Soft Iq Solution Private Limited

Soft Iq Solution Private Limited - consumer electronics & durables in Bhadrak, Orissa, India. FY 2026 financials & compliance.
CIN U72900OR2019PTC031685 Incorporated 17 September 2019 ROC Cuttack HQ Bhadrak, Orissa, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2021
₹16.05 Lakh
▼ 40% YoY
Net loss · FY 2021
₹19,935
Net margin -1.2%
EBITDA · FY 2021
₹1.11 Lakh
EBITDA margin 6.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Soft Iq Solution Private Limited

Data last updated:

Soft Iq Solution Private Limited is a private limited company based in Bhadrak, Orissa, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2019PTC031685. Its GSTIN is 21ABCCS6420J1ZL (Odisha).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nityananda Kabi (Managing Director) and Minati Lata Kabi.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No – 155 Kheranga Chandabali, Bhadrak, Orissa, India – 756131.

As per the financials filed for FY 2021, the company reported a revenue of ₹16.05 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹19,935 (net margin -1.2%) and EBITDA of ₹1.11 Lakh (EBITDA margin 6.9%).

The company is associated with 1 brand: Soft IQ.

For more details, the company can be reached via its website softpe.in.

Company Details of Soft Iq Solution Private Limited
CIN U72900OR2019PTC031685
Registration Number 031685
Incorporation Date 17 September 2019
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Apps
  • Registered Address
    Plot No – 155 Kheranga Chandabali, Bhadrak, Orissa, India – 756131
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Soft Iq Solution Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Soft Iq Solution Private Limited

The main business activity of Soft Iq Solution is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Soft Iq Solution Private Limited FY 2021 filings available

Soft Iq Solution Private Limited reported revenue of ₹16.05 Lakh (down 40% YoY) for FY 2021.

Revenue · FY 2021
₹16.05 Lakh ▼ 40%
Net loss · FY 2021
₹19,935 margin -1.2%
EBITDA · FY 2021
₹1.11 Lakh margin 6.9%

Compounded Annual Growth Rate (CAGR) of Soft Iq Solution Private Limited

Revenue CAGR growth
1 year
▼ 40%
EBITDA CAGR growth
1 year
▲ 8%

Revenue fell 40% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Soft Iq Solution Private Limited

MetricsFY 2020-21FY 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₹1.11 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹19,935••••
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 Soft Iq Solution Private Limited

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin6.9%••••
Net Profit Margin-1.2%••••
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 Soft Iq Solution are in the company report.

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Financial statements from FY 2020

Earlier years and trend charts are in the company report.

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Peer Comparison of Soft Iq Solution Private Limited

Soft Iq Solution Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ducorp India Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Friends Ornaments Private Limited••••••••••••••••-Muzaffarnagar, Uttar Pradesh, India
Guruhasthi Plantations Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Sujal Dairy Products Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Punj Enterprises Private Limited.••••••••••••••••-New Delhi, Delhi, India
Soft Iq Solution Private Limited this company••••••••••••••••-Bhadrak, Orissa, India
Sree Subh Services Private Limited••••••••••••••••-Bangalore, Karnataka, India
Insha Industries (OPC) Private Limited••••••••••••••••-Moradabad, Uttar Pradesh, India
Nayaseva Services Private Limited••••••••••••••••-Shaikpet, Telangana, India
Ramkaaj Cotton Private Limited••••••••••••••••-Krishnagiri, Tamil Nadu, India
Gurprabh Fair Deals Private Limited••••••••••••••••-Ludhiana, Punjab, India

Peers are the five companies nearest above and the five nearest below Soft Iq Solution by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Board of Directors of Soft Iq Solution Private Limited

Soft Iq Solution has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nityananda KabiManaging Director17 Sep 20197 Years 0 MonthsCurrent
Minati Lata KabiDirector17 Sep 20197 Years 0 MonthsCurrent

Ownership and Shareholding of Soft Iq Solution Private Limited

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Charges & Borrowings of Soft Iq Solution Private Limited

Soft Iq Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Soft Iq Solution Private Limited

Soft Iq Solution operates one associated brand: Soft IQ. Each brand links to its own profile.

BrandDescriptionWebsite
Offers an online platform for convenient bill payments and mobile recharging services.softpe.in

Employees and EPFO Compliance at Soft Iq Solution Private Limited

Employment history and EPFO contributions of people linked to Soft Iq Solution.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Soft Iq Solution Private Limited

Soft Iq Solution Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Minati Lata Kabi was appointed as Director on 17 Sep 2019.

AGM
Soft Iq Solution Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Soft Iq Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Cuttack.
Appointed
Minati Lata Kabi was appointed as Director.
Appointed
Nityananda Kabi was appointed as Managing Director.
Incorporation
17 Sep 2019
Soft Iq Solution Private Limited was registered on 17 Sep 2019 with Roc Cuttack & aged 7 years 22 days as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Soft Iq Solution Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Soft Iq Solution Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Soft Iq Solution Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Soft Iq Solution Private Limited

Soft Iq Solution has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21ABCCS6420J1ZLOdishaActive16 Nov 2019
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Soft Iq Solution Private Limited

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MCA filings and documents

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Frequently Asked Questions about Soft Iq Solution Private Limited

Soft Iq Solution is an active private limited company based in Bhadrak, Orissa, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 September 2019 (7+ years old) and is registered under CIN U72900OR2019PTC031685.

Soft Iq Solution reported revenue of ₹16.05 Lakh for FY 2021 (down 40% YoY).

Soft Iq Solution has 2 current directors:

Soft Iq Solution reported a net loss of ₹19,935 (net margin -1.2%) and EBITDA of ₹1.11 Lakh (EBITDA margin 6.9%) for FY 2021, as per its filed financial statements.

The GSTIN of Soft Iq Solution is 21ABCCS6420J1ZL, registered in Odisha.

The CIN (Corporate Identification Number) of Soft Iq Solution is U72900OR2019PTC031685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Soft Iq Solution was incorporated on 17 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.

The peers of Soft Iq Solution by revenue are Ducorp India Private Limited, Friends Ornaments Private Limited, Guruhasthi Plantations Private Limited, Sujal Dairy Products Private Limited, Punj Enterprises Private Limited. and 5 more, all in the same principal business activity (Wholesale Trading).

Minati Lata Kabi was appointed as Director on 17 Sep 2019. Nityananda Kabi was appointed as Managing Director on 17 Sep 2019.

Yes, Soft Iq Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Soft Iq Solution can be reached through the website softpe.in. Its registered office is in Bhadrak, Orissa, India.

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