% | Malviya Ngr, Delhi, India | |||
| Spectrabusiness Services Private Limited | ₹4.59 Lakh (FY 2024) | -91.0% | Rajapalayam, Tamil Nadu, India | |||
| Mine Labs Consulting Private Limited | ₹4.59 Lakh (FY 2024) | Chennai, Tamil Nadu, India |
To see the full peer comparison of Algowings Softech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Algowings Softech 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 Algowings Softech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Algowings Softech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Algowings Softech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ravindra Pradiparav Desai was appointed as Director on 24 Dec 2020.
Frequently asked questions
Algowings Softech is an active private limited company based in Kolhapur, Maharashtra, India. The company works in renting, within the equipment and machinery industry. It was incorporated on 24 December 2020 (6+ years old) and is registered under CIN U71200PN2020PTC197176.
Algowings Softech has 2 current directors:
- Sagar Panditrao Patil - Director
- Ravindra Pradiparav Desai - Director
The latest financial statements of Algowings Softech on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Algowings Softech is U71200PN2020PTC197176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algowings Softech was incorporated on 24 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Algowings Softech by revenue are Lakshra Software Technologies Private Limited, Vaw Digitech Private Limited, Myint Technologies Private Limited, Shree Sai JVNP Solutions Private Limited, Voice Clarity Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ravindra Pradiparav Desai was appointed as Director on 24 Dec 2020. Sagar Panditrao Patil was appointed as Director on 24 Dec 2020.
The registered office of Algowings Softech is at Flat C 603 Royal Astonia Nagala Park Karvir, Kolhapur, Maharashtra, India – 416003.
Algowings Softech operates in the equipment and machinery industry, in the renting segment.
Algowings Softech has 1 associated brand: Algowings Softech.
Algowings Softech can be reached at its registered office: Flat C 603 Royal Astonia Nagala Park Karvir, Kolhapur, Maharashtra, India – 416003.