Instawork Services India Private Limited

Software development and customization for parent company, established in 2017 in Bengaluru.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Instawork Services India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 69.35%
  • Profit Growth 72.61%
  • Ebitda 70.05%
  • Net Worth 85.09%
  • Total Assets 67.74%

About Instawork Services India

Instawork Services India Private Limited (ISIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 2017 (Seven years and eight months 4 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 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 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Reshav Singla, Sumir Meghani, and Vaibhav Pandey serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2017PTC103413

  • Company No.

    103413

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Instawork Services India?

Board Members (3)

Name Designation Appointment Date Status
Reshav Singla Country flag representing In Director 02-Sep-2020 Current
Sumir Meghani Country flag representing Us Director 10-Aug-2017 Current
Vaibhav Pandey Country flag representing In Director 29-Jun-2023 Current

Financial Performance of Instawork Services India.

Instawork Services India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.35% increase. The company also saw a substantial improvement in profitability, with a 72.61% increase in profit. The company's net worth Soared by an impressive increase of 85.09%.

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
69.35%
Revenue from Operations
68.98%
Total Assets
67.74%
Profit or Loss
72.61%
Net Worth
85.09%
EBITDA
70.05%

What is the Ownership and Shareholding Structure of Instawork Services India?

In 2023, Instawork Services India had a promoter holding of 100.00%. 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 Instawork Services India?

Instawork Services India has a workforce of 120 employees as of Apr 07, 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 Instawork Services India, 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 Instawork Services India'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 Instawork Services India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Instawork Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vaibhav Pandey was appointed as a Director was appointed as a Director on 29 Jun 2023 & has been associated with this company since 1 year 7 months .

    29 Jun 2023

  • Director Appointment

    Reshav Singla was appointed as a Director was appointed as a Director on 02 Sep 2020 & has been associated with this company since 4 years 5 months .

    02 Sep 2020

  • Director Appointment

    Sumir A Meghani was appointed as a Director was appointed as a Director on 10 Aug 2017 & has been associated with this company since 7 years 5 months .

    10 Aug 2017

  • Company Incorporation

    Instawork Services India Private Limited was registered on 29 May 2017 with Roc Bangalore & aged 7 years 8 months as per MCA records.

    29 May 2017

Frequently asked questions

  • Instawork Services India Private Limited was incorporated on 29 May 2017.

  • The authorized share capital of Instawork Services India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Instawork Services India Private Limited.

    • Reshav Singla
    • Sumir A Meghani
    • Vaibhav Pandey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Instawork Services India Private Limited is Obeya Treepark Kabra Excelsior 6/A 3Rd Floor Rear Wing, 80 Feet Road India, Bangalore South, Karnataka, 560034.

  • The corporate identification number (CIN) of Instawork Services India Private Limited is U72900KA2017PTC103413 and the company number is 103413 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Instawork Services India Private Limited is https://www.instawork.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Instawork Services India Private Limited has risen by 69.35%.

  • As Per 2023 financial reports, 120 employees are currently employed by Instawork Services India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Instawork Services India Private Limited has experienced an upsurge of 85.09%.

  • The most recent Balance Sheet for Instawork Services India Private Limited was filed with the ROC on 31 Mar 2024.

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