About Softdew Innovations Private Limited
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Softdew Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC094924. Its GSTIN is 29AAXCS3480Q1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Softdew Innovations (Opc) Private Limited. It is led by directors Jyoti Veluri and Harinath Venkata Pudipeddi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No 301 No 513 3rd A Main 5th Cross Ombr Layout, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2023, the company reported a revenue of ₹11 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.79 Lakh (net margin -25.3%) and EBITDA of -₹2.69 Lakh (EBITDA margin -24.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haploiwms.io.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No 301 No 513 3rd A Main 5th Cross Ombr Layout, Bangalore, Karnataka, India – 560043
- 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
CIN History of Softdew Innovations Private Limited
Softdew Innovations has one previous CIN (Corporate Identification Number): U72900KA2016OPC094924. The current CIN is U72900KA2016PTC094924, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2016PTC094924 | Current |
| U72900KA2016OPC094924 | Previous |
Business Activity of Softdew Innovations Private Limited
The main business activity of Softdew Innovations is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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.
Auditor Details of Softdew Innovations Private Limited
Softdew Innovations Private Limited is audited by Sangeeta Goel for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sangeeta Goel | 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 Softdew Innovations Private Limited
Softdew Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Veluri Also directs: Studio Navaka LLP | Director | 16 Jun 2021 | 5 Years 3 Months | Current |
| Harinath Venkata Pudipeddi Also directs: Studio Navaka LLP, HNPV Consulting (OPC) Private Limited | Director | 12 Jul 2016 | 10 Years 2 Months | Current |
Financials of Softdew Innovations Private Limited FY 2023 filings available
Softdew Innovations Private Limited reported revenue of ₹11 Lakh (up 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Softdew Innovations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 5% growth in the latest year. EBITDA fell 344% 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 Softdew Innovations Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹2.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.79 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Softdew Innovations Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -25.3% | •••• | •••• | •••• | •••• |
| 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 Softdew Innovations are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Softdew Innovations 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 Softdew Innovations Private Limited
Softdew Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Softdew Innovations Private Limited
Employment history and EPFO contributions of people linked to Softdew Innovations.
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.
GST Compliance of Softdew Innovations Private Limited
Softdew Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS3480Q1Z2 | Karnataka | Active | 13 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Softdew Innovations 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 Softdew Innovations 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 Softdew Innovations 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.
MCA Filings & Documents of Softdew Innovations 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.
Recent Activity on Softdew Innovations Private Limited
Frequently Asked Questions about Softdew Innovations Private Limited
Softdew Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U72900KA2016PTC094924.
Softdew Innovations reported revenue of ₹11 Lakh for FY 2023 (up 5% YoY).
Softdew Innovations has 2 current directors:
- Jyoti Veluri - Director
- Harinath Venkata Pudipeddi - Director
Softdew Innovations reported a net loss of ₹2.79 Lakh (net margin -25.3%) and EBITDA of -₹2.69 Lakh (EBITDA margin -24.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Softdew Innovations is 26% over three years. In the latest year (FY 2023) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Softdew Innovations is 29AAXCS3480Q1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Softdew Innovations is U72900KA2016PTC094924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Softdew Innovations was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Softdew Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).