MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-28-0002266
Maven Workforce Private Limited - business outsourcing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.29 Cr
▼ 58% YoY
Net loss · FY 2024
₹2.2 Cr
Net margin -95.8%
EBITDA · FY 2024
-₹1.97 Cr
EBITDA margin -85.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹35 Lakh
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Maven Workforce Private Limited
Data last updated:
Maven Workforce Private Limited is a private limited company based in Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2008PTC175393. Its GSTIN is 07AAFCM6719C1ZL (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikas Wadhawan and Vikram Wadhawan.
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 7B Nirman Vihar, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.29 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹2.2 Cr (net margin -95.8%) and EBITDA of -₹1.97 Cr (EBITDA margin -85.8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
The company is associated with 1 brand: Maven Workforce. As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Maven Workforce Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0002266). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mavenworkforce.com.
Company Details of Maven Workforce Private Limited
CIN U74900DL2008PTC175393
Registration Number 175393
Incorporation Date 14 March 2008
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-UP-28-0002266
Key People
Vikas Wadhawan Director Vikram Wadhawan Director Recognitions & Rankings of Maven Workforce
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7B Nirman Vihar, Delhi, India – 110092
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Associated Brands with Maven Workforce Private Limited
Maven Workforce operates one associated brand: Maven Workforce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides recruitment, talent acquisition, and staffing solutions for businesses. | mavenworkforce.com |
Business Activity of Maven Workforce Private Limited
The main business activity of Maven Workforce is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Maven Workforce Private Limited FY 2025 filings available
Maven Workforce Private Limited reported revenue of ₹2.29 Cr (down 58% YoY) for FY 2024.
Revenue · FY 2024
₹2.29 Cr ▼ 58%
Net loss · FY 2024
₹2.2 Cr margin -95.8%
EBITDA · FY 2024
-₹1.97 Cr margin -85.8%
Compounded Annual Growth Rate (CAGR) of Maven Workforce Private Limited
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 20%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 498%
3 years · compounded
▼ 63%
5 years · compounded
▼ 65%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 58% fall in the latest year. EBITDA fell 498% 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 Maven Workforce 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 | -₹1.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.2 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 of Maven Workforce Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -85.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -95.8% | •••• | •••• | •••• | •••• |
| 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 Maven Workforce are in the company report.
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Financial statements from 2015
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Board of Directors of Maven Workforce Private Limited
Maven Workforce has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Wadhawan Also directs: Avj Industries LLP, Ridanshi Buildcon Private Limited, Reagcc Technology Services Private Limited and 1 more | Director | 14 Mar 2008 | 18 Years 7 Months | Current |
| Vikram Wadhawan | Director | 14 Mar 2008 | 18 Years 7 Months | Current |
Peer Comparison of Maven Workforce Private Limited
Maven Workforce Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Huntxpert Resources Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Noida, Uttar Pradesh, India |
| Chinmaya Software Solutions Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Universal Hunt Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Ahmedabad, Gujarat, India |
| Shaan Security Services (OPC) Private Limited | ₹2.3 Cr (FY 2020) | •••• | •••• | -15.0% | •••• | Dharuhera, Haryana, India |
| Glyph Solutions Private Limited | ₹2.29 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Maven Workforce Private Limited this company | ₹2.29 Cr (FY 2024) | •••• | •••• | -58.0% | •••• | Delhi, India |
| Shaum Solutions Private Limited | ₹2.29 Cr (FY 2022) | •••• | •••• | 1116.0% | •••• | Bangalore, Karnataka, India |
| Humanfirst Consulting Private Limited | ₹2.29 Cr (FY 2018) | •••• | •••• | 17.0% | •••• | Delhi, India |
| Aclat Technologies Private Limited | ₹2.29 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Godwins Institutions Private Limited | ₹2.29 Cr (FY 2023) | •••• | •••• | 137.0% | •••• | Thrissur, Kerala, India |
| Wadikar Industries Private Limited | ₹2.28 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Maven Workforce by revenue in the Outsourcing industry (HR Outsourcing), 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 Maven Workforce Private Limited
Maven Workforce Private Limited is audited by Y K G AND ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y K G AND ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Maven Workforce Private Limited
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Charges & Borrowings of Maven Workforce Private Limited
Open charges
₹35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2022 | Axis Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Maven Workforce Private Limited
Maven Workforce Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
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All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Maven Workforce Private Limited
Employment history and EPFO contributions of people linked to Maven Workforce.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Maven Workforce Private Limited
Maven Workforce Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Vikas Wadhawan was appointed as Director on 14 Mar 2008.
AGM
Maven Workforce Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maven Workforce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100558808 was registered on 14 Feb 2022.
Appointed
Vikas Wadhawan was appointed as Director.
Appointed
Vikram Wadhawan was appointed as Director.
Incorporation
14 Mar 2008
Maven Workforce Private Limited was registered on 14 Mar 2008 with Roc Delhi & aged 18 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Maven Workforce Private Limited
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MSME Payment Delays by Maven Workforce Private Limited
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Subsidiaries & Group Companies of Maven Workforce Private Limited
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GST Compliance of Maven Workforce Private Limited
Maven Workforce has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCM6719C1ZL | Delhi | Active | 01 Jul 2017 |
| 09AAFCM6719C1ZH | Uttar Pradesh | Active | 28 Jul 2017 |
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MCA Filings & Documents of Maven Workforce Private Limited
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Related news about Maven Workforce Private Limited
Frequently Asked Questions about Maven Workforce Private Limited
Maven Workforce is an active private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 March 2008 (18+ years old) and is registered under CIN U74900DL2008PTC175393.
Maven Workforce reported revenue of ₹2.29 Cr for FY 2024 (down 58% YoY).
Maven Workforce has 2 current directors:
- Vikas Wadhawan - Director
- Vikram Wadhawan - Director
Maven Workforce reported a net loss of ₹2.2 Cr (net margin -95.8%) and EBITDA of -₹1.97 Cr (EBITDA margin -85.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maven Workforce is -20% over three years and -8% over five years. In the latest year (FY 2024) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maven Workforce is 07AAFCM6719C1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAFCM6719C1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Maven Workforce is U74900DL2008PTC175393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maven Workforce has 5 court cases on record: 5 filed against it. 1 is pending.
Maven Workforce was incorporated on 14 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Maven Workforce by revenue are Huntxpert Resources Private Limited, Chinmaya Software Solutions Private Limited, Universal Hunt Private Limited, Shaan Security Services (OPC) Private Limited, Glyph Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Vikas Wadhawan was appointed as Director on 14 Mar 2008. Vikram Wadhawan was appointed as Director on 14 Mar 2008.