Satwic Software Solutions Private Limited - Company overview

Satwic was incorporated on 28 August 2006 and is registered with ROC Bangalore.

2006-08-28 Bangalore North, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1–5 Cr
FY 2017
PROFIT / LOSS
₹50 Lakh–1 Cr
FY 2017
EBITDA
₹50 Lakh–1 Cr
FY 2017
NET WORTH
₹1–5 Cr
FY 2017
TOTAL ASSETS
₹1–5 Cr
FY 2017
EMPLOYEE COUNT
21–30
OPEN CHARGES
-
-
PAID-UP CAPITAL
1.00 Lakh
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
20 Years 2 Months
since 2006-08-28
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-22
ACTIVE GST
1
Updated: 2023-02-23 18:24:33
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Satwic covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
93/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (95), director (95) and company-foundation signals.
  • Operating for 20+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2017.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Satwic Company identity, industry, contact, and registration details from MCA and company records.

Satwic was incorporated on 28 August 2006 and is registered with ROC Bangalore. It is an active private limited company, now about 20 years old. The registered office is at 9/36, 2Nd Floor, Vaishnavi Sapphire Centre, Bangalore North, Karnataka. It was earlier known as Qualsol Software Technologies Private Limited.

In its MCA filings the main business is listed as computer programming, consultancy and related activities, which made up 100% of turnover.

It has two directors: Sadashiva Sharada Naik Jagannatha and Ponnachanda Muthappa Diveen. The longest-serving is Sadashiva Sharada Naik Jagannatha, on the board since 2019; the most recent to join is Ponnachanda Muthappa Diveen, appointed in October 2022. Two former directors are on record; the most recent to leave was Kamalesh Munoor in January 2019.

Paid-up capital is ₹1 lakh against an authorised ₹1 crore, so most of the authorised capital has not been issued yet. Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 22 September 2025. No charges (secured loans) are registered against it.

Information Technology ••••••••
  • Location 9/36, 2Nd Floor, Vaishnavi Sapphire Centre, Bangalore North, Karnataka - 560022
  • Website satwic.com
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Name History
Legal NameSatwic Software Solutions Private Limited
CIN / LLPINU72200KA2006PTC040307
Company No.040307
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2006-08-28
Date of AGM2025-09-22
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Satwic (2) Current board members from MCA filings, including designation and appointment details.

S
Sadashiva Sharada Naik Jagannatha
Director | Since 2019-04-03 | DIN: 08320066
P
Ponnachanda Muthappa Diveen
Director | Since 2022-10-27 | DIN: 09770323

Financial Performance of Satwic Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2017
Revenue ₹1–5 Cr
P&L ₹50 Lakh–1 Cr
EBITDA ₹50 Lakh–1 Cr
Net worth ₹1–5 Cr

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Financial Ratios of Satwic Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

1 year of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Satwic Ownership and contribution detail from filings. Full breakdown unlocks with your report.

2 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Satwic EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Satwic GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Satwic MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Satwic Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Satwic Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Satwic?
MCA does not publish an "owner" field. Satwic is run by its directors, Sadashiva Sharada Naik Jagannatha and Ponnachanda Muthappa Diveen. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Satwic?
Satwic has two current directors: Sadashiva Sharada Naik Jagannatha (since April 2019) and Ponnachanda Muthappa Diveen (since October 2022).
What is CIN of Satwic?
The CIN of Satwic is U72200KA2006PTC040307. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, KA is Karnataka, 2006 is the year it was registered, PTC is the company type and 040307 is its registration number.
When was Satwic incorporated?
Satwic was incorporated on 28 August 2006 with ROC Bangalore. That makes it about 20 years old.
What is the registered address of Satwic?
The registered office on MCA records is 9/36, 2Nd Floor, Vaishnavi Sapphire Centre, Bangalore North, Karnataka - 560022.
What is the current status of Satwic?
MCA shows Satwic as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Satwic?
You can post to its registered office at 9/36, 2Nd Floor, Vaishnavi Sapphire Centre, Bangalore North, Karnataka - 560022 and use its website, https://satwic.com.
What industry or business activity is Satwic associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Satwic?
Paid-up capital is ₹1 lakh, a small fraction of its ₹1 crore authorised capital.
When did Satwic last file accounts and hold an AGM?
The last AGM on record was on 22 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Satwic?
MCA shows no charges registered against Satwic, so no assets are pledged for a registered secured loan.
Have any directors left Satwic?
Yes, two former directors are on record. The most recent to leave were Kamalesh Munoor (January 2019) and Aiyappa Cherumandanda Bheemaiah (April 2014).
What is the turnover or revenue of Satwic?
Based on filed financial statements, the revenue of Satwic for FY 2017 was in the ₹1–5 Cr range. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Satwic?
For FY 2017, the net worth of Satwic was in the ₹1–5 Cr range.
How can I get the financial details of Satwic?
The latest accounts on record are for FY 2017. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Satwic?
The website on record for Satwic is https://satwic.com.
Which company owns satwic.com?
satwic.com is the website listed for Satwic Software Solutions Private Limited in its company records.
Satwic - is it listed or unlisted?
Satwic is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Satwic?
Satwic is registered with ROC Bangalore.
What is the company classification of Satwic?
MCA classifies Satwic as: Private Limited Indian Non-Government Company.
Does Satwic have GST registrations on file?
Yes, one active GST registration is linked to Satwic.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.