Ligature Software Private Limited

Ligature Software Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2004PTC033994 Incorporated 24 May 2004 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹8.44 Lakh
▲ 56% YoY
Net loss · FY 2018
₹24.47 Lakh
Net margin -289.9%
EBITDA · FY 2018
-₹22.29 Lakh
EBITDA margin -264.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Ligature Software Private Limited

Data last updated:

Ligature Software Private Limited was a private limited company based in Bangalore, Karnataka, 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 programming segment of the technology and IT services sector. It was incorporated on 24 May 2004.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC033994. Its GSTIN is 29AAACL9860G1Z5 (Karnataka).

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Anand Manvi and Sridhar Gadwalkar Narsingh.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.1751 10th Cross 4th Main Sahakarnagar C Block, Bangalore, Karnataka, India – 560092.

As per the financials filed for FY 2018, the company reported a revenue of ₹8.44 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹24.47 Lakh (net margin -289.9%) and EBITDA of -₹22.29 Lakh (EBITDA margin -264.2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.

The company was associated with 1 brand: Ligature Software.

The last known website on record is ligaturesoftware.com.

Company Details of Ligature Software Private Limited
CIN U72200KA2004PTC033994
Registration Number 033994
Incorporation Date 24 May 2004
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.1751 10th Cross 4th Main Sahakarnagar C Block, Bangalore, Karnataka, India – 560092
  • Industry
    Information Technology, Computer Programming, Consultancy
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Financials, compliance, directors, charges, ownership and filings for Ligature Software Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Ligature Software Private Limited

The main business activity of Ligature Software is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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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 Ligature Software Private Limited FY 2018 filings available

Ligature Software Private Limited reported revenue of ₹8.44 Lakh (up 56% YoY) for FY 2018.

Revenue · FY 2018
₹8.44 Lakh ▲ 56%
Net loss · FY 2018
₹24.47 Lakh margin -289.9%
EBITDA · FY 2018
-₹22.29 Lakh margin -264.2%

Compounded Annual Growth Rate (CAGR) of Ligature Software Private Limited

Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▼ 19%
EBITDA CAGR growth
3 years · compounded
▲ 19%

Revenue rose 56% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 19%. 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 Ligature Software Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹22.29 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹24.47 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 of Ligature Software Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-264.2%••••••••••••
Net Profit Margin-289.9%••••••••••••
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 Ligature Software are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Ligature Software Private Limited

Ligature Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Credible Digital Security Private Limited••••••••••••••••-Harmada, Rajasthan, India
Healthlink Technologies Private Limited••••••••••••••••-Pune, Maharashtra, India
LN Tech Infozone Private Limited••••••••••••••••-Greater Noida, Uttar Pradesh, India
Qodum Tech Services Private Limited••••••••••••••••-Bangalore North, Karnataka, India
Sable37 Systems India Private Limited••••••••••••••••-Gurgaon, Haryana, India
Ligature Software Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Utkarsh Staffing Private Limited••••••••••••••••-Secunderabad, Telangana, India
Cloud Leap Technologies Private Limited••••••••••••••••-Rangareddy, Telangana, India
Ajalytics Technologies Private Limited••••••••••••••••-Hyderabad, Telangana, India
Upw Infotech Private Limited••••••••••••••••-Kolkata, West Bengal, India
Ksan Infotech Private Limited••••••••••••••••-Panipat, Haryana, India

Peers are the five companies nearest above and the five nearest below Ligature Software by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Ligature Software Private Limited

Ligature Software Private Limited is audited by GRSM & Associates for the financial year 2017.

NameStatusAppointment DateCessation Date
GRSM & AssociatesLockedLockedLocked
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Board of Directors of Ligature Software Private Limited

Ligature Software has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anand ManviDirector02 Aug 20188 Years 2 MonthsAs last reported
Sridhar Gadwalkar NarsinghDirector24 May 200422 Years 4 MonthsAs last reported

Ownership and Shareholding of Ligature Software Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Ligature Software Private Limited

Ligature Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Ligature Software Private Limited

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

BrandDescriptionWebsite
Delivers SaaS-based solutions for building energy management in residential and commercial properties.ligaturesoftware.com

Employees and EPFO Compliance at Ligature Software Private Limited

Employment history and EPFO contributions of people linked to Ligature Software.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Ligature Software Private Limited

Ligature Software Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Anand Manvi ceased to be Director on 28 Oct 2020.

Ceased
Anand Manvi ceased to be Director.
AGM
Ligature Software Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Ceased
Shobha Sridhar Gadwalkar ceased to be Director.
Appointed
Anand Manvi was appointed as Director.
Filing
Ligature Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Ravishankar Somashekar ceased to be Director.
Ceased
Narsingh Gadwal Bandi ceased to be Director.
Appointed
Sridhar Gadwalkar Narsingh was appointed as Director.
Incorporation
24 May 2004
Ligature Software Private Limited was registered on 24 May 2004 with Roc Bangalore & aged 22 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Ligature Software Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Ligature Software Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Ligature Software Private Limited

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GST Compliance of Ligature Software Private Limited

Ligature Software has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACL9860G1Z5KarnatakaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ligature Software Private Limited

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Frequently Asked Questions about Ligature Software Private Limited

Ligature Software 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.

Ligature Software was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 24 May 2004 and is registered under CIN U72200KA2004PTC033994. The company has been struck off by the Registrar of Companies and is no longer operational.

Ligature Software had 2 directors:

The CIN (Corporate Identification Number) of Ligature Software is U72200KA2004PTC033994. 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 Ligature Software is at No.1751 10th Cross 4th Main Sahakarnagar C Block, Bangalore, Karnataka, India – 560092.

Ligature Software was incorporated on 24 May 2004. It is registered with the Registrar of Companies, Bangalore.

Ligature Software can be reached through the website ligaturesoftware.com. Its registered office is in Bangalore, Karnataka, India.

Ligature Software reported revenue of ₹8.44 Lakh for FY 2018 (up 56% YoY).

Ligature Software has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Ligature Software reported a net loss of ₹24.47 Lakh (net margin -289.9%) and EBITDA of -₹22.29 Lakh (EBITDA margin -264.2%) for FY 2018, as per its filed financial statements.

The GSTIN of Ligature Software is 29AAACL9860G1Z5, registered in Karnataka.

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