Theworkshore Technologies Private Limited
About Theworkshore Technologies Private Limited
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Theworkshore Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC315474. Its GSTIN is 27AAGCT9768D1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vashika Jain and Bhavesh Soni Navneet.
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 Unit No 511 Pranik Chember Owner Sakivihar Road Sakinaka, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.87 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹19.23 Lakh (net margin 6.7%) and EBITDA of ₹29.49 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 75% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Workshore.
Company details
Contact details
Theworkshore Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 511 Pranik Chember Owner Sakivihar Road Sakinaka, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Theworkshore Technologies 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
Theworkshore Technologies operates one associated brand: Workshore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solutions for website, ecommerce, and product development services. | workshore.io |
Business activity
The main business activity of Theworkshore Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Theworkshore Technologies Private Limited, buy the company report.
Financials of Theworkshore Technologies Private Limited
FY 2024 filings availableTheworkshore Technologies Private Limited reported revenue of ₹2.87 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 39% growth in the latest year. EBITDA rose 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹29.49 Lakh | ||||
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| Net Profit (PAT) | ₹19.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Theworkshore Technologies Private Limited, buy the company report.
Board of directors of Theworkshore Technologies Private Limited
Theworkshore Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vashika Jain | Director | 15 Aug 2021 | 5 Years 2 Months | Current |
| Bhavesh Soni Navneet Also directs: Darbari Jewellery LLP | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Theworkshore Technologies Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anagram Atgc Private Limited | ₹2.87 Cr (FY 2024) | 307.0% | Ahmedabad, Gujarat, India | |||
| Samaah Technologies Private Limited | ₹2.87 Cr (FY 2024) | Bangalore, Karnataka, India | ||||
| Microsynk IT Solutions Private Limited | ₹2.87 Cr (FY 2025) | 319.0% | Bangalore, Karnataka, India | |||
| Aerogreen Services Private Limited | ₹2.87 Cr (FY 2024) | 146.0% | Hyderabad, Telangana, India | |||
| Theworkshore Technologies Private Limitedthis company | ₹2.87 Cr (FY 2024) | ₹19.23 Lakh | 6.7% | 39.0% | 11 | Mumbai, Maharashtra, India |
| NXG Food Safety Works India Private Limited | ₹2.87 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Nushi Enterprises Private Limited | ₹2.87 Cr (FY 2025) | 764.0% | Vadodara, Gujarat, India | |||
| S2 Technology & Consulting Private Limited | ₹2.87 Cr (FY 2024) | 394.0% | Kota, Rajasthan, India |
To see the full peer comparison of Theworkshore Technologies Private Limited, buy the company report.
Auditor
Theworkshore Technologies Private Limited is audited by TRIPATHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TRIPATHI & CO | FY 2023 | 303903 |
Shareholding
The shareholding of Theworkshore Technologies Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Theworkshore Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Theworkshore Technologies 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 Theworkshore Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Theworkshore Technologies Private Limited has a workforce of 11 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Theworkshore Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT9768D1ZU | Maharashtra | Active | 14 Jan 2019 |
To see the full GST registrations and return filing status of Theworkshore Technologies Private Limited, buy the company report.
Recent activity
Theworkshore Technologies Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Darshan Upadhyay Kamleshkumar ceased to be Director on 18 Aug 2021.
Frequently asked questions
Theworkshore Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 October 2018 (8+ years old) and is registered under CIN U74999MH2018PTC315474.
Theworkshore Technologies has 2 current directors:
- Vashika Jain - Director
- Bhavesh Soni Navneet - Director
The latest financial statements of Theworkshore Technologies 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 2019 are in the company report.
The GSTIN of Theworkshore Technologies is 27AAGCT9768D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Theworkshore Technologies is U74999MH2018PTC315474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theworkshore Technologies was incorporated on 08 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Theworkshore Technologies by revenue are Anagram Atgc Private Limited, Samaah Technologies Private Limited, Microsynk IT Solutions Private Limited, Aerogreen Services Private Limited, NXG Food Safety Works India Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Darshan Upadhyay Kamleshkumar ceased to be Director on 18 Aug 2021. Vashika Jain was appointed as Director on 15 Aug 2021. Bhavesh Soni Navneet was appointed as Director on 08 Oct 2018.
The registered office of Theworkshore Technologies is at Unit No 511 Pranik Chember Owner Sakivihar Road Sakinaka, Mumbai, Maharashtra, India – 400072.
Theworkshore Technologies operates in the information technology industry, in the application development and software solutions segment.
Theworkshore Technologies has 1 associated brand: Workshore.