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Searce Cosourcing Service
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SEARCE COSOURCING SERVICE PRIVATE LIMITED

www.searce.com

All Companies ›

Gujarat ›

Computer Related Services ›

SEARCE COSOURCING SERVICE PRIVATE LIMITED

Active

Updated: 03 Jul 2025

This company provides erection & commissioning services, fabrication services, machining services & mechanical engineering services .

Searce Cosourcing Service Private Limited, is an unlisted private company incorporated on 18 June, 2004. It is classified as a private limited company and is located in , . It's authorized share capital is INR 1.00 cr and the total paid-up capital is INR 1.00 cr.

Subscription Plans

Industry and products

Computer Related Services

Machining Services, Fabrication Services, Erection & Commissioning Services, Mechanical Engineering Services etc

Company size

Auth Capital

₹ 1.0 Cr

Paidup Capital

₹ 1.0 Cr

Revenue

₹ 750-1000 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

9.53%

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EBITDA

-74.88%

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Net Profit

-124.23%

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Networth

-7.52%

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Borrowings

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Assets

2.91%

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Gross Margin

-2.96

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Operating Margin

-4.72

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Net Profit Margin

-8.76

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Return on Equity

-39.17

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ROCE

-11.32

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Debt to Equity

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (4)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Hardik Mahasukhlal Parekh	00636858	21 years
Director	Pradeep Pavithran	05351473	13 years
Director	Ami Hardik Parekh	01918062	6 years
Director	Amee Mahasukhlal Parekh	09687095	3 years
Director	Abhishek Jhagarawat	07619948	6 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

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Balance Sheet

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Consolidated

₹

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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	1.0	1.0	1.0	1.0	1.0
Reserves	89.9	116.2	125.7	182.6	171.8
Borrowings +	6.7	0.3	0.3	0.3	0.3
Long term borrowings	-	-	-	-	-
Short term borrowings	6.7	0.3	0.3	0.3	0.3
Trade payables +	99.4	102.4	89.3	189.5	203.4
Days payable	177.0	101.0	98.0	126.0	119.0
Other liabilities +	142.8	156.5	166.3	285.3	318.4
Other non-current liabilities	0.5	0.5	1.3	4.8	1.6
Other current liabilities	43.0	53.6	75.7	91.0	113.4
Total liabilities	240.5	274.0	293.2	469.2	491.5
Fixed Assets +	17.6	17.0	15.9	14.5	32.8
Tangible assets	2.1	1.8	7.8	14.1	12.5
CWIP	1.0	2.4	8.0	-	0.1
Intangible assets	14.5	12.7	-	0.4	20.2
LT loans and advances	12.7	13.6	9.1	6.9	22.3
Other non-current assets	8.9	7.9	29.0	23.8	80.9
Current assets +	201.2	235.5	239.4	424.0	355.4
Inventories	0.3	0.2	-	-	-
Trade receivables	79.9	90.5	111.9	261.7	206.6
Cash and cash equivalents	42.9	34.9	28.1	26.5	38.3
ST loans and advances	31.4	29.8	29.0	40.8	18.5
Other current assets	46.7	80.2	70.3	94.9	91.9
Total assets	240.5	274.0	293.2	469.2	491.5

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.42	0.37	0.34	0.21	0.2
Reserves	37.38	42.41	42.86	38.93	34.96
Borrowings +	2.8	0.09	0.09	0.06	0.05
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	2.8	0.09	0.09	0.06	0.05
Trade payables	41.34	37.38	30.45	40.39	41.38
Other liabilities +	59.4	57.13	56.71	60.81	64.79
Other non-current liabilities	0.2	0.19	0.44	1.03	0.32
Other current liabilities	17.86	19.55	25.82	19.39	23.08
Total liabilities
Fixed Assets +	7.33	6.19	5.41	3.09	6.68
Tangible assets	0.88	0.66	2.66	3.01	2.55
CWIP	0.42	0.88	2.74	0.0	0.02
Intangible assets	6.03	4.65	0.01	0.08	4.1
LT loans and advances	5.29	4.95	3.09	1.46	4.54
Other non-current assets	3.71	2.88	9.87	5.08	16.46
Current assets +	83.67	85.98	81.63	90.36	72.32
Inventories	0.12	0.06	0.02	0.01	0.0
Trade receivables	33.23	33.03	38.18	55.78	42.04
Cash and cash equivalents	17.86	12.75	9.57	5.65	7.8
ST loans and advances	13.06	10.87	9.89	8.7	3.77
Other current assets	19.41	29.27	23.97	20.22	18.7
Total assets

Total assets

Charges on assets

Bank wise

Charges

CitiBank N.A.

No. of Loans: 3

Total Amount : 10.9 cr

Charge Holder	Amount	Date of creation/modification
CitiBank N.A.	6.0 cr	03 May, 2019
CitiBank N.A.	4.0 cr	27 Nov, 2013
CitiBank N.A.	0.9 cr	13 Sep, 2010

Charges

CitiBank N.A.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
FEECOUNTER ONLINE SERVICES PRIVATE LIMITED	Active	1.0 L	2	Gujarat
CONSULARIS TECHNOLOGY SOLUTIONS PRIVATE LIMITED	Active	1.1 L	2	Maharashtra
SEARCE LOGISTICS ANALYTICS PRIVATE LIMITED	Converted to LLP and Dissolved	1.0 L	2	Maharashtra
SEARCE LOGISTICS ANALYTICS LLP	Active	1.0 L	2	Maharashtra
GREEN CIRCLE REALTY LLP	Active	1.0 L	2	Maharashtra
BELMONDO RESIDENCES LLP	Active	1.0 L	2	Maharashtra
ERGODOT WORKLIFE DESIGNS LLP	Active	1.0 L	2	Gujarat
SEARCE INDIA PRIVATE LIMITED	Active	1.0 Cr	2

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
CONSULARIS TECHNOLOGY SOLUTIONS PRIVATE LIMITED	Maharashtra	2004	₹ 1.1 L

Tofler Score

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Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U72900GJ2004PTC044322

PAN

AAICS2159P

Incorporation

2004, 21.1 years

Company Email

secretarial@searce.com

Paid up Capital

₹ 1.0 Cr

Authorised Capital

₹ 1.0 Cr

AGM

Sep 2024

Type

Private

Others

FAQ - SEARCE COSOURCING SERVICE PRIVATE LIMITED

What is the incorporation date of SEARCE COSOURCING SERVICE PRIVATE LIMITED?

The incorporation date of SEARCE COSOURCING SERVICE PRIVATE LIMITED is 18 June, 2004

What is the authorized share capital of SEARCE COSOURCING SERVICE PRIVATE LIMITED?

The authorized share capital of SEARCE COSOURCING SERVICE PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the paid-up capital of SEARCE COSOURCING SERVICE PRIVATE LIMITED?

The paid-up capital of SEARCE COSOURCING SERVICE PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the registered address of SEARCE COSOURCING SERVICE PRIVATE LIMITED?

The registered address of SEARCE COSOURCING SERVICE PRIVATE LIMITED is 31, ARHAM, SUBHASH ROAD, MOTI TANKI, RAJKOT, Gujarat, India, 360001 - 360001

What is the CIN number of SEARCE COSOURCING SERVICE PRIVATE LIMITED?

The CIN number of SEARCE COSOURCING SERVICE PRIVATE LIMITED is U72900GJ2004PTC044322.

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