MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-06-0056954
Alt Source Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.09 Cr
▲ 20% YoY
Net profit · FY 2024
₹40.11 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹1.35 Cr
EBITDA margin 19.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹8.87 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
210
Provident fund records
About Alt Source Private Limited
Data last updated:
Alt Source Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 23 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC301904. Its GSTIN is 07AAOCA5023G1ZT (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shruti Gangwar and Apoorv Gangwar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 25 First Floor, Pamposh Enclave, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.09 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹40.11 Lakh (net margin 5.7%) and EBITDA of ₹1.35 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 31% over five years.
The company has about 210 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.87 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Alt Source Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0056954). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altsource.in.
Company details
CIN U74999DL2016PTC301904
Registration Number 301904
Incorporation Date 23 June 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-06-0056954
Key People
Shruti Gangwar Director Apoorv Gangwar Director Recognitions & Rankings of Alt Source
Contact details
Alt Source Private Limited's registered office is in New Delhi, Delhi. Its website is altsource.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 25 First Floor, Pamposh Enclave, New Delhi, Delhi, India – 110048
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Alt Source Private Limited, buy the company report.
Comprehensive company report
Alt Source 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
Business activity
The main business activity of Alt Source is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Alt Source Private Limited, buy the company report.
Financials of Alt Source Private Limited
FY 2025 filings availableAlt Source Private Limited reported revenue of ₹7.09 Cr (up 20% YoY) for FY 2024.
Revenue · FY 2024
₹7.09 Cr ▲ 20%
Net profit · FY 2024
₹40.11 Lakh margin 5.7%
EBITDA · FY 2024
₹1.35 Cr margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 47%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 153%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 20% growth in the latest year. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.35 Cr | ||||
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| Net Profit (PAT) | ₹40.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Alt Source Private Limited, buy the company report.
Board of directors of Alt Source Private Limited
Alt Source has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Gangwar | Director | 24 Apr 2017 | 9 Years 6 Months | Current |
| Apoorv Gangwar Also directs: Coolg Edu Solutions Private Limited | Director | 24 May 2024 | 2 Years 5 Months | Current |
Auditor
Alt Source Private Limited is audited by SHARVAN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARVAN & ASSOCIATES | FY 2021 | 026934N |
Shareholding
The shareholding of Alt Source Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Alt Source Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2022 | 100611468 | Uco Bank | ₹8.87 Cr | Open |
To see the full charge records of Alt Source Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Alt Source Private Limited has 2 court cases on record: 1 filed by Alt Source, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Lalantop Projects Private Limited and 2 others | Disposed |
| District court, Alwar, Rajasthan | Criminal case | Filed against the company by State | Disposed |
To see the full case history of Alt Source 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
No delayed payments to MSME suppliers are on our record for Alt Source Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alt Source Private Limited has a workforce of 210 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
210
Active EPFO establishments
1
Employee growth
12.9%
GST
Alt Source has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAOCA5023G1ZT | Delhi | Active | 01 Jul 2017 |
| 09AAOCA5023G1ZP | Uttar Pradesh | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Alt Source Private Limited, buy the company report.
Recent activity
Alt Source Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Apoorv Gangwar was appointed as Director on 24 May 2024.
AGM
Alt Source Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Uco Bank of Rs. 887.44 Lakh registered on 05 Sep 2022 with Charge ID 100611468 was modified on 09 Jun 2025.
Filing
Alt Source Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Apoorv Gangwar was appointed as Director.
Ceased
Sobahgya Gangwar ceased to be Director.
Charges
A charge with Uco Bank amounted to Rs. 887.44 Lakh with Charge ID 100611468 was registered on 05 Sep 2022.
Appointed
Sobahgya Gangwar was appointed as Director.
Ceased
Subodh Sachan ceased to be Director.
Ceased
Abhay Pratap Singh ceased to be Director.
Appointed
Shruti Gangwar was appointed as Director.
Incorporation
23 Jun 2016
Alt Source Private Limited was registered on 23 Jun 2016 with Roc Delhi I & aged 10 years 4 months as per MCA records.
Frequently asked questions
Alt Source is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 23 June 2016 (10+ years old) and is registered under CIN U74999DL2016PTC301904.
Alt Source has 2 current directors:
- Shruti Gangwar - Director
- Apoorv Gangwar - Director
The latest financial statements of Alt Source on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Alt Source is 07AAOCA5023G1ZT, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAOCA5023G1ZP (Uttar Pradesh).
The CIN (Corporate Identification Number) of Alt Source is U74999DL2016PTC301904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alt Source has 2 court cases on record: 1 filed by the company and 1 filed against it.
Alt Source was incorporated on 23 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Apoorv Gangwar was appointed as Director on 24 May 2024. Sobahgya Gangwar ceased to be Director on 24 May 2024. Sobahgya Gangwar was appointed as Director on 28 Jul 2017. Alt Source has 6 board changes on record in total.
Yes, Alt Source is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-06-0056954).
Alt Source can be reached through the website altsource.in. Its registered office is in New Delhi, Delhi, India.