Needs Manpower Support Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.82 Cr
- Satisfied Charges ₹ 3.90 Cr
- Revenue Growth 2.92%
- Profit Growth 14.70%
- Ebitda -5.62%
- Net Worth 15.97%
- Total Assets 11.25%
About Needs Manpower Support Services
Needs Manpower Support Services Private Limited (NMSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2007 and has a history of 17 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Needs Facility & Manpower Support Services 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹12.82 Cr. The company has closed loans amounting to ₹3.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohan Srinivasa and Massaneni Venkatesh serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74910KA2007PTC042094
- Company No.
042094
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Outsourcing
Who are the key members and board of directors at Needs Manpower Support Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohan Srinivasa  | Managing Director | 14-Mar-2007 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Massaneni Venkatesh | Director | 14-Mar-2007 | Current |
Financial Performance of Needs Manpower Support Services.
Needs Manpower Support Services Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.92% increase. The company also saw a substantial improvement in profitability, with a 14.7% increase in profit. The company's net worth Soared by an impressive increase of 15.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Needs Manpower Support Services?
In 2023, Needs Manpower Support Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹12.82 Cr
Satisfied Charges
₹3.90 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 12.50 Cr
- State Bank Of Mysore : 0.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2023 | State Bank Of India | ₹3.00 Cr | Open |
| 22 Jan 2009 | State Bank Of Mysore | ₹3.20 M | Open |
| 12 Mar 2008 | State Bank Of India | ₹9.50 Cr | Open |
| 09 Mar 2022 | State Bank Of India | ₹1.00 Cr | Satisfied |
| 17 Oct 2020 | State Bank Of India | ₹1.40 Cr | Satisfied |
How Many Employees Work at Needs Manpower Support Services?
Needs Manpower Support Services has a workforce of 17058 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Needs Manpower Support Services, 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 Needs Manpower Support Services's trajectory.
Rating
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
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.