Workstuff Solutions Private Limited
About Workstuff Solutions Private Limited
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Workstuff Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 29 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2018PTC104474. Its GSTIN is 24AACCO7875L1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Offisential Solutions Private Limited. It is led by directors Ruchi Rumit Patel and Rumit Ashokbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B2 Basement Ashavmegh Avenue Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.48 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Lakh (net margin -0.9%) and EBITDA of -₹29,130 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 89% over five years.
The company is associated with 1 brand: Workstuff.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB2 Basement Ashavmegh Avenue Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryE-Commerce, General E-Commerce Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Workstuff Solutions Private Limited
The main business activity of Workstuff Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Workstuff Solutions Private Limited FY 2024 filings available
Workstuff Solutions Private Limited reported revenue of ₹1.48 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Workstuff Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 2% growth in the latest year. EBITDA fell 105% 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 of Workstuff Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹29,130 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.35 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 of Workstuff Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Workstuff Solutions are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Workstuff Solutions Private Limited
Workstuff Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pretvo Services Private Limited | ₹1.49 Cr (FY 2022) | •••• | •••• | 130.0% | •••• | Surat, Gujarat, India |
| Artim Electronics Private Limited | ₹1.49 Cr (FY 2016) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Youkeshu Trading Private Limited | ₹1.48 Cr (FY 2020) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Neos Facility Management Private Limited | ₹1.48 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Kolkata, West Bengal, India |
| Renaissance Lifestyle Private Limited | ₹1.48 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Workstuff Solutions Private Limited this company | ₹1.48 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| Agritray Technologies Private Limited | ₹1.47 Cr (FY 2023) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
| Tekies Retail Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Delhi, India |
| Brightlight Renewable Technologies Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Hyderabad, Telangana, India |
| Rapawalk Fashion Technologies Private Limited | ₹1.47 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Satyam Gartex Private Limited | ₹1.46 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Workstuff Solutions by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Workstuff Solutions Private Limited
Workstuff Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchi Rumit Patel | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Rumit Ashokbhai Patel | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of Workstuff Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Workstuff Solutions Private Limited
Workstuff Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Workstuff Solutions Private Limited
Workstuff Solutions operates one associated brand: Workstuff. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer offering office supplies, electronics, and housekeeping products. | workstuff.co.in |
Employees and EPFO Compliance at Workstuff Solutions Private Limited
Employment history and EPFO contributions of people linked to Workstuff Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Workstuff Solutions Private Limited
Workstuff Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ruchi Rumit Patel was appointed as Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Workstuff Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Workstuff Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Workstuff Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Workstuff Solutions Private Limited
Workstuff Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCO7875L1ZW | Gujarat | Active | 03 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Workstuff Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Workstuff Solutions Private Limited
Workstuff Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 29 September 2018 (8+ years old) and is registered under CIN U36999GJ2018PTC104474.
Workstuff Solutions reported revenue of ₹1.48 Cr for FY 2024 (up 2% YoY).
Workstuff Solutions has 2 current directors:
- Ruchi Rumit Patel - Director
- Rumit Ashokbhai Patel - Director
Workstuff Solutions reported a net loss of ₹1.35 Lakh (net margin -0.9%) and EBITDA of -₹29,130 (EBITDA margin -0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Workstuff Solutions is 20% over three years and 89% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Workstuff Solutions is 24AACCO7875L1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Workstuff Solutions is U36999GJ2018PTC104474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workstuff Solutions was incorporated on 29 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Workstuff Solutions by revenue are Pretvo Services Private Limited, Artim Electronics Private Limited, Youkeshu Trading Private Limited, Neos Facility Management Private Limited, Renaissance Lifestyle Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Ruchi Rumit Patel was appointed as Director on 29 Sep 2018. Rumit Ashokbhai Patel was appointed as Director on 29 Sep 2018.
Yes, Workstuff Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).