Startup India Government of India
Workforce Limited - business outsourcing in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹6.95 Cr
Latest filing
Net profit · FY 2022
₹9.25 Lakh
Net margin 1.3%
EBITDA · FY 2022
₹12.27 Lakh
EBITDA margin 1.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
65
Provident fund records
Directors on board
3
As per MCA filings
About Workforce Limited
Data last updated:
Workforce Limited is a public limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PLC141749. Its GSTIN is 29AACCW8208P1ZL (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vedant Shankla and Viishal Shankla.
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 No.703 Level 7 Devatha Plaza No.131/132 Residency Road, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.95 Cr. For the same year it recorded a net profit of ₹9.25 Lakh (net margin 1.3%) and EBITDA of ₹12.27 Lakh (EBITDA margin 1.8%).
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Flexiworkforce.
For more details, the company can be reached via its website workforcetemp.com.
Company details
CIN U74999KA2020PLC141749
Registration Number 141749
Incorporation Date 02 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Workforce
Contact details
Workforce Limited's registered office is in Bengaluru, Karnataka. Its website is workforcetemp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.703 Level 7 Devatha Plaza No.131/132 Residency Road, Bengaluru, Karnataka, India – 560025
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Workforce Limited, buy the company report.
Comprehensive company report
Workforce 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
Workforce operates one associated brand: Flexiworkforce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online portal for part-time and flexible job opportunities. | flexiworkforce.com |
Financials of Workforce Limited
FY 2025 filings availableWorkforce Limited reported revenue of ₹6.95 Cr for FY 2022.
Revenue · FY 2022
₹6.95 Cr
Net profit · FY 2022
₹9.25 Lakh margin 1.3%
EBITDA · FY 2022
₹12.27 Lakh margin 1.8%
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹6.95 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹12.27 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹9.25 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.8% | |
| Net Profit Margin | 1.3% | |
| 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 | ||
To see the full financial statements and ratios of Workforce Limited, buy the company report.
Board of directors of Workforce Limited
Workforce has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedant Shankla | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
| Viishal Shankla | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
| Neetakumari Also directs: Serveamc Limited, Workforce Staffing Private Limited, Workforce Temp Limited and 5 more | Director | 02 Dec 2020 | 5 Years 11 Months | Current |
Shareholding
The shareholding of Workforce Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Workforce Limited, buy the company report.
Legal cases
No court or tribunal cases involving Workforce 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 Workforce Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Workforce has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW8208P1ZL | Karnataka | Active | 08 Dec 2020 |
To see the full GST registrations and return filing status of Workforce Limited, buy the company report.
Recent activity
Workforce Limited has 3 board changes on record since 2020: 3 appointments. The latest: Neetakumari was appointed as Director on 02 Dec 2020.
AGM
Workforce Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Workforce Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Neetakumari was appointed as Director.
Appointed
Vedant Shankla was appointed as Director.
Appointed
Viishal Shankla was appointed as Director.
Incorporation
02 Dec 2020
Workforce Limited was registered on 02 Dec 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.
Frequently asked questions
Workforce is an active public limited company based in Bengaluru, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 December 2020 (6+ years old) and is registered under CIN U74999KA2020PLC141749.
Workforce has 3 current directors:
- Vedant Shankla - Director
- Viishal Shankla - Director
- Neetakumari - Director
The latest financial statements of Workforce 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 2021 are in the company report.
The GSTIN of Workforce is 29AACCW8208P1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Workforce is U74999KA2020PLC141749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workforce was incorporated on 02 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Neetakumari was appointed as Director on 02 Dec 2020. Vedant Shankla was appointed as Director on 02 Dec 2020. Viishal Shankla was appointed as Director on 02 Dec 2020.
Yes, Workforce is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Workforce can be reached through the website workforcetemp.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Workforce is at No.703 Level 7 Devatha Plaza No.131132 Residency Road, Bengaluru, Karnataka, India – 560025.
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