About Olway Software Private Limited
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Olway Software Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2000PTC038399.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mitali Kamlesh Patel and Kamlesh Chandrakantbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.68 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Lakh (net margin -14.3%) and EBITDA of -₹1.81 Lakh (EBITDA margin -16.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olwaysoftware.info.
Company details
Contact details
Olway Software Private Limited's registered office is in Ahmedabad, Gujarat. Its website is olwaysoftware.info. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 102 Shivalik Business Centre Opp. Vanshri Bunglows B/H.Rajpath Club S.G. Highway, Bodakdev, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Olway 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
Financials of Olway Software Private Limited
FY 2025 filings availableOlway Software Private Limited reported revenue of ₹10.68 Lakh (down 69% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 69% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.68 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.9% | ||||
| Net Profit Margin | -14.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Olway Software Private Limited, buy the company report.
Board of directors of Olway Software Private Limited
Olway Software has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitali Kamlesh Patel Also directs: Wesco Lifestyle Private Limited | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Kamlesh Chandrakantbhai Patel Also directs: Wesco Construction LLP, Wesco Lifestyle Private Limited, Westcoast Pharmaceutical Works Limited and 3 more | Director | 20 Jul 2000 | 26 Years 3 Months | Current |
Auditor
Olway Software Private Limited is audited by NIRAV D SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV D SHAH & CO | FY 2020 | 119132W |
Shareholding
The shareholding of Olway Software Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Olway Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Olway Software Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Olway Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Olway Software Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Olway Software Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Mitali Kamlesh Patel ceased to be Additional Director on 30 Sep 2021.
Frequently asked questions
Olway Software is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 July 2000 (26+ years old) and is registered under CIN U72200GJ2000PTC038399.
Olway Software has 2 current directors:
- Mitali Kamlesh Patel - Director
- Kamlesh Chandrakantbhai Patel - Director
The latest financial statements of Olway Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Olway Software is U72200GJ2000PTC038399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olway Software was incorporated on 20 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mitali Kamlesh Patel ceased to be Additional Director on 30 Sep 2021. Chandrakant K Patel ceased to be Director on 22 May 2021. Mitali Kamlesh Patel was appointed as Director on 21 May 2021. Olway Software has 4 board changes on record in total.
Olway Software can be reached through the website olwaysoftware.info. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Olway Software is at B – 102 Shivalik Business Centre Opp. Vanshri Bunglows BH.Rajpath Club S.G. Highway, Bodakdev, Ahmedabad, Gujarat, India – 380015.
Olway Software operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Olway Software is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
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