About Outsourceace IT and ITES Solutions Private Limited
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Outsourceace IT and ITES Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business process outsourcing sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC065572. Its GSTIN is 29AABCO7165L1ZW (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharan Figeras and William Elizabeth.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 40 2nd Main Road H Colony Bharathinagar Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.9 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.61 Lakh (net margin -3%) and EBITDA of -₹82,735 (EBITDA margin -0.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: OutsourceACE. Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website outsourceace.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address40 2nd Main Road H Colony Bharathinagar Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryBusiness Outsourcing, 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
Associated Brands with Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions operates one associated brand: OutsourceACE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering sports betting, live casino, slots, and mini games services. | outsourceace.com |
Business Activity of Outsourceace IT and ITES Solutions Private Limited
The main business activity of Outsourceace IT and ITES Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Outsourceace IT and ITES Solutions Private Limited FY 2020 filings available
Outsourceace IT and ITES Solutions Private Limited reported revenue of ₹1.9 Cr (down 27% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Outsourceace IT and ITES Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 27% fall in the latest year. EBITDA fell 103% 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 Outsourceace IT and ITES Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.9 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹82,735 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.61 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 Outsourceace IT and ITES Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 Outsourceace IT and ITES Solutions 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 of Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharan Figeras | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
| William Elizabeth | Director | 27 Aug 2012 | 14 Years 1 Months | Current |
Peer Comparison of Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (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 |
|---|---|---|---|---|---|---|
| Barahi Marketing Private Limited | ₹1.93 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Black Lion Enterprises Private Limited | ₹1.92 Cr (FY 2023) | •••• | •••• | 192.0% | •••• | Pune, Maharashtra, India |
| Interactive Marketing Private Limited | ₹1.92 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Hbsi Infotech Private Limited | ₹1.92 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | Erode, Tamil Nadu, India |
| Parcelhero (India) Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Outsourceace IT and ITES Solutions Private Limited this company | ₹1.9 Cr (FY 2020) | •••• | •••• | -27.0% | •••• | Bangalore, Karnataka, India |
| Snapzo Technologies Private Limited | ₹1.9 Cr (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Welscon Technologies Private Limited | ₹1.89 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | New Delhi, Delhi, India |
| Bumsa Talent Solutions Private Limited | ₹1.89 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Skyline Tele Solutions Private Limited | ₹1.89 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Indore, Madhya Pradesh, India |
| Quibus Resources India Private Limited | ₹1.89 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Outsourceace IT and ITES Solutions by revenue in the Outsourcing industry (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 Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions Private Limited is audited by BINIT DALMIA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BINIT DALMIA & 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.
Ownership and Shareholding of Outsourceace IT and ITES Solutions 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 Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions Private Limited has 8 court cases on record: 8 filed against it. 1 case is pending and 7 are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Asttecs Communications Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Asttecs Communications Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Asttecs Communications Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Limited | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions Private Limited has a workforce of 13 employees as of Apr 06, 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.
Recent Activity on Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Sharan Figeras was appointed as Director on 27 Aug 2012.
Credit Ratings, Litigation & Regulatory Alerts for Outsourceace IT and ITES Solutions 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 Outsourceace IT and ITES Solutions 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 Outsourceace IT and ITES Solutions 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 Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO7165L1ZW | Karnataka | 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 Outsourceace IT and ITES Solutions 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 Outsourceace IT and ITES Solutions Private Limited
Outsourceace IT and ITES Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U72200KA2012PTC065572.
Outsourceace IT and ITES Solutions reported revenue of ₹1.9 Cr for FY 2020 (down 27% YoY).
Outsourceace IT and ITES Solutions has 2 current directors:
- Sharan Figeras - Director
- William Elizabeth - Director
Outsourceace IT and ITES Solutions reported a net loss of ₹5.61 Lakh (net margin -3%) and EBITDA of -₹82,735 (EBITDA margin -0.4%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Outsourceace IT and ITES Solutions is -11% over three years and -12% over five years. In the latest year (FY 2020) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Outsourceace IT and ITES Solutions is 29AABCO7165L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Outsourceace IT and ITES Solutions is U72200KA2012PTC065572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Outsourceace IT and ITES Solutions has 8 court cases on record: 8 filed against it. 1 is pending.
Outsourceace IT and ITES Solutions was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Outsourceace IT and ITES Solutions by revenue are Barahi Marketing Private Limited, Black Lion Enterprises Private Limited, Interactive Marketing Private Limited, Hbsi Infotech Private Limited, Parcelhero (India) Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Sharan Figeras was appointed as Director on 27 Aug 2012. William Elizabeth was appointed as Director on 27 Aug 2012.