About Hiring Ideas and Software Solutions Private Limited
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Hiring Ideas and Software Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 05 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC096710. Its GSTIN is 36AADCH5458D1ZN (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishna Reddy Purumala and Nupur Panjabi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.21 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹53,459 (net margin 7.4%) and EBITDA of ₹53,598 (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 238% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiringideas.com.
Company details
Contact details
Hiring Ideas and Software Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is hiringideas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16 – 2 – 705/37/1/A, Professor Colony, Hyderabad, Telangana, India – 500036
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Hiring Ideas and Software Solutions 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 Hiring Ideas and Software Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Hiring Ideas and Software Solutions Private Limited, buy the company report.
Financials of Hiring Ideas and Software Solutions Private Limited
FY 2023 filings availableHiring Ideas and Software Solutions Private Limited reported revenue of ₹7.21 Lakh (down 77% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 77% fall in the latest year. EBITDA fell 84% 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
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| EBITDA | ₹53,598 | ||||
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| Net Profit (PAT) | ₹53,459 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Hiring Ideas and Software Solutions Private Limited, buy the company report.
Board of directors of Hiring Ideas and Software Solutions Private Limited
Hiring Ideas and Software Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Reddy Purumala | Director | 17 Sep 2022 | 4 Years 1 Months | Current |
| Nupur Panjabi | Director | 05 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Hiring Ideas and Software Solutions Private Limited is audited by NIKITA SURANA AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIKITA SURANA AND ASSOCIATES | FY 2018 | 017203S |
Shareholding
The shareholding of Hiring Ideas and Software Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hiring Ideas and Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hiring Ideas and Software Solutions 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 Hiring Ideas and Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hiring Ideas and Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCH5458D1ZN | Telangana | Active | 19 Mar 2018 |
To see the full GST registrations and return filing status of Hiring Ideas and Software Solutions Private Limited, buy the company report.
Recent activity
Hiring Ideas and Software Solutions Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Krishna Reddy Purumala was appointed as Director on 17 Sep 2022.
Frequently asked questions
Hiring Ideas and Software Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 05 December 2014 (12+ years old) and is registered under CIN U72200TG2014PTC096710.
Hiring Ideas and Software Solutions has 2 current directors:
- Krishna Reddy Purumala - Director
- Nupur Panjabi - Director
The latest financial statements of Hiring Ideas and Software Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Hiring Ideas and Software Solutions is 36AADCH5458D1ZN, registered in Telangana.
The CIN (Corporate Identification Number) of Hiring Ideas and Software Solutions is U72200TG2014PTC096710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hiring Ideas and Software Solutions was incorporated on 05 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Krishna Reddy Purumala was appointed as Director on 17 Sep 2022. Suresh Bandekar Babu ceased to be Director on 17 Sep 2022. Munipally Noone Srikanth ceased to be Director on 30 Sep 2019. Hiring Ideas and Software Solutions has 8 board changes on record in total.
Hiring Ideas and Software Solutions can be reached through the website hiringideas.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Hiring Ideas and Software Solutions is at 16 – 2 – 705371A, Professor Colony, Hyderabad, Telangana, India – 500036.
Hiring Ideas and Software Solutions operates in the business outsourcing industry, in the accounting and financial analysis segment.