Socwise Technologies Private Limited
About Socwise Technologies Private Limited
Data last updated:
Socwise Technologies Private Limited was a private limited company based in Meerut, Uttar Pradesh, 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 computer and IT-related services segment of the technology and IT services sector. It was incorporated on 23 May 2018.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U72900UP2018PTC104588.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.8 Lakh. It was led by directors Yogesh Sharma Chandra and Santosh Ahuja.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 61/7 Shastri Nagar L.L.R.M Medical College, Meerut, Uttar Pradesh, India – 250004.
As per the financials filed for FY 2022, the company reported a revenue of ₹58,552, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹2,759 (net margin -4.7%) and EBITDA of ₹3,252 (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
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- Registered Address61/7 Shastri Nagar L.L.R.M Medical College, Meerut, Uttar Pradesh, India – 250004
- 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
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Financials of Socwise Technologies Private Limited FY 2024 filings available
Socwise Technologies Private Limited reported revenue of ₹58,552 (down 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Socwise Technologies Private Limited
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. 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 Socwise Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹58,552 | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹3,252 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,759 | •••• | •••• | •••• |
| 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 Socwise Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• |
| Net Profit Margin | -4.7% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Socwise Technologies 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 Socwise Technologies Private Limited
Socwise Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Sharma Chandra | Director | 23 May 2018 | 8 Years 4 Months | As last reported |
| Santosh Ahuja Also directs: Wissenspartners Consulting LLP | Director | 23 May 2018 | 8 Years 4 Months | As last reported |
Ownership and Shareholding of Socwise Technologies 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 Socwise Technologies Private Limited
Socwise Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Socwise Technologies Private Limited
Employment history and EPFO contributions of people linked to Socwise Technologies.
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 Socwise Technologies Private Limited
Socwise Technologies Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Manoj Ahuja ceased to be Director on 28 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Socwise Technologies 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 Socwise Technologies 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 Socwise Technologies 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 Socwise Technologies 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 Socwise Technologies 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 Socwise Technologies Private Limited
Socwise Technologies 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.
Socwise Technologies was a private limited company based in Meerut, Uttar Pradesh, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 23 May 2018 and is registered under CIN U72900UP2018PTC104588. The company has been struck off by the Registrar of Companies and is no longer operational.
Socwise Technologies had 2 directors:
- Yogesh Sharma Chandra - Director
- Santosh Ahuja - Director
The CIN (Corporate Identification Number) of Socwise Technologies is U72900UP2018PTC104588. 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 Socwise Technologies is at 617 Shastri Nagar L.L.R.M Medical College, Meerut, Uttar Pradesh, India – 250004.
Socwise Technologies was incorporated on 23 May 2018. It is registered with the Registrar of Companies, Kanpur.
Socwise Technologies reported revenue of ₹58,552 for FY 2022 (down 2% YoY).
Socwise Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.8 Lakh.
Socwise Technologies reported a net loss of ₹2,759 (net margin -4.7%) and EBITDA of ₹3,252 (EBITDA margin 5.6%) for FY 2022, as per its filed financial statements.
Socwise Technologies operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.