About Workforce Logiq India Private Limited
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Workforce Logiq India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Magnit Apc I, Llc (Formerly Known As Apc Workforce Solutions, Llc). It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 14 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2011FTC061630. Its GSTIN is 29AAACZ5362M1ZP (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It was formerly known as Zerochaos Workforce Solutions Private Limited. It is led by directors including Bonnie Jane Rhing and Martin Schultz.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹136.84 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹11.59 Cr (net margin 8.5%) and EBITDA of ₹14.49 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.
The company has about 143 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Workforce Logiq.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website workforcelogiq.com.
Company details
Contact details
Workforce Logiq India Private Limited's registered office is in Bangalore, Karnataka. Its website is workforcelogiq.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressAanantha No.7 – 2 Fourth Floor, 3rd Main Road 6th Block Jayanagar, Bangalore, Karnataka, India – 560070
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Workforce Logiq India 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
Workforce Logiq India operates one associated brand: Workforce Logiq. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Integrated workforce management platform and solutions are provided. | workforcelogiq.com |
Financials of Workforce Logiq India Private Limited
FY 2025 filings availableWorkforce Logiq India Private Limited reported revenue of ₹136.84 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 6% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹136.84 Cr | ||||
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| EBITDA | ₹14.49 Cr | ||||
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| Net Profit (PAT) | ₹11.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 8.5% | ||||
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To see the full financial statements and ratios of Workforce Logiq India Private Limited, buy the company report.
Board of directors of Workforce Logiq India Private Limited
Workforce Logiq India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bonnie Jane Rhing | Director | 13 Jul 2023 | 3 Years 3 Months | Current |
| Martin Schultz | Director | 21 Nov 2023 | 2 Years 11 Months | Current |
| Jayesh N Kalvinkar | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Workforce Logiq India Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED AC for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED AC | FY 2023 | 304026E/E300009 |
Shareholding
The shareholding of Workforce Logiq India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Workforce Logiq India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Workforce Logiq India 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 Workforce Logiq India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Workforce Logiq India Private Limited has a workforce of 143 employees on its EPFO records as of Mar 23, 2024, across 2 active EPFO establishments.
GST
Workforce Logiq India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ5362M1ZP | Karnataka | Active | 01 Jul 2017 |
| 24AAACZ5362M2ZY | Gujarat | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Workforce Logiq India Private Limited, buy the company report.
Recent activity
Workforce Logiq India Private Limited has 15 board changes on record since 2012: 3 appointments and 12 cessations. The latest: Jayesh N Kalvinkar ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Workforce Logiq India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 14 December 2011 (15+ years old) and is registered under CIN U74999KA2011FTC061630.
Workforce Logiq India has 3 current directors:
- Bonnie Jane Rhing - Director
- Martin Schultz - Director
- Jayesh N Kalvinkar - Director
The latest financial statements of Workforce Logiq India 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 2015 are in the company report.
The GSTIN of Workforce Logiq India is 29AAACZ5362M1ZP, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACZ5362M2ZY (Gujarat).
The CIN (Corporate Identification Number) of Workforce Logiq India is U74999KA2011FTC061630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workforce Logiq India was incorporated on 14 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Jayesh N Kalvinkar ceased to be Additional Director on 29 Sep 2024. Martin Schultz ceased to be Additional Director on 29 Sep 2024. Jayesh N Kalvinkar was appointed as Director on 18 Mar 2024. Workforce Logiq India has 15 board changes on record in total.
Workforce Logiq India can be reached through the website workforcelogiq.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Workforce Logiq India is at Aanantha No.7 – 2 Fourth Floor, 3rd Main Road 6th Block Jayanagar, Bangalore, Karnataka, India – 560070.
Workforce Logiq India operates in the business outsourcing industry, in the HR outsourcing and talent management segment.