About Meta Soft Tech Systems Private Limited
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Meta Soft Tech Systems Private Limited was a private limited company based in Ahmedabad, Gujarat, India. 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 27 March 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2013PTC144141. Its GSTIN is 33AAICM5086F1ZF (Tamil Nadu).
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹54.36 Lakh. It was led by directors Ashank Datta Desai and Arun Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.09 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹3.71 Cr (net margin 6.9%) and EBITDA of ₹6.71 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 40% over five years.
The company had about 311 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Meta Soft Tech Systems. Court records list 2 cases involving the company, including 2 filed by the company. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.46 Cr; the latest was in March 2023. Its 4 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger; the largest is Hyniva Consulting Services Private Limited with revenue of ₹55.45 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is metasts.com.
Company details
CIN history
Meta Soft Tech Systems has one previous CIN (Corporate Identification Number): U72900TN2013PTC090292. The current CIN is U72900GJ2013PTC144141, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900GJ2013PTC144141 | Current |
| U72900TN2013PTC090292 | Previous |
Contact details
Meta Soft Tech Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is metasts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address804 805 President House, Opposite Cn Vidyalaya, Ahmedabad, Gujarat, India – 380006
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Meta Soft Tech Systems 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
Meta Soft Tech Systems operates one associated brand: Meta Soft Tech Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Website development, cloud, and managed IT services are provided. | metasts.com |
Business activity
The main business activity of Meta Soft Tech Systems 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 Meta Soft Tech Systems Private Limited, buy the company report.
Financials of Meta Soft Tech Systems Private Limited
FY 2023 filings availableMeta Soft Tech Systems Private Limited reported revenue of ₹54.09 Cr (up 86% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 86% growth in the latest year. EBITDA rose 373% 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 | ₹54.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.71 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 | 12.4% | ||||
| Net Profit Margin | 6.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Meta Soft Tech Systems Private Limited, buy the company report.
Board of directors of Meta Soft Tech Systems Private Limited
Meta Soft Tech Systems has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashank Datta Desai Also directs: Mastek Limited, National Association of Software and Service Companies, Indian Federation Against Software Theft and 5 more | Director | 02 Aug 2022 | 4 Years 2 Months | As last reported |
| Arun Agarwal Also directs: Ness Digital Engineering (India) Private Limited | Director | 07 Jan 2023 | 3 Years 9 Months | As last reported |
Peer comparison
Meta Soft Tech Systems Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), 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 |
|---|---|---|---|---|---|---|
| Hyniva Consulting Services Private Limited | ₹55.45 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Reflections Info Systems Private Limited | ₹54.96 Cr (FY 2025) | -29.0% | Thiruvananthapuram, Kerala, India | |||
| Coriolis Technologies Private Limited | ₹54.95 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| V-Soft Consulting Corporation Private Limited | ₹54.15 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Meta Soft Tech Systems Private Limitedthis company | ₹54.09 Cr (FY 2023) | ₹3.71 Cr | 6.9% | 86.0% | 311 | Ahmedabad, Gujarat, India |
To see the full peer comparison of Meta Soft Tech Systems Private Limited, buy the company report.
Auditor
Meta Soft Tech Systems Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Meta Soft Tech Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meta Soft Tech Systems Private Limited, buy the company report.
Deals & funding
Meta Soft Tech Systems Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.46 Cr; the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Mastek Limited Seller: Meta Soft Tech Solutions Llc |
| Mar 2021 | Funding round | ₹10.31 Cr | Investors: Meta Soft Tech Solutions Llc |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Meta Soft Tech Solutions Llc Seller: 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Aug 2013 | Funding round | ₹15 Lakh | Investors: 2 individuals |
To see the full deal history of Meta Soft Tech Systems 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
Meta Soft Tech Systems Private Limited has 2 court cases on record: 2 filed by Meta Soft Tech Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Meta Soft Tech Systems 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
Meta Soft Tech Systems Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Icici Bank Limited |
To see the full MSME payment records of Meta Soft Tech Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Meta Soft Tech Systems Private Limited has a workforce of 311 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Meta Soft Tech Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICM5086F1ZF | Tamil Nadu | Active | 24 Oct 2019 |
To see the full GST registrations and return filing status of Meta Soft Tech Systems Private Limited, buy the company report.
Recent activity
Meta Soft Tech Systems Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Arun Agarwal ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Meta Soft Tech 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.
Meta Soft Tech Systems was a private limited company based in Ahmedabad, Gujarat, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 27 March 2013 and is registered under CIN U72900GJ2013PTC144141. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Meta Soft Tech Systems was incorporated on 27 March 2013. It is registered with the Registrar of Companies, Ahmedabad.
Meta Soft Tech Systems had 2 directors:
- Ashank Datta Desai - Director
- Arun Agarwal - Director
The CIN (Corporate Identification Number) of Meta Soft Tech Systems is U72900GJ2013PTC144141. 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 Meta Soft Tech Systems is at 804 805 President House, Opposite Cn Vidyalaya, Ahmedabad, Gujarat, India – 380006.
Meta Soft Tech Systems can be reached through the website metasts.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Meta Soft Tech Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Meta Soft Tech Systems is 33AAICM5086F1ZF, registered in Tamil Nadu.
Meta Soft Tech Systems operated in the information technology industry, in the software development and support services segment.
Meta Soft Tech Systems has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.46 Cr; the latest was in March 2023.
The peers of Meta Soft Tech Systems by revenue are Hyniva Consulting Services Private Limited, Reflections Info Systems Private Limited, Coriolis Technologies Private Limited, V-Soft Consulting Corporation Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).