Dataswift Solutions Private Limited
About Dataswift Solutions Private Limited
Data last updated:
Dataswift Solutions Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 February 2022.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2022PTC120959.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Devu Soni and Swetha Veeravalli.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Flat No. 501 Chandan Vihar Near Baba College Pm Palem, Visakhapatnam, Andhra Pradesh, India – 530048.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.85 Lakh. For the same year it recorded a net loss of ₹1.04 Lakh (net margin -8.7%) and EBITDA of -₹1.04 Lakh (EBITDA margin -8.7%).
Company details
Contact details
Dataswift Solutions Private Limited's registered office is in Visakhapatnam, Andhra Pradesh.
- Registered AddressFlat No. 501 Chandan Vihar Near Baba College Pm Palem, Visakhapatnam, Andhra Pradesh, India – 530048
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Dataswift Solutions 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 Dataswift Solutions Private Limited, buy the company report.
Financials of Dataswift Solutions Private Limited
FY 2023 filings availableDataswift Solutions Private Limited reported revenue of ₹11.85 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | -₹1.04 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.04 Lakh | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.7% | |
| Net Profit Margin | -8.7% | |
| 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 | ||
To see the full financial statements and ratios of Dataswift Solutions Private Limited, buy the company report.
Board of directors of Dataswift Solutions Private Limited
Dataswift Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devu Soni | Director | 26 Feb 2022 | 4 Years 7 Months | As last reported |
| Swetha Veeravalli | Director | 26 Feb 2022 | 4 Years 7 Months | As last reported |
Peer comparison
Dataswift Solutions 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 |
|---|---|---|---|---|---|---|
| Nexart Technosolutions Private Limited | ₹11.87 Lakh (FY 2024) | 27.0% | Neyyattinkara, Kerala, India | |||
| Technomindssolutions Private Limited | ₹11.85 Lakh (FY 2021) | -35.0% | Bhubaneswar, Odisha, India | |||
| Hrita Solutions Private Limited | ₹11.85 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Sensedose Technologies Private Limited | ₹11.85 Lakh (FY 2024) | -27.0% | Nashik, Maharashtra, India | |||
| Dataswift Solutions Private Limitedthis company | ₹11.85 Lakh (FY 2023) | -₹1.04 Lakh | -8.7% | Visakhapatnam, Andhra Pradesh, India | ||
| Zantrik Technologies Private Limited | ₹11.84 Lakh (FY 2020) | -54.0% | Guwahati, Assam, India | |||
| Prakalp Ventures Private Limited | ₹11.84 Lakh (FY 2025) | 1.0% | Chennai, Tamil Nadu, India | |||
| Crew IT Services Private Limited | ₹11.83 Lakh (FY 2022) | Hyderabad, Telangana, India |
To see the full peer comparison of Dataswift Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dataswift Solutions 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 Dataswift Solutions 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 Dataswift Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dataswift Solutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Devu Soni was appointed as Director on 26 Feb 2022.
Frequently asked questions
Dataswift Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Dataswift Solutions was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 26 February 2022 and is registered under CIN U72900AP2022PTC120959. The company has been struck off by the Registrar of Companies and is no longer operational.
Dataswift Solutions had 2 directors:
- Devu Soni - Director
- Swetha Veeravalli - Director
The CIN (Corporate Identification Number) of Dataswift Solutions is U72900AP2022PTC120959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dataswift Solutions is at Flat No. 501 Chandan Vihar Near Baba College Pm Palem, Visakhapatnam, Andhra Pradesh, India – 530048.
Dataswift Solutions was incorporated on 26 February 2022. It is registered with the Registrar of Companies, Vijayawada.
The latest financial statements of Dataswift Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2022 are in the company report.
Dataswift Solutions operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
The peers of Dataswift Solutions by revenue are Nexart Technosolutions Private Limited, Technomindssolutions Private Limited, Hrita Solutions Private Limited, Sensedose Technologies Private Limited, Zantrik Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Devu Soni was appointed as Director on 26 Feb 2022. Swetha Veeravalli was appointed as Director on 26 Feb 2022.
Dataswift Solutions can be reached at its registered office: Flat No. 501 Chandan Vihar Near Baba College Pm Palem, Visakhapatnam, Andhra Pradesh, India – 530048.