About Principalsoft Technologies Private Limited
Data last updated:
Principalsoft Technologies Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 March 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200PN2004PTC019016. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Bldg A7 / Flat No. 202 Ganga Satellite Wanawadi, Pune, Maharashtra, India – 411040.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.18 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹10.72 Lakh (net margin -88%) and EBITDA of -₹3.95 Lakh (EBITDA margin -32.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has satisfied charges of ₹51 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is principalsoft.com.
Company details
Contact details
Principalsoft Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is principalsoft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBldg A7 / Flat No. 202 Ganga Satellite Wanawadi, Pune, Maharashtra, India – 411040
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Principalsoft Technologies 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 Principalsoft Technologies 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 |
Financials of Principalsoft Technologies Private Limited
FY 2019 filings availablePrincipalsoft Technologies Private Limited reported revenue of ₹12.18 Lakh (up 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 32% growth in the latest year. EBITDA fell 271% 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 | -₹3.95 Lakh | ||||
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| Net Profit (PAT) | -₹10.72 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 | -32.4% | ||||
| Net Profit Margin | -88% | ||||
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To see the full financial statements and ratios of Principalsoft Technologies Private Limited, buy the company report.
Board of directors of Principalsoft Technologies Private Limited
Principalsoft Technologies has 4 former directors on record and no current directors listed.
Auditor
Principalsoft Technologies Private Limited is audited by SOMNATH HEGDE & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOMNATH HEGDE & CO | FY 2018 | 110369W |
Shareholding
The shareholding of Principalsoft Technologies Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Principalsoft Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2007 | 10089307 | Bank of Baroda | ₹26 Lakh | Satisfied | |
| 28 Apr 2006 | 10006752 | The United Western Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Principalsoft Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Principalsoft Technologies Private Limited has 1 court case on record: 1 filed by Principalsoft Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Principalsoft Technologies 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 Principalsoft Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Principalsoft Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Principalsoft Technologies Private Limited, buy the company report.
Recent activity
Principalsoft Technologies Private Limited has 4 board changes on record since 2010: 0 appointments and 4 cessations. The latest: Hema Vivek Pande ceased to be Director on 18 Mar 2020.
Frequently asked questions
Principalsoft Technologies has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Principalsoft Technologies was a private limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 15 March 2004 and is registered under CIN U72200PN2004PTC019016. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Principalsoft Technologies is U72200PN2004PTC019016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Principalsoft Technologies was incorporated on 15 March 2004. It is registered with the Registrar of Companies, Mumbai.
Principalsoft Technologies can be reached through the website principalsoft.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Principalsoft Technologies is at Bldg A7 Flat No. 202 Ganga Satellite Wanawadi, Pune, Maharashtra, India – 411040.
The latest financial statements of Principalsoft Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Principalsoft Technologies has 1 GST registration on record and it is cancelled or inactive.
Principalsoft Technologies operated in the information technology industry, in the IT consulting and support services segment.
Principalsoft Technologies has 1 court case on record: 1 filed by the company.