Pierian Services Private Limited

Provides business process outsourcing services in finance, accounting, HR, payroll, and back office transactions.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated:

Pierian Services Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.61 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.77 Cr
  • Satisfied Charges ₹ 4.39 Cr
  • Revenue Growth 36.18%
  • Profit Growth 50.77%
  • Ebitda 62.65%
  • Net Worth 24.50%
  • Total Assets 31.63%

About Pierian Services

Pierian Services Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 2002 and has a history of 22 years and three months. Its registered office is in Bangaluru, Karnataka, 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 2024. 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 ₹23.77 Cr. The company has closed loans amounting to ₹4.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Aggarwal, Chetan Venugopal, and Kanathur Narasimhamurthy 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

    U74140KA2002PTC031404

  • Company No.

    031404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing
Company report

Pierian Services Private Limited

Explore comprehensive data for Pierian Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pierian Services?

Board Members (3)

NameDesignationAppointment DateStatus
Manish Aggarwal Country flag representing In Director 06-Apr-2018Current
Chetan Venugopal Country flag representing In Whole-Time Director 29-Aug-2016Current
Kanathur Narasimhamurthy Country flag representing In Whole-Time Director 29-Aug-2016Current

Financial Performance 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%.

Pierian Services revenue growth over time
Pierian Services 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
36.18%
Revenue from Operations
37.80%
Total Assets
31.63%
Profit or Loss
50.77%
Net Worth
24.50%
EBITDA
62.65%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.77 Cr

Satisfied Charges

₹4.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.27 Cr
  • Axis Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2023Axis Bank Limited₹4.97 MOpen
27 Sep 2018Others₹23.27 CrOpen
29 Mar 2012The Karnataka Bank Limited₹4.95 MSatisfied
21 Dec 2010The Karnataka Bank Limited₹3.90 MSatisfied
17 Mar 2005Others₹3.50 CrSatisfied

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.

Employee growth trends for Pierian Services Private Limited

Deals i

Graph showing company valuation over time

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

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 Pierian Services

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 23.27 Cr registered on 27 Sep 2018 with Charge ID 100209063 was modified on 18 Oct 2024.

  • Annual General Meeting

    Pierian Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Pierian Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100748623 was registered on 24 Feb 2023.

  • Charges

    A charge registered on 29 Mar 2012 via Charge ID 10348808 with The Karnataka Bank Limited was fully satisfied on 09 Nov 2018.

  • Charges

    A charge registered on 17 Mar 2005 via Charge ID 80012098 with Others was fully satisfied on 09 Nov 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Pierian Services Private Limited?

    Pierian Services Private Limited was incorporated on 27 Dec 2002.

  • What is authorized share capital and paid-up capital of Pierian Services Private Limited?

    The authorized share capital of Pierian Services Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.61 Cr.

  • Who are the current board members & directors of Pierian Services Private Limited?

    Currently 3 directors are associated with Pierian Services Private Limited.

    • Manish Aggarwal
    • Chetan Venugopal
    • Kanathur Gurunath Narasimhamurthy

  • What is the registered address of Pierian Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pierian Services Private Limited is N0.979 1St Floor, 19Th Main13Th Cross B.S.K 2Nd Stage India, Bangalore, Karnataka, 560070.

  • What is the corporate identification number (CIN) and company number of Pierian Services Private Limited?

    The corporate identification number (CIN) of Pierian Services Private Limited is U74140KA2002PTC031404 and the company number is 031404 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pierian Services Private Limited?

    The Official website of Pierian Services Private Limited is https://www.pierianservices.com

  • What has been the recent revenue trend for Pierian Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pierian Services Private Limited has risen by 36.18%.

  • How many employees does Pierian Services Private Limited currently have?

    As Per 2022 financial reports, 1866 employees are currently employed by Pierian Services Private Limited.

  • What change has been observed in the net worth of Pierian Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pierian Services Private Limited has experienced an upsurge of 24.50%.

  • What are the total open charges for Pierian Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Pierian Services Private Limited amount to ₹ 23.77 Cr.

  • When was the last Balance Sheet of Pierian Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Pierian Services Private Limited was filed with the ROC on 31 Mar 2024.

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