About Essprout Technologies (OPC) Private Limited
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Essprout Technologies (OPC) Private Limited is a one person company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018OPC116627. Its GSTIN is 29AAFCE1797A1ZN (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by director Gowrishankar Thotaiah.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 2176 2 A – Block Aecs Layout, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.98 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.93 Lakh (net margin -3.6%) and EBITDA of -₹2.93 Lakh (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 122% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Essprout.
For more details, the company can be reached via its website essprout.com.
Company details
Contact details
Essprout Technologies (OPC) Private Limited's registered office is in Bangalore, Karnataka. Its website is essprout.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 2176 2 A – Block Aecs Layout, Bangalore, Karnataka, India – 560068
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Essprout Technologies (OPC) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Essprout Technologies operates one associated brand: Essprout. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers staffing, RPO, and IT consulting with technology-driven solutions for businesses. | essprout.com |
Business activity
The main business activity of Essprout Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Essprout Technologies (OPC) Private Limited, buy the company report.
Financials of Essprout Technologies (OPC) Private Limited
FY 2024 filings availableEssprout Technologies (OPC) Private Limited reported revenue of ₹81.98 Lakh (up 50079% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years. EBITDA fell 245% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.93 Lakh | ||||
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| Net Profit (PAT) | -₹2.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -3.6% | ||||
| Net Profit Margin | -3.6% | ||||
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To see the full financial statements and ratios of Essprout Technologies (OPC) Private Limited, buy the company report.
Board of directors of Essprout Technologies (OPC) Private Limited
Essprout Technologies has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowrishankar Thotaiah | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Essprout Technologies (OPC) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global Best HR & Management Consulting Private Limited | ₹82.12 Lakh (FY 2024) | 6.0% | Chennai, Tamil Nadu, India | |||
| Klariant Business Solutions Private Limited | ₹82.1 Lakh (FY 2025) | 113.0% | Delhi, India | |||
| Technodignify Private Limited | ₹81.99 Lakh (FY 2024) | 240.0% | Delhi, India | |||
| A2s HR Services Private Limited | ₹81.98 Lakh (FY 2022) | Miraroadeast, Maharashtra, India | ||||
| Verakki Tech Services Private Limited | ₹81.98 Lakh (FY 2018) | 483.0% | Dabagardens, Andhra Pradesh, India | |||
| Essprout Technologies (OPC) Private Limitedthis company | ₹81.98 Lakh (FY 2024) | -₹2.93 Lakh | -3.6% | 50079.0% | 45 | Bangalore, Karnataka, India |
| Raksha Force and Systems Private Limited | ₹81.95 Lakh (FY 2025) | -24.0% | Bangalore, Karnataka, India | |||
| Ananta Resource Management Private Limited | ₹81.82 Lakh (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Kapil Consultancy Recruitment Services Private Limited | ₹81.8 Lakh (FY 2025) | 79.0% | Ahmedabad, Gujarat, India | |||
| Miraya Infoways Private Limited | ₹81.79 Lakh (FY 2025) | 25.0% | Delhi, India | |||
| Everestpro Kashmir Services Private Limited | ₹81.53 Lakh (FY 2025) | -36.0% | Baramula, Jammu and Kashmir, India |
To see the full peer comparison of Essprout Technologies (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Essprout Technologies (OPC) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Essprout Technologies (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Essprout Technologies (OPC) Private Limited has a workforce of 45 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Essprout Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCE1797A1ZN | Karnataka | Active | 30 Nov 2018 |
To see the full GST registrations and return filing status of Essprout Technologies (OPC) Private Limited, buy the company report.
Recent activity
Essprout Technologies (OPC) Private Limited has 1 board change on record since 2018: 1 appointment. The latest: Gowrishankar Thotaiah was appointed as Director on 20 Sep 2018.
Frequently asked questions
Essprout Technologies is an active company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U74999KA2018OPC116627.
Essprout Technologies has 1 current director:
- Gowrishankar Thotaiah - Director
The latest financial statements of Essprout Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2019. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Essprout Technologies is 29AAFCE1797A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Essprout Technologies is U74999KA2018OPC116627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essprout Technologies was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Essprout Technologies by revenue are Global Best HR & Management Consulting Private Limited, Klariant Business Solutions Private Limited, Technodignify Private Limited, A2s HR Services Private Limited, Verakki Tech Services Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Gowrishankar Thotaiah was appointed as Director on 20 Sep 2018.
Essprout Technologies can be reached through the website essprout.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Essprout Technologies is at # 2176 2 A – Block Aecs Layout, Bangalore, Karnataka, India – 560068.
Essprout Technologies operates in the business services industry, in the other services segment.
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