Open Weaver India Private Limited

Open Weaver India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2020FTC134939 Incorporated 17 March 2020 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹13.93 Cr
▼ 17% YoY
Net profit · FY 2025
₹44.96 Lakh
Net margin 3.2%
EBITDA · FY 2025
₹80.89 Lakh
EBITDA margin 5.8%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1.52 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
55
Provident fund records
Directors on board
3
As per MCA filings

About Open Weaver India Private Limited

Data last updated:

Open Weaver India Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 17 March 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020FTC134939. Its GSTIN is 33AADCO1446N1ZD (Tamil Nadu).

The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.52 Cr. It is led by directors including Rakesh Chandulal Shah and Raghunath Sitaram Ramdas.

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 Rmz Millennia Business Park, Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹13.93 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹44.96 Lakh (net margin 3.2%) and EBITDA of ₹80.89 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.

The company has about 55 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Open Weaver.

For more details, the company can be reached via its website openweaver.com.

Company details

CIN U72900TN2020FTC134939
Registration Number 134939
Incorporation Date 17 March 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Open Weaver India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is openweaver.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Rmz Millennia Business Park, No.143 Dr.M.G.R.Road, Chennai, Tamil Nadu, India – 600096
  • Industry
    Information Technology, SaaS (Software as a Service) Providers

To see the full contact details of Open Weaver India Private Limited, buy the company report.

Comprehensive company report
Open Weaver India 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
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Brands

Open Weaver India operates one associated brand: Open Weaver. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive solutions in application development, cloud, and integration services.openweaver.com

Business activity

The main business activity of Open Weaver India 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 Open Weaver India Private Limited, buy the company report.

Financials of Open Weaver India Private Limited

FY 2025 filings available

Open Weaver India Private Limited reported revenue of ₹13.93 Cr (down 17% YoY) for FY 2025.

Revenue · FY 2025
₹13.93 Cr ▼ 17%
Net profit · FY 2025
₹44.96 Lakh margin 3.2%
EBITDA · FY 2025
₹80.89 Lakh margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 19%

Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 41% 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

MetricsFY 2024-25FY 2023-24FY 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₹80.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹44.96 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.8%
Net Profit Margin3.2%
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

To see the full financial statements and ratios of Open Weaver India Private Limited, buy the company report.

Board of directors of Open Weaver India Private Limited

Open Weaver India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Chandulal ShahDirector17 Mar 20206 Years 7 MonthsCurrent
Raghunath Sitaram RamdasDirector17 Mar 20206 Years 7 MonthsCurrent
Balasubramanian AshokDirector06 Sep 20215 Years 1 MonthsCurrent

Peer comparison

Open Weaver India Private Limited is compared with the 9 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
Blattner Technologies India Private Limited₹13.95 Cr (FY 2024)14.0%Vadodara, Gujarat, India
Live Deftsoft Informatics Private Limited₹13.95 Cr (FY 2024)2.0%Mohali, Punjab, India
Emarket Solutions Private Limited₹13.94 Cr (FY 2022)Delhi, India
Srija Solutions Private Limited₹13.93 Cr (FY 2024)144.0%Hyderabad, Telangana, India
Oris Technologies India Private Limited₹13.93 Cr (FY 2024)23.0%Pune, Maharashtra, India
Open Weaver India Private Limitedthis company₹13.93 Cr (FY 2025)₹44.96 Lakh3.2%-17.0%55Chennai, Tamil Nadu, India
3Frames Software Labs Private Limited₹13.92 Cr (FY 2025)0.0%Bangalore, Karnataka, India
Mastercom Technology Services India Private Limited₹13.91 Cr (FY 2025)-1.0%Bengaluru, Karnataka, India
Idmission Solutions Private Limited₹13.86 Cr (FY 2025)-10.0%Pune, Maharashtra, India
Proyuga Advanced Technologies Limited₹13.85 Cr (FY 2025)3.0%Hyderabad, Telangana, India

To see the full peer comparison of Open Weaver India Private Limited, buy the company report.

Auditor

Open Weaver India Private Limited is audited by PRABHAVATHY AND CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRABHAVATHY AND COFY 2023018221S

Shareholding

The shareholding of Open Weaver India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Open Weaver India Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Open Weaver India Private Limited has a workforce of 55 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
55
Active EPFO establishments
1
Employee growth
34.15%

GST

Open Weaver India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AADCO1446N1ZDTamil NaduActive10 Jun 2020

To see the full GST registrations and return filing status of Open Weaver India Private Limited, buy the company report.

Recent activity

Open Weaver India Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Balasubramanian Ashok ceased to be Additional Director on 30 Nov 2021.

AGM
Open Weaver India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Open Weaver India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Balasubramanian Ashok ceased to be Additional Director.
Appointed
Balasubramanian Ashok was appointed as Director.
Appointed
Raghunath Sitaram Ramdas was appointed as Director.
Appointed
Rakesh Chandulal Shah was appointed as Director.
Incorporation
17 Mar 2020
Open Weaver India Private Limited was registered on 17 Mar 2020 with Roc Chennai & aged 6 years 7 months as per MCA records.

Frequently asked questions

Open Weaver India is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 17 March 2020 (6+ years old) and is registered under CIN U72900TN2020FTC134939.

Open Weaver India has 3 current directors:

The latest financial statements of Open Weaver India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Open Weaver India is 33AADCO1446N1ZD, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Open Weaver India is U72900TN2020FTC134939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Open Weaver India was incorporated on 17 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Open Weaver India by revenue are Blattner Technologies India Private Limited, Live Deftsoft Informatics Private Limited, Emarket Solutions Private Limited, Srija Solutions Private Limited, Oris Technologies India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).

Balasubramanian Ashok ceased to be Additional Director on 30 Nov 2021. Balasubramanian Ashok was appointed as Director on 06 Sep 2021. Raghunath Sitaram Ramdas was appointed as Director on 17 Mar 2020. Open Weaver India has 4 board changes on record in total.

Open Weaver India can be reached through the website openweaver.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Open Weaver India is at Rmz Millennia Business Park, No.143 Dr.M.G.R.Road, Chennai, Tamil Nadu, India – 600096.

Open Weaver India operates in the information technology industry, in the saas (software as a service) providers segment.