Socialyte Software Private Limited (OPC)

Socialyte Software Private Limited (OPC) - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U72200TG2016OPC102599 Incorporated 06 January 2016 ROC Hyderabad HQ Hyderabad, Telangana, India
Struck Off information technology
Data last updated
Revenue · FY 2022
₹7.89 Lakh
▼ 66% YoY
Net loss · FY 2022
₹20.17 Lakh
Net margin -255.7%
EBITDA · FY 2022
-₹19.77 Lakh
EBITDA margin -250.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
1
As per MCA filings
Active GSTINs
1
GST registered

About Socialyte Software Private Limited (OPC)

Data last updated:

Socialyte Software Private Limited (OPC) was a one person 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 software development and support services segment of the technology and IT services sector. It was incorporated on 06 January 2016.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2016OPC102599. Its GSTIN is 36AAWCS6786Q1ZT (Telangana).

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by director Praveen Kumar Kantem.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Hyderabad, Telangana.

As per the financials filed for FY 2022, the company reported a revenue of ₹7.89 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹20.17 Lakh (net margin -255.7%) and EBITDA of -₹19.77 Lakh (EBITDA margin -250.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 64% over five years.

The last known website on record is socialmediawall.io.

Company details

CIN U72200TG2016OPC102599
Registration Number 102599
Incorporation Date 06 January 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

Contact details

Socialyte Software Private Limited (OPC)'s registered office is in Hyderabad, Telangana. Its website is socialmediawall.io. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. 201 H.No. 6 – 3 – 595/11 Tirumala Padmavathi Nagar Colony Anand Nagar Kh, Airatabad, Hyderabad, Telangana, India – 500004
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Socialyte Software Private Limited (OPC), buy the company report.

Comprehensive company report
Socialyte Software Private Limited (OPC) - 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
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Business activity

The main business activity of Socialyte Software Private Limited (OPC) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Socialyte Software Private Limited (OPC), buy the company report.

Financials of Socialyte Software Private Limited (OPC)

FY 2022 filings available

Socialyte Software Private Limited (OPC) reported revenue of ₹7.89 Lakh (down 66% YoY) for FY 2022.

Revenue · FY 2022
₹7.89 Lakh ▼ 66%
Net loss · FY 2022
₹20.17 Lakh margin -255.7%
EBITDA · FY 2022
-₹19.77 Lakh margin -250.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 32%
5 years · compounded
▲ 64%
EBITDA CAGR growth
3 years · compounded
▼ 46%
5 years · compounded
▼ 99%

Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹7.89 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹19.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.17 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-250.6%
Net Profit Margin-255.7%
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 Socialyte Software Private Limited (OPC), buy the company report.

Board of directors of Socialyte Software Private Limited (OPC)

Socialyte Software Private Limited (OPC) has 1 current director and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Praveen Kumar KantemDirector09 Jul 20224 Years 3 MonthsAs last reported

Peer comparison

Socialyte Software Private Limited (OPC) is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tinkerbox Technology Private Limited₹7.95 Lakh (FY 2024)Gurgaon, Haryana, India
Socialyte Software Private Limited (OPC)this company₹7.89 Lakh (FY 2022)-₹20.17 Lakh-255.7%-66.0%Hyderabad, Telangana, India
White Oak Interactive Private Limited₹7.86 Lakh (FY 2021)-32.0%Thane, Maharashtra, India
Squarewave Infotech Private Limited₹7.76 Lakh (FY 2022)-5.0%New Delhi, Delhi, India

To see the full peer comparison of Socialyte Software Private Limited (OPC), buy the company report.

Auditor

Socialyte Software Private Limited (OPC) is audited by ANANT RAO & MALLIK for the financial year 2019.

Auditor firmFinancial yearFirm registration number
ANANT RAO & MALLIKFY 2019006266S

Shareholding

The shareholding of Socialyte Software Private Limited (OPC) is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Socialyte Software Private Limited (OPC), buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Socialyte Software Private Limited (OPC); the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Socialyte Software Private Limited (OPC) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAWCS6786Q1ZTTelanganaActive16 Aug 2017

To see the full GST registrations and return filing status of Socialyte Software Private Limited (OPC), buy the company report.

Recent activity

Socialyte Software Private Limited (OPC) has 2 board changes on record since 2022: 1 appointment and 1 cessation. The latest: Praveen Kumar Kantem was appointed as Director on 09 Jul 2022.

Appointed
Praveen Kumar Kantem was appointed as Director.
Ceased
Thippana Vamsikalyan ceased to be Director.
Filing
Socialyte Software Private Limited (Opc) has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
AGM
Socialyte Software Private Limited (Opc) last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Incorporation
06 Jan 2016
Socialyte Software Private Limited (Opc) was registered on 06 Jan 2016 with Roc Hyderabad & aged 10 years 9 months as per MCA records.

Frequently asked questions

Socialyte Software Private Limited (OPC) 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.

Socialyte Software Private Limited (OPC) was a company based in Hyderabad, Telangana, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 06 January 2016 and is registered under CIN U72200TG2016OPC102599. The company has been struck off by the Registrar of Companies and is no longer operational.

Socialyte Software Private Limited (OPC) had 1 director:

The CIN (Corporate Identification Number) of Socialyte Software Private Limited (OPC) is U72200TG2016OPC102599. 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 Socialyte Software Private Limited (OPC) is at Flat No. 201 H.No. 6 – 3 – 59511 Tirumala Padmavathi Nagar Colony Anand Nagar Kh, Airatabad, Hyderabad, Telangana, India – 500004.

Socialyte Software Private Limited (OPC) was incorporated on 06 January 2016. It is registered with the Registrar of Companies, Hyderabad.

Socialyte Software Private Limited (OPC) can be reached through the website socialmediawall.io. Its registered office is in Hyderabad, Telangana, India.

The latest financial statements of Socialyte Software Private Limited (OPC) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Socialyte Software Private Limited (OPC) is 36AAWCS6786Q1ZT, registered in Telangana.

Socialyte Software Private Limited (OPC) operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.

The peers of Socialyte Software Private Limited (OPC) by revenue are Tinkerbox Technology Private Limited, White Oak Interactive Private Limited, Squarewave Infotech Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other professional, scientific and technical activities).