About Ojas Innovative Technologies Private Limited
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Ojas Innovative Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PTC073019. Its GSTIN is 36AABCO4337J1ZD (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Raghuveer and Sanjeeva Reddy Pakala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.59 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 3%) and EBITDA of ₹2.71 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 26% over five years.
The company has about 364 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ojas Innovative Technologies and Hashblocks. As per MCA filings, the company has open charges of ₹49.36 Lakh and satisfied charges of ₹12.4 Cr on record. Court records list 33 cases involving the company, including 28 filed by the company and 3 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2024. Its 10 peer companies in the Outsourcing industry (HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Olive Greens Manpower Solutions Pvt Ltd with revenue of ₹34.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ojas-it.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 31 & 32 Ramky Selenium Tower – B 5th Floor Nanakramguda Financial Distr, Ict, Hyderabad, Telangana, India – 500032
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Ojas Innovative Technologies Private Limited
The main business activities of Ojas Innovative Technologies are information and communication and support service to organizations. In detail, this covers computer programming, consultancy and related activities and placement agencies and hr management services. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ojas Innovative Technologies Private Limited FY 2024 filings available
Ojas Innovative Technologies Private Limited reported revenue of ₹34.59 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ojas Innovative Technologies Private Limited
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 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 of Ojas Innovative Technologies 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Ojas Innovative Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Ojas Innovative Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies 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 |
|---|---|---|---|---|---|---|
| Olive Greens Manpower Solutions Pvt Ltd | ₹34.66 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Chandigarh, India |
| Color Sortex Machinery Private Limited | ₹34.66 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Bavla, Gujarat, India |
| Nexa Manpower & Trading Services Private Limited | ₹34.63 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Jaintia Hills, Meghalaya, India |
| Iconphygital Private Limited | ₹34.62 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Thane, Maharashtra, India |
| Creospan Private Limited | ₹34.59 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Pune, Maharashtra, India |
| Ojas Innovative Technologies Private Limited this company | ₹34.59 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Hyderabad, Telangana, India |
| Hanseswari Corporate Manpower Management Limited | ₹34.59 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Hooghly, West Bengal, India |
| Fidelity Manpower Services Private Limited | ₹34.57 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Gurgaon, Haryana, India |
| KNK Ship Management Private Limited | ₹34.49 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Mumbai, Maharashtra, India |
| Reliant Industrial Solutions Private Limited | ₹34.3 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Nizar, Gujarat, India |
| Suraj Associates Private Limited | ₹34.21 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ojas Innovative Technologies 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 Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies Private Limited is audited by S B S AND COMPANY LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B S AND COMPANY LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeeva Reddy Pakala | Additional Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Kavya Nalluri | Additional Director | 28 Feb 2024 | 2 Years 7 Months | Current |
| Raghuveer | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Amardeep Kumar Also directs: Rhett Herbals Private Limited, Swastik Ghee Private Limited, Blulife International Limited and 5 more | Additional Director | 02 Feb 2024 | 2 Years 8 Months | Current |
Ownership and Shareholding of Ojas Innovative Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ojas Innovative Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2022 | Hdfc Bank Limited | ₹20.28 Lakh | Open |
| 28 Aug 2021 | Axis Bank Limited | ₹29.08 Lakh | Open |
| 10 Jan 2023 | Others | ₹7 Cr | Satisfied |
| 17 Aug 2018 | Others | ₹50 Lakh | Satisfied |
| 14 Dec 2017 | Hdfc Bank Limited | ₹4.9 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2017 | Funding round | ₹99 Lakh | Investors: 4 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies Private Limited has 33 court cases on record: 28 filed by Ojas Innovative Technologies, 3 filed against it, 2 where it is another party. 4 cases are pending and 29 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 3 | 3 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Indusind Bank Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| High Court for State of Telangana | Court case (CRLP) | Company is another party | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 33 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies operates two associated brands: Ojas Innovative Technologies and Hashblocks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT staff augmentation, software development, and testing services worldwide. | ojas-it.com | |
| IT internship and training programs focused on software engineering in Hyderabad, India. | hashblocks.ai |
Employees and EPFO Compliance at Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies Private Limited has a workforce of 364 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies has one previous CIN (Corporate Identification Number): U72200AP2011PTC073019. The current CIN is U72200TG2011PTC073019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2011PTC073019 | Current |
| U72200AP2011PTC073019 | Previous |
Recent Activity on Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies Private Limited has 16 board changes on record since 2015: 4 appointments and 12 cessations. The latest: Raghuveer was appointed as Director on 27 Sep 2024.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ojas Innovative Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ojas Innovative Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ojas Innovative Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCO4337J1ZD | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ojas Innovative Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Ojas Innovative Technologies Private Limited
Frequently Asked Questions about Ojas Innovative Technologies Private Limited
Ojas Innovative Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 March 2011 (15+ years old) and is registered under CIN U72200TG2011PTC073019.
Ojas Innovative Technologies reported revenue of ₹34.59 Cr for FY 2024 (down 28% YoY).
Ojas Innovative Technologies has 4 current directors:
- Sanjeeva Reddy Pakala - Additional Director
- Kavya Nalluri - Additional Director
- Raghuveer - Director
- Amardeep Kumar - Additional Director
Ojas Innovative Technologies reported a net profit of ₹1.05 Cr (net margin 3%) and EBITDA of ₹2.71 Cr (EBITDA margin 7.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ojas Innovative Technologies is -2% over three years and 26% over five years. In the latest year (FY 2024) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ojas Innovative Technologies is 36AABCO4337J1ZD, registered in Telangana. 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 Ojas Innovative Technologies is U72200TG2011PTC073019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ojas Innovative Technologies has 33 court cases on record: 28 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Ojas Innovative Technologies was incorporated on 02 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ojas Innovative Technologies has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2024.
The peers of Ojas Innovative Technologies by revenue are Olive Greens Manpower Solutions Pvt Ltd, Color Sortex Machinery Private Limited, Nexa Manpower & Trading Services Private Limited, Iconphygital Private Limited, Creospan Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).