About Drishti-Soft Solutions Private Limited
Data last updated:
Drishti-Soft Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Exotel Techcom Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 August 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC156767. Its GSTIN is 29AABCD9373R1ZP (Karnataka). The company held 6 GST registrations, of which 4 are active.
The company had an authorised share capital of ₹22.5 Lakh and a paid-up capital of ₹8.59 Lakh. It was led by directors including Ishwar Sridharan and Shivakumar Ganesan.
Its last annual general meeting (AGM) was held on 27 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 351 3rd & 4th Floor Salarpuria Tower – 1 Hosur Road Near Forum Mall Koramangala 7th Block, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2023, the company reported a revenue of ₹191.28 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹23.24 Cr (net margin 12.1%) and EBITDA of ₹34.87 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 29% over five years.
The company was associated with 2 brands: Drishti-soft Solutions and Ameyo. As per MCA filings, the company had satisfied charges of ₹15.05 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it. The company has 9 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹25.3 Cr; the latest was in March 2022. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Hyundai Autoever India Private Limited with revenue of ₹193.69 Cr. The company has 2 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 3 micro and small suppliers.
The last known website on record is drishti-soft.com.
Company details
CIN history
Drishti-Soft Solutions has one previous CIN (Corporate Identification Number): U72900DL2003PTC121680. The current CIN is U72900KA2003PTC156767, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2003PTC156767 | Current |
| U72900DL2003PTC121680 | Previous |
Contact details
Drishti-Soft Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is drishti-soft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address351 3rd & 4th Floor Salarpuria Tower – 1 Hosur Road Near Forum Mall Koramangala 7th Block, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Drishti-Soft Solutions 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
Drishti-Soft Solutions operates two associated brands: Drishti-soft Solutions and Ameyo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| News publishing, article distribution, and information services in India. | drishti-soft.in | |
| Contact center solution on the cloud and on-premises | ameyo.com |
Business activity
The main business activity of Drishti-Soft 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 Drishti-Soft Solutions Private Limited, buy the company report.
Financials of Drishti-Soft Solutions Private Limited
FY 2024 filings availableDrishti-Soft Solutions Private Limited reported revenue of ₹191.28 Cr (up 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 32% growth in the latest year. EBITDA rose 69% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹191.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.24 Cr | ||||
| 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 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 12.1% | ||||
| 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 Drishti-Soft Solutions Private Limited, buy the company report.
Board of directors of Drishti-Soft Solutions Private Limited
Drishti-Soft Solutions has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishwar Sridharan | Director | 07 Jul 2021 | 5 Years 4 Months | As last reported |
| Shivakumar Ganesan | Director | 07 Jul 2021 | 5 Years 4 Months | As last reported |
| Sachin Bhatia | Director | 30 Sep 2005 | 21 Years 1 Months | As last reported |
Peer comparison
Drishti-Soft Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with 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 |
|---|---|---|---|---|---|---|
| Hyundai Autoever India Private Limited | ₹193.69 Cr (FY 2021) | -16.0% | Chennai, Tamil Nadu, India | |||
| Microsemi Storage Solutions India Private Limited | ₹191.37 Cr (FY 2019) | 11.0% | Bangalore, Karnataka, India | |||
| Drishti-Soft Solutions Private Limitedthis company | ₹191.28 Cr (FY 2023) | ₹23.24 Cr | 12.1% | 32.0% | Bangalore, Karnataka, India | |
| Civica Resource Private Limited | ₹187.92 Cr (FY 2025) | 4.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Drishti-Soft Solutions Private Limited, buy the company report.
Auditor
Drishti-Soft Solutions Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Drishti-Soft Solutions 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 Drishti-Soft Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2018 | 100205444 | Standard Chartered Bank | ₹2.4 Cr | Satisfied | |
| 23 Mar 2017 | 100112199 | Others | ₹8.5 Cr | Satisfied | |
| 23 Mar 2017 | 100112204 | Standard Chartered Bank | ₹2.15 Cr | Satisfied | |
| 20 Jun 2014 | 10509947 | Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Drishti-Soft Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Drishti-Soft Solutions Private Limited has 9 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹25.3 Cr; the latest was in March 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Acquisition | ₹132.92 Cr | Buyer: Exotel Techcom Private Limited Seller: 4 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Exotel Techcom Private Limited Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Drishti-Soft Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Drishti-Soft Solutions Private Limited has 10 court cases on record: 8 filed by Drishti-Soft Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Ms MNB Digital Solutions Pvt Ltd | Disposed |
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company against an individual | Disposed |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against an individual | Disposed |
| District court, Gurugram, Haryana | Court case (COMI) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Drishti-Soft Solutions 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
Drishti-Soft Solutions Private Limited has 2 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Corrz Technosolutions Private Limited | |||
| Allincall Research and Solutions Private Limited | |||
| Ati Travels Private Limited |
To see the full MSME payment records of Drishti-Soft Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Drishti-Soft Solutions has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD9373R1ZP | Karnataka | Active | 01 Jul 2017 |
| 06AABCD9373R1ZX | Haryana | Active | 01 Jul 2017 |
| 07AABCD9373R2ZU | Delhi | Active | 01 Jul 2017 |
| 27AABCD9373R1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Drishti-Soft Solutions Private Limited, buy the company report.
Recent activity
Drishti-Soft Solutions Private Limited has 14 board changes on record since 2005: 3 appointments and 11 cessations. The latest: Bishal Kumar Lachhiramka ceased to be Managing Director on 07 Jul 2021.
14 earlier events are in the company report.
News
Frequently asked questions
Drishti-Soft Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Drishti-Soft Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 07 August 2003 and is registered under CIN U72900KA2003PTC156767. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Drishti-Soft Solutions was incorporated on 07 August 2003. It is registered with the Registrar of Companies, Bangalore.
Drishti-Soft Solutions had 3 directors:
- Ishwar Sridharan - Director
- Shivakumar Ganesan - Director
- Sachin Bhatia - Director
The CIN (Corporate Identification Number) of Drishti-Soft Solutions is U72900KA2003PTC156767. 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 Drishti-Soft Solutions is at 351 3rd & 4th Floor Salarpuria Tower – 1 Hosur Road Near Forum Mall Koramangala 7th Block, Bangalore, Karnataka, India – 560095.
Drishti-Soft Solutions can be reached through the website drishti-soft.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Drishti-Soft Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Drishti-Soft Solutions is 29AABCD9373R1ZP, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCD9373R1ZX (Haryana), 07AABCD9373R2ZU (Delhi), 27AABCD9373R1ZT (Maharashtra).
Drishti-Soft Solutions operated in the information technology industry, in the application development and software solutions segment.
Drishti-Soft Solutions has 9 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹25.3 Cr; the latest was in March 2022.
The peers of Drishti-Soft Solutions by revenue are Hyundai Autoever India Private Limited, Microsemi Storage Solutions India Private Limited, Civica Resource Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
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