About Open Solutions Software Services Private Limited
Data last updated:
Open Solutions Software Services Private Limited was a private limited company based in Delhi, India, operated as a subsidiary of Fiserv India Private 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 software development and support services segment of the technology and IT services sector. It was incorporated on 14 June 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2005PTC170412. Its GSTIN is 06AAACO7542G1ZJ (Haryana). The company held 3 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors including Mamta Vinod Sharma and Kovid Misra.
Its last annual general meeting (AGM) was held on 28 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at First Floor Annexe Building 30 Nizamuddin East, Delhi, India – 110013.
As per the financials filed for FY 2022, the company reported a revenue of ₹111.39 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.97 Cr (net margin 10.7%) and EBITDA of ₹21.79 Cr (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company had about 321 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹2 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is fiserv.com.
Company details
CIN history
Open Solutions Software Services has one previous CIN (Corporate Identification Number): U72200KA2005PTC036544. The current CIN is U72200DL2005PTC170412, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200DL2005PTC170412 | Current |
| U72200KA2005PTC036544 | Previous |
Contact details
Open Solutions Software Services Private Limited's registered office is in Delhi, Delhi. Its website is fiserv.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFirst Floor Annexe Building 30 Nizamuddin East, Delhi, India – 110013
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Open Solutions Software Services 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
Business activity
The main business activity of Open Solutions Software Services 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 Open Solutions Software Services Private Limited, buy the company report.
Financials of Open Solutions Software Services Private Limited
FY 2022 filings availableOpen Solutions Software Services Private Limited reported revenue of ₹111.39 Cr (up 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 3% growth in the latest year. EBITDA rose 3% 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 |
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| EBITDA | ₹21.79 Cr | ||||
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| Net Profit (PAT) | ₹11.97 Cr | ||||
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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 | 19.6% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Open Solutions Software Services Private Limited, buy the company report.
Board of directors of Open Solutions Software Services Private Limited
Open Solutions Software Services has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mamta Vinod Sharma | Director | 27 Feb 2020 | 6 Years 8 Months | As last reported |
| Kovid Misra | Director | 12 Feb 2020 | 6 Years 8 Months | As last reported |
| Srini Krish | Director | 12 Feb 2020 | 6 Years 8 Months | As last reported |
Peer comparison
Open Solutions Software Services Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Laminaar Aviation Infotech (India) Private Limited | ₹115.62 Cr (FY 2023) | 31.0% | Mumbai, Maharashtra, India | |||
| Open Solutions Software Services Private Limitedthis company | ₹111.39 Cr (FY 2022) | ₹11.97 Cr | 10.7% | 3.0% | 321 | Delhi, India |
| Soctronics Technologies Private Limited | ₹109.43 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| Krutrim Si Designs Private Limited | ₹109.27 Cr (FY 2025) | 3436.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Open Solutions Software Services Private Limited, buy the company report.
Auditor
Open Solutions Software Services Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2021 | 015125N |
Shareholding
The shareholding of Open Solutions Software Services Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Open Solutions Software Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2017 | 100148461 | Others | ₹2 Lakh | Satisfied |
To see the full charge records of Open Solutions Software Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Open Solutions Software Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by Principal Commissioner of Income Tax - 7 | Disposed |
To see the full case history of Open Solutions Software Services 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 Open Solutions Software Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Open Solutions Software Services Private Limited has a workforce of 321 employees on its EPFO records as of Sep 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 321 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Open Solutions Software Services Private Limited, buy the company report.
GST
Open Solutions Software Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACO7542G1ZJ | Haryana | Active | 01 Jul 2017 |
| 36AAACO7542G1ZG | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Open Solutions Software Services Private Limited, buy the company report.
Recent activity
Open Solutions Software Services Private Limited has 24 board changes on record since 2007: 3 appointments and 21 cessations. The latest: Haribandhu Patra ceased to be Director on 09 May 2022.
17 earlier events are in the company report.
News
Frequently asked questions
Open Solutions Software Services 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.
Open Solutions Software Services was a private limited company based in Delhi, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 14 June 2005 and is registered under CIN U72200DL2005PTC170412. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Open Solutions Software Services was incorporated on 14 June 2005. It is registered with the Registrar of Companies, Delhi.
Open Solutions Software Services had 3 directors:
- Mamta Vinod Sharma - Director
- Kovid Misra - Director
- Srini Krish - Director
The CIN (Corporate Identification Number) of Open Solutions Software Services is U72200DL2005PTC170412. 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 Open Solutions Software Services is at First Floor Annexe Building 30 Nizamuddin East, Delhi, India – 110013.
Open Solutions Software Services can be reached through the website fiserv.com. Its registered office is in Delhi, India.
The latest financial statements of Open Solutions Software Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 October 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Open Solutions Software Services is 06AAACO7542G1ZJ, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAACO7542G1ZG (Telangana).
Open Solutions Software Services operated in the information technology industry, in the software development and support services segment.
The peers of Open Solutions Software Services by revenue are Laminaar Aviation Infotech (India) Private Limited, Soctronics Technologies Private Limited, Krutrim Si Designs Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
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