Reachwell Software Services Private Limited - Company Profile

It is a information technology private limited company based in Bangalore., Karnataka, India, established in 1993.
1993 Bangalore., Karnataka, India Active
Last Updated:
Access Report
About Reachwell Software Services Private Limited

Reachwell Software Services Private Limited, a active private limited company, was established on 06 September 1993 in Bangalore., Karnataka, India. Engaging in application development & software solutions within the professional, scientific and technical sector, it holds CIN: U72900KA1993PTC014710. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Prasanna Kumar Pete (Director), Gouri Shankar Srinivas Polisetty (Director), Nanjappa Karathachira Kariappa (Director). Past directors included Babu Jayendran, Polisetty Koteshwara Rao Narendra. It holds ₹1.80 M open charges and no settled loans. Its latest AGM occurred on 05 April 2025, with the balance sheet filed on 31 March 2024. It is based at 15, Basappa Road,Shanthi Nagar, Bangalore., Bangalore., Karnataka, 560027.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900KA1993PTC014710

  • Registration Number

    014710

  • Incorporation Date

    06 September 1993

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.80 M
  • Revenue Growth **** 58.92%
  • Profit Growth **** 98.55%
  • Ebitda **** 105.63%
  • Net Worth -0.51%
  • Total Assets -9.36%
Company report

Reachwell Software Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Reachwell Software Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Reachwell Software Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Prasanna Kumar Pete Director 27 Mar 2019 Current
Gouri Shankar Srinivas Polisetty Director 30 Sep 2004 Current
Nanjappa Karathachira Kariappa Director 27 Mar 2019 Current
Sashikala Polisetty Director 27 Mar 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Mar 2019 Past
Pramod Abcsdd Director 30 Jul 2007 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Reachwell Software Services.

Reachwell Software Services Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 58.92% increase. The company also saw a substantial improvement in profitability, with a 98.55% increase in profit. The company's net worth dipped by a decrease of 0.51%.

Reachwell Software Services revenue growth over time
Reachwell Software Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 58.92%
*******
*******
*******
*******
Revenue from Operations
*******
 61.13%
*******
*******
*******
*******
Total Assets
*******
 -9.36%
*******
*******
*******
*******
Profit or Loss
*******
 98.55%
*******
*******
*******
*******
Net Worth
*******
 -0.51%
*******
*******
*******
*******
EBITDA
*******
 105.63%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Reachwell Software Services?

In 2021, Reachwell Software Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹1,797,508.46

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.12 Cr
  • Syndicate Bank : 0.06 Cr
Latest Charge Details
Date Lender Amount Status
09 Aug 2019 Canara Bank ₹1.18 M Open
08 Oct 2009 Syndicate Bank ₹0.62 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Reachwell Software Services?

Unlock and access historical data on people associated with Reachwell Software Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reachwell Software Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Reachwell Software Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Reachwell Software Services
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Reachwell Software Services Private Limited last Annual general meeting of members was held on 05 Apr 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Reachwell Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with Canara Bank of Rs. 1.18 M registered on 09 Aug 2019 with Charge ID 100281007 was modified on 06 Oct 2020. was completed.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 1.18 M with Charge ID 100281007 was registered on 09 Aug 2019. was documented.

  • Director Appointment

    Prasanna Kumar Pete was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 6 years 11 months . was recorded as a recent event.

  • Director Appointment

    Progress on Nanjappa Karathachira Kariappa was appointed as a Director was appointed as a Director on 27 Mar 2019 & has been associated with this company since 6 years 11 months . was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Reachwell Software Services Private Limited?

The CIN of Reachwell Software Services Private Limited is U72900KA1993PTC014710.

Where is Reachwell Software Services Private Limited headquartered?

Reachwell Software Services Private Limited is headquartered at 15, Basappa Road,Shanthi Nagar, Bangalore., Bangalore., Karnataka, 560027.

When was Reachwell Software Services Private Limited incorporated?

Reachwell Software Services Private Limited was incorporated on 06 September 1993.

Who are the current directors of Reachwell Software Services Private Limited?

The current directors of Reachwell Software Services Private Limited are

What is the primary industry of Reachwell Software Services Private Limited?

The primary industry of Reachwell Software Services Private Limited is Professional, Scientific And Technical.

Is Reachwell Software Services Private Limited a listed company?

Reachwell Software Services Private Limited is unlisted.

What is the capital structure of Reachwell Software Services Private Limited?

The authorized capital of Reachwell Software Services Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Reachwell Software Services Private Limited?

The compliance status of Reachwell Software Services Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available