
About Number Theory Software Private Limited
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Number Theory Software Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Newgen Software Technologies Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 January 2016.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2016PTC289417. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Priyadarshini Nigam and Diwakar Nigam.
Its last annual general meeting (AGM) was held on 20 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Blk – D – 10 Pkt – 8 G/F. Sec – 23B Dwarka, New Delhi, Delhi, India – 110077.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹27.2 Lakh (net margin 3.9%) and EBITDA of ₹93.58 Lakh (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 71% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Number Theory. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (3 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹1.5 Cr; the latest was in February 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Infologitech (India) Private Limited with revenue of ₹6.97 Cr.
The last known website on record is numbertheory.ai.
Company details
Contact details
Number Theory Software Private Limited's registered office is in New Delhi, Delhi. Its website is numbertheory.ai. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlk – D – 10 Pkt – 8 G/F. Sec – 23B Dwarka, New Delhi, Delhi, India – 110077
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Number Theory 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
Number Theory Software operates one associated brand: Number Theory. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of an AI enabled business intelligence platform | numbertheory.ai |
Business activity
The main business activity of Number Theory 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 Number Theory Software Private Limited, buy the company report.
Financials of Number Theory Software Private Limited
FY 2023 filings availableNumber Theory Software Private Limited reported revenue of ₹6.95 Cr (up 310% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 310% growth in the latest year. EBITDA rose 140% 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 | ₹6.95 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹93.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.2 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Number Theory Software Private Limited, buy the company report.
Board of directors of Number Theory Software Private Limited
Number Theory Software has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyadarshini Nigam | Director | 28 Jan 2022 | 4 Years 9 Months | As last reported |
| Diwakar Nigam | Director | 28 Jan 2022 | 4 Years 9 Months | As last reported |
| Varadarajan Tirumalai Sundaraja Iyengar Also directs: Jnanaadri Innovations LLP, Newgen Software Technologies Limited, Jnanaadri Technovations Private Limited and 1 more | Director | 28 Jan 2022 | 4 Years 9 Months | As last reported |
Peer comparison
Number Theory 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 |
|---|---|---|---|---|---|---|
| Infologitech (India) Private Limited | ₹6.97 Cr (FY 2024) | 9.0% | Hyderabad, Telangana, India | |||
| We Bros Media Private Limited | ₹6.97 Cr (FY 2025) | -52.0% | Kakkanad, Kerala, India | |||
| Blockcube Technology Limited | ₹6.96 Cr (FY 2024) | -23.0% | New Delhi, Delhi, India | |||
| Promoz Bazar Private Limited | ₹6.96 Cr (FY 2024) | 333.0% | Hyderabad, Telangana, India | |||
| Probit Plus Private Limited | ₹6.96 Cr (FY 2023) | 44.0% | Pune, Maharashtra, India | |||
| Number Theory Software Private Limitedthis company | ₹6.95 Cr (FY 2023) | ₹27.2 Lakh | 3.9% | 310.0% | 2 | New Delhi, Delhi, India |
| Bytemark Technology Solutions India Private Limited | ₹6.93 Cr (FY 2025) | -47.0% | Bengaluru, Karnataka, India | |||
| Kloud Wifi Private Limited | ₹6.93 Cr (FY 2024) | 38.0% | Hyderabad, Telangana, India | |||
| Xminds Infotech Private Limited | ₹6.93 Cr (FY 2024) | 7.0% | Thiruvananthapuram, Kerala, India | |||
| Dtig Private Limited | ₹6.92 Cr (FY 2025) | 185.0% | Gurgaon, Haryana, India | |||
| Superhero Tech Private Limited | ₹6.92 Cr (FY 2024) | -3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Number Theory Software Private Limited, buy the company report.
Auditor
Number Theory Software Private Limited is audited by M/s S G Arora & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s S G Arora & Co | FY 2023 | 024523N |
Shareholding
The shareholding of Number Theory Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Number Theory Software Private Limited, buy the company report.
Deals & funding
Number Theory Software Private Limited has 4 deals on record (3 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹1.5 Cr; the latest was in February 2021.
Deals on record (1 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Number Theory Software 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
Number Theory Software Private Limited has 2 court cases on record: 2 filed by Number Theory Software. 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, Principal Bench | Court case (C.A.(CAA)) | Filed by the company against Newgen Software Technologies Limited | Disposed |
| NCLT, Principal Bench | Court case (C.P.(CAA)) | Filed by the company against Newgen Software Technologies Limited | Disposed |
To see the full case history of Number Theory 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 Number Theory Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Number Theory Software Private Limited has a workforce of 2 employees on its EPFO records as of Oct 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 2 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Number Theory Software Private Limited, buy the company report.
GST
Number Theory 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 Number Theory Software Private Limited, buy the company report.
Recent activity
Number Theory Software Private Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Diwakar Nigam ceased to be Additional Director on 23 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Number Theory Software 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.
Number Theory Software was a private limited company based in New Delhi, Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 08 January 2016 and is registered under CIN U72300DL2016PTC289417. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Number Theory Software was incorporated on 08 January 2016. It is registered with the Registrar of Companies, Delhi.
Number Theory Software had 3 directors:
- Priyadarshini Nigam - Director
- Diwakar Nigam - Director
- Varadarajan Tirumalai Sundaraja Iyengar - Director
The CIN (Corporate Identification Number) of Number Theory Software is U72300DL2016PTC289417. 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 Number Theory Software is at Blk – D – 10 Pkt – 8 GF. Sec – 23B Dwarka, New Delhi, Delhi, India – 110077.
Number Theory Software can be reached through the website numbertheory.ai. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Number Theory Software on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 20 July 2023. Year-wise statements from FY 2016 are in the company report.
No. Number Theory Software has 2 GST registrations on record and all of them are cancelled or inactive.
Number Theory Software operated in the information technology industry, in the application development and software solutions segment.
Number Theory Software has 4 deals on record (3 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹1.5 Cr; the latest was in February 2021.

