Droplet Offshore Services Private Limited

Develops and implements software applications and web-based computing services.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Droplet Offshore Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Dec 2023
  • Revenue Growth 64.41%
  • Profit Growth 296.10%
  • Ebitda 146.54%
  • Net Worth 58.36%
  • Total Assets 53.65%

About Droplet Offshore Services

Droplet Offshore Services Private Limited (DOSPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 10 March 2016 (Eight years and ten months 25 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Puli Srinivas, Seth Zelnick, Sudhanshu Desai, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2016FTC086851

  • Company No.

    086851

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    10 Mar 2016

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Droplet Offshore Services?

Board Members (4)

Name Designation Appointment Date Status
Puli Srinivas Country flag representing In Director 27-Oct-2021 Current
Seth Zelnick Country flag representing Us Director 21-Aug-2023 Current
Sudhanshu Desai Country flag representing In Director 21-Feb-2024 Current
W Steinfort Country flag representing Us Director 25-Jun-2024 Current

Financial Performance of Droplet Offshore Services.

Droplet Offshore Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.41% increase. The company also saw a substantial improvement in profitability, with a 296.1% increase in profit. The company's net worth Soared by an impressive increase of 58.36%.

Graph illustrating revenue growth over time
Graph showing 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
64.41%
Revenue from Operations
64.57%
Total Assets
53.65%
Profit or Loss
296.10%
Net Worth
58.36%
EBITDA
146.54%

What is the Ownership and Shareholding Structure of Droplet Offshore Services?

In 2022, Droplet Offshore Services had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Droplet Offshore Services?

Droplet Offshore Services has a workforce of 110 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Droplet Offshore 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 Droplet Offshore 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 Droplet Offshore Services

Recent activity within the organization

  • Annual General Meeting

    Droplet Offshore Services Private Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

    13 Aug 2024

  • Director Appointment

    W Matthew Steinfort was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 7 months 10 days .

    25 Jun 2024

  • Director Appointment

    Sudhanshu Sunil Desai was appointed as a Director was appointed as a Director on 21 Feb 2024 & has been associated with this company since 11 months 13 days .

    21 Feb 2024

  • Balance Sheet

    Droplet Offshore Services Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Bangalore.

    31 Dec 2023

  • Director Appointment

    Seth Justin Zelnick was appointed as a Director was appointed as a Director on 21 Aug 2023 & has been associated with this company since 1 year 5 months .

    21 Aug 2023

  • Director Appointment

    Puli Rangaswamy Srinivas was appointed as a Director was appointed as a Director on 27 Oct 2021 & has been associated with this company since 3 years 3 months .

    27 Oct 2021

Frequently asked questions

  • Droplet Offshore Services Private Limited was incorporated on 10 Mar 2016.

  • The authorized share capital of Droplet Offshore Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Droplet Offshore Services Private Limited.

    • Puli Rangaswamy Srinivas
    • Seth Justin Zelnick
    • Sudhanshu Sunil Desai
    • W Matthew Steinfort
  • As per Ministry of Corporate Affairs (Mca), the registered address of Droplet Offshore Services Private Limited is 55 C-I Basement Floor S V Complex Kr Road, India, Bangalore South, Karnataka, 560004.

  • The corporate identification number (CIN) of Droplet Offshore Services Private Limited is U72200KA2016FTC086851 and the company number is 086851 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Droplet Offshore Services Private Limited has risen by 64.41%.

  • As Per 2023 financial reports, 110 employees are currently employed by Droplet Offshore Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Droplet Offshore Services Private Limited has experienced an upsurge of 58.36%.

  • The most recent Balance Sheet for Droplet Offshore Services Private Limited was filed with the ROC on 31 Dec 2023.

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