Teamlease Services Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 16.77 Cr
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 348.01 Cr
- Satisfied Charges ₹ 70.25 Cr
- Revenue Growth 22.15%
- Profit Growth 332.05%
- Ebitda -10.22%
- Net Worth 14.58%
- Total Assets 15.74%
About Teamlease Services
Teamlease Services Limited (TSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 2000 and has a history of 25 years and one month. Its registered office is in Bangalore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539658.
The Corporate was formerly known as India Life Chakravarti Actuarial Services Pvt Ltd. 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 25.00 Cr and a paid-up capital of Rs 16.77 Cr.
The company currently has active open charges totaling ₹348.01 Cr. The company has closed loans amounting to ₹70.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Teamlease Services Limited India are Ramani Dathi as CFO and Alaka Chanda as Company Secretary. Ashok Nedurumalli, Viswanathan Raghunathan, Manish Sabharwal, and Seven other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
L74140KA2000PLC118395
- Company No.
118395
- Stock Symbol
BSE : 539658
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Feb 2000
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Business Outsourcing
What products or services does Teamlease Services Limited offer?
Teamlease Services Limited offers a wide range of products and services, including Actuarial & Risk Management, Risk Management Services, Job Consultation Service, Recruitment Service, Contract Employment & Staffing Firms, Staffing Service, HR Outsourcing, Manpower Outsourcing, Labor Service, Semi Skilled Manpower Supply Services.
Who are the key members and board of directors at Teamlease Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Nedurumalli  | Managing Director | 03-Sep-2015 | Current |
| Ramani Dathi | CFO | 24-Mar-2021 | Current |
| Alaka Chanda | Company Secretary | 30-Oct-2018 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramaniam Somasundaram | Director | 28-Jul-2021 | Current |
| Narayan Ramachandran | Director | 09-Jul-2015 | Current |
Meenakshi Nevatia  | Director | 28-Jul-2021 | Current |
| Viswanathan Raghunathan | Director | 09-Jul-2015 | Current |
| Manish Sabharwal | Whole-Time Director | 02-Feb-2000 | Current |
| Rajnarayan Ramakrishnan | Director | Current |
Financial Performance of Teamlease Services.
Teamlease Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.15% increase. The company also saw a substantial improvement in profitability, with a 332.05% increase in profit. The company's net worth Soared by an impressive increase of 14.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Teamlease Services?
In 2022, Teamlease Services had a promoter holding of 31.51% and a public holding of 68.48%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Caspian Impact Investments Private LimitedNarayan Ramachandran is a mutual person
Charges (Loans)
Open Charges
₹348.01 Cr
Satisfied Charges
₹70.25 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 270.00 Cr
- Others : 35.00 Cr
- State Bank Of India : 25.01 Cr
- Axis Bank Limited : 18.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Hdfc Bank Limited | ₹150.00 Cr | Open |
| 08 Jul 2021 | State Bank Of India | ₹25.00 Cr | Open |
| 05 Feb 2021 | Axis Bank Limited | ₹18.00 Cr | Open |
| 23 Sep 2019 | Others | ₹35.00 Cr | Open |
| 24 Aug 2017 | State Bank Of India | ₹0.09 M | Open |
How Many Employees Work at Teamlease Services?
Teamlease Services has a workforce of 244893 employees as of Apr 02, 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 Teamlease 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 Teamlease 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.
Latest Updates, News, and FAQs on Teamlease Services
Recent activity within the organization
- Charges
A charge registered on 27 Jan 2016 via Charge ID 100059239 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.
- Charges
A charge registered on 22 Dec 2006 via Charge ID 10037277 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.
- Charges
A charge registered on 29 May 2020 via Charge ID 100339664 with Others was fully satisfied on 09 Jan 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Cr with Charge ID 100846689 was registered on 29 Dec 2023.
- Charges
A charge registered on 12 Sep 2017 via Charge ID 100130745 with Others was fully satisfied on 16 Dec 2023.
- Charges
A charge with State Bank Of India of Rs. 0.01 Cr registered on 24 Aug 2017 with Charge ID 100128279 was modified on 15 Dec 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Teamlease Services Limited?
Teamlease Services Limited was incorporated on 02 Feb 2000.
What is authorized share capital and paid-up capital of Teamlease Services Limited?
The authorized share capital of Teamlease Services Limited is ₹ 25.00 Cr and paid-up capital is ₹ 16.77 Cr.
Who are the current board members & directors of Teamlease Services Limited?
Currently 12 directors are associated with Teamlease Services Limited.
- Ashok Kumar Nedurumalli
- Viswanathan Raghunathan
- Manish Mahendra Sabharwal
- Subramaniam Somasundaram
- Narayan Ramachandran
- Rajnarayan Ramakrishnan
- Mekin Maheshwari
- Latika Prakash Pradhan
- Rituparna Chakraborty
- Meenakshi Nevatia
- Ramani Dathi
- Alaka Chanda
What is the registered address of Teamlease Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Teamlease Services Limited is 6Th Floor Bmtc Commercial Complex, 80 Feet Road Koramangala, Bangalore, Karnataka, India, 560095.
What is the corporate identification number (CIN) and company number of Teamlease Services Limited?
The corporate identification number (CIN) of Teamlease Services Limited is L74140KA2000PLC118395 and the company number is 118395 as per Ministry of Corporate Affairs (MCA).
Is Teamlease Services Limited registered with any stock exchange in India?
Yes, Teamlease Services Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Teamlease Services Limited?
The Official website of Teamlease Services Limited is https://www.teamlease.com
What has been the recent revenue trend for Teamlease Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Teamlease Services Limited has risen by 22.15%.
How many employees does Teamlease Services Limited currently have?
As Per 2023 financial reports, 244893 employees are currently employed by Teamlease Services Limited.
What change has been observed in the net worth of Teamlease Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Teamlease Services Limited has experienced an upsurge of 14.58%.
What are the total open charges for Teamlease Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Teamlease Services Limited amount to ₹ 348.01 Cr.
When was the last Balance Sheet of Teamlease Services Limited filed with the ROC?
The most recent Balance Sheet for Teamlease Services Limited was filed with the ROC on 31 Mar 2023.
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