About Soti India Private Limited
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Soti India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Matheson West Management Services Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2013FTC049399. Its GSTIN is 06AATCS2315L1Z0 (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Raj Shourey and Carl Jerome Rodrigues.
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 Block – A Second Floor Bestech Business Tower Sohna Road Sector – 48, Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.48 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Cr (net margin 7.7%) and EBITDA of ₹19.36 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 22% over five years.
The company has about 632 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SOTI. As per MCA filings, the company has open charges of ₹2.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website soti.net.
Company details
Contact details
Soti India Private Limited's registered office is in Gurgaon, Haryana. Its website is soti.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – A Second Floor Bestech Business Tower Sohna Road Sector – 48, Gurgaon, Haryana, India – 122018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Soti India 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
Business activity
The main business activity of Soti India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Soti India Private Limited, buy the company report.
Financials of Soti India Private Limited
FY 2024 filings availableSoti India Private Limited reported revenue of ₹143.48 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 12% growth in the latest year. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹19.36 Cr | ||||
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| Net Profit (PAT) | ₹11.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Soti India Private Limited, buy the company report.
Board of directors of Soti India Private Limited
Soti India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Shourey Also directs: Soti Kochi India Private Limited | Director | 31 Jul 2020 | 6 Years 3 Months | Current |
| Carl Jerome Rodrigues Also directs: Soti Kochi India Private Limited | Director | 30 May 2013 | 13 Years 5 Months | Current |
| Lynette Rodrigues Anne Also directs: Soti Kochi India Private Limited | Director | 30 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Soti India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anandit Infotech India Private Limited | ₹145.5 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Panoramic Universal Limited | ₹145.29 Cr (FY 2016) | -7.0% | Mumbai, Maharashtra, India | |||
| Camden Town Technologies Private Limited | ₹145.03 Cr (FY 2022) | 62.0% | Bengaluru, Karnataka, India | |||
| Mresult Technologies Private Limited | ₹144.73 Cr (FY 2025) | 1440.0% | Mumbai, Maharashtra, India | |||
| Sew.Ai Private Limited | ₹144.33 Cr (FY 2025) | 57630.0% | Dadri, Uttar Pradesh, India | |||
| Soti India Private Limitedthis company | ₹143.48 Cr (FY 2025) | ₹11.04 Cr | 7.7% | 12.0% | 632 | Gurgaon, Haryana, India |
| Impiger Technologies Private Limited | ₹142.8 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| Sensorise Digital Services Private Limited | ₹142.52 Cr (FY 2024) | 49.0% | New Delhi, Delhi, India | |||
| Iic Technologies Private Limited | ₹141.7 Cr (FY 2025) | -28.0% | Hyderabad. Andhra Pradesh, Telangana, India | |||
| Semtech Advanced Systems India Private Limited | ₹141.2 Cr (FY 2025) | 40.0% | Bhubaneshwar, Odisha, India |
To see the full peer comparison of Soti India Private Limited, buy the company report.
Auditor
Soti India Private Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Soti India 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Soti India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10606119 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.2 Cr | Open |
To see the full charge records of Soti India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Soti India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Soti India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Westfield Flora Private Limited |
To see the full MSME payment records of Soti India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Soti India Private Limited has a workforce of 632 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Soti India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AATCS2315L1Z0 | Haryana | Active | 01 Jul 2017 |
| 32AATCS2315L2Z4 | Kerala | Active | 08 Mar 2021 |
To see the full GST registrations and return filing status of Soti India Private Limited, buy the company report.
Recent activity
Soti India Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Raj Shourey ceased to be Additional Director on 30 Nov 2021.
News
Frequently asked questions
Soti India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 May 2013 (13+ years old) and is registered under CIN U74999HR2013FTC049399.
Soti India has 3 current directors:
- Raj Shourey - Director
- Carl Jerome Rodrigues - Director
- Lynette Rodrigues Anne - Director
The latest financial statements of Soti India 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 Soti India is 06AATCS2315L1Z0, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AATCS2315L2Z4 (Kerala).
The CIN (Corporate Identification Number) of Soti India is U74999HR2013FTC049399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soti India was incorporated on 30 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Soti India by revenue are Anandit Infotech India Private Limited, Panoramic Universal Limited, Camden Town Technologies Private Limited, Mresult Technologies Private Limited, Sew.Ai Private Limited and 4 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Raj Shourey ceased to be Additional Director on 30 Nov 2021. Jitendra Kumar ceased to be Director on 31 Jul 2020. Raj Shourey was appointed as Director on 31 Jul 2020. Soti India has 5 board changes on record in total.
Soti India has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Oct 2019.
Soti India can be reached through the website soti.net. Its registered office is in Gurgaon, Haryana, India.
The registered office of Soti India is at Block – A Second Floor Bestech Business Tower Sohna Road Sector – 48, Gurgaon, Haryana, India – 122018.
Soti India operates in the information technology industry, in the application development and software solutions segment.
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