Opulence Technosoft Private Limited
About Opulence Technosoft Private Limited
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Opulence Technosoft Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2010PTC136932. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nikhil Eknath Karande and Anand Bhausaheb Sonawale.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No. 1 And 5 Pinak Apts. Patwardhan Baugh Erandwane, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2020, the company reported a revenue of ₹21.66 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹14.39 Lakh (net margin -66.4%) and EBITDA of -₹13 Lakh (EBITDA margin -60%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 24% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressFlat No. 1 And 5 Pinak Apts. Patwardhan Baugh Erandwane, Pune, Maharashtra, India – 411004
- IndustryInformation Technology, IT Consulting & Support Services
- 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
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Business Activity of Opulence Technosoft Private Limited
The main business activity of Opulence Technosoft is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Opulence Technosoft Private Limited FY 2020 filings available
Opulence Technosoft Private Limited reported revenue of ₹21.66 Lakh (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Opulence Technosoft Private Limited
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 57% 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 of Opulence Technosoft Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹21.66 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.39 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Opulence Technosoft Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -60% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -66.4% | •••• | •••• | •••• | •••• |
| 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 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 Opulence Technosoft 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
Verified entity values are shown only after access is granted.
Peer Comparison of Opulence Technosoft Private Limited
Opulence Technosoft Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amsi Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Manusterr Oespm India Private Limited | •••• | •••• | •••• | •••• | - | Tal Panhala, Maharashtra, India |
| Bangalore Jobhunterr India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| SFV Impex (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Mahesana, Gujarat, India |
| Achievers HR Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Opulence Technosoft Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Invigorate X Business Solutions India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Cad Cam Computers Centre Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rslokam Infra Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Adroitkarma ITES Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Kafer Engineering Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Opulence Technosoft by revenue in the Outsourcing industry (HR Outsourcing, IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Opulence Technosoft Private Limited
Opulence Technosoft Private Limited is audited by BHOSALE A. M. & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHOSALE A. M. & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Opulence Technosoft Private Limited
Opulence Technosoft 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 |
|---|---|---|---|---|
| Nikhil Eknath Karande | Director | 29 Oct 2016 | 9 Years 11 Months | Current |
| Anand Bhausaheb Sonawale | Additional Director | 15 Nov 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Opulence Technosoft Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Opulence Technosoft Private Limited
Opulence Technosoft Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Opulence Technosoft Private Limited
Employment history and EPFO contributions of people linked to Opulence Technosoft.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Opulence Technosoft Private Limited
Opulence Technosoft Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anand Bhausaheb Sonawale was appointed as Additional Director on 15 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Opulence Technosoft Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Opulence Technosoft Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Opulence Technosoft Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Opulence Technosoft Private Limited
Opulence Technosoft 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.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Opulence Technosoft Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Opulence Technosoft Private Limited
Opulence Technosoft is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 July 2010 (16+ years old) and is registered under CIN U51909PN2010PTC136932.
Opulence Technosoft reported revenue of ₹21.66 Lakh for FY 2020 (up 14% YoY).
Opulence Technosoft has 2 current directors:
- Nikhil Eknath Karande - Director
- Anand Bhausaheb Sonawale - Additional Director
Opulence Technosoft reported a net loss of ₹14.39 Lakh (net margin -66.4%) and EBITDA of -₹13 Lakh (EBITDA margin -60%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Opulence Technosoft is -38% over three years and -24% over five years. In the latest year (FY 2020) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
No. Opulence Technosoft has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Opulence Technosoft is U51909PN2010PTC136932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Opulence Technosoft was incorporated on 26 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Opulence Technosoft by revenue are Amsi Technologies Private Limited, Manusterr Oespm India Private Limited, Bangalore Jobhunterr India Private Limited, SFV Impex (OPC) Private Limited, Achievers HR Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, IT Consulting and Services).
Anand Bhausaheb Sonawale was appointed as Additional Director on 15 Nov 2021. Shalini Shantanu Kulkarni ceased to be Director on 15 Nov 2021. Shantanu Prakash Kulkarni ceased to be Director on 15 Nov 2021. Opulence Technosoft has 4 board changes on record in total.
The registered office of Opulence Technosoft is at Flat No. 1 And 5 Pinak Apts. Patwardhan Baugh Erandwane, Pune, Maharashtra, India – 411004.