I See Staffing Solutions Private Limited

I See Staffing Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74910KA2011PTC061281 Incorporated 22 November 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME
Data last updated
Revenue · FY 2020
₹11.17 Cr
▼ 22% YoY
Net profit · FY 2020
₹58,172
Net margin 0.1%
EBITDA · FY 2020
₹1.05 Cr
EBITDA margin 9.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
30
Provident fund records
Directors on board
2
As per MCA filings

About I See Staffing Solutions Private Limited

Data last updated:

I See Staffing Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 22 November 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2011PTC061281. Its GSTIN is 29AACCI7789P1ZF (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tenepalli Hariprasad and Radhapathy Tiruvallur Loganathan.

Its last annual general meeting (AGM) was held on 29 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2020, the company reported a revenue of ₹11.17 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹58,172 (net margin 0.1%) and EBITDA of ₹1.05 Cr (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.

The company has about 30 employees on its provident fund (EPFO) records.

Court records list 41 cases involving the company, including 1 filed by the company and 40 filed against it; 3 cases are pending.

I See Staffing Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030514). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iseestaffingsolutions.com.

Company details

CIN U74910KA2011PTC061281
Registration Number 061281
Incorporation Date 22 November 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0030514

Recognitions & Rankings of I See Staffing Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0030514

Contact details

I See Staffing Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is iseestaffingsolutions.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    1st Floor Plot No – 32 Shop No – 10 Otis Circle Jigani Industrial Area Jig, Ani, Bangalore, Karnataka, India – 560105
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of I See Staffing Solutions Private Limited, buy the company report.

Comprehensive company report
I See Staffing Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of I See Staffing Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of I See Staffing Solutions Private Limited, buy the company report.

Financials of I See Staffing Solutions Private Limited

FY 2020 filings available

I See Staffing Solutions Private Limited reported revenue of ₹11.17 Cr (down 22% YoY) for FY 2020.

Revenue · FY 2020
₹11.17 Cr ▼ 22%
Net profit · FY 2020
₹58,172 margin 0.1%
EBITDA · FY 2020
₹1.05 Cr margin 9.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 5%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 17%
5 years · compounded
▲ 13%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 22% fall in the latest year. EBITDA fell 20% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹11.17 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58,172
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin9.4%
Net Profit Margin0.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of I See Staffing Solutions Private Limited, buy the company report.

Board of directors of I See Staffing Solutions Private Limited

I See Staffing Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tenepalli HariprasadDirector22 Nov 201114 Years 11 MonthsCurrent
Radhapathy Tiruvallur LoganathanDirector22 Nov 201114 Years 11 MonthsCurrent

Peer comparison

I See Staffing Solutions 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajdeep Projects Force Private Limited₹11.18 Cr (FY 2024)0.0%Ahmedabad, Gujarat, India
I See Staffing Solutions Private Limitedthis company₹11.17 Cr (FY 2020)₹58,1720.1%-22.0%30Bangalore, Karnataka, India
Raysons Industrial Solution Private Limited₹11.14 Cr (FY 2025)5.0%Rewari, Haryana, India
Shri Swami Samarth Industrial Services Private Limited₹11.12 Cr (FY 2025)42.0%Pune, Maharashtra, India

To see the full peer comparison of I See Staffing Solutions Private Limited, buy the company report.

Auditor

I See Staffing Solutions Private Limited is audited by J RAUNIYAR & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
J RAUNIYAR & ASSOCIATESFY 2020022500S

Shareholding

The shareholding of I See Staffing Solutions Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of I See Staffing Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for I See Staffing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

I See Staffing Solutions Private Limited has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
-94.04%

GST

I See Staffing Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AACCI7789P1ZFKarnatakaActive01 Jul 2017
33AACCI7789P1ZQTamil NaduActive31 Dec 2020

To see the full GST registrations and return filing status of I See Staffing Solutions Private Limited, buy the company report.

Recent activity

I See Staffing Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Tiruvallur Radhapathy ceased to be Additional Director on 16 Sep 2021.

Ceased
Tiruvallur Radhapathy ceased to be Additional Director.
AGM
I See Staffing Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2020 as per latest MCA records.
Filing
I See Staffing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Radhapathy Tiruvallur Loganathan was appointed as Director.
Appointed
Tenepalli Hariprasad was appointed as Director.
Incorporation
22 Nov 2011
I See Staffing Solutions Private Limited was registered on 22 Nov 2011 with Roc Bangalore & aged 14 years 11 months as per MCA records.

Frequently asked questions

I See Staffing Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 22 November 2011 (15+ years old) and is registered under CIN U74910KA2011PTC061281.

I See Staffing Solutions has 2 current directors:

The latest financial statements of I See Staffing Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 September 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of I See Staffing Solutions is 29AACCI7789P1ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCI7789P1ZQ (Tamil Nadu).

The CIN (Corporate Identification Number) of I See Staffing Solutions is U74910KA2011PTC061281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

I See Staffing Solutions has 41 court cases on record: 1 filed by the company and 40 filed against it. 3 are pending. Most are in the district courts.

I See Staffing Solutions was incorporated on 22 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of I See Staffing Solutions by revenue are Rajdeep Projects Force Private Limited, Raysons Industrial Solution Private Limited, Shri Swami Samarth Industrial Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Tiruvallur Radhapathy ceased to be Additional Director on 16 Sep 2021. Radhapathy Tiruvallur Loganathan was appointed as Director on 22 Nov 2011. Tenepalli Hariprasad was appointed as Director on 22 Nov 2011.

Yes, I See Staffing Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0030514).

I See Staffing Solutions can be reached through the website iseestaffingsolutions.com. Its registered office is in Bangalore, Karnataka, India.