Teamlease Hrtech Private Limited

Provides software and staffing services for online career development.

2005 | Banglalore, Karnataka (India) | Active
Last Updated: July 26, 2024

Teamlease Hrtech Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.29 M
  • Revenue Growth -11.25%
  • Profit Growth 180.46%
  • Ebitda 854.30%
  • Net Worth 21.68%
  • Total Assets -9.04%

About Teamlease Hrtech

Teamlease Hrtech Private Limited (THPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2005 and has a history of 19 years and one month. Its registered office is in Banglalore, Karnataka, India.

The Corporate was formerly known as Teamlease E-Hire 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 2.00 M and a paid-up capital of Rs 0.11 M.

The company has closed loans amounting to ₹2.29 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashok Nedurumalli, Ramani Dathi, and Alaka Chanda serve as directors at the Company.

Company Details

  • Location

    Banglalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005PTC113117

  • Company No.

    113117

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2005

  • Date of AGM

    08 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 Teamlease Hrtech?

Board Members (3)

Name Designation Appointment Date Status
Alaka Chanda Country flag representing In Director 23-Mar-2021 Current
Ashok Nedurumalli Country flag representing In Director 01-Jun-2017 Current
Ramani Dathi Country flag representing In Director 21-Jan-2019 Current

Financial Performance of Teamlease Hrtech.

Teamlease Hrtech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.25% decrease. The company also saw a substantial improvement in profitability, with a 180.46% increase in profit. The company's net worth Soared by an impressive increase of 21.68%.

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
-11.25%
Revenue from Operations
-15.53%
Total Assets
-9.04%
Profit or Loss
180.46%
Net Worth
21.68%
EBITDA
854.30%

What is the Ownership and Shareholding Structure of Teamlease Hrtech?

In 2023, Teamlease Hrtech 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

₹2.29 M

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 0.18 Cr
  • The Catholic Syrian Bank Ltd : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
26 Jun 2014 Icici Bank Limited ₹1.80 M Satisfied
26 Mar 2013 The Catholic Syrian Bank Ltd ₹0.49 M Satisfied

How Many Employees Work at Teamlease Hrtech?

Teamlease Hrtech has a workforce of 29 employees as of Apr 07, 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 Teamlease Hrtech, 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 Teamlease Hrtech'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 Teamlease Hrtech

Recent activity within the organization

  • Annual General Meeting

    Teamlease Hrtech Private Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.

    08 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Alaka Chanda was appointed as a Director was appointed as a Director on 23 Mar 2021 & has been associated with this company since 3 years 10 months .

    23 Mar 2021

  • Director Appointment

    Ramani Dathi was appointed as a Director was appointed as a Director on 21 Jan 2019 & has been associated with this company since 6 years 12 days .

    21 Jan 2019

  • Charges

    A charge registered on 26 Jun 2014 via Charge ID 10519045 with Icici Bank Limited was fully satisfied on 12 Oct 2017.

    12 Oct 2017

  • Director Appointment

    Ashok Kumar Nedurumalli was appointed as a Director was appointed as a Director on 01 Jun 2017 & has been associated with this company since 7 years 8 months .

    01 Jun 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Teamlease Hrtech Private Limited was incorporated on 21 Dec 2005.

  • The authorized share capital of Teamlease Hrtech Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.11 M.

  • Currently 3 directors are associated with Teamlease Hrtech Private Limited.

    • Ashok Kumar Nedurumalli
    • Ramani Dathi
    • Alaka Chanda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Teamlease Hrtech Private Limited is 315 Work Avenue Campus Ascent Bldg. Koramangala Ind. Layout Jyoti Nivas College Road K, Oramangala, Banglalore, Karnataka, India, 560095.

  • The corporate identification number (CIN) of Teamlease Hrtech Private Limited is U72200KA2005PTC113117 and the company number is 113117 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Teamlease Hrtech Private Limited is https://www.hrtech.teamlease.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Teamlease Hrtech Private Limited has fallen by -11.25%.

  • As Per 2023 financial reports, 29 employees are currently employed by Teamlease Hrtech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Teamlease Hrtech Private Limited has experienced an upsurge of 21.68%.

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

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