Startup India Government of India
Dacway IT Solutions Private Limited - software in Solapur, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2022
₹60.89 Lakh
▲ 1257% YoY
Net profit · FY 2022
₹48,100
Net margin 0.8%
EBITDA · FY 2022
₹1.63 Lakh
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
4
Provident fund records
Directors on board
2
As per MCA filings
About Dacway IT Solutions Private Limited
Data last updated:
Dacway IT Solutions Private Limited is a private limited company based in Solapur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 07 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2020PTC190577.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipul Nashte and Tejashri Vipul Nashte.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 242 Jodbhavi Peth, Solapur, Maharashtra, India – 413002.
As per the financials filed for FY 2022, the company reported a revenue of ₹60.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹48,100 (net margin 0.8%) and EBITDA of ₹1.63 Lakh (EBITDA margin 2.7%).
The company has about 4 employees on its provident fund (EPFO) records.
Dacway IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-32-0048158). For more details, the company can be reached via its website dacway.com.
Company Details of Dacway IT Solutions Private Limited
CIN U72200PN2020PTC190577
Registration Number 190577
Incorporation Date 07 April 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-32-0048158
Recognitions & Rankings of Dacway IT Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-32-0048158
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address242 Jodbhavi Peth, Solapur, Maharashtra, India – 413002
- IndustrySoftware, Software Publishing, Software Development
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Business Activity of Dacway IT Solutions Private Limited
The main business activity of Dacway IT 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Dacway IT Solutions Private Limited FY 2022 filings available
Dacway IT Solutions Private Limited reported revenue of ₹60.89 Lakh (up 1257% YoY) for FY 2022.
Revenue · FY 2022
₹60.89 Lakh ▲ 1257%
Net profit · FY 2022
₹48,100 margin 0.8%
EBITDA · FY 2022
₹1.63 Lakh margin 2.7%
Financial Statement Summary of Dacway IT Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | ₹1.63 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹48,100 | •••• |
| 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 Dacway IT Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.7% | •••• |
| Net Profit Margin | 0.8% | •••• |
| 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 Dacway IT Solutions are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Dacway IT Solutions Private Limited
Dacway IT Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Nashte Also directs: Oro Foodilico LLP, Dacway Services LLP | Director | 07 Apr 2020 | 6 Years 6 Months | Current |
| Tejashri Vipul Nashte Also directs: Oro Foodilico LLP, Dacway Services LLP | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
Peer Comparison of Dacway IT Solutions Private Limited
Dacway IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ace Applied Software Services Private Limited | ₹61.1 Lakh (FY 2025) | •••• | •••• | 203567.0% | •••• | Chennai, Tamil Nadu, India |
| Ioticstech Solutions Private Limited | ₹61.08 Lakh (FY 2025) | •••• | •••• | 556.0% | •••• | Kannur, Kerala, India |
| Technogetic Private Limited | ₹61.02 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Mohali, Punjab, India |
| Expresstech Softwares Solutions Private Limited | ₹61 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Indore, Madhya Pradesh, India |
| Sculp Softech Private Limited | ₹60.99 Lakh (FY 2025) | •••• | •••• | 131.0% | •••• | Ahmedabad, Gujarat, India |
| Dacway IT Solutions Private Limited this company | ₹60.89 Lakh (FY 2022) | •••• | •••• | 1257.0% | •••• | Solapur, Maharashtra, India |
| Yodasoft Technologies Private Limited | ₹60.89 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Bangalore, Karnataka, India |
| Salgem Infoigy Tech Private Limited | ₹60.87 Lakh (FY 2024) | •••• | •••• | 86.0% | •••• | Solapur, Maharashtra, India |
| Sattvaq IT Solutions Private Limited | ₹60.86 Lakh (FY 2023) | •••• | •••• | 62.0% | •••• | Hyderabad, Telangana, India |
| Srisoft Infotech India Private Limited | ₹60.82 Lakh (FY 2016) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Paarth Solutions Private Limited | ₹60.82 Lakh (FY 2025) | •••• | •••• | 13415.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Dacway IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Dacway IT Solutions Private Limited
Dacway IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Dacway IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Dacway IT Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Verified entity values are shown only after access is granted.
Recent Activity on Dacway IT Solutions Private Limited
Dacway IT Solutions Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Shobha Shivraj Deshmukh ceased to be Additional Director on 30 Sep 2022.
AGM
Dacway It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Shobha Shivraj Deshmukh ceased to be Additional Director.
Filing
Dacway It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Ceased
Tejashri Vipul Nashte ceased to be Additional Director.
Ceased
Satyaprakash Sharma ceased to be Director.
Appointed
Tejashri Vipul Nashte was appointed as Director.
Appointed
Vipul Nashte was appointed as Director.
Incorporation
07 Apr 2020
Dacway It Solutions Private Limited was registered on 07 Apr 2020 with Roc Pune & aged 6 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Dacway IT Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Dacway IT Solutions Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Dacway IT Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Dacway IT Solutions Private Limited
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MCA Filings & Documents of Dacway IT Solutions Private Limited
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MCA filings and documents
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Frequently Asked Questions about Dacway IT Solutions Private Limited
Dacway IT Solutions is an active private limited company based in Solapur, Maharashtra, India. The company works in software publishing, within the software industry. It was incorporated on 07 April 2020 (6+ years old) and is registered under CIN U72200PN2020PTC190577.
Dacway IT Solutions reported revenue of ₹60.89 Lakh for FY 2022 (up 1257% YoY).
Dacway IT Solutions has 2 current directors:
- Vipul Nashte - Director
- Tejashri Vipul Nashte - Director
Dacway IT Solutions reported a net profit of ₹48,100 (net margin 0.8%) and EBITDA of ₹1.63 Lakh (EBITDA margin 2.7%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Dacway IT Solutions is U72200PN2020PTC190577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dacway IT Solutions was incorporated on 07 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Dacway IT Solutions by revenue are Ace Applied Software Services Private Limited, Ioticstech Solutions Private Limited, Technogetic Private Limited, Expresstech Softwares Solutions Private Limited, Sculp Softech Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Shobha Shivraj Deshmukh ceased to be Additional Director on 30 Sep 2022. Tejashri Vipul Nashte ceased to be Additional Director on 30 Dec 2021. Satyaprakash Sharma ceased to be Director on 05 Aug 2021. Dacway IT Solutions has 5 board changes on record in total.
Yes, Dacway IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dacway IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-32-0048158).
Dacway IT Solutions can be reached through the website dacway.com. Its registered office is in Solapur, Maharashtra, India.