- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0009963

About Altersoft Innovations India Private Limited
Data last updated:
Altersoft Innovations India Private Limited is a private limited company based in Aluva, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2012PTC032038. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.38 Lakh. It is led by directors including Stanly Chirayath George (Managing Director) and Sudheer Puthucheri Koroth.
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 Aluva, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.9 Lakh (net margin 3.6%) and EBITDA of ₹7.38 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 26% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IP Toilet. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 4 cases are pending.
Altersoft Innovations India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0009963). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altersoftinnovationsindia.in.
Company details
Recognitions & Rankings of Altersoft Innovations India
Contact details
Altersoft Innovations India Private Limited's registered office is in Aluva, Kerala. Its website is altersoftinnovationsindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address163/2 1st Floor Menacherry Tower, Pravoor Kavala, Aluva, Kerala, India – 683108
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Altersoft Innovations India Private Limited, buy the company report.
- 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
Altersoft Innovations India operates one associated brand: IP Toilet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers smart modular public toilets for efficient sanitation solutions. | iptoilet.com |
Business activity
The main business activity of Altersoft Innovations India 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 Altersoft Innovations India Private Limited, buy the company report.
Financials of Altersoft Innovations India Private Limited
FY 2024 filings availableAltersoft Innovations India Private Limited reported revenue of ₹1.1 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 34% fall in the latest year. EBITDA fell 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.38 Lakh | ||||
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| Net Profit (PAT) | ₹3.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Altersoft Innovations India Private Limited, buy the company report.
Board of directors of Altersoft Innovations India Private Limited
Altersoft Innovations India has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudheer Puthucheri Koroth | Director | 01 Mar 2023 | 3 Years 7 Months | Current |
| Mohammedrahmathulla | Additional Director | 28 May 2016 | 10 Years 4 Months | Current |
| Antony Vatheriparambil George Also directs: Cosmovend Automations Private Limited | Director | 07 Sep 2020 | 6 Years 1 Months | Current |
| Sahadevamenon Vijayakumaramenon | Additional Director | 15 Jul 2018 | 8 Years 3 Months | Current |
| Stanly Chirayath George | Managing Director | 03 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Altersoft Innovations India Private Limited is audited by PARAPARAMBATHBALAKRISHNAN NAIRRAMACHANDRAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARAPARAMBATHBALAKRISHNAN NAIRRAMACHANDRAN | FY 2023 | 212600 |
Shareholding
The shareholding of Altersoft Innovations India 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Altersoft Innovations India Private Limited, buy the company report.
Legal cases
Altersoft Innovations India Private Limited has 9 court cases on record: 6 filed by Altersoft Innovations India, 3 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 1 |
| District courts | 3 | 3 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Eram Scientific Solutions Pvt. Ltd and 1 other | Disposed |
| Patna High Court | Court case (CR. MISC.) | Filed by the company against The State of Bihar | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by an individual | Pending |
| District court, Patna, Bihar | Court case (SUMMARY SUIT) | Filed against the company by M/S Aishra Technofab Engineers | Pending |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by M/S Aishra Tecnofab Engineers and Another and 1 other | Pending |
To see the full case history of Altersoft Innovations India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Altersoft Innovations India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Altersoft Innovations India Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Altersoft Innovations India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Altersoft Innovations India Private Limited, buy the company report.
Recent activity
Altersoft Innovations India Private Limited has 11 board changes on record since 2012: 5 appointments and 6 cessations. The latest: Sudheer Puthucheri Koroth ceased to be Additional Director on 29 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Altersoft Innovations India is an active private limited company based in Aluva, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 September 2012 (14+ years old) and is registered under CIN U72200KL2012PTC032038.
Altersoft Innovations India has 5 current directors:
- Stanly Chirayath George - Managing Director
- Sudheer Puthucheri Koroth - Director
- Mohammedrahmathulla - Additional Director
- Antony Vatheriparambil George - Director
- Sahadevamenon Vijayakumaramenon - Additional Director
The latest financial statements of Altersoft Innovations India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Altersoft Innovations India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Altersoft Innovations India is U72200KL2012PTC032038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altersoft Innovations India has 9 court cases on record: 6 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.
Altersoft Innovations India was incorporated on 03 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
Sudheer Puthucheri Koroth ceased to be Additional Director on 29 Sep 2023. Sudheer Puthucheri Koroth was appointed as Director on 01 Mar 2023. Antony Vatheriparambil George was appointed as Director on 07 Sep 2020. Altersoft Innovations India has 11 board changes on record in total.
Yes, Altersoft Innovations India is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0009963).
Altersoft Innovations India can be reached through the website altersoftinnovationsindia.in. Its registered office is in Aluva, Kerala, India.