Ondace Solutions Private Limited

IT and ITES company providing technology and services.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: December 10, 2024

Ondace Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 56.94%
  • Profit Growth -93.27%
  • Ebitda -76.29%
  • Net Worth 5.44%
  • Total Assets 136.00%

About Ondace Solutions

Ondace Solutions Private Limited (OSPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 March 2020 (Four years and 11 months 16 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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Chandrakanth Patil, Nabil Moidummy, and Shashidhar Gowder serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ondace.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2020PTC133281

  • Company No.

    133281

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 2020

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Ondace Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Chandrakanth Patil Country flag representing In Director 01-Nov-2022Current
Nabil Moidummy Country flag representing In Director 11-Mar-2020Current
Shashidhar Gowder Country flag representing In Director 11-Mar-2020Current

Financial Performance of Ondace Solutions.

Ondace Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.94% increase. The company also saw a substantial fall in profitability, with a 93.27% decrease in profit. The company's net worth moved up by a moderate rise of 5.44%.

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
56.94%
Revenue from Operations
54.30%
Total Assets
136.00%
Profit or Loss
-93.27%
Net Worth
5.44%
EBITDA
-76.29%

What is the Ownership and Shareholding Structure of Ondace Solutions?

In 2022, Ondace Solutions had a promoter holding of 83.33% and a public holding of 16.67%. 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 Ondace Solutions?

Unlock and access historical data on people associated with Ondace Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ondace 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 Ondace Solutions'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 Ondace Solutions

Recent activity within the organization

  • Director Appointment

    Chandrakanth Patil was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Annual General Meeting

    Ondace Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ondace Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Nabil Moidummy was appointed as a Director was appointed as a Director on 11 Mar 2020 & has been associated with this company since 4 years 11 months .

    11 Mar 2020

  • Director Appointment

    Shashidhar Shekharappa Gowder was appointed as a Director was appointed as a Director on 11 Mar 2020 & has been associated with this company since 4 years 11 months .

    11 Mar 2020

  • Company Incorporation

    Ondace Solutions Private Limited was registered on 11 Mar 2020 with Roc Bangalore & aged 4 years 11 months as per MCA records.

    11 Mar 2020

Frequently asked questions

  • Ondace Solutions Private Limited was incorporated on 11 Mar 2020.

  • The authorized share capital of Ondace Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Ondace Solutions Private Limited.

    • Chandrakanth Patil
    • Nabil Moidummy
    • Shashidhar Shekharappa Gowder
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ondace Solutions Private Limited is T-6, 22/33 Gurupriya Vinyas 3Rd Main Hanumagiri Layout Chikkalasandra India, Bangalore, Karnataka, 560061.

  • The corporate identification number (CIN) of Ondace Solutions Private Limited is U74999KA2020PTC133281 and the company number is 133281 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ondace Solutions Private Limited is https://www.ondace.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ondace Solutions Private Limited has risen by 56.94%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ondace Solutions Private Limited has experienced an upsurge of 5.44%.

  • The most recent Balance Sheet for Ondace Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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