Onward Eservices Limited - Company overview

Onward Eservices is shown as "Amalgamated" in MCA records.

2003-06-19 Mumbai, Maharashtra Amalgamated 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
▼ -5.0%
FY 2020
PROFIT / LOSS
Loss · ₹1–5 Cr
▼ -341.5%
FY 2020
EBITDA
Loss · ₹1–5 Cr
▼ -177.0%
FY 2020
NET WORTH
₹5–10 Cr
▼ -24.8%
FY 2020
TOTAL ASSETS
₹25–50 Cr
▼ -13.0%
FY 2020
EMPLOYEE COUNT
501–510
OPEN CHARGES
4
-
PAID-UP CAPITAL
24.62 cr
AUTHORISED CAPITAL
24.62 cr
COMPANY AGE
23 Years 4 Months
since 2003-06-19
LAST FILING WITH ROC
2020-03-31
Last AGM: 2020-07-14
ACTIVE GST
2
Updated: 2023-02-23 01:18:28
TOTAL MONEY RAISED
₹10–25 Cr
SATISFIED CHARGES
5
24.24 cr

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

Health scores for Onward Eservices 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 Moderate
56/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (30), financial health (45), director (95) and company-foundation signals.
  • Operating for 23+ years.
Compliance Score High risk
30/100
Statutory filings, status and regulatory flags.
  • Company status is "Amalgamated" (not Active).
  • Last balance sheet filed for Mar 2020 - filings look overdue.
Financial Health Score High risk
45/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2020.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 6 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 Onward Eservices Company identity, industry, contact, and registration details from MCA and company records.

Onward Eservices is shown as "Amalgamated" in MCA records. It was registered with ROC Mumbai on 19 June 2003 as a public limited company. Its registered office is at Sterling Centre, 2Nd Floor, Dr. A.B. Road, Worli, Mumbai, Maharashtra. It was earlier known as Onsoft Technologies Limited.

Its filings describe the main line of business as computer programming, consultancy and related activities, which made up 100% of turnover.

It has six directors: Aishwarya Atul Dhayagude, Devanand Ramandasani, Sankar Venkatanarayanan and 3 others. The longest-serving is Jigar Harish Mehta, on the board since 2016; the most recent to join is Devanand Ramandasani, appointed in October 2019. 11 former directors are on record; the most recent to leave was Venkatasatyasriman Narayanacharyulu Mudumbi in July 2019. Between them, the directors also sit on the boards of 2 other companies, including Bangalore Spokes Private Limited and Gmcks Storylab Studio LLP.

Authorised and paid-up capital are both ₹24.62 crore, so the full authorised amount has been issued. The last AGM on record was on 14 July 2020, for accounts made up to 31 March 2020. All five charges registered against it have been satisfied, so no secured loan is open.

Information Technology ••••••••
  • Location Sterling Centre, 2Nd Floor, Dr. A.B. Road, Worli, Mumbai, Maharashtra - 400018
  • Website onwardgroup.com
Name History
Legal NameOnward Eservices Limited
CIN / LLPINU72900MH2003PLC140979
Company No.140979
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2003-06-19
Date of AGM2020-07-14
Date of Balance Sheet2020-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingA3 (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Onward Eservices (6) Current board members from MCA filings, including designation and appointment details.

A
Aishwarya Atul Dhayagude
Company Secretary | Since 2019-04-15
D
Devanand Ramandasani
CFO | Since 2019-10-23
S
Director | Since 2019-10-23 | DIN: 08578294
D
CFO | Since 2019-10-23 | DIN: 09426139
P
Director | Since 2018-05-15 | DIN: 02106768
J
Whole-time director | Since 2016-05-16 | DIN: 06829197

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

Estimated bands · FY 2020
Revenue ₹50–100 Cr ▼ -5.0%
P&L Loss · ₹1–5 Cr ▼ -341.5%
EBITDA Loss · ₹1–5 Cr ▼ -177.0%
Net worth ₹5–10 Cr ▼ -24.8%

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Verified entity values are shown only after access is granted.

Charges of Onward Eservices Open and satisfied charges registered against the company with MCA.

