- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-33-0029400

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
Recognitions & Rankings of Octacorps Solutions
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
- Website
- Social Media
- Registered Address20 Samta Nagar Bedla, Udaipur, Rajasthan, India – 313011
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Octacorps Solutions 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 Octacorps Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 availableOctacorps Solutions Private Limited reported revenue of ₹4.14 Lakh (down 63% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28,568 | ||
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| Net Profit (PAT) | -₹1.51 Lakh | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||
| EBITDA Margin | 6.9% | ||
| Net Profit Margin | -36.4% | ||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Sharma | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Chirag Sharma | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV BADALA & ASSOCIATES | FY 2021 | 022307C |
Shareholding
The shareholding of Octacorps Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Octacorps Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Octacorps Solutions 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 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.
GST
Octacorps Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCO3017D1ZW | Rajasthan | Active | 09 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.
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:
- Jigar Sharma - Director
- Chirag Sharma - Director
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.