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Workapps Product Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.13 Cr
▲ 24% YoY
Net profit · FY 2025
₹18.77 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹2.52 Cr
EBITDA margin 11.4%
Authorised capital
₹8 Lakh
Registered with MCA
Paid-up capital
₹5.81 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
32
Provident fund records
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.
Workapps Product Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0114446). 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.
Company details
CIN U74999PN2017PTC170482
Registration Number 170482
Incorporation Date 18 May 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0114446
Recognitions & Rankings of Workapps Product Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0114446
Contact details
Workapps Product Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is videocx.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Workapps Product Solutions Private Limited, buy the company report.
Comprehensive company report
Workapps Product Solutions Private Limited - one report that includes everything
- 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
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Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Workapps Product Solutions Private Limited, buy the company report.
Financials of Workapps Product Solutions Private Limited
FY 2025 filings availableWorkapps Product Solutions Private Limited reported revenue of ₹22.13 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹22.13 Cr ▲ 24%
Net profit · FY 2025
₹18.77 Lakh margin 0.8%
EBITDA · FY 2025
₹2.52 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 29%
5 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 23%
5 years · compounded
▲ 96%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹2.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.77 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| 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) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Workapps Product Solutions Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Dagadu Borate | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Rudrajeet Siddharth Desai | Director | 18 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Workapps Product Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| 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% | Telangana, India | |||
| Workapps Product Solutions Private Limitedthis company | ₹22.13 Cr (FY 2025) | ₹18.77 Lakh | 0.8% | 24.0% | 32 | 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, Karnataka, India | |||
| Domex E-Data Private Limited | ₹22.1 Cr (FY 2024) | 10.0% | Chennai, 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 |
To see the full peer comparison of Workapps Product Solutions Private Limited, buy the company report.
Auditor
Workapps Product Solutions Private Limited is audited by S P A Y & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P A Y & CO | FY 2023 | 132976W |
Shareholding
The shareholding of Workapps Product Solutions 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Workapps Product Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2025 | 101132875 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
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.
Total deals
7
Funding rounds
6
Secondary share transfer
1
Disclosed funding
₹12.94 Cr
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 |
To see the full deal history of Workapps Product Solutions 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
No court or tribunal cases involving Workapps Product Solutions 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 Workapps Product Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Workapps Product Solutions Private Limited has a workforce of 32 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
-5.88%
GST
Workapps Product Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW0081G1ZH | Maharashtra | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Workapps Product Solutions Private Limited, buy the company report.
Recent activity
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.
AGM
Workapps Product Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101132875 was registered on 28 Jul 2025.
Filing
Workapps Product Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sashi Reddi Parvatha ceased to be Director.
Appointed
Rudrajeet Siddharth Desai was appointed as Director.
Appointed
Shankar Dagadu Borate was appointed as Director.
Incorporation
18 May 2017
Workapps Product Solutions Private Limited was registered on 18 May 2017 with Roc Pune & aged 9 years 5 months as per MCA records.
Frequently asked questions
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 has 2 current directors:
- Shankar Dagadu Borate - Director
- Rudrajeet Siddharth Desai - Director
The latest financial statements of Workapps Product Solutions 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 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.
Yes, Workapps Product Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Workapps Product Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0114446).
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