Xbp Asia It Solutions Private Limited
About Xbp Asia It Solutions Private Limited
Data last updated: 17 December 2025
Xbp Asia It Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Hov Services Inc. The company specialises in business process outsourcing. Incorporated on 05 May 1993, the company has been in operation for over 33 years.
Registered with ROC Chennai under CIN U72300TN1993PTC088604.
Capital: an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹2.02 Cr. Formerly known as Lason India Limited and Lason India Privte Limited. It is led by directors Balbirsingh Gurmukhsingh Batra and Ajay Surana.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: No: 106 – 109 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹329.78 Cr, a growth of 13% compared to the previous year.
The company has a workforce of approximately 4,007 employees as per the latest available data. It operates as a subsidiary of Hov Services Inc.
The company is associated with 1 brand - Sourcehov. As per MCA filings, the company has open charges of ₹29 Cr and satisfied charges of ₹66.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
-
EmailLocked
-
TelephoneLocked
-
WebsiteLocked
-
Social MediaLocked
-
Registered AddressNo: 106 – 109 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
-
IndustryBusiness Outsourcing, Business Process Outsourcing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited has undergone 6 name changes throughout its history. The current legal name is Xbp Asia It Solutions Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Xbp Asia It Solutions Private Limited | Current |
| Lason India Limited | Previous |
| Lason India Privte Limited | Previous |
| Vetri Software India Private Limited | Previous |
| Lason India Private Limited | Previous |
| Vetri Software India Limited | Previous |
CIN History of Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited has one previous CIN (Corporate Identification Number): U72300PN1993PTC130595. The current CIN is U72300TN1993PTC088604, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TN1993PTC088604 | Current |
| U72300PN1993PTC130595 | Previous |
Associated Brands with Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited operates one associated brand: SourceHOV. These brands represent Xbp Asia It Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Software solutions for banks and financial institutions are offered. | sourcehov.com |
Competitors & Alternatives of Xbp Asia It Solutions Private Limited
Brands and companies operating in the same space as Xbp Asia It Solutions Private Limited include Freshworks, Comviva, WalkMe and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Freshworks
|
Cloud-based business process management suite solutions are delivered. | San Mateo, United States, United States | 2010 |
Comviva
|
Software platforms for telecommunications, digital payments, and experiences are provided. | Gurugram, India, India | 1999 |
WalkMe
|
Digital adoption platform is provided for software optimization. | San Francisco, United States, United States | 2011 |
Mambu
|
API-enabled open banking platform is provided for financial institutions. | Amsterdam, Netherlands, Netherlands | 2011 |
Blend
|
Digital solutions for mortgage and consumer lending are provided. | San Francisco, United States, United States | 2012 |
Fiserv
|
Diversified financial solutions for business processing and management are provided. | United States | 1984 |
NCR
|
Banking software suites are provided for financial institutions and banks. | United States | 1884 |
Infibeam Avenues
|
Digital payment solutions and enterprise software platforms are provided. | Gandhinagar, India, India | 2007 |
Jack Henry
|
Banking and payments solutions are provided through a dedicated platform. | Monett, United States, United States | 1976 |
Temenos
|
Developer of AI and cloud-based banking software suite | Geneva, Switzerland, Switzerland | 1993 |
Business Activity of Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details for Xbp Asia It Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited is audited by B S R & ASSOCIATES LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Xbp Asia It Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited is currently managed by 2 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Balbirsingh Gurmukhsingh Batra
Also directs:
Hov Energy Private Limited, Ourbello E-Commerce Private Limited, Exela Technologies India Private Limited and 3 more
|
Director | 02 Jan 2015 | 11 Years 6 Months | Current |
|
Ajay Surana
Also directs:
Hov Energy Private Limited, Banctec India Private Limited, Rule 14 India Private Limited and 1 more
|
Director | 01 Mar 2019 | 7 Years 4 Months | Current |
Financials of Xbp Asia It Solutions Private Limited FY 2025 filings available
Xbp Asia It Solutions Private Limited reported revenue of ₹329.78 Cr (up 13.00% YoY) for FY 2025.
Ten-year financial statements for Xbp Asia It Solutions Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Xbp Asia It Solutions Private Limited
Shareholding and ownership data for Xbp Asia It Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Xbp Asia It Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2016 | Idbi Bank Limited | ₹23 Cr | Open |
| 11 Apr 1996 | Industrial Development Bank of India | ₹3.65 Cr | Open |
| 24 Jan 1996 | The Dhanalakshmi Bank Limited | ₹1 Cr | Open |
| 16 Dec 1993 | Bank of India | ₹45 Lakh | Open |
| 16 Dec 1993 | Bank of India | ₹45 Lakh | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited has a workforce of 4,007 employees as of Apr 06, 2024.
Employee and EPFO history for Xbp Asia It Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Xbp Asia It Solutions Private Limited
GST registrations and filing compliance for Xbp Asia It Solutions Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Xbp Asia It Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Xbp Asia It Solutions Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Xbp Asia It Solutions Private Limited
MSME payment history for Xbp Asia It Solutions Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Xbp Asia It Solutions Private Limited
Corporate group structure for Xbp Asia It Solutions Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Xbp Asia It Solutions Private Limited
MCA filings and documents for Xbp Asia It Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Xbp Asia It Solutions Private Limited
Frequently Asked Questions about Xbp Asia It Solutions Private Limited
Xbp Asia It Solutions Private Limited is an active private limited company in the business outsourcing sector based in Chennai, Tamil Nadu, India. It was incorporated on 05 May 1993 (33+ years old) and is registered under CIN U72300TN1993PTC088604. The company has 4,007 employees.
Xbp Asia It Solutions Private Limited reported revenue of ₹329.78 Cr for FY 2025 (up 13.00% YoY).
The current directors of Xbp Asia It Solutions Private Limited are:
- Balbirsingh Gurmukhsingh Batra - Director
- Ajay Surana - Director
The primary industry of Xbp Asia It Solutions Private Limited is business outsourcing. The company specifically operates in business process outsourcing. The company is currently active in this sector.
Xbp Asia It Solutions Private Limited can be reached at the registered office: No: 106 – 109 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
The authorised capital is ₹3.05 Cr, and the paid-up capital is ₹2.02 Cr.