Owit Services India Private Limited
About Owit Services India Private Limited
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Owit Services India Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Owit Global Llc, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC122987. Its GSTIN is 36AACCO6649L1ZX (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Guruprasad Parthasarathirao Kuppurao and James William Short.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.37 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹48.21 Lakh (net margin 9%) and EBITDA of ₹79.94 Lakh (EBITDA margin 14.9%).
The company has about 30 employees on its provident fund (EPFO) records.
Company details
Contact details
Owit Services India Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address9th Floor Unit No 2 (West Wing), Kapil Towers It Block Survey No 115/1, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Owit Services India 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 Owit Services India Private Limited
FY 2024 filings availableOwit Services India Private Limited reported revenue of ₹5.37 Cr (up 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest year. EBITDA rose 35% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹5.37 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹79.94 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹48.21 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.9% | |||
| Net Profit Margin | 9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
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To see the full financial statements and ratios of Owit Services India Private Limited, buy the company report.
Board of directors of Owit Services India Private Limited
Owit Services India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guruprasad Parthasarathirao Kuppurao Also directs: G-Force Exports Private Limited, Airtap AI India Private Limited, Ucc Resonate India Private Limited and 5 more | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| James William Short | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| Julian Anthony James | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Owit Services India Private Limited is audited by RANGAMANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANGAMANI & CO | FY 2021 | 003052S |
Shareholding
The shareholding of Owit Services India Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Owit Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Owit Services India 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 Owit Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Owit Services India Private Limited has a workforce of 30 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Owit Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCO6649L1ZX | Telangana | Active | 23 Aug 2018 |
To see the full GST registrations and return filing status of Owit Services India Private Limited, buy the company report.
Recent activity
Owit Services India Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Guruprasad Parthasarathirao Kuppurao was appointed as Director on 15 Mar 2018.
Frequently asked questions
Owit Services India is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 March 2018 (8+ years old) and is registered under CIN U72900TG2018PTC122987.
Owit Services India has 3 current directors:
- Guruprasad Parthasarathirao Kuppurao - Director
- James William Short - Director
- Julian Anthony James - Director
The latest financial statements of Owit Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Owit Services India is 36AACCO6649L1ZX, registered in Telangana.
The CIN (Corporate Identification Number) of Owit Services India is U72900TG2018PTC122987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Owit Services India was incorporated on 15 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Guruprasad Parthasarathirao Kuppurao was appointed as Director on 15 Mar 2018. James William Short was appointed as Director on 15 Mar 2018. Julian Anthony James was appointed as Director on 15 Mar 2018.
The registered office of Owit Services India is at 9th Floor Unit No 2 West Wing, Kapil Towers It Block Survey No 1151, Hyderabad, Telangana, India – 500032.
Owit Services India operates in the information technology industry, in the IT consulting and support services segment.
Owit Services India can be reached at its registered office: 9th Floor Unit No 2 West Wing, Kapil Towers It Block Survey No 1151, Hyderabad, Telangana, India – 500032.