Patch Software Private Limited
About Patch Software Private Limited
Data last updated:
Patch Software Private Limited was a private limited company based in Jaipur, Rajasthan, India, operated as a subsidiary of Dropbase Software Private Limited. 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 September 2013.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2013PTC043961. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Rakesh Soorianathan Kanni and Himanshu Meena.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 2/12 Malviya Nagar, Jaipur, Rajasthan, India – 302017.
As per the financials filed for FY 2019, the company reported a revenue of ₹56.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹61.33 Lakh (net margin -1.1%) and EBITDA of ₹6.4 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 377% over three years.
The company was associated with 1 brand: Parsel. Court records list 10 cases involving the company, including 10 filed against it; 2 cases are pending.
Company details
Contact details
Patch Software Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/12 Malviya Nagar, Jaipur, Rajasthan, India – 302017
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Patch Software 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
Patch Software operates one associated brand: PARSEL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud platform managing inventory, warehouse, dispatch, and delivery for businesses. | parselexchange.com |
Business activity
The main business activity of Patch Software is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Patch Software Private Limited, buy the company report.
Financials of Patch Software Private Limited
FY 2018 filings availablePatch Software Private Limited reported revenue of ₹56.15 Cr (up 390% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 377% over three years, including 390% growth in the latest year. EBITDA fell 61% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹6.4 Lakh | ||||
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| Net Profit (PAT) | -₹61.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -1.1% | ||||
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To see the full financial statements and ratios of Patch Software Private Limited, buy the company report.
Board of directors of Patch Software Private Limited
Patch Software has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Soorianathan Kanni Also directs: 6M Productline Private Limited | Director | 01 Mar 2015 | 11 Years 7 Months | As last reported |
| Himanshu Meena | Director | 28 Sep 2013 | 13 Years 1 Months | As last reported |
| Akhil Sharma Also directs: Ironbridge Advisory Services Private Limited | Director | 28 Sep 2013 | 13 Years 1 Months | As last reported |
Peer comparison
Patch Software Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Idhasoft Limited | ₹56.39 Cr (FY 2015) | -21.0% | Mumbai, Maharashtra, India | |||
| Blackvolt Digital Private Limited | ₹56.35 Cr (FY 2025) | 1344.0% | Gurgaon, Haryana, India | |||
| Uei Electronics Private Limited | ₹56.33 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Naf Technology Services India Private Limited | ₹56.32 Cr (FY 2025) | 50.0% | Chennai, Tamil Nadu, India | |||
| Thomson Reuters South Asia Private Limited | ₹56.23 Cr (FY 2025) | 11.0% | Bengaluru, Karnataka, India | |||
| Patch Software Private Limitedthis company | ₹56.15 Cr (FY 2019) | -₹61.33 Lakh | -1.1% | 390.0% | Jaipur, Rajasthan, India | |
| Ubico Networks Private Limited | ₹56.14 Cr (FY 2025) | 6.0% | Chennai, Tamil Nadu, India | |||
| First Credit ITES Private Limited | ₹56.06 Cr (FY 2025) | 37.0% | Thane, Maharashtra, India | |||
| Coverstack Technologies Private Limited | ₹56 Cr (FY 2025) | 1698.0% | Mumbai, Maharashtra, India | |||
| Forrester Research India Private Limited | ₹55.99 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Ihub Ntihac Foundation | ₹55.98 Cr (FY 2025) | -2.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Patch Software Private Limited, buy the company report.
Auditor
Patch Software Private Limited is audited by B L DUSAD & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B L DUSAD & CO | FY 2018 | 001435C |
Shareholding
The shareholding of Patch Software Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Patch Software Private Limited, buy the company report.
Legal cases
Patch Software Private Limited has 10 court cases on record: 10 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by M/S Integrated Personnel Services Ltd., | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Alp Consulting Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Alp Consulting Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Alp Consulting Limited | Disposed |
| NCLT, Jaipur | Insolvency matter | Filed against the company by Alp Consulting Ltd. | Disposed |
To see the full case history of Patch Software 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
No delayed payments to MSME suppliers are on our record for Patch Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Patch Software has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Patch Software Private Limited, buy the company report.
Recent activity
Patch Software Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Rakesh Soorianathan Kanni ceased to be Director on 29 Aug 2019.
Frequently asked questions
Patch 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.
Patch Software was a private limited company based in Jaipur, Rajasthan, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 28 September 2013 and is registered under CIN U72900RJ2013PTC043961. The company has been struck off by the Registrar of Companies and is no longer operational.
Patch Software had 3 directors:
- Rakesh Soorianathan Kanni - Director
- Himanshu Meena - Director
- Akhil Sharma - Director
The CIN (Corporate Identification Number) of Patch Software is U72900RJ2013PTC043961. 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 Patch Software is at 212 Malviya Nagar, Jaipur, Rajasthan, India – 302017.
Patch Software was incorporated on 28 September 2013. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Patch Software on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Patch Software has 2 GST registrations on record and all of them are cancelled or inactive.
Patch Software operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
The peers of Patch Software by revenue are Idhasoft Limited, Blackvolt Digital Private Limited, Uei Electronics Private Limited, Naf Technology Services India Private Limited, Thomson Reuters South Asia Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Patch Software has 10 court cases on record: 10 filed against it. 2 are pending. Most are in the district courts.
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