Ocwen Financial Solutions Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
- Paid Up Capital ₹ 2.14 Cr
- Company Age 24 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 6.20 Cr
- Revenue Growth 5.01%
- Profit Growth 24.42%
- Ebitda 2.72%
- Net Worth -2.53%
- Total Assets 0.72%
About Ocwen Financial Solutions
Ocwen Financial Solutions Private Limited (OFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 2000 and has a history of 24 years and eight months. 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 85.00 Cr and a paid-up capital of Rs 2.14 Cr.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹6.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ocwen Financial Solutions Private Limited India is Pragya Khetan as COMPANY SECRETARY. Sarukkai Ravi, Raghavendra Subbanna, and Joseph Samarias serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U67190KA2000PTC027095
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Company No.
027095
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 May 2000
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Date of AGM
12 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Ocwen Financial Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pragya Khetan | Company Secretary | 22-Mar-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghavendra Subbanna
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Whole-Time Director | 03-Sep-2019 | Current |
Joseph Samarias
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Director | 23-May-2019 | Current |
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Sarukkai Ravi
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Director | 11-May-2012 | Current |
Financial Performance of Ocwen Financial Solutions.
Ocwen Financial Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.01% increase. The company also saw a substantial improvement in profitability, with a 24.42% increase in profit. The company's net worth dipped by a decrease of 2.53%.
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What is the Ownership and Shareholding Structure of Ocwen Financial Solutions?
In 2022, Ocwen Financial Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹2.00 Cr
₹6.20 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2017 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.00 Cr | Open |
| 16 Aug 2016 | Others | ₹6.20 Cr | Satisfied |
How Many Employees Work at Ocwen Financial Solutions?
Ocwen Financial Solutions has a workforce of 3077 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ocwen Financial Solutions, 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 Ocwen Financial Solutions'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.
