Ocwen Financial Solutions Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
- Paid Up Capital ₹ 2.14 Cr
- Company Age 24 Year, 9 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 nine 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190KA2000PTC027095
- Company No.
027095
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 May 2000
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Business Outsourcing
Ocwen Financial Solutions Private Limited
Explore comprehensive data for Ocwen Financial Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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  | Whole-Time Director | 03-Sep-2019 | Current |
Joseph Samarias  | Director | 23-May-2019 | Current |
| Sarukkai Ravi | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹2.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Ocwen Financial Solutions
Recent activity within the organization
- Annual General Meeting
Ocwen Financial Solutions Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
- Balance Sheet
Ocwen Financial Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 2.00 Cr registered on 27 Jul 2017 with Charge ID 100115575 was modified on 11 Jul 2022.
- Director Appointment
Raghavendra Chinhalli Subbanna was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Sep 2019 & has been associated with this company since 5 years 6 months .
- Director Appointment
Joseph James Samarias was appointed as a Director was appointed as a Director on 23 May 2019 & has been associated with this company since 5 years 9 months .
- Director Appointment
Pragya Khetan was appointed as a Company Secretary was appointed as a Company Secretary on 22 Mar 2018 & has been associated with this company since 6 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Ocwen Financial Solutions Private Limited?
Ocwen Financial Solutions Private Limited was incorporated on 17 May 2000.
What is authorized share capital and paid-up capital of Ocwen Financial Solutions Private Limited?
The authorized share capital of Ocwen Financial Solutions Private Limited is ₹ 85.00 Cr and paid-up capital is ₹ 2.14 Cr.
Who are the current board members & directors of Ocwen Financial Solutions Private Limited?
Currently 4 directors are associated with Ocwen Financial Solutions Private Limited.
- Sarukkai Parthasarathy Ravi
- Raghavendra Chinhalli Subbanna
- Joseph James Samarias
- Pragya Khetan
What is the registered address of Ocwen Financial Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ocwen Financial Solutions Private Limited is Unit 501 5Th Floor Southblock Vaishnavi Techpark Ambalipura Village Varthur Hobli Sarjap Ur Road, India, Bengaluru, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Ocwen Financial Solutions Private Limited?
The corporate identification number (CIN) of Ocwen Financial Solutions Private Limited is U67190KA2000PTC027095 and the company number is 027095 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ocwen Financial Solutions Private Limited?
The Official website of Ocwen Financial Solutions Private Limited is https://www.ocwen.com
What has been the recent revenue trend for Ocwen Financial Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ocwen Financial Solutions Private Limited has risen by 5.01%.
How many employees does Ocwen Financial Solutions Private Limited currently have?
As Per 2023 financial reports, 3077 employees are currently employed by Ocwen Financial Solutions Private Limited.
What change has been observed in the net worth of Ocwen Financial Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ocwen Financial Solutions Private Limited has experienced an downturn of -2.53%.
What are the total open charges for Ocwen Financial Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ocwen Financial Solutions Private Limited amount to ₹ 2.00 Cr.
When was the last Balance Sheet of Ocwen Financial Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Ocwen Financial Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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