About Utile Software Solutions Private Limited
Data last updated:
Utile Software Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 April 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC049502. Its GSTIN is 29AABCU0766H2Z5 (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors Puja Bhalotia (Managing Director) and Vikas Kumar Bhalotia.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.66 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹71.77 Lakh (net margin 86.8%) and EBITDA of ₹81.34 Lakh (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 3% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Utile Tech.
The last known website on record is utiletech.com.
Company details
Contact details
Utile Software Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is utiletech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo 979 01st Cross S T Bed Layout, Koramangala 04th Block, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Utile Software 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
Utile Software Solutions operates one associated brand: Utile Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive technology consulting services to businesses. | utiletech.com |
Business activity
The main business activity of Utile Software Solutions 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 Utile Software Solutions Private Limited, buy the company report.
Financials of Utile Software Solutions Private Limited
FY 2024 filings availableUtile Software Solutions Private Limited reported revenue of ₹82.66 Lakh (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 294% 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 | ₹81.34 Lakh | ||||
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| Net Profit (PAT) | ₹71.77 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 | 98.4% | ||||
| Net Profit Margin | 86.8% | ||||
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To see the full financial statements and ratios of Utile Software Solutions Private Limited, buy the company report.
Board of directors of Utile Software Solutions Private Limited
Utile Software Solutions 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 |
|---|---|---|---|---|
| Puja Bhalotia Also directs: Utile Software Solutions LLP | Managing Director | 15 Jan 2013 | 13 Years 9 Months | As last reported |
| Vikas Kumar Bhalotia | Director | 01 Apr 2009 | 17 Years 7 Months | As last reported |
Auditor
Utile Software Solutions Private Limited is audited by M M K & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M K & CO | FY 2022 | 012685S |
Shareholding
The shareholding of Utile Software Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Utile Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Utile Software 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 Utile Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Utile Software Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Utile Software Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU0766H2Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Utile Software Solutions Private Limited, buy the company report.
Recent activity
Utile Software Solutions Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Puja Bhalotia ceased to be Additional Director on 02 Jun 2016.
Frequently asked questions
Utile Software Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Utile Software Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 01 April 2009 and is registered under CIN U72200KA2009PTC049502. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Utile Software Solutions is U72200KA2009PTC049502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utile Software Solutions had 2 directors:
- Puja Bhalotia - Managing Director
- Vikas Kumar Bhalotia - Director
Utile Software Solutions was incorporated on 01 April 2009. It is registered with the Registrar of Companies, Bangalore.
Utile Software Solutions can be reached through the website utiletech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Utile Software Solutions is at No 979 01st Cross S T Bed Layout, Koramangala 04th Block, Bangalore, Karnataka, India – 560034.
The latest financial statements of Utile Software 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 Utile Software Solutions is 29AABCU0766H2Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Utile Software Solutions operated in the information technology industry, in the application development and software solutions segment.
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