Reach Process Outsourcing Private Limited

Online accounting software for retailers, service providers, and online businesses. Also offers recruitment and training services.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 25, 2024

Reach Process Outsourcing Profile

Key Indicators

  • Authorised Capital ₹ 0.98 M
  • Paid Up Capital ₹ 0.94 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.76 M
  • Revenue Growth -19.75%
  • Profit Growth -112.87%
  • Ebitda -84.17%
  • Net Worth -0.35%
  • Total Assets -12.16%

About Reach Process Outsourcing

Reach Process Outsourcing Private Limited (RPOPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 October 2005 and has a history of 19 years and four months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.98 M and a paid-up capital of Rs 0.94 M.

The company currently has active open charges totaling ₹2.76 M.

Dorathi Prema, Robin Nisha, Rajan Anandan, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74910TN2005PTC057888

  • Company No.

    057888

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Reach Process Outsourcing Private Limited offer?

Reach Process Outsourcing Private Limited offers a wide range of products and services, including Tax Consultancy Service, Taxation Consultant.

Who are the key members and board of directors at Reach Process Outsourcing?

Executive Team (1)

NameDesignationAppointment DateStatus
Robin Raj Country flag representing In Managing Director05-Mar-2013Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajan Anandan Country flag representing Lk Nominee Director 13-Aug-2011Current
Dorathi Prema Country flag representing In Director 21-Oct-2005Current
Robin Nisha Country flag representing In Director 21-Oct-2005Current

Financial Performance of Reach Process Outsourcing.

Reach Process Outsourcing Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.75% decrease. The company also saw a substantial fall in profitability, with a 112.87% decrease in profit. The company's net worth dipped by a decrease of 0.35%.

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
-19.75%
Revenue from Operations
-19.75%
Total Assets
-12.16%
Profit or Loss
-112.87%
Net Worth
-0.35%
EBITDA
-84.17%

What is the Ownership and Shareholding Structure of Reach Process Outsourcing?

In 2023, Reach Process Outsourcing had a promoter holding of 74.97% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.76 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 0.20 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2020Hdfc Bank Limited₹0.76 MOpen
25 Jul 2008Tamilnad Mercantile Bank Limited₹2.00 MOpen

How Many Employees Work at Reach Process Outsourcing?

Reach Process Outsourcing has a workforce of 0 employees as of Apr 02, 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 Reach Process Outsourcing, 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 Reach Process Outsourcing'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 Reach Process Outsourcing

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 2.00 M registered on 25 Jul 2008 with Charge ID 10162692 was modified on 08 Sep 2023.

    08 Sep 2023

  • Balance Sheet

    Reach Process Outsourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.76 M with Charge ID 100414955 was registered on 10 Nov 2020.

    10 Nov 2020

  • Director Appointment

    Robin Moses Raj G Robin Moses Raj was appointed as a Managing Director was appointed as a Managing Director on 05 Mar 2013 & has been associated with this company since 11 years 11 months .

    05 Mar 2013

  • Director Appointment

    Rajan Jei Anandan was appointed as a Nominee Director was appointed as a Nominee Director on 13 Aug 2011 & has been associated with this company since 13 years 6 months .

    13 Aug 2011

Frequently asked questions

  • Reach Process Outsourcing Private Limited was incorporated on 21 Oct 2005.

  • The authorized share capital of Reach Process Outsourcing Private Limited is ₹ 0.98 M and paid-up capital is ₹ 0.94 M.

  • Currently 4 directors are associated with Reach Process Outsourcing Private Limited.

    • Dorathi Prema
    • Robin Moses Raj Packia Nisha
    • Rajan Jei Anandan
    • Robin Moses Raj G Robin Moses Raj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reach Process Outsourcing Private Limited is One Indiabulls Park 6Th Floor Tower B No.14 3Rd Main Road Ambattur, Chennai, Tamil Nadu, 600058.

  • The corporate identification number (CIN) of Reach Process Outsourcing Private Limited is U74910TN2005PTC057888 and the company number is 057888 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reach Process Outsourcing Private Limited is https://www.reachaccountant.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reach Process Outsourcing Private Limited has fallen by -19.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reach Process Outsourcing Private Limited has experienced an downturn of -0.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reach Process Outsourcing Private Limited amount to ₹ 2.76 M.

  • The most recent Balance Sheet for Reach Process Outsourcing Private Limited was filed with the ROC on 31 Mar 2023.

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