Swipe Saas Solutions Private Limited
About Swipe Saas Solutions Private Limited
Data last updated:
Swipe Saas Solutions Private Limited was a foreign private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 December 2021.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021FTC148448.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Ganesan Swaminathan and Pavithra Arunachalam.
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 was at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.55 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹20.77 Lakh (net margin -13.4%) and EBITDA of -₹20.01 Lakh (EBITDA margin -12.9%).
Company details
Contact details
Swipe Saas Solutions Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressOld No. 96/8 New No.99/8, Varadarajapuram Main Road, Chennai, Tamil Nadu, India – 600018
- IndustryInformation Technology, Other Computer Related Activities
- 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 Swipe Saas 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 Swipe Saas Solutions Private Limited, buy the company report.
Financials of Swipe Saas Solutions Private Limited
FY 2024 filings availableSwipe Saas Solutions Private Limited reported revenue of ₹1.55 Cr (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 62% in the latest year. EBITDA fell 259% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹20.01 Lakh | ||
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| Net Profit (PAT) | -₹20.77 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | -12.9% | ||
| Net Profit Margin | -13.4% | ||
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To see the full financial statements and ratios of Swipe Saas Solutions Private Limited, buy the company report.
Board of directors of Swipe Saas Solutions Private Limited
Swipe Saas Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesan Swaminathan Also directs: Brand Exponents Creatives Private Limited | Director | 07 Dec 2021 | 4 Years 10 Months | As last reported |
| Pavithra Arunachalam Also directs: Brand Exponents Creatives Private Limited | Director | 07 Dec 2021 | 4 Years 10 Months | As last reported |
Peer comparison
Swipe Saas Solutions Private Limited is compared with the 8 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Livewire IT Services Private Limited | ₹1.55 Cr (FY 2016) | 148.0% | Siliguri, West Bengal, India | |||
| Codalent Technologies Private Limited | ₹1.55 Cr (FY 2025) | 63.0% | Gurugram, Haryana, India | |||
| Stafz IT Services Private Limited | ₹1.55 Cr (FY 2025) | 30.0% | Bangalore, Karnataka, India | |||
| Topmindz Pros India Private Limited | ₹1.55 Cr (FY 2025) | -32.0% | Hyderabad, Telangana, India | |||
| Swipe Saas Solutions Private Limitedthis company | ₹1.55 Cr (FY 2024) | -₹20.77 Lakh | -13.4% | 62.0% | Chennai, Tamil Nadu, India | |
| Connexa IT Solutions Private Limited | ₹1.55 Cr (FY 2024) | -38.0% | Bangalore, Karnataka, India | |||
| Deeproot Linux Private Limited | ₹1.55 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Codt Technologies Private Limited | ₹1.55 Cr (FY 2025) | 78.0% | Gurgaon, Haryana, India | |||
| Dxminds Innovation Labs Private Limited | ₹1.55 Cr (FY 2024) | -10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Swipe Saas Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swipe Saas Solutions 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
No delayed payments to MSME suppliers are on our record for Swipe Saas Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Swipe Saas Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Swipe Saas Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ganesan Swaminathan was appointed as Director on 07 Dec 2021.
Frequently asked questions
Swipe Saas Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Swipe Saas Solutions was a foreign private limited company based in Chennai, Tamil Nadu, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 07 December 2021 and is registered under CIN U72900TN2021FTC148448. The company has been struck off by the Registrar of Companies and is no longer operational.
Swipe Saas Solutions had 2 directors:
- Ganesan Swaminathan - Director
- Pavithra Arunachalam - Director
The CIN (Corporate Identification Number) of Swipe Saas Solutions is U72900TN2021FTC148448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Swipe Saas Solutions is at Old No. 968 New No.998, Varadarajapuram Main Road, Chennai, Tamil Nadu, India – 600018.
Swipe Saas Solutions was incorporated on 07 December 2021. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Swipe Saas 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 FY 2022 are in the company report.
Swipe Saas Solutions operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
The peers of Swipe Saas Solutions by revenue are Livewire IT Services Private Limited, Codalent Technologies Private Limited, Stafz IT Services Private Limited, Topmindz Pros India Private Limited, Connexa IT Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ganesan Swaminathan was appointed as Director on 07 Dec 2021. Pavithra Arunachalam was appointed as Director on 07 Dec 2021.
Swipe Saas Solutions can be reached at its registered office: Old No. 968 New No.998, Varadarajapuram Main Road, Chennai, Tamil Nadu, India – 600018.