Simform Solutions Private Limited - Due diligence report

A 360° intelligence report on Simform: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

1988-10-11 Ahmedabad, Gujarat Active Unlisted Active Compliant
Share
SS Simform Solutions Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Simform — 360° Intelligence Report

Generated from MCA filings & public records
79/100
Trust Score
Low Risk

Simform is assessed as Low Risk with a Trust Score of 79/100. Simform is an active private limited indian non-government company incorporated in 1988, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Simform Solutions Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
79/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 1 satisfied (3.84 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Compliance Score: 78/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 2 auditor resignation(s) filed - latest: CA RAJJ & CO on 2019-06-17.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
Laxit Maganbhai Lakkad 01234567 Director 01/04/2018 6 yrs Approved
MANSUKHLAL THOBHANBHAI KASUNDRA 01234567 Director 01/04/2018 6 yrs Approved
HIREN RAMESHBHAI DHADUK 01234567 Director 01/04/2018 6 yrs Approved
PRAYAAG MANSUKHBHAI KASUNDRA 01234567 Director 01/04/2018 6 yrs Approved
HARDIKKUMAR SUNILBHAI SHAH 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 7 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Simform Usa Llc Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 65
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 37+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
2 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment81/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view62/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
16 Jan 2025
Director ceased
MAITRIK VIRABHAI KATARIA
30 Sep 2024
Last AGM held
Annual general meeting
29 Sep 2024
Director ceased
Laxit Maganbhai Lakkad
01 May 2024
Director appointed
Laxit Maganbhai Lakkad (Director)
31 Mar 2024
Latest balance sheet
Filed with ROC
18 Aug 2022
Director ceased
HIRALBEN MAITRIK KATARIA
02 Aug 2022
Charge satisfied
Others
30 Sep 2019
Director ceased
HIREN RAMESHBHAI DHADUK
05 Dec 2018
Director appointed
HIREN RAMESHBHAI DHADUK (Director)
12 Oct 2018
Charge created
Others - 3.84 cr
31 Mar 2018
Share transfer (FY 2018)
700.00000000 shares to hiren rameshbhai dhaduk
31 Mar 2017
Share transfer (FY 2017)
611.00000000 shares to Kanaiyalal Tejasbhai
Share transfer (FY 2017)
700.00000000 shares to Manjibhai Miteshbhai
Share transfer (FY 2017)
105.00000000 shares to Kanaiyalal Tejasbhai
Share transfer (FY 2017)
3400.00000000 shares to Kanaiyalal Tejasbhai
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
2 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Innvectra Info Solutions Private Limited U72300AP2007PTC055001 Hyderabad, Andhra Pradesh, India
Vcomply U93090WB2019FTC232252 Kolkata, West Bengal, India
Nicox It Solutions Private Limited U72200UP2014PTC124862 Noida, Uttar Pradesh, India
Agiliq Info Solutions India U72900TG2009PTC063090 Hyderabad, Telangana, India
Soniks Consulting U72200TG2014PTC094627 Serilingampally, Telangana, India
Ramraj Technology Solutions Private Limited U72200MP2009PTC022331 Bhopal, Madhya Pradesh, India
Viyal Technologies Private Limited U72900TN2020PTC135538 Chennai, Tamil Nadu, India
Asm Engineering Technologies Private Limited U74999KA2016PTC093667 Bengaluru, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Simform before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Simform: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Simform - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 79/100, distress signals and MSME payment-delay disclosures - know whether Simform pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Simform - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Simform an active company?

Simform has MCA status “Active” with a compliance score of 78/100 (Low Risk).

Is Simform financially healthy?

Simform has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Simform?

Its overall Trust Score is 79/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Simform?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 5 active director(s) are on record.

Does Simform have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Simform up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 78/100 (Low Risk).

Is it risky to lend to Simform?

Its Credit Risk Score is 90/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.