Frolic Management Services Private Limited
About Frolic Management Services Private Limited
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Frolic Management Services Private Limited is a private limited company based in Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC292156. Its GSTIN is 09AACCF7828E1ZJ (Uttar Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pushpa Tripathi and Brij Bhushan Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P – 11 Pillangi Sarojini Nagar, Delhi, India – 110023.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.52 Lakh (net margin 1.8%) and EBITDA of ₹2.1 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 156% over three years and 77% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Frolic Management Services Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 11 Pillangi Sarojini Nagar, Delhi, India – 110023
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Frolic Management Services 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
Business activity
The main business activity of Frolic Management Services 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 Frolic Management Services Private Limited, buy the company report.
Financials of Frolic Management Services Private Limited
FY 2025 filings availableFrolic Management Services Private Limited reported revenue of ₹82.69 Lakh (up 1365% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 77% over five years. 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 | ₹2.1 Lakh | ||||
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| Net Profit (PAT) | ₹1.52 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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| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Frolic Management Services Private Limited, buy the company report.
Board of directors of Frolic Management Services Private Limited
Frolic Management Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Tripathi | Director | 04 Mar 2016 | 10 Years 7 Months | Current |
| Brij Bhushan Sharma | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Frolic Management Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with 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 |
|---|---|---|---|---|---|---|
| Hirva HR Solutions Private Limited | ₹82.91 Lakh (FY 2024) | 29.0% | Surat, Gujarat, India | |||
| Frolic Management Services Private Limitedthis company | ₹82.69 Lakh (FY 2024) | ₹1.52 Lakh | 1.8% | 1365.0% | 44 | Delhi, India |
| CGP Employee Assistance Solutions of India Private Limited | ₹82.69 Lakh (FY 2017) | -33.0% | Bangalore, Karnataka, India | |||
| Upman Innovative Resourcing Private Limited | ₹82.52 Lakh (FY 2022) | 50.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Frolic Management Services Private Limited, buy the company report.
Auditor
Frolic Management Services Private Limited is audited by P A R Y & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A R Y & CO | FY 2019 | 007288C |
Shareholding
The shareholding of Frolic Management Services Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Frolic Management Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Frolic Management Services 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 Frolic Management Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Frolic Management Services Private Limited has a workforce of 44 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Frolic Management Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCF7828E1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Frolic Management Services Private Limited, buy the company report.
Recent activity
Frolic Management Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Sudesh Sharma ceased to be Director on 10 Aug 2024.
Frequently asked questions
Frolic Management Services is an active private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 March 2016 (10+ years old) and is registered under CIN U74999DL2016PTC292156.
Frolic Management Services has 2 current directors:
- Pushpa Tripathi - Director
- Brij Bhushan Sharma - Director
The latest financial statements of Frolic Management Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Frolic Management Services is 09AACCF7828E1ZJ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Frolic Management Services is U74999DL2016PTC292156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frolic Management Services was incorporated on 04 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Frolic Management Services by revenue are Hirva HR Solutions Private Limited, CGP Employee Assistance Solutions of India Private Limited, Upman Innovative Resourcing Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Sudesh Sharma ceased to be Director on 10 Aug 2024. Brij Bhushan Sharma was appointed as Director on 09 Aug 2024. Pushpa Tripathi was appointed as Director on 04 Mar 2016. Frolic Management Services has 4 board changes on record in total.
The registered office of Frolic Management Services is at P – 11 Pillangi Sarojini Nagar, Delhi, India – 110023.
Frolic Management Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
The compliance status of Frolic Management Services is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.