Openwater.In Private Limited

Openwater.In Private Limited - environment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U29309KA2016PTC098221 Incorporated 02 December 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company environment DPIIT Startup MSME · Micro
Revenue · FY 2025
₹1.54 Cr
▲ 333% YoY
Net loss · FY 2025
₹52.84 Lakh
Net margin -34.3%
EBITDA · FY 2025
-₹50.15 Lakh
EBITDA margin -32.6%
Authorised capital
₹1.3 Cr
Registered with MCA
Paid-up capital
₹1.82 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary

About Openwater.In Private Limited

Data last updated:

Openwater.In Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the water treatment segment of the environmental services sector. It was incorporated on 02 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2016PTC098221. Its GSTIN is 29AACCO4092M1ZX (Karnataka).

The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.82 Lakh. It is led by directors including Sanjiv Sambandan and Mehul Shashikant Vaidya.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.445 9th Main 2nd Cross Hals 3rd Stage Jeevan Bhima Nagar, Bangalore, Karnataka, India – 560075.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹52.84 Lakh (net margin -34.3%) and EBITDA of -₹50.15 Lakh (EBITDA margin -32.6%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 20% over five years.

The company is associated with 1 brand: Openwater.in. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2018. The company has 6 MSME Form 1 returns on record between 2021 and 2023, listing 17 overdue payments to 4 micro and small suppliers.

Openwater.In Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0279337). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website openwater.in.

Company details

CIN U29309KA2016PTC098221
Registration Number 098221
Incorporation Date 02 December 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0279337
Key People
Prabha Nagarajan Ceo Sanjiv Sambandan Director Mehul Shashikant Vaidya Nominee Director

Recognitions & Rankings of Openwater.In

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KR-03-0279337

Contact details

Openwater.In Private Limited's registered office is in Bangalore, Karnataka. Its website is openwater.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    openwater.in
  • Social Media
  • Registered Address
    No.445 9th Main 2nd Cross Hals 3rd Stage Jeevan Bhima Nagar, Bangalore, Karnataka, India – 560075
  • Industry
    Environment, Water Treatment

To see the full contact details of Openwater.In Private Limited, buy the company report.

Comprehensive company report
Openwater.In 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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Brands

Openwater.In operates one associated brand: Openwater.in. Each brand links to its own profile.

BrandDescriptionWebsite
Openwater.in
Technology solution for water treatmentopenwater.in

Business activity

The main business activity of Openwater.In is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
EWater supply, sewerage and waste managementE1Water collection, treatment and supply

To see the full business activity and turnover split of Openwater.In Private Limited, buy the company report.

Financials of Openwater.In Private Limited

FY 2024 filings available

Openwater.In Private Limited reported revenue of ₹1.54 Cr (up 333% YoY) for FY 2025.

Revenue · FY 2025
₹1.54 Cr ▲ 333%
Net loss · FY 2025
₹52.84 Lakh margin -34.3%
EBITDA · FY 2025
-₹50.15 Lakh margin -32.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 333%
3 years · compounded
▲ 61%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 156%
5 years · compounded
▼ 74%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 333% growth in the latest year. EBITDA rose 10% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹50.15 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹52.84 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-32.6%
Net Profit Margin-34.3%
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 Openwater.In Private Limited, buy the company report.

Board of directors and KMP of Openwater.In Private Limited

Openwater.In Private Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Sanjiv SambandanDirector02 Dec 20169 Years 11 MonthsCurrent
Prabha NagarajanCeo09 May 20233 Years 6 MonthsCurrent
Mehul Shashikant Vaidya
Also directs: Forbes Marshall Private Limited
Nominee Director07 Jan 20251 Years 10 MonthsCurrent
Nitin Shashikant ParekhNominee Director06 Apr 20179 Years 7 MonthsCurrent
View all directors and KMP

Auditor

Openwater.In Private Limited is audited by Prabhath P Bhat & Co for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Prabhath P Bhat & CoFY 2022002694S

Shareholding

The shareholding of Openwater.In 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Openwater.In Private Limited, buy the company report.

Deals & funding

Openwater.In Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2018.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Openwater.In Private Limited has 6 MSME Form 1 returns on record between 2021 and 2023, listing 17 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)

SupplierAmount dueDue sinceReported on
Roveen Corporate Services Private Limited
an individual supplier
Royal Precision Filteration System
Merieux Nutrisciences Bangalore Private Limited

To see the full MSME payment records of Openwater.In Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Openwater.In has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCO4092M1ZXKarnatakaActive22 Sep 2017

To see the full GST registrations and return filing status of Openwater.In Private Limited, buy the company report.

Recent activity

Openwater.In Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Mehul Shashikant Vaidya was appointed as Nominee Director on 07 Jan 2025.

AGM
Openwater.In Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Mehul Shashikant Vaidya was appointed as Nominee Director.
Ceased
Nitin Shashikant Parekh ceased to be Director.
Filing
Openwater.In Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Prabha Nagarajan was appointed as CEO.
Appointed
Nitin Shashikant Parekh was appointed as Nominee Director.
Appointed
Sanjiv Sambandan was appointed as Director.
Incorporation
02 Dec 2016
Openwater.In Private Limited was registered on 02 Dec 2016 with Roc Bangalore & aged 9 years 11 months as per MCA records.

News

Frequently asked questions

Openwater.In is an active private limited company based in Bangalore, Karnataka, India. The company works in water treatment, within the environment industry. It was incorporated on 02 December 2016 (10+ years old) and is registered under CIN U29309KA2016PTC098221.

Openwater.In has 4 current directors and KMP:

The latest financial statements of Openwater.In on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Openwater.In is 29AACCO4092M1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Openwater.In is U29309KA2016PTC098221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Openwater.In was incorporated on 02 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Openwater.In has 1 deal on record (1 secondary share transfer); the latest was in December 2018.

Mehul Shashikant Vaidya was appointed as Nominee Director on 07 Jan 2025. Nitin Shashikant Parekh ceased to be Director on 01 Sep 2024. Prabha Nagarajan was appointed as CEO on 09 May 2023. Openwater.In has 5 board changes on record in total.

Yes, Openwater.In is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Openwater.In is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0279337).

Openwater.In has 6 MSME Form 1 returns on record between 2021 and 2023, listing 17 overdue payments to 4 micro and small suppliers. The latest return was filed on 21 Nov 2023.