Aquasoft Solutions Private Limited
About Aquasoft Solutions Private Limited
Data last updated:
Aquasoft Solutions Private Limited is a private limited company based in Chandigarh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2015PTC035431.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Surinder Dhawan and Nirmal Rani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at House No. 124B Sector 51A, Chandigarh, India – 160051.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.45 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹43,077 (net margin -12.5%) and EBITDA of ₹1.71 Lakh (EBITDA margin 49.6%). Revenue has declined at a compounded annual rate (CAGR) of 48% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressHouse No. 124B Sector 51A, Chandigarh, India – 160051
- IndustryInformation Technology, Application Development & Software Solutions
- 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
The main business activity of Aquasoft Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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
Financials of Aquasoft Solutions Private Limited
FY 2021 filings availableAquasoft Solutions Private Limited reported revenue of ₹3.45 Lakh (down 79% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 79% fall in the latest year. EBITDA fell 39% 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 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| 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 | ₹1.71 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹43,077 | |
| 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
| Metrics | FY 2020-21 | FY 2016-17 to FY 2019-20in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 49.6% | |
| Net Profit Margin | -12.5% | |
| 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, and every line for FY 2016-17 to FY 2019-20, 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 Aquasoft Solutions are in the company report.
: available in the company report
Board of Directors of Aquasoft Solutions Private Limited
Aquasoft Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Dhawan Also directs: Infobyte Tech Solutions Private Limited | Director | 24 Feb 2015 | 11 Years 7 Months | Current |
| Nirmal Rani | Director | 24 Feb 2015 | 11 Years 7 Months | Current |
| Vinod Kumar Malhotra | Additional Director | 23 Oct 2018 | 7 Years 11 Months | Current |
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2017 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases
Aquasoft Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rupnagar, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Aquasoft Solutions.
: available in the company report
Recent Activity
Aquasoft Solutions Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Ravi Kant Yadav ceased to be Director on 23 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Aquasoft Solutions is an active private limited company based in Chandigarh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 February 2015 (11+ years old) and is registered under CIN U72900CH2015PTC035431.
Aquasoft Solutions has 3 current directors:
- Surinder Dhawan - Director
- Nirmal Rani - Director
- Vinod Kumar Malhotra - Additional Director
The latest financial statements of Aquasoft Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aquasoft Solutions is U72900CH2015PTC035431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aquasoft Solutions has 3 court cases on record: 3 filed against it.
Aquasoft Solutions was incorporated on 24 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ravi Kant Yadav ceased to be Director on 23 Oct 2018. Vinod Kumar Malhotra was appointed as Additional Director on 23 Oct 2018. Ravi Kant Yadav was appointed as Director on 05 May 2015. Aquasoft Solutions has 5 board changes on record in total.
The registered office of Aquasoft Solutions is at House No. 124B Sector 51A, Chandigarh, India – 160051.
Aquasoft Solutions operates in the information technology industry, in the application development and software solutions segment.
Aquasoft Solutions has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.