MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-06-0017584
Owlots Nextgen Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.4 Cr
▲ 91% YoY
Net loss · FY 2025
₹54.49 Lakh
Net margin -4.8%
EBITDA · FY 2025
-₹40.76 Lakh
EBITDA margin -3.6%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹61.52 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
50
Provident fund records
Directors on board
4
As per MCA filings
About Owlots Nextgen Private Limited
Data last updated:
Owlots Nextgen Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 25 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U78100DL2017PTC319788. Its GSTIN is 07AAICR3777Q1ZG (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹61.52 Lakh. It is led by directors including Baddireddy Vidyarthi and Kajal Malik.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B1/H3 Mohan Co – Operative Industrial Area Mathura Road Block B, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.4 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net loss of ₹54.49 Lakh (net margin -4.8%) and EBITDA of -₹40.76 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 76% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Reculta and PickMyWork. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending. The company has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹12.01 Cr; the latest was in July 2021. The company has 2 MSME Form 1 returns on record between 2021 and 2024, listing 5 overdue payments to 2 micro and small suppliers.
Owlots Nextgen Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-06-0017584). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reculta.com.
Company details
CIN U78100DL2017PTC319788
Registration Number 319788
Incorporation Date 25 June 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DL-06-0017584
CIN history
Owlots Nextgen has one previous CIN (Corporate Identification Number): U93090DL2017PTC319788. The current CIN is U78100DL2017PTC319788, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U78100DL2017PTC319788 | Current |
| U93090DL2017PTC319788 | Previous |
Recognitions & Rankings of Owlots Nextgen
Contact details
Owlots Nextgen Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered AddressB1/H3 Mohan Co – Operative Industrial Area Mathura Road Block B, New Delhi, Delhi, India – 110044
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
Comprehensive company report
Owlots Nextgen 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Owlots Nextgen operates two associated brands: Reculta and PickMyWork. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based placement management software is provided for students and institutes. | reculta.com | |
| Gig employee hiring platform | pickmywork.com |
Business activity
The main business activity of Owlots Nextgen is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Owlots Nextgen Private Limited, buy the company report.
Financials of Owlots Nextgen Private Limited
FY 2025 filings availableOwlots Nextgen Private Limited reported revenue of ₹11.4 Cr (up 91% YoY) for FY 2025.
Revenue · FY 2025
₹11.4 Cr ▲ 91%
Net loss · FY 2025
₹54.49 Lakh margin -4.8%
EBITDA · FY 2025
-₹40.76 Lakh margin -3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 72%
5 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 54%
5 years · compounded
▼ 11%
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 91% growth in the latest year. EBITDA rose 88% 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 |
|---|---|---|---|---|---|
| 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 | -₹40.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.49 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.6% | ||||
| Net Profit Margin | -4.8% | ||||
| 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 Owlots Nextgen Private Limited, buy the company report.
Board of directors of Owlots Nextgen Private Limited
Owlots Nextgen has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baddireddy Vidyarthi | Director | 25 Jun 2017 | 9 Years 3 Months | Current |
| Kajal Malik | Director | 25 Jun 2017 | 9 Years 3 Months | Current |
| Nikhil Thatai Also directs: Porridge Heads Private Limited | Director | 27 Dec 2023 | 2 Years 9 Months | Current |
| Rajnish Kumar Singh | Nominee Director | 12 Apr 2024 | 2 Years 6 Months | Current |
Deals & funding
Owlots Nextgen Private Limited has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹12.01 Cr; the latest was in July 2021.
Total deals
12
Funding rounds
7
Secondary share transfers
4
Convertible or debt financing
1
Disclosed funding
₹12.01 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹10.71 Cr | Investors: SOSV, Z Nation Lab, Angel List, an individual |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Netambit Valuefirst Serrvices Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Jun 2020 | Funding round | ₹9.1 Lakh | Investors: 3 individuals |
To see the full deal history of Owlots Nextgen Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Owlots Nextgen Private Limited has 7 court cases on record: 2 filed by Owlots Nextgen, 5 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Siply Services Private Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Owlots Nextgen 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
Owlots Nextgen Private Limited has 2 MSME Form 1 returns on record between 2021 and 2024, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ihorizon Communications Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Owlots Nextgen Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Owlots Nextgen has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICR3777Q1ZG | Delhi | Active | 02 Aug 2017 |
| 06AAICR3777Q1ZI | Haryana | Active | 26 Mar 2019 |
To see the full GST registrations and return filing status of Owlots Nextgen Private Limited, buy the company report.
Recent activity
Owlots Nextgen Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Nikhil Thatai ceased to be Additional Director on 29 Sep 2024.
AGM
Owlots Nextgen Private Limited last Annual general meeting of members was held on 23 Aug 2025 as per latest MCA records.
Filing
Owlots Nextgen Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Nikhil Thatai ceased to be Additional Director.
Appointed
Rajnish Kumar Singh was appointed as Nominee Director.
Appointed
Nikhil Thatai was appointed as Director.
Ceased
Utsav Bhattacharjee ceased to be Director.
Ceased
Girish Batra ceased to be Nominee Director.
Ceased
Kaushik Burman ceased to be Additional Director.
Appointed
Baddireddy Vidyarthi was appointed as Director.
Appointed
Kajal Malik was appointed as Director.
Incorporation
25 Jun 2017
Owlots Nextgen Private Limited was registered on 25 Jun 2017 with Roc Delhi & aged 9 years 4 months as per MCA records.
News
Frequently asked questions
Owlots Nextgen is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 25 June 2017 (9+ years old) and is registered under CIN U78100DL2017PTC319788.
Owlots Nextgen has 4 current directors:
- Baddireddy Vidyarthi - Director
- Kajal Malik - Director
- Nikhil Thatai - Director
- Rajnish Kumar Singh - Nominee Director
The latest financial statements of Owlots Nextgen on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Owlots Nextgen is 07AAICR3777Q1ZG, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAICR3777Q1ZI (Haryana).
The CIN (Corporate Identification Number) of Owlots Nextgen is U78100DL2017PTC319788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Owlots Nextgen has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Owlots Nextgen was incorporated on 25 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Owlots Nextgen has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹12.01 Cr; the latest was in July 2021.
Nikhil Thatai ceased to be Additional Director on 29 Sep 2024. Rajnish Kumar Singh was appointed as Nominee Director on 12 Apr 2024. Nikhil Thatai was appointed as Director on 27 Dec 2023. Owlots Nextgen has 8 board changes on record in total.
Yes, Owlots Nextgen is registered as an MSME under Udyam registration (number: UDYAM-DL-06-0017584).
Owlots Nextgen has 2 MSME Form 1 returns on record between 2021 and 2024, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2024.