About India Market Softech Limited
Data last updated:
India Market Softech Limited is a public limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2014PLC035276. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as India Market Softech Private Limited. It is led by directors including Ravinder Gupta and Rajinder Kumar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No. 44 Phase – II Industrial Area, Chandigarh, India – 160002.
As per the financials filed for FY 2016, the company reported a revenue of ₹78.68 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.22 Lakh (net margin 5.4%) and EBITDA of ₹6.72 Lakh (EBITDA margin 8.5%).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: MedzSoft, India Softech and India Market Hub. As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 23 cases involving the company, including 6 filed by the company and 17 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website indiasoftech.in.
CIN History
India Market Softech has one previous CIN (Corporate Identification Number): U72900CH2014PTC035276. The current CIN is U72900CH2014PLC035276, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900CH2014PLC035276 | Current |
| U72900CH2014PTC035276 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 44 Phase – II Industrial Area, Chandigarh, India – 160002
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
- 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
India Market Softech operates multiple associated brands including MedzSoft, India Softech, and India Market Hub. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive EHR and practice management platforms for women's health. | medzsoft.com | |
| Delivers software, website, mobile app development, web hosting, SEO, and other IT services. | indiasoftech.in | |
| Provides online casino games, live dealers, and betting promotions for users worldwide. | indiamarkethub.com |
Financials of India Market Softech Limited
FY 2016 filings availableIndia Market Softech Limited reported revenue of ₹78.68 Lakh (up 791% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 791% in the latest year. EBITDA rose 172% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹78.68 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹6.72 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹4.22 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
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.5% | |
| Net Profit Margin | 5.4% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15, 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 India Market Softech 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
Board of Directors of India Market Softech Limited
India Market Softech has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Gupta | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
| Rajinder Kumar | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
| Veena Gupta | Director | 02 Aug 2024 | 2 Years 2 Months | Current |
Peer Comparison
India Market Softech Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neterson Technologies Private Limited | ₹78.97 Lakh (FY 2022) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Giant Wheel Animation Production and Research Private Limited | ₹78.79 Lakh (FY 2019) | •••• | •••• | -53.0% | •••• | Bhubaneswar, Odisha, India |
| Creativeking India Information & Communication Technology Private Limited | ₹78.74 Lakh (FY 2024) | •••• | •••• | 374.0% | •••• | Ahmedabad, Gujarat, India |
| India Market Softech Limited this company | ₹78.68 Lakh (FY 2016) | •••• | •••• | 791.0% | •••• | Chandigarh, India |
| Codeplay Labs Private Limited | ₹78.63 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Thaver Tech Private Limited | ₹78.56 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Seasia Infotech Private Limited | ₹78.55 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Ambala Cantt, Haryana, India |
Peers are the companies nearest to India Market Softech by revenue, above and below it, in the Information Technology industry (Application Development), with the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
India Market Softech Limited is audited by P G M & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P G M & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2016 | Others | ₹1.25 Cr | Open |
Total charge records: 1 View all charges
Legal Cases
India Market Softech Limited has 23 court cases on record: 6 filed by India Market Softech, 17 filed against it. 5 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 14 | 1 |
| High courts | 5 | 0 | 4 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Appeal | Filed by the company against M/S Debugged Developers Pvt. Ltd. | Pending |
| District court, Mohali, Punjab | Civil suit | Filed against the company by M/S Debugged Developers Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, Chandigarh | Arbitration matter | Filed against the company by India Infoline Finance Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
: available in 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.
Employees and EPFO Compliance
India Market Softech Limited has a workforce of 2 employees as of Apr 03, 2024.
: available in the company report
Recent Activity
India Market Softech Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Rajinder Kumar was appointed as Director on 02 Aug 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
India Market Softech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
India Market Softech is an active public limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 November 2014 (12+ years old) and is registered under CIN U72900CH2014PLC035276.
India Market Softech has 3 current directors:
- Ravinder Gupta - Director
- Rajinder Kumar - Director
- Veena Gupta - Director
The latest financial statements of India Market Softech on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. India Market Softech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of India Market Softech is U72900CH2014PLC035276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Market Softech has 23 court cases on record: 6 filed by the company and 17 filed against it. 5 are pending. Most are in the district courts.
India Market Softech was incorporated on 18 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of India Market Softech by revenue are Neterson Technologies Private Limited, Giant Wheel Animation Production and Research Private Limited, Creativeking India Information & Communication Technology Private Limited, Codeplay Labs Private Limited, Thaver Tech Private Limited and 1 more, all in the Information Technology industry (Application Development), with the same principal business activity (data processing, hosting and related activities; web portal).
Rajinder Kumar was appointed as Director on 02 Aug 2024. Ravinder Gupta was appointed as Director on 02 Aug 2024. Veena Gupta was appointed as Director on 02 Aug 2024. India Market Softech has 9 board changes on record in total.
India Market Softech can be reached through the website indiasoftech.in. Its registered office is in Chandigarh, India.
The registered office of India Market Softech is at Plot No. 44 Phase – II Industrial Area, Chandigarh, India – 160002.