About Cowrks India Private Limited
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Cowrks India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Bsrep Iii New York Fdi I (Difc) Limited. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 31 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2006PTC040807. Its GSTIN is 29AABCE7586M1ZV (Karnataka). The company holds 17 GST registrations, all of them active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹12.59 Lakh. It was formerly known as Ecoworld Infrastructure (Coimbatore) Private Limited and Rmz Ecopark (India) Private Limited. It is led by directors Parul Thakur Patwardhan (Whole-Time Director) and Saurabh Sangal (Whole-Time Director).
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 Unit No. 804 8th Floor Campus 7 Ecoworld Sarjapur Marathalli Outer Ring Road, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹357.03 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹8.09 Cr (net margin -2.3%) and EBITDA of ₹207.81 Cr (EBITDA margin 58.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company has about 177 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cowrks. As per MCA filings, the company has satisfied charges of ₹50 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 11 deals on record (6 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹485.09 Cr; the latest was in January 2021. The company has 52 MSME Form 1 returns on record between 2018 and 2024, listing 464 overdue payments to 48 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 cowrks.com.
Company details
Name history
Cowrks India has undergone 2 name changes throughout its history. The company was previously known as Ecoworld Infrastructure (Coimbatore) Private Limited, and Rmz Ecopark (India) Private Limited. The current legal name is Cowrks India Private Limited.
| Company Name | Status |
|---|---|
| Cowrks India Private Limited | Current |
| Ecoworld Infrastructure (Coimbatore) Private Limited | Previous |
| Rmz Ecopark (India) Private Limited | Previous |
Contact details
Cowrks India Private Limited's registered office is in Bangalore, Karnataka. Its website is cowrks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 804 8th Floor Campus 7 Ecoworld Sarjapur Marathalli Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Cowrks India 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
Brands
Cowrks India operates one associated brand: Cowrks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of flexible and customized coworking spaces | cowrks.com |
Business activity
The main business activity of Cowrks India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Cowrks India Private Limited, buy the company report.
Financials of Cowrks India Private Limited
FY 2025 filings availableCowrks India Private Limited reported revenue of ₹357.03 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹207.81 Cr | ||||
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| Net Profit (PAT) | -₹8.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.2% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Cowrks India Private Limited, buy the company report.
Board of directors of Cowrks India Private Limited
Cowrks India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Thakur Patwardhan | Whole-Time Director | 20 Oct 2022 | 4 Years 0 Months | Current |
| Saurabh Sangal | Whole-Time Director | 10 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Cowrks India Private Limited is audited by BSR & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Associates LLP | FY 2023 | 116231W/W-100024 |
Shareholding
The shareholding of Cowrks India 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 Cowrks India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2019 | 100290578 | Hdfc Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Cowrks India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Cowrks India Private Limited has 11 deals on record (6 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹485.09 Cr; the latest was in January 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Brookfield Seller: CapitalM Investments Private Limited, Millennia Realtors Private Limited |
| Nov 2019 | Funding round | ₹2.25 Cr | Investors: Millennia Realtors Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Millennia Realtors Private Limited Seller: Cowrks Coworking Spaces Private Limited |
| Oct 2017 | Funding round | ₹1 Cr | Investors: Cowrks Coworking Spaces Private Limited |
| Mar 2017 | Acquisition | Undisclosed | Buyer: Menda Family Office Seller: Millennia Realtors Private Limited , 2 individuals |
To see the full deal history of Cowrks India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cowrks India Private Limited has 2 court cases on record: 2 filed by Cowrks India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against M/S Mahindra Happinest Developers Ltd., | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed by the company against M/S. Future Enterprises Limited | Disposed |
To see the full case history of Cowrks India 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
Cowrks India Private Limited has 52 MSME Form 1 returns on record between 2018 and 2024, listing 464 overdue payments to 48 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 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sigma Byte Computers Private Limited | |||
| an individual supplier | |||
| Benir E Store Solutions Private Limited | |||
| Xtend Designers and Developers Private Limited |
To see the full MSME payment records of Cowrks India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cowrks India Private Limited has a workforce of 177 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Cowrks India has 17 GST registrations: 17 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE7586M1ZV | Karnataka | Active | 19 Jul 2018 |
| 29AABCE7586M2ZU | Karnataka | Active | 26 Apr 2022 |
| 29AABCE7586M1C6 | Karnataka | Active | 30 Apr 2024 |
| 29AABCE7586M3ZT | Karnataka | Active | 14 May 2025 |
To see the full GST registrations and return filing status of Cowrks India Private Limited, buy the company report.
Recent activity
Cowrks India Private Limited has 14 board changes on record since 2017: 2 appointments and 12 cessations. The latest: Nitesh Bhasin ceased to be Additional Director on 24 Mar 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Cowrks India is an active private limited company based in Bangalore, Karnataka, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 31 October 2006 (20+ years old) and is registered under CIN U45201KA2006PTC040807.
Cowrks India has 2 current directors:
- Parul Thakur Patwardhan - Whole-Time Director
- Saurabh Sangal - Whole-Time Director
The latest financial statements of Cowrks India 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 2015 are in the company report.
The GSTIN of Cowrks India is 29AABCE7586M1ZV, registered in Karnataka. The company has 17 GST registrations in all, of which 17 are active. Other active GSTINs include 29AABCE7586M2ZU (Karnataka), 29AABCE7586M1C6 (Karnataka), 29AABCE7586M3ZT (Karnataka).
The CIN (Corporate Identification Number) of Cowrks India is U45201KA2006PTC040807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cowrks India has 2 court cases on record: 2 filed by the company.
Cowrks India was incorporated on 31 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Cowrks India has 11 deals on record (6 secondary share transfers, 3 funding rounds, 1 debt financing), with disclosed funding of ₹485.09 Cr; the latest was in January 2021.
Nitesh Bhasin ceased to be Additional Director on 24 Mar 2025. Saurabh Sangal was appointed as Whole-Time Director on 10 Dec 2024. Saurabh Sangal ceased to be Additional Director on 10 Dec 2024. Cowrks India has 14 board changes on record in total.
Cowrks India has 52 MSME Form 1 returns on record between 2018 and 2024, listing 464 overdue payments to 48 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Cowrks India can be reached through the website cowrks.com. Its registered office is in Bangalore, Karnataka, India.