Simplify Workforce Private Limited

Provides IT consulting services, incorporated in 2021, based in Hyderabad.

2021 | Hyderabad, Telangana (India) | Active
Last Updated: December 22, 2024

Simplify Workforce Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 79.29%
  • Profit Growth 15.72%
  • Ebitda 24.78%
  • Net Worth 65.42%
  • Total Assets 86.51%

About Simplify Workforce

Simplify Workforce Private Limited (SWPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2021 (Three years and nine months 16 days old ). Its registered office is in Hyderabad, Telangana, 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 3.50 Cr and a paid-up capital of Rs 3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Kochhar and Sarita Kochhar serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    simplifyvms.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2021PTC151294

  • Company No.

    151294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2021

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Simplify Workforce?

Board Members (2)

NameDesignationAppointment DateStatus
Ravi Kochhar Country flag representing In Director 11-May-2021Current
Sarita Kochhar Country flag representing In Director 07-Mar-2024Current

Financial Performance of Simplify Workforce.

Simplify Workforce Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.29% increase. The company also saw a substantial improvement in profitability, with a 15.72% increase in profit. The company's net worth Soared by an impressive increase of 65.42%.

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
79.29%
Revenue from Operations
78.16%
Total Assets
86.51%
Profit or Loss
15.72%
Net Worth
65.42%
EBITDA
24.78%

What is the Ownership and Shareholding Structure of Simplify Workforce?

In 2023, Simplify Workforce 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Simplify Workforce?

Simplify Workforce has a workforce of 315 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Simplify Workforce, 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 Simplify Workforce'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 Simplify Workforce

Recent activity within the organization

  • Annual General Meeting

    Simplify Workforce Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Simplify Workforce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Sarita Kochhar was appointed as a Director was appointed as a Director on 07 Mar 2024 & has been associated with this company since 11 months 20 days .

    07 Mar 2024

  • Director Appointment

    Ravi Kumar Kochhar was appointed as a Director was appointed as a Director on 11 May 2021 & has been associated with this company since 3 years 9 months .

    11 May 2021

  • Company Incorporation

    Simplify Workforce Private Limited was registered on 11 May 2021 with Roc Hyderabad & aged 3 years 9 months as per MCA records.

    11 May 2021

Frequently asked questions

  • Simplify Workforce Private Limited was incorporated on 11 May 2021.

  • The authorized share capital of Simplify Workforce Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 2 directors are associated with Simplify Workforce Private Limited.

    • Ravi Kumar Kochhar
    • Sarita Kochhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplify Workforce Private Limited is Awfis N Heights 4Th Floor, Hitech City India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Simplify Workforce Private Limited is U72200TG2021PTC151294 and the company number is 151294 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplify Workforce Private Limited is https://www.simplifyvms.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplify Workforce Private Limited has risen by 79.29%.

  • As Per 2023 financial reports, 315 employees are currently employed by Simplify Workforce Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplify Workforce Private Limited has experienced an upsurge of 65.42%.

  • The most recent Balance Sheet for Simplify Workforce Private Limited was filed with the ROC on 31 Mar 2024.

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