About Oracle (Ofss) Asp Private Limited
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Oracle (Ofss) Asp Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Oracle Financial Services Software Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 16 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2001PTC131264. Its GSTIN is 27AAACF5427D3ZW (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹5.17 Cr. It was formerly known as Flexcel International Private Limited. It is led by directors including Avadhut Digambar Ketkar and Priyanshu Rajendra Bhatt.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Oracle Park Off. Western Express Highway Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.2 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹10.19 Lakh (net margin 77.2%) and EBITDA of ₹12.26 Lakh (EBITDA margin 92.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹1.7 Cr on record. The company has 2 deals on record (2 acquisitions); the latest was in March 2008.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oracle.com.
Company details
Contact details
Oracle (Ofss) Asp Private Limited's registered office is in Mumbai, Maharashtra. Its website is oracle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOracle Park Off. Western Express Highway Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Oracle (Ofss) Asp 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
Financials of Oracle (Ofss) Asp Private Limited
FY 2025 filings availableOracle (Ofss) Asp Private Limited reported revenue of ₹13.2 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 5% 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
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| EBITDA | ₹12.26 Lakh | ||||
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| Net Profit (PAT) | ₹10.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 92.9% | ||||
| Net Profit Margin | 77.2% | ||||
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To see the full financial statements and ratios of Oracle (Ofss) Asp Private Limited, buy the company report.
Board of directors of Oracle (Ofss) Asp Private Limited
Oracle (Ofss) Asp has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avadhut Digambar Ketkar | Director | 20 Nov 2009 | 16 Years 11 Months | Current |
| Priyanshu Rajendra Bhatt | Director | 08 May 2019 | 7 Years 5 Months | Current |
| Manish Jagdish Bhandari | Director | 28 Jul 2015 | 11 Years 2 Months | Current |
Auditor
Oracle (Ofss) Asp Private Limited is audited by Mukund M. Chitale & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukund M. Chitale & Co. | FY 2023 | 106655W |
Shareholding
The shareholding of Oracle (Ofss) Asp Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
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To see the full shareholding pattern of Oracle (Ofss) Asp Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2006 | 10013650 | ₹35 Lakh | Satisfied | ||
| 28 Mar 2006 | 10121227 | Hdfc Bank Limited | ₹30 Lakh | Satisfied | |
| 28 Mar 2006 | 10148417 | Hdfc Bank Limited | ₹30 Lakh | Satisfied | |
| 20 Dec 2002 | 80060335 | Hdfc Bank Ltd. | ₹75 Lakh | Satisfied |
To see the full charge records of Oracle (Ofss) Asp Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Oracle (Ofss) Asp Private Limited has 2 deals on record (2 acquisitions); the latest was in March 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Acquisition | Undisclosed | Buyer: Oracle Financial Services Software Limited Seller: HDFC Bank Limited , Lord Krishna Bank Ltd |
| Jul 2002 | Acquisition | ₹3.99 Cr | Buyer: Lord Krishna Bank Ltd Seller: Oracle Financial Services Software Limited , HDFC Bank Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Oracle (Ofss) Asp 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 Oracle (Ofss) Asp Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oracle (Ofss) Asp Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Oracle (Ofss) Asp has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF5427D3ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oracle (Ofss) Asp Private Limited, buy the company report.
Recent activity
Oracle (Ofss) Asp Private Limited has 19 board changes on record since 2007: 3 appointments and 16 cessations. The latest: Priyanshu Rajendra Bhatt ceased to be Additional Director on 31 Jul 2019.
18 earlier events are in the company report.
News
Frequently asked questions
Oracle (Ofss) Asp is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 16 March 2001 (25+ years old) and is registered under CIN U72900MH2001PTC131264.
Oracle (Ofss) Asp has 3 current directors:
- Avadhut Digambar Ketkar - Director
- Priyanshu Rajendra Bhatt - Director
- Manish Jagdish Bhandari - Director
The latest financial statements of Oracle (Ofss) Asp on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Oracle (Ofss) Asp is 27AAACF5427D3ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Oracle (Ofss) Asp is U72900MH2001PTC131264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oracle (Ofss) Asp was incorporated on 16 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Oracle (Ofss) Asp has 2 deals on record (2 acquisitions); the latest was in March 2008.
Priyanshu Rajendra Bhatt ceased to be Additional Director on 31 Jul 2019. Priyanshu Rajendra Bhatt was appointed as Director on 08 May 2019. Makarand Shrikant Padalkar ceased to be Managing Director on 09 May 2016. Oracle (Ofss) Asp has 19 board changes on record in total.
Oracle (Ofss) Asp can be reached through the website oracle.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Oracle (Ofss) Asp is at Oracle Park Off. Western Express Highway Goregaon East, Mumbai, Maharashtra, India – 400063.