Concord Work Space Private Limited
About Concord Work Space Private Limited
Data last updated:
Concord Work Space Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 March 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U41001MH1995PTC085968. Its GSTIN is 27AABCC6762F1ZO (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Pragna Suketu Parikh and Soketu Jayantkumar Parikh.
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 was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.38 Lakh, a growth of 60% compared to the previous year. For the same year it recorded a net loss of ₹4.57 Lakh (net margin -9.7%) and EBITDA of ₹1.22 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹1.2 Cr on record.
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- Registered Address15 Silver Sands Dariyalal Co – Op Hsg. Soc Ltd Juhu Tara, Road, Mumbai, Maharashtra, India – 400049
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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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Business Activity of Concord Work Space Private Limited
The main business activity of Concord Work Space is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Concord Work Space Private Limited FY 2024 filings available
Concord Work Space Private Limited reported revenue of ₹47.38 Lakh (up 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Concord Work Space Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 60% growth in the latest year. EBITDA rose 132% 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 Concord Work Space 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 | ₹1.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.57 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 Concord Work Space Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Concord Work Space are in the company report.
Financial statements from 2015
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 Concord Work Space Private Limited
Concord Work Space Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maple Leaf Advisory Private Limited | ₹47.48 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Mumbai, Maharashtra, India |
| Askpower HR Consultancy Private Limited | ₹47.45 Lakh (FY 2025) | •••• | •••• | 130.0% | •••• | Chennai, Tamil Nadu, India |
| Ksa Infomatrix Private Limited | ₹47.41 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Ludhiana, Punjab, India |
| Vistos De Global Private Limited | ₹47.41 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Ernakulam, Kerala, India |
| VJC Immigration and Visa Consultants Private Limited | ₹47.39 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| Concord Work Space Private Limited this company | ₹47.38 Lakh (FY 2024) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Gra Security and Consulting Services Private Limited | ₹47.38 Lakh (FY 2022) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Moonbeam Capital Managers Private Limited | ₹47.37 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | Bangalore, Karnataka, India |
| Kolekar Management and Financial Services Private Limited | ₹47.36 Lakh (FY 2025) | •••• | •••• | 140.0% | •••• | Indore, Madhya Pradesh, India |
| Axis Consultants (India) Private Limited | ₹47.36 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Thane, Maharashtra, India |
| Kredit Financial Consultants Private Limited | ₹47.34 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Concord Work Space by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Concord Work Space Private Limited
Concord Work Space Private Limited is audited by JAYESH DADIA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYESH DADIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Concord Work Space Private Limited
Concord Work Space has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pragna Suketu Parikh | Director | 15 May 2014 | 12 Years 5 Months | As last reported |
| Soketu Jayantkumar Parikh Also directs: Concord Work Space LLP | Director | 23 Nov 2021 | 4 Years 10 Months | As last reported |
| Mukti Avneesh Kaicker Also directs: Concord Work Space LLP | Director | 09 Mar 1999 | 27 Years 7 Months | As last reported |
Ownership and Shareholding of Concord Work Space 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 Concord Work Space Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2005 | Karur Vysya Bank Limited | ₹1.2 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Concord Work Space Private Limited
Employment history and EPFO contributions of people linked to Concord Work Space.
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.
CIN History of Concord Work Space Private Limited
Concord Work Space has one previous CIN (Corporate Identification Number): U67120MH1995PTC085968. The current CIN is U41001MH1995PTC085968, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41001MH1995PTC085968 | Current |
| U67120MH1995PTC085968 | Previous |
Recent Activity on Concord Work Space Private Limited
Concord Work Space Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Soketu Jayantkumar Parikh was appointed as Director on 23 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Concord Work Space 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 Concord Work Space 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 Concord Work Space 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 Concord Work Space Private Limited
Concord Work Space has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC6762F1ZO | Maharashtra | Active | 01 Jul 2017 |
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 Concord Work Space 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 Concord Work Space Private Limited
Concord Work Space has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Concord Work Space was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 March 1995 and is registered under CIN U41001MH1995PTC085968. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Concord Work Space is U41001MH1995PTC085968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concord Work Space had 3 directors:
- Pragna Suketu Parikh - Director
- Soketu Jayantkumar Parikh - Director
- Mukti Avneesh Kaicker - Director
Concord Work Space was incorporated on 01 March 1995. It is registered with the Registrar of Companies, Mumbai.
The registered office of Concord Work Space is at 15 Silver Sands Dariyalal Co – Op Hsg. Soc Ltd Juhu Tara, Road, Mumbai, Maharashtra, India – 400049.
Concord Work Space reported revenue of ₹47.38 Lakh for FY 2024 (up 60% YoY).
Concord Work Space has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Concord Work Space reported a net loss of ₹4.57 Lakh (net margin -9.7%) and EBITDA of ₹1.22 Lakh (EBITDA margin 2.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Concord Work Space is 27AABCC6762F1ZO, registered in Maharashtra.
Concord Work Space operated in the business outsourcing industry, in the business and IT consulting segment.