About Workapps Product Solutions Private Limited
Data last updated:
Workapps Product Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC170482. Its GSTIN is 27AACCW0081G1ZH (Maharashtra).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹5.81 Lakh. It is led by directors Shankar Dagadu Borate and Rudrajeet Siddharth Desai.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.13 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹18.77 Lakh (net margin 0.8%) and EBITDA of ₹2.52 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 66% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VideoCX. As per MCA filings, the company has open charges of ₹1 Cr on record. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹12.94 Cr; the latest was in August 2020. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Dna Infotel Private Limited with revenue of ₹22.24 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website videocx.io.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1st Floor Sky Loft Creaticity Mall Opp Golf Course Off Airport Rd Shastrinagar Ye, Rawada, Pune, Maharashtra, India – 411006
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Workapps Product Solutions Private Limited
The main business activity of Workapps Product Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Workapps Product Solutions Private Limited FY 2025 filings available
Workapps Product Solutions Private Limited reported revenue of ₹22.13 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Workapps Product Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 24% growth in the latest year. EBITDA rose 30% 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 of Workapps Product Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.77 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Workapps Product Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Workapps Product Solutions are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Workapps Product Solutions Private Limited
Workapps Product Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dna Infotel Private Limited | ₹22.24 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Vasai, Maharashtra, India |
| Sysfore Technologies Private Limited | ₹22.23 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Healthcare Informatics Private Limited | ₹22.2 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Vadodara, Gujarat, India |
| Matrix Geo Solutions Limited | ₹22.19 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | New Delhi, Delhi, India |
| A.S.Technology Private Limited | ₹22.17 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Andhra Pradesh, Telangana, India |
| Workapps Product Solutions Private Limited this company | ₹22.13 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Team Vertex Cosmos Private Limited | ₹22.13 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | New Delhi, Delhi, India |
| Milaap Social Ventures India Private Limited | ₹22.12 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore South, Karnataka, India |
| Domex E-Data Private Limited | ₹22.1 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Egmore Nungambakkam, Tamil Nadu, India |
| Mappls DT Private Limited | ₹22.08 Cr (FY 2025) | •••• | •••• | 115.0% | •••• | New Delhi, Delhi, India |
| Firminiq Systems Private Limited | ₹22.06 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Workapps Product Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Workapps Product Solutions Private Limited
Workapps Product Solutions Private Limited is audited by S P A Y & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P A Y & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Workapps Product Solutions Private Limited
Workapps Product Solutions 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 |
|---|---|---|---|---|
| Shankar Dagadu Borate | Director | 18 May 2017 | 9 Years 4 Months | Current |
| Rudrajeet Siddharth Desai | Director | 18 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Workapps Product Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Workapps Product Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2025 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Workapps Product Solutions Private Limited
Workapps Product Solutions Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹12.94 Cr; the latest was in August 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Funding round | ₹28.6 Lakh | Investors: 3 individuals |
| Aug 2020 | Funding round | ₹2.61 Cr | Investors: Angel List, 3 individuals |
| May 2020 | Funding round | ₹62.2 Lakh | Investors: 4 individuals |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2017 | Funding round · Series A | ₹1.59 Cr | Investors: SRI Capital |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Workapps Product Solutions Private Limited
Workapps Product Solutions operates one associated brand: VideoCX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Video-based support platform is offered for banking customer interactions. | videocx.io |
Employees and EPFO Compliance at Workapps Product Solutions Private Limited
Workapps Product Solutions Private Limited has a workforce of 32 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Workapps Product Solutions Private Limited
Recent Activity on Workapps Product Solutions Private Limited
Workapps Product Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Sashi Reddi Parvatha ceased to be Director on 20 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Workapps Product Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Workapps Product Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Workapps Product Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Workapps Product Solutions Private Limited
Workapps Product Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW0081G1ZH | Maharashtra | Active | 12 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Workapps Product Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Workapps Product Solutions Private Limited
Workapps Product Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U74999PN2017PTC170482.
Workapps Product Solutions reported revenue of ₹22.13 Cr for FY 2025 (up 24% YoY).
Workapps Product Solutions has 2 current directors:
- Shankar Dagadu Borate - Director
- Rudrajeet Siddharth Desai - Director
Workapps Product Solutions reported a net profit of ₹18.77 Lakh (net margin 0.8%) and EBITDA of ₹2.52 Cr (EBITDA margin 11.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Workapps Product Solutions is 29% over three years and 66% over five years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Workapps Product Solutions is 27AACCW0081G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Workapps Product Solutions is U74999PN2017PTC170482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workapps Product Solutions was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Workapps Product Solutions has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹12.94 Cr; the latest was in August 2020.
The peers of Workapps Product Solutions by revenue are Dna Infotel Private Limited, Sysfore Technologies Private Limited, Healthcare Informatics Private Limited, Matrix Geo Solutions Limited, A.S.Technology Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Sashi Reddi Parvatha ceased to be Director on 20 Dec 2018. Rudrajeet Siddharth Desai was appointed as Director on 18 May 2017. Shankar Dagadu Borate was appointed as Director on 18 May 2017.