About Open Dhi Private Limited
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Open Dhi Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC314735. Its GSTIN is 27AAGCN2126D1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.8 Cr. It was formerly known as Newforce Global Services India Private Limited. It is led by directors including Radha Racha Shrinivas and Ganesh Gangadhar Kandlapalli.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.95 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹19.81 Lakh (net margin 0.2%) and EBITDA of ₹2.27 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Newforceltd. As per MCA filings, the company has open charges of ₹5.2 Cr on record. The company has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹73.1 Lakh; the latest was in March 2024. Its 10 peer companies in the Outsourcing industry (Consulting Services, Diversified BPO) are compared by revenue, 5 larger and 5 smaller; the largest is 3S Touch Service Solutions Private Limited with revenue of ₹80.51 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 newforceltd.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressWework Vaswani Chambers 2nd Floor 264 – 265 Dr Annie Besant Rd, Municipal Colony Worli Shivaji Nagar Worli, Mumbai, Maharashtra, India – 400030
- IndustryBusiness Outsourcing, Business & IT Consulting, Business Process Outsourcing
- 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 Open Dhi Private Limited
The main business activity of Open Dhi is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| 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 Open Dhi Private Limited FY 2025 filings available
Open Dhi Private Limited reported revenue of ₹79.95 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Open Dhi Private Limited
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 109%. EBITDA rose 28% 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 Open Dhi 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.81 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 of Open Dhi Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Open Dhi are in the company report.
Financial statements from FY 2019
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 Open Dhi Private Limited
Open Dhi Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 3S Touch Service Solutions Private Limited | ₹80.51 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Cheers Interactive (India) Private Limited | ₹80.45 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Business Match Services (India) Private Limited | ₹80.26 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Nitcon Limited | ₹80.18 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Chandigarh, India |
| Tangoe India Softek Services Private Limited | ₹80.03 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Open Dhi Private Limited this company | ₹79.95 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Slsuresh Silverware Private Limited | ₹79.86 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Techno Economic Services Pvt Ltd | ₹79.65 Cr (FY 2020) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Radical Minds Technologies Private Limited | ₹79.62 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Protons Corporate Services Private Limited | ₹79.61 Cr (FY 2025) | •••• | •••• | 263.0% | •••• | Pardi, Gujarat, India |
| Infollion Research Services Limited | ₹79.54 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Open Dhi by revenue in the Outsourcing industry (Consulting Services, Diversified BPO), 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 Open Dhi Private Limited
Open Dhi Private Limited is audited by GUPTA VINEY & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUPTA VINEY & ASSOCIATES | 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 Open Dhi Private Limited
Open Dhi has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Racha Shrinivas Also directs: Adt Global Services Private Limited | Director | 28 Dec 2018 | 7 Years 9 Months | Current |
| Ganesh Gangadhar Kandlapalli Also directs: Dhi Hyperlocal Private Limited | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Roja Jyothi Palepu Also directs: Dhi Hyperlocal Private Limited | Additional Director | 01 Dec 2025 | 0 Years 10 Months | Current |
| Racha Yadagiri Shrinivas | Director | 28 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Open Dhi 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 Open Dhi Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹1.7 Cr | Open |
| 28 Oct 2021 | Others | ₹3.5 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Open Dhi Private Limited
Open Dhi Private Limited has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹73.1 Lakh; the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹1.83 Cr | Investors: an individual |
| Mar 2023 | Funding round | ₹17 Lakh | Investors: an individual |
| Jul 2021 | Funding round | ₹56.1 Lakh | Investors: Newforce Global Services Limited |
| Mar 2021 | Rights issue | ₹53.8 Lakh | Investors: 2 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 5 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.
Associated Brands with Open Dhi Private Limited
Open Dhi operates one associated brand: Newforceltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers recruitment for tech jobs abroad with visa sponsorship and relocation aid. | newforceltd.com |
Employees and EPFO Compliance at Open Dhi Private Limited
Open Dhi Private Limited has a workforce of 43 employees as of Apr 08, 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.
Group Structure of Open Dhi Private Limited
Open Dhi has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Open Dhi Private Limited
Open Dhi Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Roja Jyothi Palepu was appointed as Additional Director on 01 Dec 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Open Dhi 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 Open Dhi 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 Open Dhi 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 Open Dhi Private Limited
Open Dhi has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN2126D1ZU | Maharashtra | Active | 06 Nov 2018 |
| 36AAGCN2126D1ZV | Telangana | Active | 07 Aug 2020 |
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 Open Dhi 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.
Frequently Asked Questions about Open Dhi Private Limited
Open Dhi is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 September 2018 (8+ years old) and is registered under CIN U74999MH2018PTC314735.
Open Dhi reported revenue of ₹79.95 Cr for FY 2024 (down 6% YoY).
Open Dhi has 4 current directors:
- Radha Racha Shrinivas - Director
- Ganesh Gangadhar Kandlapalli - Director
- Roja Jyothi Palepu - Additional Director
- Racha Yadagiri Shrinivas - Director
Open Dhi reported a net profit of ₹19.81 Lakh (net margin 0.2%) and EBITDA of ₹2.27 Cr (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Open Dhi is 109% over three years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Open Dhi is 27AAGCN2126D1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAGCN2126D1ZV (Telangana).
The CIN (Corporate Identification Number) of Open Dhi is U74999MH2018PTC314735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Open Dhi was incorporated on 25 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Open Dhi has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹73.1 Lakh; the latest was in March 2024.
The peers of Open Dhi by revenue are 3S Touch Service Solutions Private Limited, Cheers Interactive (India) Private Limited, Business Match Services (India) Private Limited, Nitcon Limited, Tangoe India Softek Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Diversified BPO).
Roja Jyothi Palepu was appointed as Additional Director on 01 Dec 2025. Ganesh Gangadhar Kandlapalli ceased to be Additional Director on 29 Sep 2024. Ganesh Gangadhar Kandlapalli was appointed as Director on 01 Feb 2024. Open Dhi has 8 board changes on record in total.