- Category
- Small (2022-23)
- Udyam number
- UDYAM-KL-12-0001310

About Ospyn Technologies Limited
Data last updated:
Ospyn Technologies Limited is a public limited company based in Thiruvananthapuram, Kerala, India. It operates in the IT services segment of the services sector. It was incorporated on 13 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2009PLC023695. Its GSTIN is 32AABCO1237F1Z1 (Kerala).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14 Cr. It is led by directors including Prasadu Varghese (Managing Director) and Kishore Kumar Sudarsanan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thiruvananthapuram, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.59 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.46 Cr (net margin 13.3%) and EBITDA of ₹8.07 Cr (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 22% over five years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ospyn. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹8.45 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024. Its 10 peer companies in the Information Technology industry (Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Highstreet IT Solutions India Private Limited with revenue of ₹34.25 Cr.
Ospyn Technologies Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0001310). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ospyn.com.
CIN History of Ospyn Technologies Limited
Ospyn Technologies has one previous CIN (Corporate Identification Number): U72200KL2009PTC023695. The current CIN is U72200KL2009PLC023695, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KL2009PLC023695 | Current |
| U72200KL2009PTC023695 | Previous |
Recognitions & Rankings of Ospyn Technologies
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address1st Floor Kabani West Side, Technocity, Thiruvananthapuram, Kerala, India – 695317
- IndustryService, Information Technology Services
- 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 Ospyn Technologies Limited
The main business activity of Ospyn Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Ospyn Technologies Limited FY 2024 filings available
Ospyn Technologies Limited reported revenue of ₹33.59 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ospyn Technologies Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 11% growth in the latest year. EBITDA rose 38% 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 Ospyn Technologies 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 | ₹8.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.46 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ospyn Technologies Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.3% | •••• | •••• | •••• | •••• |
| 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 Ospyn 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.
Board of Directors and KMP of Ospyn Technologies Limited
Ospyn Technologies Limited currently reports 7 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuncheria Palampoikayil Isaac Also directs: Skaut Solutions Private Limited | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Hari Krishnan | Cfo | 17 Jan 2024 | 2 Years 9 Months | Current |
| Nithya Thulaseedharan | Director | 13 Mar 2024 | 2 Years 7 Months | Current |
| Jayashree Mitra | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Anthony Abraham Thomas | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Yamuna Varghese Thalachirayil | Director | 13 Mar 2024 | 2 Years 7 Months | Current |
Peer Comparison of Ospyn Technologies Limited
Ospyn Technologies Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Highstreet IT Solutions India Private Limited | ₹34.25 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Bangalore, Karnataka, India |
| Geojit Technologies Private Limited | ₹33.77 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kochi, Kerala, India |
| Docyt India Private Limited | ₹33.77 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | New Delhi, Delhi, India |
| Siddhatech Software Services Private Limited | ₹33.68 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Pune, Maharashtra, India |
| Egverse Technology Solutions Private Limited | ₹33.6 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Gandhinagar, Gujarat, India |
| Ospyn Technologies Limited this company | ₹33.59 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Thiruvananthapuram, Kerala, India |
| Airamatrix Private Limited | ₹33.57 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Thane, Maharashtra, India |
| Clovirtual Fashion Private Limited | ₹33.36 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Bangalore, Karnataka, India |
| Score Information Technologies Limited | ₹33.34 Cr (FY 2022) | •••• | •••• | 55.0% | •••• | Kolkata, West Bengal, India |
| G2 Technology Solutions India Private Limited | ₹33.06 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Coimbatore, Tamil Nadu, India |
| Wondersoft Private Limited | ₹32.76 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | West Mambalam, Madras-33, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ospyn Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Ospyn Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2025 | State Bank of India | ₹7 Cr | Open |
| 03 Aug 2020 | State Bank of India | ₹1.75 Cr | Satisfied |
| 09 Oct 2019 | Others | ₹6.2 Cr | Satisfied |
| 11 Sep 2014 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Ospyn Technologies Limited
Ospyn Technologies Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Matterhorn Fund, 3 individuals Seller: 2 individuals |
| Mar 2019 | Rights issue | ₹1.99 Cr | Investors: 2 individuals |
Full deal history
All 2 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.
Employees and EPFO Compliance at Ospyn Technologies Limited
Employment history and EPFO contributions of people linked to Ospyn Technologies.
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.
Recent Activity on Ospyn Technologies Limited
Ospyn Technologies Limited has 9 board changes on record since 2009: 8 appointments and 1 cessation. The latest: Anthony Abraham Thomas was appointed as Director on 01 Jul 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ospyn Technologies 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 Ospyn Technologies 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 Ospyn Technologies 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 Ospyn Technologies Limited
Ospyn Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCO1237F1Z1 | Kerala | 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 Ospyn Technologies 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 Ospyn Technologies Limited
Frequently Asked Questions about Ospyn Technologies Limited
Ospyn Technologies is an active public limited company based in Thiruvananthapuram, Kerala, India. The company works in information technology services, within the service industry. It was incorporated on 13 January 2009 (17+ years old) and is registered under CIN U72200KL2009PLC023695.
Ospyn Technologies reported revenue of ₹33.59 Cr for FY 2024 (up 11% YoY).
Ospyn Technologies has 8 current directors and KMP:
- Prasadu Varghese - Managing Director
- Kishore Kumar Sudarsanan - Whole-Time Director
- Kuncheria Palampoikayil Isaac - Director
- Nithya Thulaseedharan - Director
- Jayashree Mitra - Director
- Anthony Abraham Thomas - Director
- Yamuna Varghese Thalachirayil - Director
- Hari Krishnan - Cfo
Ospyn Technologies reported a net profit of ₹4.46 Cr (net margin 13.3%) and EBITDA of ₹8.07 Cr (EBITDA margin 24%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ospyn Technologies is 9% over three years and 22% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ospyn Technologies is 32AABCO1237F1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Ospyn Technologies is U72200KL2009PLC023695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ospyn Technologies was incorporated on 13 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ospyn Technologies has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
The peers of Ospyn Technologies by revenue are Highstreet IT Solutions India Private Limited, Geojit Technologies Private Limited, Docyt India Private Limited, Siddhatech Software Services Private Limited, Egverse Technology Solutions Private Limited and 5 more, all in the Information Technology industry (Software Services).
Anthony Abraham Thomas was appointed as Director on 01 Jul 2024. Jayashree Mitra was appointed as Director on 01 Jul 2024. Kuncheria Palampoikayil Isaac was appointed as Director on 01 Jul 2024. Ospyn Technologies has 9 board changes on record in total.