About Northern Operating Services Private Limited
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Northern Operating Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of The Northern Trust International Banking Corporation, Usa. It operates in the business process outsourcing sector. It was incorporated on 30 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2005FTC048089. Its GSTIN is 29AACCN1652J1ZC (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sudha Rajagopalan (Whole-Time Director) and Mhaiskar Sandeep Ganesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,226.1 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹430.57 Cr (net margin 19.3%) and EBITDA of ₹799.51 Cr (EBITDA margin 35.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 7,473 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Northern Trust. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in May 2006. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 42 overdue payments to 20 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website northerntrust.com.
Company details
CIN history
Northern Operating Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72300KA2005FTC048089, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300KA2005FTC048089 | Current |
| U72300DL2005PTC140143 | Previous |
| U72300KA2005PTC048089 | Previous |
Contact details
Northern Operating Services Private Limited's registered office is in Bangalore, Karnataka. Its website is northerntrust.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFloor 6 Argon South Tower Bagmane Solarium City, Kundalahalli Road K R Puram Hobli, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Northern Operating Services Private Limited, buy the company report.
- 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
Brands
Northern Operating Services operates one associated brand: Northern Trust. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial and wealth management services are provided worldwide. | northerntrust.com |
Business activity
The main business activity of Northern Operating Services is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Northern Operating Services Private Limited, buy the company report.
Financials of Northern Operating Services Private Limited
FY 2025 filings availableNorthern Operating Services Private Limited reported revenue of ₹2,226.1 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 26% growth in the latest year. EBITDA rose 79% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹799.51 Cr | ||||
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| Net Profit (PAT) | ₹430.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 35.9% | ||||
| Net Profit Margin | 19.3% | ||||
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To see the full financial statements and ratios of Northern Operating Services Private Limited, buy the company report.
Board of directors of Northern Operating Services Private Limited
Northern Operating Services has 5 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Rajagopalan Also directs: Northern Operating Solutions Private Limited | Whole-Time Director | 22 Sep 2022 | 4 Years 1 Months | Current |
| Mhaiskar Sandeep Ganesh Also directs: Northern Operating Solutions Private Limited | Whole-Time Director | 30 Jun 2022 | 4 Years 3 Months | Current |
| Suresh Jethwani Also directs: Northern Operating Solutions Private Limited | Whole-Time Director | 27 Apr 2023 | 3 Years 5 Months | Current |
| Rajesh Arjan Kateja Also directs: Northern Operating Solutions Private Limited | Director | 18 Dec 2024 | 1 Years 10 Months | Current |
| Veda Persad Also directs: Northern Operating Solutions Private Limited | Director | 22 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Northern Operating Services Private Limited is audited by B S R & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & ASSOCIATES LLP | FY 2023 | 116231W/W-100024 |
Shareholding
The shareholding of Northern Operating Services Private Limited is on record for 5 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 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Northern Operating Services Private Limited, buy the company report.
Deals & funding
Northern Operating Services Private Limited has 1 deal on record (1 secondary share transfer); the latest was in May 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2006 | Secondary share transfer | Undisclosed | Buyer: The Northern Trust International Banking Corporation, The Northern Trust Gfs Holdings Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Northern Operating Services Private Limited has 14 court cases on record: 5 filed by Northern Operating Services, 9 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 0 |
| District courts | 5 | 5 | 1 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Disposed |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (P and SC) | Filed against the company by an individual | Disposed |
To see the full case history of Northern Operating Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Northern Operating Services Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 42 overdue payments to 20 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 (5 of 20)
To see the full MSME payment records of Northern Operating Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Northern Operating Services Private Limited has a workforce of 7,473 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Northern Operating Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN1652J1ZC | Karnataka | Active | 01 Jul 2017 |
| 27AACCN1652J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AACCN1652J2ZF | Maharashtra | Active | 17 Jan 2018 |
To see the full GST registrations and return filing status of Northern Operating Services Private Limited, buy the company report.
Recent activity
Northern Operating Services Private Limited has 36 board changes on record since 2008: 5 appointments and 31 cessations. The latest: Rajesh Arjan Kateja ceased to be Additional Director on 23 Sep 2025.
27 earlier events are in the company report.
News
Frequently asked questions
Northern Operating Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 30 August 2005 (21+ years old) and is registered under CIN U72300KA2005FTC048089.
Northern Operating Services has 5 current directors:
- Sudha Rajagopalan - Whole-Time Director
- Mhaiskar Sandeep Ganesh - Whole-Time Director
- Suresh Jethwani - Whole-Time Director
- Rajesh Arjan Kateja - Director
- Veda Persad - Director
The latest financial statements of Northern Operating Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Northern Operating Services is 29AACCN1652J1ZC, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCN1652J1ZG (Maharashtra), 27AACCN1652J2ZF (Maharashtra).
The CIN (Corporate Identification Number) of Northern Operating Services is U72300KA2005FTC048089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Northern Operating Services has 14 court cases on record: 5 filed by the company and 9 filed against it. 2 are pending. Most are in the high courts.
Northern Operating Services was incorporated on 30 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Northern Operating Services has 1 deal on record (1 secondary share transfer); the latest was in May 2006.
Rajesh Arjan Kateja ceased to be Additional Director on 23 Sep 2025. Rajesh Arjan Kateja was appointed as Director on 18 Dec 2024. Suresh Jethwani was appointed as Whole-Time Director on 27 Apr 2023. Northern Operating Services has 36 board changes on record in total.
Northern Operating Services has 8 MSME Form 1 returns on record between 2020 and 2023, listing 42 overdue payments to 20 micro and small suppliers. The latest return was filed on 22 Nov 2023.
Northern Operating Services can be reached through the website northerntrust.com. Its registered office is in Bangalore, Karnataka, India.