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Coworks Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹32.97 Lakh
▲ 84% YoY
Net loss · FY 2024
₹25.27 Lakh
Net margin -76.6%
EBITDA · FY 2024
-₹24.5 Lakh
EBITDA margin -74.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
12
Provident fund records
Directors on board
3
As per MCA filings
About Coworks Solutions Private Limited
Data last updated:
Coworks Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC140831. Its GSTIN is 29AAJCC1057F1ZQ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Meetu Sehgal and Prashanth Shankar Narayan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.6 Subbaram Chetty Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.97 Lakh, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹25.27 Lakh (net margin -76.6%) and EBITDA of -₹24.5 Lakh (EBITDA margin -74.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company has about 12 employees on its provident fund (EPFO) records.
The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in February 2022. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 4 smaller; the largest is Tech Green IT Solutions Private Limited with revenue of ₹33 Lakh. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 45 overdue payments to 4 micro and small suppliers.
Coworks Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0088940). For more details, the company can be reached via its website coworkssolutions.com.
Company details
CIN U72900KA2020PTC140831
Registration Number 140831
Incorporation Date 09 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0088940
Recognitions & Rankings of Coworks Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0088940
Contact details
Coworks Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is coworkssolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.6 Subbaram Chetty Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Coworks Solutions Private Limited, buy the company report.
Comprehensive company report
Coworks Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Coworks Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Coworks Solutions Private Limited, buy the company report.
Financials of Coworks Solutions Private Limited
FY 2025 filings availableCoworks Solutions Private Limited reported revenue of ₹32.97 Lakh (up 84% YoY) for FY 2024.
Revenue · FY 2024
₹32.97 Lakh ▲ 84%
Net loss · FY 2024
₹25.27 Lakh margin -76.6%
EBITDA · FY 2024
-₹24.5 Lakh margin -74.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 84%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 98%
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 84% growth in the latest year. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹24.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.27 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -74.3% | |||
| Net Profit Margin | -76.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Coworks Solutions Private Limited, buy the company report.
Board of directors of Coworks Solutions Private Limited
Coworks Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meetu Sehgal | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Prashanth Shankar Narayan | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Chinnappa Aravind | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Coworks Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tech Green IT Solutions Private Limited | ₹33 Lakh (FY 2025) | 66.0% | Gurugram, Haryana, India | |||
| Springbok Enterprises Private Limited | ₹32.98 Lakh (FY 2022) | 53.0% | Hyderabad, Telangana, India | |||
| Blackmaze Technologies Private Limited | ₹32.98 Lakh (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Expert Software Systems Private Limited | ₹32.97 Lakh (FY 2025) | -59.0% | Chennai, Tamil Nadu, India | |||
| Vega Information Systems Private Limited | ₹32.97 Lakh (FY 2025) | 45.0% | Ernakulam, Kerala, India | |||
| Coworks Solutions Private Limitedthis company | ₹32.97 Lakh (FY 2024) | -₹25.27 Lakh | -76.6% | 84.0% | 12 | Bangalore, Karnataka, India |
| Softtouch Technosys Private Limited | ₹32.95 Lakh (FY 2025) | -55.0% | Chinchwad, Pune, Maharashtra, India | |||
| Dba Productsolutions Private Limited | ₹32.95 Lakh (FY 2025) | 216.0% | Kasargod, Kerala, India | |||
| Sai Technology Private Limited | ₹32.95 Lakh (FY 2022) | 97.0% | Chennai, Tamil Nadu, India | |||
| Giggs IT Solutions Private Limited | ₹32.94 Lakh (FY 2015) | 239.0% | New Delhi, Delhi, India |
To see the full peer comparison of Coworks Solutions Private Limited, buy the company report.
Auditor
Coworks Solutions Private Limited is audited by CHANDAN HEGDE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDAN HEGDE AND ASSOCIATES | FY 2023 | 013013S |
Shareholding
The shareholding of Coworks Solutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Coworks Solutions Private Limited, buy the company report.
Deals & funding
Coworks Solutions Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in February 2022.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Manipal Universal Technology Business Incubator Seller: 3 individuals |
| Jan 2022 | Rights issue | ₹1 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Coworks Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Coworks Solutions Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 45 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chandan Hegde and Associates - Firm | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Coworks Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Coworks Solutions Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
9.09%
GST
Coworks Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC1057F1ZQ | Karnataka | Active | 30 Jan 2021 |
To see the full GST registrations and return filing status of Coworks Solutions Private Limited, buy the company report.
Recent activity
Coworks Solutions Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Chinnappa Aravind was appointed as Director on 09 Nov 2020.
AGM
Coworks Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Coworks Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Chinnappa Aravind was appointed as Director.
Appointed
Meetu Sehgal was appointed as Director.
Appointed
Prashanth Shankar Narayan was appointed as Director.
Incorporation
09 Nov 2020
Coworks Solutions Private Limited was registered on 09 Nov 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.
Frequently asked questions
Coworks Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140831.
Coworks Solutions has 3 current directors:
- Meetu Sehgal - Director
- Prashanth Shankar Narayan - Director
- Chinnappa Aravind - Director
The latest financial statements of Coworks Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Coworks Solutions is 29AAJCC1057F1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Coworks Solutions is U72900KA2020PTC140831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coworks Solutions was incorporated on 09 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Coworks Solutions has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in February 2022.
The peers of Coworks Solutions by revenue are Tech Green IT Solutions Private Limited, Springbok Enterprises Private Limited, Blackmaze Technologies Private Limited, Expert Software Systems Private Limited, Vega Information Systems Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Chinnappa Aravind was appointed as Director on 09 Nov 2020. Meetu Sehgal was appointed as Director on 09 Nov 2020. Prashanth Shankar Narayan was appointed as Director on 09 Nov 2020.
Yes, Coworks Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Coworks Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0088940).
Coworks Solutions has 3 MSME Form 1 returns on record between 2023 and 2024, listing 45 overdue payments to 4 micro and small suppliers. The latest return was filed on 25 Apr 2024.
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