About OPTIT SoftTech
OPTIT SoftTech is a Business Services company. Outsourcing services in recruitment, human resources, payroll, and accounting provided by OPTIT SoftTech. Its Indian entity Optit Softtech Private Limited reported revenue of ₹74.5 Lakh. OPTIT SoftTech offers products and services including Recruitment Process Outsourcing and Human Resource Outsourcing. Its focus areas include Information Technology, Outsourcing, Recruitment and Process Outsourcing.
Company details
OPTIT SoftTech is identified as a provider of highly qualified technology professionals through services such as recruitment process outsourcing, human resource outsourcing, payroll process outsourcing, and accounting process outsourcing. Accountability and commitment are emphasized, with goals achieved via cutting-edge technology. The company is situated in Hyderabad, India, and operates as an equal opportunity employer. Client needs are met with accuracy and efficiency, ensuring services align with industry demands. All aspects are handled in a structured and professional manner.
- SectorsBusiness Services
- Email••••••••
- Legal Name Optit Softtech Private Limited
- Date of Incorporation 20 Sep, 2012
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹74.5 Lakh
FY 2024 · +108% YoY
- Indian entity net loss-₹3.9 Lakh
FY 2024 · -5% margin
- Indian entity EBITDA-₹1.4 Lakh
FY 2024 · -2% margin
Associated legal entities of OPTIT SoftTech
OPTIT SoftTech operates through Optit Softtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Optit Softtech Private Limited CIN U72200TG2012PTC083226 | Active | 20 Sep 2012 | Hyderabad, Telangana | ₹0.7 Cr | 3 | View details |
Products & Services of OPTIT SoftTech
OPTIT SoftTech offers a comprehensive portfolio of products and services, including Recruitment Process Outsourcing and Human Resource Outsourcing.
Recruitment processes are outsourced to supply highly qualified technology professionals for client requirements.
Human resource functions are outsourced to support efficient management of personnel needs.
Board of directors of Optit Softtech Private Limited (OPTIT SoftTech)
Optit Softtech Private Limited is the primary company behind OPTIT SoftTech. The board of Optit Softtech Private Limited currently have 3 directors; the longest-serving is Hanumantha Rao Madhavaram, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hanumantha Rao Madhavaram DIN 06375011 | Director | 20 Sep 2012 | 14 yrs 1 mo | Optit Softtech Private Limited |
| Bhupathi Rao Alleni DIN 08695478 | Director | 11 Feb 2020 | 6 yrs 8 mo | Optit Softtech Private Limited |
| Pranayamma Alleni DIN 08695469 | Director | 11 Feb 2020 | 6 yrs 8 mo | Optit Softtech Private Limited |
Financials of OPTIT SoftTech
Figures of Optit Softtech Private Limited, the primary company behind OPTIT SoftTech, for FY 2024. Revenue was ₹74.5 Lakh (+108% year on year). Net loss was -₹3.9 Lakh (-5% margin). EBITDA was -₹1.4 Lakh (-2% margin). Revenue has grown at a compounded annual rate of -15% over five years.
- ₹74.5 LakhRevenue · FY 2024 · +108% YoY
- -₹3.9 LakhNet loss · -5% margin
- -₹1.4 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- -15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Optit Softtech Private Limited are on its company page.
Detailed financial statements for OPTIT SoftTech
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Frequently Asked Questions about OPTIT SoftTech
The primary company behind OPTIT SoftTech, Optit Softtech Private Limited, reported revenue of ₹74.5 Lakh for FY 2024, up 108% year on year.
OPTIT SoftTech is identified as a provider of highly qualified technology professionals through services such as recruitment process outsourcing, human resource outsourcing, payroll process outsourcing, and accounting process outsourcing. Accountability and commitment are emphasized, with goals achieved via cutting-edge technology. The company is situated in Hyderabad, India, and operates as an equal opportunity employer. Client needs are met with accuracy and efficiency, ensuring services align with industry demands. All aspects are handled in a structured and professional manner.
OPTIT SoftTech offers Recruitment Process Outsourcing and Human Resource Outsourcing.
OPTIT SoftTech operates through Optit Softtech Private Limited.
The legal entities of OPTIT SoftTech currently have 3 directors, including Hanumantha Rao Madhavaram, Bhupathi Rao Alleni, Pranayamma Alleni.