Equifax Software Systems Private Limited

Equifax Software Systems Private Limited - information technology in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72900MH2008PTC221470 Incorporated 19 March 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹49.47 Cr
▲ 28% YoY
Net profit · FY 2020
₹1.18 Cr
Net margin 2.4%
EBITDA · FY 2020
₹6.77 Cr
EBITDA margin 13.7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
61
Provident fund records
Directors on board
4
As per MCA filings

About Equifax Software Systems Private Limited

Data last updated:

Equifax Software Systems Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Efx Holdings 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 software development and support services segment of the technology and IT services sector. It was incorporated on 19 March 2008.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC221470. Its GSTIN is 27AACCE0281G1ZX (Maharashtra).

The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Proswift Software Systems Private Limited. It was led by directors including Manu Sehgal and Mandya Srinivasan Santhosh.

Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Unit No932 3rd Flr Building No9 Solitairecorporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2020, the company reported a revenue of ₹49.47 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 2.4%) and EBITDA of ₹6.77 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 58% over five years.

The company had about 61 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Equifax. Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2018.

The last known website on record is equifax.com.

Company details

CIN U72900MH2008PTC221470
Registration Number 221470
Incorporation Date 19 March 2008
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2020
Date of Balance Sheet 31 March 2020
Parent Company Efx Holdings Limited
Compliance Status Active Compliant

CIN history

Equifax Software Systems has one previous CIN (Corporate Identification Number): U72900DL2008PTC175614. The current CIN is U72900MH2008PTC221470, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900MH2008PTC221470Current
U72900DL2008PTC175614Previous

Contact details

Equifax Software Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is equifax.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Unit No932 3rd Flr Building No9 Solitairecorporate Park Andheri Ghatkopar Link Road Andheri, (E), Mumbai, Maharashtra, India – 400093
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Equifax Software Systems Private Limited, buy the company report.

Comprehensive company report
Equifax Software Systems Private Limited - one report that includes everything
  • 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
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Brands

Equifax Software Systems operates one associated brand: Equifax. Each brand links to its own profile.

BrandDescriptionWebsite
Credit score data is provided online for businesses and individuals.equifax.com

Business activity

The main business activity of Equifax Software Systems is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Equifax Software Systems Private Limited, buy the company report.

Financials of Equifax Software Systems Private Limited

FY 2020 filings available

Equifax Software Systems Private Limited reported revenue of ₹49.47 Cr (up 28% YoY) for FY 2020.

Revenue · FY 2020
₹49.47 Cr ▲ 28%
Net profit · FY 2020
₹1.18 Cr margin 2.4%
EBITDA · FY 2020
₹6.77 Cr margin 13.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 18%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 14%
5 years · compounded
▲ 29%

Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 28% growth in the latest year. EBITDA rose 66% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹49.47 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.77 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.18 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin13.7%
Net Profit Margin2.4%
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 Equifax Software Systems Private Limited, buy the company report.

Board of directors of Equifax Software Systems Private Limited

Equifax Software Systems has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mandya Srinivasan SanthoshAdditional Director09 Nov 20205 Years 11 MonthsAs last reported
Juan Ramon Ruiz LopezAdditional Director01 Dec 20205 Years 10 MonthsAs last reported
Manu SehgalDirector05 Jan 201313 Years 9 MonthsAs last reported
Nipa Sundeep ModiAdditional Director09 Nov 20205 Years 11 MonthsAs last reported

Auditor

Equifax Software Systems Private Limited is audited by SINGHI & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SINGHI & COFY 2020302049E

Shareholding

The shareholding of Equifax Software Systems Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Equifax Software Systems Private Limited, buy the company report.

Deals & funding

Equifax Software Systems Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2018.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Sep 2018Secondary share transferUndisclosedBuyer: an individual
Seller: Equifax Decision Systems B.v.
Sep 2009Secondary share transferUndisclosedBuyer: Equifax Decision Systems B.v., EFX Holdings Limited
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Equifax Software Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Equifax Software Systems Private Limited has a workforce of 61 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
61
Active EPFO establishments
1
Employee growth
-28.24%

GST

Equifax Software Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCE0281G1ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Equifax Software Systems Private Limited, buy the company report.

Recent activity

Equifax Software Systems Private Limited has 17 board changes on record since 2009: 4 appointments and 13 cessations. The latest: Michael Gabe Bonfield ceased to be Director on 04 Dec 2020.

Ceased
Michael Gabe Bonfield ceased to be Director.
Appointed
Juan Ramon Ruiz Lopez was appointed as Additional Director.
Appointed
Mandya Srinivasan Santhosh was appointed as Additional Director.
Appointed
Nipa Sundeep Modi was appointed as Additional Director.
AGM
Equifax Software Systems Private Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.
Filing
Equifax Software Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Ceased
Jessica Anderson Clay ceased to be Additional Director.
Ceased
Shawn Kevin Baldwin ceased to be Director.
Ceased
Mark Edmond Young ceased to be Director.
Ceased
Kaustubh Kamalakar Deshpande ceased to be Additional Director.
Ceased
Akashdeep Prabhakar Shanbhogue ceased to be Director.
Ceased
Manu Sehgal ceased to be Additional Director.

8 earlier events are in the company report.

Frequently asked questions

Equifax Software Systems 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.

Equifax Software Systems was a private limited company based in Mumbai, Maharashtra, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 19 March 2008 and is registered under CIN U72900MH2008PTC221470. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Equifax Software Systems was incorporated on 19 March 2008. It is registered with the Registrar of Companies, Mumbai.

Equifax Software Systems had 4 directors:

The CIN (Corporate Identification Number) of Equifax Software Systems is U72900MH2008PTC221470. 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 Equifax Software Systems is at Unit No932 3rd Flr Building No9 Solitairecorporate Park Andheri Ghatkopar Link Road Andheri, E, Mumbai, Maharashtra, India – 400093.

Equifax Software Systems can be reached through the website equifax.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Equifax Software Systems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Equifax Software Systems is 27AACCE0281G1ZX, registered in Maharashtra.

Equifax Software Systems operated in the information technology industry, in the software development and support services segment.