About Simpliwork Offices Private Limited
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Simpliwork Offices Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 27 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC108999. Its GSTIN is 29AAZCS6479H1Z6 (Karnataka). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Kunal Walia and Adrija Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹670.65 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹77.14 Cr (net margin -11.5%) and EBITDA of ₹474.38 Cr (EBITDA margin 70.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 88% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Simpliwork. As per MCA filings, the company has open charges of ₹750.15 Cr and satisfied charges of ₹219 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 2 cases are pending. The company has 8 deals on record (5 rights issues, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹50 Lakh; the latest was in March 2021. Its 3 peer companies in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is I G E (India) Private Limited with revenue of ₹782.37 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 13 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simpliwork.com.
Company details
Contact details
Simpliwork Offices Private Limited's registered office is in Bangalore, Karnataka. Its website is simpliwork.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.201 2nd Floor Vaswani Centropolis Khata No.21 Langford Road Akkithimana H, Alli, Bangalore, Karnataka, India – 560027
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Simpliwork Offices 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
Brands
Simpliwork Offices operates one associated brand: Simpliwork. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of custom-designed, compliant offices with facility management and flexible leases | simpliwork.com |
Business activity
The main business activities of Simpliwork Offices are real estate and support service to organizations. In detail, this covers real estate activities with own or leased property and housekeeping & maintenance service. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Simpliwork Offices Private Limited, buy the company report.
Financials of Simpliwork Offices Private Limited
FY 2025 filings availableSimpliwork Offices Private Limited reported revenue of ₹670.65 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 15% growth in the latest year. EBITDA rose 16% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹474.38 Cr | ||||
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| Net Profit (PAT) | -₹77.14 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 70.7% | ||||
| Net Profit Margin | -11.5% | ||||
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To see the full financial statements and ratios of Simpliwork Offices Private Limited, buy the company report.
Board of directors of Simpliwork Offices Private Limited
Simpliwork Offices has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Walia Also directs: Venturisdc LLP, Disruptors Ventures LLP, Ferfier Technologies Private Limited and 1 more | Director | 27 Dec 2017 | 8 Years 10 Months | Current |
| Adrija Agarwal Also directs: Darshita Southern India Happy Homes Private Limited, Nabs Vriddhii LLP, Sattva Homes Private Limited and 5 more | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
| Pradeep Kumar Dhandhania Also directs: Parth Infrapromoter LLP, Neelanchal Build Well LLP, Neelanchal Aashraya LLP and 5 more | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
| Shashwat Kumar Also directs: Venturisdc LLP | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Simpliwork Offices Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| I G E (India) Private Limited | ₹782.37 Cr (FY 2025) | 54.0% | Kolkata, West Bengal, India | |||
| Efc (I) Limited | ₹674.26 Cr (FY 2025) | 57.0% | Pune, Maharashtra, India | |||
| Simpliwork Offices Private Limitedthis company | ₹670.65 Cr (FY 2025) | -₹77.14 Cr | -11.5% | 15.0% | 159 | Bangalore, Karnataka, India |
| Eon Kharadi Infrastructure Private Limited | ₹627.29 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India |
To see the full peer comparison of Simpliwork Offices Private Limited, buy the company report.
Auditor
Simpliwork Offices Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Simpliwork Offices Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Simpliwork Offices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2025 | 101137549 | Others | ₹15 Lakh | Open | |
| 16 Dec 2024 | 101025712 | Others | ₹300 Cr | Open | |
| 29 Mar 2024 | 100903204 | Others | ₹250 Cr | Open | |
| 30 Jun 2023 | 100749879 | Others | ₹200 Cr | Open | |
| 01 Sep 2021 | 100485771 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Simpliwork Offices Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Simpliwork Offices Private Limited has 8 deals on record (5 rights issues, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹50 Lakh; the latest was in March 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Darshita Landed Property LLP , Neelanchal Properties LLP Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Darshita Landed Property LLP , Neelanchal Properties LLP Seller: 4 individuals |
| Nov 2018 | Rights issue | ₹14.24 Cr | Investors: Darshita Landed Property LLP , Neelanchal Properties LLP , 2 individuals |
| Oct 2018 | Debt financing | ₹50 Lakh | Investors: an individual |
| Sep 2018 | Rights issue | ₹92.5 Lakh | Investors: 4 individuals |
To see the full deal history of Simpliwork Offices Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Simpliwork Offices Private Limited has 8 court cases on record: 1 filed by Simpliwork Offices, 7 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 1 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by M/S Exotic Mile Pvt Ltd | Pending |
| Bombay High Court | Court case (CARAP) | Filed against the company by Nynas Naphthenics Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Campari India Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Winzo Games Private Limited | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Simpliwork Offices Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Simpliwork Offices Private Limited was last rated by Icra on 31 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Mar 2022 |
To see the full credit ratings and regulatory alerts of Simpliwork Offices Private Limited, buy the company report.
MSME payment delays
Simpliwork Offices Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 13 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Snine Hygiene Solutions Ka | |||
| Sriv Quilex Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Omkar Power and IT Systems Ka |
To see the full MSME payment records of Simpliwork Offices Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Simpliwork Offices Private Limited has a workforce of 159 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Simpliwork Offices has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAZCS6479H1Z6 | Karnataka | Active | 01 Feb 2018 |
| 29AAZCS6479H2Z5 | Karnataka | Active | 22 Mar 2025 |
| 36AAZCS6479H1ZB | Telangana | Active | 25 May 2019 |
| 06AAZCS6479H1ZE | Haryana | Active | 15 Apr 2020 |
To see the full GST registrations and return filing status of Simpliwork Offices Private Limited, buy the company report.
Recent activity
Simpliwork Offices Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Adrija Agarwal was appointed as Director on 29 Apr 2019.
11 earlier events are in the company report.
News
Frequently asked questions
Simpliwork Offices is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 27 December 2017 (9+ years old) and is registered under CIN U74999KA2017PTC108999.
Simpliwork Offices has 4 current directors:
- Kunal Walia - Director
- Adrija Agarwal - Director
- Pradeep Kumar Dhandhania - Director
- Shashwat Kumar - Director
The latest financial statements of Simpliwork Offices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Simpliwork Offices is 29AAZCS6479H1Z6, registered in Karnataka. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 29AAZCS6479H2Z5 (Karnataka), 36AAZCS6479H1ZB (Telangana), 06AAZCS6479H1ZE (Haryana).
The CIN (Corporate Identification Number) of Simpliwork Offices is U74999KA2017PTC108999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simpliwork Offices has 8 court cases on record: 1 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Simpliwork Offices was incorporated on 27 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Simpliwork Offices has 8 deals on record (5 rights issues, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹50 Lakh; the latest was in March 2021.
The peers of Simpliwork Offices by revenue are I G E (India) Private Limited, Efc (I) Limited, Eon Kharadi Infrastructure Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Adrija Agarwal was appointed as Director on 29 Apr 2019. Pradeep Kumar Dhandhania was appointed as Director on 29 Apr 2019. Shashwat Kumar ceased to be Additional Director on 29 Sep 2018. Simpliwork Offices has 8 board changes on record in total.
Simpliwork Offices has 4 MSME Form 1 returns on record between 2022 and 2024, listing 13 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Simpliwork Offices can be reached through the website simpliwork.com. Its registered office is in Bangalore, Karnataka, India.
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