Adecco India Private Limited

This company provides human resources solutions, including executive search, recruitment, and training services.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: December 06, 2024

Adecco India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.38 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.07 Cr
  • Revenue Growth 11.81%
  • Profit Growth -230.32%
  • Ebitda -154.92%
  • Net Worth -12.59%
  • Total Assets 0.82%

About Adecco India

Adecco India Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 1999 and has a history of 25 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Adecco Peopleone India Private Limited. The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.38 Cr.

The company has closed loans amounting to ₹1.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Adarshanand Sudhakar, Arya Mathew, and Sunil Chemmankotil serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adecco.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA1999PTC051999

  • Company No.

    051999

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1999

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Adecco India Private Limited offer?

Adecco India Private Limited offers a wide range of products and services, including HR & Payroll Outsourcing Services, HR Outsourcing, Research and Development (R&D) Work, Product Development Research.

Who are the key members and board of directors at Adecco India?

Board Members (3)

NameDesignationAppointment DateStatus
Adarshanand Sudhakar Country flag representing In Director 03-Mar-2023Current
Arya Mathew Country flag representing In Director 29-Sep-2023Current
Sunil Chemmankotil Director 07-May-2024Current

Financial Performance of Adecco India.

Adecco India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.81% increase. The company also saw a substantial fall in profitability, with a 230.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.59%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
11.81%
Revenue from Operations
12.42%
Total Assets
0.82%
Profit or Loss
-230.32%
Net Worth
-12.59%
EBITDA
-154.92%

What is the Ownership and Shareholding Structure of Adecco India?

In 2023, Adecco India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.07 Cr

Charges Breakdown by Lending Institutions

  • Uti Bank Limited : 0.65 Cr
  • Uti Bank Ltd. : 0.30 Cr
  • Kotak Mahindra Prime Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2010Kotak Mahindra Prime Limited₹1.18 MSatisfied
01 Oct 2003Uti Bank Limited₹6.50 MSatisfied
01 Oct 2003Uti Bank Ltd.₹3.00 MSatisfied

How Many Employees Work at Adecco India?

Adecco India has a workforce of 39575 employees as of Dec 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adecco India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adecco India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adecco India

Recent activity within the organization

  • Director Appointment

    Sunil Chemmankotil was appointed as a Director was appointed as a Director on 07 May 2024 & has been associated with this company since 9 months 17 days .

    07 May 2024

  • Annual General Meeting

    Adecco India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Arya Mathew was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

  • Balance Sheet

    Adecco India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Adarshanand Sudhakar was appointed as a Director was appointed as a Director on 03 Mar 2023 & has been associated with this company since 1 year 11 months .

    03 Mar 2023

  • Charges

    A charge registered on 28 Jul 2010 via Charge ID 10233864 with Kotak Mahindra Prime Limited was fully satisfied on 08 Sep 2012.

    08 Sep 2012

Frequently asked questions

  • Adecco India Private Limited was incorporated on 24 Nov 1999.

  • The authorized share capital of Adecco India Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.38 Cr.

  • Currently 3 directors are associated with Adecco India Private Limited.

    • Adarshanand Sudhakar
    • Arya Mathew
    • Sunil Chemmankotil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adecco India Private Limited is Brigade Metropolis B-9 13Th Floor Itpl Main Road Garudachar Palya Mahadevpura, India, Bengaluru, Karnataka, 560048.

  • The corporate identification number (CIN) of Adecco India Private Limited is U72900KA1999PTC051999 and the company number is 051999 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adecco India Private Limited is https://www.adecco.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adecco India Private Limited has risen by 11.81%.

  • As Per 2023 financial reports, 39575 employees are currently employed by Adecco India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adecco India Private Limited has experienced an downturn of -12.59%.

  • The most recent Balance Sheet for Adecco India Private Limited was filed with the ROC on 31 Mar 2023.

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