Buzzworks Business Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.20 M
- Company Age 18 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 18 years and ten months. 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 2023. 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.
Velandai Karthic, Ashish Pannalal, 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Buzzworks Business Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Velandai Karthic  | Managing Director | 30-Mar-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Pannalal | Director | 20-Aug-2010 | Current |
| Sheela Bharadwaj | Director | 28-Sep-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
East India Petroleum Private LimitedAshish Pannalal is a mutual person
Powai Power Private LimitedAshish Pannalal is a mutual person
- Image Securities Limited
Ashish Pannalal is a mutual person
Charges (Loans)
₹310.62 M
₹75.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 31.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2022 | Hdfc Bank Limited | ₹6.85 M | Open |
| 05 May 2021 | Hdfc Bank Limited | ₹1.62 M | Open |
| 07 Dec 2020 | Hdfc Bank Limited | ₹2.15 M | Open |
| 03 Oct 2018 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 28 Apr 2017 | Others | ₹5.50 Cr | Satisfied |
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.
Deals i
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
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
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.
