About Outforce Services Private Limited
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Outforce Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64202KA2003PTC032701. Its GSTIN is 29AAACO7799K1ZJ (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Amit Ajit Parikh and Madanlal Uppal Amarnath.
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 89 16th A Main 7th Cross 4 B Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.63 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹26.34 Lakh (net margin 10%) and EBITDA of ₹36.23 Lakh (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website outforceservices.com.
Company details
Contact details
Outforce Services Private Limited's registered office is in Bangalore, Karnataka. Its website is outforceservices.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address89 16th A Main 7th Cross 4 B Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Outforce 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
Business activity
The main business activity of Outforce Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Outforce Services Private Limited, buy the company report.
Financials of Outforce Services Private Limited
FY 2023 filings availableOutforce Services Private Limited reported revenue of ₹2.63 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA fell 8% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹36.23 Lakh | ||||
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| Net Profit (PAT) | ₹26.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Outforce Services Private Limited, buy the company report.
Board of directors of Outforce Services Private Limited
Outforce Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Ajit Parikh | Director | 15 Oct 2003 | 23 Years 1 Months | Current |
| Madanlal Uppal Amarnath | Director | 15 Oct 2003 | 23 Years 1 Months | Current |
| Sankaran Varadarajan Also directs: Selector AI Software Private Limited, Articul8labs India Private Limited, Articul8 AI India Private Limited and 1 more | Director | 11 Sep 2019 | 7 Years 2 Months | Current |
Auditor
Outforce Services Private Limited is audited by H. R. Alva & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. R. Alva & Associates | FY 2016 |
Shareholding
The shareholding of Outforce Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Outforce Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Outforce Services 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
No delayed payments to MSME suppliers are on our record for Outforce Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Outforce Services Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Outforce Services Private Limited, buy the company report.
GST
Outforce Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO7799K1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Outforce Services Private Limited, buy the company report.
Recent activity
Outforce Services Private Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Sankaran Varadarajan was appointed as Director on 11 Sep 2019.
Frequently asked questions
Outforce Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 October 2003 (23+ years old) and is registered under CIN U64202KA2003PTC032701.
Outforce Services has 3 current directors:
- Amit Ajit Parikh - Director
- Madanlal Uppal Amarnath - Director
- Sankaran Varadarajan - Director
The latest financial statements of Outforce Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Outforce Services is 29AAACO7799K1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Outforce Services is U64202KA2003PTC032701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Outforce Services was incorporated on 10 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Sankaran Varadarajan was appointed as Director on 11 Sep 2019. Raghunandan Ramakrishna ceased to be Additional Director on 10 Sep 2019. Sankaran Varadarajan ceased to be Alternate Director on 08 May 2019. Outforce Services has 7 board changes on record in total.
Outforce Services can be reached through the website outforceservices.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Outforce Services is at 89 16th A Main 7th Cross 4 B Block Koramangala, Bangalore, Karnataka, India – 560034.
Outforce Services operates in the business outsourcing industry, in the business and IT consulting segment.
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