Sheri Software Development Private Limited
About Sheri Software Development Private Limited
Data last updated:
Sheri Software Development Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 January 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2008PTC057047.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Laxma Reddy Sheri and Seri Reddy Mahender.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at H.No:16 – 11 – 16/N/95 Prashanth Nagar Malakpet, Hyderabad, Telangana, India – 500036.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.34 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.92 Lakh (net margin -21.9%) and EBITDA of -₹2.91 Lakh (EBITDA margin -21.8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
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- Registered AddressH.No:16 – 11 – 16/N/95 Prashanth Nagar Malakpet, Hyderabad, Telangana, India – 500036
- IndustryInformation Technology, Application Development & Software 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 Sheri Software Development Private Limited
The main business activity of Sheri Software Development is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Sheri Software Development Private Limited FY 2018 filings available
Sheri Software Development Private Limited reported revenue of ₹13.34 Lakh (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Sheri Software Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 20% 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 Sheri Software Development Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹13.34 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.91 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.92 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 of Sheri Software Development Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21.8% | •••• | •••• | •••• |
| Net Profit Margin | -21.9% | •••• | •••• | •••• |
| 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 Sheri Software Development 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 Sheri Software Development Private Limited
Sheri Software Development Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infomatrix Technologies Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Metacoros Technology (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Avianco Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mavenhive Technologies Private Limited | •••• | •••• | •••• | •••• | 26 | Bangalore South, Karnataka, India |
| Sparxiatech Ventures Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sheri Software Development Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Eworks Technologies Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Ai-Know Labs Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Its 4 Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sync Technologies Private Limited | •••• | •••• | •••• | •••• | - | Nadiad, Gujarat, India |
| Element94 Media Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hardwar, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Sheri Software Development by revenue in the Information Technology industry (Application Development), 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 Sheri Software Development Private Limited
Sheri Software Development Private Limited is audited by M HARISH & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M HARISH & ASSOCIATES | 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 Sheri Software Development Private Limited
Sheri Software Development has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxma Reddy Sheri | Director | 08 Jan 2008 | 18 Years 8 Months | As last reported |
| Seri Reddy Mahender | Director | 08 Jan 2008 | 18 Years 8 Months | As last reported |
Ownership and Shareholding of Sheri Software Development 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 Sheri Software Development Private Limited
Sheri Software Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sheri Software Development Private Limited
Employment history and EPFO contributions of people linked to Sheri Software Development.
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.
CIN History of Sheri Software Development Private Limited
Sheri Software Development has one previous CIN (Corporate Identification Number): U72200AP2008PTC057047. The current CIN is U72200TG2008PTC057047, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2008PTC057047 | Current |
| U72200AP2008PTC057047 | Previous |
Recent Activity on Sheri Software Development Private Limited
Sheri Software Development Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Laxma Reddy Sheri was appointed as Director on 08 Jan 2008.
Credit Ratings, Litigation & Regulatory Alerts for Sheri Software Development 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 Sheri Software Development 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 Sheri Software Development 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 Sheri Software Development Private Limited
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 Sheri Software Development 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 Sheri Software Development Private Limited
Sheri Software Development has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sheri Software Development was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 08 January 2008 and is registered under CIN U72200TG2008PTC057047. The company has been struck off by the Registrar of Companies and is no longer operational.
Sheri Software Development had 2 directors:
- Laxma Reddy Sheri - Director
- Seri Reddy Mahender - Director
The CIN (Corporate Identification Number) of Sheri Software Development is U72200TG2008PTC057047. 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 Sheri Software Development is at H.No:16 – 11 – 16N95 Prashanth Nagar Malakpet, Hyderabad, Telangana, India – 500036.
Sheri Software Development was incorporated on 08 January 2008. It is registered with the Registrar of Companies, Hyderabad.
Sheri Software Development reported revenue of ₹13.34 Lakh for FY 2018 (down 20% YoY).
Sheri Software Development has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.
Sheri Software Development reported a net loss of ₹2.92 Lakh (net margin -21.9%) and EBITDA of -₹2.91 Lakh (EBITDA margin -21.8%) for FY 2018, as per its filed financial statements.
Sheri Software Development operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The compounded annual growth rate (CAGR) of the revenue of Sheri Software Development is -20% over three years. In the latest year (FY 2018) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.