Yes Bank Limited : 11.45 cr
Others : 7.50 cr
Sicom Limited : 4.00 cr
Axis Bank Limited : 1.29 cr
Open Charges: 4 Satisfied Charges: 5
Open -
Satisfied 24.24 cr
LenderAmountStatus
Yes Bank Limited
Creation Date: 07 Jan 2020
2.00 cr Closed
Yes Bank Limited
Creation Date: 26 Mar 2018
9.45 cr Closed
Others
Creation Date: 10 Dec 2009
7.50 cr Closed

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

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

Companies With Common Directors Of Onward Eservices Other companies that share directors with this entity, based on MCA and compliance network data.

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

7 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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

3 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 Onward Eservices 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 Onward Eservices 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

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MSME Payment Delays by Onward Eservices 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 Onward Eservices 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 Onward Eservices Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Onward Eservices?
MCA does not publish an "owner" field. Onward Eservices is run by its directors, Aishwarya Atul Dhayagude, Devanand Ramandasani, Sankar Venkatanarayanan and three others. 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 Onward Eservices?
Onward Eservices has six current directors: Aishwarya Atul Dhayagude (since April 2019), Devanand Ramandasani (since October 2019), Sankar Venkatanarayanan (since October 2019), Devanand Ramandasani (since October 2019), Parish Arun Meghani (since May 2018) and Jigar Harish Mehta (since May 2016).
What is CIN of Onward Eservices?
The CIN of Onward Eservices is U72900MH2003PLC140979. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, MH is Maharashtra, 2003 is the year it was registered, PLC is the company type and 140979 is its registration number.
When was Onward Eservices incorporated?
Onward Eservices was incorporated on 19 June 2003 with ROC Mumbai. That makes it about 23 years old.
What is the registered address of Onward Eservices?
The registered office on MCA records is Sterling Centre, 2Nd Floor, Dr. A.B. Road, Worli, Mumbai, Maharashtra - 400018.
What is the current status of Onward Eservices?
MCA shows Onward Eservices as "Amalgamated". It has been merged into another company and no longer exists on its own.
What is the contact number or email for Onward Eservices?
You can post to its registered office at Sterling Centre, 2Nd Floor, Dr. A.B. Road, Worli, Mumbai, Maharashtra - 400018 and use its website, https://onwardgroup.com.
What industry or business activity is Onward Eservices associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Onward Eservices?
Both authorised and paid-up capital are ₹24.62 crore.
When did Onward Eservices last file accounts and hold an AGM?
The last AGM on record was on 14 July 2020, and the latest balance sheet is for the year ending 31 March 2020.
Where can I see charges and lenders for Onward Eservices?
No charge is open. All five charges registered against Onward Eservices have been satisfied. Lenders named in the filings include Yes Bank Limited, Axis Bank Limited and Sicom Limited.
Have any directors left Onward Eservices?
Yes, 11 former directors are on record. The most recent to leave were Venkatasatyasriman Narayanacharyulu Mudumbi (July 2019), Ujjwala Prashant Soman (July 2019) and Yateen Madhukar Chodnekar (July 2018).
Which companies share directors with Onward Eservices?
2 companies share directors with Onward Eservices: Bangalore Spokes Private Limited and Gmcks Storylab Studio LLP.
What is the turnover or revenue of Onward Eservices?
Based on filed financial statements, the revenue of Onward Eservices for FY 2020 was in the ₹50–100 Cr range. That is down 5.0% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Onward Eservices?
For FY 2020, the net worth of Onward Eservices was in the ₹5–10 Cr range.
How can I get the financial details of Onward Eservices?
The latest accounts on record are for FY 2020. 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 Onward Eservices?
The website on record for Onward Eservices is https://onwardgroup.com.
Which company owns onwardgroup.com?
onwardgroup.com is the website listed for Onward Eservices Limited in its company records.
Onward Eservices - is it listed or unlisted?
Onward Eservices 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 Onward Eservices?
Onward Eservices is registered with ROC Mumbai.
What is the company classification of Onward Eservices?
MCA classifies Onward Eservices as: Public Limited Indian Non-Government Company.
Does Onward Eservices have GST registrations on file?
Yes, 2 active GST registrations are linked to Onward Eservices, usually one per state it operates in.

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.