Buzzworks Business Services Private Limited

IT solutions provider for corporate telesales and services such as payroll management and staffing.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Buzzworks Business Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 19 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.06 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth 21.65%
  • Profit Growth 3.59%
  • Ebitda -0.89%
  • Net Worth 14.13%
  • Total Assets 6.78%

About Buzzworks Business Services

Buzzworks Business Services Private Limited (BBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 2006 and has a history of 19 years. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹31.06 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Pannalal, Velandai Karthic, and Sheela Bharadwaj serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2006PTC059363

  • Company No.

    059363

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

What products or services does Buzzworks Business Services Private Limited offer?

Buzzworks Business Services Private Limited offers a wide range of products and services, including HR Management Software, HRMS Software Service, Job Consultation Service, Recruitment Service, Computer and Mobile Softwares & Apps, Call Software.

Company report

Buzzworks Business Services Private Limited

Explore comprehensive data for Buzzworks Business Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Buzzworks Business Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Velandai Karthic Country flag representing In Managing Director30-Mar-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Ashish Pannalal Country flag representing In Director 20-Aug-2010Current
Sheela Bharadwaj Country flag representing In Director 28-Sep-2011Current

Financial Performance of Buzzworks Business Services.

Buzzworks Business Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.65% increase. The company also saw a slight improvement in profitability, with a 3.59% increase in profit. The company's net worth Soared by an impressive increase of 14.13%.

Buzzworks Business Services revenue growth over time
Buzzworks Business Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.65%
Revenue from Operations
21.69%
Total Assets
6.78%
Profit or Loss
3.59%
Net Worth
14.13%
EBITDA
-0.89%

What is the Ownership and Shareholding Structure of Buzzworks Business Services?

In 2022, Buzzworks Business Services had a promoter holding of 92.70% and a public holding of 7.30%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹310.62 M

Satisfied Charges

₹75.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 31.06 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2022Hdfc Bank Limited₹6.85 MOpen
05 May 2021Hdfc Bank Limited₹1.62 MOpen
07 Dec 2020Hdfc Bank Limited₹2.15 MOpen
03 Oct 2018Hdfc Bank Limited₹30.00 CrOpen
28 Apr 2017Others₹5.50 CrSatisfied

How Many Employees Work at Buzzworks Business Services?

Buzzworks Business Services has a workforce of 9237 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Buzzworks Business Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Buzzworks Business Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Buzzworks Business Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Buzzworks Business Services

Recent activity within the organization

  • Annual General Meeting

    Buzzworks Business Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Buzzworks Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.85 M with Charge ID 100661180 was registered on 23 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 300.00 M registered on 03 Oct 2018 with Charge ID 100208899 was modified on 11 Aug 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.62 M with Charge ID 100452099 was registered on 05 May 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.15 M with Charge ID 100424153 was registered on 07 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Buzzworks Business Services Private Limited?

    Buzzworks Business Services Private Limited was incorporated on 30 Mar 2006.

  • What is authorized share capital and paid-up capital of Buzzworks Business Services Private Limited?

    The authorized share capital of Buzzworks Business Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Buzzworks Business Services Private Limited?

    Currently 3 directors are associated with Buzzworks Business Services Private Limited.

    • Ashish Nanda Pannalal
    • Velandai Chandrasekharan Karthic
    • Sheela Karthic Bharadwaj

  • What is the registered address of Buzzworks Business Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Buzzworks Business Services Private Limited is 3Rd Floor Of Murugesa Naicker Building Door No.84 Thousand Lights, Greams Road India, Chennai, Tamil Nadu, 600006.

  • What is the corporate identification number (CIN) and company number of Buzzworks Business Services Private Limited?

    The corporate identification number (CIN) of Buzzworks Business Services Private Limited is U74999TN2006PTC059363 and the company number is 059363 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Buzzworks Business Services Private Limited?

    The Official website of Buzzworks Business Services Private Limited is https://www.buzzworks.com

  • What has been the recent revenue trend for Buzzworks Business Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Buzzworks Business Services Private Limited has risen by 21.65%.

  • How many employees does Buzzworks Business Services Private Limited currently have?

    As Per 2023 financial reports, 9237 employees are currently employed by Buzzworks Business Services Private Limited.

  • What change has been observed in the net worth of Buzzworks Business Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Buzzworks Business Services Private Limited has experienced an upsurge of 14.13%.

  • What are the total open charges for Buzzworks Business Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Buzzworks Business Services Private Limited amount to ₹ 31.06 Cr.

  • When was the last Balance Sheet of Buzzworks Business Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Buzzworks Business Services Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on HR Outsourcing & Talent Management