
Simplealgorithms IT Solutions Private Limited
About Simplealgorithms IT Solutions Private Limited
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Simplealgorithms IT Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72900MH2018PTC311571.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pratik Chanekar Vinay and Vinay Chanekar Abhay.
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 Plot No. 35 Chandrabhaga Nagar Hudkeshwar Society Rd Post Malgi Nagar, Nagpur, Maharashtra, India – 440023.
- EmailLocked
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- Registered AddressPlot No. 35 Chandrabhaga Nagar Hudkeshwar Society Rd Post Malgi Nagar, Nagpur, Maharashtra, India – 440023
- IndustryInformation Technology, Other Computer Related Activities
- 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 Simplealgorithms IT Solutions Private Limited
The main business activity of Simplealgorithms IT Solutions 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 Simplealgorithms IT Solutions Private Limited FY 2025 filings available
Simplealgorithms IT Solutions Private Limited reported revenue of ₹7,480 for FY 2024.
Financial Statement Summary of Simplealgorithms IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Simplealgorithms IT Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Simplealgorithms IT Solutions are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Simplealgorithms IT Solutions Private Limited
Simplealgorithms IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Chanekar Vinay | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Vinay Chanekar Abhay | Director | 05 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Simplealgorithms IT Solutions Private Limited
Simplealgorithms IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stardust Nano Technologies Private Limited | ₹7,500 (FY 2016) | •••• | •••• | 88.0% | •••• | Hoshiarpur, Punjab, India |
| Prescient Innovation Private Limited | ₹7,500 (FY 2025) | •••• | •••• | 111.0% | •••• | Ahmedabad, Gujarat, India |
| Parsley Systems Private Limited | ₹7,500 (FY 2024) | •••• | •••• | -71.0% | •••• | Pune, Maharashtra, India |
| Vayam Consulting Services Private Limited | ₹7,500 (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Amel Services and Consultancy Private Limited | ₹7,498 (FY 2025) | •••• | •••• | -79.0% | •••• | Hyderabad, Telangana, India |
| Simplealgorithms IT Solutions Private Limited this company | ₹7,480 (FY 2024) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Healthkos Medi-Solutions Private Limited | ₹7,474 (FY 2025) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Corempo Technologies Private Limited | ₹7,450 (FY 2021) | •••• | •••• | -95.0% | •••• | Bangalore, Karnataka, India |
| Manchitra Services Private Limited. | ₹7,434 (FY 2025) | •••• | •••• | 41.0% | •••• | Delhi, India |
| Quantumarc Private Limited | ₹7,400 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Vanishing Point Game Studios Private Limited | ₹7,383 (FY 2025) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Simplealgorithms IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Simplealgorithms IT 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 Simplealgorithms IT Solutions Private Limited
Simplealgorithms IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Simplealgorithms IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Simplealgorithms IT Solutions.
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 Simplealgorithms IT Solutions Private Limited
Simplealgorithms IT Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Pratik Chanekar Vinay was appointed as Director on 05 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Simplealgorithms IT 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 Simplealgorithms IT 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 Simplealgorithms IT 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 Simplealgorithms IT Solutions 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 Simplealgorithms IT 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 Simplealgorithms IT Solutions Private Limited
Simplealgorithms IT Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 July 2018 (8+ years old) and is registered under CIN U72900MH2018PTC311571.
Simplealgorithms IT Solutions has 2 current directors:
- Pratik Chanekar Vinay - Director
- Vinay Chanekar Abhay - Director
The CIN (Corporate Identification Number) of Simplealgorithms IT Solutions is U72900MH2018PTC311571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simplealgorithms IT Solutions was incorporated on 05 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Simplealgorithms IT Solutions by revenue are Stardust Nano Technologies Private Limited, Prescient Innovation Private Limited, Parsley Systems Private Limited, Vayam Consulting Services Private Limited, Amel Services and Consultancy Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Pratik Chanekar Vinay was appointed as Director on 05 Jul 2018. Vinay Chanekar Abhay was appointed as Director on 05 Jul 2018.
The registered office of Simplealgorithms IT Solutions is at Plot No. 35 Chandrabhaga Nagar Hudkeshwar Society Rd Post Malgi Nagar, Nagpur, Maharashtra, India – 440023.
Simplealgorithms IT Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Simplealgorithms IT Solutions operates in the information technology industry, in the other computer related activities segment.
No. Simplealgorithms IT Solutions is not listed on any stock exchange. It is an unlisted company.
Simplealgorithms IT Solutions can be reached at its registered office: Plot No. 35 Chandrabhaga Nagar Hudkeshwar Society Rd Post Malgi Nagar, Nagpur, Maharashtra, India – 440023.