About SWG Solutions India Private Limited
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SWG Solutions India Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Swg Group Bg Ad. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017FTC116747. Its GSTIN is 33AAYCS7152G1ZW (Tamil Nadu).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹17.37 Lakh. It is led by directors Arun Venkatraman and Kalin Ivanov Radev.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.88 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.03 Cr (net margin -26.5%) and EBITDA of -₹1.03 Cr (EBITDA margin -26.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Software Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website softwaregroup.com.
Company details
Contact details
SWG Solutions India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is softwaregroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.F. No. 278/3A1 278/3A2 & 278/9A Rajiv Gandhi Salai Omr Kottivakkam S, Holinganal, Chennai, Tamil Nadu, India – 600041
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of SWG Solutions 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
Brands
SWG Solutions India operates one associated brand: Software Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivery channel and integration solutions are provided for financial institutions. | softwaregroup.com |
Business activity
The main business activity of SWG Solutions India 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 SWG Solutions India Private Limited, buy the company report.
Financials of SWG Solutions India Private Limited
FY 2024 filings availableSWG Solutions India Private Limited reported revenue of ₹3.88 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. 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 | -₹1.03 Cr | ||||
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| Net Profit (PAT) | -₹1.03 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | -26.6% | ||||
| Net Profit Margin | -26.5% | ||||
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To see the full financial statements and ratios of SWG Solutions India Private Limited, buy the company report.
Board of directors of SWG Solutions India Private Limited
SWG Solutions India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Venkatraman | Director | 07 Sep 2018 | 8 Years 2 Months | Current |
| Kalin Ivanov Radev | Director | 25 May 2017 | 9 Years 5 Months | Current |
Peer comparison
SWG Solutions India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), 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 |
|---|---|---|---|---|---|---|
| Giridhara Software Services Private Limited | ₹3.91 Cr (FY 2024) | 28.0% | Bangalore, Karnataka, India | |||
| Test Tribe Private Limited | ₹3.9 Cr (FY 2025) | 91.0% | Ghansoli, Maharashtra, India | |||
| SWG Solutions India Private Limitedthis company | ₹3.88 Cr (FY 2024) | -₹1.03 Cr | -26.5% | -15.0% | 17 | Chennai, Tamil Nadu, India |
| Aplite Infosolution Private Limited | ₹3.87 Cr (FY 2025) | -11.0% | Ujjain, Madhya Pradesh, India | |||
| Triz Innovation Limited | ₹3.86 Cr (FY 2024) | 225.0% | Surat, Gujarat, India |
To see the full peer comparison of SWG Solutions India Private Limited, buy the company report.
Auditor
SWG Solutions India Private Limited is audited by ARG & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARG & CO. LLP | FY 2023 | 010630N/N500036 |
Shareholding
The shareholding of SWG Solutions 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SWG Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving SWG Solutions 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
SWG Solutions India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, 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 |
|---|---|---|---|
| Arg & Co. LLP |
To see the full MSME payment records of SWG Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SWG Solutions India Private Limited has a workforce of 17 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
SWG Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYCS7152G1ZW | Tamil Nadu | Active | 19 Sep 2017 |
To see the full GST registrations and return filing status of SWG Solutions India Private Limited, buy the company report.
Recent activity
SWG Solutions India Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Georgi Ivanov Yanchev ceased to be Director on 03 Nov 2023.
News
Frequently asked questions
SWG Solutions India is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 May 2017 (9+ years old) and is registered under CIN U74999TN2017FTC116747.
SWG Solutions India has 2 current directors:
- Arun Venkatraman - Director
- Kalin Ivanov Radev - Director
The latest financial statements of SWG Solutions 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 FY 2018 are in the company report.
The GSTIN of SWG Solutions India is 33AAYCS7152G1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of SWG Solutions India is U74999TN2017FTC116747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SWG Solutions India was incorporated on 25 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of SWG Solutions India by revenue are Giridhara Software Services Private Limited, Test Tribe Private Limited, Aplite Infosolution Private Limited, Triz Innovation Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Georgi Ivanov Yanchev ceased to be Director on 03 Nov 2023. Arun Venkatraman ceased to be Additional Director on 28 Sep 2018. Arun Venkatraman was appointed as Director on 07 Sep 2018. SWG Solutions India has 5 board changes on record in total.
SWG Solutions India has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
SWG Solutions India can be reached through the website softwaregroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of SWG Solutions India is at S.F. No. 2783A1 2783A2 & 2789A Rajiv Gandhi Salai Omr Kottivakkam S, Holinganal, Chennai, Tamil Nadu, India – 600041.
SWG Solutions India operates in the information technology industry, in the software development and support services segment.
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