- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0191367

About Ideal Workforce Staffing Solutions Private Limited
Data last updated:
Ideal Workforce 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 06 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC068938. Its GSTIN is 29AADCI2295M1Z1 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balachander Jagadishwara (Managing Director) and Sujatha Rajasekaran.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.92 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹81.11 Lakh (net margin 0.9%) and EBITDA of ₹1.3 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 17% over five years.
The company has about 3,646 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ideal Workforce.
Ideal Workforce Staffing Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0191367). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idealworkforce.co.in.
Company details
Recognitions & Rankings of Ideal Workforce Staffing Solutions
Contact details
Ideal Workforce Staffing Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is idealworkforce.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.373 2nd Floor 11th Main Srinivasanagar Mainroad Sbm Colony Bsk, 3rd Stage, Bangalore, Karnataka, India – 560050
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ideal Workforce Staffing 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
Brands
Ideal Workforce Staffing Solutions operates one associated brand: Ideal Workforce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers temporary staffing, recruitment, payroll processing, and facilities management services. | idealworkforce.co.in |
Business activity
The main business activity of Ideal Workforce Staffing Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ideal Workforce Staffing Solutions Private Limited, buy the company report.
Financials of Ideal Workforce Staffing Solutions Private Limited
FY 2025 filings availableIdeal Workforce Staffing Solutions Private Limited reported revenue of ₹94.92 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹81.11 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Ideal Workforce Staffing Solutions Private Limited, buy the company report.
Board of directors of Ideal Workforce Staffing Solutions Private Limited
Ideal Workforce Staffing Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balachander Jagadishwara Also directs: Cartdo Private Limited | Managing Director | 06 May 2013 | 13 Years 5 Months | Current |
| Sujatha Rajasekaran | Director | 06 May 2013 | 13 Years 5 Months | Current |
Auditor
Ideal Workforce Staffing Solutions Private Limited is audited by Kolla and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kolla and Associates | FY 2022 | 012823S |
Shareholding
The shareholding of Ideal Workforce Staffing Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Workforce Staffing Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ideal Workforce Staffing 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 Ideal Workforce Staffing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ideal Workforce Staffing Solutions Private Limited has a workforce of 3,646 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Ideal Workforce Staffing Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI2295M1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ideal Workforce Staffing Solutions Private Limited, buy the company report.
Recent activity
Ideal Workforce Staffing Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Balachander Jagadishwara was appointed as Managing Director on 06 May 2013.
Frequently asked questions
Ideal Workforce 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 06 May 2013 (13+ years old) and is registered under CIN U74900KA2013PTC068938.
Ideal Workforce Staffing Solutions has 2 current directors:
- Balachander Jagadishwara - Managing Director
- Sujatha Rajasekaran - Director
The latest financial statements of Ideal Workforce Staffing Solutions 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 2015 are in the company report.
The GSTIN of Ideal Workforce Staffing Solutions is 29AADCI2295M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Ideal Workforce Staffing Solutions is U74900KA2013PTC068938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Workforce Staffing Solutions was incorporated on 06 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Balachander Jagadishwara was appointed as Managing Director on 06 May 2013. Sujatha Rajasekaran was appointed as Director on 06 May 2013.
Yes, Ideal Workforce Staffing Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0191367).
Ideal Workforce Staffing Solutions can be reached through the website idealworkforce.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ideal Workforce Staffing Solutions is at No.373 2nd Floor 11th Main Srinivasanagar Mainroad Sbm Colony Bsk, 3rd Stage, Bangalore, Karnataka, India – 560050.