MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-33-0029973
Secure Source Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.24 Cr
▼ 66% YoY
Net loss · FY 2024
₹61.71 Lakh
Net margin -49.9%
EBITDA · FY 2024
-₹23.37 Lakh
EBITDA margin -18.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹13.76 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹1 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
2
Provident fund records
About Secure Source Technologies Private Limited
Data last updated:
Secure Source Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2014PTC255030. Its GSTIN is 27AAUCS4725M1ZJ (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.76 Lakh. It is led by directors including Kalpesh Krishna Sarang and Manmohan Jitendra Sood.
Its last annual general meeting (AGM) was held on 30 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.24 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹61.71 Lakh (net margin -49.9%) and EBITDA of -₹23.37 Lakh (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹1 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 9 cases are pending. The company has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 acquisition); the latest was in December 2017. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 2 larger and 1 smaller; the largest is Mosware Software Systems Private Limited with revenue of ₹1.24 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 31 overdue payments to 14 micro and small suppliers.
Secure Source Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0029973). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sstplc.com.
Company details
CIN U93000MH2014PTC255030
Registration Number 255030
Incorporation Date 25 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 January 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0029973
CIN history
Secure Source Technologies has one previous CIN (Corporate Identification Number): U74999MH2014PTC255030. The current CIN is U93000MH2014PTC255030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2014PTC255030 | Current |
| U74999MH2014PTC255030 | Previous |
Recognitions & Rankings of Secure Source Technologies
Contact details
Secure Source Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is sstplc.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressD Wing/ 904 9th Floor Orchid Enclave Chs Nahar Amrit Shakti Chandivali Farm Road Andher, I East, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Secure Source Technologies Private Limited, buy the company report.
Comprehensive company report
Secure Source Technologies 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
Business activity
The main business activity of Secure Source Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Secure Source Technologies Private Limited, buy the company report.
Financials of Secure Source Technologies Private Limited
FY 2024 filings availableSecure Source Technologies Private Limited reported revenue of ₹1.24 Cr (down 66% YoY) for FY 2024.
Revenue · FY 2024
₹1.24 Cr ▼ 66%
Net loss · FY 2024
₹61.71 Lakh margin -49.9%
EBITDA · FY 2024
-₹23.37 Lakh margin -18.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 66%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 9%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 66% fall in the latest year. EBITDA fell 9% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹23.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.71 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.9% | ||||
| Net Profit Margin | -49.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Secure Source Technologies Private Limited, buy the company report.
Board of directors of Secure Source Technologies Private Limited
Secure Source Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Krishna Sarang Also directs: Total Talent Solution Private Limited | Director | 05 Sep 2022 | 4 Years 1 Months | Current |
| Manmohan Jitendra Sood Also directs: Total Talent Solution Private Limited | Director | 25 Mar 2014 | 12 Years 7 Months | Current |
| Pankaj Baradia | Director | 21 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Secure Source Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mosware Software Systems Private Limited | ₹1.24 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India | |||
| Valignit Technologies Private Limited | ₹1.24 Cr (FY 2024) | 32.0% | Hyderabad, Telangana, India | |||
| Secure Source Technologies Private Limitedthis company | ₹1.24 Cr (FY 2024) | -₹61.71 Lakh | -49.9% | -66.0% | 2 | Mumbai, Maharashtra, India |
| Evangelsoft Private Limited | ₹1.23 Cr (FY 2017) | 10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Secure Source Technologies Private Limited, buy the company report.
Auditor
Secure Source Technologies Private Limited is audited by Manish D Ladage & Co for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish D Ladage & Co | FY 2020 | 039838 |
Shareholding
The shareholding of Secure Source Technologies Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Secure Source Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2021 | 100487178 | Yes Bank Limited | ₹3.5 Cr | Open | |
| 29 Nov 2019 | 100304610 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Secure Source Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Secure Source Technologies Private Limited has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 acquisition); the latest was in December 2017.
Total deals
4
Rights issues
2
Secondary share transfer
1
Acquisition
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Wilva Impex Private Limited , 2 individuals |
| Dec 2014 | Rights issue | ₹13 Lakh | Investors: 2 individuals |
| Aug 2014 | Rights issue | ₹10 Lakh | Investors: Wilva Impex Private Limited |
| Jul 2014 | Acquisition | ₹15 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Secure Source Technologies Private Limited has 12 court cases on record: 12 filed against it. 9 cases are pending and 3 are disposed.
Total cases
12
Filed against the company
12
Pending
9
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 9 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Securens Systems Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Prama Hikvision India Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Smart-I Electronics Systems Pvt. Ltd. Pvt. Ltd. Through Mr. Mahesh Laxman Kharude | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
To see the full case history of Secure Source 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
Secure Source Technologies Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 31 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elite Engineers | |||
| Transovative Solutions Private Limited | |||
| an individual supplier | |||
| Godamwale Trading and Logistics Private Limited | |||
| I Secure Solutions |
To see the full MSME payment records of Secure Source Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Secure Source Technologies Private Limited has a workforce of 2 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Secure Source Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS4725M1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Secure Source Technologies Private Limited, buy the company report.
Recent activity
Secure Source Technologies Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Kalpesh Krishna Sarang was appointed as Director on 05 Sep 2022.
AGM
Secure Source Technologies Private Limited last Annual general meeting of members was held on 30 Jan 2025 as per latest MCA records.
Filing
Secure Source Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Kalpesh Krishna Sarang was appointed as Director.
Charges
A charge registered on 29 Nov 2019 via Charge ID 100304610 with Others was fully satisfied on 23 Aug 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 350.00 Lakh with Charge ID 100487178 was registered on 09 Jul 2021.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100304610 was registered on 29 Nov 2019.
Ceased
Amit Ramchand Dhirwani ceased to be Director.
Ceased
Pankaj Baradia ceased to be Additional Director.
Ceased
Thangapandian Srinivasalu ceased to be Director.
Appointed
Pankaj Baradia was appointed as Director.
Ceased
Ayman Musa Shaikh ceased to be Additional Director.
Appointed
Manmohan Jitendra Sood was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Secure Source Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 March 2014 (12+ years old) and is registered under CIN U93000MH2014PTC255030.
Secure Source Technologies has 3 current directors:
- Kalpesh Krishna Sarang - Director
- Manmohan Jitendra Sood - Director
- Pankaj Baradia - Director
The latest financial statements of Secure Source Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 January 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Secure Source Technologies is 27AAUCS4725M1ZJ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Secure Source Technologies is U93000MH2014PTC255030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Secure Source Technologies has 12 court cases on record: 12 filed against it. 9 are pending. Most are in the district courts.
Secure Source Technologies was incorporated on 25 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Secure Source Technologies has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 acquisition); the latest was in December 2017.
The peers of Secure Source Technologies by revenue are Mosware Software Systems Private Limited, Valignit Technologies Private Limited, Evangelsoft Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other professional, scientific and technical activities).
Kalpesh Krishna Sarang was appointed as Director on 05 Sep 2022. Amit Ramchand Dhirwani ceased to be Director on 22 Feb 2018. Pankaj Baradia ceased to be Additional Director on 30 Sep 2017. Secure Source Technologies has 7 board changes on record in total.
Yes, Secure Source Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0029973).
Secure Source Technologies has 3 MSME Form 1 returns on record between 2019 and 2021, listing 31 overdue payments to 14 micro and small suppliers. The latest return was filed on 13 May 2021.