About Workapps Solutions Private Limited
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Workapps Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Workapps Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2015PTC156717. Its GSTIN is 27AABCW7250Q1ZO (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Rajmal Shantilal Bhandari and Rohit Rajmal Bhandari.
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 S.No 148/150/151 Manish Appt Flat No 9 – B Sanghvi Nagar Plot No 6, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.61 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹64.55 Lakh (net margin 68.2%) and EBITDA of ₹64.55 Lakh (EBITDA margin 68.2%). Revenue has grown at a compounded annual rate (CAGR) of 183% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VideoCX. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.21 Cr; the latest was in January 2017. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Kryjas Technologies Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website workapps.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS.No 148/150/151 Manish Appt Flat No 9 – B Sanghvi Nagar Plot No 6, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Solutions Private Limited
The main business activity of Workapps Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Solutions Private Limited FY 2025 filings available
Workapps Solutions Private Limited reported revenue of ₹94.61 Lakh (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Workapps Solutions Private Limited
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 183%. EBITDA fell 18% 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 Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹64.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.55 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Workapps Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 68.2% | •••• | •••• | •••• | •••• |
| 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 Solutions are in the company report.
Financial statements from FY 2016
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 Solutions Private Limited
Workapps Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kryjas Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Belsoft Applications Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Devforge Technology Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Navam IT Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Equalstar Systems Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Workapps Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Innovative Logic Lab Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Kribel Ventures Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Grids and Guides Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kanchipuram, Tamil Nadu, India |
| Lamp Technologies Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Onair Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Workapps Solutions by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Workapps Solutions Private Limited
Workapps Solutions Private Limited is audited by SPAY & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SPAY & 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 Solutions Private Limited
Workapps Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajmal Shantilal Bhandari | Director | 21 Sep 2022 | 4 Years 0 Months | Current |
| Rohit Rajmal Bhandari | Director | 13 Sep 2022 | 4 Years 0 Months | Current |
Ownership and Shareholding of Workapps 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 Solutions Private Limited
Workapps Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Workapps Solutions Private Limited
Workapps Solutions Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.21 Cr; the latest was in January 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | ₹1.32 Cr | Investors: Workapps Inc. |
| Aug 2016 | Funding round | ₹1.88 Cr | Investors: Workapps Inc. |
Full deal history
All 2 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 Solutions Private Limited
Workapps 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 Solutions Private Limited
Workapps Solutions Private Limited has a workforce of 24 employees as of Apr 09, 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 Solutions Private Limited
Recent Activity on Workapps Solutions Private Limited
Workapps Solutions Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Rudrajeet Siddharth Desai ceased to be Director on 12 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Workapps 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 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 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 Solutions Private Limited
Workapps Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW7250Q1ZO | Maharashtra | Active | 01 Jul 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 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 Solutions Private Limited
Workapps 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 06 October 2015 (11+ years old) and is registered under CIN U72900PN2015PTC156717.
Workapps Solutions reported revenue of ₹94.61 Lakh for FY 2025 (down 28% YoY).
Workapps Solutions has 2 current directors:
- Rajmal Shantilal Bhandari - Director
- Rohit Rajmal Bhandari - Director
Workapps Solutions reported a net profit of ₹64.55 Lakh (net margin 68.2%) and EBITDA of ₹64.55 Lakh (EBITDA margin 68.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Workapps Solutions is 183% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Workapps Solutions is 27AABCW7250Q1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Workapps Solutions is U72900PN2015PTC156717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workapps Solutions was incorporated on 06 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Workapps Solutions has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.21 Cr; the latest was in January 2017.
The peers of Workapps Solutions by revenue are Kryjas Technologies Private Limited, Belsoft Applications Private Limited, Devforge Technology Private Limited, Navam IT Services Private Limited, Equalstar Systems Private Limited and 5 more, all in the Information Technology industry (Application Development).
Rudrajeet Siddharth Desai ceased to be Director on 12 Jan 2024. Rajmal Shantilal Bhandari was appointed as Director on 21 Sep 2022. Rohit Rajmal Bhandari was appointed as Director on 13 Sep 2022. Workapps Solutions has 4 board changes on record in total.