Redsoft Business Solutions Private Limited
About Redsoft Business Solutions Private Limited
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Redsoft Business Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2016PTC110085. Its GSTIN is 36AAXCS1654A1Z8 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Solyndra It Solutions Private Limited. It is led by directors Syed Noor Ul Irfan and Sharath Reddy Challa.
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 is at P.No.95&96 Shop#202 2nd Floor Venkateswara Encl Jeedimetla Qutbullapur Ranga Reddy, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.5 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹11,578 (net margin -0.6%) and EBITDA of ₹9,555 (EBITDA margin 0.5%).
The company has about 3 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Redsoft Business Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.No.95&96 Shop#202 2nd Floor Venkateswara Encl Jeedimetla Qutbullapur Ranga Reddy, Hyderabad, Telangana, India – 500055
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Redsoft Business Solutions 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 Redsoft Business Solutions 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 |
To see the full business activity and turnover split of Redsoft Business Solutions Private Limited, buy the company report.
Financials of Redsoft Business Solutions Private Limited
FY 2019 filings availableRedsoft Business Solutions Private Limited reported revenue of ₹19.5 Lakh (up 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹19.5 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9,555 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11,578 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.5% | ||
| Net Profit Margin | -0.6% | ||
| 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 | |||
To see the full financial statements and ratios of Redsoft Business Solutions Private Limited, buy the company report.
Board of directors of Redsoft Business Solutions Private Limited
Redsoft Business Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharath Reddy Challa Also directs: Lotus Minechem Resources Private Limited, Challa Essentials Global Exim Private Limited, Agroburg Limited and 2 more | Additional Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Syed Noor Ul Irfan | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Redsoft Business Solutions 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 (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varuni Software Solutions India Private Limited | ₹19.56 Lakh (FY 2020) | 14.0% | Chennai, Tamil Nadu, India | |||
| Ianalyst Infotech Private Limited | ₹19.53 Lakh (FY 2022) | 2323.0% | Pune, Maharashtra, India | |||
| Redsoft Business Solutions Private Limitedthis company | ₹19.5 Lakh (FY 2019) | -₹11,578 | -0.6% | 13.0% | 3 | Hyderabad, Telangana, India |
| Digifly Technology (OPC) Private Limited | ₹19.48 Lakh (FY 2025) | 0.0% | Karnal, Haryana, India |
To see the full peer comparison of Redsoft Business Solutions Private Limited, buy the company report.
Auditor
Redsoft Business Solutions Private Limited is audited by N N RAO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N N RAO & CO | FY 2019 | 242081 |
Shareholding
The shareholding of Redsoft Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Redsoft Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Redsoft Business Solutions 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 Redsoft Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Redsoft Business Solutions Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Redsoft Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAXCS1654A1Z8 | Telangana | Active | 11 Apr 2022 |
To see the full GST registrations and return filing status of Redsoft Business Solutions Private Limited, buy the company report.
Recent activity
Redsoft Business Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Shruthi Pulakanti ceased to be Additional Director on 15 Dec 2022.
Frequently asked questions
Redsoft Business Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in software development and support services, within the information technology industry. It was incorporated on 03 June 2016 (10+ years old) and is registered under CIN U72200TG2016PTC110085.
Redsoft Business Solutions has 2 current directors:
- Sharath Reddy Challa - Additional Director
- Syed Noor Ul Irfan - Director
The latest financial statements of Redsoft Business Solutions 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 FY 2017 are in the company report.
The GSTIN of Redsoft Business Solutions is 36AAXCS1654A1Z8, registered in Telangana.
The CIN (Corporate Identification Number) of Redsoft Business Solutions is U72200TG2016PTC110085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redsoft Business Solutions was incorporated on 03 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Redsoft Business Solutions by revenue are Varuni Software Solutions India Private Limited, Ianalyst Infotech Private Limited, Digifly Technology (OPC) Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities).
Shruthi Pulakanti ceased to be Additional Director on 15 Dec 2022. Sharath Reddy Challa was appointed as Additional Director on 15 Sep 2022. Shravan Reddy Allam ceased to be Director on 20 Jan 2022. Redsoft Business Solutions has 6 board changes on record in total.
The registered office of Redsoft Business Solutions is at P.No.95&96 Shop#202 2nd Floor Venkateswara Encl Jeedimetla Qutbullapur Ranga Reddy, Hyderabad, Telangana, India – 500055.
Redsoft Business Solutions operates in the information technology industry, in the software development and support services segment.
The compliance status of Redsoft Business Solutions is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
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