Saysoft Tech Services Private Limited

Saysoft Tech Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2010PTC053716 Incorporated 19 May 2010 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2024
₹15.15 Cr
▲ 15% YoY
Net profit · FY 2024
₹34.5 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹78.96 Lakh
EBITDA margin 5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹1.13 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
69
Provident fund records

About Saysoft Tech Services Private Limited

Data last updated:

Saysoft Tech Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 May 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC053716. Its GSTIN is 29AAOCS3596A1ZZ (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Asha Sudhakar and Pobbisetty Lakshmi Prashanth.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 38 First Floor 12th Main 27th Cross Jayanagar 4th Block, Bangalore, Karnataka, India – 560011.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.15 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹34.5 Lakh (net margin 2.3%) and EBITDA of ₹78.96 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 20% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Saysoft. As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹1.13 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Saysoft Tech Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058969). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saysofttech.com.

Company details

CIN U72200KA2010PTC053716
Registration Number 053716
Incorporation Date 19 May 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0058969

Recognitions & Rankings of Saysoft Tech Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2020-21)
Udyam number
UDYAM-KR-03-0058969

Contact details

Saysoft Tech Services Private Limited's registered office is in Bangalore, Karnataka. Its website is saysofttech.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No 38 First Floor 12th Main 27th Cross Jayanagar 4th Block, Bangalore, Karnataka, India – 560011
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Saysoft Tech Services Private Limited, buy the company report.

Comprehensive company report
Saysoft Tech Services Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Saysoft Tech Services operates one associated brand: Saysoft. Each brand links to its own profile.

BrandDescriptionWebsite
Provides recruitment services to connect organizations with qualified candidates.saysofttech.com

Business activity

The main business activity of Saysoft Tech Services is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Saysoft Tech Services Private Limited, buy the company report.

Financials of Saysoft Tech Services Private Limited

FY 2025 filings available

Saysoft Tech Services Private Limited reported revenue of ₹15.15 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹15.15 Cr ▲ 15%
Net profit · FY 2024
₹34.5 Lakh margin 2.3%
EBITDA · FY 2024
₹78.96 Lakh margin 5.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 30%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 21%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 15% growth in the latest year. EBITDA fell 4% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹78.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹34.5 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.2%
Net Profit Margin2.3%
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 Saysoft Tech Services Private Limited, buy the company report.

Board of directors of Saysoft Tech Services Private Limited

Saysoft Tech Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Asha SudhakarDirector21 Mar 201610 Years 7 MonthsCurrent
Pobbisetty Lakshmi PrashanthDirector19 May 201016 Years 5 MonthsCurrent

Peer comparison

Saysoft Tech Services Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Asl HR Solutions Private Limited₹15.22 Cr (FY 2025)27.0%Mumbai, Maharashtra, India
Creative Facility & Manpower Services Private Limited₹15.21 Cr (FY 2024)24.0%Aurangabad, Maharashtra, India
Saysoft Tech Services Private Limitedthis company₹15.15 Cr (FY 2024)₹34.5 Lakh2.3%15.0%69Bangalore, Karnataka, India
Teamworx Business Consulting Services Private Limited₹15.14 Cr (FY 2025)207.0%Gurgaon, Haryana, India
Coit Consulting Private Limited₹15.14 Cr (FY 2017)-21.0%Delhi, India

To see the full peer comparison of Saysoft Tech Services Private Limited, buy the company report.

Auditor

Saysoft Tech Services Private Limited is audited by SHEKAR & YATHISH for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SHEKAR & YATHISHFY 2022008964S

Shareholding

The shareholding of Saysoft Tech Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Saysoft Tech Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.5 Cr
Satisfied charges
₹1.13 Cr
Breakdown by lending institutions
Others₹4.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Sep 2024100985038Others₹4.5 CrOpen
03 Aug 2023100770168Tjsb Sahakari Bank Limited₹20.5 LakhSatisfied
04 Jun 2022100590999Tjsb Sahakari Bank Limited₹76 LakhSatisfied
05 Jun 201410512782Allahabad Bank₹12 LakhSatisfied
26 Mar 201410512780Allahabad Bank₹4.3 LakhSatisfied

To see the full charge records of Saysoft Tech Services Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Saysoft Tech Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Saysoft Tech Services Private Limited has a workforce of 69 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
27.78%

GST

Saysoft Tech Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAOCS3596A1ZZKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Saysoft Tech Services Private Limited, buy the company report.

Recent activity

Saysoft Tech Services Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Asha Sudhakar ceased to be Additional Director on 30 Sep 2017.

Charges
A charge with Others of Rs. 450.00 Lakh registered on 26 Sep 2024 with Charge ID 100985038 was modified on 30 Dec 2025.
AGM
Saysoft Tech Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saysoft Tech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 05 Jun 2014 via Charge ID 10512782 with Allahabad Bank was fully satisfied on 30 Oct 2024.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100985038 was registered on 26 Sep 2024.
Charges
A charge registered on 03 Aug 2023 via Charge ID 100770168 with Tjsb Sahakari Bank Limited was fully satisfied on 26 Sep 2024.
Charges
A charge registered on 04 Jun 2022 via Charge ID 100590999 with Tjsb Sahakari Bank Limited was fully satisfied on 13 Sep 2023.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 20.50 Lakh with Charge ID 100770168 was registered on 03 Aug 2023.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 76.00 Lakh with Charge ID 100590999 was registered on 04 Jun 2022.
Charges
A charge registered on 26 Mar 2014 via Charge ID 10512780 with Allahabad Bank was fully satisfied on 20 Nov 2019.
Ceased
Asha Sudhakar ceased to be Additional Director.
Ceased
Nallapeta Anandakrishnaiah Shankaranarayana Setty ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Saysoft Tech Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 May 2010 (16+ years old) and is registered under CIN U72200KA2010PTC053716.

Saysoft Tech Services has 2 current directors:

The latest financial statements of Saysoft Tech Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Saysoft Tech Services is 29AAOCS3596A1ZZ, registered in Karnataka.

The CIN (Corporate Identification Number) of Saysoft Tech Services is U72200KA2010PTC053716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saysoft Tech Services has 1 court case on record: 1 filed by the company.

Saysoft Tech Services was incorporated on 19 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Saysoft Tech Services by revenue are Asl HR Solutions Private Limited, Creative Facility & Manpower Services Private Limited, Teamworx Business Consulting Services Private Limited, Coit Consulting Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Asha Sudhakar ceased to be Additional Director on 30 Sep 2017. Nallapeta Anandakrishnaiah Shankaranarayana Setty ceased to be Director on 23 Mar 2016. Asha Sudhakar was appointed as Director on 21 Mar 2016. Saysoft Tech Services has 4 board changes on record in total.

Yes, Saysoft Tech Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0058969).

Saysoft Tech Services can be reached through the website saysofttech.com. Its registered office is in Bangalore, Karnataka, India.