Searce Cosourcing Service Private Limited

IT consulting and system integration for enterprise networking, security, cloud computing, and more.

2004 | Rajkot, Gujarat (India) | Active
Last Updated:

Searce Cosourcing Service Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.94 Cr
  • Revenue Growth 84.26%
  • Profit Growth 180.51%
  • Ebitda -350.43%
  • Net Worth 26.71%
  • Total Assets 60.14%

About Searce Cosourcing Service

Searce Cosourcing Service Private Limited (SCSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 2004 and has a history of 20 years and ten months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Searce Cosourcing Services Private Limited. 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹10.94 Cr.

Pradeep Pavithran, Amee Parekh, Abhishek Jhagarawat, and Two other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2004PTC044322

  • Company No.

    044322

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2004

  • Date of AGM

    31 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology
Company report

Searce Cosourcing Service Private Limited

Explore comprehensive data for Searce Cosourcing Service Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Searce Cosourcing Service?

Board Members (5)

NameDesignationAppointment DateStatus
Hardik Parekh Country flag representing In Director 19-Jun-2004Current
Abhishek Jhagarawat Country flag representing In Director 20-Jun-2019Current
Pradeep Pavithran Country flag representing In Director 01-Aug-2012Current
Amee Parekh Country flag representing In Director 27-Jul-2022Current
Ami Parekh Country flag representing In Director 20-Jun-2019Current

Financial Performance of Searce Cosourcing Service.

Searce Cosourcing Service Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 84.26% increase. The company also saw a substantial improvement in profitability, with a 180.51% increase in profit. The company's net worth Soared by an impressive increase of 26.71%.

Searce Cosourcing Service revenue growth over time
Searce Cosourcing Service 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
84.26%
Revenue from Operations
62.84%
Total Assets
60.14%
Profit or Loss
180.51%
Net Worth
26.71%
EBITDA
-350.43%

What is the Ownership and Shareholding Structure of Searce Cosourcing Service?

In 2022, Searce Cosourcing Service had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.94 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 6.04 Cr
  • Citibank N. A. : 4.90 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2013Citibank N. A.₹4.00 CrOpen
05 Aug 2011Citi Bank N.A.₹6.04 CrOpen
30 Jul 2009Citibank N. A.₹9.00 MOpen

How Many Employees Work at Searce Cosourcing Service?

Searce Cosourcing Service has a workforce of 731 employees as of Apr 01, 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.

Employee growth trends for Searce Cosourcing Service Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Searce Cosourcing Service, 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 Searce Cosourcing Service'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 Searce Cosourcing Service

Recent activity within the organization

  • Annual General Meeting

    Searce Cosourcing Service Private Limited last Annual general meeting of members was held on 31 Oct 2023 as per latest MCA records.

  • Balance Sheet

    Searce Cosourcing Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Amee Mahasukhlal Parekh was appointed as a Director was appointed as a Director on 27 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Abhishek Jhagarawat was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Director Appointment

    Ami Hardik Parekh was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 5 years 10 months .

  • Charges

    A charge with Citi Bank N.A. of Rs. 6.04 Cr registered on 05 Aug 2011 with Charge ID 10307299 was modified on 03 May 2019.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Searce Cosourcing Service Private Limited?

    Searce Cosourcing Service Private Limited was incorporated on 18 Jun 2004.

  • What is authorized share capital and paid-up capital of Searce Cosourcing Service Private Limited?

    The authorized share capital of Searce Cosourcing Service Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Searce Cosourcing Service Private Limited?

    Currently 5 directors are associated with Searce Cosourcing Service Private Limited.

    • Pradeep Pavithran
    • Amee Mahasukhlal Parekh
    • Abhishek Jhagarawat
    • Ami Hardik Parekh
    • Hardik Mahasukhlal Parekh

  • What is the registered address of Searce Cosourcing Service Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Searce Cosourcing Service Private Limited is 31 Arham Subhash Road Moti Tanki, India, Rajkot, Gujarat, 360001.

  • What is the corporate identification number (CIN) and company number of Searce Cosourcing Service Private Limited?

    The corporate identification number (CIN) of Searce Cosourcing Service Private Limited is U72900GJ2004PTC044322 and the company number is 044322 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Searce Cosourcing Service Private Limited?

    The Official website of Searce Cosourcing Service Private Limited is https://www.searce.com

  • What has been the recent revenue trend for Searce Cosourcing Service Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Searce Cosourcing Service Private Limited has risen by 84.26%.

  • How many employees does Searce Cosourcing Service Private Limited currently have?

    As Per 2022 financial reports, 731 employees are currently employed by Searce Cosourcing Service Private Limited.

  • What change has been observed in the net worth of Searce Cosourcing Service Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Searce Cosourcing Service Private Limited has experienced an upsurge of 26.71%.

  • What are the total open charges for Searce Cosourcing Service Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Searce Cosourcing Service Private Limited amount to ₹ 10.94 Cr.

  • When was the last Balance Sheet of Searce Cosourcing Service Private Limited filed with the ROC?

    The most recent Balance Sheet for Searce Cosourcing Service Private Limited was filed with the ROC on 31 Mar 2023.

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