About SGP Software Solutions Private Limited
Data last updated:
SGP Software Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Shore Dwellings Private Limited. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 November 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC072126. Its GSTIN is 29AAUCS6204M1ZL (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹4.25 Cr. It was led by directors Manjunatha Aithal and Hebbur Satyanarayanagupta Girish Guptha.
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 No. 0277 2nd Main Road 18th Cross Sankey Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.63 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹7.42 Cr (net margin -204.3%) and EBITDA of -₹4.21 Cr (EBITDA margin -115.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
The company had about 98 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹5 Cr on record. The company has 3 deals on record (1 acquisition, 1 rights issue, 1 secondary share transfer); the latest was in July 2016. Its 10 peer companies in the Information Technology industry (Application Development, Enterprise Resource Planning) are compared by revenue, 5 larger and 5 smaller; the largest is Triple A Solutions Private Limited.
The last known website on record is quadra.in.
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- TelephoneLocked
- Website
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- Registered AddressNo. 0277 2nd Main Road 18th Cross Sankey Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryInformation Technology, Application Development & Software Solutions, Enterprise Resource Planning (ERP) Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of SGP Software Solutions Private Limited
The main business activity of SGP Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of SGP Software Solutions Private Limited FY 2019 filings available
SGP Software Solutions Private Limited reported revenue of ₹3.63 Cr (down 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of SGP Software Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 31% fall 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 of SGP Software Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.63 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.42 Cr | •••• | •••• | •••• | •••• |
| 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 of SGP Software Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -115.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -204.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SGP Software Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of SGP Software Solutions Private Limited
SGP Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Enterprise Resource Planning). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triple A Solutions Private Limited | •••• | •••• | •••• | •••• | 23 | Kolkata, West Bengal, India |
| Metaoption Software Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Wits Interactive Private Limited | •••• | •••• | •••• | •••• | 48 | Mumbai, Maharashtra, India |
| Nohitatu Technologies Private Limited | •••• | •••• | •••• | •••• | 13 | Chennai, Tamil Nadu, India |
| Dev Software and Services Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| SGP Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Repozitory Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hisar, Haryana, India |
| Marine Software Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Shakti Infosolutions Private Limited | •••• | •••• | •••• | •••• | 32 | Chennai, Tamil Nadu, India |
| Jyoti Technical Services Private Limited | •••• | •••• | •••• | •••• | 26 | Pune City, Maharashtra, India |
| Eaft Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below SGP Software Solutions by revenue in the Information Technology industry (Application Development, Enterprise Resource Planning), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of SGP Software Solutions Private Limited
SGP Software Solutions Private Limited is audited by VARUN S AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARUN S AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of SGP Software Solutions Private Limited
SGP Software Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunatha Aithal | Director | 05 Jan 2015 | 11 Years 9 Months | As last reported |
| Hebbur Satyanarayanagupta Girish Guptha Also directs: Kirthana Developers LLP, Kirthana Realtors Private Limited, Pratibha Realtors Private Limited and 5 more | Director | 02 Sep 2016 | 10 Years 1 Months | As last reported |
Ownership and Shareholding of SGP Software Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of SGP Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2017 | Yes Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of SGP Software Solutions Private Limited
SGP Software Solutions Private Limited has 3 deals on record (1 acquisition, 1 rights issue, 1 secondary share transfer); the latest was in July 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Rights issue | ₹4.24 Cr | Investors: Shore Dwellings Private Limited , an individual |
| Jun 2016 | Acquisition | ₹70,000 | Buyer: Shore Dwellings Private Limited Seller: an individual |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at SGP Software Solutions Private Limited
SGP Software Solutions Private Limited has a workforce of 98 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on SGP Software Solutions Private Limited
SGP Software Solutions Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Prannoy Kumar ceased to be Director on 04 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for SGP Software Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SGP Software Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SGP Software Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SGP Software Solutions Private Limited
SGP Software Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS6204M1ZL | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SGP Software Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SGP Software Solutions Private Limited
SGP Software Solutions has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
SGP Software Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 26 November 2013 and is registered under CIN U72200KA2013PTC072126. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
SGP Software Solutions was incorporated on 26 November 2013. It is registered with the Registrar of Companies, Bangalore.
SGP Software Solutions had 2 directors:
- Manjunatha Aithal - Director
- Hebbur Satyanarayanagupta Girish Guptha - Director
The CIN (Corporate Identification Number) of SGP Software Solutions is U72200KA2013PTC072126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of SGP Software Solutions is at No. 0277 2nd Main Road 18th Cross Sankey Road Malleshwaram, Bangalore, Karnataka, India – 560003.
SGP Software Solutions can be reached through the website quadra.in. Its registered office is in Bangalore, Karnataka, India.
SGP Software Solutions reported revenue of ₹3.63 Cr for FY 2019 (down 31% YoY).
SGP Software Solutions has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹4.25 Cr.
SGP Software Solutions reported a net loss of ₹7.42 Cr (net margin -204.3%) and EBITDA of -₹4.21 Cr (EBITDA margin -115.8%) for FY 2019, as per its filed financial statements.
The GSTIN of SGP Software Solutions is 29AAUCS6204M1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.