
About Complifusion Services Private Limited
Data last updated:
Complifusion Services Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Olx India B.V.. It operates in the online classifieds and listings segment of the internet and digital services sector. It was incorporated on 22 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900HR2009PTC053732. Its GSTIN is 06AABCO1674L1ZA (Haryana). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.13 Cr. It is led by directors including Gunjan Shukla and Michal Aleksander Trabinski.
Its last annual general meeting (AGM) was held on 25 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 175 First Floor Altf Orchid Business Park, Sector 48, Gurgaon, Haryana.
As per the financials filed for FY 2023, the company reported a revenue of ₹536.25 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹60.09 Cr (net margin 11.2%) and EBITDA of ₹66.49 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 25% over five years.
The company has about 302 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Olx and OLX. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in February 2018. The company has 17 MSME Form 1 returns on record between 2015 and 2023, listing 740 overdue payments to 86 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olx.in.
Company details
CIN history
Complifusion Services has one previous CIN (Corporate Identification Number): U74900DL2009PTC190559. The current CIN is U74900HR2009PTC053732, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900HR2009PTC053732 | Current |
| U74900DL2009PTC190559 | Previous |
Contact details
Complifusion Services Private Limited's registered office is in Gurgaon, Haryana. Its website is olx.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTr – 175 First Floor Altf Orchid Business Park, Central Park II Sector 48 Gurugram, Gurgaon, Haryana, India – 122004
- IndustryInternet, Online Classifieds & Listings
To see the full contact details of Complifusion Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Complifusion Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Complifusion Services Private Limited, buy the company report.
Financials of Complifusion Services Private Limited
FY 2024 filings availableComplifusion Services Private Limited reported revenue of ₹536.25 Cr (up 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 44% growth in the latest year. EBITDA rose 40% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹536.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.09 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 11.2% | ||||
| 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 Complifusion Services Private Limited, buy the company report.
Board of directors of Complifusion Services Private Limited
Complifusion Services has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunjan Shukla | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Michal Aleksander Trabinski | Director | 09 Feb 2024 | 2 Years 8 Months | Current |
| Ravi Mishra | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Complifusion Services Private Limited is audited by Price Waterhouse Char tered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Char tered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Complifusion Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Complifusion Services Private Limited, buy the company report.
Deals & funding
Complifusion Services Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in February 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Olx India B V |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: Olx India B V Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Olx Inc |
| Jun 2010 | Funding round | ₹1.82 Cr | Investors: Olx Inc, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Complifusion Services Private Limited has 12 court cases on record: 2 filed by Complifusion Services, 10 filed against it. 3 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 3 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Manpowergroup Services India Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Ceragem India Pvt Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Quikr India Private Limited | Disposed |
| High Court of Delhi | Court case (RFA(OS)) | Filed by the company against Triumphant Institute of Management Education Pvt Ltd and Anr | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company | Pending |
To see the full case history of Complifusion Services 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
Complifusion Services Private Limited has 17 MSME Form 1 returns on record between 2015 and 2023, listing 740 overdue payments to 86 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 (5 of 86)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Xebia IT Architects India Private Limited | |||
| Passage Consultants LLP | |||
| an individual supplier | |||
| Ikeva Venture and Knowledge Advisory Services Private Limited |
To see the full MSME payment records of Complifusion Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Complifusion Services Private Limited has a workforce of 302 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Complifusion Services has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCO1674L1ZA | Haryana | Active | 01 Jul 2017 |
| 36AABCO1674L1Z7 | Telangana | Active | 01 Apr 2018 |
| 27AABCO1674L1Z6 | Maharashtra | Active | 18 Jun 2018 |
| 07AABCO1674L1Z8 | Delhi | Active | 10 Jul 2019 |
To see the full GST registrations and return filing status of Complifusion Services Private Limited, buy the company report.
Recent activity
Complifusion Services Private Limited has 16 board changes on record since 2013: 3 appointments and 13 cessations. The latest: Michal Aleksander Trabinski ceased to be Additional Director on 24 Nov 2024.
7 earlier events are in the company report.
News
Frequently asked questions
Complifusion Services is an active private limited company based in Gurgaon, Haryana, India. The company works in online classifieds and listings, within the internet industry. It was incorporated on 22 May 2009 (17+ years old) and is registered under CIN U74900HR2009PTC053732.
Complifusion Services has 3 current directors:
- Gunjan Shukla - Director
- Michal Aleksander Trabinski - Director
- Ravi Mishra - Director
The latest financial statements of Complifusion Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Complifusion Services is 06AABCO1674L1ZA, registered in Haryana. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 36AABCO1674L1Z7 (Telangana), 27AABCO1674L1Z6 (Maharashtra), 07AABCO1674L1Z8 (Delhi).
The CIN (Corporate Identification Number) of Complifusion Services is U74900HR2009PTC053732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Complifusion Services has 12 court cases on record: 2 filed by the company and 10 filed against it. 3 are pending. Most are in the district courts.
Complifusion Services was incorporated on 22 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Complifusion Services has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in February 2018.
Michal Aleksander Trabinski ceased to be Additional Director on 24 Nov 2024. Ravi Mishra ceased to be Additional Director on 24 Nov 2024. Ravi Mishra was appointed as Director on 18 Jul 2024. Complifusion Services has 16 board changes on record in total.
Complifusion Services has 17 MSME Form 1 returns on record between 2015 and 2023, listing 740 overdue payments to 86 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Complifusion Services can be reached through the website olx.in. Its registered office is in Gurgaon, Haryana, India.