Pierian Services Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 10-07-2024
- Paid Up Capital ₹ 3.61 Cr
as on 10-07-2024
- Company Age 21 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.68 Cr
as on 10-07-2024
- Satisfied Charges ₹ 4.39 Cr
as on 10-07-2024
- Revenue 36.18%
(FY 2022)
- Profit 50.77%
(FY 2022)
- Ebitda 62.65%
(FY 2022)
- Net Worth 24.50%
(FY 2022)
- Total Assets 31.63%
(FY 2022)
About Pierian Services
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 4.00 Cr and a paid-up capital of Rs 3.61 Cr.
The company currently has active open charges totaling ₹20.68 Cr. The company has closed loans amounting to ₹4.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Subramaniam Muthu, Kanathur Narasimhamurthy, Chetan Venugopal, and One other member serve as directors at the Company.
- CIN/LLPIN
U74140KA2002PTC031404
- Company No.
031404
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Pierian Services?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Aggarwal  | Director | 06-Apr-2018 | Current |
| Chetan Venugopal | Whole-Time Director | 27-Dec-2002 | Current |
| Subramaniam Muthu | Director | 23-Jan-2023 | Current |
| Kanathur Narasimhamurthy | Whole-Time Director | 27-Dec-2002 | Current |
Financial Performance and Corporate Structure Insights of Pierian Services.
Pierian Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.18% increase. The company also saw a substantial improvement in profitability, with a 50.77% increase in profit. The company's net worth Soared by an impressive increase of 24.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Pierian Services?
In 2022, Pierian Services had a promoter holding of 88.00% and a public holding of 12.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Datastax Software Private LimitedActive 3 years 6 monthsKanathur Narasimhamurthy and Chetan Venugopal are mutual person
Pierian Digital Private LimitedActive 8 years 7 monthsKanathur Narasimhamurthy and Chetan Venugopal are mutual person
- Flat World Interactive Services Private LimitedActive 18 years 10 months
Kanathur Narasimhamurthy and Chetan Venugopal are mutual person
- Encore Pierian Logistics Business Services LimitedActive 13 years 2 months
Kanathur Narasimhamurthy is a mutual person
Vardaan Advisors Private LimitedActive 10 years 4 monthsKanathur Narasimhamurthy is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 24 Feb 2023 | ₹4.97 M | Open |
Others Creation Date: 27 Sep 2018 | ₹20.18 Cr | Open |
The Karnataka Bank Limited Creation Date: 29 Mar 2012 | ₹4.95 M | Satisfied |
How Many Employees Work at Pierian Services?
Pierian Services has a workforce of 1866 employees as of Apr 05, 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 Pierian 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 Pierian 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.
