Absolute Global Outsourcing Private Limited

Absolute Global Outsourcing Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900PN2020PTC189448 Incorporated 28 January 2020 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology Startup India MSME · Micro
Data last updated
Revenue · FY 2022
₹1.18 Cr
▲ 340% YoY
Net profit · FY 2022
₹5.54 Lakh
Net margin 4.7%
EBITDA · FY 2022
₹6.07 Lakh
EBITDA margin 5.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.16 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Absolute Global Outsourcing Private Limited

Data last updated:

Absolute Global Outsourcing Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC189448. Its GSTIN is 27AATCA2317A1ZZ (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Sharad Dherange and Nikhil Shivaji Sathe.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at City Centre Office No – 16 Nr.Simboysis Hostel Third Floor Hinjewadi, Pune, Maharashtra, India – 411057.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.54 Lakh (net margin 4.7%) and EBITDA of ₹6.07 Lakh (EBITDA margin 5.1%).

The company is associated with 1 brand: Absolute Global Outsourcing. As per MCA filings, the company has open charges of ₹10.16 Lakh on record.

Absolute Global Outsourcing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0314744). For more details, the company can be reached via its website absolute-global.com.

Company details

CIN U72900PN2020PTC189448
Registration Number 189448
Incorporation Date 28 January 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0314744

Recognitions & Rankings of Absolute Global Outsourcing

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0314744

Contact details

Absolute Global Outsourcing Private Limited's registered office is in Pune, Maharashtra. Its website is absolute-global.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    City Centre Office No – 16 Nr.Simboysis Hostel Third Floor Hinjewadi, Pune, Maharashtra, India – 411057
  • Industry
    Information Technology, Enterprise Resource Planning (ERP) Solutions

To see the full contact details of Absolute Global Outsourcing Private Limited, buy the company report.

Comprehensive company report
Absolute Global Outsourcing 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

Absolute Global Outsourcing operates one associated brand: Absolute Global Outsourcing. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers B2B lead generation, appointment setting, and digital marketing strategies.absolute-global.com

Business activity

The main business activity of Absolute Global Outsourcing is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Absolute Global Outsourcing Private Limited, buy the company report.

Financials of Absolute Global Outsourcing Private Limited

FY 2022 filings available

Absolute Global Outsourcing Private Limited reported revenue of ₹1.18 Cr (up 340% YoY) for FY 2022.

Revenue · FY 2022
₹1.18 Cr ▲ 340%
Net profit · FY 2022
₹5.54 Lakh margin 4.7%
EBITDA · FY 2022
₹6.07 Lakh margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 340%
EBITDA CAGR growth
1 year
▲ 487%

Revenue rose 340% in the latest year. EBITDA rose 487% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 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₹6.07 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.54 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 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.1%
Net Profit Margin4.7%
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 Absolute Global Outsourcing Private Limited, buy the company report.

Board of directors of Absolute Global Outsourcing Private Limited

Absolute Global Outsourcing has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitin Sharad DherangeDirector28 Jan 20206 Years 8 MonthsCurrent
Nikhil Shivaji SatheDirector28 Jan 20206 Years 8 MonthsCurrent

Auditor

Absolute Global Outsourcing Private Limited is audited by NIPUNGE & COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
NIPUNGE & COMPANYFY 2021135933W

Shareholding

The shareholding of Absolute Global Outsourcing Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Absolute Global Outsourcing Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.16 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Feb 2023100720053Hdfc Bank Limited₹10.16 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Absolute Global Outsourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Absolute Global Outsourcing has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AATCA2317A1ZZMaharashtraActive08 Feb 2022

To see the full GST registrations and return filing status of Absolute Global Outsourcing Private Limited, buy the company report.

Recent activity

Absolute Global Outsourcing Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Sagar Sheshrao Sonawane ceased to be Additional Director on 09 Aug 2021.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.16 Lakh with Charge ID 100720053 was registered on 04 Feb 2023.
AGM
Absolute Global Outsourcing Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Absolute Global Outsourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Ceased
Sagar Sheshrao Sonawane ceased to be Additional Director.
Ceased
Ashish Deepak Kadam ceased to be Director.
Appointed
Nikhil Shivaji Sathe was appointed as Director.
Appointed
Nitin Sharad Dherange was appointed as Director.
Incorporation
28 Jan 2020
Absolute Global Outsourcing Private Limited was registered on 28 Jan 2020 with Roc Pune & aged 6 years 8 months as per MCA records.

Frequently asked questions

Absolute Global Outsourcing is an active private limited company based in Pune, Maharashtra, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U72900PN2020PTC189448.

Absolute Global Outsourcing has 2 current directors:

The latest financial statements of Absolute Global Outsourcing on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Absolute Global Outsourcing is 27AATCA2317A1ZZ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Absolute Global Outsourcing is U72900PN2020PTC189448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Absolute Global Outsourcing was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.

Sagar Sheshrao Sonawane ceased to be Additional Director on 09 Aug 2021. Ashish Deepak Kadam ceased to be Director on 30 Sep 2020. Nikhil Shivaji Sathe was appointed as Director on 28 Jan 2020. Absolute Global Outsourcing has 4 board changes on record in total.

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

Yes, Absolute Global Outsourcing is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0314744).

Absolute Global Outsourcing can be reached through the website absolute-global.com. Its registered office is in Pune, Maharashtra, India.