Simplify Workforce Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 0.40 M
as on 24-10-2024
- Company Age 8 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -31.28%
(FY 2023)
- Profit -22.92%
(FY 2023)
- Ebitda -57.04%
(FY 2023)
- Net Worth 6.73%
(FY 2023)
- Total Assets 5.67%
(FY 2023)
About Simplify Workforce Technologies
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 2.00 Cr and a paid-up capital of Rs 0.40 M, as per Ministry of Corporate Affairs (MCA) records.
Ravi Kochhar and Sarita Kochhar serve as directors at the Company.
- CIN/LLPIN
U72900TG2016PTC112202
- Company No.
112202
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Sep 2016
- Date of AGM
22 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Simplify Workforce Technologies?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Kochhar  | Director | 28-Sep-2016 | Current |
| Sarita Kochhar | Director | 12-Mar-2024 | Current |
Financial Performance of Simplify Workforce Technologies.
Simplify Workforce Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.28% decrease. The company also saw a substantial fall in profitability, with a 22.92% decrease in profit. The company's net worth moved up by a moderate rise of 6.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Simplify Workforce Technologies?
In 2023, Simplify Workforce Technologies had a promoter holding of 99.98% and a public holding of 0.02%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Workspend India Private LimitedActive 3 years 4 monthsRavi Kochhar and Sarita Kochhar are mutual person
Simplify Workforce Private LimitedActive 3 years 8 monthsRavi Kochhar and Sarita Kochhar are mutual person
Us Tech Solutions Private LimitedActive 18 years 4 monthsRavi Kochhar and Sarita Kochhar are mutual person
Cavalier It Solutions Private LimitedActive 10 years 11 monthsRavi Kochhar and Sarita Kochhar are mutual person
T4h Outsourcing Services Private LimitedActive 2 years 7 monthsRavi Kochhar and Sarita Kochhar are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Simplify Workforce Technologies?
Simplify Workforce Technologies has a workforce of 71 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Simplify Workforce Technologies, 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 Technologies's trajectory.
Rating
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
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.
