Basware India Private Limited - Company overview

Basware was incorporated on 10 July 2012 and is registered with ROC Chandigarh.

2012-07-10 Chandigarh, Chandigarh Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 31.7%
FY 2023
PROFIT / LOSS
₹5–10 Cr
▲ 25.3%
FY 2023
EBITDA
₹10–25 Cr
▲ 27.4%
FY 2023
NET WORTH
₹25–50 Cr
▲ 30.3%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▲ 29.3%
FY 2023
EMPLOYEE COUNT
441–450
OPEN CHARGES
-
-
PAID-UP CAPITAL
1.00 Lakh
AUTHORISED CAPITAL
1.00 Lakh
COMPANY AGE
14 Years 4 Months
since 2012-07-10
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-26
ACTIVE GST
1
Updated: 2023-10-27 18:59:54
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Basware covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
89/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (95), director (90) and company-foundation signals.
  • Operating for 14+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Basware Company identity, industry, contact, and registration details from MCA and company records.

Basware was incorporated on 10 July 2012 and is registered with ROC Chandigarh. It is an active private company owned by a foreign company, now about 14 years old. Its registered office is at Ground Floor, Tower - A Dlf It Park, Chandigarh.

Its filings describe the main line of business as publishing of computer operating systems, system software, application software, games, etc, which made up 100% of turnover.

It has three directors: Sanjeev Kumar, Martti Tapani Nurminen and Jason Mark Kurtz. The longest-serving is Sanjeev Kumar, on the board since 2020; the most recent to join is Jason Mark Kurtz, appointed in March 2024. Ten former directors are on record; the most recent to leave was Tuija Irmeli Mantyniemi in March 2020.

Authorised and paid-up capital are both ₹1 lakh, so the full authorised amount has been issued. The last AGM on record was on 26 September 2025, for accounts made up to 31 March 2025. No charges (secured loans) are registered against it.

Information Technology •••••••• ••••••••
  • Location Ground Floor, Tower - A Dlf It Park, Chandigarh, Chandigarh - 160101
  • Website basware.com
LinkedIn Facebook Twitter YouTube
Legal NameBasware India Private Limited
CIN / LLPINU72900CH2012FTC033907
Company No.033907
ClassificationPrivate Limited Foreign Company Incorporated In India
Incorporation Date2012-07-10
Date of AGM2025-09-26
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Chandigarh
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Basware (3) Current board members from MCA filings, including designation and appointment details.

S
Sanjeev Kumar
Director | Since 2020-01-23 | DIN: 08674474
M
Martti Tapani Nurminen
Director | Since 2020-03-11 | DIN: 08716095
J
Jason Mark Kurtz
Director | Since 2024-03-28 | DIN: 10531627

Financial Performance of Basware Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 31.7%
P&L ₹5–10 Cr ▲ 25.3%
EBITDA ₹10–25 Cr ▲ 27.4%
Net worth ₹25–50 Cr ▲ 30.3%

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationPublishing of computer operating systems, system software, application software, games, etc.100

Financial Ratios of Basware Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Basware Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Basware EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Basware GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

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Credit Ratings, Litigation & Regulatory Alerts for Basware Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Basware MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Basware Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Basware Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Basware?
MCA does not publish an "owner" field. Basware is run by its directors, Sanjeev Kumar, Martti Tapani Nurminen and Jason Mark Kurtz. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Basware?
Basware has three current directors: Sanjeev Kumar (since January 2020), Martti Tapani Nurminen (since March 2020) and Jason Mark Kurtz (since March 2024).
What is CIN of Basware?
The CIN of Basware is U72900CH2012FTC033907. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, CH is Chandigarh, 2012 is the year it was registered, FTC is the company type and 033907 is its registration number.
When was Basware incorporated?
Basware was incorporated on 10 July 2012 with ROC Chandigarh. That makes it about 14 years old.
What is the registered address of Basware?
The registered office on MCA records is Ground Floor, Tower - A Dlf It Park, Chandigarh - 160101.
What is the current status of Basware?
MCA shows Basware as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Basware?
You can post to its registered office at Ground Floor, Tower - A Dlf It Park, Chandigarh, Chandigarh - 160101 and use its website, https://basware.com.
What industry or business activity is Basware associated with?
Its MCA filings list the main business as publishing of computer operating systems, system software, application software, games, etc (100% of turnover).
What is paid-up capital and authorised share capital of Basware?
Both authorised and paid-up capital are ₹1 lakh.
When did Basware last file accounts and hold an AGM?
The last AGM on record was on 26 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Basware?
MCA shows no charges registered against Basware, so no assets are pledged for a registered secured loan.
Have any directors left Basware?
Yes, ten former directors are on record. The most recent to leave were Tuija Irmeli Mantyniemi (March 2020), Klaus Andersen (September 2019) and Carl Bengt Niclas Rosenlew (June 2019).
What is the turnover or revenue of Basware?
Based on filed financial statements, the revenue of Basware for FY 2023 was in the ₹50–100 Cr range. That is up 31.7% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Basware?
For FY 2023, the net worth of Basware was in the ₹25–50 Cr range.
How can I get the financial details of Basware?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Basware?
The website on record for Basware is https://basware.com.
Which company owns basware.com?
basware.com is the website listed for Basware India Private Limited in its company records.
Basware - is it listed or unlisted?
Basware is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Basware?
Basware is registered with ROC Chandigarh.
What is the company classification of Basware?
MCA classifies Basware as: Private Limited Foreign Company Incorporated In India.
Does Basware have GST registrations on file?
Yes, one active GST registration is linked to Basware.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.