Outworks Solutions Private Limited

This company offers software development, IT services, and marketing services in partnership with top technology companies.

2003 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: October 23, 2024

Outworks Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.61 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 8.21%
  • Profit Growth -55.93%
  • Ebitda -41.19%
  • Net Worth 10.14%
  • Total Assets -0.27%

About Outworks Solutions

Outworks Solutions Private Limited (OSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2003 and has a history of 21 years and five months. Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹12.61 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Jain, Sushila Jain, Mansi Jain, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200UP2003PTC046783

  • Company No.

    046783

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Business Outsourcing
Information Technology

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

Board Members (4)

Name Designation Appointment Date Status
Rajiv Jain Country flag representing In Director 12-Aug-2003 Current
Sushila Jain Country flag representing In Director 29-Jun-2007 Current
Mansi Jain Country flag representing In Director 01-Jul-2020 Current
Sorabh Jain Country flag representing In Director Current

Financial Performance of Outworks Solutions.

Outworks Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.21% increase. The company also saw a substantial fall in profitability, with a 55.93% decrease in profit. The company's net worth Soared by an impressive increase of 10.14%.

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
8.21%
Revenue from Operations
9.13%
Total Assets
-0.27%
Profit or Loss
-55.93%
Net Worth
10.14%
EBITDA
-41.19%

What is the Ownership and Shareholding Structure of Outworks Solutions?

In 2023, Outworks 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹126.10 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 12.61 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2024 Axis Bank Limited ₹10.46 Cr Open
27 Dec 2017 Axis Bank Limited ₹2.15 Cr Open
11 Apr 2008 Hdfc Bank Limited ₹2.00 Cr Satisfied

How Many Employees Work at Outworks Solutions?

Outworks Solutions has a workforce of 1289 employees as of Apr 08, 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 Outworks 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 Outworks 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 Outworks Solutions

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 104.60 M registered on 13 Mar 2024 with Charge ID 100892950 was modified on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 104.60 M with Charge ID 100892950 was registered on 13 Mar 2024.

    13 Mar 2024

  • Charges

    A charge registered on 11 Apr 2008 via Charge ID 10109618 with Hdfc Bank Limited was fully satisfied on 06 Mar 2024.

    06 Mar 2024

  • Annual General Meeting

    Outworks Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Outworks Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 M registered on 11 Apr 2008 with Charge ID 10109618 was modified on 12 Jul 2022.

    12 Jul 2022

Frequently asked questions

  • Outworks Solutions Private Limited was incorporated on 12 Aug 2003.

  • The authorized share capital of Outworks Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Outworks Solutions Private Limited.

    • Rajiv Jain
    • Sushila Jain
    • Mansi Jain
    • Sorabh Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Outworks Solutions Private Limited is H-195 Sector - 63, India, Noida, Uttar Pradesh, 201301.

  • The corporate identification number (CIN) of Outworks Solutions Private Limited is U72200UP2003PTC046783 and the company number is 046783 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Outworks Solutions Private Limited is https://www.outworkssolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Outworks Solutions Private Limited has risen by 8.21%.

  • As Per 2023 financial reports, 1289 employees are currently employed by Outworks Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Outworks Solutions Private Limited has experienced an upsurge of 10.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Outworks Solutions Private Limited amount to ₹ 12.61 Cr.

  • The most recent Balance Sheet for Outworks Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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