About Invasystems Software Solutions Private Limited
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Invasystems Software Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2006PTC129389. Its GSTIN is 27AAKCS6126J2ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹65.18 Lakh. It was formerly known as Spadeworx Software Services Private Limited. It is led by directors including Shekhar Balkrishna Jadhav and Mahesh Shivanand Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.88 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹4.08 Cr (net margin -20.5%) and EBITDA of -₹3.6 Cr (EBITDA margin -18.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SpadeWorx. Court records list 1 case involving the company, including 1 filed against it. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.69 Cr; the latest was in November 2013. Its 10 peer companies in the Information Technology industry (Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Blend360 India Private Limited with revenue of ₹20.05 Cr. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 27 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spadeworx.com.
- EmailLocked
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- Website
- Social Media
- Registered AddressUnit No. 901 Montreal Business Centre Tower II, Pallod Farms Sr. 272/3 272/4 2, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Invasystems Software Solutions Private Limited
Invasystems Software Solutions operates one associated brand: SpadeWorx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT BPO services are provided by SpadeWorx in Pune, India. | spadeworx.com |
Business Activity of Invasystems Software Solutions Private Limited
The main business activity of Invasystems Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Invasystems Software Solutions Private Limited FY 2025 filings available
Invasystems Software Solutions Private Limited reported revenue of ₹19.88 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Invasystems Software Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 51% fall in the latest year. EBITDA fell 174% 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 of Invasystems Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | 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 | -₹3.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.08 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 of Invasystems Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.5% | •••• | •••• | •••• | •••• |
| 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 Invasystems Software Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Invasystems Software Solutions Private Limited
Invasystems Software Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Balkrishna Jadhav Also directs: Trimasys Control Solutions Private Limited, Ecomax Solutions Private Limited, Modular Infotech Private Limited and 5 more | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Mahesh Shivanand Desai Also directs: Trimasys Control Solutions Private Limited, Ecomax Solutions Private Limited, Modular Infotech Private Limited and 4 more | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
| Sagar Shridhar Chitnis | Director | 25 Apr 2019 | 7 Years 5 Months | Current |
Peer Comparison of Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blend360 India Private Limited | ₹20.05 Cr (FY 2023) | •••• | •••• | 324.0% | •••• | Hyderabad, Telangana, India |
| Krish Software Services (India) Private Limited | ₹20.01 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| BD Software Distribution Private Limited | ₹19.97 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Navi Mumbai, Maharashtra, India |
| Banktech Software Services Private Limited | ₹19.95 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Mumbai, Maharashtra, India |
| 50 Hertz Limited | ₹19.9 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | New Delhi, Delhi, India |
| Invasystems Software Solutions Private Limited this company | ₹19.88 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Pune, Maharashtra, India |
| Savitr Software Services Private Limited | ₹19.86 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Hyderabad, Telangana, India |
| Knackforge Soft Solutions Private Limited | ₹19.77 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Provenir India Private Limited | ₹19.76 Cr (FY 2024) | •••• | •••• | 20547.0% | •••• | Mumbai, Maharashtra, India |
| Tekshapers Software Solutions Private Limited | ₹19.69 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Alt Digital Technologies Private Limited | ₹19.54 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Invasystems Software Solutions by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited is audited by HMA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HMA & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Invasystems Software Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.69 Cr; the latest was in November 2013.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: Icon Capital Partners Seller: Valuable Technologies Private Limited |
| Jul 2013 | Funding round | ₹3.82 Cr | Investors: Valuable Technologies Private Limited , Icon Capital Partners, 2 individuals |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Icon Capital Partners Seller: Valuable Technologies Private Limited , 3 individuals |
| Dec 2012 | Funding round | ₹1.86 Cr | Investors: Valuable Technologies Private Limited |
| Mar 2008 | Funding round | ₹3 Cr | Investors: Valuable Technologies Private Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Central Board of Trustees | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 27 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dev Information Technology Limited | •••• | •••• | •••• |
| Bitscape Infotech Private Limited | •••• | •••• | •••• |
| Hma Associates | •••• | •••• | •••• |
| Saigun Technologies Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited has a workforce of 64 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Invasystems Software Solutions Private Limited
Invasystems Software Solutions Private Limited has 19 board changes on record since 2006: 11 appointments and 8 cessations. The latest: Jitendra Prabhakar Wase ceased to be Director on 25 May 2023.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Invasystems Software Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Invasystems Software Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Invasystems Software Solutions Private Limited
Invasystems Software Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS6126J2ZZ | Maharashtra | Active | 16 Oct 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Invasystems Software Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Invasystems Software Solutions Private Limited
Invasystems Software Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 December 2006 (20+ years old) and is registered under CIN U72200PN2006PTC129389.
Invasystems Software Solutions reported revenue of ₹19.88 Cr for FY 2025 (down 51% YoY).
Invasystems Software Solutions has 3 current directors:
- Shekhar Balkrishna Jadhav - Director
- Mahesh Shivanand Desai - Director
- Sagar Shridhar Chitnis - Director
Invasystems Software Solutions reported a net loss of ₹4.08 Cr (net margin -20.5%) and EBITDA of -₹3.6 Cr (EBITDA margin -18.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Invasystems Software Solutions is -16% over three years and -3% over five years. In the latest year (FY 2025) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Invasystems Software Solutions is 27AAKCS6126J2ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Invasystems Software Solutions is U72200PN2006PTC129389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Invasystems Software Solutions has 1 court case on record: 1 filed against it.
Invasystems Software Solutions was incorporated on 29 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Invasystems Software Solutions has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹8.69 Cr; the latest was in November 2013.
The peers of Invasystems Software Solutions by revenue are Blend360 India Private Limited, Krish Software Services (India) Private Limited, BD Software Distribution Private Limited, Banktech Software Services Private Limited, 50 Hertz Limited and 5 more, all in the Information Technology industry (Software Services).
Jitendra Prabhakar Wase ceased to be Director on 25 May 2023. Mandar Vaman Bhagwat ceased to be Director on 25 May 2023. Ameya Narendra Hete ceased to be Nominee Director on 25 Apr 2019. Invasystems Software Solutions has 19 board changes on record in total.