Octacorps Solutions Private Limited

Octacorps Solutions Private Limited - information technology in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN U72900RJ2020PTC071768 Incorporated 26 October 2020 ROC Jaipur HQ Udaipur, Rajasthan, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2023
₹4.14 Lakh
▼ 63% YoY
Net loss · FY 2023
₹1.51 Lakh
Net margin -36.4%
EBITDA · FY 2023
₹28,568
EBITDA margin 6.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Octacorps Solutions Private Limited

Data last updated:

Octacorps Solutions Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 October 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2020PTC071768. Its GSTIN is 08AADCO3017D1ZW (Rajasthan).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jigar Sharma and Chirag Sharma.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 20 Samta Nagar Bedla, Udaipur, Rajasthan, India – 313011.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.14 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.51 Lakh (net margin -36.4%) and EBITDA of ₹28,568 (EBITDA margin 6.9%).

Octacorps Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0029400). For more details, the company can be reached via its website octacorps.com.

Company details

CIN U72900RJ2020PTC071768
Registration Number 071768
Incorporation Date 26 October 2020
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-RJ-33-0029400

Recognitions & Rankings of Octacorps Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-RJ-33-0029400

Contact details

Octacorps Solutions Private Limited's registered office is in Udaipur, Rajasthan. Its website is octacorps.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    20 Samta Nagar Bedla, Udaipur, Rajasthan, India – 313011
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Octacorps Solutions Private Limited, buy the company report.

Comprehensive company report
Octacorps Solutions Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Octacorps Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Octacorps Solutions Private Limited, buy the company report.

Financials of Octacorps Solutions Private Limited

FY 2023 filings available

Octacorps Solutions Private Limited reported revenue of ₹4.14 Lakh (down 63% YoY) for FY 2023.

Revenue · FY 2023
₹4.14 Lakh ▼ 63%
Net loss · FY 2023
₹1.51 Lakh margin -36.4%
EBITDA · FY 2023
₹28,568 margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 63%
EBITDA CAGR growth
1 year
▼ 77%

Revenue fell 63% in the latest year. EBITDA fell 77% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
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₹28,568
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.51 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

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.9%
Net Profit Margin-36.4%
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 Octacorps Solutions Private Limited, buy the company report.

Board of directors of Octacorps Solutions Private Limited

Octacorps Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jigar SharmaDirector26 Oct 20206 Years 0 MonthsCurrent
Chirag SharmaDirector26 Oct 20206 Years 0 MonthsCurrent

Peer comparison

Octacorps Solutions Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pradhyotha Private Limited₹4.15 Lakh (FY 2022)-22.0%Bangalore, Karnataka, India
Ius Technologies Private Limited₹4.15 Lakh (FY 2021)Bhubaneswar, Odisha, India
Idmine Technologies Private Limited₹4.15 Lakh (FY 2020)Bangalore, Karnataka, India
Octacorps Solutions Private Limitedthis company₹4.14 Lakh (FY 2023)-₹1.51 Lakh-36.4%-63.0%Udaipur, Rajasthan, India
Ayvids Technologies Private Limited₹4.14 Lakh (FY 2022)248.0%Faizabad, Uttar Pradesh, India
Tartan Technology Private Limited₹4.14 Lakh (FY 2017)-63.0%Bangalore, Karnataka, India
Orbit Technical Solutions Private Limited₹4.14 Lakh (FY 2016)-94.0%Chandigarh, India
GBL Infosolutions Private Limited₹4.14 Lakh (FY 2025)7.0%Kanpur, Uttar Pradesh, India

To see the full peer comparison of Octacorps Solutions Private Limited, buy the company report.

Auditor

Octacorps Solutions Private Limited is audited by GAURAV BADALA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
GAURAV BADALA & ASSOCIATESFY 2021022307C

Shareholding

The shareholding of Octacorps Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Octacorps Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Octacorps Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Octacorps Solutions Private Limited has 1 active EPFO establishment as of Apr 02, 2024.

Active EPFO establishments
1

GST

Octacorps Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AADCO3017D1ZWRajasthanActive09 Nov 2020

To see the full GST registrations and return filing status of Octacorps Solutions Private Limited, buy the company report.

Recent activity

Octacorps Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chirag Sharma was appointed as Director on 26 Oct 2020.

AGM
Octacorps Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Octacorps Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Appointed
Chirag Sharma was appointed as Director.
Appointed
Jigar Sharma was appointed as Director.
Incorporation
26 Oct 2020
Octacorps Solutions Private Limited was registered on 26 Oct 2020 with Roc Jaipur & aged 6 years 3 days as per MCA records.

Frequently asked questions

Octacorps Solutions is an active private limited company based in Udaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 October 2020 (6+ years old) and is registered under CIN U72900RJ2020PTC071768.

Octacorps Solutions has 2 current directors:

The latest financial statements of Octacorps Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Octacorps Solutions is 08AADCO3017D1ZW, registered in Rajasthan.

The CIN (Corporate Identification Number) of Octacorps Solutions is U72900RJ2020PTC071768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Octacorps Solutions was incorporated on 26 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.

The peers of Octacorps Solutions by revenue are Pradhyotha Private Limited, Ius Technologies Private Limited, Idmine Technologies Private Limited, Ayvids Technologies Private Limited, Tartan Technology Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Chirag Sharma was appointed as Director on 26 Oct 2020. Jigar Sharma was appointed as Director on 26 Oct 2020.

Yes, Octacorps Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-33-0029400).

Octacorps Solutions can be reached through the website octacorps.com. Its registered office is in Udaipur, Rajasthan, India.

The registered office of Octacorps Solutions is at 20 Samta Nagar Bedla, Udaipur, Rajasthan, India – 313011.