Searce Cosourcing Service Private Limited Company Logo

Searce Cosourcing Service Private Limited - Company Profile

It is a information technology private limited company based in Rajkot, Gujarat, India, established in 2004.

2004 | Rajkot, Gujarat, India | Active
Last Updated:

About Searce Cosourcing Service Private Limited

Searce Cosourcing Service Private Limited, a active private limited company, was established on 18 June 2004 in Rajkot, Gujarat, India. Engaging in software development & support services within the support service to organizations sector, it holds CIN: U72900GJ2004PTC044322. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Searce Cosourcing Services Private Limited. It upholds a compliant status. Employing 498 professional, Its leadership includes Abhishek Jhagarawat (Director), Hardik Mahasukhlal Parekh (Director), Amee Mahasukhlal Parekh (Director). Past directors included Meena Mahasukhlal Parekh, Abhishek Jhagarawat, Nandini Karia Dinendra. It holds ₹10.94 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 31, Arham, Subhash Road, Moti Tanki,, Rajkot, Gujarat, 360001.

Company Details

  • CIN/LLPIN

    U72900GJ2004PTC044322

  • Registration Number

    044322

  • Incorporation Date

    18 June 2004

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.94 Cr
  • Revenue Growth 72.77%
  • Profit Growth 113.50%
  • Ebitda 458.62%
  • Net Worth 45.00%
  • Total Assets 60.08%
Company report

Searce Cosourcing Service Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Searce Cosourcing Service Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Searce Cosourcing Service Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Abhishek JhagarawatDirector20 Jun 2019Current
Hardik Mahasukhlal ParekhDirector19 Jun 2004Current
Amee Mahasukhlal ParekhDirector27 Jul 2022Current
Pradeep PavithranDirector01 Aug 2012Current
Ami Hardik ParekhDirector20 Jun 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector16 Jun 2019Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector07 Dec 2007Past
Pramod AbcsddDirector07 Dec 2007Past
Pramod AbcsddAdditional Director15 Dec 2022Past
Pramod AbcsddAdditional Director28 Sep 2012Past

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Financial Performance of Searce Cosourcing Service.

Searce Cosourcing Service Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.77% increase. The company also saw a substantial improvement in profitability, with a 113.5% increase in profit. The company's net worth Soared by an impressive increase of 45%.

Searce Cosourcing Service revenue growth over time
Searce Cosourcing Service profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
72.77%
Revenue from Operations
94.61%
Total Assets
60.08%
Profit or Loss
113.50%
Net Worth
45.00%
EBITDA
458.62%

What is the Ownership and Shareholding Structure of Searce Cosourcing Service?

In 2023, Searce Cosourcing Service had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹109,380,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 6.04 Cr
  • Citibank N. A. : 4.90 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2013Citibank N. A.₹4.00 CrOpen
05 Aug 2011Citi Bank N.A.₹6.04 CrOpen
30 Jul 2009Citibank N. A.₹9.00 MOpen

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How Many Employees Work at Searce Cosourcing Service?

Searce Cosourcing Service has a workforce of 498 employees as of Aug 05, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Searce Cosourcing Service Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Searce Cosourcing Service, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Searce Cosourcing Service's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Searce Cosourcing Service

Recent Activity within the Organization

  • Annual General Meeting

    The activity Searce Cosourcing Service Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Searce Cosourcing Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Director Appointment

    Amee Mahasukhlal Parekh was appointed as a Director was appointed as a Director on 27 Jul 2022 & has been associated with this company since 3 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Abhishek Jhagarawat was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 6 years 5 months . was completed.

  • Director Appointment

    The activity Ami Hardik Parekh was appointed as a Director was appointed as a Director on 20 Jun 2019 & has been associated with this company since 6 years 5 months . was completed.

  • Charges

    Progress on A charge with Citi Bank N.A. of Rs. 6.04 Cr registered on 05 Aug 2011 with Charge ID 10307299 was modified on 03 May 2019. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Searce Cosourcing Service Private Limited?

    The CIN of Searce Cosourcing Service Private Limited is U72900GJ2004PTC044322.

  • Where is Searce Cosourcing Service Private Limited headquartered?

    Searce Cosourcing Service Private Limited is headquartered at 31, Arham, Subhash Road, Moti Tanki,, Rajkot, Gujarat, 360001.

  • When was Searce Cosourcing Service Private Limited incorporated?

    Searce Cosourcing Service Private Limited was incorporated on 18 June 2004.

  • Who are the current directors of Searce Cosourcing Service Private Limited?

    The current directors of Searce Cosourcing Service Private Limited are

  • What is the primary industry of Searce Cosourcing Service Private Limited?

    The primary industry of Searce Cosourcing Service Private Limited is Support Service To Organizations.

  • Is Searce Cosourcing Service Private Limited a listed company?

    Searce Cosourcing Service Private Limited is unlisted.

  • What is the capital structure of Searce Cosourcing Service Private Limited?

    The authorized capital of Searce Cosourcing Service Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Searce Cosourcing Service Private Limited?

    The compliance status of Searce Cosourcing Service Private Limited is Compliant.

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