Neeyamo Enterprise Solutions Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 28.88 Cr
- Company Age 16 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.85 M
- Revenue Growth -30.53%
- Profit Growth -141.61%
- Ebitda -123.97%
- Net Worth -8.13%
- Total Assets -13.78%
About Neeyamo Enterprise Solutions
Neeyamo Enterprise Solutions Private Limited (NESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 2009 and has a history of 16 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
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 30.00 Cr and a paid-up capital of Rs 28.88 Cr.
The company currently has active open charges totaling ₹5.85 M.
The Key Managerial Personnel (KMP) at Neeyamo Enterprise Solutions Private Limited India is Nikhil Chitale as COMPANY SECRETARY. Ashok Bildikar and Rangarajan Seshadri serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TN2009PTC070707
- Company No.
070707
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 2009
- Date of AGM
21 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Business Outsourcing
Who are the key members and board of directors at Neeyamo Enterprise Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikhil Chitale | Company Secretary | 01-Aug-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Bildikar  | Director | 22-Jan-2010 | Current |
| Rangarajan Seshadri | Director | 22-Jan-2010 | Current |
Financial Performance of Neeyamo Enterprise Solutions.
Neeyamo Enterprise Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.53% decrease. The company also saw a substantial fall in profitability, with a 141.61% decrease in profit. The company's net worth dipped by a decrease of 8.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Neeyamo Enterprise Solutions?
In 2023, Neeyamo Enterprise Solutions had a promoter holding of 62.41% and a public holding of 37.58%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Neeyamoworks Technologies Private Limited
Ashok Bildikar, Nikhil Chitale and 1 more are mutual person
- Neeyamo Staffing Services Private Limited
Ashok Bildikar and Rangarajan Seshadri are mutual person
- Neeyamo Bgv Services Private Limited
Ashok Bildikar and Rangarajan Seshadri are mutual person
- Neeyamo Foundation
Ashok Bildikar is a mutual person
Charges (Loans)
Open Charges
₹0.58 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2018 | Others | ₹5.85 M | Open |
How Many Employees Work at Neeyamo Enterprise Solutions?
Neeyamo Enterprise Solutions has a workforce of 544 employees as of Apr 04, 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 Neeyamo Enterprise Solutions, 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 Neeyamo Enterprise Solutions'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.
Latest Updates, News, and FAQs on Neeyamo Enterprise Solutions
Recent activity within the organization
- Annual General Meeting
Neeyamo Enterprise Solutions Private Limited last Annual general meeting of members was held on 21 Nov 2023 as per latest MCA records.
- Director Appointment
Nikhil Nandakumar Chitale was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2023 & has been associated with this company since 1 year 7 months .
- Balance Sheet
Neeyamo Enterprise Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100203800 was registered on 11 Sep 2018.
- Director Appointment
Ashok Bildikar was appointed as a Director was appointed as a Director on 22 Jan 2010 & has been associated with this company since 15 years 2 months .
- Director Appointment
Rangarajan Seshadri was appointed as a Director was appointed as a Director on 22 Jan 2010 & has been associated with this company since 15 years 2 months .
Recent News, Updates & Announcement
SAP Partner Neeyamo Expands HR Services with SuccessFactors Solutions, Becoming Ultimate HRO Partner.When you're an SAP partner and reseller, you gotta expand your services to include HR outsourcing with SAP SuccessFactors solutions. Neeyamo is a boss at this and can now offer a complete HRIS suite with their own solutions and SAP's. They're basically the ultimate HRO partner. Vivek Khanna, Chief Client Partner at Neeyamo, is stoked about this partnership and how it simplifies HR and payroll processes. Neeyamo is also a pro at global payroll and background verification..
- Neeyamo's New Boss Pradeep Subherwal Takes Charge of HR and Payroll Game #HRPowerMoves #SameGoals.
Neeyamo hires new boss man Pradeep Subherwal to lead HR and payroll game. #NewBossSameGoals #HRPowerMoves.
- Launch of the First APAC Chapter of the Global Payroll Management Institute in Pune, India.
/PRNewswire/ -- Neeyamo is pleased to announce its association with the Global Payroll Management Institute (GPMI) in launching its maiden chapter in the APAC....
- Neeyamo Announces the Launch of NeeyamoWorks, Its Technology and Innovation Wing, and Appoints Yegnaswamy Yegnanarayanan as Its CEO.
/PRNewswire/ -- Neeyamo is elated to announce the launch of NeeyamoWorks, its technology and innovation wing, and the appointment of Yegnaswamy Yegnanarayanan....
- Neeyamo Named a 'Star Performer' Yet Again in Everest Group's Multi-Country Payroll Outsourcing Market Assessment.
/PRNewswire/ -- Neeyamo, a global leader in providing platform-enabled HR & Payroll solutions has been recognized as a Star Performer in the Multi-Country....
Frequently asked questions
What is the Incorporation or founding date of Neeyamo Enterprise Solutions Private Limited?
Neeyamo Enterprise Solutions Private Limited was incorporated on 10 Feb 2009.
What is authorized share capital and paid-up capital of Neeyamo Enterprise Solutions Private Limited?
The authorized share capital of Neeyamo Enterprise Solutions Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 28.88 Cr.
Who are the current board members & directors of Neeyamo Enterprise Solutions Private Limited?
Currently 3 directors are associated with Neeyamo Enterprise Solutions Private Limited.
- Ashok Bildikar
- Nikhil Nandakumar Chitale
- Rangarajan Seshadri
What is the registered address of Neeyamo Enterprise Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Neeyamo Enterprise Solutions Private Limited is Block No.A (Module 4) 5Th Floor Sp Infocity No.40 Mgr Salai Perungudi Kandanchava, Di, Chennai, Tamil Nadu, India, 600096.
What is the corporate identification number (CIN) and company number of Neeyamo Enterprise Solutions Private Limited?
The corporate identification number (CIN) of Neeyamo Enterprise Solutions Private Limited is U72200TN2009PTC070707 and the company number is 070707 as per Ministry of Corporate Affairs (MCA).
What is the official website of Neeyamo Enterprise Solutions Private Limited?
The Official website of Neeyamo Enterprise Solutions Private Limited is https://www.neeyamo.com
What has been the recent revenue trend for Neeyamo Enterprise Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Neeyamo Enterprise Solutions Private Limited has fallen by -30.53%.
How many employees does Neeyamo Enterprise Solutions Private Limited currently have?
As Per 2023 financial reports, 544 employees are currently employed by Neeyamo Enterprise Solutions Private Limited.
What change has been observed in the net worth of Neeyamo Enterprise Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Neeyamo Enterprise Solutions Private Limited has experienced an downturn of -8.13%.
What are the total open charges for Neeyamo Enterprise Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Neeyamo Enterprise Solutions Private Limited amount to ₹ 5.85 M.
When was the last Balance Sheet of Neeyamo Enterprise Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Neeyamo Enterprise Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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