About Softway Solutions Private Limited
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Softway Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Softway Solutions Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC039763. Its GSTIN is 29AABCH7066H1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.38 Lakh. It was formerly known as Hysis Technologies Private Limited. It is led by directors Mazhar Rizwana and Mohammadtajuddin Anwar.
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 is at # 2116 4th Cross Kalyana Nagar 2nd Block, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.55 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹63.4 Lakh (net margin 3.6%) and EBITDA of ₹1.32 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 10% over five years.
The company has about 85 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Softway Solutions. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website softway.com.
Company details
Contact details
Softway Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is softway.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 2116 4th Cross Kalyana Nagar 2nd Block, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Softway Solutions Private Limited, buy the company report.
- 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
Brands
Softway Solutions operates one associated brand: Softway Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Consulting firm specializing in AI, technology, and culture change for businesses. | softwaysolutions.com |
Business activity
The main business activity of Softway Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Softway Solutions Private Limited, buy the company report.
Financials of Softway Solutions Private Limited
FY 2024 filings availableSoftway Solutions Private Limited reported revenue of ₹17.55 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 39% growth in the latest year. EBITDA rose 16% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.32 Cr | ||||
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| Net Profit (PAT) | ₹63.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Softway Solutions Private Limited, buy the company report.
Board of directors of Softway Solutions Private Limited
Softway Solutions 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 |
|---|---|---|---|---|
| Mazhar Rizwana | Director | 29 Apr 2021 | 5 Years 5 Months | Current |
| Mohammadtajuddin Anwar | Director | 20 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Softway Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Concert Care India Private Limited | ₹17.76 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India | |||
| Softway Solutions Private Limitedthis company | ₹17.55 Cr (FY 2024) | ₹63.4 Lakh | 3.6% | 39.0% | 85 | Bangalore, Karnataka, India |
| Idcol Software Limited | ₹17.48 Cr (FY 2022) | 40.0% | Bhubaneswar, Odisha, India | |||
| Nexuslink Services India Private Limited | ₹17.41 Cr (FY 2024) | -1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Softway Solutions Private Limited, buy the company report.
Auditor
Softway Solutions Private Limited is audited by B C SHETTY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B C SHETTY & CO | FY 2023 | 003819S |
Shareholding
The shareholding of Softway Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Softway Solutions Private Limited, buy the company report.
Legal cases
Softway Solutions Private Limited has 3 court cases on record: 3 filed by Softway Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Softway Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Softway Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Softway Solutions Private Limited has a workforce of 85 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Softway Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH7066H1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Softway Solutions Private Limited, buy the company report.
Recent activity
Softway Solutions Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Mazhar Rizwana ceased to be Additional Director on 24 Nov 2021.
Frequently asked questions
Softway Solutions 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 20 June 2006 (20+ years old) and is registered under CIN U72200KA2006PTC039763.
Softway Solutions has 2 current directors:
- Mazhar Rizwana - Director
- Mohammadtajuddin Anwar - Director
The latest financial statements of Softway Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Softway Solutions is 29AABCH7066H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Softway Solutions is U72200KA2006PTC039763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Softway Solutions has 3 court cases on record: 3 filed by the company.
Softway Solutions was incorporated on 20 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Softway Solutions by revenue are Concert Care India Private Limited, Idcol Software Limited, Nexuslink Services India Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Mazhar Rizwana ceased to be Additional Director on 24 Nov 2021. Mohammed Khaleel Anwar ceased to be Director on 30 Apr 2021. Mazhar Rizwana was appointed as Director on 29 Apr 2021. Softway Solutions has 4 board changes on record in total.
Softway Solutions can be reached through the website softway.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Softway Solutions is at # 2116 4th Cross Kalyana Nagar 2nd Block, Bangalore, Karnataka, India – 560043.