About Morae Services India Private Limited
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Morae Services India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Morae Global Corporation. It operates in the legal process outsourcing segment of the business process outsourcing sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020FTC132061. Its GSTIN is 29AANCM2794H2ZT (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Brian Lee Flack and Shahzad Bashir.
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 Block C4 (Elm) Ground Floor Wing A Embassy Manyata Business Park Nagawara, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.78 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹4.61 Cr (net margin 9.1%) and EBITDA of ₹7.56 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company has about 251 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website moraeglobal.com.
Company details
Contact details
Morae Services India Private Limited's registered office is in Bangalore, Karnataka. Its website is moraeglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock C4 (Elm) Ground Floor Wing A Embassy Manyata Business Park Nagawara, Bangalore, Karnataka, India – 560045
- IndustryBusiness Outsourcing, Legal Process Outsourcing
To see the full contact details of Morae Services 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
Business activity
The main business activity of Morae Services India is professional, scientific and technical. In detail, this covers legal activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M1 | Legal activities |
To see the full business activity and turnover split of Morae Services India Private Limited, buy the company report.
Financials of Morae Services India Private Limited
FY 2025 filings availableMorae Services India Private Limited reported revenue of ₹50.78 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 19% growth in the latest year. EBITDA rose 21% 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 | ₹7.56 Cr | ||||
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| Net Profit (PAT) | ₹4.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 9.1% | ||||
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To see the full financial statements and ratios of Morae Services India Private Limited, buy the company report.
Board of directors of Morae Services India Private Limited
Morae Services India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brian Lee Flack Also directs: Exigent Services Private Limited | Director | 15 Sep 2023 | 3 Years 1 Months | Current |
| Shahzad Bashir | Director | 28 Jan 2020 | 6 Years 9 Months | Current |
| Anitha Sujith | Additional Director | 01 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Morae Services India Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2023 | 121750W/W-100010 |
Shareholding
The shareholding of Morae Services India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Morae Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Morae Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Morae Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Morae Services India Private Limited has a workforce of 251 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Morae Services India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM2794H2ZT | Karnataka | Active | 04 Aug 2020 |
To see the full GST registrations and return filing status of Morae Services India Private Limited, buy the company report.
Recent activity
Morae Services India Private Limited has 11 board changes on record since 2020: 3 appointments and 8 cessations. The latest: Anitha Sujith was appointed as Additional Director on 01 Nov 2024.
2 earlier events are in the company report.
Frequently asked questions
Morae Services India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in legal process outsourcing, within the business outsourcing industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U74999KA2020FTC132061.
Morae Services India has 3 current directors:
- Brian Lee Flack - Director
- Shahzad Bashir - Director
- Anitha Sujith - Additional Director
The latest financial statements of Morae Services 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 FY 2020 are in the company report.
The GSTIN of Morae Services India is 29AANCM2794H2ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Morae Services India is U74999KA2020FTC132061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morae Services India was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Anitha Sujith was appointed as Additional Director on 01 Nov 2024. Siddappa Roopa ceased to be Additional Director on 01 Nov 2024. Brian Lee Flack ceased to be Additional Director on 28 Sep 2023. Morae Services India has 11 board changes on record in total.
Morae Services India can be reached through the website moraeglobal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Morae Services India is at Block C4 Elm Ground Floor Wing A Embassy Manyata Business Park Nagawara, Bangalore, Karnataka, India – 560045.
Morae Services India operates in the business outsourcing industry, in the legal process outsourcing segment.