Altisource Business Solutions Private Limited logo

Altisource Business Solutions Private Limited

IT and financial services provider specializing in mortgage and technology solutions.

2007 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

1 month ago
Altisource Business Solutions Private Limited (ABSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 2007 and has a history of 16 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Ocwen Business Solutions Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.00 cr and a paid-up capital of Rs 2.10 cr.

The Corporate currently has active open charges totaling ₹20.00 Lakh. It has already closed loans amounting to ₹6.75 Lakh, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Altisource Business Solutions Private Limited India is Nikita Goenka as Company Secretary. Somnath Mitra, Gregory Ritts, Matias Renaud, and One other member serve as directors at the Company.

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU74900KA2007PTC054134
Company No.054134
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date06 Aug 2007
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Bangalore

Financials of Altisource Business Solutions Private Limited

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Altisource Business Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 35.48% decrease. The company also saw a substantial fall in profitability, with a 55.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 87.07%.

Corporate Structure

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Unlock access to Altisource Business Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Altisource Business Solutions Private Limited

Executive Team (1)

  • NG

    Nikita Goenka In Company Secretary

    Appointment Date: 07-Mar-2019

    Status: Current

Board Members(4)

Charges (Loans)

Open Charges Satisfied Charges

₹0.20 cr

₹0.07 cr

LenderAmountStatus

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 06 Jan 2023
₹2.00 MOpen

Citi Bank N.A.

Creation Date: 06 Jan 2015
₹0.68 MSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Altisource Business Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Altisource Business Solutions's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Altisource Business Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023
  • Activity

    Balance Sheet

    Altisource Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.20 cr with Charge ID 100663011 was registered on 06 Jan 2023.

    06 Jan 2023
  • Activity

    Director Appointment

    Sanjib Kumar Prusty was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 May 2022 & has been associated with this company since 2 years 1 month .

    11 May 2022
  • Activity

    Director Appointment

    Somnath Mitra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 May 2022 & has been associated with this company since 2 years 1 month .

    04 May 2022

Frequently asked questions

What is the Incorporation or founding date of Altisource Business Solutions Private Limited?

Altisource Business Solutions Private Limited was incorporated 16 years 10 months ago on 06 Aug 2007 with Registrar of Companies Roc Bangalore.

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