Onward Eservices Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U72900MH2003PLC140979 Incorporated 19 June 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company information technology
Data last updated
Revenue · FY 2020
₹59.24 Cr
▼ 5.00% YoY
EBITDA · FY 2020
Locked
In full report
Net profit · FY 2020
Locked
In full report
Authorised capital
₹24.62 Cr
Registered with MCA
Paid-up capital
₹24.62 Cr
Issued & subscribed
Open charges
None
Satisfied ₹24.24 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
504
Latest available

About Onward Eservices Limited

Data last updated: 24 July 2025

Onward Eservices Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Onward Technologies Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 19 June 2003.

Registered with ROC Mumbai under CIN U72900MH2003PLC140979.

Capital: an authorised share capital of ₹24.62 Cr and a paid-up capital of ₹24.62 Cr. Formerly known as Onsoft Technologies Limited. It was led by directors including Sankar Venkatanarayanan and Parish Arun Meghani.

Last AGM: 14 July 2020. Financial statements filed for year ended 31 March 2020. Office: Sterling Centre 2Nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018.

As per the financials filed for FY 2020, the company reported a revenue of ₹59.24 Cr, a decline of 5% compared to the previous year.

The company had a reported workforce of approximately 504 employees prior to being dissolved. It operated as a subsidiary of Onward Technologies Limited.

The company was associated with 1 brand - Onward Technologies. As per MCA filings, the company had satisfied charges of ₹24.24 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is onwardgroup.com.

Company Details of Onward Eservices Limited
CIN U72900MH2003PLC140979
Registration Number 140979
Incorporation Date 19 June 2003
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 14 July 2020
Date of Balance Sheet 31 March 2020
Parent Company Onward Technologies Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Sterling Centre 2Nd Floor Dr. A.B. Road Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Onward Eservices Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Onward Eservices Limited

Onward Eservices Limited has one previous CIN (Corporate Identification Number): U72900MH2003PTC140979. The current CIN is U72900MH2003PLC140979, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U72900MH2003PLC140979 Current
U72900MH2003PTC140979 Previous

Associated Brands with Onward Eservices Limited

Onward Eservices Limited operates one associated brand: Onward Technologies. These brands represent Onward Eservices Limited's diversified market presence and brand portfolio.

Brand Description Website
Digital and ER&D services are provided via software outsourcing. onwardgroup.com

Competitors & Alternatives of Onward Eservices Limited

Brands and companies operating in the same space as Onward Eservices Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services. Richardson, United States, United States 2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions. London, United Kingdom, United Kingdom 2000
Accenture Accenture IT and management consultancy services are provided globally. Dublin, Ireland, Ireland 1989
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Onward Eservices Limited

Onward Eservices Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.

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
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Auditor Details of Onward Eservices Limited

Onward Eservices Limited is audited by SHAH KHANDELWAL JAIN & ASSOCIATES for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
SHAH KHANDELWAL JAIN & ASSOCIATES Locked Locked Locked
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Board of Directors and KMP of Onward Eservices Limited

Onward Eservices Limited currently reports 3 directors and 1 key managerial person. 14 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Sankar Venkatanarayanan Director 23 Oct 2019 6 Years 9 Months As last reported
Devanand Ramandasani Cfo 23 Oct 2019 6 Years 9 Months As last reported
Parish Arun Meghani Director 15 May 2018 8 Years 2 Months As last reported
Jigar Harish Mehta Whole-Time Director 16 May 2016 10 Years 2 Months As last reported

Financials of Onward Eservices Limited FY 2020 filings available

Onward Eservices Limited reported revenue of ₹59.24 Cr (down 5.00% YoY) for FY 2020.

Revenue · FY 2020
₹59.24 Cr ▼ 5.00%
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Ownership and Shareholding of Onward Eservices Limited

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Charges & Borrowings of Onward Eservices Limited

Open charges
₹0
Satisfied charges
₹24.24 Cr
Breakdown by lending institutions
Yes Bank Limited₹11.45 Cr
Others₹7.50 Cr
Sicom Limited₹4.00 Cr
Axis Bank Limited₹1.29 Cr
Latest charge details
DateLenderAmountStatus
07 Jan 2020 Yes Bank Limited ₹2 Cr Satisfied
26 Mar 2018 Yes Bank Limited ₹9.45 Cr Satisfied
10 Dec 2009 Others ₹7.5 Cr Satisfied
06 Oct 2009 Axis Bank Limited ₹1.29 Cr Satisfied
04 Sep 2003 Sicom Limited ₹4 Cr Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Onward Eservices Limited

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Employee and EPFO history for Onward Eservices Limited

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GST Compliance of Onward Eservices Limited

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GST registrations and filing compliance for Onward Eservices Limited

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Credit Ratings, Litigation & Regulatory Alerts for Onward Eservices Limited

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MSME Payment Delays by Onward Eservices Limited

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MSME payment history for Onward Eservices Limited

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Subsidiaries & Group Companies of Onward Eservices Limited

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Corporate group structure for Onward Eservices Limited

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MCA Filings & Documents of Onward Eservices Limited

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MCA filings and documents for Onward Eservices Limited

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Recent Activity on Onward Eservices Limited

Charges
28 Jul 2020
A charge registered on 07 Jan 2020 via Charge ID 100327288 with Yes Bank Limited was fully satisfied on 28 Jul 2020.
Activity
14 Jul 2020
Onward Eservices Limited last Annual general meeting of members was held on 14 Jul 2020 as per latest MCA records.
Activity
31 Mar 2020
Onward Eservices Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Charges
15 Jan 2020
A charge registered on 26 Mar 2018 via Charge ID 100179922 with Yes Bank Limited was fully satisfied on 15 Jan 2020.
Charges
07 Jan 2020
A charge with Yes Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100327288 was registered on 07 Jan 2020.
Directors
23 Oct 2019
Devanand Ramandasani was appointed as a CFO on 23 Oct 2019 & has been associated with this company since 6 years 9 months.

Recent News on Onward Eservices Limited

Frequently Asked Questions about Onward Eservices Limited

Onward Eservices Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Onward Eservices Limited is a amalgamated public limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 19 June 2003 and is registered under CIN U72900MH2003PLC140979. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Onward Eservices Limited was incorporated on 19 June 2003. Registered with ROC Mumbai.

The current directors and KMP of Onward Eservices Limited are:

The CIN (Corporate Identification Number) of Onward Eservices Limited is U72900MH2003PLC140979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Onward Eservices Limited is information technology. The company specifically operates in IT consulting and support services.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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